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Out with the Old Too much stuff cluttering up your life? De-accessioning experts explain how to divest yourself of everything from antique silver to a straying spouse. Carol Tisch |
Forget the Age of Aquarius; today we live in the Age of Acquisition. The quandary over how to get rid of too much stuff has become as overwhelming as the accumulated detrius itself. The good news is that Sarasota has world-class experts to help: sophisticated, knowledgeable professionals with credentials you'd expect to find in much larger cities.
We found specialists who
remove clutter accumulated over a lifetime and those who focus on last season’s
clothes. Some pros concentrate on why we acquire; others on why we can’t let go.
From the sad burden of settling a loved one’s estate to the joyous transition
from single to married life, the reasons for de-accessioning are as diverse as
the emotions they elicit.
Temporary setbacks, like divorce or debt, force us to downsize. Adult children may have no choice but to initiate an aging parent’s dreaded last move to assisted care. At any age, the desire to free up closet space is universal, and sometimes we battle clutter just to restore emotional balance and harmony to our lives.
This de-accessioning guide was created to simplify all the above. Whether you choose to sell, donate, trade or recycle, you’ll find options for divesting yourself of various goods by category. All you have to do is decide what needs to go, consult our list, pick one corner of a room or closet—and in the words of Nike, goddess of speed and perhaps psychology: Just do it.
CLOTHING: designer and otherwise
“We call
ourselves the
Other local
consigners carve their own niches. Some think even Calvin Klein is too mass
market and refuse anything but Escada and
Most consignment stores have detailed procedures for accepting and selling your clothes. Check whether there are specific days and times the store will review merchandise, if an appointment is needed, what percentage it pays on the sale, if and when prices of the items will be reduced, and whether you may withdraw your merchandise from sale.
Many prefer to donate directly to the charity of their choice at drop-off locations or charitable thrift shops. That’s especially true for menswear, since none of the local consignment shops take it. “We get incredible donations from men,” says Goodwill Manasota’s marketing director, Patsy French, who lists Paul Stuart, Barneys and Brooks Brothers suits on the bill of fare.
“Hats and
purses do have collectible value,” says
FINE JEWELRY
Actress Ellen Barkin made $20 million when she auctioned the jewelry spoils of her failed marriage to Revlon billionaire Ron Perelman at Christie’s last fall.
“If you suspect you’ve inherited a good
piece, take it to an independent appraiser or graduate gemologist like Richard
Sherwood in
Knowledgeable dealers should be able to estimate the resale value of your piece within five to 10 percent. Crissy’s goal is to make about 15 to 20 percent on the jewelry he buys from you. Although he doesn’t advise clients to sell jewelry via classified ads, he offers a litany of cautions for those who insist: “Say you’re selling an estate and you need to act now. Tell the potential buyer the jewelry is in a bank vault. Have them meet you in a public place like the lobby of a bank, not at your home. If the buyer wants to show the piece to a relative or friend, tell them you’d rather not have it leave your eyesight. Accept only payment in cash. Printed cashier’s checks can be photocopied; go to the bank with the purchaser to cash the check.” Enough said?
ART AND ANTIQUES
Most local
dealers will give free verbal appraisals. “It’s a tradition in
McClure says the most undervalued items people sell are paintings, art pottery and art glass. A trained eye will check your painting for signatures on front and back, evaluate the condition (tears and repairs affect resale price), determine if the painting is original to the frame and look for telltale tags affixed to the back of the frame that signify the painting has been in exhibitions.
“The price you get for artwork is subjective,” Crissy says. Both he and McClure have the resources and expertise to determine whether the best venue for your art or antique is an international or regional auction house, an estate sale or a local dealer.
“Certain things should go to auction,” Crissy explains. “If a piece is unique —a Ben Franklin tall clock, for example—you let people battle it out on the auction floor.” When dealing with auction houses, photography, insurance costs, selling commissions and buyers’ premiums come off the top, so know in advance what those charges are.
Douglas Carpenter, formerly of Apple & Carpenter Galleries, says that dealers who specialize in specific types of art will often pay more than auction houses. “When an auction house has advertised a painting on the Internet and everyone knows the auction selling price, the trade says that painting has been ‘burned,’” he explains. To avoid that exposure and the potential loss of revenue, he recommends starting with trusted local experts.
Carpenter says auction houses will negotiate commissions (generally 15 to 19 percent of the sale price) if they really want your piece. You should expect to pay $300 to $500 for photography and 2 percent for insurance and shipping. “If the item doesn’t sell, you have to pay return shipping as well,” he adds.
And McClure says Sotheby’s once offered so little for a piece that her client was able to sell it for a better price locally through Crissy Galleries. But don’t expect local dealers to want to earn less than a 15 to 20 percent mark-up on your stuff. Asked if he negotiates on his retail prices, Crissy answers, “Life’s negotiable.”
UPSCALE BOYS TOYS: cars and boats
Guys may not be emotionally tied to their clothes, but their vehicles are a different story. “Our donors become attached to their cars. They name them; they associate the cars with fond memories. Rather than sell them, they want to see their wheels go for something good,” says Goodwill Manasota’s French. “A lot of people are down on their luck, and can’t get any work without a car.”
Since January 2005, any deduction over $500 requires a receipt proving the actual sale price, which Goodwill provides. The Goodwill lot sold over a thousand cars last year. “It’s a million-dollar-plus business,” French says. “We handle everything from picking up the vehicle to sending out the charity receipt letter after the sale.”
