Estate Sales Net Grand Rapids (2024)

FAQs

What do most estate sale companies charge? ›

As a guide. commission fees charged by liquidators are generally between 30% and 50% nationally, with the higher quality service providers being at the top end of that range. Some estate liquidators may charge a lower commission fee in addition to a flat fee for set up and/or cleaning out the home afterwards.

Setting up social media networks on Twitter, Facebook, Instagram, and Snapchat in order to build your online presence is another good way to build a following. Since a lot of the fun of estate sales is getting to window-shop and browse, you can really show off finds using photos and video on social media!

Bring Cash and Negotiate

Additionally, don't hesitate to negotiate prices, especially if you're purchasing multiple items or bundling items together. Approach negotiations respectfully and be prepared to walk away if the seller isn't willing to meet your price.

Hold Your Estate Sale on a Weekend Day.

And never hold an estate sale on Christmas or Thanksgiving, no matter what day of the week they happen to fall on.

Jewelry. Old, vintage and antique jewelry is worth considerably more these days thanks to the rise in metal prices. Plus, you can often find rare, one-of-a-kind jewelry pieces at these sales, which women love to spice up their wardrobe.

It's a commission-based field, so the majority of the money estate sale companies make comes from the sale of the items. Different companies have different pricing structures, but in a recent survey, we found the average commission rate, nationwide, is 35%.

It's much more than a yard sale, as everything is marked with a price tag and is up for grabs. So, what does “estate sale” mean? Quite literally, it means the sale of someone's entire estate.

Go through each room of the home and methodically inventory your items. We recommend including items that you don't plan to sell, as you'll still want to keep a record of what you decided to donate or give away. Be sure to note down the condition of each item, as it will help you determine prices later.

What percentage do most estate agents charge? ›

Traditional estate agents usually charge a percentage - typically between 1% to 3.5% - of the price your property sells for as their commission. But online estate agents tend to offer flat-fee rates instead. And some estate agents say they don't ask for fees but charge separately for the services you want.

Of course, real estate commissions can be negotiated, and nowadays they typically run somewhere closer to 5 percent of a home's sale price. That means the means the more expensive the home, the more money the agents make.

In addition to commission, companies also often charge fees for other services, like advertising, trash hauling, clean up, credit card fees, among others. Around 80% of estate sale companies have additional fees of some sort, so don't be surprised or shocked when you come across them—it's standard.