Hosting an estate sale can be overwhelming because the process involves selling most or all a person or couple's belongings. From making sure every item is reasonably priced to actually organizing and hosting a multi-day sale, the entire process can be tricky and time-consuming. Unfortunately, there are several common mistakes that are made when hosting an estate sale that can result in wasted time and lost money.
If you are planning an estate sale, here are a few common mistakes to avoid.
Organizing and Hosting the Estate Sale on Your Own
Hosting an estate sale involves sorting, appraising, pricing, and organizing every plate and piece of furniture, as well as other items in a person's household. This is a massive undertaking, and there are companies that specialize in taking on the task of organizing and hosting the sale for you. An estate sale service like Antique Trader will help you make sure your belongings are priced to sell and organize everything to make it look attractive to buyers.
Ask a friend or family member for a recommendation, or check the internet for great reviews. Understand what services you want before hiring an estate planning service. For example, if you have several family heirlooms or expensive furniture, hire a company that provides appraisal services.
Scheduling Too Little Time to Organize the Estate Sale
No matter what the household's size or the number of items you are pricing and selling, plan to spend at least a few weeks organizing your entire estate sale. Your estate sale planning service can help you create a realistic timeline that works around your schedule.
For example, you can spend two or three weekends organizing and cataloguing all your belongings, another weekend having the items appraised, and a few additional weeks and weekends pricing and organizing the items for sale.
Paying too Little Attention to Advertising
Finally, you cannot hold a successful estate sale if no one knows you are hosting one. Start advertising your estate sale at least one or two weeks before your sale. Create signs that include the address and times of your sale and place them in high traffic areas around town. Include an ad in your local newspaper and on social media. The more ways you can get the word out, the more people you will attract to your sale.
Giving yourself plenty of time to organizing the sale, working with a professional estate sale service, and making sure to advertise your sale will help ensure your estate sale is a success.Share
23 April 2019
When I was growing up, I remember my mother always scolding my dad for his shopping habits. I had no idea how much he had collected over the years until he recently passed away and I went into the attic of their home to clean it out. It was filled with so much stuff I just didn't know what to do with. I almost threw a lot of it out until my brother arrived and told me some things may be valuable. We ended up taking some antique furniture, a coin collection, and a few other items to be appraised and were very glad we didn't throw them out -- they were very valuable! I thought I would start a blog to share my experience and what I learned during the process of having many items appraised. I plan to post many tips, so come back soon!