10 Ways To Get The Most Out Of Estate Sales

Have you sold your house or is your close family member no longer alive? Well, we have to do something about the items left behind. There is no point in keeping them for eternity. You can organize an estate sale to get rid of all the items at once and make some money too. They’re a great opportunity to turn these items into cash and can be incredibly lucrative if done properly. Continue reading to find out in what ways you can maximize the chances of getting the most out of estate sales San Diego.

Start Planning

The first step before making any estate sale happen, plan. Without any proper planning, you will find it difficult to get through this or will get confused in the end or get jumbled in all the chaos. Create a list of items that you don’t want to keep anymore, it could be furniture, clothes, appliances, electronics, and more. Once you have decided what to sell, sort items into categories. This is extremely important if you have a lot of items. Planning for San Diego estate sales becomes much easier when True Legacy homes are on your side.

Compare Prices

You have done your first part, now it is time to get closer to our end goal which is getting cash for these items. Let’s check out online marketplaces for what people are charging for their items; compare those listings and come up with something in between or reasonable. It doesn’t mean you are selling it for very cheap; no not at all. If you analyze the current rates for similar items you will come to the conclusion that it is still possible to turn this in your favor. Even if one item isn’t selling for the right price you can gain those missing profits from some more valuable and useful item.

Set The Right Pricing

Comparing the prices at first will ensure that the items are priced right and give you an idea of how much money can be made through the estate sale. Buyers tend to look for bargains, you would do the same if you were in their shoes. Prices shouldn’t be too low or too high, set them at a point where everyone is happy and that includes you. Otherwise, you kill your chances of reaping the rewards from the estate sales in San Diego.

Get Professional Appraisals For The Most Valuable Items

Though you do not want to go for too much expenditure, still we suggest getting a professional for items of more value. These items aren’t typically sold easily and require a proper appraisal to determine their actual value. You might have something unique and valuable and you don’t even know it. All of this effort will pay off in the end as you get proper, accurate pricing for high-valued items.

Checkup Everything Thoroughly To Know If Anything Needs A Repair Or Cleaning

You’d be surprised how an item can look pristine and perfect, just by going an extra mile for maintenance. Check if it needs repairs or waxing. We aren’t talking about extensive repairs here as it will take time and money, but simple repair work can make the item look more attractive and draw more customers. Buyers always look for items in their best condition, and if you have done the homework already, there is more value generated with the item. As buyers spot this stuff quickly and won’t hesitate to pay a bit more for it. TLC never hurts, it only enhances the beauty.

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Stage Your House For Maximum Visibility

If the estate sale is taking place in the house itself then staging becomes crucial. You don’t want your potential buyers to get distracted with clutter or mess all over. Neatly arrange furniture and items to create a cohesive look. Potential buyers want to feel like they’re in a shopping environment rather than rummaging through your house. If you have designer furniture or items, give them more space and attention; group all the similar-looking objects together to highlight their potential value. There is just too much you can do here. It all depends on your creativity, vision, and most importantly time.

Advertise And Promote

We can’t just stress this enough, promoting and advertising play a big role in how fast you want the sale to happen. Someone who is aggressively sharing his products will most likely start receiving offers more than one who doesn’t put much effort here. It separates you from others and gives you more exposure to your estate sale. You can use online marketplaces, social media, newspapers, and word of mouth to reach out to potential buyers. Try every single method one by one and you will get noticed soon. In addition, include high-quality and well-captured pictures in your listing as this attracts more buyers.

Choose The Right Day For An Estate Sale

To get the most people to attend your estate sale, host it on the weekend. Choose a day when people are free to come and shop and the weather is pleasant. If it’s raining or snowing, buyers won’t come, so make sure you check the forecasts before deciding on a date. Avoid the holiday weekend, don’t even bother hosting the sale during those days. People are busy, and it’s quite difficult to draw a crowd on such days. Christmas, Thanksgiving, Easter, and New Year’s are some of the examples here.

Organize the Sale Smoothly and Professionally

The big day is here and you have to be prepared for it. This is a real opportunity to make some money out of the sale, so all your efforts and hard work should be visible here. Pay attention to small details as well, manage the sale, keep track of the items being sold, and operate with professionalism. Value your customers as they are the ones who will be paying you.

The Selling Area Should Be Well Set Up

The way you present your estate items to the buyers matters the most. Set up tables and racks, if necessary, to properly display everything on sale. Label each item with a price tag and they are visible from a distance, keep the flow going and avoid any layout causing confusion or traffic jams. The whole point is to make sure everything looks polished and attractive while keeping it comfortable for the buyers and yourself. Everything should be laid out in a concise manner; if your current home is accommodating the sale there must be some items that are not for sale, mark them so buyers know it before getting their hands on them.

Working alone for a big event like this is not feasible and can be tiring, so make sure you have enough people around to help out. Ask your friends or family to assist you in the sale process; they can take care of the buyers, items, and money while you focus on managing. To be successful in your estate sales San Diego CA you have to be prepared for every aspect of it. Make sure you plan and execute everything properly. Good luck.