1. Know what you own: create an inventory list
Inventory lists are beneficial, especially when it comes to estate sales. Making a comprehensive list will help others to quickly and easily see the value of all the items left behind. Using a photo album can be helpful for this task; just photograph each item with its price tag so there is no confusion about pricing at sale time. You could also use an app on your phone that allows you to enter photos of items along with their prices or descriptions if you prefer not to make physical copies, particularly if storage space is tight. It is important to note each piece of furniture’s size before photographing because some pieces might need extra space which has an additional cost associated with house moving.
What’s the difference between an estate sale and an auction? Auctions, while for selling real estate currently running, have been around as long ago as ancient Rome when they were used to sell animals (cows or camels) or other farm products.
Today there are many reasons why people will choose to sell their homes using auctions rather than an actual estate sale. One reason is that some sellers believe that having their home go up on auction will generate more interest in it which means bigger sales and better profit compared to if the house was sold solely by an estate sale company. Another reason is that at times it may be difficult to find reputable companies who offer both so it’s critical to perform your own due diligence and research to find such organizations.
Estate Sales Are a Good Way For Large Families To Get Rid of Unwanted Junk in days
If you live in an area where estate sales are common, the existence of such auctions may be well known within your family and friends. The same is true if you’re a collector of something that others may collect as well. In these cases, it will be easier for your relatives to let go because they can place some value on items or feel confident at least, that things won’t get thrown out. If you have a large quantity – we’re talking lots of items here – including desirable antiques and other valuable possessions, then holding an estate sale is the way to go. You might decide against this option if you need to get out of the home fast and would much rather sell the house with the junk still inside.
Plan for Rememberances
The second group is the public, those who didn’t know the deceased but may either be attracted to an estate sale in general or purchase items they haven’t ordinarily seen before. These folks often come with a shopping list and can be very picky; therefore you must be prepared to deal with them. They are not your friends or family, and they will come loaded down with cash!
Many have attended two or three sales already that day and are looking for something specific while others are just browsing. It behooves you to make these shoppers feel as comfortable as possible so that they will buy without feeling rushed. A clean well-maintained home sets the tone for what could be a very profitable estate sale so pay close attention to the details that will set your property apart from others in the area.
The company that purchases the estate will typically take everything and pay you a flat fee for handling the sale. If you were considering taking your treasures to another neighborhood garage sale or an auction house, there are fewer people involved and less time involved in this option because it is a one-day sale at most. But, more importantly, most of these companies do not have any money invested upfront. They make their investment on the backend by paying anywhere from 10 to 60 percent of what they sell the items for. So if they can buy it for $1,000 and sell it for $3,000 — netting them a profit of $2,000 — they’re happy comparisons become easy when dealing with a large volume of items.
Understand your Objective
The pros at HBR Colorado will help make your estate sale easy. Working with HBR Colorado to sell the estate home is the best estate sale tip for Colorado Springs property owners. Call HBR Colorado at (719) 286-0053 or send us a message today to learn more. through the process, especially if you’re handling it on your own.
Having a sale to liquidate your assets can be overwhelming and depressing but if you focus on the reason for having a sale in the first place, which is to help keep all those items from sitting in an empty house and perhaps become an eyesore to neighbors or invite vandals into your home then will have more energy and time left over to spend with family and friends.
It’s just like taking out junk jewelry, old clothes, or broken appliances when you move apartments; you don’t do it for fun — even though it might feel good at the moment — but instead so that you can make way for new people who need these items as part of