Ask Experts Questions for FREE Help !
Ask
    octoberwind's Avatar
    octoberwind Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 24, 2008, 03:55 AM
    Staring an estate sale business
    I want to start an estate sale business from my home. I am an avid garage sale buyer and dumpster diver. I have been selling on Ebay but now want to venture out with my own business. Can anyone tell me how I get started and what I need as far as licensing and bonding. I live in Arizona where this type of business is flourishing unfortunately due to the housing market. Any help you can give is greatly appreciated.;)
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
     
    #2

    Oct 24, 2008, 04:35 AM

    My idea of an 'estate sale' from going to some is a liquidation of a deceased person's personal property after death. As you will be collecting your sale items from various venues, I don't think you can call it that. It is misleading; it would be to me. Estate sale items have never been for sale before and are usually good picks and some antiques.

    As it is in your own home, your insurance will have to be updated covering people in and out who may trip and fall and you wouldn't want a lawsuit on your hands. Also if you have some valuable items you would want them covered for theft.

    Check with your local state laws and if your state charges tax, you probably will have to take that into consideration as well.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

What taxes I will owe on real estate sale [ 2 Answers ]

I have a confusing problem. My family has recently sold property that was left to us. The property was only titled to an aunt, and one cousin. Everyone , even the aunt and cousin knew that the division of property was a 25% split, and then further divided into smaller %. Two families got 25%, ...

How do we force an estate sale? [ 3 Answers ]

My fiancé and his brother inherited several properties including a home when their mother passed away 6 years ago. They have gone back and forth on how to divide the estate, but they never seem to come to an agreement. Here is the question, how can my fiancé force his brother to sale all of...

Estate ordered sale auction [ 1 Answers ]

I am considering bidding on an out of state home. The ad says high bidder will receive sale marketable deed. Does this mean title search has been cleared of liens and levies? Also, any tips on essential steps for successful experience?


View more questions Search