Goodwill discounts Kelly Blue Book prices by a half or a third—like the 40-foot Mainship motor yacht they’re offering for $62,000. The list on the 1993 model is $92,000. We found a 1994 Mainship motor yacht for sale on the Internet for $139,000.
If you’re
interested in cold cash instead of a deduction, check Kelly online to get a
handle on fair market value before hitting the used car lots or selling via
classified ads (carbuyingtips.com is helpful for sellers, too). eBay has a
motors division (cars, yachts, and planes), but if you haven’t wet your feet
with low-ticket items, we suggest an eBay selling expeditor like Sellit4u in
ERRANT HUSBANDS, lovers and hangers-on
We all know
how to get rid of a misbehaving spouse—that’s what good divorce lawyers are for.
But before you go there, you need to assess whether or not the marriage is worth
saving.
Lynn R. Bernstein, a Ph.D. behavioral therapist who practices in Osprey and
“A relationship is just like a worn-out old chair,” Bernstein explains. “If the patches have not helped, the sparkle is gone, the desire is subdued and there’s no life to resuscitate, then it’s time to let go of a misbehaving husband.”
Bernstein tells patients to look into the future. "Statistics now tell us we will live until 100," she explains. "It's better to learn to look forward to new changes than to continue looking backward to the old. If you’ve tried your best and it’s still not working, move on.”
FURS:
It hardly pays to keep a fur in storage here, but if you don’t, it will probably decrease in value. McClure says a 20-year-old coat that hasn’t been kept in cold storage is worth nothing. All the local charities we interviewed say they pass furs they receive as donations on to consignment shops like Encore and Designing Women. “In winter you have a chance of selling your fur to Northerners who shop the estate sales and resale stores; a local resident might buy one to send up North,” McClure explains. Another option is to send your sable or mink to a relative in a colder climate who will sell it for you.
HOUSEHOLD GOODS
Ever wonder if there really is a difference between estate and garage sales?
If your entire sale will bring in $1,500 or less, it’s probably a garage sale. Fine furniture, antiques, better china or crystal may be marketed as an estate sale, even if you’re alive and kicking. “Technically, an estate sale connotes that the owner is deceased; that’s the way it began,” says YMCA Foundation president Karin Gustafson. “Now the qualifier is value.” Premium Estate Liquidators, an auxiliary of the YMCA Foundation, has 40 professional volunteers (former appraisers, dealers and curators) who run sales in homes or combine estates for sales at their Airport Mall facility.
When the Y’s team is sent out to assess an “estate” but finds mediocre or damaged stuff, Gustafson says they advise the homeowner to hold a household or garage sale on their own. “People expect higher-end merchandise at our sales,” she explains. Indeed, regular customers request e-mail notification of the YMCA estate sales, which are attended by dealers as well as consumers.
McClure, whose sales are posted on the Web site www.appraisals4you.net, has also built a cult. But McClure says she can’t afford to handle a sale worth less than $1,200 to $1,500. “At that range, I’ll encourage people to hold their own garage sales,” she explains. If a customer is overwhelmed, McClure might refer them to a staff member who, if interested, will handle the project as a free-lancer. The homeowner pays the staff member directly on an hourly basis.
Expect to pay the Y a 30 percent consignment fee (they also take estate sale donations). McClure charges 25 to 33 percent for standard homes (retirement home fees vary) and 10 percent for cars and boats.
Cookware, everyday dishes, flatware, knick-knacks, clothing, and low-to mid-priced furniture are typical garage sale fare. (Some tips: Price every item clearly, organize merchandise neatly, set everything on tables, not on the ground, and be sure it’s all clean.) “At garage sales, we keep linens in nice orderly stacks, and we display kitchen items as neatly as we can on counters and tables,” McClure says. “You should stage the home as much like real rooms as possible. That’s what sells; that’s why furniture stores set up rooms.”
Consignment stores, whether for-profit independents or those affiliated with local charities, are an option for housewares and linens when you don’t want strangers tramping through your home. Each store charges different commissions; check the contracts and days they’ll accept specific merchandise before you show up.
You might
have a problem re-selling contemporary and reproduction furniture now that
prices for new merchandise are half of what you would have paid seven years ago,
says Bob Harris, owner of the 20,000-square-foot House of Lords in Osprey. The
reason for the drastic price drop is offshore production, according to industry
publication Furniture Today. Over 50
percent of furniture sold in the
Still, House of Lords and other resellers are stocked to the brim, enough to be picky about what they’ll take. The inventory is the result of moves, downsizing and a lot of decorating mistakes, Harris explains.
Harris says lavish retirement homes have become increasingly attractive to Sarasota-area seniors, and when they downsize to move into these facilities, houseloads of furniture come in. “It’s a major, growing trend,” Harris says. “The sons and daughters tell us to get rid of the furniture; they’re interested in the money, the property and the land.”
Harris takes in art, china, silver—anything but clothing. The company pays 60 percent of the selling price back to the consignor and offers furniture pickup for a nominal fee. Remember, after 60 days you must pick up your merchandise, or it becomes the property of the store.
If you just want to get the stuff out of your house, Goodwill Industries and Habitat for Humanity will haul it out, often within 24 hours of receiving your call.