A Few Things You Need To Know When You Have An Estate To Sell

25 July 2018
 Categories: Finance & Money, Blog

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If you suddenly find yourself with an estate to sell, whether due to a death, divorce, debt, or downsizing, it would be in your best interest to hire estate sale organizers to do the job. While you can simply advertise a sale and sit and collect money, this is not going to earn you the most money for the items. Sure, you will have to pay a commission to the organizers, but you can be sure they will do everything to sell as much as possible at the highest prices possible. They will make you more money on the sale than you could and in a much shorter amount of time. However, there are a few things you need to know before you sign a sales contract.

Things You Want

There are bound to be some items in the estate you want to keep for yourself. In the case of a death, there may be other family members who want things too. Before the organizers come to see what you have to sell, be sure to go through everything and set aside the items not for sale. Once the organizer makes a list, it will be for sale. If you decide you (or someone else) wants to keep it you will need to pay the commission amount for that item to the company. They had the item for sale and expected to receive the commission for it, so it will need to be paid. 

Length of the Sale

Most estate sales take place over a few days to a week. During this time the items are not yours per se. Of course, they are not the organizer's, but you cannot do anything with them either. Once the listed term is over you can do as you want with everything. If there are some items that may require longer to sell, perhaps people will be traveling far to come to see them or there might be a bidding war on them, you can list these items individually with a longer sale term. 

Pricing

The organizers have vast experience selling things. They know how to research everything to determine their worth. You can be sure they are going to set the prices where they need to be so that they will sell, yet not too low. Remember, they are paid on commission. They want to sell everything for as much as possible. Trust them.

Using estate sale organizers will save you from having to move everything around to display it, research for the best prices, and sit around and wait for sales. As an added bonus, you won't have to deal with the people trying to haggle over prices. For more information, contact a company like Remember When Estate Sales, LLC.