How do you price items for an estate sale?

How do you price items for an estate sale?

How to Price Household Items. The art of estate sale pricing is based on “fair current market value.” This is less than what you would pay for the same item at an antique store and way less than you would pay for the same item new in a store or online. Put yourself in the estate sale shopper’s shoes.

What is the best month to have an estate sale?

Winter may just be THE BEST time to hold an estate sale. During spring and summer there hundreds of Garage Sales or Yard Sales to compete with in the winter. There are also fewer estate sales companies doing sales, which leaves us (and you) on a pinnacle.

Do you negotiate at estate sales?

Negotiating at estate sales does happen and can help you get more knocked off the price, but there are a few things to consider first. The goal of an estate sale organizer is to get their client as much value as possible for their belongings.

What is the best way to sell estate items?

10 Tips for Liquidating an Estate

1. Appraise Valuables. …
2. Hold an Estate Sale. …
3. Auction Off Items. …
4. Sell Pieces at a Consignment Store. …
5. Use Online Resale Platforms. …
6. Hold a Garage Sale. …
7. Donate What You Can’t Sell. …
8. After the Goods Are Gone, Sell the Property.

What should you not sell at a garage sale?

What NOT to Sell at a Garage Sale

• Quality jewelry, silverware, antiques, collectibles or paintings. …
• Better quality clothes. …
• Similarly with big furniture items (beds, sofas, etc) and anything over $50. …
• Don’t sell underwear at a yard sale. …
• Don’t sell illegal goods, unsafe or recalled goods.

How do you price used items?

50-30-10 RULE: Near-to-new items should be sold for 50 percent of their retail price; slightly used items at 25-30 percent of retail; and well-worn items at 10 percent of retail.

How do you run a successful estate sale?

Estate Sale Success

1. Do Advance Research on Items. …
2. Clearly Mark Prices. …
3. Make Sure the Entire House is Properly Staffed. …
4. Set Up a Table for Purchases. …
5. Get a Cash Box and Make Sure You Have Change. …
6. Clearly Mark Parking Areas. …
7. Be Prepared for Large Crowds Early. …
8. Provide Beverages for Sale.

What is an estate sale VS garage sale?

Simply-put; the big difference is that garage sales are for old and unwanted household items that the residence no longer have any use for—estate sales are more formal and are meant to get rid of a late family member’s entire estate. They are both for anyone finding a good deal on some interesting items.

How do you market an estate sale?

Advertise your estate sale and include pictures of your best items. Advertising is key to getting buyers to your estate sale. There’s always a chance that a handful of people will walk or drive by, but the serious buyers scour for the best sales by looking online, on social media, on Craigslist, and in newspapers.

What is typically sold at an estate sale?

Estate sales are often overflowing with furniture, home furnishings, and assorted household items. Buyers may also discover artwork and fine jewelry. Antique dealers and private collectors flock to estate sales in search of antiques and collectibles from varied eras.

What does an estate sale Me?

An estate sale is a sale in which all the items inside someone’s house are available for purchase. They might take place over the course of a few days or just be one day and done. And you might be able to see a few photos of the inside before you attend—at most.

How do you get rid of stuff after an estate sale?

3 things to do with Unwanted items after an Estate Sale

1. Store them or leave them in the home. Estate sales occur in order to liquidate unwanted property. …
2. Donate the items. For many, they don’t need all the money from the estate sale, but mostly don’t want to see the property go to waste. …
3. Hire a cleanout specialist.

How do I advertise an estate sale for free?

Use programs like OfferUp and LetGo to sell your individual items. Electronic apps can be great ways to advertise for free. There are programs specifically for buying and selling items, like LetGo and OfferUp. Download these apps, create a post for an item, and connect with local buyers.

How do you liquidate household items?

Here are 12 ways to liquidate the stuff you no longer need:

1. Give some things to your children and grandchildren (ask them for a list)
2. Donate to charity.
3. Have an estate sale.
4. Call appraisers for specific items (old toys, silver, art)
5. Send items to auction and see what they bring.

What sells best at a garage sale?

Here are 15 popular items worth big money at garage sales.

• Old games. Old games are great items to flip for cash. …
• Picture frames. Picture frames are a common item sold at garage sales. …
• Furniture. Furniture is popular with the DIY crowd. …
• Vintage dishes. …
• Costume jewelry. …
• Fishing rods. …
• Artwork. …
• Camping gear.

What is the best day for a garage sale?

The most popular days for garage sales are Friday, Saturday and Sunday. Fridays and Sundays may bring in a decent number of buyers, but Saturdays are the best day to host a garage sale because they will attract both casual customers and serious shoppers.

How do you show clothes for a garage sale?

The best way to display clothing is on hangers on a portable clothes rack. That keeps garments off the ground and makes them easy to sort through. If you don’t have a clothing rack, look for a makeshift alternative, such as an old ladder or a sturdy clothesline strung between two trees.