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estate_sale [2024/06/23 21:35] – davidhudestate_sale [2024/10/11 20:32] (current) – bogmire
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 ======Estate Sales====== ======Estate Sales======
 +Estate Sales can be a helpful way to find new homes for items that you don't plan to keep. An Estate Sale is different from a traditional yard sale because it involves items that aren't necessarily outdated or unwanted, and also because it involves people coming inside the house where the sale is happening.  
  
-===Steps to a Successful Estate Sale===+It is important to make a plan for how you will manage the sale to ensure the home and the items inside it remain secure. 
  
-**Preparation** +=====Steps for running a successful Estate Sale=====
-  - __Prepare the House__ +
-    * Remove any items from the house that you do not want to sell, or move such items to a secure room/storage area where they will not be seen by visitors +
-  - __Price items for sale__ +
-    * Determine prices for the items you plan to sell in advance +
-       * For Antiques and other valuables, consider hiring an antique appraiser to help evaluate the true value of the item +
-       * [[https://www.valuemystuff.com/us|ValueMyStuff]] will provide virtual appraisals +
-       * [[https://www.worthpoint.com/|WorthPoint]] is a resource to find the value of more unique antique items, but requires you to create an account +
-       * [[https://www.ebay.com/|eBay]] is another valuable resource to check on the market value of items. //Key Tip//: Filter items by SOLD Price for a more accurate idea of the market value +
-    * Create price tags for all items +
-  - __Advertise the Estate Sale__ +
-    * List details of Estate Sale on relevant websites +
-        * [[https://www.estatesales.net/|EstateSales.Net]] is a site with a strong following in the Estate Sale community   +
-    * Include pictures of items on the listing for best response +
  
-**Execution** +=====1. Prepare the House===== 
-  - __Timing__ +  * Remove any items from the house that you do not want to sell, or move such items to a secure room/storage area where they will not be seen by visitors 
-    * Hold the estate sale over the course of 2 days for best results+ 
 +=====2. Price all items===== 
 +  * Determine prices for the items you plan to sell in advance 
 +  * For Antiques and other valuables, consider hiring an antique appraiser to help evaluate the true value of the item 
 +        * [[https://www.valuemystuff.com/us|ValueMyStuff]] will provide virtual appraisals 
 +        * [[https://www.worthpoint.com/|WorthPoint]] is a resource to find the value of more unique antique items, but requires you to create an account 
 +        * [[https://www.ebay.com/|eBay]] is another valuable resource to check on the market value of items. //Key Tip//: Filter items by SOLD Price for a more accurate idea of the market value 
 +  * Create price tags and labels for all items 
 + 
 +=====3. Scheduling===== 
 +  * Hold the estate sale over the course of 2 days for best results
         * Estate Sales are most commonly held on Fridays and Saturdays         * Estate Sales are most commonly held on Fridays and Saturdays
-    * Start Estate  early in the morning (7-8am) +  * Start Estate  early in the morning (7-8am) 
-  - __Organization__ +  * Day 1 tends to attract the more serious buyers who frequent Estate Sales 
-    * Provide a sign-in sheet at the front door for people who arrive early+ 
 +=====4. Advertise the Estate Sale===== 
 +  * List details of Estate Sale on relevant websites 
 +        * [[https://www.estatesales.net/|EstateSales.Net]] is a site with a strong following in the Estate Sale community   
 +  * Include pictures of items on the listing for best response  
 +  * Post Estate Sales signs at major intersections in local neighborhood 
 +        * Sign should include address and start and end time of sale 
 + 
 +=====5. Manage the Crowd===== 
 +  * Provide a sign-in sheet at the front door for people who arrive early
         * On the first day of our estate sale we arrived to the house 30 minutes early and there were already people lined up waiting to enter         * On the first day of our estate sale we arrived to the house 30 minutes early and there were already people lined up waiting to enter
-    * Limit foot traffic to a single entry/exit point +  * Limit foot traffic to a single entry/exit point 
-    * Have family members or friends in each room of the house where items are for sale to monitor visitors +  * Have family members or friends in each room of the house where items are for sale to monitor visitors 
-        * __Theft is very common__ at these events so this is a critical step +        * //Theft is unfortunately very common// at these events so this is a critical step 
-    * Have someone stationed at the exit point to serve as a cashier+=====6. Manage Payments===== 
 +  * Have someone stationed at the exit point to serve as cashier
         * This will allow you to confirm the payment for sold items as people are leaving          * This will allow you to confirm the payment for sold items as people are leaving 
         * Having a single exit point will reduce the potential for theft         * Having a single exit point will reduce the potential for theft
-    * Be prepared with cash to provide change when items are sold +  * Be prepared with cash to provide change when items are sold
  
-  
  
 +~~DISCUSSION~~