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Posts Categorized / estate liquidators

  • Sep 04 / 2018
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Antique Collection, antique dealer, Antique Estate Sale, Estate Liquidation, estate liquidators, Estate Sale

Why Should You Hire A Professional Estate Sale Company? Here’s Why…

Have you inherited an estate you need to liquidate, or are you ready to sell much of your own estate? If so, you need to consider hiring a professional estate liquidator. These experts do more than just hold auctions or facilitate sales. They’re experts in what they do, and they know how to get the most out of your estate. Here are a few more reasons why hiring expert liquidators is the way to go.

Why Should You Hire A Professional Estate Sale Company

They Will Handle it All

If you’re preparing for an estate sale, you may already feel overwhelming with the amount of work you have to do. If you hire one of the best estate sale companies, they will take care of everything for you. You won’t need to worry about advertising the sale, keeping everything organized, or doing anything the day of the event.

They Have the Tools

These companies do estate sales regularly, so they have all of the necessary tools. This includes all of the tables and display cases, cash registers, credit card machines, and everything else that’s needed to organize the estate and keep sales records.

They Have the Manpower

If the estate you’ve inherited contains items that have been collected over 40 or 50 years, it’s a huge task to sort through it all. You’ve likely set aside the items that have truly sentimental value or that you want, but what about everything else? Companies that do estate sales & auctions have the manpower to quickly sort through large estates and categorize everything. In most cases, the sale can be done within a few days.

They Provide Accounting

Finally, experienced professional estate companies will offer you a full account of everything sold and what it sold for. You’ll need this information for taxes and, potentially, for probate court. It’s vital that your accounting be accurate for these reasons, so you need someone handling sales who knows how to keep it all organized.

  • Nov 15 / 2017
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antique appraisal, Antique Auction, antique dealer, antique liquidator, antiques liquidator, Estate Liquidation, estate liquidators

Complete Liquidation guide: Avoid Getting Gouged

Online antique buyers

If you hear about an estate sale or liquidation, you may be quite excited—it could be your chance to pick up some valuable antiques for a very good price, especially if no one there knows the true value of the items. In fact, some people seek out antique liquidation sales to purchase items for next to nothing and then sell them online at a higher price, making a nice profit for very little work. But that’s not always the case. Sometimes, it seems like the liquidators have set the prices so high that you’re the one getting gouged. How can you avoid that? Here are a few tips.

Liquidation sale Sarasota

 

Know What You’re Looking For

Many antique liquidators are betting on impulse buys. They know the people who come to their sales aren’t looking for anything specific. Instead, they’re just there to browse the discounts and pick up what they can at a bargain price. They don’t expect you to browse through what they’re offering and walk away if you don’t see certain things. They hope you get dazzled by all the offerings and pick out things that look like bargains, even if they’re actually not.

 

Know What’s Valuable and What’s Hot

best place to sell Antique

Of course, you may see something at the sale that you weren’t really looking for but is simply too good to pass up. If you’re shopping to sell your purchases later, you need to know what’s truly valuable and what’s really hot right now. By doing a little research, you’ll know what your customers want so you can walk into an antique liquidation service sale with a shopping list. You may not find everything (or anything), but you’ll know what you should invest in. You may still find the prices higher than you’d want to pay (these services do their homework, too), but you’ll know what you can easily sell and what you can’t.

 

Go as Soon as Possible

Antique sale

Some liquidation sales last for several days if it’s a private estate or weeks if it’s a store or antique service. The earlier you can go, the better selection you’ll have. However, prices are likely to be higher earlier in the sale. If you want to really look at the bargains and maybe even haggle a bit, go on the afternoon of the last day. In most cases, the estate appraisal & liquidation service gets a percentage of the sales, and they’re going to want to make as much as possible before they start dropping prices.

 

Be Certain to Carefully Look Over the Entire Item

Best Antique Collection

It’s not uncommon for small scratches, dents, or other damage to be overlooked or even ignored by the service hosting the sale. If you find imperfections or damage, bring it to the attention of one of the attendants there. It’s likely you’ll be able to negotiate the price down. Of course, you may not be able to sell the piece for what you’d like if you can’t repair it. It helps to know whatyou can and cannot fix, too, so you know whether or not to even try getting a discount on the item.

  • Aug 17 / 2016
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estate liquidators

How To Find An Appraiser

When you are looking to sell your antiques, making sure you get a fair price for them is crucial- but how can you be sure? Finding a local appraiser you can trust is the key; these tips will help you determine if an appraiser is trustworthy.

Ask friends and family for recommendations

This can be an excellent way to find local appraisals experts who people you trust have already dealt with. However, keep in mind that the items your friend had might be very different from yours and not every antique dealer or appraisal professional is knowledgeable about certain items, so if yours are rare it might be more difficult to find an appraisal. Ask for recommendations, and try to find at least 2-3 different professionals who you can speak to and get a feel for their experience and expertise.

Antique collection

Professional appraisals

A professional appraisal will be done by certified members of various appraisal societies. As Consumer Reports states, you can find a certified accredited appraiser by looking at these groups.

Professional appraiser can cost a few hundred dollars, and will provide a written report which will include a description of your piece and estimate its current value. Consumer Reports also notes that a certified professional will not have conflict of interest. When an appraiser does not believe a piece to be valuable enough to warrant a written appraisal, they might recommend price books or other resources you can use to find the value.

