Are you an executor, administrator or trustee and looking for help with a probate house or house in a trust? Having successfully guided over 500 estate representatives, my team and I have the right experience, skills and resources to help you put all the pieces together. Feel comfortable reaching out to me - just call 619-741-0111 or email me at KimWard@ProbateAndTrustHelp.com - To see what others, like you, have shared about their experience working with us, visit: probateandtrusthelp.com/client-testimonials/
Very helpful video! Thank you for sharing this information. I'm curious if the family would get an itemized list of what is sold after the estate sale is ended? And you mentioned that after the estate sale is over a buyout company will come in and buy all remaining items and remove them from the property for one set price. Does the family get the money from the buyout sale as well? And if not are you allowed to handle the remaining items yourself after the estate sale is officially ended?
Hi Natalie, Good questions! The answer is “depends”. You’d want to refer to the actual estate sale company and what was agreed upon in the contract. Chances are that the estate sale company may have a list of items sold. Regarding a buyout company, keep in mind that the items left after a sale were the less salable items. So, the buyout may not offer anything for the remaining items or very little. I would imagine that if you wanted to handle the remaining items yourself, you would be able to do that, but, again, be sure to have that information in the contract. And, also think about the amount of work it will be to remove any unsold items after an estate sale.
I would love to know how all the estate sales have changed during covid. Last year I couldn't find anyone who was doing them and this year, either they closed or they are overwhelmed, I've even looked into going to the next state, still nothing. I do live in a pretty rural part of Texas and I live in the house with my disabled daughter. As of right now, the only option I have is box everything and put in storage. Please help me! This house is over 4k sqft and my mother was an antique dealer/collector. Single mom, no family.
Yes, last year the estate sales companies in San Diego were also not holding live estate sales. But, they were holding online auctions. A few weeks ago Infinity Estate Sales held a combination sale. Meaning some items were online for bidding and some items were for sale at the one day estate sale. Your other option is perhaps hiring a company to buyout everything in the home so that you don’t have to pay storage fees. Do you have a local real estate agent that might be able to guide you to an estate sale company?
Our estate sale company wants us to vacate the property of our deceased Mother and have sole access to the house for 3 weeks prior to log organize and price tag all items in a 2500 sq ft house. The contract states they get a minimum of 1000.00 or 30% whichever is higher. After the sale all leftover items are agreed upon to be removed to be donated. We signed the contract 6 weeks prior. They said they will be here to start logging in 10 days but if items are sold privately moving forward according to the contract between now and the sale they are entitled their 30% commission. Does this all sound ok? Thank you.
Excellent questions RC Ross. Three weeks prior to the sale does seem like a long time. My experience with estate sale companies has been a week to 10 days (depending on the size of the personal property) for setup prior to the estate sale. The estate sale company does not want anyone having access to the property during that time for the exact reason they are stating in their contract about any private sales and the 30% commission due. The minimum charge of $1,000 or 30% of the sales is within the norm. And your last question about the company being entitled to 30% of any items that are sold prior to the estate sale is fair. Remember that the estate sale company looked at the items available and based on the idea of having the opportunity to sell all those items (after locating, organizing, cleaning them), they chose to help you with the personal property and drafted a contract. Hope this helps, and thank you for liking, watching, and commenting!
The estate sale idiots I had over the house didn't even look in the cabinets where the depression glass was or the closet full of fine art my brother collected. Not 1 piece of art was bought for under 100. Most 300+. My brother left the price tags on them. Island Girls a hubby & wife in their 90's didn't think there was enough high value stuff. They just walked around & passed gas. Ugh.
So sorry that you had such a rough experience with the estate sale company. That’s the exact reason I vet the vendors that I introduce to my personal representatives.
Hi Caren, I found my buy out company through an estate sale company. So that’s my best recommendation for you, contact some estate sale companies in your area. If you happen to be in San Diego, I have a great guy.
