Even though estate sales (also known as tag sales) are one of the best opportunities to find amazing items for bargain prices, a lot of people haven’t actually attended one. Meanwhile, most people also don’t have experience hosting one themselves, because liquidating one’s estate and assets isn’t exactly something that happens on a regular basis. So, understandably, there are a lot of myths and misconceptions that go around about estate sales.
As an estate sale company in the greater Kansas City area, we’re here to set things straight. Whether you’re a buyer or a seller, estate sales can be an amazing opportunity for you! For that reason, it’s important to not be led astray by misinformation. Here are a few myths about estate sales that you shouldn’t buy into!
MYTH: You Have to Be Rich to Have an Estate Sale
On the contrary, many people hold estate sales because they’re not rich! Estate sales are one of the best ways to clear out a massive collection of items and get paid for it. Many people who aren’t exceedingly wealthy turn to estate sales to liquidate their assets since it’s one of the best ways to make a nice amount of profit.
When you work with a Kansas City estate sale company like Pengo Estate Sales, we have professional appraisers who value every item at the exact price which makes it an attractive purchase for buyers, while being a fair dollar value for sellers. People tend to fear the upfront cost that’s associated with hiring professionals, but at the end of the day, Pengo Estate Sales ensures that you’ll make far more money than you would otherwise.
MYTH: Estate Sales Are Only For Antiques and Furniture
For some reason, people have this strange perception that estate sales are reserved strictly for old people who want to get rid of all their quirky antiques. Not true! Sure, you’ll often find items like this at estate sales, but when it comes down to it, any item that can be used in day-to-day living has value, and you can bet that it will be bought if it’s set at the right price. Many people who are aware of this actively seek out estate sales, because it can be an amazing way to find cool stuff for great prices, such as electronics, appliances, tools, and more.
MYTH: Estate Sales Only Sell the “Leftovers”
There is a common belief that estate sales only sell the “table scraps” of whatever assets they’re liquidating, because other parties have presumably already taken the good stuff. For example, when a family member dies, their inheritance is often liquidated at an estate sale, and people like to assume that the heirs will have already taken all the valuable items beforehand.
Unfortunately, this ignores the fact that every estate sale has its own unique context. What if the deceased didn’t have any clear heirs? What if the sale is because of asset forfeiture from bankruptcy? What if the seller is getting rid of valuable things simply because they can’t easily be transported? There are simply too many factors at play to make assumptions about the quality of items that will be sold at any given estate sale.
Kansas City Estate Sales
Are you wanting to have an estate sale in Greater Kansas City, or attend one for the great deals? Pengo Estate Sales is the company to call. We can help you organize your tag sale, and we also post sales on our website so that people can keep track of sales in the area, whether they’re in Gladstone, Holt, Liberty, Independence, or any other cities in east Kansas or West Missouri. Contact us today!