When the time comes to have an estate sale, we might ask ourselves if a sale is the best way to liquidate our personal assets. There are many situations where an estate sale is appropriate such as homeowners moving, downsizing, divorce, or the death of a loved one. That being said, estate sales aren’t the right choice for everyone, so here are some points you should consider when making this decision.
You’ll get the best bang for your buck
When you trust a professional estate sale company to organize, price, and advertise the estate sale, you’ll end up with the highest possible value for your items. Professional estate sale companies have the resources and assets to determine the best prices for your items. If, on the other hand, you decide to have a garage sale or put your items on consignment, you might not get the best prices. Estate sale shoppers look for bargains but they’re more likely to expect fair, higher prices than those who come to garage sales.
You won’t have to worry about a thing
If you decide to have an estate sale company organize, advertise, and run the sale, then you won’t have to deal with it yourself. Instead of spending your days, evenings, and weekends planning, pricing, and organizing the items for the sale, you’ll be free to do whatever you want.
Number of items
One main reason homeowners decide to forgo having an estate sale is because they think they have too few items or they believe the quality of their items isn’t good. If the number of belongings you have to get rid of is giving you concern, speak with a local estate sale company. You’ll likely find a company in your area that will give you a complimentary evaluation regardless of the item count.
Does it make financial sense?
If you pursue a professional estate sale company, they’ll want to be sure holding your sale is the best choice for them. You should also determine whether or not it makes sense for you on a financial level. Speak to the company you’re considering about whether or not your home qualifies for an estate sale or if there are other liquidation options better suited to your situation. After all, you deserve to get the highest value for your situation.
Estate sales can be tricky if you’re liquidating the assets of a parent or family member that’s out-of-state. Being concerned about scheduling and the logistics of the sale is normal in this situation. Working with out-of-state family members is something that a lot of estate sale companies are used to doing, so be sure to ask around. The company you’re considering should offer to direct traffic during the sale and act as a liaison between all parties throughout the sale and probate process.
If you’re in the Cedar Rapids, Iowa area or you have a loved one near here, be sure to ask White Glove Movers your estate sale questions. We’d love to help make the estate sale process easy for you.