Toss It Tuesday – Downsizing with Estate Sales – Part One

estate sale shopping cart signDid you know that most estate sales occur when the homeowner is downsizing?

In this two-part series, you will learn the important things to know when considering using an estate company to conduct your downsizing sale.

What do these companies do for me? Estate sale companies evaluate and set up your items to sell, price them accordingly, monitor the sales and the flow of traffic, and provide security and extra personnel to deter theft during the sale. They will arrange for appropriate permits and advertise your sale in advance, to ensure a high flow of traffic.

What goes and what stays? Estate sale companies will ask you to leave everything you want sold in the estate sale exactly where it is, allowing you to focus on packing and removing just the items you want and need – no sorting, organizing or arranging items you no longer want. For instance, simply leave that 45-piece china set in the cabinet and the estate sale company will clean it and ensure it’s attractively displayed. Lastly, estate sale companies also recommend that you do not discard any items – allow them to be the judge of what should be thrown away, taking the guesswork out of the equation for you.

How are my belongings priced? Estate sale companies are experienced in pricing items based on current market value. Although to you, your great grandmother’s old and tarnished teapot may appear worthless, an expert might recognize its real market value. These companies’ personnel are often trained in antiques and appraisals – their expertise in pricing your belongings at appropriate market value will help you maximize the results of your sale or auction.

Why not just have a garage sale? You can request the estate sale company set a “reserve” on any item. If it does not sell for the minimum amount you set, you can keep it instead of selling it for less.

Next Toss It Tuesday – Downsizing with Estate Sales – Part Two

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DAYNA WILSON: As a Certified Senior Housing Professional (CSHP) , I have special knowledge about everything from reverse mortgages to the importance of universal design. I can tap into my network and put you in touch with my team of qualified home inspectors, movers, attorneys, CPAs, organizers and other experts. I have all the resources and knowledge to simplify the transaction and eliminate the anxiety of selling your home.

Call me today to talk about your real estate concerns. I’m here to listen: 925.788.6582

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