Preparing for an Estate Sale: Common Mistakes to Avoid

These tidbits will assist you in making a better sell. We’ve been refining our recipe for success since 1991, and we’ve discovered that avoiding these common blunders significantly improves the success of your sale.

Getting rid of items

The most important tip to remember while having estate sales is to never throw anything away. This does not imply that everything has worth or that certain items are not garbage, but it does imply that many clients are unaware of the distinction. We frequently see clients who “saved the good stuff and threw away the rubbish,” only to discover that the items they kept aren’t as marketable as the junk they gave or trashed. Remember, you hired a professional firm for their knowledge and expertise, so take use of it by allowing them to dispose of your waste.

Before the estate sale, have a garage sale.

Before the estate sale, never hold a garage sale. Many buyers will remember the address, which will decrease attendance at your estate sale because they will believe they have already seen everything you are selling the first time. Many localities also demand a year’s worth of permits for sales held at the same location.

announcing the sale to the neighbours

Although it may seem strange, informing neighbours about the sale isn’t always a smart idea. Often, news will get around and your neighbours may hold a garage sale next door or down the street. This may cause consumers to become confused, and they may stop at the garage sale believing it is an estate sale, only to leave and miss your sale.

Leaving it until the last minute to make a purchase

We are frequently booked one to two months ahead of time. If you wait until your house sells or phone around at the last minute, you may find yourself without nobody to assist you with the sale. Instead of being able to profit from your products, you might have to donate them. Alternatively, your transaction could be hosted by an unqualified and unprofessional organisation.

Everything is being moved to a storage facility.

Many people are in a hurry to sell their home and relocate their belongings to a storage container. You can’t hold a sale out of a storage container, unfortunately. You’re therefore stuck paying a monthly storage cost and having nowhere to sell your belongings. The only other alternative is to hire a retail storefront and pay to have the things moved there to be sold, but this can be an expensive proposition.

Filling boxes with everything you’re selling

It’s remarkable how many homes we visit where the owners have packed everything they’re selling into boxes and placed it in the garage. This adds time and cost to your sale (both of which you will incur) and, in some situations, prevents your sale from taking place. If you’re selling something, keep it where it is because it’s easier for both you and us.

Giving items free before a sale

It’s easy to allow family members, friends, and neighbours come collect stuff for free after someone dies or you move; unfortunately, those same individuals will usually remove the most sellable goods out of your home, leaving you with a house full of difficult-to-sell objects. It’s not uncommon for 80 percent of the value of a home item to be contained in only 20% of the pieces.

Choosing the cheapest firm

Not every estate auctions firm is the same. Hiring a firm that is less expensive but skimps on advertising or does a poor job setting up a sale could result in an estate sale costing significantly less than hiring a company that does a better job and sells more items for a higher price. Always double-check with a company to make sure you’re getting precisely what you paid for, and go to one of their sales to see how competent they are at what they do.

Not doing any research on estate sale companies

Anyone can build up a cheap website and pretend to have 20 years of expertise with estate sales in this day and age, and you’ll never know until it’s too late. You should ask a corporation how long they’ve been in business and for proof before hiring them. Friends’ recommendations are also a fantastic approach to identify a reputable firm. Never rely on a company’s references since they will only give you excellent references, not the ones where they had problems. If we are unable to assist you, we will gladly refer you to a reputable company.

Ignorance of professional guidance

You made the proper decision by choosing a professional firm to handle the sale for you; now it’s time to listen to what they have to say. We have the advantage of having completed over 1,000 sales in the last 24 years, as well as all of the experience that comes with it. The way we do things has grown over the years, from our successes and failures, into a really well-organized system that works almost every time. Ideas that sound excellent to you have almost certainly been attempted before, and there’s a reason we stick to our proven system.

Excessive involvement

Once again, our firm knows what it’s doing, and we often handle sales for out-of-state heirs. Without the aid of the family, we are able to hold successful sales every week. If you try to assist or oversee, you will eventually get in the way, slowing us down and obstructing rather than assisting your sale. You can only help us by removing anything you want to keep from the house before we start setting up, and if you have time, you can clean whatever you think needs to be cleaned (this should also be done before we start setting up). We need you to move back after we start setting up your sale and let us perform what you hired us to accomplish.

Not selling stuff and leaving them in the house

To stage the sale, we’ll need every square inch of your home. Every thing that is not for sale but is left in the house takes up room that could be used for items that are for sale. Customers are continually thinking about items they can’t buy, which diverts their attention away from what is for sale. Taking it home also avoids the possibility of an item being lost or broken during the sale.

After you’ve hired a firm, you can sell your belongings.

This is a common blunder that individuals make. We know there is enough items to create a successful sale when we agree to handle your sale. If you sell things after we agree to do your sale and there isn’t enough left for us to hold it, we’ll have no choice but to cancel it, leaving you with a partially packed house and no way to sell them.