Who Should Price Your Estate Sale?

esate sales Estate Sales News hears from sellers and estate sale companies about pricing at estate sales on  a regular basis.

When an estate sale company has a face to face interview with a seller this is the time to ask them about pricing. How do they arrive at the prices placed on merchandise, do they need the assistance of a certified appraiser, and what if the estate sale company and seller disagree on prices for various items.

An experienced estate liquidator should be familiar with the selling prices of most items in their local area. If there are unique or highly valuable items will they bring in a certified appraiser or research on the internet. An appraiser can provide insurable value, replacement value or market value. Each is different.

An estate sale company cannot give you an accurate value of the estate without spending a considerable amount of time (which most would or should charge for) because not only is research required, but time must be spent going through every cupboard, box, and drawer to ascertain there aren’t any hidden gems they are unaware of. Time is a valuable commodity for an estate liquidator and an accurate assessment requires time and that costs money in many instances. The best answer a seller should expect is that the estate or moving sale will produce financial results, but until the company is hired and working they can’t give an evaluation and even then factors such as weather, the local economy and other area activities and sales on the same weekend can also have a part in the economic outcome of the liquidation.

 

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