Princeton Town Topics – Let’s Talk Real Estate – May 21, 2025
HOW ESTATE SALES WORK
Estate sales are organized to liquidate the belongings of a person who has passed away, downsized, or is moving. Unlike garage sales, estate sales typically involve the entire contents of a home and are often managed by professional companies. These companies sort, price, and display items—ranging from furniture and antiques to clothing and kitchenware.
The sale usually lasts two to three days, and prices may drop as the event progresses to encourage buyers. Beforehand, the estate sale company often advertises online and through local listings to attract a crowd. Shoppers can walk through the home and purchase items directly. At the end of the sale, any remaining items are donated, sold in bulk, or discarded.
The proceeds, minus the company’s commission, go to the estate owner or heirs. Estate sales offer a practical way to clear a home quickly while helping others find valuable or unique secondhand items.
