Tag Archives: 2017

A New Challenge For Estate Sale Companies In 2017

2017 is ushering in new challenges for estate sale companies.

New liquidation firms (auction houses) in particular are expanding to meet the constantly changing requirements of liquidating personal property.

Many auction companies have been servicing the public selling their personal property, however, bigger auction houses are now becoming engaged with liquidating personal property that they otherwise would not auction off.

Once again the term vetted is being used, but the question is who sets the vetting requirements and standards? With no national requirements it is important that sellers ask in depth how a company determines what vetting requirements they have and how they arrived at them.

Many associations require specific requirements from their members, however, this is not a national or state regulation. USPAP – used in appraisal (mainly real estate, but also for appraisers of personal property) is one of the few regulated requirements.  Please see the USPAP article in our archives by Judy Martin, ISA, CAPP. Just type in USPAP in the search area on the left side of the front page.

Estate sale companies are challenged by these new firms entering the market place. Established estate liquidators have a working knowledge of personal property and the many needs for a successful sale. Auction companies that also sell personal property on a regular basis also understand what is required for them to succeed.

Sellers as recommended several times here on EstateSalesNews.com be sure you do your own due diligence. Take responsibility before you sign a contract with a company that you are satisfied you have asked all the appropriate questions and feel trust and confidence in the liquidator you are hiring. It’s your financial bottom line.

2017 Welcomes New Estate Sales

2017 has arrived and with it more estate sales.

The weather is the concern for most estate liquidators in winter. The southern states rarely have concerns, but states like Michigan, Ohio, Minnesota and winter weather states plan accordingly.

These plans usually include alternate dates, who’s in charge of plowing the driveway and salting the sidewalks and parking restrictions.

Northern estate sale companies have a lot to consider when scheduling winter estate sales.

Our southern states and southwest estate liquidators are more fortunate.

Wherever you live please check with the estate sale listing websites to learn what contingency plans are available.

EstateSale.com

EstateSales.net

EstateSales.org

This year will see changes and additions to the estate liquidation business.

Many estate sale companies took time off over the holidays to rest their staff and themselves.

EstateSalesNews.com will be reporting on what’s new, important, affects buyers, sellers and estate sale companies.

From EstateSalesNews.com we welcome you all to the new estate sale season. Hello 2017.