3 Common Estate Sale Challenges to Plan for
As you begin to consider the benefits of an estate sale, you will get more and more excited with each passing hour. At some point, you may decide to plan an event. It is then that the real fun begins.
Unfortunately, estate sale planning is not without challenges. You may run into a few roadblocks along the way, however, all of these can be overcome with the right approach.
Here are three common estate sale challenges to plan for:
1. Lack of an effective liquidation plan. It’s one thing to schedule an estate sale. It is another thing entirely to have a plan in place that will guide you towards success.
With a liquidation plan in place, all of your questions will be answered from the start. From there, all you have to do is carry out your plan and enjoy the end result.
2. You don’t know what to sell, what to keep. At some point, sooner rather than later, you need to differentiate loved items from resalable items. If you don’t do this, you will never find yourself in position to move forward. Instead, you will continue to wonder if you are making the right decisions.
3. What’s it worth? Once you know which items you are selling, another big question comes to the forefront: how should each item be priced? This is a big decision, as you don’t want to give anything away. At the same time, overpriced items have less chance of selling.
If you are concerned about how to price each item, your estate sale company can step in and provide advice.
These challenges are common, but they can be easily overcome with the right approach. If you need assistance, reach out to us at your earliest convenience.
Category: estate sale