As you prepare your home for listing, it’s crucial to dispel some common misconceptions about estate sales, especially since they can significantly impact your strategy. This insightful guidance is provided in partnership with Poof! Estate Services, experts in estate sales. Let’s address these myths with practical advice:
Estate Sales in Winter: Many believe that estate sales aren’t successful in winter, but this is a myth. Winter estate sales can be incredibly profitable due to less competition and a consistent shopper base. So, don’t hesitate to plan an estate sale during the colder months.
Scope of Estate Sales: It’s a common misconception that estate sales are primarily for selling furniture. In reality, you can sell a wide range of items, from linens to luxury goods. Interestingly, sales with only furniture are often less favored, as furniture alone can be challenging to sell. Remember, your home could be a treasure trove of saleable items.
Donating Before an Estate Sale: While it might seem logical to donate items before an estate sale, this isn’t always the best approach. Donating too soon might mean letting go of valuable items unknowingly, reducing the appeal of your sale, and creating additional work for yourself. It’s wise to let the estate sale experts evaluate your items first.
Selling High-Value Items: There’s a belief that auctions are the best route for high-value items. However, estate sale companies are adept at handling items of all values. They set competitive prices, whereas auctions may start bids as low as $1. Selling through an estate sale can be more cost-effective and accessible for selling high-value items.
These insights should guide you in making informed decisions as you prepare your home for the market. Remember, every item in your home has potential value in an estate sale, and timing and strategy are key to maximizing your returns.