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April 2021 Newsletter

An Introduction to Estate Sales:

Happy April Folks! 
This month our
Smarter Senior Seminar Series
Top Ten Tips

are all about

Estate Sales

WHAT IS AN ESTATE SALE? 

An estate sale is essentially a large sale of someone’s personal possessions — similar to a garage sale but on a much larger scale. Estate sales include a much higher volume of sale items and can feature high-ticket items, whereas garage or yard sales are usually just reserved for offloading a handful of second-hand bargain items. 

WHY DO PEOPLE HAVE ESTATE SALES? 

People often hold estate sales after the death of a loved one as a way to liquidate their personal assets. However, folks also turn to estate sales as a way to declutter before a move, make extra money, or help elderly parents relocate. Believe it or not, estate sales are on the rise, even during a pandemic, as more people are switching up their living situations, relocating to another city, downsizing, or, sadly, dealing with the loss of loved ones.

Top Ten Tips for a Successful Estate Sale

1. TAKE INVENTORY OF THE ITEMS YOU WANT TO SELL

First things first, you’ve got to decide what you want to keep, sell, or simply get rid of.  If you’re holding an estate sale after a death, you’re likely looking to liquidate as many of the assets as possible. 

2. PRICE ITEMS STRATEGICALLY

This is probably the trickiest part of holding an estate sale, especially if you’re selling items that belonged to someone else. While rare items and antiques have a somewhat consistent price, many items will vary in price depending on where the estate sale is being held. Something that fetches a high price in New England may be relative junk in Florida — and vice versa. 

3. GET PROFESSIONAL APPRAISALS FOR ITEMS OF VALUE

We strongly recommend getting a professional appraisal of everything you’re hoping to sell in your estate sale. Professional appraisers will make sure you don’t underprice — or overprice — your items. Plus, they’ll know what certain items are worth in your specific area and help determine if things like collector’s items and jewelry are the real deal. 

Smarter Senior Seminars and YourFloridaHaven has relationships with great people in the Senior Care industry.  Join our Zoom this month to learn more!

4. DECIDE IF ANYTHING IS WORTH A QUICK FIX

You’d be surprised what a smidge of TLC can do for an item’s appeal. A simple shine, lick of paint, quick wash, or easy mend can turn an item destined for the trash into something worth selling.

5. CONSIDER TEMPORARY STORAGE  

Estate sales seldom happen overnight. Choosing a temporary storage option can help relieve time pressure and free up space during the process. You can use a self-storage unit to safely store items while you’re planning your sale. Even better? Have a PODS storage containerdelivered to you, so can store your items at home or on site where the estate sale is taking place.

6. HOLD YOUR ESTATE SALE ON A WEEKEND DAY

For the heaviest amount of traffic and the most prospective buyers, host your estate sale on the weekend. Keep in mind that hosting your estate sale over a holiday weekend can be a toss up since many people travel out of town. Never hold an estate sale on Christmas or Thanksgiving, even if it falls on a weekend. 

7. ADVERTISE YOUR ESTATE SALE AND INCLUDE PICTURES OF YOUR BEST ITEMS

Advertising is key to getting buyers to your estate sale. There’s always a chance that a handful of people will walk or drive by, but the serious buyers scour for the best sales by looking online, on social media, on Craigslist, and in newspapers. Be sure to take pictures of your most appealing items, showcase a range of what types of things people will find at your sale, highlight rare items and bargain bins, and triple-check that the date, hours, and address are correct. 

8. SET UP YOUR SELLING AREA TO MAXIMIZE SALES

Presentation and flow can be big factors in the success of your estate sale. Be sure to lay everything out in an obvious manner, clearly mark prices, spread your items out to keep the flow going, and avoid any layouts that can cause traffic jams. Make it easy for you to keep an eye on valuable items like jewelry, antiques, or collector’s items. If you’re hosting the sale in your current home, be sure to clearly mark any items that are not for sale. If you rent a portable container, you can hide away items you want to keep — or even use it for additional display space, since it sits right at ground level.  It provides shade and protection from the elements, and if you don’t sell everything on the first day, it will be easy to hold another sale without having to lug everything back inside and then out again.

