Tag Archives: estate sale commission
Selling Before The Estate Sale Can Cost Sellers Commission
Selling before an estate sale can cost sellers a commission.
Sellers, understand that when you sign an estate sale contract you have signed and agreed to the terms in the contract. It is just like any other legal document.
Have signed a contract with an estate sale company? If your home is for sale and your buyers want to buy any of the contents this should be done through the estate sale company. 99% of estate sale contracts include a clause that specifies that any items not excluded from the sale prior to signing the contract will be subject to the commission amount charged at the sale.
Estate sale companies do this as a business. They make their living and pay their bills through this.
Sellers, you leave yourself open to going to court if you start pre-selling or withdrawing items after signing the contract. Estate liquidators determine whether to accept a sale based on what will be sold by them.
Realtors should not encourage sellers to buy without the estate sale company either. The Realtors also cannot and should not receive a commission for this. They can only be paid by their Brokers.
Sellers you should also not ask for a reduced commission. If you want to sell to your buyers prior to the sale with a signed contract expect to pay a commission.
Sellers Protect yourself from legal action and respect the estate sale company.
Estate Sale Commission Last Consideration!
The estate sale commission is your last consideration and here is why.
So many estate sale companies have come on line in the last three plus years competition has become fierce. Many new companies try to compete with a lower commission.
When looking to hire an estate sale company, the estate sale commission should not be what influences your decision. Consider the following before you even ask about the commission.
How long has the company been in business? How did the liquidator gain knowledge and experience to sell personal property contents?
Ask about the estate sale company staff and if they have experience.
Advertising is so important with so many estate sales. Ask where and how they advertise. Do they have a private email list of customers that they send to each week?
How do they conduct their set-up and staging.
Do they research for pricing and where do they look for information. eBay should not be the only answer. Experienced estate liquidators know where to research.
Why Commission Is the Last Consideration When Choosing An Estate Liquidator
It is always a process when downsizing for a move or eliminating a loved ones possessions. STOP – call a professional estate liquidator.
Estate sale companies do not have emotional attachments and this can be a huge asset to you. An experienced and knowledgeable liquidator can help in so many ways.
If you are downsizing having someone from the liquidation industry to discuss what you need to accomplish and review what you will need to sell can ease the process. They can advise you about what to expect your unneeded belongings may realize at a liquidation sale and if anything specific should become a donation. Experienced and knowledgeable estate liquidators understand the stress of downsizing and can make the process a more comfortable one thereby allowing you to move forward to the next great adventure in your life.
The loss of a loved one is never easy and the disposal of personal belongings can be overwhelming. The estate sale company you choose can ease the burdens associated with the elimination of personal contents that hold memories.
When choosing a liquidator there are so many considerations to decide who will work best for you. We have a printable list for you to work with on our Front Page with a Tab, Click Here For the Printable List to access the list now.
The last consideration is the commission that an estate sale company charges. If you hire strictly based on what it will cost to hold the sale, the results may not be what you were hoping for.
Today the expenses of conducting an estate sale for a liquidator are much higher than they use to be. Judy Martin wrote an article that was published here on Estate Sales News about “The Cost Of Conducting A House Sale”.
Choose wisely. An estate sale company can be your best and most important asset during the trying and difficult times that happen in your life.
Estate Sale Costs – What am I paying an estate sale company for?
Estate Sales News frequently encounters people considering having an estate sale and asking that question.
When you hire an estate sale company you should be hiring a professional liquidator. A company with an experienced owner and staff, knowledgeable and reputable . An estate sale professional should know how and where to research items, how to promote and advertise your sale. Are their staff trained and do they work with them on a regular basis should be considered. A question to be asked is where do you get your audience from? Do they have followers from the Internet, newspapers or email sign-ups.
Whether you are paying a commission or a fee you should be getting an estate sale company that is worth what you are being charged. In many places across the United States the competition for estate sales has become a competition in who can charge the least or to put it bluntly the cheapest. This begs the question if they are cutting their commission or fee to the bone what else are they cutting? Are they understaffed to save costs, will your sale be poorly advertised, are they using untrained or inexperienced staff?
Conducting an estate sale properly is a profession and requires professionals. You should not ever choose the company based on just the commission or fee charged.
