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How To Conduct Your Own Estate Sales

By Brenda Warner


An estate sale is an event where the goods and property of a house are being sold to the public, either after the home has been foreclosed or after the death of the homeowner. And since the process of holding a sale involves complicated procedures such as pricing and cataloging, many people prefer to hire professionals to handle the process. But, if you want to hold the sale on your own, here are some factors to consider to successfully hold this event while maximizing profits.

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.

Next is to make assessments on the condition and quality of each object, clean them and make repairs if necessary. Creating a catalog of these objects to be sold may include the size, ages, category, and the functionality. Next is to price the items. You may consult antique stores, catalogs or other sales to gather insights or 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 the sale even is quite helpful. Look for thrift shops, antique stores, furniture stores, resellers, and other places that might be interested in buying the goods. Contact dealers or merchants in San Angelo, TX to engage their interest in purchasing special stocks that might be left over after the event. Also, placing ads locally is helpful to spread the word.

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 things will make your event a success. You only have to consider these factors before planning the activity. Keep in mind that selling may involve emotions especially if that item has a sentimental value to you. This thing is another consideration upon selling the objects.




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