Tag Archives: Estate Sale Process

Understanding The Estate Sale Process
Understanding the estate sale process is very important as the liquidation business continues to grow.
Estate sale companies cannot commit until they have seen everything you are selling. The company needs to decide if there is enough in the sale to make it profitable for them.
Estate liquidators have many expenses such as insurance, staff, supplies, security and the time needed to prepare the sale. Liquidators have to include their advertising costs to compete with the growing number of estate sales.
Sellers hiring an estate sale company should recognize that they have a multitude of expenses. Working to create a successful sale for you to the best of their ability requires knowledge and marketing experience.
Estate liquidators also need empathy in many cases for clients.
A strong estate sale contract that protects and explains the estate sale company obligations and the sellers obligations is very important in the process. Many estate sale companies have their contracts prepared by attorneys.
The estate sale company may have a membership in associations such as the NAOEL. These associations and societies charge a fee to join and a yearly fee for membership. They also provide education that they charge the estate liquidator for.
The estate sale company incurs the cost of excepting charge cards. Fees are accessed and each company decides whether to charge them to a seller or absorb them. This may be part of their commission. Each estate sale company is different.
Sellers should understand what is required to prepare and conduct a sale. Reviewing the estate sale process with any estate sale company you are interviewing is important to avoid future misunderstandings.
Learn About Estate Sales – Estate Sales News Your Internet Source
Yesterday when I went to the hair salon I was waiting for a shampoo and a lady sitting next to me over heard my conversation about today’s trip to Chicago to cover an estate sale.
The woman asked me what I did and how I was involved. When I explained to her that I was the editor of Estate Sales News, an online source to learn about estate sales, what they are, the process, how to find and hire an estate sale company, etc. she said do you have a business card?
She proceeded to tell me about two different friends. Different circumstances and locations, but both of them had homes filled with personal items and they needed to sell the contents off. One had just gotten divorced and the contents were part of her settlement, the other needed to drastically downsize.
Estate Sales News is not a site listing for estate sale companies or estate sales, but we do provide you with the information about what an estate sale is, where to look for estate sale companies, what to look for in an estate sale company, interviewing, the estate sale process, how they price, security, and many more facets of the estate sale industry. EstateSales.Net, the largest and oldest estate sale listing site has us as a resource for estate sale companies listed on their site.
Recently we have had estate sale companies contacting us about how to find insurance, the clean out process, marketing, and a host of other topics of benefit to them.
If you are looking for information about estate sales, news about the estate sale industry and of course news worthy estate sales we hope you’ll find it here or contact us at contact@estatesalesnews.com
Back from Chicago later today.