June 18, 2018
Most people do not know how to perform a Southfield estate sale because they have never had the need to. A Southfield estate sale is used when there has been a death in a family and they need to sell their belongings to clear out their home. It can be a difficult process, especially during an emotional time.
A Southfield Estate Sale
When people think of a Southfield estate sale they often think of someone selling off a wealthy person’s items and home. However, this is not the case. A Southfield estate sale only needs to have items that are worth a significant amount to be held. The important thing to remember is these items have to have value to more than family members.
Hiring a Professional
Hiring a professional is not necessary if the items are not worth a lot. Any sale that would bring in less than ten thousand dollars should be handled by the family. They can either run the sale themselves or donate a majority of the items.
If the expected take home is more than ten thousand dollars, it is time to call in a professional. To determine values of items use for-sale websites and resources online to price items. Look at big ticket items like paintings or pottery that may be worth a lot.
Most agencies that hold estate sales will take up to fifty percent of the profits. Be sure to check what the agency is expecting before holding the sale. Most prefer to do the work themselves. When families get involved they tend to throw out items that could actually be worth quite a lot. Let the agency determine what is “junk” and what can be sold.
Looking For a Professional
A good estate sale company will take care of the Southfield house in a professional manner. Most sales will take at least a month – if not longer – to be completed. They will never ask for money upfront before the sale has happened. All expenses will initially come out of the company’s pocket and then are paid back to them at the end of the sale out of the proceeds.
There are many parts of the sale the company will take care of. They will sort through the items in the Southfield house and save back anything that holds sentimental value (like photographs). Items that will be sold are then cleaned and a picture is taken of each one. They will then display the items with a price tag for the sale.
Once the sale is complete the company will take the rest of the items and donate them to the family. A check will be written for the amount owed to the family and they will have a completely clean and tidy home which can be sold or kept in the family, depending on their wishes.
Selling Without a Professional
There are a few problems with selling with a professional. The most prevalent being most people do not know the true value of the items in their Southfield estate sales. They may undervalue an item that is actually worth thousands. It will pay to find an appraiser to come to the property and look at items for their true value.
No one is going to come to a Southfield estate sale if they do not know it is happening. This is why It is so important to advertise the sale in many locations. Use social media, flyers, and even the paper to advertise the sale. The more people who know about the sale, the better.
A lot of time goes into a Southfield estate sale. There are many days spent preparing for the sale. This includes sorting, pricing, and cleaning items.
Give the sale at least two days for many people to come through and view the items. After the sale, there will be a lot of clean up and time spent donating items.
Ask some friends or other family members to help during the sale. It is all hands on deck while people are coming and going.
The last thing to consider is that people will be buying items that a loved one once owned. This can be an emotional process and hard for some to handle while trying to sell their property.
A Southfield estate sale is a good way to clear out a property. Using a company to complete the sale makes the process much easier and the family does not have to put in as much time or effort into prepping the home. Once the sale is over, they have an empty and clean home to handle instead of a cluttered house to sort.
And if you have a Southfield house that you have inherited and want to sell, we can buy it. Our team specializes in making cash offers so you can sell your house fast. To learn more about how we can help, contact us today.