Hi Latasha, your first step would be to contact an estate sale company. If you are considering a sale without an estate sale company, you may not have the best result. Especially between Covid and Michigan weather, you could have a less then great experience. If you choose to contact an estate sale company, they can let you know if it would be a viable option to actually have a sale during the winter and Covid. Some estate sales companies have good luck with auctioning items via the internet. Wishing you luck, and a happy new year!
Hi Sanchez060188, are you looking for help selling the house or for finding an estate sale company... or both? Could you please email me at kimward@horizonrealestate.net and provide a bit more information about what I can help you with? looking forward to speaking with you.
I'm glad you liked the video, thank you for watching. If you would like some guidance on buying a house you can email me at KimWard@ProbateAndTrustHelp.com, I would love to help you.
Hi Ray, What do you need help with? is it an estate, probate, or trust question that you have? If you would prefer to ask me directly my email is kimward@probateandtrusthelp.com, I look forward to seeing if I can help you.
This is true for some estates, but not all. The important thing is to find an honest reputable estate sales company who will tell you when an estate sale is not worth it (i.e. there is not enough inventory or money to be profitable for either party). Hope this helps, have a great day!
Are you an executor, administrator or trustee and looking for help with a probate house or house in a trust? Having successfully guided over 500 estate representatives, my team and I have the right experience, skills and resources to help you put all the pieces together. Feel comfortable reaching out to me - just call 619-741-0111 or email me at KimWard@ProbateAndTrustHelp.com - To see what others, like you, have shared about their experience working with us, visit: probateandtrusthelp.com/client-testimonials/
splendid upload Horizon Real Estate & Probate and Trust Help. I crushed the thumbs up on your video. Keep on up the amazing work.
Thank you @Keyser The Red Beard! I'm glad you found it useful.
Thank you sooo much!!
This video was great
You're so very welcome Sarah Shanaa, I'm glad you found it helpful!
I learned so much about estate sales from this video. Thank you!
Thanks for watching...glad you learned about estate sales!
So informative! Thanks, Kim!
Thanks for watching!
Great ideas, thank you for sharing!
Thank you Ashlie!
Very helpful video! Thank you for sharing this information. I'm curious if the family would get an itemized list of what is sold after the estate sale is ended? And you mentioned that after the estate sale is over a buyout company will come in and buy all remaining items and remove them from the property for one set price. Does the family get the money from the buyout sale as well? And if not are you allowed to handle the remaining items yourself after the estate sale is officially ended?
Hi Natalie, Good questions! The answer is “depends”. You’d want to refer to the actual estate sale company and what was agreed upon in the contract. Chances are that the estate sale company may have a list of items sold.
Regarding a buyout company, keep in mind that the items left after a sale were the less salable items. So, the buyout may not offer anything for the remaining items or very little. I would imagine that if you wanted to handle the remaining items yourself, you would be able to do that, but, again, be sure to have that information in the contract. And, also think about the amount of work it will be to remove any unsold items after an estate sale.
Thanks for all that great info on San Diego estate sales and what to expect
Thanks Cyndee!
Hi cyndee do you have estate for sale
I would love to know how all the estate sales have changed during covid. Last year I couldn't find anyone who was doing them and this year, either they closed or they are overwhelmed, I've even looked into going to the next state, still nothing. I do live in a pretty rural part of Texas and I live in the house with my disabled daughter. As of right now, the only option I have is box everything and put in storage. Please help me! This house is over 4k sqft and my mother was an antique dealer/collector. Single mom, no family.
Yes, last year the estate sales companies in San Diego were also not holding live estate sales. But, they were holding online auctions. A few weeks ago Infinity Estate Sales held a combination sale. Meaning some items were online for bidding and some items were for sale at the one day estate sale. Your other option is perhaps hiring a company to buyout everything in the home so that you don’t have to pay storage fees. Do you have a local real estate agent that might be able to guide you to an estate sale company?
