💰 8 Estate Sale Mistakes That Could Cost You (AARP Article)

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8 Estate Sale Mistakes That Can Cost You a Fortune.

Fetch top dollar for an estate’s belongings by avoiding these blunders.

By Heidi Mitchell, AARP. Published October 15, 2024.

Andy Harmata grew up attending estate sales with his mom and two sisters, and has fond memories of picking through accumulated goods in other people’s homes. However, when his mother passed away six years ago and it came time to clear out her home, he decided to hire an estate sale company to oversee the process. “But they kind of ripped me off,” the Chicagoland native says. “They sold a bunch of stuff that I had marked not to sell, and they charged 30 to 50 percent on the items sold. I felt pretty grimy about the whole thing.”

Fast-forward to today and Harmata recently got around to holding another estate sale, this time on his own, for items that he didn’t unload at the original sale. He promoted the event on EstateSales.net. His years of attending other estate sales, plus watching countless episodes of Pawn Stars and Barter Kings gave him the confidence and knowledge that he needed when pricing the items for sale. He set aside some family memorabilia, like his mom’s photo albums, to give to his sisters, but tagged nearly everything else. In the estate sale’s first day alone, Harmata made over $1,000 in cash.

https://www.aarp.org/money/budgeting-saving/info-2024/estate-sale-hosting-tips.html