The estate sale market growth ties directly to our current economy, real estate market and overall way of life. Let’s discover this and the many other factors for the ongoing estate sale growth.
Shifting in the housing market, shifting in employment, baby boomers aging, people retiring, moving, growing, marrying and divorcing. Through every shift, whether it’s relocating, downsizing or a loved one passing, people need assistance in from a professional estate sale company to carry the burden of liquidation or assist them in liquidating so they can focus on the new future ahead.
The estate sale growth continues at a rapid rate partly due to our current housing market, career driven individuals driving across states to follow a new path and all this does not compare to the amount of baby boomers becoming of age and will need caring, compassionate individuals to assist them during this time.
The estate sale market is growing and many new businesses are growing right along with it. There’s no accrediting body, test or certifications required to open an estate sale company. One must do their research and choose an estate sale company based on reputation and meeting them in person. A reputable estate sale company will quickly invite you to one of their upcoming sales to help you evaluate them in their natural environment.
The growth of any market is based on two things, supply and demand. Sure there’s thousands of estate sale companies, but once you sift through the credentials, there’s only a handful of professional estate sale companies that are veteran professional companies that aren’t in this industry for the moment.
While the supply of professional estate sale companies is limited, the demand is huge and growing at a rapid rate. The light at the end of the tunnel is nowhere near when it comes to unemployment and career changes. Even if it was, estate sales are a unique industry that thrives during the hard times and continues to thrive during the good times.
Common reasons people need an estate sale, they apply to every type of economy we could possibly face:
- Seniors moving to assisted living
- New Career move to another state
- Up-sizing to a bigger home
- ….and more
We as Americans love to collect, we have an abundance and love for collecting a type of item, coins, jewelry, dolls, toys, embroideries, etc… Even if none of the above applies. Normal every day families decide to liquidate storage units, entire collections and more.
The estate sale industry has existed for decades, it has sustained for many years and is now growing at a much faster rate due to our aging baby boomers with only continued growth in sight.
At Grasons Co. we love what we do because it’s much more than just an estate sale.