Friday, 20 November 2015

How To Conduct Your Own Estate Sales

By Brenda Warner


An estate sale is a way to liquidate the belongings of a deceased person. Other than that, when a home has been foreclosed, it is also possible to set an estate sale. And because the process involves complex steps like cataloging and pricing, there are some people who choose to hire professionals in conducting the process. But, if you really want to conduct the event by yourself, you may consider some factors to maximize profit.

The first thing to consider is to organize the event. Separate the belongings to be sold into different categories. To make the selling and pricing a lot easier, remove the items from their places and sort them by their value and functions. The categories often include artworks, appliances, and clothing. Aside from that, you may also categorize expensive items. Once done, you are now ready to hold estates sales in Concho Valley on your own.

You also have to make good assessments on the condition as well as the quality of the objects while cleaning them and make repairs if needed. Create a catalog of each item including the age, size, functionality, and category. You may also consult antique stores and other property sales to obtain ideas on how to price the items.

Take photos of the items, either in a group or individually., It serves as references for buyers and for advertisement purposes. Make sure to set a date for your event and avoid schedules when others are planning the same events like yours so you would not overlap schedules. Holding the sale early in the morning is better until you have liquidated all the objects.

Advertising is also essential to spread awareness of the public. Thus, start looking for resellers, furniture shops, antique shops, or thrifts shops that might be interested in acquiring your goods. Contact merchants found in San Angelo, TX to gauge interest in buying the stocks if there are leftovers after the activity.

You also need to place your ads for a sale on newspapers or online and distribute information through posters and leaflets. Additionally, you can use printing press t0 feature the story of your properties and the owners. This highlights the owner and the property itself. Actually, some people love to read stories like this making it an advantage on your part.

If you include your contact numbers on the ads, there is also a possibility that you will face lots of questions and inquiries. In this matter, make sure to answer all the concerns of the prospective buyers. If you get plenty of emails, then respond them promptly. Respond courteously, professionally and in a low tone of voice.

During the planning stage, it is important to know how to maximize profits from this event. Of course, one of the reasons you are holding an auction is because you want to earn money from it. Though, this is quite daunting particular for larger properties, but once you have the knowledge on how to run the event, it would be easier for you.

Knowing these factors will help you make this selling event a success. Just consider these factors before you plan the activity. Always remember to separate your emotions when selling the items with a great value.




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