Estate Seller - Business Ideas

Updated: September 15th, 2022
An Estate Seller

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Estate sale companies, also known as estate liquidation or tag sale companies, offer a cost-effective way of selling the entire contents of loved ones' estate after their death or divorce.

The increased aging population is one of the factors boosting the demand for estate sale businesses. Moreover, more than 2.4 million divorces occur annually in the US, and each requires the services of an estate sale liquidator.

Therefore, starting an estate sale business is a viable business opportunity.

An estate sale business is a low startup venture and often simple to start. Besides, estate sale businesses feature a straightforward and scalable business model as you can choose when to work and where to work.

If you are interested in starting this kind of business, first study the market dynamics and decide if it is the right business. Then, come up with a business plan and a marketing plan so you can get your brand known to customers.

Ing an estate seller requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell estate sales , or selling estate sales online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$164B
starting costs
$13.7K
gross margin
40%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Inventory Expenses

$350

$14,750

Software Expenses

$150

$2,794

Website Costs

$13

$215

Advertising & Marketing Costs

$0

$2,450

Total Startup Costs

$513

$27,209

Successful Businesses

Business URL Rank

CoStar

costar.com

11,545

EstateSales.NET

estatesales.net

13,088

Estate Ejendomsmægler

estate.dk

330,819

Business for sale, Joint venture & Start Ups ! Business opportunities in India

businessdeals.in

757,337

Estate Sale Finder

estatesale-finder.com

1,067,981

Blue Moon Estate Sales: Helping Families. Selling Stuff. Having Fun.

bluemoonestatesales.com

1,739,302

California Estate Sales & Auctions

californiaestatesales.net

2,934,835

Pittsburgh Estate Sales

sydneybmoore.com

3,289,487

Dan Cobb Estate/Business Liquidators

dcobbestateliquidators.com

3,799,806

Estate Sales In Orlando – Florida's Premier Estate Sale & Online Auction Company

estatesalesinorlando.com

4,254,239

AutoBizBrokers

autobizbrokers.com

4,617,569

Pros & Cons

Pros Description

Flexibility

You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.

Ability to start your business from home

It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!

Little startup costs required

The cost to start a estate seller costs significantly less money than most businesses, ranging anywhere from 12 to 27,209.

Rewarding work

Starting a estate seller can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.

Scalable

With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.

Traffic to your website

A estate seller gives people a reason to visit your website and to keep coming back to you!

Cons Description

Crowded Space

Competition is high when it comes to your estate seller, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Finding The Right Supplier

Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section.

Security Issues

With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.

Lack of benefits

With a estate seller, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.

Isolation

Often times, as a estate seller, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a estate seller, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.