Search Results for: estate sale contracts

Estate Sale Photos – What’s Good And What Is Not!

digital cameraAs estate sales are now reaching a fever pitch for the spring and there are thousands of sales to look at, photographs become even more important.

With the major estate sale listing websites showcasing sales and delivering emails to your inbox with links to sales and photos, photography becomes very important to grab attention.

Digger sales (where there is just an over abundance of items and not enough display area) showing some of the massive amount that you might be digging through to find that treasure or item you desire can be of interest, it is also important to show in more formally staged photos some items of value and interest that have already been discovered by the liquidator. The use of back drops (black, white, or gray cloths depending on the item’s color) good lighting without glare, and close ups are crucial to encouraging people to come to the sale and be willing to search through boxes, bags, etc. It is also important that if you are attending a digger sale bring a flash light, magnifying glass, rubber or latex gloves, and be prepared for dust and even a little “dirtiness”. In other words, wear clothing that you won’t mind soiling.

When hiring an estate sale company ask to see photographs of some of their previous sales. Most companies now bring along a tablet or iPad so it shouldn’t be a problem to view. You may want to look through the various photos of several estate sale companies as a seller to see which ones promoted their estate sales well and which didn’t and as a buyer, to decide if it is really worth your time.

Using video for a sale is also a good way to attract potential sellers and buyers, but again look at the quality. Learning to take video takes a little time (we experienced that too).

Whatever is the case, be sure you take the time to look at the photos put up by estate liquidators. A photo can be worth a thousand words.

What’s Selling At Estate Sales? Accordian, Vintage Coke Machine, Rings

Here’s a look at what’s selling this Mother’s Day weekend.

Panorama City, CA May 9

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Brighton, MI May 8

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Orland Park, IL May 7

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To find estate sales check out these websites. Please tell the estate sale companies you visit you reading EstateSalesNews.com Passionate about estate sales.

Estatesale.com

EstateSales.Net

EstateSales.org

The “Cost” Of Conducting A House Or Estate Sale, By Judy Martin, ISA, CAPP

Judith Martin, ISA CAPPJudith Martin, ISA, CAPP.

Lately, I have been thinking about the “COST” of conducting a house sale. What does it take financially to conduct a sale in someone’s home.

Starting with payroll, in order to have a staff that can work fast and hard both in the set up and the selling of items the conductor needs to pay them a reasonable wage. If you begin at minimum wage – $10.00 per hour and the employee works for 2 days setting up at 6 hours per day as well as two days of the sale at 8 hour minimum, that makes each employee’s wage $200 for the sale. This of course is a sale that is easy to set and sell. If the sale is a large one then you have to figure the payroll just goes up and up. But for this example I am going to use a simple sale – 3 employees (not including the principles of the company) x $200 for the sales is $600 payroll.

Next you will need supplies – a set of 5 non carbon sales books cost $14 approx. You might need 10 total for sale. Plus you need pricing stickers – a pkg of white removable stickers cost $7. each. So for this purpose, a trip to the office supply store will cost you $80.

Then you have to consider the town you are working in – is there a permit needed. Did you cover in the contract that the client pays the permit? If not, that cost can be $60 per sale in a town that requires a permit, such as Oak Park, IL. There goes some more money out of your pocket.

If this is a new business for you, you will need table, cloths, display items, string tags, secured diplay boxes (so your shoppers cannot help themselves) – all costing you more and more money.

And what about after the sale – what does it cost you to get all the items out of the house? How many hours of labor does it take to wrap and take the items that are saleable. How much does it cost to have the refuse taken away? How much does it cost to have a person stay and sweep up after everything is removed? And who is removing the items? A moving company or you in your own vehicle. This all costs money!

Oh, and of course you have to consider the cost of advertising. If you belong to a website, there is a monthly fee for that. If you have a special sale then that cost just went up from maybe $100 a month to an additional $200 just for this one sale – all costs against your profit.

All of these fees and costs do not inlcude: databases you subscribe to, books you buy for research, t-shirts or uniforms you might use, phone service, credit card fees, bank fees, gas, tolls, and all sorts of items you have to take into account when figuring out what commission to charge so that you actually might make some money to put in your own pocket.

The estate sales business is not for the faint of heart. It is also not a charity, it is a business – you are intending to make a profit. When you consider what to charge as your fee, you must consider all of these things and more.

Where To Find Estate Sales?

Estate Sales News is “the” online source for estate sales information (contracts, staging, choosing an estate sale company, how to interview, what to expect, pay out, clean out, and more) news, help, tips and where to find estate sale companies and estate sale listings.

Click on the links below to find 1000’s of estate sales.

Estatesale.com

EstateSales.Net

EstateSales.org

ThrowBack Thursday On Estate Sales News – Vintage Permanent Wave Machine

How many remember seeing a woman relative connected to one of these? Getting a permanent wave!

