Old 11-10-2013, 03:10 PM
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WTxRed
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Join Date: Feb 2012
Location: West Texas
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Default I need some advice please on making an offer on an estate Stash...

I went over today to look at the stash that a friend's mom has acquired over the past 15 years or so. There is a LOT of fabric. There are appx 47 of the big plastic drawers (roughly 17X20x5)and then another probably 10 big bags that have anywhere from 10-20 yards each in them. Plus a banquet table stacked 10 high by 5 or 6 rows of pizza boxes that are scraps, orphan blocks, and waiting to be assembled blocks.. I didn't have the time to look thru many of the bins, nor thru the big bags., much less determine what was actually in them. There were a few kits, Fq's, 1 yd cuts, etc. A lot of good quality, name brand fabrics. Some of it was in great shape, some of it had gotten a little dirty.

I know if they sell the drawers individually, they are going to ask $25/drawer. I'm not sure that's a 'great' price since I didn't have the chance to really determine what's in them. On today's markets, that could be 2-3 yards per drawer. I know a lot of this fabric was bought 10 years or so ago. Does the price still ring true for something that's 10 years old? I understand them wanting to get the most they absolutely can - they asked me if they were going to sell it in lots, what would be the best way to do that. They are not interested in eBay. We live in a small, rural area and not a lot of 'options'. I don't know what to tell them.

I am toying with the idea of making them an offer on the whole thing, without either of us going thru it in any more detail than we have today. I'd possibly keep about 1/2 of the fabrics. My offer would be considerably less than the $25/drawer but they'd be 'done' with it.

They do know what fabric sells for today and I 'think' that may be what they've based their pricing on.
I don't know what fabrics sells for in thrift stores or garage sales.

So if you were in my shoes, 1) how would you come up with an offer and 2) if I decide I really don't want this volume of fabric - how would you sell it?

Sorry to have run on with this... Thanks in advance for your comments!
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