Make sure to read the contract carefully before you sign. You don’t want your stuff sold at an auction if you’re late with a payment due to unforeseen circumstances.
5. Donate or sell the items from your house full of stuff
If you have the time or interest, you can sell your items at a yard sale, put a curb alert on Craigslist, or list your stuff online on Poshmark or LetGo. But with everything on your plate, you may opt to hire a company to do the work for you.
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Kim Pratt, a top-selling real estate agent who works with 67% more single-family homes than the average agent in Arlington, Texas, says she’s had several clients who were executors of estates that ended up with homes packed full of stuff who needed help desperately.
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“We have a preferred list of companies that will come in and do auctions, estate sales, or Facebook Marketplace for them.”
If you’d like to donate items, you can find other charities online that need donations.
Get an appraisal for jewelry, antiques, and collectibles
Before you decide where to sell your items, you need to know their value. If your stuff includes high-end jewelry, collectibles, or antiques, consider calling in an appraiser to see what the items are worth. Know that the value might have gone up or down since you or your loved one made the purchase. You can find jewelry appraisers and antique dealers locally and online. Another option is to have an estate sale or auction company appraise your items.
“A lot of estate sale and auction companies have specialists on staff to take jewelry to, or who can make recommendations for collections,” Pratt explains.
Hire an estate sale company to liquidate your items
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You can hire an estate sale company to sell your stuff all at once. Estate sale companies will send someone out to review the contents and let you know if it makes sense and is worth hosting a sale. If you want to move forward, the company may hold the sale at your house or their own location. High-ticket items are typically sold at auction houses the company owns or uses.
Estate sales vs. online auctions
Pratt says estate sales seem to do better than some of the online auctions, which she also uses depending on the preference of the executor. “I’ve seen some of the online auctions that people have selected sell the items for minimal [pricing],” she says.
However, whether you sell your stuff at an estate sale or through an online auction, know that some companies take as much as 30% to 50% of the proceeds, Pratt explains.
Other clients opt to hire a company to come in and do Facebook Marketplace for them. “It all depends on what the executor decides to do,” she says.
Source: https://t-tees.com
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