Go to a Major Local Antique Show

Local or regional antique shows can be a source of appraisals, and near large metro areas these shows often have professional appraisers and antique experts who offer free or discounted verbal appraisals. Some of the more well-known shows employ a professional appraiser when the tickets to the show are purchased, so though you might have to pay to enter the show, you can access a knowledgeable appraiser for complimentary valuations of the pieces you bring. One downside is that the number of pieces you are allowed to have appraised in these shows is often limited to a few items, so if you have a large collection of estate it is not efficient.

Ask Antique Shops and Auction Houses

Most antique auction and estate liquidation facilities offer free appraisals, although these are often not completed by certified appraisers. Still, these antiques dealers will know a good amount about most antiques, especially if they have been in the business for many years. These are informal appraisals, and you should be sure that you research the shop first and ask for their qualifications. If you have doubts or concerns about the appraisal you received at one place, it may be wise to find a second opinion from another expert appraiser. YOu can contact the owner or manager, and request if they offer free verbal appraisals.

Major auction houses, even ones such as Sotheby’s and Christie’s, occasionally offer free verbal appraisals open to the public, you can look on their websites or in their newsletter updates for free valuation or appraisal days.

Notes for Receiving a Good Appraisal

If you have it ready, bring in details on the item’s provenance, the history and any paperwork you have on the piece. Don’t be afraid to ask for previous customer feedback or have a second appraisal done.

  • Aug 01 / 2016
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antique appraisal, antique liquidator, Estate Liquidation, estate liquidators, Estate Sale

Pros and Cons of Using Estate Liquidation Professionals

When you have to sell a house, the easiest part is getting the realtor to list it and show. The hardest part is what you do with all the stuff that has accumulated over the years. From clothes to furniture, from knickknacks to art, all of this has to be sifted through to determine what you want to keep and what has to go. And then there are vehicles.

Many people consider a garage sale, but those people frequently find that once they start going through the house, they realize what a daunting and time consuming task they have decided to take on. Enter the liquidators who have experience and also do not have an emotional attachment to any of the items in the home.

Estate Liquidations

The Pros of Liquidators

There are many advantages to using estate liquidators. Here are a few of them.

  • Many items have value simply based on the current market. What’s worth a lot today may be worth next to nothing a few years after you buy it Professional liquidators know the market and price accordingly.

 

  • Professional liquidators have a clientele who follow them from estate sale to estate sale. Liquidators can increase the visitors to your sale using their networks in a way you could never do. Increased visitors ensure increased sales.

 

 

  • You can contract with them to dispose of whatever is left after the sale, so you don’t have to deal with it.

 

  • You avoid the time and work involved in sorting, organizing, pricing, and tagging the items you want to sell. You don’t have to be present for the sale.

 

  • Liquidators will also work with your realtor to identify potential buyers and to disseminate the realtor’s listing to these individuals.

 

The Cons of Liquidators

The biggest drawback that folks see with liquidators is that they take a percentage of the gross profits from the sale. Though you may think this is unfair, when you realize what is involved in organizing a successful estate sale, you will understand that this is a small price to pay.

One important consideration when looking at liquidators is that for the most part, this business is unregulated. It is important for you to do your due diligence when deciding what company to contract with. Search the Better Business Bureau and look for reviews on the internet. There are liquidators that are certified by the American Society of Liquidators (ASEL). This organization can also refer you to reputable estate liquidators.

  • Jul 05 / 2016
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estate liquidators

Key Issues to Consider While Liquidating Your Property or Estate

There are a lot of factors in play when you are selling a house and liquidating your property, not the least of which is who will do the liquidation. Though you may be tempted to try to hold a garage sale on your own, once you begin you will quickly realize that this task is time consuming, frustrating and that you have a lot more stuff than you ever imagined. Many people start the process and quickly abandon it simply due to the sheer volume of items that they have to sort through. Another reason not to do it yourself is because you may unwittingly throw out something that to you looks like junk, but a liquidator knows has value.

When you turn to an estate liquidator there are factors you should consider.

Before Contracting with an Estate Liquidator

Estate Liquidators

Before contracting with an estate liquidator there are issues that you should consider and prepare for.

  • If you are selling vehicles or any titled means of transportation you should be sure you have the title and registration and are legally able to sell those items
  • Be sure you have all of your paperwork in order such as a will or Power of Attorney. The liquidator will need this to verify that you can sell the goods on the property and enter into the contract.
  • If this a family home, be sure that everyone in the family agrees to use the liquidator and by all means, get it in writing from each of them.
  • Ensure the liquidator can hold the estate sale in the time frame you need. Many are booked months in advance which may not work if you have a sales contract on the house.
  • Be sure the liquidator you choose is reputable, bonded and insured. Reputable & professional liquidators will require that your homeowner’s insurance is up to date. They will have employees on your property and you may share any liability if they get injured.
  • Be sure you include in the contract what the liquidator is to do with any items that are unsold at the end of the sale.
  • If you want the property ‘broom clean” and ready to sell at the end of the sale, make that is in the contract.
  • By all means contact multiple companies and meet in person with each of them to show you the house and its contents. No one can give you a valid quote of even their commission if they haven’t seen what it is they are selling.

 

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