(3TV/CBS 5) − "One of the last things I ask people when I'm doing an initial walk through of my house is, 'Do you have anything in the yard?' and they look at me like I'm crazy," says Josh Levine, owner of J. Levine Auction and Appraisal. "People always leave things when they sell their house. I say let me look in your back yard cause I dont want you to leave anything they go what do you mean?"

There could be things all around your house that you consider trash but sometimes it's worth a lot of money.

"We see Victorian furniture, Mid-century Modern, Colonial antiques, 14 karat gold jewelry," says Levine.

Levine says he gets items every day from home sales, estates, and businesses and sells them online. Every single item goes through an elaborate photo shoot before it is put online and sold, most times, within a week.

He says he gets the contents from 10 to 15 estates a week that fill up his 75-thousand square foot warehouse. The items are open to people all over the world. He says people from 70 different countries on average are bidders.

"There is misconception with auctions where people think, 'Oh all of my stuff is gonna sell for $10.' No, you have the whole world bidding at your auction," says Levine. "So, it's kind of like putting your entire house on Ebay now."

Maybe you are inheriting an estate. Levine and his team take the stress out of figuring out  what to do next.

"I can't tell you how many clients I have who say my parents have passed away, I have their estate to deal with," says Levine. "They take off of work. They will be overwhelmed!"

"We consult the client and say this is a better online auction item. Sometimes taking it in to donate to is a better option for you from a tax perspective. We get calls from people and the most common thing someone says is, 'I have a 200-year old dining room table' and I say it's worth about $50 bucks. They go 'What it's 200 years old!' But that Tonka truck that you had when you were a boy that's worth $300. It's never what you think is worth the money."

J. Levine Auction and appraisal is open on Fridays for people to browse, touch and feel before they bid online.

Fidelity.com posted an article about what to expect during the estate settlement process.

Start your mornings with anchor Yetta Gibson weekdays from 4:30 a.m. to 7 a.m. on CBS 5 This Morning. Her passion is telling great stories, getting out and about to meet and talk to people in the community, and making what she calls "that comfortable connection" with her viewers.

 
 


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CBS 5 This Morning Anchor

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