For those items not inherited or no longer wanted, there are several ways to sell the deceased's possessions.

Or if the Estate is in need of additional money, then they can be sold to help pay outstanding debts and avoid Insolvency.

The money received from any sale of any property should be deposited into the Estate Account.

Ways to sell Estate goods include but are not limited to:

Estate Sale

• Also known as a "Tag Sale," these events are larger than a typical neighborhood garage or yard sale


• They are typically managed by an official Estate Sales company and the public is invited into the property over the course of 2-3 days to purchase anything that's been "tagged"


• When looking for a firm to help with this process make sure to compare different experiences and fees; lower rates may not always be best option because talented and experienced companies may sell more goods for higher prices


• See links below to search for local Estate Sales sales companies for hire

Estate Auction

• Similar to auctions where goods and property are sold to the highest bidder, an Estate auction company will move goods from the deceased's property to an auction house, and invite the public to competitively bid on each item


• While moving costs will be required, it's possible that a well established auction house may sell items for higher prices to a wider audience than an Estate Sale can

Online Sale / Auction

• This do-it-yourself method requires the most work for a surviving family or Executor or Administrator, but may yield most profit


• Create an online auction or marketplace on sales platforms like eBay, Craigslist, Facebook Marketplace, or the like, and list photos, descriptions, and prices for each item


• Newer websites that focus on one particular type of item, such as clothing, or vintage furniture, may yield better sales results, so search the internet to find what works best

Garage / Yard Sale

• For lower-priced items, or those more easily sold locally, hold a typical garage or yard sale at the home


• Invite the community as needed

Donation

• For non-sentimental items, or those with low cash value, there are many options available for donation


• See the below links for more information on local donation services