how do estate sales work

Best answer

Estate sales usually work either on a first-come,first-serve basisor the number system. First come,first serve,means just that. If arriving to an estate sale before it starts,it customary to form a line,just as one would for concert tickets or Black Friday deals.

People also ask

  • What happens during an estate sale?

  • During an estate sale, the house or condo is opened up to the public, who can then purchase items from the sale. It most common for estate sales to take place over a weekend, possibly two if it a large sale.

  • How does an estate sale organizer work?

  • First, the estate sale organizer separates items into categories and appraises them based on their market value. Then, a few days before the sale, the organizer places price tags on each item. On the estate sale day, the organizer takes a final walk through the home before opening the doors to buyers.

  • What is estate sale pricing?

  • Estate sale pricing is conducted by the estate sale organizer, who prices most items based on their market value. This is how each item price tag is established. However, organizers can also do on-the-spot pricing for certain items. After the first day, organizers typically discount items to encourage buyers to snap up the bargains.

  • What are estate sales and garage sales?

  • For the shopper, they’re often a great place to find bargains, antiques, and unusual items. Estate sales are also known as tag sales in some places. They’re different from garage sales, though, because they’re usually run by a professional company, and the goal is to sell all the items remaining in the home.

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