Category Archives: How Do Estate Sales Work

Why An Estate Sale Company Cancels Estate Sale!

Why an estate sale company cancels estate sale?

Sellers, these are reasons you need to know and understand.

A seller hires an estate sale company after performing their due diligence.  You should have chosen a professional company that you can place your trust and confidence in.

Today, many sellers fail to have this confidence and trust in their estate sale company. Why did you hire them? Did you check their references, how they research and price items and what security they have.

Showing up the day or night before an estate sale to “check” how the estate sale company did is inappropriate and may have the result of an estate sale company cancelling the sale.

An estate sale company is working for your best interest. If you have chosen the company following the guidelines for hiring an estate sale company let them do their job for you.

When a seller displays distrust in an estate sale company before the sale starts this causes a concern to the estate liquidator.

Checking prices established by the estate sale company is in appropriate. If you are concerned about pricing this should be discussed before signing the estate sale contract. Have an item you have a bottom line price on. Speak with the estate sale company before signing their contract.

An estate sale company cannot work for mistrusting sellers.

Shopping At Estate Sales In Person Or Online

Shopping estate sales online or in person. Which works for you?

There are some companies that have offered online estate sales. Two large national companies prefer selling this way. Another estate sale listing website has announced that it too will offer online estate sales starting next year. All this in a growing competition to attract buyers and estate sale companies.

How do you like to shop? Do you like to handle and inspect what you’re buying personally or do you trust online sales to include all the necessary photos and information to enable you to make a decision? It is similar in this way to online auctions. You rely on the company selling to provide accurate and complete descriptions.

Many large retailers sell online only, such as Overstock and Wayfair. Selling new items with warranties or return policies can offer security. Online estate sales will usually be used items and the return policy will depend on the estate sale company. Determining whether to buy at an on site estate sale or online estate sale really depends on your comfort zone.

Preventing Theft At Estate Sales

Preventing theft at estate sales is important as more people attend the sale.

Estate liquidators are hiring off duty policemen for security and safety for their estate sales.

Estate sale companies can use this security to ensure orderly entrance into the estate sale as well as monitor those exiting. The off duty police officer may ask to see your receipt. He or she may also ask to look at the contents of your bags or boxes.

Estate sale staff are monitoring the personal property entrusted into their care. If staff see someone trying to steal or change a price tag, they will report this to the owner of the estate sale company and the security person.

Many estate sale companies that have caught thieves have taken to posting their photos on Facebook to warn others and hopefully prevent further theft attempts. They hope the embarrassment of their photo will succeed when viewed by the general public.

Estate sale companies can prosecute anyone caught stealing. Many use video cameras to monitor their sales.

Estate liquidators are now limiting coats and in many cases preventing pocket books from being brought into the estate sale. In Florida it is not uncommon to see yard signs that clearly say no large bags or purses.

Why Learn About Estates?

Why learn about estate sales? If you are a baby boomer or an heir settling an estate you want to understand the liquidation process and hire the right estate sale company for your needs.

A liquidator with 20 plus years in the estate liquidation business conducting estate and moving sales as the editor of EstateSalesNews.com I learned by hands on experience. Experience working estate sales is the best teacher of knowledge and handling a variety of situations.

Estate sale advertising listing websites are able to put you in contact with estate sale companies in your area.

Experience and knowledge about estate sales is done by actually working at estate sales.

Estate Liquidators And Realtors Should Work Together

Baby boomers are on the move in droves and estate sales are tied closely to real estate sales. Estate liquidators and Realtors should work together.

Your Estate Sales News Editor has been a Realtor and estate liquidator. Both professions work for the seller. Both parties should determine what will be in the best interest of the seller and compromises will need to be made.

Realtors like to have a seller declutter for best results. Eliminating personal property that can be distracting for a buyer.

The estate liquidator doesn’t want the seller to eliminate anything until they have walked through the property to see what can be sold.

Estate sale companies and Realtors best serve the seller when they work together. Sitting down for a conversation about the long term outcome for the seller is beneficial.

Estate Sale Collections Hot Or Not

Estate sale collections hot or not. Most estate sales have some collection included in the sale, however many collections are not hot right now. They can be large or small.

Understanding that collections that were once highly treasured and sought after have gone cold is not easy for most sellers to except.

Estate sale companies do not want to sell your items cheap. Commissioned based estate sales are looking for the best or highest value for items in the sale. The more an estate sale company can sell your  contents for, the more they receive in commission.

It is not easy for sellers to accept that items such as hummels, collector plates, and other collectibles from the last forty plus years do not have the value paid for them.

