Deceased Estate Auctions & Decluttering Services in Melbourne: Understanding Their Value and How to Navigate Them

 Are you facing the daunting task of a deceased estate cleanout? Estate cleanouts can be daunting, both physically and mentally. Whether you have a huge home full of unwanted items or a small property that needs to be emptied, choose decluttering services in Melbourne that support your plan. 

Cleaning out the home of a loved one who has passed can push you to breaking point, especially when you're grieving while trying to prepare their house for a new owner or tenant.  It can be not easy to know where to start, especially when their home is exactly how your loved one left it when they passed. While cleaning out a deceased estate auction will never be easy, the tips below might make it easier. 

Why Do People Have Estate Sales?  

People often hold estate sales after the demise of a loved one as a way to liquidate their assets. However, folks also turn to estate sales to declutter before a move, make extra money. People continue to switch up their living situations, relocate to the other cities, and sadly, deal with the loss of the loved ones.   

Take Inventory of the Items You Want To Sell 

First things first: You must decide what you want to keep, sell, or get rid of. Suppose you're holding an estate sale after a death. In that case, you're likely liquidating as many assets as possible. However, suppose you're having the estate sale because you are downsizing or moving. You will probably want to take a more discerning approach in that case. Check the house from top to bottom for different items to sell. You may be surprised at how several things you forgot you even owned! 

Price the Items Strategically 

This is the trickiest part of how to have an estate sale, especially if you are selling items that belonged to someone else. While rare items and antiques have a consistent price, different items will vary in value depending on where the estate sale is held.

Remember that buyers are objective, so avoid letting emotional attachment dictate price. Determine the highest rates you can reasonably ask for and the lowest price you will accept. For items you might otherwise toss away or that don't have an obvious major value, consider bargain pricing or grouping them where all items have a flat price. 

Get Professional Appraisals for Items of Value 

We strongly recommend getting a very professional appraisal of everything you hope to offer in your deceased estate auctions. Professional appraisers will ensure you don't underprice — or overprice — your items. Besides, they know the ins and outs of how to go for an estate sale, including what specific items are worth in your specific area. They can help to determine if the collector's items and jewelry are the real deal. 

Decide If Anything Needs a Quick Clean or Fix 

You would be surprised what a smidge of tender love and care can do. A simple shine, touch of paint, quick wash, or an easy mend can turn an item destined for trash into something worth selling. Not everything is worth salvaging, so measure the time and materials necessary to fix or prepare the item versus how much it may be worth. 

Make It Clear Which Areas Are Off Limits 

Estate sales are usually held throughout the entire house — or at least that's what several prospective buyers think. In their eyes, the estate sale permits them to snoop around every inch of the property. So when planning how to organize an estate sale, clearly mark any areas or items you don't want strangers rifling through. Your best bet? If you don't have the access to temporary storage, keep off-limit areas out of visibility, if possible, by shutting the doors and hanging signs that clearly state the areas behind doors that are not included in the sale. 

Familiarize Yourself with Estate Sale Tax Laws 

One of the major ways that the estate sales differ from the garage sales is that you are likely to make a lot more money. This also signifies that it's imperative to know and understand that the tax laws as a part of how to run an estate sale; you are likely to owe taxes from the event. Do your due diligence before you open your doors! 

Abbeys Auctions specializes in deceased estate auctions and offers compassionate and extremely professional guidance. Whether you're selling the antiques, collectibles, or an entire estate, we make the process seamless and rewarding. Visit https://abbeysauctions.com.au/ today