What are some tips when you attend an estate sale?

When I started to sell items online, one of the types of sale that I found are estate sales.  When you go to an estate sale, the contents of the house are usually for sale.  I have heard them referred to as a tag sale and even an estate liquidation.

Estate sales are a wonderful way to find some bargains, but what are some tips to remember when you attend one?

The first thing to remember is that all sales are final.  You need to be careful with this—check everything carefully for damage and to see if any electrical items that you are interested in work.  When you attend a sale, you will most likely see signs that read either ALL SALES ARE FINAL or even one  that reads ALL ITEMS ARE AS IS / WHERE IS.

The next thing to remember is to bring cash.  The people that are running the sale may not have the ability to run a credit card or accept your check.

Another thing to remember is to bring the muscle.  You may need to load a very heavy piece, like a piece of furniture.

The last tip to remember is that there will be times that you can get a discount on the price of the item you are interested in.  The estate sale company that runs the sale will usually have the sale over a couple of days.  The first day will usually be full price while the second day will have 10 to 25 percent off and the third day could be as much as half off the price.

When I go to an estate sale, I am now in the habit of seeing if there is a discount the day I attend.

This is only a few of the tips to remember when you attend an estate sale.  What kinds of tips have you run across?

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3 simple tips to remember when you sell an item online

You decided not to long ago to sell some of your items around the house, and some of your item have sold.  What are some simple tips that you need to keep in mind to help things go smoothly?

Tip number 1—when selling items online, make sure you have a scale to help weight items you are shipping.  You don’t have to worry about getting a scale from the post office—you can use a bathroom scale if it registers anything less than a pound (this will help with first class mail).

Tip number 2—make sure that you pack the items you sell as good as you can.  When I pack an item, I will use bubble wrap and packing peanuts to help keep the item I sold from getting broken.  You never know what might happen when the item is being shipped.

Tip number 3—If you are unable to get an item you sell to the Post Office, you can always schedule a pickup with them.  This can be very useful if the weather outside is bad or if you have to get to work (you can tell the post office to come where you work if it’s ok with your boss).

This is just 3 tips to remember when you sell an item.  What kinds of tips have you run across that help you out?

What you need to know when you set up an antique booth

You start to look around the house and you notice that you have quite a few things that you have collected that you now want to sell.  You know that the items are too expensive for a garage sale, and you don’t have the time to list the items for sale online.

What do you do now?

A booth in an antique mall or a flea market is a wonderful way to help you make some money and clear out some of those things that you have around the house.  There are some things that you need to know before for jump into renting a booth.

The first thing you need to do is to find the perfect place for you to set up a booth at.  This could be at a place that you love to shop at or even heard of.  The best thing to keep in mind is to see if that place has a pretty good amount of foot traffic going through it.  This will help you have more potential sales.

Another thing you need to know is if the antique mall or flea market requires you to stay a certain amount of time.  It’s rare for this to happen in the area that I live in–you can shut down the booth after just one month if you want to.

More often than not, you will need to pay for your first month’s rent on the booth.  I’ve seen the rent cost anywhere from $35 for a small booth or showcase all the way up to $300 for a large booth.

The place that you want to rent a booth at may charge you a commission on every item you sell.  You need to ask if they do, and even how much the commission is (I’ve seen it around 10% of the selling price of the item).

You might be able to opt out of the commission; the mall might charge you a little more on the rent of the booth to cover this commission.

The mall will require you to have a number—this will help the mall separate out who sold what.  This will be done the day that you set up the booth, but don’t worry—the mall will have a list of what numbers the other dealers have so there is no confusion.

A word of advice—look to see what kind of tags the dealers are using (a piece of tape may not be wanted at the mall).  One thing that I have seen a lot of is a piece of paper cut into a small square tied on with twine or ribbon.

Good luck and lots of sales to you!

Getting out of your comfort zone can be a good thing

When you are buying items to sell either online or in your shop, getting a little out of your comfort zone can be a good thing.

What do I exactly mean by this?  This could be considering an item when you know absolutely nothing about it.  If it’s cheap enough, you could go ahead and buy it so that you can learn something and earn a little of a profit when you sell it.

It could be anything, really.  It could be a book, a piece of Fiesta pottery, a Fenton glassware piece or even an advertising piece.

When I started to sell items, I knew absolutely nothing about clothing (except for what I found at Walmart).  After a while, I had a decent working knowledge of what brand names are out on the market.  Not only that, I now offer a wide variety of clothing from earrings and necklaces to prom dresses and even designer shoes.

So keep an eye out—you may find something today that you can learn from!  What kinds of items have you run across like this?