How to Start an Estate Sales Business for Resellers
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=oeiZa04Iy0M
Now Most likely I’m not the only one that watches pawn stars, Gary vee and a lot of other guys flip things online. • 💲1 on 1 Talk + My Budget + Stock Investments💲 • / tommybryson • 1. What is an Estate and how do Estate Sales Work • Now an estate is the person assets • And estate sale is the personal assets being sold after they are not here or while they are not here • But you finally get to buy someone's assets from them, including their house, and most importantly collectible items, like cards, coins, and old furniture. • Now the Good thing is this: • Some estate sales contain very collectible items that could go for a massive profit • Some estate sales are usually held by motivated sellers like kids (where they only want the money) • And some estate sales items trash, but obviously the more you do this, the better you’ll get ( just like everything else in life ) • 2. Can you make a lot of Profits • First example: • My accountants, one of her clients actually had a commercial property that she sold 30-40% below market rate • Because it was an estate sale and because it had some damage that could easily be fixed • My accountant helped her get the money and now my account has a commercial property that gives her more income • Second Example • Lady from pawn stars with the coin • That found a coin she probably paid $50 and turns out its worth 5-9k at auction • Now these needles in the haystack, so that’s why today we want to be more realistic. • 3. How to get into it and how to find deals • First of all, obviously you need some cash to get started ( I recommend starting from $100-$1000 to have a lot more options ) • Do not start a business with debt, because it’s a business with risk and you buy junk sometimes • Where you find Deal: at estate sales obviously and here is how you find them • Grasons: mostly dominant in the west • Blue Moon Estate Sales • Caring Transitions • Estate Sales.com • Estatesales.net • Estatesales.org • Now obviously: • It’s a volume game you have to attend some estate sales to see what's going on and get experience • And I’ll also go to some of these websites to show you what they have for sale • And how I already found items that can double my money. • But here are some tips first: • Simple: think of an estate sales of you buying from a garage sale, instead of that everything is going to be listed for sale ( assume that everything is for sale in the house, even the curtains )) • Limited number of shoppers inside at ones: so get their early and wait in line ( you want to get their early, this is to prevent theft) • Rules: som estate sale companies take checks, credit but a lot of them just go for cash ( do not do debt ) • Don’t bring a big bag, they might not let you in because it’s a merchandise risk for thieves ( but be prepared to carry out the things you buy) • Advice: when going look at the preview pictures first to see what you really want • When you get in go straight their • And then look around for more stuff • Remember everything Is for sale so ask • Understand negotiations • You won't be allowed to haggle but you can ask for a discount • And estate sales are organized to lower the price by day • 25% one day, half of the next day, and so on. • 4. Let's check out some of the websites • Just make sure ( to keep in mind any fees for the website you are using ) • But again you will have to become an expert if you want to get really good at this • Just looking isn’t enough. • PRO TIP* • INFORMATION IS EVERYTHING • 👕Merch👕 • https://teespring.com/stores/tommybryson • ✅2 FREE AUDIOBOOKS✅ • https://amzn.to/2Enayo8¬¬¬ • 💰M1 FINANCE $10💰 • Link: https://m1.finance/fQsrul1PZcHM • 🎁ACORN FREE $5🎁 • Link: https://acorns.com/invite/38EYSU • ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) • Link: https://amzn.to/2VGbxt9 • 👨🏽💻DISCORD PRIVATE GROUP👨🏽💻 • / discord • My Camera Gear: https://www.amazon.com/shop/tommybryson • ✔ Help Us Reach 300,000 Subscribers: https://goo.gl/0wvm6w • 😎All My Social Media😎 • Link: https://linktr.ee/tommybryson • *Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I'm an Accountant but I'm not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.
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