In this video, the presenter explains what an estate sale is—typically used to liquidate the contents of a home after a death or when a full clear‑out is needed. Two primary formats are described: the traditional in‑person sale, where buyers walk through the house and purchase items on site, and the online estate sale, which runs like a two‑week e‑bay‑style auction with items shipped or picked up after payment. The speaker notes that both formats are usually managed by professional estate‑sale companies that handle photography, advertising, and logistics. These companies charge a commission of roughly 30 % to 50 % of sales and may add extra fees for setup, photography, etc. The video concludes with advice to weigh these factors before deciding on a sale type and a call to subscribe for future content.
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So what exactly is an estate sale? So an estate sale is usually when someone passes away or you need to liquidate or get rid of everything in the entire house. So there are 2 types of estate sales in most cases. The first type is called an in-person estate sale. Now that is the old-school way of doing things, which means a bunch of people would line up at the house and go through the entire house And hopefully buy a bunch of items. Now, it's important to know that in that scenario, you're going to have people in your house walking through, and sometimes people don't love that scenario. So the second option to have a sale is going to be an online estate sale. Now, with an online estate sale, it's similar in that all the items are hopefully going to be sold. The difference is it's on— it's online, similar to an eBay scenario. Where it would likely be a 2-week auction and then the items would sell. So the people are not going to be coming in your house until the item is already paid for. So they bid on it at auction, they win the item, they pay for the item, and then on the scheduled date they will be picked up. It's also important to know that these are usually done by professional companies. In either scenario, they will be taking all the pictures for the items in order to sell them. So even if it's an online sale, of course it needs to be taken photos of. But even if it's an in-person sale, people need to see these pictures in order to know what's in the house, to see if they want to come to the house. The advertising is usually done by the company that you hire, and they do a lot of the work. Now, you need to know also that these companies, for do all this work, they will charge between 30% and 50% of And sometimes they even add additional fees like setup, photography, and other items. So keep it in mind, an estate sale is a great option, especially when you need to sell a bunch of items, but you need to know what you're looking at before you go in. Please subscribe so you don't miss any future videos. See you in the next video. See you in the next video.
