what is an estate sales

Best answer

An Estate Sale,also called a Tag Sale in some parts of the country,isa way of liquidating the belongings of a family or estate. These are usually much more than garage or yard sales. They are used when someone is in need of a way to sell items due to downsizing,moving,divorce,bankruptcy,or death.

People also ask

  • What does it mean to sell an estate?

  • An estate refers to the money and property (including homes, artwork, furnishings and more) that can be attributed to one name. Estate sales, often held on-site, are public sales of the personal property contained within a household. Photo by Matthew Daniels on Unsplash. The Three D: Death, Debt and Divorce

  • What are the different types of items for sale at estate sales?

  • Usually a wide range of items is presented for sale — furniture, clothing, appliances, linens, silver, china and other household items. Some estate sales feature expensive, one-of-a-kind items such as works of art, jewelry and antiques. Some may even have cars and boats.

  • Are estate sales a good way to sell art?

  • But estate sales offer the potential for finding lots of great stuff you can either use in your home or sell for a profit. Whether you檙e fond of oil paintings or art prints, this is one area that offers tons of options at estate sales. With each sale you visit comes a unique selection of art.

  • How much do estate agents get paid for estate sales?

  • These people take a percentage of the total earnings of the estate sale as payment, typically between 25 and 35 percent. The agents put a lot of work into the sale, assessing the value of items, organizing them for display and making sure everything runs smoothly when potential buyers arrive.

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