If a loved one has passed or you need to sell the contents of a home quickly, an estate sale can be a great way to downsize and liquidate. However, you may already be under a lot of stress and may benefit from having someone else organize the sale for you. What are some good reasons let a professional oversee your sale?
Let Someone Else Take Care of the Marketing
A well-regarded estate sale company will know how to market your event to get the highest turnout. While you may be able to post some links to social media accounts, a professional knows how to use the Internet and other media to get the word out to the entire community.
Let Someone Else Appraise Your Items
You may not know what estate is worth. A professional will know how to appraise a gold watch or that silver necklace that has been in the family for years. This lets you get a fair value for everything that you sell while also selling in a timely manner.
Don’t Worry About Negotiating With Buyers
Not everyone is good at or comfortable with negotiating. If you are grieving the loss of a loved one or going through a divorce, you may feel tempted to undercharge or overcharge based on your desire to get rid of anything attached to a former loved one. A professional will stick to a fair price based on nothing other than current market value.
You Don’t Need to Attend the Event
While you are certainly allowed to be at the event, your attendance will not be mandatory. There will be representatives handling all of the transactions and recording everything that was sold and for how much.
Someone Else Can Handle the Paperwork
With a professional estate company, you have resources that you may not otherwise have when it comes to paperwork and accounting. You can let someone else calculate how much was earned and how much you may owe for tax purposes. Although you may need to go to a tax adviser on your own, you get the benefit of good record keeping when determining any tax liability.
If you need to clear out quickly, you shouldn’t feel like you need to do so alone. Over the course of several days, an estate company can help you sell as much of your stuff as possible at a fair price. This may make it possible to make money while finding useful items a good home where they will be used and appreciated.
Prestige Estate Services
2201 Kipling Street, Suite 101
Lakewood, CO 80215