Can I run my own estate sale to liquidate property?
The short answer is “Of course”. However, there’s a lot to running a successful estate sale and chances are, once you learn all that goes into it, you’ll want to explore hiring a company to run the sale for you. People raised during the Great Depression often became hoarders. This can be an overwhelming task to liquidate but I have professionals who can literally go through every box, bag, trunk to help find important papers like insurance policies, birth certificates and legacy items such as family photos, yearbooks, etc. They understand what is junk/trash, potential valuable antiques, common goods to sell and/or items to donate to charity. They charge by the hour and are extremely efficient and trustworthy.
Know that local estate liquidators are generally booked out two months and will usually only work a sale if the contents are worth more than $10,000. Otherwise, we hire reputable people to sort through and set up a yard/garage/tag sale. Either way, professionals will take anywhere from 30-50% of the proceeds from any sale.