Liquidating assets for nursing home
Don’t you wish we could greet ourselves each day in the mirror just like this? The little bird does not have the advanced intellect to realize it was him in the reflection, yet he was a free spirit having the time of its life.
I don’t normally mind when they say they already know the value because they “found it on the internet.”.However, we need to consider that the current market is fairly saturated with many of the collectibles that were highly sought after 20, 30, 40 years ago, back when our parents’ generation paid top dollar for them.Older “die-hard” collectors are passing away and selling their massive collections all at once.TIP OF THE WEEK: Clean your home and clean your life! Julie Hall, The Estate Lady®, is the foremost national expert on personal property in estates, including liquidating, advising, and appraising. The Estate She is also the Director of American Society of Estate Liquidators Older “die-hard” collectors are passing away and selling their massive collections all at once. Some will be sold to today’s collectors, though far fewer in number than serious collectors years ago. Millennials are into themselves, not material possessions.Hence, these collections are saturating the market, driving prices and values lower. Let’s return to the seller wanting to sell items they believe are valuable just because mom paid a fortune for them. Most of the time, figurines, china, collector’s plates, glassware, Victorian furniture and the like have saturated the market because millions of our moms and dads are passing away. These younger generations collect virtually, not materially.We see the dark portals in people’s lives after they leave. Uncovering these secrets casts a shadow which can change your feelings about the person who has died, not to mention seriously tarnishes their personal legacy.
We will never have a clear understanding of why these people did what they did, made certain decisions, or why on earth they would I think to myself how fortunate it was that my company was the one who found those items, instead of a family member who may be traumatized for the rest of their life. Remember: The dead cannot defend themselves or their actions. We must not only think about ourselves and what we desire, but we must think about those we leave behind and what they may find.
When an heir is looking to sell Lenox, Waterford, Hummel, Franklin Mint, Depression glass, antique furniture, large wardrobes, entertainment centers, and china hutches, the estate experts only have to show how very flooded the market is to get the consumers to understand that these items are now worth very little.
When I look on Ebay and see a “sterling silver lot of 50 grams,” I wonder why on earth one would attempt to sell it for $200 when it would barely get $30 with the current spot price of silver, unless it was a unique designer piece or desirable manufacturer. Many people with a smart phone in their hand believe they are an expert. They just Google over-inflated prices, unless they are wanting to buy.
Today as I approached my car in the driveway, I saw a kooky little bird sitting on the driver’s side mirror, behaving in the strangest manner.
It was completely enamored with its reflection in the mirror.
Asking outrageous prices for items that are clearly not worth it any longer will backfire on the seller. No expert, myself included, can alter these trends of simplification, downsizing, and squeezing more bang out of a buyer’s buck than we already do. If they are buyers, they search for the lowest possible prices in hopes of getting an item at a small cost.