March 14, 2008, Newsletter Issue #129: Online Estate Auctions

Tip of the Week

There are a myriad of estate sales available online. Usually the entire estate is not for sale online. Instead, the next of kin or the executor of the estate will put portions of the estate up for auction online. In this way, they hope to maximize profits, avoiding the fees of the auction house and receiving the maximum price for each individual item. In addition, an auction house may offer portions of an estate sale online in order to generate more bidding (and hopefully more profit) for the auction. In order to find estate sales online, you should first begin by searching through the major online auction sites. Look, also, on websites of individual auction houses for estate sale listings.

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