Estate Sales, what do they provide?
Estates Sales, do you understand them?
I recently had a client call me to help them sell their parents home for them, in Sun City West since they live in New York they will need many things done that they cannot do.
Their parents have been moved into a assisted care facility. They have come out and taken all the items out of the Sun City West house that they want and want me to either sell the home with everything or discard it.
The first thing I did was contact the HOA to see if we can have an Estate sale. They allowed them.
What does an Estate Sales company do?
I found three different estates sales companies and asking them what the do for their clients.
Catalog items
Sort into like items
Price each item
I then found one company that did an additional service of:
Place drop cloths over all carpet
Clean and wipe all items
Have one cashier
Have two security people
Advertise in local paper
Advertise online
Call local antique dealers
Clean house when finished
Donate all items left
Give donation paperwork to Seller
What does an Estate Sale company charge?
There is a price range of between 25 - 30% of the total sales. Some companies charge a flat fee.
In your search, for an estate sale company, I would also ask for referrals. Call different agents that have used them.
I also went to see the set up before the sale opened in Sun City West. You can see also go to the sale to see how many people show up in the beginning. If there is a large line, they have a good following.
Do your due diligence for your clients and let them choose the company that they prefer. This will make their life easier and hopefully their pockets a little fuller!
Comments(4)