Tuesday, 1 December 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.

One thing to consider is to properly organize an activity like this. Separate the things by category. To make the process easy and simple, remove the items and sort them based on their functions and value. Most of these categories usually include appliances, artworks, and even clothing. Furthermore, you can also categorize costly objects. Once done, you are now well prepared to hold estates sales in Concho Valley.

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.

The next thing to consider is to take pictures of your items, individually or in a group. This will serve as a reference for merchants and for advertisement reasons. Just be sure to set a schedule of the event and avoid dates when others are planning the same event. It is better to hold the even early in the morning and until all items have been liquidated.

Advertising your sale events is also helpful to spread awareness to the public. Look for furniture stores, dealers, and antique stores that might be interested in acquiring the goods. Also, you may contact the merchants or dealers in San Angelo TX as they might be interested in acquiring the goods from you.

Use advertisements online and newspapers or distribute ads in your community using leaflets or posters. Aside from that, you may also use the local paper organization for a feature of your story. This emphasizes the owners and the history of the property. Basically, small towns are interested to read stories like this.

If you place your contact information in the ads, then most probably a lot of people will ask you questions and call you. If this is the case, it is important to answer all their inquiries. If you got plenty of emails, then respond them properly. Try to respond in a friendly matter, courteously, and professionally.

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 also help you obtain success. You only need to consider these things during the planning process. Always remember that selling involved serious emotions particularly if the objects are valuable to you. But keep in mind that you are doing this for a purpose.




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