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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.

Who Is Shopping At Estate Sales?

shopping basketIt’s the Monday before the start of the Labor Day weekend and a good moment to talk about those buyers coming to estate sales.

If you have been looking on any social media websites or auction or sale sites there are a variety of shoppers.

The buyer who is looking for a particular item(s) to furnish their home or apartment (funiture, dishes, stemware, flatware, linens., etc.). Collectors are ever present at estate sales. Those that come looking for items for resale, and what a variety of markets there are. eBay, and Auctionzip  ar just a sampling of the multitude of auctions sites for some. New websites like Lofty for items valued at over $500.00 (see their March 14th, 2014 article here on EstateSalesNews.com), Etsy a market place for not only crafters, but for those that sell vintage (Etsy considers anything 20 years or older to be vintage). Others are antique dealers and show dealers that sell in antique malls and participate in a variety of antique shows. There are also those that have second hand shops and consignment shops as well. There are those that shop estate sales for gold or silver to sell for smelting (jewelry, flatware, holloware) etc.

You can look at Pinterest.com to see many individuals who collect and like to share their collections through photos and also those that sell on Etsy.

The extreme growth that the estate sale industry has experienced in the last five years has opened the flood gates to a whole new audience and businesses.

As in any market place prices fluctuate with the economy, style demands, and location of the estate sale, but the following of buyers continues to grow.