Estate Seller - Business Ideas
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
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. |
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings