Items To Purchase At An Estate Sale That Often Produce A Profit When Buyers Resell Them

Items To Purchase At An Estate Sale That Often Produce A Profit When Buyers Resell ThemIt seems as if everyone is looking for a get rich quick scheme these days. Unfortunately, there likely will never be one of these ventures that are risk-free, but buying and selling belongings from an estate sale can become very lucrative. Interested parties must research the asking prices for items to ensure that they are not overpaying for them. There are certain things that you can look for while shopping at these sales that may produce a better profit than others, and they need to be examined thoroughly for defects to help you achieve the overall goal of making money.

Keep An Eye Out For These Things

1. Old Stoves, refrigerators, and other appliances.

Now, we are not talking about units from just a couple of years ago. Instead look for old cast-iron models that have retro-appeal. These devices, particularly in good working order, can go in your home to add value to it or can sell to the highest bidder that you can find to turn a profit. Even non-functional assemblies might sell for way more than they are worth, and just for a homeowner to use for decorative purposes.

2. Classic and antique vehicles.

Not all estate sales have cars available for purchase, but some do, and their condition should be examined thoroughly to see if they are worth your time. It is notable to mention that some automobiles sell for quite a bit at auctions. However, in many cases, an extensive amount of funding may be needed to get them in proper working order. The more parts that become replaced cut into your profits and the turnaround for receiving compensation might be slower than with other purchases.

3. Product memorabilia and signs.

Collectors often pay big money for collectible product memorabilia from companies like Coca-Cola, Pepsi, and more. Glass bottles, tin toys, and even an organization’s sign can prove to be worthy investments. Look carefully for old gas station decorations, and items from historical establishments that have since closed down like casinos.

4. Look for jewelry of various materials and brands.

No list of items to consider purchasing from an estate sale, for the sole purpose of selling to turn a profit, would be complete without jewelry listed on it somewhere. Everyone knows the big names of Rolex and Tag Tag Heuer, but the names of other jewelry and watch makers are not always as well known. Not all pieces are going to be worth a bunch, but they are worth looking into if the price is right.

Are you on the lookout for something in particular? Give our office a call at (818) 206-8565 and let one of our team members see if they can help you find the item.