Category Archives: Estate sales information
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From EstateSalesNews.com. Your #1 source for estate sale information, tips and news.
Understanding the estate sale process is very important as the liquidation business continues to grow.
Estate sale companies cannot commit until they have seen everything you are selling. The company needs to decide if there is enough in the sale to make it profitable for them.
Estate liquidators have many expenses such as insurance, staff, supplies, security and the time needed to prepare the sale. Liquidators have to include their advertising costs to compete with the growing number of estate sales.
Sellers hiring an estate sale company should recognize that they have a multitude of expenses. Working to create a successful sale for you to the best of their ability requires knowledge and marketing experience.
Estate liquidators also need empathy in many cases for clients.
A strong estate sale contract that protects and explains the estate sale company obligations and the sellers obligations is very important in the process. Many estate sale companies have their contracts prepared by attorneys.
The estate sale company may have a membership in associations such as the NAOEL. These associations and societies charge a fee to join and a yearly fee for membership. They also provide education that they charge the estate liquidator for.
The estate sale company incurs the cost of excepting charge cards. Fees are accessed and each company decides whether to charge them to a seller or absorb them. This may be part of their commission. Each estate sale company is different.
Sellers should understand what is required to prepare and conduct a sale. Reviewing the estate sale process with any estate sale company you are interviewing is important to avoid future misunderstandings.
EstateSalesNews.com shares this weeks estate sales news, information and tips.
On Sunday, August, 20th The Orange County Register in California published an article “The 7 Things You Need To Know About Selling Everything In Your House”. This article featured Simone Kelly from Grasons and your editor Carol Madden of EstateSalesNews.com. This article went national through Google Alerts.
An estate sale company was conducting an estate sale and selling a gas grill. The estate sale company hadn’t cleaned it and when a couple went to steal it they were surprised by a massive number of bees nesting inside the grill attacking them.
A “real estate” firm from Seal Beach California wrote internet multi-page article “How to Choose An Estate Sale Company”. EstateSalesNews.com offers a link at the top left of our Front Page to assist you. The article appears to have been written with assistance from two of the three major estate sale advertising listing sites as they were mentioned and linked in the ad. Realtors now giving advice on estate sale business without experience. There is no mention of estate liquidation experience from the real estate company.
Collecting sales tax at estate sales is necessary unless the state the sale is being conducted in exempts estate sales from sales tax. For example Florida and California collect sales tax, New Jersey does not.
Two large estate sales will take place next week. One in Tampa, Florida is a 4 day estate sale with 20 shipping containers filled with multiple collections. The other estate sale will be 3 days and includes an entire village collected by one gentleman in Onamia, Minnesota. EstateSalesNews.com will feature pictures and information from both estate sales early next week.
Marilyn Kalfus of the Orange County Register interviewed Simone Kelly of Grasons and your editor Carol Madden of EstateSalesNews.com last week. This article about estate sales was published in the real estate section of the Orange County Register on August 21, 2016 and has appeared on several other websites including inusanews.com, Orange County Sun, follownews.com and NVS24.
By MARILYN KALFUS / ORANGE COUNTY REGISTER STAFF WRITER
When Rocky Scott moved his family to Orange County, the overstuffed, bulky furniture that looked so right at home in Tennessee suddenly looked so wrong.
It wasn’t just the rustic style, perfect for a 7,000-square-foot house in the mountains. In sunny Southern California, the Scotts had moved into a 5,000-square-foot rental, then bought a place about half that size.
“We didn’t want to go through the aggravation and the risk of running our own sort of yard sale,” said Scott, a 46-year-old information technology executive. “It was just too much stuff. We didn’t want to manage people running in and out of the house.”
They decided to hold an estate sale.
20 shipping containers, cars (vintage and used), jewelry, coins at one estate sale being conducted by Full House Liquidation in Tampa, Florida starting September 1st.
I spoke with the owner of Full House Liquidation, Danny Triplett about this upcoming Tampa estate sale.
The sale is from two brothers who were hoarders. They even used twenty 40ft. shipping containers to store in.
This estate sale includes six cars including a vintage Corvair, Kharman Gia, and VW van. There are two Suzuki motorcycles. The sale includes 100’s of brand new diecast cars, six or seven late 1800 trunks. Lone Star Boy Scout magazines, crates of brand new mens clothing with tags still attached, jewelry, coins and they are still sorting through this enormous amount of items.
This estate sale is so large the preparation is taking four weeks with staff working long hours.
The estate sale will take place for 4 days starting September 1.
EstateSalesNews.com will report on this estate sale again before it begins.