Average Estate Sale Proceeds - Estate Pros

An estate sale is an open-to-the-public sale of someone’s personal possessions. It is kind of like a garage sale but inside the home and on a much bigger scale. Proceeds may vary, but trusted experts can help you on your way.

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Estate sales usually include a much larger quantity of items and may feature high-ticket items, whereas garage or yard sales are typically used for selling a handful of second-hand, lower-value items. Each sale is unique based on the seller and the items involved. It can be tough to predict exactly how much revenue particular estate auctions will generate, but there are tools and techniques used to predict average estate sale proceeds from the sale.

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How Do Estate Sales Work?

Estate sales are typically conducted after the death of a loved one in order to liquidate their personal assets. People also use estate sales to declutter or downsize before a move, make extra money, help elderly parents relocate to assisted living, etc. Estate sales are becoming more popular as more people alter their housing patterns (relocating, downsizing) or deal with the loss of loved ones.

Garage sales and estate sales may have their similarities but estate sales are far more involved — from managing inventory and pricing to advertising and day-of-sale operations. Each sale differs depending on the reason for the sale, the estate sale location, items being offered, and the shoppers they may attract.

Most sellers find the process very overwhelming. It’s why it is helpful to consider hiring a professional estate sale company like the Estate Pros.

Estate Sale Companies

What is an estate sale company? Professional estate sale companies are sometimes referred to as estate liquidation companies, tag sale companies, or even auction companies. The purpose of an estate sale company is to take on all of the responsibility in organizing, pricing, advertising and conducting the estate sale event in order to ensure the total liquidation of your items.

A professional estate sale company like the Estate Pros will find a large volume of buyers for most of the possessions from a home or a business, whether it be for a single or multi-day event. Homeowners typically hire estate sale companies when they want to quickly remove the contents of an estate, possibly due to the death of a loved one, a divorce, or simply to downsize and expedite a quick relocation.

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Estate Sale Services

Organizing and hosting an estate sale can be a lengthy process. It begins by determining which belongings are keepsakes and which need to sell, pricing these items, staging a house or other auction location, advertising the sale, day of operations, and all follow-up tasks. There could also be more steps, depending on the seller and their items. Professional estate sale companies manage much of this process for their clients, alleviating their stress and required effort.

Free Consultation

An estate sale professional typically begins the process through a complimentary estate sale consultation. They meet with the homeowner in order to discuss their services and assess the items being considered for an estate sale. After determining the inventory for the estate sale and estimating the gross profits, the estate sale planner will have a discussion with the homeowner to determine if the potential estate sale has the appropriate inventory and value to proceed. If the homeowner approves, an agreement or contract is executed between the parties and the process moves forward.

Advertising

Once the estate sale company and the homeowner have agreed to move forward together, the estate sale is scheduled and advertising begins. Advertising usually occurs for several weeks in advance of the estate sale.

Estate sale advertisements take many forms, but estate sale professionals typically use the following methods:

  • Email to market to their current shopper database
  • Post your estate sale listing to all major estate sale industry websites, including EstateSales.net, EstateSale.com, etc.
  • Create posts for social media platforms and community apps like Facebook, Instagram, Craigslist, NextDoor, etc.
  • Advertise in local publications and at local businesses

Staging and Pricing

The next step in the estate sale process is staging and pricing. Your estate sale professional will determine if there are any unsaleable or marginal items and either dispose of them or donate them to charity. The remaining estate sale items of value are organized, tagged, priced, and staged throughout the approved areas of your location. Price tags are large and easily visible and the items are staged in a way that allows optimal accessibility for all guests in attendance.

Selling

Estate sales are typically held over the course of a few days, usually on weekends. Factoring in buyer interest and inventory size, estate sales are generally between one and four days. The house is opened to the public on the days of the sale, while the estate sale professionals and their staff are present to assist shoppers and process all transactions.

Post-Sale Clean-Up and Average Estate Sale Proceeds

After the estate sale is closed, the homeowner usually decides what to keep, dispose of, or donate to charity. Usually, the estate sale company will coordinate this process. From here, the estate sale company or a hired cleaning service will clean the home and make sure it’s ready for transition to the new owner. The agreed-upon estate sale service fee or commission percentage in the estate sale contract will be deducted from the proceeds to pay the estate sale company. The remaining funds are given to the homeowner.