July 4th Weekend And The Impact On Estate Sales

The July 4th weekend and the impact on estate sales is usually only noticed by estate sale companies. Most estate liquidators take this time off to celebrate our Independence Day with family and friends as most Americans do.

Auction companies often hold holiday weekend auctions. Their audiences often differ from estate sale companies.

Estate sale followers and attendees usually shy away from major holiday weekends. Christmas, Easter, and July 4th especially. Time for family and friends.

Our 4th of July celebration gives the estate sale companies and their staffs an opportunity to enjoy to enjoy some needed rest time and join in the celebration.

As summer vacations begin, estate sale companies will be working harder to get the message out about their sales and what each weekend the public will find.

Marketing strategies change to accommodate the summer season. Social media for targeting their audience will be a key player in their advertising campaigns. Vacationers following Facebook, Twitter, Instagram, and Google+ will find ads, photos, and snippets about estate sales. Click for advertising on social media.

Need Estate Sale Information ?

2016 has seen a surge of estate sales during the first six months and estate sale information is constantly being searched for on the internet and social media. Sellers and buyers are constantly seeking advice, help, and tips about estate sales taking place.

People downsizing, retiring, or just settling an estate are in need of estate sale information about everything from how to choose an estate sale company, what’s selling and why, to estate sale contracts.

Estate sale advertising listing websites are able to answer the questions about what sales are taking place in your community. They show where, when, and what estate sale company is conducting them. Advertising websites offer photos, providing a list from the estate liquidator of what is included in the sale. EstateSale.com is one of these websites. These websites have all seen rapid growth.  Websites and organizations involved in estate liquidation advertising or the liquidation education business encourage people to become estate liquidators. Keeping the number of estate sale companies continually growing.

Estate Sales News is a national publication offering sellers, buyers, and estate liquidation businesses the latest news and information. Our articles are about all aspects of the estate liquidation industry and estate sales. EstateSalesNews.com focuses on being a resource to answer your questions providing information from a former experienced estate liquidator.

Estate Sales News has a “free” IOS app download. Whether you are on the road heading to an estate sale or waiting to interview an estate sale company you can find information and help by clicking on our app on your smartphone. You can also find estate sale listing websites with just the touch of your finger and be directed to their main page. We eliminate the need for a general search for these websites. Find them on EstateSalesNews.com IOS app.

Providing information on what’s hot and what’s not, the sale of ivory, sales tax collection, clean outs, estate sale etiquette, entering or negotiating at an estate sale. Showcasing a news worthy estate sale and estate sale videos can be seen. Please look over the multiple categories we offer.

EstateSalesNews.com has social media pages on Facebook, Twitter, Pinterest, and YouTube. Subscribing to us is free and at no obligation.

Happy shopping this weekend at your local estate sales. Saving $$$ and keeping our planet green.

 

Estate Sales In Summer Are Not Garage Sales

Estate sales in summer are not garage sales. During the summer it is easy for shoppers to think that because an estate sale is being held in the summer months this should result in lower prices.

An estate liquidation is not the same type of sale as a garage or yard sale. Estate sale companies are professional liquidators.

A garage or yard sale is not run by a professional liquidator. Garage and yard sales are run by homeowners or tenants looking to eliminate accumulations of items no longer wanted.

A seller(s) hires a professional estate sale company to liquidate their contents. Estate liquidators understand the value of the contents of a home. Items will not be priced in nickles, dimes or quarters. Seller(s) expect them to obtain the current market value in their community for their belongings.

Estate sale companies may use Craigslist to advertise their sale, but that does not classify it as a garage sale.

Reaching the broadest audience possible is the goal of estate liquidators. This could be listing estate sales on advertising listing websites such as EstateSale.com and/or other advertising listing websites. It may also include Facebook, Twitter, Instagram, Google+, and Pinterest. Most estate sale companies also have their own websites.

Selling A Collection At An Estate Sale

Selling a collection at an estate sale? Many of the baby boomer generation are collectors.

The baby boomer generation is a large portion of the population downsizing and moving. Many boomers have a variety of accumulations they want to reduce or eliminate. Many collectors hire an estate sale company and have them conduct an estate sale. Selling off collections requires estate sale companies to have the knowledge how to approach and conduct the sale.

Starting with determining the amount of time to research the collection. They base their charges on the time involved researching, setting up and pricing. The larger or more rare or unique the assemblage, the more time an estate liquidator may need to adequately research the collection. In some cases they may seek out an appraiser with specific knowledge in the items to be sold for assistance.

An estate sale company needs to understand the value of the items in the collection. Why they have value. Understanding the monetary value and how and where it is derived from whether it is rare, condition, color, or age, all of these aspects must be considered.