Category Archives: Estate Sales Costs
Today there are more than 15,000 estate sale companies working across America. Choosing an estate sale company should be about experience, reputation, reliability and integrity. The very last consideration should be commission or a fee.
Speaking with an estate sale company, asking to see referrals and conversing with them, reviewing their experience.
Seek out reviews on the internet and don’t hesitate to ask the estate liquidator about the reviews, especially those in question.
So many companies have come on line that it is now more important than ever to ask about their experience in the business, how they got into the business and why estate liquidations.
The very last question should be about commission and in the end this is not that important. If an estate sale company does a poor job a low commission won’t help you.
Like any other specialist, estate liquidators consider all their costs, plus the profit they need to make their living and the commission is usually based on that.
When choosing an estate sale company, choose by previous results with others, not what they want you to pay and make sure you sign an estate sale contract that covers everything. Success doesn’t just happened, it is earned and comes from knowledge. Be a savy consumer and choose wisely.
Exciting estate sales will start taking place after this 4th of July weekend.
One of the estate liquidations will be the third week of July in Newton, Massachusetts by Trilogy Estate Sales of a famous chef. This estate sale made in the Boston Globe.
EstateSalesNews.com is taking a long weekend starting today to celebrate our Independence day with family and friends.
We will return Tuesday, July 5th. Until then we would like to offer you the following links to our archives to answer and help with questions you may have.
700 plus articles are available to you 24/7 and we encourage you to utilize them to provide estate sales information, tips, and news.
Have a happy and safe Independence Day. We thank all those who have and continue to keep us safe and free. EstateSalesNews.com loves the USA.
Pricing estate sale contents is important and can be challenging for estate sale companies.
Whether you are selling contents in Chicago, IL, Los Angeles, CA., Summit, NJ, Orlando, FL, or Detroit, MI. your prices will reflect the geographics of your location.
For estate sale companies where and how to research is important and for estate liquidators that starts with experience and knowledge in the personal contents liquidation business.
Years ago estate liquidators bought books by the dozens for everything from art pottery to Victorian furniture, general items, antiques and collectibles. Each year estate liquidators would buy the most recently published books for research, however, geographic locations were not included in these books.
Now with the internet, research is available at your finger tips. This doesn’t just include eBay. Estate sale companies have the ability to look at what other estate liquidators in their area are selling on such websites as EstateSale.com and others. The can also look at the prices on AuctionZip, Worthpoint, and other auction and resale websites.
One of the largest generations in our history, the baby boomer generation, has helped to create a boom in the estate sale industry, changed the way estate sales work, and the costs associated with estate sales.
Ten years ago holding an estate sale you payed a commission to an estate liquidation company or a flat fee and possibly paying an outside source to provide a clean out after the sale. The commission or fee was set by the estate sale company and was the same for almost every sale they conducted.
Not so today. The majority of estate sale companies now carry liability insurance, important for them and sellers. Workman’s compensation is also an expense for hundreds of estate sale companies. Estate sale companies that hold more than one estate sale per week or handle large content sales have had to add staff to handle the volume of sales they are working, advertising has gone from placing an ad in the local paper and hand made signs to marketing with estate sale advertising websites such as EstateSale.com (including featuring large or unusual sales an extra cost. Each estate sale adverting website is different and has varying costs), Facebook (and boosting the post for the sale) professional signage, brochures, memberships in associations, email targeting lists, and clean out costs either by the liquidation company or a company that specializes in clean outs of property.
Many people moving, downsizing, or selling off a family home, fail to realize that once you have signed an estate sale contract it is binding just like any other contract. You have committed to an estate sale company and they have committed with you. For this reason it is important to you as a seller that you understand the contract and ask any questions. Do not feel hesitant or intimidated to say I don’t understand this clause. The estate liquidator wants a clear understanding between you both and a good working relationship.
Estate sale companies are discovering (especially in packed homes) that sellers are coming in after they begin their setup, and remove items they hadn’t seen in years. This is not the way it works and most estate liquidators have a clause in their estate sale contract that says they may charge you a full commission on any items removed.