Auctions vs. Estate Sales: Which is Best For You?

Author

Wayforth - Texas

Posted on

Mar 14, 2023

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Florida - Orlando , Florida - Sarasota, Bradenton & Charlotte Counties , Florida - Southwest , New Jersey - Bergen and Passaic Counties , New Jersey - Morris & Somerset Counties , New Jersey - Ocean & Monmouth Counties , Pennsylvania - South Central PA , Texas - Dallas, Collin, SE Denton & Rockwall Counties

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Selling your items is a big commitment, but you can get cash for your things. There are a lot of options out there, but this article will focus on three separate ways to get your possessions sold: 

  • Online sales 
  • Auction sales
  • Estate sales

 

Online Sales

From Facebook Marketplace and Craigslist to Next Door and Ebay, there are a variety of ways you can sell everything from furniture to clothing. You have to do the work which includes posting your items with photos and a description, setting a price and dealing with questions from interested buyers. This takes some time and you should be cautious about who you are meeting if you agree to sell something to a stranger. 

 

Auction Sales

Auctions sales are an easy way for someone else to do the work for you. You can choose to have an auctioneer come to your home and hold a sale on your property if you have enough possessions. The advantage to using an auction house is that they have experience with what is popular and sells well. Plus, people follow certain auction houses which can bring an automatic audience for the sale. 

 

Estate Sales

Estate sales are a way to clear almost everything out of a home. Typically, estate sales are used when someone needs to move out quickly or after a death of the homeowner. Estate sale professionals can charge you several different ways such as one price for the entire sale or a portion of the proceeds. Make sure you understand all the terms upfront and look for someone who is bonded and insured since people will be on your property. 

 

WayForth can help you or a family member with our comprehensive moving solutions including downsizing, space planning, packing and moving, and unpacking, and settling in your set-up in a new home, contact our moving professionals today at 817-697-4478 or go to our website to learn more! 

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Lets talk PATHWAYS: Personalized Support for Those Experiencing Cognitive Decline

Lets talk PATHWAYS:  Personalized Support for Those Experiencing Cognitive DeclineDecember 5, 2024 By CC Young StaffThis time of year is filled with gatherings, which means you may be spending more quality time with your family members, particularly your parents and older relatives. While time spent together is a blessing, it can also highlight changes brought on by aging. If you believe someone you love is experiencing mild cognitive decline, there are options for keeping them safe while maintaining their independence and quality of life.This year, CC Young Senior Living in Dallas launched the Personal Assistance Toward Health and Wellness As You Succeed (PATHWAYS) program. Designed to serve as a bridge between Assisted Living and Memory Support, PATHWAYS provides extra support and structure in an intimate, small-group setting.We sat down with Nena Paris, CC Youngs Administrator, Assisted Living and Memory Support, to better understand the PATHWAYS program and who can benefit from it. Here are seven takeaways.PATHWAYS was created to fill a need between Assisted Living and Memory Support. The program came about because, often, Memory Support units can have long waitlists and fill up quickly. Truthfully, sometimes people with cognitive impairment dont necessarily need full Memory Support, as theyre not at risk of eloping, or leaving the community without supervision. CC Young has recognized that theres this middle group people who need a little more guided assistance and structure with their daily activities but are not qualified for full-blown Memory Support.PATHWAYS can actually slow cognitive decline. Research has shown that a guided program like PATHWAYS can in fact slow cognitive decline and help people stay engaged. Our program does this by providing residents with personal interaction, along with physical and emotional support, as a way to enhance their overall wellness and quality of life in a positive environment.PATHWAYS promotes resident wellness. At CC Young, we focus on whole-person wellness, using the 7 Pillars of Wellness as defined by the International Council on Active Aging: physical, social, spiritual, intellectual, emotional, vocational, and environmental wellness. Thats also the backbone of the PATHWAYS program, which promotes active aging regardless of cognitive issues. From these pillars, we have designed a comprehensive therapeutic program to support the needs of those with mild cognitive impairment in a joyful, engaging environment.PATHWAYS offers an intimate caregiver-to-resident ratio. Part of what makes PATHWAYS so successful is that the CC Young staff works closely with residents, which means the staff will notice any cognitive changes. In fact, at 1 caregiver to 7 people, the caregiver-to-resident ratio in PATHWAYS is better than both Assisted Living and Memory Support, which are 1 to 25 and 1 to 10, respectively. That also results in PATHWAYS residents becoming like family, as the staff truly gets to know them.PATHWAYS is not just for CC Young residents. Its true anyone from the Dallas community who has a need for the program can become a PATHWAYS resident. Upon entering the PATHWAYS program, your family member would also become an Assisted Living resident in The Hillside at CC Young.PATHWAYS is a less stressful transition for both family members and residents. It can certainly be stressful for families to face the decision of whether or not their family member should enter Memory Support. PATHWAYS offers a comforting solution for both them and their loved ones, as it lessens the pressure of deciding whether full Memory Support is needed now. The PATHWAYS resident may be able to live out their days in the PATHWAYS program or eventually transition to Memory Support, if the need arises.PATHWAYS keeps residents engaged and prevents isolation. To keep PATHWAYS residents engaged, the program takes an active and intentional approach to life enrichment activities, which includes participating in activities on the Assisted Living calendar as well as a specialized PATHWAYS calendar. 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How to Create a Home Inventory

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This record of your insurable assets will not only help you in the settlement of a covered loss or claim but may also help verify tax-deductible property losses and determine the right amount of insurance coverage you need.How do I create a home inventory?The first step is to decide on what type of inventory would be easiest for you to create. A home inventory can be as simple as a list of all your possessions or a visual record for each item, but an effective home inventory should include both for added security. Today, there are even digital tools to help simplify the process of maintaining the list.A written inventory: A comprehensive home inventory list catalogs your belongings and should include the item description (make, model and serial number, if applicable), value and purchase date. You can create your own list using a spreadsheet or fill out a home inventory checklist that's ready to go.A digital inventory: If you have an iPhone or Android phone, there are apps that can be downloaded to your phone, some of which are free. These mobile home inventory apps allow you to record a photograph of the item along with the description, value and purchase date.A visual record: A visual record of your possessions shows proof of ownership. This can be accomplished with a video walk-through of your home or through a series of photographs.Once you decide on the type of home inventory you want to create, according to the Insurance Information Institute, there are some simple steps you can take to start the process. Don't forget to include the items in your basement, attic, garage and any detached structures, such as tool sheds. Also, pay special attention to your most valuable possessions, such as antiques, art, jewelry, collectibles and electronic equipment. 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