By hiring an estate sale professional like the Estate Pros, you will be able to maximize your profits while minimizing your involvement. When dealing with a death, divorce, or downsizing these services may be absolutely priceless.

How Much Does The Average Estate Sale Make?

Profit is definitely one of the primary interests for most homeowners. A lifetime was spent amassing your items. Perhaps you paid a lot for some items and you wonder how much they will sell for at an estate sale? Conducting an estate sale is hard work for everyone involved, if not physically, then certainly emotionally. And yes, you definitely want to have an estimate of what you will ultimately get out of it besides a professionally emptied home.

According to a recent survey of the industry, the average estate sale can bring in over $18,000 gross in proceeds. This is just an average number, though. Many estate sales bring in more revenue, while others may bring in much less. Unfortunately, we can’t guarantee how much you’ll make at your estate sale. We don’t know what you’re selling, your location, how many shoppers will attend or even the weather. There are a lot of variables that can affect an estate sale.

It’s also important to realize that what you bought an item for is not what it will sell for. And while there are certain things that appreciate in value over time, most will not. Your estate sale items must be priced fairly. You want to make money, of course, but you also want to sell everything. If items are priced too high, they won’t sell, and then you are back to square one. It’s a delicate balance and a professional estate sale company like the Estate Pros knows how to walk that line to get you the most proceeds from your sale. Learn more about how much estate sales charge.

So, how much will you make in proceeds? Unfortunately, we can’t say. Find an estate sale company you can trust like, the Estate Pros, who will keep your best interests in mind. If you enter the process with reasonable expectations, your estate sale will most likely be a success!

 

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Go with the Estate Pros!!!

The Estate Pros are consistently ranked among the top estate sale companies in America as recognized by EstateSales.net, EstateSale.com and others. We specialize in assisting families and individuals who are in need of residential liquidation, donation, clean out and personal property appraisal services.

The Estate Pros are an estate sale industry authority with hundreds of years of combined experience amongst our ownership and staff. Our owners, sales teams, and support staff are held to the highest standards of professionalism and experiential service, treating each of our clients and shoppers with the utmost care, compassion and respect.

The Estate Pros pay close attention to detail as we handle the estate sale process from start to finish. Our experts will work with you from the initial free consultation to the complete execution of your event and everything in between.

You don’t need to lift a finger while we take care of everything for you!

Thinking about hiring an Estate Sale Company? Contact the Estate Pros!!!

Thinking about hiring an Estate Sale Company?

Contact the Estate Pros!!!

Call 248-266-9817Free Consultation

The Estate Pros are the most professional estate sale company in the area serving homes like yours all across southeast Michigan. We are consistently ranked amongst the top estate sale companies in America, recognized by EstateSale.com and other industry authorities.

We pay meticulous attention to every detail as we handle each aspect of the estate sale process from start to finish. Our experts will work with you from the initial free consultation to the complete execution of your event and everything in between. You don’t need to lift a finger; the Estate Pros will take care of everything for you!