Our estate sale company wants us to vacate the property of our deceased Mother and have sole access to the house for 3 weeks prior to log organize and price tag all items in a 2500 sq ft house. The contract states they get a minimum of 1000.00 or 30% whichever is higher. After the sale all leftover items are agreed upon to be removed to be donated. We signed the contract 6 weeks prior. They said they will be here to start logging in 10 days but if items are sold privately moving forward according to the contract between now and the sale they are entitled their 30% commission. Does this all sound ok? Thank you.
Excellent questions RC Ross. Three weeks prior to the sale does seem like a long time. My experience with estate sale companies has been a week to 10 days (depending on the size of the personal property) for setup prior to the estate sale. The estate sale company does not want anyone having access to the property during that time for the exact reason they are stating in their contract about any private sales and the 30% commission due. The minimum charge of $1,000 or 30% of the sales is within the norm. And your last question about the company being entitled to 30% of any items that are sold prior to the estate sale is fair. Remember that the estate sale company looked at the items available and based on the idea of having the opportunity to sell all those items (after locating, organizing, cleaning them), they chose to help you with the personal property and drafted a contract. Hope this helps, and thank you for liking, watching, and commenting!
Very good explanation, thanks for sharing.
Thank you for watching!
Loved it
I'm so glad you enjoyed it, and thank you for watching!
The estate sale idiots I had over the house didn't even look in the cabinets where the depression glass was or the closet full of fine art my brother collected. Not 1 piece of art was bought for under 100. Most 300+. My brother left the price tags on them. Island Girls a hubby & wife in their 90's didn't think there was enough high value stuff. They just walked around & passed gas. Ugh.
So sorry that you had such a rough experience with the estate sale company. That’s the exact reason I vet the vendors that I introduce to my personal representatives.
@@ProbateandTrustHelp Unfortunately, they were the owners
👎
How do you find a Buy out company
Hi Caren, I found my buy out company through an estate sale company. So that’s my best recommendation for you, contact some estate sale companies in your area. If you happen to be in San Diego, I have a great guy.
Good morning, Im thinking about having an estate sale. I live in Michigan, I know its going to snow here soon😒 what do I do
Hi Latasha, your first step would be to contact an estate sale company. If you are considering a sale without an estate sale company, you may not have the best result. Especially between Covid and Michigan weather, you could have a less then great experience. If you choose to contact an estate sale company, they can let you know if it would be a viable option to actually have a sale during the winter and Covid. Some estate sales companies have good luck with auctioning items via the internet. Wishing you luck, and a happy new year!
Estate on Kenai peninsula in Alaska. Any tips for online sales?
Hi Sanchez060188, are you looking for help selling the house or for finding an estate sale company... or both? Could you please email me at kimward@horizonrealestate.net and provide a bit more information about what I can help you with? looking forward to speaking with you.
Thanks for sharing, Kim
Thank you Barbara!
Great advise about not throwing anything away! It's amazing what people will buy, lol.
Thank you Jessica, so true!
Chris watched this one too. The estate sale people in a current transaction we are handling are out of line. Just venting. Nice video Kim.
Great tips on Estate Sale!
Thank you Joan!
Nice info I want to buy a house
I'm glad you liked the video, thank you for watching. If you would like some guidance on buying a house you can email me at KimWard@ProbateAndTrustHelp.com, I would love to help you.
I need help
Hi Ray, What do you need help with? is it an estate, probate, or trust question that you have? If you would prefer to ask me directly my email is kimward@probateandtrusthelp.com, I look forward to seeing if I can help you.
I have had nothing but emotional pain from these places.
It can be hard to let go of a loved ones belongings. Take care Kaylynn, and thank you for watching and commenting.
Great information! Dealing with an estate can be so stressful for the family. It's nice to have the steps mapped out.
So True, Im glad that I can be of help!
Estate sale is not worth it .
This is true for some estates, but not all. The important thing is to find an honest reputable estate sales company who will tell you when an estate sale is not worth it (i.e. there is not enough inventory or money to be profitable for either party). Hope this helps, have a great day!
Wonderful info! Thank you for sharing!
Thank you Yoana!