Category Archives: Estate Sales Help & Tips

Florida estate sales – some things you should know

Florida homeEach state has it’s own laws pertaining to estate sales. Today we’ll discuss some things to expect in Florida. Perspective clients for estate liquidators should ask about these topics to be informed.

The state of Florida requires the collection of sales tax by estate liquidation companies unless you possess a resales tax certificate which a buyer will need to present to the liquidator. Florida requires the liquidator to keep a copy of this certificate on file.

In many areas of Florida you will find signs posted in highly visible locations on the front yard of the home (or where there isn’t a front yard near the entrance) where the sale is being held letting buyers know that no purses or large bags can be brought into the home. This is a security measure for the protection of the sale.

Especially on nice days you will find the check out for the sale in the garage, under a canopy or tent. Many Florida liquidation companies record their sales on computers. It is beneficial for keeping track of the sales tax collected that must be reported and turn into the state.

More and more local authorities are requiring estate sales companies to take out a local license for their estate liquidation business.

More discussion in the future.

Sequestration – will it effect you?

Sequestration may effect estate sales buyers and sellers in parts of the country where there are numbers of federal employees. Furloughs or unemployment can diminish proceeds and inhibit sales.

If you are not buying as an antiques dealer or reseller on Ebay disposable income influences your impulse buying.  General household items prices eventually become lower with a smaller audience or tighter budget.

Of course not all areas of the country may see some of these changes. We’ll be watching for you.

 

Don’t let these stories happen to you.

Megan Feldman published an article in Consumers Digest in November 2012 entitled The Truth About Estate Sales. In the article she chronicles some of the serious issues that happened when some consumers hired some questionable estate sales companies. They appear not to have been informed on what to ask, look for and expect. That’s why Estate Sales News is here. To provide helpful information.

Not all estate sales companies are alike so choosing an estate liquidator armed with information can prevent many problems.

Here is a link to her article.

The Truth About Estate Sales by Megan Feldman