Category Archives: Professional Liquidators
We have all been working so hard this summer. It seems that there is not a moment to review, reassess, and rejuvenate ourselves and our work. But these things are so very important for a successful work life as well as a successful personal life. Our profession is becoming so tight, so many deadlines, so many little jobs to complete to make the big job successful. So many more demanding clients and customers – how do we please all of the players in this drama called estate liquidation. I think I am coming to the answer –
Take care of ourselves physically, spiritually, and intellectually. We each need to take time for our physical well-being. Exercising and I don’t mean moving furniture around, setting up tables, getting on ladders to dig out the attic. I mean focused body movements, whether it is walking, yoga, or cardio – whatever works for you, do it for yourself. It makes you feel better as well helping you to stay strong.
Everyone has their own spiritual process. Maybe a small or big prayer each day, a meditation process, volunteering for a charity of some kind, helping with rescue animals, whatever it might be. Sometimes we need a little more for own wellbeing. But we each need some type of process to help us keep strong emotionally when the public gets a little too much in our faces.
As we all know, we drive a lot – so one of the ways I have begun to work on my own spiritual self is while I am driving. I don’t turn the radio or music on any more. I don’t take calls if they are not important while driving (using a bluetooth). And I calm myself for my days work by reciting a poem, a prayer, listing people I love in my head and being blessedly quiet.
One of the best parts of this job is the knowledge we gain and the knowledge we share. Everyday, and I mean everyday that I am working, I learn something. And most days, I teach someone something. It is the part of the profession that keeps my brain excited and happy. So easy to do, so simple to achieve.
I am trying to handle a lot of issues these days, both business and personal. But I do think I am finding my way though the maze. I took time this summer to spend with some of my family at the beach. It was one of the best things I have done for myself in a long time. I came back refreshed and ready to get on with my work. But more importantly, I came back with the knowledge that I am in charge of my life; in charge of how I react to the things that happen; and in charge of the work I want to do. And knowing this allows me to take better care of my clients and better care of myself.
Good advice from Judy for all small business owners.
Baby Boomers continue to age and retire, and unfortunately there are some with debilitating diseases such as dementia, Alzheimer’s disease, and memory loss.
As family and loved ones work to assist them it often becomes necessary to hire an estate sale company or liquidator to help them downsize to enter a care facility or even move into a relatives home.
It is common for the family or a relative to sit down with their loved one to discuss what must be done to make their life simpler and easier for them. The family may have an estate liquidator sit in on the first discussion allowing the liquidator to meet and interact with the prospective owner and family. However, because of the nature of the health issues they are facing, the person may not recall these conversations and the various discussions of what they will need to sell or who will take charge of the final distribution and including the clean out of the property when the sale is concluded.
Important for all parties, especially the family or relatives and the estate sale company is to have a contract that covers all aspects of the sale including final disposition of any remaining articles and the pay out of the net proceeds and who will receive these funds. The contract should be signed and initialed by all parties involved. If there aren’t any younger family members involved you may want to have an attorney present or signing off for the protection of the family member and the estate sale company. If so this should help avoid future issues of the selling of personal property contents. The need for an attorney is not always necessary, but this is another benefit of meeting with the future prospective client. *Please note Estate Sales News and the editor is not an attorney and we do not provide legal advice. Please seek out an attorney for legal counsel. The information presented here are recommendations only.
A brief check list.
Be sure to have at least one or more family members or friends present at each discussion and contract signing. They should be the responsible party for their relative and their signature and initials should be present on each page of any documents signed.
Copies of contracts should be kept be each party involved.
Any items that are not to be included in the sale should be clearly written on an addendum, that is initialed and signed by all parties.
The family or responsible party for the ill individual should be the contact person and this should permit the estate liquidator to conduct the estate sale agreed to by the parties in the contract.
Caring and providing emotional security is in the hands of family and friends, however, estate liquidators are compassionate and do their very best to work with responsible parties within the confines of the signed contract.
When you are considering what you need take a look at what it is you want to sell, how much there is of it, why you are selling it (that affects price) etc.
If you don’t have that much, it’s just “stuff” or if it won’t sell for much do not call an estate liquidator. In today’s world most experienced liquidators are looking for contents that will be financially beneficial to you and to them. The cost of doing an estate sale for the liquidator has increased significantly over the past few years. See Judy Martin’s article published May 4th, 2015 here on Estate Sales News about the cost of an estate sale.
If you are in doubt contact an experienced professional liquidator and talk to them about what you have, your goal, and the size of your home and it’s contents. They will ask you questions that can help them determine what you should do and if they can be of service.
Yard sales are just that, but an estate sale is a professionally conducted sale of personal property, staged, advertised, researched and priced and involves staff as well as the liquidator.
It’s Wednesday and many estate sales begin tomorrow so get your estate sale kit and route ready and happy shopping.
I have been thinking about the word, Best, lately. What makes a company the “Best”. What makes a sale the “Best”. What make a buyer the “Best”. It is an adjective defined as : of most excellent, effective or desirable type of quality. But how do we determine the “Best” when evaluating all of the items we evaluate week to week.
Is it the “Best” you have ever seen? But if you have only seen two of something, does that mean you know the difference. However, if you have seen hundreds of something and this particular one is the “Best” then does that interpret to a higher price? Maybe, maybe not. The real price indicator is will the collector who is buying the “Best” pay more for this item because it is the most excellent of it’s kind. All things being equal, the answer would be yes. So as a liquidator the price would be higher for the “Best”. One of the important parts of this discussion is that as the liquidator you need to know what the “Best” is in a particular group or property. A fair price cannot be made if the seller doesn’t know what the “Best” is. Everything that a liquidator deals with must be graded either by the seller or even perhaps sent away for an expert opinion.
So not only is the liquidator evaluating the items for sale he/she must be constantly educating themselves in the good, better, best in the world of personal property. It is a never ending process. But each time we see something new, learn something more, we become more secure in our knowledge which in turn helps to make each of us the BEST at what we do.