3 Options For Selling An Estate's Personal Property

26 March 2020
 Categories: Finance & Money, Blog

If you have recently inherited a friend or family member's home with their personal property inside, you need to figure out what to do about it. This is where an estate liquidation service can come in and help take care of it for you. Here are three different options for handling all of that personal property. 

Estate Sale

The most traditional option would be to hold an estate sale at the home itself. The estate liquidation company will handle the entire sale for you, which includes pricing items, organizing, and handling all the sales transactions. This can be a good way to get the most amount of money for the items that you are trying to sell, but it requires that you have the time to allow a company to come in and set everything up for the sale. It takes time to price items, advertise the sale, and then host it on a weekend. 

An estate sale also gives you some control over how much items are sold for since you can attend the estate sale and even haggle with people who think items are priced too high. 


If the person's estate has a lot of valuable items, it may be worth holding an estate auction to sell things to the highest bidder. This process can be more time-consuming than having a normal estate sale, but it will make those high-value items highly visible. Estate auctions can be done at the home itself, at a location run by the estate liquidation company, or even online. An online auction will increase visibility to those who do not live in the area, which would increase how much money items sell for.


There is also an option for the estate liquidation company to buy all of the personal property. This will not get you the highest value for all of the items in the home, but it is a quick and easy way to get the job done. 

Many people agree to a buyout when they are limited to how long they will have the home and need to get everything out. This is common when the house is sold and the new owners are waiting to move in. It's also common when the estate doesn't have much personal property to make an estate sale practical. 

Work with an estate liquidation company like Remember When Estate Sales, LLC to learn what method will be best for handling the sale of the estate's personal property.