When a senior loved one needs to relocate, you face many decisions regarding the move. One question that arises is what to do with his or her household possessions, and holding a living estate sale may be the answer. In the case of seniors, a traditional estate sale occurs after they’ve passed away. Conversely, a living estate sale takes place while they’re still alive. When a resident has accumulated many valuable possessions, an estate sale is best directed by a professional organization. Here are the advantages of this type of liquidation.
1. Ease Parting with Possessions
Even if your loved one gives some heirlooms to family members, many items will remain. Knowledgeable appraisers of an estate sale company can help you plan the distribution for the remaining items. You may be able to donate non-saleable items to charity, and this may spare your loved one the pain of discarding his or her belongings. He or she may feel gratified knowing others are benefiting from the generosity. Your loved one may be heartened when buyers show interest and appreciation for the saleable items. Obtaining money for possessions validates an item’s worth, and it may offer your loved one comfort knowing his or her valuables will be preserved.
Older adults may feel depressed when they let go of their valuable possessions. However, professional caregivers can help them prevent depression through regular mental and social stimulation. For families living in Allentown, PA, respite care can be a wonderful solution when their aging loved ones need companionship and socialization a few hours a week or just need minor assistance with daily household tasks. At Home Care Assistance, we thrive on helping seniors maintain their independence while living in the comfort of home.
2. Ensure Household Goods Receive Fair Appraisal
Living estate sales experts can help your loved one categorize, organize, and price belongings according to their market values. They manage personal belongings respectfully and ensure all potential buyers do likewise. Before items are made available, staff have them carefully cleaned. For high-end assets, an estate sale company may allow bids, yielding maximum profits. Other strategies include selling to private collectors and notifying antique dealers. To attract buyers, items are photographed and advertised.
3. Avoid the Hassle of the Liquidation Process
The living estate sales company orchestrates each phase of the event, which ensures the sale is well-attended through email announcements, online advertising, and street signs. Professionals prepare the house by cleaning and displaying items for optimal visibility. When customers arrive, a coordinator directs traffic flow. Some companies utilize number systems to facilitate orderly viewing. As customers move through the home, security guards protect the premises and inventory. Staff members manage customer purchases, including money exchanges and bookkeeping, and they also record the profits and charitable donations for tax purposes. Slow-selling items are discounted according to specific schedules. When the public sale ends, the company coordinates the removal of the remaining belongings. If you wish, the company can schedule charity pickup and item delivery to family members and customers. Arranging storage is another option.
4. Facilitate a Lifestyle Change
As your loved one prepares to move, he or she may feel a sense of loss on many levels. He or she will have to let go of a comfortable home, familiar neighborhood, cherished possessions, independence, and established routines. A living estate sale gives your loved one a voice in the transition. Having wishes honored offers some consolation, and being involved in decisions reinforces self-worth. A move that would otherwise mandate months of preparation can be accomplished in a short time. It takes up to two weeks for an estate sale company to sort, clean, appraise, tag, and stage items. An on-site sale spans three days, on average.
Arranging a living estate sale while providing care for an aging loved one can be a difficult task, especially if managed alone. Families who need additional assistance caring for an elderly loved one should consider hiring a professional elderly caregiver. Allentown, PA, seniors and their families trust in Home Care Assistance to provide high-quality in-home care on an as-needed basis. Our caregivers take pride in helping seniors remain healthy while promoting their quality of life.
5. Create a Preface to a Home Sale
If you plan to sell the house, an unfurnished interior may better attract buyers, and if your loved one’s home is outdated, the appearance could deter a sale. If the house contains worn and mismatched furniture, it can cast a poor impression. Residing for years in one dwelling typically renders some clutter, another visual hindrance. After an estate sale, empty rooms look larger than furnished quarters. The coordinator will arrange for house cleaning, repairs, and yard cleanup so the property appears well-maintained. Since real estate agents can show a vacant home at any time, the house may sell faster than when it is occupied. An estate sale company can refer you to a reputable house appraiser, real estate agent, and moving company. Lastly, the profits your loved one gains from the event provide income for the future.
To maximize the benefits of a living estate sale, you must know whom to hire. Choose from among senior move management companies, senior relocation businesses, or downsizing moving operations. Avoid involvement with companies that manage after-death sales, such as estate liquidators. When researching businesses, check that they’re licensed and insured, with upstanding references. A reputable company will have years of experience and industry connections, obtaining the maximum profits possible for your loved one. As payment for their services, an estate sale company typically asks 25 to 40 percent of total earnings.
Holding a living estate sale is just one of the many ways older adults can declutter and enjoy a high quality of life. Maintaining a high quality of life can be challenging for some seniors, but professional caregivers can help them obtain this goal. Families can trust in Allentown, PA, home care experts to help their elderly loved ones focus on lifestyle choices that increase the chances of living a longer and healthier life. To hire a professional caregiver for your elderly loved one, call Home Care Assistance at 484-350-3874 today.