fake estate sale ads.

[leadnugget]

In my area the competition is fierce.
the last 2 weeks someone in my area, likely my competition.
has been posting on Craig's list some incredible private estate sale ads.
they have all the key words that buyers would be looking for, vintage glass, coins, jewelry, old fishing gear, ect.
the thing is you go to the sale address and there's no sale.
big waste of time and gas.
also start times that if you go to them, you will not be able to be first at some of the other sales.
this happened at 4 sales in the last 2 weeks.
anyone else seen this in there area?

 

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[spartacus53]

Nope, we have the exact opposite here, estate sales that are looking for top dollar for crap.

 

[bazinga]

Thankfully, my area doesn't have estate sales like some of you guys have. Estate sale here is just a fancy word for yard sale.

 

[creeper71]

Thankfully, my area doesn't have estate sales like some of you guys have. Estate sale here is just a fancy word for yard sale.

Same where I live every once in awhile the estate sale is run by a "pro" an stuff is way to high..those are the ones I won't buy from.. no matter what it is...

 

[Rodbuster209]

I have ran into both scenario's here, mostly the professional estate sale guys, who sell everything for extremly high prices, I quit going to those a year or so back........Scott

 

[bazinga]

Same where I live every once in awhile the estate sale is run by a "pro" an stuff is way to high..those are the ones I won't buy from.. no matter what it is...

Yeah, and then you hear them justify their prices with ebay. You need to remind them that if people wanted to pay full retail for an item they would have already bought it on ebay. They are coming to your estate sale for a good deal, not retail.

 

[2ndisbest]

The standard by me is 1st or 2nd day full price, then on the last day half off. This is just a guideline, if you build a rep with a dealer they will give you deals if you buy a lot. Though by me on a given weekend there is 50+ estate sales. Plus they make a commission on every item sold. So they are motivated to sell in most cases. Some people will haggle all the way down to 90% off on the last day depending on items. Now there are a few companies that like posting print outs of ebay prices on every item. I do not go to their sales anymore.

I live in a large city so there is much more competition. In rural or small cities I imagine it might be the "only game in town scenario."

Also even the pros miss items. I am strictly a last day bargain hunter and I can score good items almost every week.

 

[creeper71]

Yeah, and then you hear them justify their prices with ebay. You need to remind them that if people wanted to pay full retail for an item they would have already bought it on ebay. They are coming to your estate sale for a good deal, not retail.

I usually do the wife gets embrassed..

 

[jeff of pa]

Interesting Leadnugget !
I Can't say I ever ran for an "Estate sale", so don't know if they are doing that here,
but it may explain why finding some of the yard sales is impossible at times.
I've driven Miles out of my way for "Large Multi Family Yard sales" that didn't exist.

Of course around here you need to ignore allot of signs too.
People are too lazy to remove signs when the sale os over & I'd swear others put up signs,
just because they need the weeds growing on their driveway run flat

 

[spartacus53]

Jeff, you should wander out this way, there are estate sales every other week and people are dropping like fly's. If I were running this community, I'd sell a gave plot along with the house; so your next move will be a quick one

 

[diggummup]

When it comes to estate sales, I don't run into too many ads/addresses where there isn't an actual sale. It's the ones that post daily/weekly each and every week that you have to be aware of. One guy has been running the same ad for almost 2 years. He runs several different ads as well. I can spot them before I even click on the listing. They list all the good stuff, from coins to Tiffany.

Competition down here has become medieval. People turn straight savage at estate sales. All manners have disappeared, people are very uncouth and disrespectful, showing absolutely no etiquette, not just to other buyers but to the people holding the sales also. They even act this way at some of the better yard sales.

Most estate sales are run by companies, even more so it seems this past year. After years of attending these "professionally run" sales, I've narrowed the ones I attend down to only 2 companies, of course orice has everything to do with it. The ones that aren't run by companies, aren't worth going to lately, it seems. Why? Because the competition has already beat their doors down the minute they posted their address online and talked them into a "presale". I still have to try and I did manage a couple scores at a family run sale this morning but it was in a "once good, now bad" area of town, which is probably what kept the competition away. I'm in a large metropolitan area, so it's no problem to hit 20-30 yard sales on a Sat. morning. Days like today suck though, the rain kept it limited to inside sales only. Last weekend was the same scenario.

 

[bazinga]

diggumup... Are estate auctions very common in your area? In my area, it's nothing but auctions (which I prefer). True estate sales are just unheard of really. There is a company or two that do them and whenever I've looked them up, they seem to get just 3 or 4 sales a year to do. I've heard other parts of the country have virtually no estate auctions.

 

[diggummup]

diggumup... Are estate auctions very common in your area? In my area, it's nothing but auctions (which I prefer). True estate sales are just unheard of really. There is a company or two that do them and whenever I've looked them up, they seem to get just 3 or 4 sales a year to do. I've heard other parts of the country have virtually no estate auctions.

No, unforunately an "estate auction" is practically unheard of in this area for some reason. They do have some "auction houses" that sell a few upper end "estate items", but it's nowhere near the same if you know what I mean. I almost mentioned this same thing in my last reply. I wish there were actual estate auctions around here, i'd be all over them, especially on the supposed "junk" boxes. I have seen listings on Estatesale.net for actual estate auctions in some of the smaller towns in other parts of the state. The best estate sales are the ones where nothing has been touched and you get to dig through literally everything from the sock drawers to the junk drawers. That's how some of the best "treasures" are found.

