There comes a time in almost everyone’s life when they find themselves downsizing their life, moving households, or selling their home (or the home of a loved one). Estate sales are a great option for getting rid of your unneeded property or the property of a deceased family member.
High carefulness is crucial to efficiently do the job, otherwise, some estate sale mistakes may occur. If you are doing an estate sale for the first time, you may have many questions and not know where to begin. There are many resources with tips for success, but there is also a lot of potential for mistakes along the way. If you are looking to hold an estate sale for your Milwaukee property, here are some common estate sale mistakes and how to avoid them.
When you are preparing for the estate sale, you must know the price of each individual item. It is also possible that the ticketed price won’t be what the item actually ends up being sold for. To determine prices, you can look online for similar item sales. Comparing online with local items should ensure appropriate pricing. For major items, you can have your property professionally appraised by estate sale appraisers. This provides less room for bargaining and sets a firmer price for big-ticket items.
Ineffective Marketing Technique
One of the most important aspects of the sale is to get the word out to potential buyers. If you do not tell anyone about the event, no one will know that the estate sale is going on. A good way to get the word out is to post in online estate sale listing services and to use social media groups to your advantage. If you work with an estate sale company, they can also notify their followers and community of the upcoming event. If you are not too tech-savvy, the local newspaper is another great way to notify others about the sale.
Not Being Available
When you are doing an estate sale, you will have to be available for many hours of the day. Flexibility is crucial because buyers may try to contact you to find out more information about your property. It is best to be as available as you can during this time, and allow potential buyers the ability to see the items and visit your sites. If you are someone who has very little flexibility in their schedule, an estate sale agent can help you avoid estate sale mistakes.
The staging of your home can make or break the success of your estate sale. To maintain an appropriate setting and to get a fair price on your items, you should focus on how your home is prepared. It is crucial that you pay attention to how and where items are placed and that everything on your property looks presentable. Being prepared ensures that everything will be appealing to potential buyers. Staging the home properly and being aware of the layout is also important in preventing theft. You likely have some valuably appraised property, and protecting these items should be a priority.
Handling the Sale on Your Own
If you are experienced in estate sales, handling everything on your own may not be an issue. If you are a new seller, you won’t have as much knowledge of the processes. Without the correct knowledge needed to sort and organize inventory, price items, advertise items, stage the home, and sell your items, you simply won’t have the success that you desire. To overcome these issues, hire a professional estate company to assist you along the way. Allowing the help will decrease your workload and help you get a decent price for your property.
Contact Heritage Estate Settlement to Avoid Estate Sale Mistakes
If you’re looking for some guidance for your Milwaukee-area estate sale and to avoid estate sale mistakes, contact us today for your initial consultation. We are a family owned business and take great pride in the support we can provide to others. When working with us, you will always receive honest and efficient interactions. We look forward to hearing from you and guiding you through the process.