9. DECIDE IF YOU’RE GOING TO DONATE, DISCARD, AUCTION, OR KEEP ANY ITEMS THAT DON’T SELL

In a perfect world, all your items would sell, but that’s rarely the case. But fear not, there are some next steps you can take for unsold items. If you’re really looking to make money, you can arrange to put the items up for auction, or possibly receive a tax credit by donating them to charity. Otherwise, decide if it’s something you might want to keep or would rather just throw away. 

10. FAMILIARIZE YOURSELF WITH ESTATE SALE TAX LAWS 

One of the major ways that estate sales differ from garage sales is that you’re likely to make a lot more money. This also means that it’s imperative to know and understand the tax laws surrounding estate sales as you’ll likely owe taxes from the event. In states like Delaware, Alaska, New Hampshire, Oregon, and Montana, you’ll be exempt from tax of any kind from your estate sale, but this is not the case in other states. 

April 2021 Zoom Meeting

Wednesday, Apr. 21st 10:30 - 11:30 DOWNSIZING Estate Sale

Downsizing Consultation Form

Coronavirus Makes Orlando library suspends home delivery

Orlando Library Suspends Home Delivery

Here at YourFloridaHaven and Smarter Senior Seminar Series works hard to keep you updated about all that’s new and critical to YOU!

Today we learned the following and wanted you to know right away, especially if you a bibliophile like we are!

LIBRARY SUSPENDS HOME DELIVERY
The library suspended home delivery service after Thursday afternoon, March 26. As a result, some requested materials were not processed for delivery. We apologize for the inconvenience.

While the library regrets having to make this difficult decision, we must do our part in following Orange County, Florida Government’s directive to halt all non-essential services and to protect the health and well-being of our staff.

If you have a question about the status of an item you placed on hold, the best indicator is that if it has been checked out to you, it is in route to be delivered. If the item has not been checked out to you, delivery for that item has been suspended.

At this time, you can continue placing new requests online and once the library resumes normal business, the new and suspended requests will be processed and delivered.

During this time, our call center is closed. If you need any assistance, please Any person requiring special accommodations to participate in any class or program due to a disability may arrange for accommodations by contacting the location at which the event is held at least seven days prior to the event.

Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public-records request, do not send electronic mail to this entity. Instead, contact this office by phone at 407-835-7323 or by writing to: 101 E. Central Blvd. Orlando, FL 32801.

Copyright © 2020 Orange County Library System, All rights reserved.

Our mailing address is:

Orange County Library System

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Orlando, Fl 32801

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References: https://www.ocls.info/information-regarding-covid-19

February 2020 Newsletter Cover Smarter Senior Seminar Series Downsixing for Seniors Orlando Public Library Florida

February Newsletter Top 10 Tips on Senior Health

Smarter Senior Seminar Series Downsizing for Seniors Orlando Public Library February 2020
august newsletter COVER Orlando Florida

August Newsletter

Orlando Summer Market Update

Orlando Summer Market Update

The Greater Orlando Regional Realtor Association released its report on May’s housing market, showing that sales, median home prices, and inventory are all on the rise. What does this mean for the Orlando Summer Market? It seems to be good news according to area experts.

Overall sales by ORRA members increased 10.6 percent from May 2018 and 13.9 percent from April 2019. 

The overall median price of Orlando homes in May went up to $243,ooo from $233,000 in May 2018. 

The overall inventory of homes available for purchase showed a 8.5 percent increase compared to May 2018. 

Our Monthly Market Pulse feature for July is showing some strong figures as well.

July Market Pulse Great Orlando Real Estate Info 2019
Monthly Market Pulse for Great Orlando Area

What Does This Mean For Me?

Each property has its own story and needs to be evaluated individually, but that process can be started easily online. You can simply go click here to being your process.

July Newsletter

Smarter Senior Seminar Series Sign-Up

Downsizing Seminar 2019 Sign up

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