Vintage Permanent Wave Machine

What’s Selling At Estate Sales This Week? Juke Box, Primitives, Sterling, Asian Desk

Estate sales are everywhere again this weekend and there is still time to shop for Mothers Day. Here is a sample of what’s for sale. Please click on the name for links to these sales. Estate Sales News is passionate about estate sales. Please let these estate sale company owners know you saw them featured on EstateSalesNews.com.

Lafayette, LA, April 30

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West Grove, PA starting April 30

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Orlando, FL. May 1

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Rowlett, TX, April 29

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Newton Highlands, MA, May 1

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Lockport, NY, May 1

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Federal Law Updates, Information and Links On The Sale Of Ivory

elephant ivoryIvory is still a hot button topic, however, we have a a link that brings a wealth of information to those trying to grasp what is happening with the sale of ivory. This link is to a federal site. Click Here. It is important to note that checking on your state law is also important. The law as pertains to antique dealers states African elephant ivory that a seller can demonstrate that was lawfully imported prior to January 18, 1990- the date that the African elephant was listed in CITES Appendix I and ivory imported under a CITES pre-Convention certificate can be sold within the United States (across state lines and within a state). Asian elephant ivory sold in interstate commerce within the United States must meet the strict criteria of the ESA antiques exception. This information can be found at the U.S. Fish and Wildlife Service International Affairs.

Every state has different laws. Gov. Chris Christie of New Jersey signed a law into effect August, 2014 banning the sale and importation of ivory for his state.

The LA Times on January 13, 2015 published an article written by Julie Cart about the dramatic increase in the sale of illegal ivory in California (this is mostly new ivory harvested illegally, not antique). Click here for a link to this article.

Estate Sales And Mother’s Day – Buying For Moms- Carousel Horse to Viking Stove

Mother’s Day is two weeks away. Let’s discuss buying for Mom for her special day.

There are so many estate sales next weekend, if you don’t want to give a traditional gift (flowers that last maybe a week and then go out with the trash) or taking her out to dinner, think about buying a gift for her at an estate sale. For many taking Mom out to dinner isn’t anything special. Unlike decades ago when the majority of middle class Mom’s prepared food and only ate out on special occasions, today many eat out at least once a week.  This is where buying at an estate sale can speak volumes and shows her how truly important she is to you. Taking the time to look on estate sale listing websites, choosing liquidations to attend, and then buying a special gift (collectible, antique, rare, or unique) let’s Mom know you went the extra mile to make her day special.

Here is a peek of some items at the thousands of estate sales opening this week across the country. Click on the link to view details about the sale.

Huntington Station, New York May 2

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Reseda, CA, May 2

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Salem, OR, May 2

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Franklin Lakes, NJ, May 1

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What’s Selling This Week At Estate Sales?

Many estate sales are starting today or tomorrow. Here’s a peek at some and include click throught links for you to look at the entire sale. If you are considering an estate sale, this is an excellent opportunity to visit a sale and see how the estate sale company works.

Tomorrow in Burton, OH Fine America Antiques

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Packed Home in Inverness, IL. Starts April 24

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Chino, CA Sale Starts Today

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Southfield, MI Sale Starts Tomorrow Mid Century Art

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What To Expect Before The Estate Sale Begins

EstateSales_lgWhen you choose your estate sale company along with a complete and thorough review of the estate sale contract, ask to see proof of liability insurance and do not be surprised when the estate liquidator asks to see a copy of a homeowner policy. In todays’ world it is important that both the liquidator and the property be covered by insured.

If the estate sale company belongs to any associations ask to see some type of ID (appraisers, education, etc.)

More and more liquidators are bringing professionally prepared brochures, but they should contain pertinent information about the company, name, address, phone number, email address, how long they have been in business, (license number if required by state or municipality) educational information (if any i.e. appraisal or fine art courses, estate liquidation courses), where they list their sales and advertise, and a list of their services showing fees or commission charges. It should also include if they have insurance or are bonded.

Following all this information, the estate liquidator should take photographs (if possible) to start the listing of the sale.

Access to the property should be arranged for pricing and staging and the dates and times of the sale.

If either party has any concerns about the sale this is the time to express these concerns. If the home is overflowing (commonly referred to by many as a hoarder) and you have an issue with this term discuss it with the estate liquidator. Television shows have promoted the use of this term and many times this can help encourage buyers to attend the sale. The term is not intended to be disrespectful.

As a seller when the estate sale company is ready to leave the property you should have trust and confidence and if not this is the time to settle any further concerns. You have hired a professional to sell the personal property and they need to do their job. Keep in mind most estate liquidators conduct sale after sale and they want your estate sale to succeed too so eliminating concerns and reducing your stress is good for you, the seller and the estate sale company.

Please subscribe to our magazine, it’s free, new articles are delivered directly to your in box and you can opt out at any time (no obligation) and the tab is in the upper left part of the website. We hope you will tell any estate sale companies you interview or work with you read and use EstateSalesNews.com as your resource for estate sales information and news.