Search Results for: estate sale contracts
The holiday season brings family gatherings, food, happy memories, and it also brings stress. Stress for buyers, sellers, and even estate sale companies.
Buyer behavior to avoid while attending estate sales during or after the holidays.
- Please do not use abusive language with other buyers and especially the estate sale company. They can ask you to leave and bar you from any future sales. There is no excuse for rudeness.
- If an estate sale owner asks you to move your vehicle – please do it. They are in charge and you are an “invited” guest. It will only cause problems.
- Please remember to use the words please and thank you. Estate sale companies experience many types of stress and good manners go a long way. This should be a pleasant shopping experience as it would be in a retailer such as Macy’s.
- Whatever the entrance procedure is set up by the estate sale company please follow their directions and do not shove or push in line or while waiting to enter.
- The estate sale company represents the sellers and it is their job to get the best possible price (you are still saving over retail). Don’t start haggling and telling them about their prices. You can always shop somewhere else.
- Be sure to read all posted signs from the estate sale company (if they have them) and follow their instructions. Failure to do so may result in your eviction from the sale and then you have lost a great opportunity.
- If you have any questions about the sale, email or call the liquidator. Some companies do not accept emails or calls. Most estate sale companies post their terms and conditions on estate sale listing websites.
Sellers, if you have done your due diligence including speaking with past clients of the estate sale company, reading reviews, conducted an in depth interview and signed a contract, it is now time to step back and let the professionals you hired to conduct your estate sale do their job. Remember the best source for choosing an estate sale company is after you have done your own research. Don’t rely on the BBB, or any one particular group. Seek out their advice, but remember that the responsibility for choosing a professional estate sale liquidator is yours, having done your homework thoroughly.
You don’t tell your doctor or dentist how to do their jobs and professional estate sale companies deserve the same courtesy and respect. If you feel you need to be at the sale to watch over the estate sale company, you shouldn’t have hired them. It indicates to the estate liquidators that you don’t trust them. Estate sale liquidators take what they do seriously, with professionalism, and they need your trust and confidence to do their job for you. They want your sale to be as successful as it can be, but no one can give you a guarantee. You and the estate sale company benefit from your sales success. However, weather, competition, and what you have for sale will be a big determiner of your sales’ success.
With Thanksgiving less than two weeks away, don’t let the stress of this holiday season create unnecessary uncomfortable and avoidable situations at estate sales and take away a great source for unique and rare finds, stretching your budget, reaping financial reward, and going green.
Yesterday as a walked around a Best Buy I was listening to salespeople speaking about their upcoming bargains on Black Friday. With just 14 days to go some stores are already selling items with market downs.
Are you on a budget? Do you have a large family to buy for? Then why wait for retailers, the masses, and possibly staying up all night when you can shop and save every weekend at an estate sale.
Let’s look at what’s selling this week at estate sales.
This week we have looked at what is on the east coast. Thousands of estate sales stretch from the Atlantic to Pacific ocean and they are ready and waiting for you. Great buys, rare and unique, vintage and collectible, sterling and gold, art, books, clothing, even wrapping paper and Christmas cards. Anything you can find retail, you can find at estate sale depending on your area.
Keep your budget in tact, (you may even stretch your budget) surprise your friends and loved ones, and feel good about buying local. Shop the USA.
Look at the variety of vintage radios that are for sale over the next two weekends at estate sales.
Do you recognize one that you or your parents or grandparents had?
Many of the baby boomer generation have accumulated large amounts of items in their homes, unlike their parents who were raised during the great depression of the 1930s. This has resulted in additional costs being added by many estate sale companies to deal with the volume of merchandise to be sold.
Commissions vary from city to city and state to state. In some areas they are having commission wars to attract business from competitors. Remember the commission should be your last concern when hiring an estate sale company – not your first.
Having a good solid contract written by an attorney is an expense, but important for both sellers and estate sale companies.
It is not unusual to find an estate liquidator charging for extra labor time with larger estate contents for sorting, staging, and cleaning which require extra staff. If the property belonged to a compulsive disorder individual (a hoarder) it may well necessitate weeks of sorting, a dumpster, and much more work. Most companies will charge for this. It is time they cannot devote to other sales.
Researching takes time. Today, companies bring iPads and tablets on site to research, however, there isn’t always enough time with all the other work to be done and they continue when they get home well into the night. It isn’t just an 8 hour day anymore.
License costs (in many areas, not all) along with permits either for holding the sale or putting out signs or both are costly and many towns that didn’t use to charge for them, however, many cities and towns have changed their policies.
Liability insurance is a big cost for estate sale companies and a liquidator that doesn’t have liability insurance is a risk, you as a seller may not want to take.
Estate sale companies are also providing workers comp insurance to their staff. Some companies even provide unemployment insurance and many companies have to pay their staff even if they don’t have a sale.
The costs have also risen as many estate sale listing websites increase the cost of listing sales. Pricing for specialties like local, regional, or national featuring on some listing sites can go as high as $500. This has also helped raised the price of conducting estate sales.
Credit card fees, professional group fees, providing security, and also security cameras all add to the costs factored into the commission for the estate sale.
Supplies (tables, lighting, table covers, tags, showcases, shelving, etc.) are an additional cost and many estate sale companies require a storage unit or warehouse to keep their supplies in when not in use. Some companies have 50 or more tables and this isn’t an “in your home” storage item.
Designing a website and maintaining it and keeping it fresh and up to date is costly. Having an email or newsletter service is another additional expense, but helps bring in those buyers.
Most companies that provide a clean out service will have a separate charge for that.
Understanding why estate sale companies charge the commissions they do is beneficial to a good working relationship and understanding between sellers and estate liquidators.