 

[bazinga]

Wow, no estate auctions. That's miserable. In the spring / summer I can usually find 20-50 true estate auctions within 50 miles. I've also been lucky and worked for some auctioneers over the years and helped set up on site sales. Those were a blast! Being the first person into a house full of random treasures is a blast. And I got paid for it. Like you said about the sock drawers, etc., many of them would have random gold jewelry or old coins left hidden away.

 

[jeff of pa]

there seems to be some confusion here.
at least on my end

Estate sale / estate auction

in my brain I see an "estate Sale" as indoor/outdoor yard,garage,house contents walk around everything has a price sale.

and of course "estate auction", on site, or at an auction house Auction.

am I wrong about what you mean in your areas, by the word sale ?

 

[diggummup]

there seems to be some confusion here.
at least on my end

Estate sale / estate auction

in my brain I see an "estate Sale" as indoor/outdoor yard,garage,house contents walk around everything has a price sale.

and of course "estate auction", on site, or at an auction house Auction.

am I wrong about what you mean in your areas, by the word sale ?

You are correct Jeff. True estate auctions are usually on site versus at an auction house. Estate sale is an "entire contents" sale with everything priced by the estate sale company.

The bad thing with Estate sale companies versus family run sales are-

1- the prices, usually way too high and many times it's cheaper to purchase the same item on Ebay for less.
Family members will sometimes price a few things they found on Ebay but not usually.

2- They clean out the house. By that I mean all the drawers have been gone through, the beds cleaned out from underneath, the closets searched etc. etc. This lessens the opportunity to find any "hidden treasures". Most of the time family members haven't cleaned out anything. They may have removed a few choice items that they wanted and removed personal keepsakes such as photo albums and such, but even that isn't the case all the time.

3- Because they've cleaned out the house, they've disposed of anything they deemed worthless, which in many instances i'm sure they have thrown out stuff that isn't worthless, especially when it comes to ephemera and related items. As above, family members many times haven't done a thing except open the doors up for you.

4-Because they've cleaned out the house they've already found the really "good stuff" and because they are in the biz. then the possibility is greater that they have researched or already know the market value of most items "found". Family members usually don't care they just want to get rid of stuff, it's less they have to clear out or clean up.

As for estate auctions, the value of the items depends on who is there bidding on it that day. I think some of the bigger companies probably use phone and internet bidding also. Correct me if i'm wrong but, for the most part the only bidders are the ones on site, especially with the small local outfits, at least the few that i've been to. This gives great opportunities for really good deals to be had. That's the whole reasoning behind going to auctions.

That's some of the differences. Estate sale companies are the worse. I have no problem paying a decent price for something. But as bazinga has stated, if I wanted to pay retail, i'd sit home on Ebay and look for stuff.

 

[jeff of pa]

Yes I love auctions around here, as long as they are Small &
a large amount of Guns & Coins at the auction aren't splattered through adds
through the tri-county area.

Most locals here are like me, won't up a Bid we feel is already bordering on "too much"
and Steals can be had.

But if advertised the person was an Avid Gun or Coin collector,
all the Antique Dealers, Coin Dealers, & Uninformed seem to
take out Loans & show up

 

[bazinga]

As for estate auctions, the value of the items depends on who is there bidding on it that day. I think some of the bigger companies probably use phone and internet bidding also. Correct me if i'm wrong but, for the most part the only bidders are the ones on site, especially with the small local outfits, at least the few that i've been to. This gives great opportunities for really good deals to be had. That's the whole reasoning behind going to auctions.

True estate auctions held by smaller auction companies on site are truly the best there is. You literally never know what you could find buried away in a box that nobody recognizes as valuable. Even the stuff on the tables you can steal because nobody knows of the value. Even if the auctioneer knows the value, if nobody is bidding there isn't much he can do about it (legally).

Last summer I was at a sale just LOADED with antiques and glassware. I was buying entire 8' tables full of EAPG for $1-3 per table. That's just easy money for me. Picked up a piece of Steuben for $3 or so, dirt cheap Fenton, etc.

But on the flip side, coins were through the roof. A lot of 10 regular ike dollars went for about $110 (they weren't silver). Silver coins were going for double melt. It just made no sense. And then the bidders left and I cleaned up on the glassware and box lots.

 

[jeff of pa]

True estate auctions held by smaller auction companies on site are truly the best there is. You literally never know what you could find buried away in a box that nobody recognizes as valuable. Even the stuff on the tables you can steal because nobody knows of the value. Even if the auctioneer knows the value, if nobody is bidding there isn't much he can do about it (legally).

Last summer I was at a sale just LOADED with antiques and glassware. I was buying entire 8' tables full of EAPG for $1-3 per table. That's just easy money for me. Picked up a piece of Steuben for $3 or so, dirt cheap Fenton, etc.

But on the flip side, coins were through the roof. A lot of 10 regular ike dollars went for about $110 (they weren't silver). Silver coins were going for double melt. It just made no sense. And then the bidders left and I cleaned up on the glassware and box lots.

Yes some people seem to think just because something isn't in regular Circulation.
it's rare.
I've seen people bidding $2 - $3 apiece for Clad State Quarters,
when the series first started

 

[bazinga]

Yes some people seem to think just because something isn't in regular Circulation.
it's rare.
I've seen people bidding $2 - $3 apiece for Clad State Quarters,
when the series first started

Haha, yeah. I see people at almost every auction around here now paying $2 each for common date indian heads, $2 each for common buffalo nickels, etc. I want to just go tap their shoulder and tell them to go to the local coin shop and buy the stuff for half the price.