Tag Archives: baby boomers

Estate Sales Versus Overstock And Wayfair

Why buy at estate sales? With Overstock and Wayfair and the ability to order on line they offer the convenience of shopping from your couch. However, nothing compares to hands on.

Buying at an estate sale allows you to thoroughly look over the items you wish to purchase. It also allows you to measure for fit or size.

Kitchenware, dishes, glasses, and linens are available at most estate liquidations.

When you buy at an estate sale you take the item home that day in most cases. You also do not have the opportunity to return items, as sales are final. The ability to look over your purchases closely before buying does allow you to avoid regret later.

Garden tools, yard maintenance equipment, even potted plants can be purchased 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.

They Are Lining Up For Estate Sales

People are lining up for estate sales and last Tuesday, Estate Sales News reported on a Collector Hoarder estate sale in Chatsworth, CA.

Well here is the opening day line of people for entrance to the sale on Thursday morning, April 7th.

There are over 40 million people in the United States age 65 or over. The baby boomer generation is retiring and on the move.

They are turning to estate sale companies to help them downsize and be able to enjoy their retirement years.

The company that handled the Chatsworth estate sale has been in business over 20 years with a lot of experience by the owners and their staff.

Baby Boomers Need Estate Sale Companies On ThrowBack Thursday

Slide1A friend posted an article on Facebook that appeared in the Washington Post on March 27th written by Jura Koncius in the Home and Garden section. The article was titled Stuff it: Millennials nix their parents’ treasures. Here is the link to the complete article

Today as ThrowBack Thursday it seemed appropriate to discuss what is taking place with baby boomers downsizing and moving across the country and this article and my friends’ comments about her own family and dilemna along with the 930 comments that were on the internet WAPO.ST  is a testament to what the baby boomer generation faces.

The boomer generation is the largest group of individuals to date. The amount of “stuff” that we have collected is larger than any other generation. Many of us inherited our parents and grandparents possessions and with the monetary success that many baby boomers have enjoyed they used their money to purchase and fill their homes with furniture, art, household items, collectibles and just about anything you could think of.  The job of downsizing has become a burden. Especially when the younger generations have purchased their own belongings, want different styles and are unaware of the value of many of your possessions in your home. The minimalist movement has also had an effect.

With millennials lack of interest in their parents possessions this is the time to find and hire an estate sale company or estate liquidator. They understand the plight of baby boomers and understand the task of preparing and selling their personal property. Estate sale companies are aware of the thousands of estate sales that are required and taking place weekly to assist this on the move generation.

What is important is finding an estate sale company that can accomplish the task in a professional manner with honesty and integrity. Knowing what to ask and expect from an estate liquidator is vital and no one source can guarantee you that the choice you make will be the right one.  Following on Judy Martin’s article about “Why Bother To Research” the same principle applies to making a knowledgeable decision that requires you to do your own due diligence (research) as well as using the resources of others to choose an estate sale company to place your trust and confidence in to sell your personal property.

What’s Driving Thousands Of Buyers To Estate Sales – Resale And Baby Boomers

lining upSpring fever for parts of the country that have endured a hard winter is bringing out buyers to estate sales, but that isn’t the only reason.

1000’s of estate sales are taking place every weekend all over the country. The baby boomer generation is retiring and on the move. You would think with the large volume of personal property for sale this would prevent estate sales from selling to the walls, however, that is not the case.

Estate sales are a good place to buy reasonably priced used furnishings, household, clothing, jewelry, art, and more keeping green and that continues, however, other reasons are now driving estate sale attendance to higher levels than we have seen in the past.

Whether it is to earn extra money, or as a full time entrepreneur working from home people are showing up at estate liquidations to look for items that can be either repurposed and then resold or resold as is on eBay, Craigslist, Facebook, Amazon, NextWorth (electronics), Etsy, Copious and Threadflip (clothing), in consignment shops, and the list continues growing. There are names here you may not be familiar with, but they are on the Internet and online resales are going strong. Online magazines and blogs are out there to provide further information about these websites.

Everything from clothing, jewelry, records, magazines, electronics, linens, home furnishings, cars, lawn furniture and tools is being bought and resold.

Estate sale companies are increasing their marketing reach and that has increased the attendance at their estate sales.

Another week has started and estate liquidators are already at work preparing for sales this weekend. Next weekend celebrates Passover and Easter so the number of estate sales will probably decrease with families spending time together, but there may still be sales in your area so check out estate sale listing websites and when you see a long line think about other businesses that have been created by the estate sales business.

What’s Hot And What’s Not At Estate Sales?

At the Estate Sale Conference in Memphis a few weeks ago there was a lot of discussion amongst estate sale companies about what was and wasn’t selling in their areas.

Mid-Century Modern seems to be the most popular with general antiques being the least desired in the discussions. This is not to say antiques do not have value, they just aren’t what the majority of the public is interested in at this time.

Estate sales like any other businesses experience cycles. Your editor remembers when oak furniture from the 1900-1940’s was hot, mahogany furniture from the same period took over the number one spot from oak and now mid-century modern. At one time Victorian furniture was flying out the door and anything with marble was stickered sold shortly after the door would open. This is generally not the case today in most areas.

As buyers and times change so does what is selling at estate sales. 20 years ago clothing from the 60’s and 70’s was more likely donated than sold, but now vintage is hot.

One of the reasons preferences are changing are the age of the buyers. Baby boomers in most instances are at a stage of life where they have most of the things they want except for collectors. The groups buying at estate sales tend to be 20-40 year olds. Of course every community, county, state, and section of the country is different, but estate sale companies take this into consideration when pricing their sales.