After losing a loved one, the last thing you probably want to do is go through his or her belongings. What do you do with the things you and your family don’t want? This process can be overwhelming. In 2014, LA Times stated the average person owns about 300,000 different items. If your loved one was a collector or liked to hang on to items, you may have more things to sort.
Hiring an estate sales company will lessen your stress since they handle all the work for you. All you need to do is remove the items you and your family want to keep. The company will do the rest including sorting, setting up the sale, dealing with remaining items, and donations for remaining items.
Don’t get rid of anything before the estate company has a chance to see it. There may be some valuable items that you may think are not worth much. An estate sales professional can help you make the most in an estate sale because they know the market and what sells.
To begin the sale, you will meet with the estate sales company for a consultation to review your items. The company will then take over with sorting, displaying, staging, and pricing items. Trunk Full of Treasures posted pictures to show what it looks before, during, and after a sale.
The company will use advertising to drive traffic to your sale through email, social media, newspaper, and more. They have regular customers who attend these sales.
All of this preparation takes around one to two weeks. The estate sale usually lasts three days and will be held over a weekend.
During your sale, the estate sale staff will be on hand to assist shoppers, answer questions, facilitate transactions, and provide security. They may auction off larger items onsite. Most estate sales companies can process credit card payments to increase sales. You can attend the sale, but most estate sales companies recommend you not go because of emotions. Your attendance could discourage shoppers.
After the sale, the company will tally the items sold in a written statement. You will receive your check for the proceeds of the sale about 2-3 days after it’s over.
For the remaining items, the company can send these to auctions or help you donate to a local charity.
Fees vary for services and by the company. Some companies will charge for the initial evaluation while others do not charge. The average commission runs about 35-40 percent of the sale proceeds. If your loved one’s home needs a lot of cleaning and work, the prices may be higher. Be sure get a list of all the fees upfront to avoid any surprises.
Get recommendations from your family attorney and friends. Online reviews can also provide valuable insight.
The Orange County Better Business Bureau website has a search function find BBB-accredited businesses. To help you choose a company, find a business that has either the American Society of Appraisers or International Society of Appraisers Certification.
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