Baby boomers face extraordinary challenges when downsizing a lifetime of things. Oftentimes, their kids and grandkids don’t want any of it. That leaves everyone involved wondering… what do we do with it all now?
The process of downsizing and moving can be gruesome, especially when you are a parent who has spent your entire life collecting things as you built your family, your home, and your legacy. Many of these things, you’ve likely saved for that one day when you’d pass it down to your children or grandchildren.
When that day comes and your daughter(s) or son(s) don’t want any of what has been sitting in boxes, the attic, or the china hutch, a project that was already guaranteed to be overwhelming becomes seemingly impossible.
So, where do you even go from here?
There is always the option of donating your gently-used, everyday household goods to local charity organizations. Nationally recognized centers such as Habitat for Humanity, Salvation Army and Goodwill are in all major cities and towns.
You also have local centers such as Lighthouse Ministries in Lakeland who are happy to accept donations of goods and furniture that they can successfully sell and serve people in need.
Be sure to take pictures of anything being donated and share with your local donation center in advance to determine if they are interested and have the capability to pick up and/or otherwise accept your donations.
Some donation centers may only pick up outside your front door or from the curb due to covid restrictions. All will be choosy as to what they accept based on their space availability and whether or not they think it will sell quickly.
If your goal is to sell the items that your kids don’t want, which is the goal of 95% of our clients, you might ponder the idea of having garage sales. That is, of course, if you have enough time to carry the heavy burden of downsizing yourself.
The main problem with garage sales is that they don’t clear all household items and the cost of time outweighs the amount earned. Nine times out of ten, you have a large donation pile at the end, or worse, you have to bring it all back into the house and try again next weekend.
Many who don’t want to go it alone choose to hire an estate sale company to tag all the items with a price and hold a 2-3 day estate sale on property.
The general idea with an estate sale is that on day 1, all items are priced high and day 2, everything is 50% off.
The problem with day 1 is that no one wants to pay the high price on the tag, and if they cannot talk the estate sale manager down on the price, they must return on day 2 to get it for half off. On day 3, if you’re lucky, your estate sale company will liquidate it. There is likely not much of a paper trail on what actually happens with the stuff.
Our clients have shared nightmares with us about their estate sale companies requiring they buy back an item they end up choosing to keep, ending up with items stolen, or having a full house they are still stuck with clearing after the sale is over.
If you’re looking to take the sales process online, you have the low-cost option of listing individual items on Facebook Marketplace, Craigslist, OfferUp, or eBay. It might be easy enough to do if you have a limited amount of items to sell.
There are several reasons these routes may prove impossible when you have a whole house of things to sell:
They don’t provide fast results
You may be solely responsible for all buyer/bidder communications
You may need to deliver or ship the items
Local buyers may have to pick up from your home if you aren’t able to arrange delivery or a public pickup
Your sale isn’t advertised
You have limited to no professional support (unless you hire someone to manage this for you)
No peace of mind
We learned six years ago how important it was to have a downsizing option for our clients and their families that was safe & secure, efficient, transparent, and that worked.
It was in 2016 that we first partnered with the online auction house, MaxSold, to begin providing our clients with the peace-of-mind of a one-stop solution for all of their downsizing needs.
We’ve learned how important it is to understand your options and the value they provide in terms of dollars and SENSE. With MaxSold, our clients get the most value out of their estate AND their downsizing experience.
MaxSold offers the flexibility of managing your own sale (Seller Managed), hiring MaxSold to manage your sale (MaxSold Managed) and hiring a MaxSold Partner such as Organized Haven to manage your sale (Partner Managed.)
NO MATTER HOW YOU DECIDE TO SELL YOUR HOUSEHOLD GOODS, JUST REMEMBER:
“Your items are worth whatever you want them to be worth so long as you are not trying to sell them. Once you decide you are selling the items, their monetary value is largely determined by forces other than you.” ~Barry Gordon, MaxSold Founder