If you’re looking for a way to make some extra cash, estate sales can be a great option. These sales offer a treasure trove of valuable items that can be resold for profit. But with so many different things on offer, it can be hard to know where to start.
[fluentform id=”2″]
That’s why we’ve put together this guide on the things you should look for at estate sales to make you money. From rare antiques to trendy vintage clothing, we’ll cover everything you need to know to turn your estate sale finds into a profitable side hustle.
So grab your wallet and get ready to hit the sales – with these tips in mind, you’re sure to come away with some great scores.
You might enjoy this post: Why Do People Have Estate Sales
Antiques
Antiques are the top item to look for at estate sales if you’re looking to make a profit. These items are typically worth more than their original purchase price and can be resold for a nice profit. Look for pieces from well-known brands or popular periods in furniture, art, and other collectible categories to get the best deals.
If you are unsure about an antique, use an online search engine, such as Google, to help you identify it and its value.
Vintage Clothing
Another great item to look for at estate sales is vintage clothing. These clothes are often designer pieces, which can be sold for a higher price than what you would pay at a regular store. It can be worth considerable money if you spot something rare or in good condition. Be sure to check for labels and research your finds’ value before buying them.
Jewelry
Estate sales offer a great opportunity to find unique jewelry at discounted prices. Look out for pieces made with precious metals or stones, as these can often be sold for a considerable profit. Be sure to check the condition of the jewelry and ensure it is authentic before you make your purchase.
Collectibles
From toys to stamps, collectibles can also be found at estate sales to make you money. These items are often worth more than their original price and can be resold quickly online. Look out for popular series or limited edition items for the best return on your purchases.
Artwork
Original artwork can be a great investment, and estate sales are a great place to find it. Look out for signed prints or unique pieces that can be sold at a higher price than you normally pay in retail stores.
Musical Instruments
Musical instruments can be one of the more lucrative estate sale finds. Look out for vintage guitars, drums, or other instruments that can be resold quickly.
Books
Books are a great item to buy at estate sales if you’re looking to make a profit. Check out rare editions, first-printings, and signed copies for the best returns.
Furniture
Furniture can also be a great money maker at estate sales. Look out for pieces from popular designers or vintage items that can be resold at a higher price than you would normally pay in stores.
Dishes & Glassware
Another great find at estate sales are dishes and glassware. Look out for sets that have been discontinued or rare pieces from well-known brands.
Electronics
Finally, electronics can be a great bargain at estate sales. Look out for items that are still in good condition and check online to research the value before you buy them.
Tips on finding profitable items at estate sales
Now that you know of things that will make you money on estate sales, here are some tips you should know before buying them:
- Look for unique pieces: Estate sales often have one-of-a-kind items that collectors or enthusiasts can sell for a higher price.
- Check for antiques: Antique furniture, art, and jewelry can fetch a high price if in good condition.
- Don’t underestimate small items: Vintage clothing, old books, and small collectibles can add up in profit over time.
- Check for the item’s condition: Inspect the item for any damages or repairs needed thoroughly. These can affect the value of the item.
- Research the item: Take the time to research if the item is rare or has a unique history. This can add significant value to the item.
- Bargain for a good price: Don’t be afraid to negotiate with the seller for a lower price, especially if the item has been on sale for a while.
- Look for popular brands: If the estate sale includes items from well-known brands, such as designer clothing or luxury handbags, they can be sold for a higher price.
- Take note of the local market: Items that are popular in one area may not be in another. Take note of what sells well in your local market to ensure a faster sale.
- Network with other sellers: Networking with other antique or vintage sellers can provide valuable information on what items to look for and what sells well in the market.
- Enjoy the hunt: Estate sales can provide unique and interesting finds. Don’t forget to have fun searching for hidden treasures and potential profits.
How do you become successful at an estate sale?
To become successful at an estate sale, one must have a keen eye and thorough knowledge of the items that hold value. Understanding the market and demand for certain items can greatly increase profits.
It is also important to arrive early, as the best items are often sold quickly. Negotiating and being willing to walk away if the price is not right can also lead to successful purchases.
Additionally, building relationships with estate sale companies and being on their contact lists can provide early access to sales and valuable items.
With a bit of research and persistence, anyone can become successful at estate sales and turn a profit.
Can you make money reselling from estate sales?
You can make money reselling items you find at estate sales. Estate sales are a great place to find unique and valuable items you can resell later. However, it is important to research and know the value of the items you purchase.
It is also important to keep in mind any potential restoration costs or fees that may cut into your profit.
Many successful resellers make a living off of reselling items from estate sales, but it requires dedication and an eye for value. With some time and effort, you, too, can turn a profit through estate sale reselling.
How do you negotiate an estate sale?
When negotiating an estate sale, it’s important to start off on the right foot by being polite and cordial with the estate sale representative. They don’t typically like to haggle, so it’s best to ask discreetly if negotiation is an option.
It’s also a good idea to bring cash and be prepared to negotiate prices. However, major discounts on big furniture pieces may not be possible on the first day of a sale.
To get the best deal, it helps to make an offer on other items first and not to be deterred by estimated prices or market values.
Building a relationship with local estate sale companies can also provide helpful insights and advance notice about upcoming sales.
Buyers can successfully negotiate estate sales and snag some great deals by following these tips.