Tag Archives: Learn about estate sales

Information On The Estate Sale Business?
During the last three years EstateSalesNews.com has been writing and providing information on the estate sale business. We have report news and information on a wide range of topics for buyers, sellers, and estate sale companies.
We share our news and information on Facebook, Twitter, and Google+. We have created 49 boards on Pinterest up to now to focus on news worthy estate sales, videos, and of course the great things found at estate sales from vintage to antique and new to repurposed.
For buyers we have discussed estate sale etiquette, the different types of entry estate sale companies use (sign up sheets, numbers, a well formed first come line), how to approach a liquidator about a discount, where to find estate sales, forms of payment accepted at sales, what to look for in signage such as all sales final, no exchanges or no refunds. We have discussed what to take with you to sales such as packing material, flashlight, magnifier, and even how to organize your route.
Sellers we have provided a printable step by step sheet for how to find, interview and hire an estate sale company that provides you with a feeling of trust, honesty, and integrity. Here is the link (also at the top of our front page) to answer the questions of sellers looking to hire an estate sale company.

Estate Sale Contracts Are Commitments
Many people moving, downsizing, or selling off a family home, fail to realize that once you have signed an estate sale contract it is binding just like any other contract. You have committed to an estate sale company and they have committed with you. For this reason it is important to you as a seller that you understand the contract and ask any questions. Do not feel hesitant or intimidated to say I don’t understand this clause. The estate liquidator wants a clear understanding between you both and a good working relationship.
Estate sale companies are discovering (especially in packed homes) that sellers are coming in after they begin their setup, and remove items they hadn’t seen in years. This is not the way it works and most estate liquidators have a clause in their estate sale contract that says they may charge you a full commission on any items removed.

Estate Sale Contracts – Important Topics
EstateSalesNews.com has written about estate sale contracts in the past, but there are topics that deserve review.
One of them is the final payout to sellers of the net proceeds. Every estate sale contract should have a paragraph that addresses the specifics of how and when you, as a seller, will receive your net proceeds. It should lay out either the number of days (and this should be business days – excluding weekends and holidays preferably) or weeks, but certainly within 30 days of the conclusion of the sale.
Each estate sale company has a process they go through, however, 30 days should be the maximum and if you have a contract that is not specific, do not sign it. You will not have any guarantee of when or even if you will be paid. Estate sale companies that have good business ethics (99.9%) want you to know when you will be paid. They also want you to know how your will receive your proceeds, either by check, cashiers check, or in cash. When you review the contract with your prospective estate sale company look for the payout clause and ask questions if you have any. Estate sale companies want to have a good working relationship with you as a client. It benefits both of you.

Learn About Estate Sales – Estate Sales News – Printable List
The term estate sales covers a broad description for liquidating personal property today.
Estate liquidations are needed when a family or friend is deceased or downsizing. Baby boomers currently are the largest group (millions) that are now utilizing estate sale companies to help them accomplish this. This has caused a huge growth in the number of estate sale companies across the country.
Helpful tips to understand the estate sale process.
Decide what your goal is. If downsizing what do you want to keep and what is to be sold. Be sure you have this decision before inviting estate sale companies to come to interview and view what they would sell.
Find estate sale companies. Organizations, associations, and estate sale listing websites offer estate sale company names and their current sales. A website that advertises estate sales and estate sale companies is not in the liquidation business and does not have liquidation experience. They are a website source of advertising estate sale companies and estate sales to grow their advertising commerce.