What Our Clients are Saying

Excellent4.8Anna DwyerAnna Dwyer ★★★★★ John and his team were extremely knowledgable and kind in handling my father in law's needs. Will work with them again once he is ready to move.Response from the ownerThanks Anna! Janis KotulaJanis Kotula ★★★★★ They are very accommodating, clean, and kind!Response from the ownerThanks Janis!!! Luann BarrettaLuann Barretta ★★★★★ Estate pros made it very easy and efficient for us. Great job. Highly recommendedResponse from the ownerThanks Luann! Kristy KasapisKristy Kasapis ★★★★★ Absolutely incredible company! On time, efficient and professional. Did a great job at our home and would definitely use again. Jonathan is very friendly and so were his men. They left the house clean as well.Response from the ownerThanks Kristy! ELIZABETH PATTENELIZABETH PATTEN ★★★★★ Jonathon was very easy to work with. We contracted for clean out services. The did a great job. We would definitely use them again.Response from the ownerThanks Elizabeth!!! Kendra MalloryKendra Mallory ★★★★★ Excellent service and communication! They cleaned out our grandmother's house of 77 years in 1 day!Response from the ownerThanks Kendra! Jim BarbaressoJim Barbaresso ★★★★★ After interviewing 3 estate sale companies, we chose Estate Pros, and it was a great decision. Communication, documentation, sensitivity, respect, responsiveness, friendliness, and candidness were extremely important to my family as we dealt with the contents of my mother’s house (during a time of heightened emotions) to prepare the house for sale … and Jonathan and his team excelled in all areas. They’re experts in handling estate assets in the best possible way.Response from the ownerThanks Jim & Suzy!!! J ZhJ Zh ★★★★★ They provided an excellent service. Brad helped me pack the dining table in my SUV very perfectly. I really appreciate their service!JZResponse from the ownerThanks JZ!!! Helene ParryHelene Parry ★★★★★ Jonathon of Estate Pros and his crew handled our estate sale as professionals. Could not have asked for a better sale, set up and clean up. Thank you Jonathon-Jim ParryResponse from the ownerThanks Jim & Helene! Greg ToddGreg Todd ★★★★★ A very positive experience overall! Jonathan was both courteous and professional throughout planning and moving our furniture. Much appreciated and we will recommend Estate Pros to our friends and family. Thanks for a great job!Response from the ownerThanks Greg! Jim OleksinskiJim Oleksinski ★★★★★ All my junk (rooms and rooms) was cleared out in a timely manner.Response from the ownerThanks Jim! Andy SchulistAndy Schulist ★★★★★ Well organized sales, fun and friendly. Owner is knowledgeable and helpful. Always a pleasure buying furniture and decor here.Response from the ownerThanks Andy! Elena MettlerElena Mettler ★★★★★ Response from the ownerThanks Elena! Terese BaltesTerese Baltes ★★★★★ ESTATE PROS is THE TEAM you will brag to your friends about. The entire experience from 1st phone call to last exchange exceeded expectations. Top notch communication, responsiveness, professionalism and courtesy. Trust them to provide the most comprehensive service. We wanted quick action and they delivered. Thank you Estate Pros - you earned our sincere thanks and appreciation.Response from the ownerThanks Terese!!! Yvonne VerschuerenYvonne Verschueren ★★★★★ Estate Pros (Jonathan) as well as the guys that came out were hard working, friendly, and kept me in the loop. I love that they work with Habitat for Humanity which also came out. He assured me that as much as possible would be donated before using the landfill.I contacted Jonathan shortly after my father died, but did not use his services until I was ready several months later. There was never any pressure and he was very easy to work with.Response from the ownerThanks Yvonne! We are glad you were pleased with our donation and clean out services! Misty WilkinsonMisty Wilkinson ★★★★★ Super helpful team. Great experience buying from their sales.Response from the ownerThanks Misty! Jill Turner ZdyrskiJill Turner Zdyrski ★★★★★ Jonathan and his team were amazing! They were quick and tidy. Would recommend to anyone needing their services!Response from the ownerThanks Jill! We are so glad you were pleased with our donation & clean out services! Peggy PrimmPeggy Primm ★★★★★ Fast and friendly service, great prices! Would use them again for sure! Highly recommended!Response from the ownerThanks Peggy! Pamela BarnardPamela Barnard ★★★★★ They were quick, courteous, and nice to be around. No complaining, no grumbling just really good workers.Response from the ownerThanks Pamela! We’re glad you are pleased with our donation and clean out service! Pam JumpPam Jump ★★★★★ The absolute best there is in the estate sale business! It’s the content of a business owner’s character that speaks directly to what level of service you will receive from the business. Jonathon T is an exceptional human and remarkable business owner! He and his employees go above and beyond to make each person feel valued and appreciated. All the stars and more for Estate Pros!Response from the ownerThanks Pam! js_loader

Southeast Michigan Estate Sale Service Area

The Estate Pros have been proudly serving Oakland, Macomb and parts of Livingston, Genesee, Lapeer & Wayne counties for the past 15 years. No matter what your situation calls for, the Estate Pros are here to help!

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Upcoming Estate Sales

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Canton Michigan Estate Sale

To Be Announced
Canton, MI, 48187
June 8, 2024
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