Estate Sales News, or Stuff I’ve Been Doing…

October 11, 2009

Our Last Two Estate Sales Were Awesome…

We sold a 1967 Morgan Plus 4

1967 Morgan Plus 4 Name Emblem

And we Offered up This Incredible Antique French Marble Bust

Large Antique French Marble Bust sold at San Francisco Estate Sale Face detail 2

There is absolutely no other industry that provides a professional with this kind of range. Estate Sales, the setting up and conducting of them, are dense with a multiplicity of “Things” to look at – things that an Estate Sales Professional either already knows the value of, or has to know that they don’t know the value of.

And That’s the Key Folks…

Your Estate Sales Professional has to know when they don’t know, then they have to know how to find out…

Jail cell lock and key sold by Cowans for $264

(Sold by Cowan’s for $240.00)

Ask your estate liquidator, or auction house what their primary research tools are. Expect that they might not want to tell you – sometimes they get a bit cagey about their research resources, because they are afraid that if they tell you exactly which online research resources they use, then you will conduct your own research, and sell the item on your own.

I always let people know what antiques and collectibles platforms I use. Here they are Artfact, Ask Art, Terapeak, Prices4Antiques.Com. But if you want to use these resources yourself, then be prepared to spend a small pile of money, because these are fee based research sites…

Auction Wally can appraise your items online…

Civil War Banner

Here’s a link to his Appraisal Service: Auction Wally Online Appraisals

…Other Estate Sales News …

We did it, irrational or rational as it may be – you be the judge, now you can follow

Fine Estate Sales and Estate Liquidation Inc. on Facebook

Martin Codina

Fine Estate Sales

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Estate Sales Prices

June 24, 2009

Estate Sales Prices: How come Estate Sales Companies charge so much for “Stuff?”

gold-dollar-sign

It’s all about the contrast isn’t it? I mean if you compare the prices charged for estate sales items to the prices you find at Garage Sales then you are going to feel like Estate Liquidation Company’s charge too much money.

But Do They Charge Too Much?

Well sometimes they do, and sometimes they don’t. Before I go into how estate sales company’s price items I want to examine just a bit the differences between most estate sales and your average garage or yard sale.

Estate Sales vs. Garage Sales!

uncle-sam-boxer-postcard

The biggest difference between Garage Sales, and Estate Sales is that Garage Sales sell stuff that is no longer wanted; sells items that have been heaped into boxes or strewn onto tables; items that were stored away in garages as undesirable, and now the owner of these things wants to offload them as soon as possible. They want to “Get rid of it” because these items are no longer useful to them, and it is the hope of the owner that this can best be accomplished by offering them to the public at very low prices. Most of them are trying to declutter or open up space, and give themselves more room.

And this strategy works for them…but

It doesn’t work for an Estate Liquidation Company because they represent the interest of families who until very recently wanted their “Stuff” who valued their “Things.”

How do Estate Sales Company’s Arrive At Those Crazy Prices?

chalkboard-math

It’s simple, they follow the math of their past estate sales pricing strategies.

And then they shift their perspectives all the time to include new sales and pricing information. If a Duncan Phyfe dining table didn’t sell at their last sale for $1,000.00, most professionals are going to lower the amount they attempt to charge for this kind of table the next time they have one for sale.

The Market is King, or Queen if you prefer, and determines Estate Sales prices…

king-and-queen-postcard

If you shop at a lot of estate sales, I advise you try the following: Go back to an estate sale on it’s final day, even almost at the final hour of the sale, and see how much inventory they have left compared to how much they started with. If they have over 30% of what they started the estate sale with, then their prices were too high. But if they have 30% or less of the original contents of the house left, then they have done a great job, both for their clients and their purchasing customers.

Estate Sales and Estate Liquidation Companies Serve Two Masters!

kings

The seller who wants as much as they can reasonably get in the shortest time possible, and the estate sale buying public that wants the best possible deals.

Setting the right estate sales price on everything in an estate is never easy, it isn’t rocket science though.

My name is Martin, and I am an Estate Liquidator and simply stated – “I Love My Job.”

Do Your Own Estate Salelink to do it your self guideSan Francisco
Estate Sales
Link to San Francisco estate sales by Fine Estate Sales
We Sell
Antiques Too!
We sell antiques too Link follow to our on line store
Estate Sale
Company List
Estate Sale Company List Link
Prices4Antiques Discount CodeCorner of twenty dollar bill with link follow to Prices 4 Antiques Discount Code Page

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