SIC Code 7389-81 - Estate Sales
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SIC Code 7389-81 Description (6-Digit)
Estate sales is a business service industry that involves the liquidation of personal property, typically from a deceased person's estate or from downsizing and moving. Estate sales are often conducted by professional estate sale companies who are hired to organize, price, and sell the items in the estate. The goal of an estate sale is to sell as many items as possible at fair market value, while also maximizing profits for the estate.
Hierarchy Navigation for SIC 6-Digit Code 7389-81
Parent Code (less specific)
Tools
- Price tags and stickers
- Display tables and shelving
- Cash registers and credit card machines
- Advertising and marketing materials (e.g. flyers, signs, social media)
- Security measures (e.g. cameras, personnel)
- Appraisal tools (e.g. price guides, research materials)
- Packing and moving supplies (e.g. boxes, tape, bubble wrap)
- Cleaning supplies (e.g. dusting cloths, cleaning solutions)
- Lighting equipment (e.g. lamps, spotlights)
- Transportation vehicles (e.g. trucks, vans)
Industry Examples of Estate Sales
- Estate sale of a large family home
- Downsizing sale for a retired couple
- Liquidation of a business owner's personal property
- Estate sale of a collector's items
- Moving sale for a family relocating to a smaller home
- Estate sale of a deceased person's belongings
- Retirement community downsizing sale
- Antique dealer's estate sale
- Estate sale of a hoarder's possessions
- Estate sale of a wealthy individual's assets
SIC Code 7389-81 - Estate Sales
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