Host a Successful Estate Sale Without Stress

Estate sales can be an efficient and convenient way to clear out a large quantity of possession in a relatively short time.

Reasons for estate sales

Estate sales are held for a variety of reasons, including:

u Settling the estate of a deceased individual u Clearing out a home prior to saleu Dividing assets among heirsu Disposing of belongings as part of a downsizing strategy

As downsizing and minimal living become increasingly popular trends, estate sales are happening more often.

The importance of an inventory

One of the first and most important steps in planning an estate sale is conducting an inventory. This provides you with a comprehensive, master list of every item that will be involved in the sale.

Tips for doing an effective inventory:

u Create an online spreadsheet that you can save and share easily.

u Record as many specific details about each item as possible.

u Taking pictures of the items can be helpful.

u Devising a number or coding system can keep things organized.

u Group similar or related things together.

Do your research

As is true anytime you are preparing to sell belongings, investing time to do some research can really pay off. Particularly for rare, unusual or old items, you want to try and find out as much as you can about the item and its history. This may reveal some unexpected surprises—which, with any luck, could have a positive impact on the item’s value.

Doing this research will help you get a better sense of the property’s worth, so you can be sure to price it fairly.

Put important heirlooms in a secure location One of the most upsetting scenarios at estate sales—that unfortunately is all too common—is the accidental sale of a meaningful family heirloom or important memento the owner intended to keep. Far in advance of the sale, it is critical to identify any items you want to keep, and then store them in a safe place (ideally, away from the location of the sale). This helps eliminate any chance that they will be sold, misplaced or even stolen.

Enlist the help of an experienced auction

The best way to ensure maximum success at your estate sale is to enlist the help of a great auction firm that specializes in planning and managing estate auctions. They can take care of every aspect of the event for you, and in many cases can greatly increase your profits.

Learn More about American Auction Co.

With locations in China, the U.K. and the U.S., American Auction Co. offers a unique international focus to its online auctions. To learn more, visit our website or contact us. Or, check our auction

schedule for upcoming auctions.

© 2015 American Auction Co. All Rights Reserved.