Caring Transitions' March 2017 Newsletter
Estate Sale Advice from the Experts!
As the nation’s largest network of professional estate sale and online auction professionals, Caring Transitions® offers advice to help you optimize the value of your assets.
One of the challenges consumers face when moving to a smaller space is trying to figure what to do with their downsized possessions. Today, there are more options than ever, including charitable donation, live auction, online auction, tag sales, traditional garage sale and Estate Sale.
For people with a large amount of valuable inventory, an Estate Sale can be a very positive experience. Estate Sales are managed by professionals who, for a fee and/or a percent of total sales, manage everything for you, including a home inventory, heavy lifting, pricing, advertising and marketing, set-up, clean-up and donations.
When you are hiring a professional, keep in mind that the lowest fee rarely means the best sale experience. When interviewing an estate sale company be sure to ask about their buyer following, advertising methods, as well as their insurance coverage and employee hiring, training, and screening practices.
Estate Sales tend to have a higher rate of return/profit margin than most garage sales. Estate Sale specialists know the market and will review your property. While there are no guarantees, they can tell you if it is worth holding an estate sale. No matter what you have to sell, it is always worth calling a specialist. Even when the volume of inventory in your home does not warrant a 2 or 3-day sale, a well-rounded specialist such as Caring Transitions® can offer alternate solutions, such as online auction or donation, in place of sale. Be sure to work with companies who will look out for your best interest and help you meet your personal objectives.
Estate sales draw collectors and serious shoppers while Garage Sales tend to draw more “bargain hunters.” We’ve all heard the saying “one man’s trash is another man’s treasure.” And it is true. Therefore, don’t throw things away as you get ready for the estate sale specialist to visit your home. The specialist will sort through all the proposed sale items and will help you decide what should be included in the sale. The specialist will research and establish pricing and create a strategy that optimizes the value of goods while helping you sell through as much inventory as possible.
Estate Sale professionals can increase the number of people who will attend the sale and bid on items. An Estate Sale expert will advertise the sale to their own established audience of regular shoppers in addition to the broader marketing. Caring Transitions® has hundreds of thousands of opted in buyers across the United States. In addition, an experienced professional will place ads in the right media outlets and use professional signing to draw attendees who are ready to buy.
Estate Sale professionals do all the labor so you don’t have to! A specialist will have employees to price, sort and organize your items into categories. They will handle all the heavy moving, lifting and loading and will also make sure all items are cleaned and polished to look their best. Your merchandise is inventoried and protected from theft by trusted employees during the sale.
Display tables, cloths, racks, equipment and signing are provided. A skilled specialist understands the local buyer’s market and knows how to merchandise each and every item in the sale to optimize the return. They have display tables, blanket and quilt, jewelry trees, cases, dish displays and more to help create appeal for the buyer.
Estate Sale pros clean up after sale is complete. Once the sale is over, a specialist will remove the unsold items, arrange for donation and “Broom sweep” the area. If requested in advance, receipts will be reconciled so you receive a full accounting of what was sold and at what price. Some companies perform other services, such as consignment or home staging to put an empty home on the market. Each company is slightly different, but true Estate Sale professionals work to serve you and determine what is necessary to help you move forward.
Contact us today for a free consultation!
By Nan Hayes for Caring Transitions®
©Caring Transitions 2017