FAQs
Weekends and mornings are usually the most popular times for estate sale shoppers. There is more competition with other estate and garage sales in the spring and summer seasons. If the items lend to the character of the house, it may be beneficial to hold the estate sale while you're trying to sell the home.
What percentage do most estate sale companies take? ›
What Percentage Do Estate Sales Take? Estate sale companies generally charge a standard commission rate between 30 to 40 percent of sales. Before they agree to take on a client, they'll typically provide a gross sales minimum. This means that the total value of all the items to be sold must meet or exceed that value.
How do you become successful at an estate sale? ›
- Take Inventory of the Items You Want To Sell. ...
- Price Items Strategically. ...
- Get Professional Appraisals for Items of Value. ...
- Decide If Anything Is Worth a Quick Clean or Fix. ...
- Consider Temporary Storage. ...
- Hold Your Estate Sale on a Weekend Day. ...
- Advertise Your Estate Sale and Include Pictures of Your Best Items.
Advertise your estate sale on one of the major estate sale advertising websites, like EstateSales.org to get seen by millions of visitors in a short time. EstateSales.org offers unlimited, big-sized photos because it's a fact more people attend an estate sales when they have seen photos of items beforehand.
Do you negotiate at estate sales? ›
Haggle, but don't be a jerk about it
It's their job to do the research and set the price of the items they're selling. Plus, they're in this to make money for their client too. So, yes, you can absolutely bargain with the seller.
What is the best month for an estate sale? ›
Winter Is Better for Sellers; Summer is for Buyers
Spring and summer are packed with garage and estate sales. Fortune favors the brave; if you have a sale during the winter you will surely see more people come through the sale. More people means more potential buyers.
What are the disadvantages of estate sales? ›
Lack of Industry Standardization
| Con | Explanation |
|---|
| Emotional challenge | Emotional difficulty for family members parting with sentimental items. |
| Time-demanding | Requires a significant amount of preparation and management. |
| Lower selling prices | Potential for items to sell below their value. |
1 more rowThere are a lot of variables in play. But one of an estate sale company's main goals is to make as much money as possible—for their clients, and for themselves. It's a commission-based field, so the majority of the money estate sale companies make comes from the sale of the items.
What percentage do most estate agents charge? ›
Key takeaways
- Estate agent fees typically range from 1% to 3.5% of your home's sale price, but you can find estate agents who offer flat-fees.
- Only the seller pays the agent's fee - usually after your home has sold.
- You can work with the estate agent to decide on marketing and other services to include in the cost.
Most estate sales take place over only a couple of days, usually on the weekend. Since this typically only happens once, scarcity drives the buyers' urgency. Cristy insists on getting a head start by showing up early. “Grab your coffee to go and be one of the first people in line!
Because estate sales often feature a large volume of sale items, it's critical to stay organized. Go through each room of the home and methodically inventory your items. We recommend including items that you don't plan to sell, as you'll still want to keep a record of what you decided to donate or give away.
What's the best way to advertise an estate sale? ›
List your estate sale on Craigslist or social media sites. Take photos of more valuable items and put them online with your posting to attract more potential buyers. Put up signs around the neighborhood with directions on how to get there. Post plentiful signs around the neighborhood with the date and directions.
How to display things for an estate sale? ›
Make sure you have enough display tables, even if it means borrowing, renting or buying. When displaying the items, think about their placement, especially valuable items such as jewelry, or smaller items of value. Consider placing these items close to the checkout area or in a display case/cabinet that can be locked.
What is the best day to post a real estate listing? ›
To sell for the most money, you should put your home on the market on a Wednesday. To sell the fastest, list on a Thursday. Avoid Sunday, which is the worst day to list.
Where is the best place to post a yard sale online? ›
Sites like YardSaleSearch.com, Gsalr.com and GarageSaleFinder.com—and their mobile apps—enable garage sale enthusiasts to browse sale listings and even map out a route of their favorites. You may also want to do a quick Facebook search to see if you have any active garage sale groups in your area.
What is the best day of the week to close a sale? ›
Fridays are good for closing deals
A significant number of deals are signed on wednesdays; however, this may be because that's the day of the week when sales reps are most active with their sales calls, mailings and meetings. No wonder more deals are closed when you really put in the extra effort!
At what month is most properties sold? ›
Nationally, the best time to sell a house is March if you're trying to sell quickly, while the best time to maximize profit is July. Zillow recommends listing your home for sale in March, but no later than Labor Day, based on historical market trends.
What is the best day of the week to list real estate? ›
Thursday is generally thought to be the best day of the week to list a house for sale. Studies show that homes listed on Thursdays are more likely to sell faster, and for a higher price. Talk to your agent about whether listing your property on a Thursday should be part of your home-sale strategy.
