Estate sales are different from your regular garage sale, promising nicer items and the potential for rare finds. Estate sales agents exist in an unregulated market and ask for fees around 35% of the sale total. It is important to get a copy of your estate sales agent’s contract and notice any red flags upfront. The Article explains common problems with estate sales agents, such as bouncing checks, accepting too little for certain belongings, and not taking items to auctions as promised.
See Paul Sullivan, It Pays to Be Wary When Hiring an Estate Sales Agent, NY Times, September 23, 2016.
Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.
