What do you need to know about an estate sale?
Simply put, an estate sale happens when someone needs the home’s assets to be sold or otherwise liquidated. Organizing an estate sale takes planning and hard work. In addition, family members are often emotionally tied to the items for sale. Here’s where an estate liquidator steps in, as they objectively manage the sale from start to finish.
How is an estate sale different from a yard sale?
An estate sale is somewhat similar to a garage sale (also known as a yard sale). In both cases, the sale takes place on the home’s premises, and both are open to the public. However, estate sales have some major differences compared to yard sales. On the first day, estate sale buyers often line up at the front door before the sale begins.
How does bidding work at an estate sale?
The auctioneer calls each item one by one, and the item goes to the highest bidder. With an estate sale, there is no auctioneer. Shoppers are allowed to peruse the home’s assets at their leisure. The prices are set, and shoppers do not have to place competitive bids on items.
How does pricing work at an estate sale?
Estate sale pricing is conducted by the estate sale organizer, who prices most items based on their market value. This is how each item’s price tag is established. However, organizers can also do on-the-spot pricing for certain items. After the first day, organizers typically discount items to encourage buyers to snap up the bargains.
What to look for in an estate sale?
As a part of the estate sale process, the owners will allow a walkthrough of the home. This is your time to truly inspect the home. Look in each room, try the appliances, check the electrical and plumbing systems, and look for any obvious issues with the home.
An estate sale is somewhat similar to a garage sale (also known as a yard sale). In both cases, the sale takes place on the home’s premises, and both are open to the public. However, estate sales have some major differences compared to yard sales. On the first day, estate sale buyers often line up at the front door before the sale begins.
Where can I find an estate sale website?
Easily reach and attract shoppers to your sale by using the largest estate liquidation online advertising platform! List your estate liquidation today! EstateSales.NET has been around since 2002 and has provided a way for over 9,000 estate sale companies nationwide to grow beyond their expectations. List your company today! We have an app, too!
Can you walk through a house at an estate sale?
Luckily, with an estate sale, you can walk through the home. It’s different when you buy a foreclosed home on auction and you can’t see the inside of the home. As a part of the estate sale process, the owners will allow a walkthrough of the home.
