Tag Archives: auction
Storage Unit Filled Estate Sale Or Auction
Storage unit filled, estate sale or auction. Questions to be answered.
EstateSalesNews.com has received many calls and emails from prospective sellers concerning the liquidation of personal property they have stored in storage units.
Sellers want to know what venue to use.
First question is how much is stored? What is stored? Have they asked the storage unit company if they could sell from the unit?
Many estate sale companies will not sell from a storage unit. The estate sale company has to look at what is going to be for sale, how can they display, will the storage company allow it and is it financially equitable for them?
Simply unpacking boxes to examine what is in the storage unit(s) can present a challenge.
Many estate sale companies are not set up to remove property from a storage facility to another location. On site estate sales are easier to look at and stage. They usually provide space for parking and traffic.
There are some estate sale companies that will provide the service, but usually at a much higher commission because of the work and restrictions involved. Some liquidators may offer to sell via online auction. Other estate sale companies offer both on site estate sales and auctions.
Auction companies may choose to pick up the contents of a storage unit and move it to a facility to be included with other partial contents in an auction.
If you are moving, downsizing or liquidating a loved one’s stored belongings, all of the above needs to be considered and investigated to determine what liquidation process will work best for you and if anyone in your area can assist.
Do not hesitate to consult with your local estate sale companies. If they cannot assist you, they may provide leads as to who can.
Knowing your local estate sale companies can provide you with knowledge to make wise, informed decisions.
Estate Sales, Online Auctions, Auctions, What Works For You!
Estate sales, online auctions and auctions are now in the national spotlight in print and on the internet.
Liquidations have become big business and which way you choose to sell your contents is now presenting sellers with decisions as to what will best work for their needs.
Many sellers with entire house contents choose an estate sale. The contents to be sold remain on site, with sorting, staging, pricing and selling all done within the home. Items have specific prices at the start of the sale and you have the ability to personally examine the items. The dates of the estate sale are fixed and hours set. Estate Sale companies advertise the estate sales with photos and the description on national estate sale advertising websites. The sale takes place within a two to four day time frame. It is usually impossible to live in the property once the set-up of the estate sale has started. As sales are made the articles are removed from the home. At the conclusion of the sale the commission or fee charged by the estate sale company will be deducted from the gross proceeds and you will receive the net amount from the sales within one to two weeks usually. Each estate sale company has their own payout time frame.
An online auction is conducted via the internet. They don’t usually contain the entire contents of a home. Most online auctions are suited for a limited number of items. They are removed from the property, photographed, posted online and the auction is run for a specific number of days. A decision is made by the seller and the company conducting the auction if any items will have a reserve (a minimum sale price) before the item is put up for sale on the internet. Most companies will charge a commission on the gross sales and pay you the net proceeds when all the contents have either sold or at a specified time (weekly, monthly, etc). They may also charge the buyer a commission or buyers premium. An online auction provides an internet audience and the major estate sale listing websites provide for online auction advertising for the items to be sold. The one major difference from an estate sale is you cannot handle the item. You see photographs and descriptions only.
Spring Time Is Only Weeks Away – Estate Sale, Moving Sale, Consignment or Auction
Now that Ground Hog Day is past spring is approaching and with it come decisions about moving, downsizing, relocating, or just a clean out.
For those in our audience that are doing more than just a clean out it is time now to start deciding what you want to keep and what you don’t. Then comes the big decision, how to eliminate all the unwanted or unnecessary items.
Now is the time to start looking for estate sale companies if you have more to eliminate than keep. You might even consider finding an estate sale company that would conduct what they call a partial sale, where it is limited to just a few rooms. Not all estate sale companies perform this particular liquidation, but it is wise to ask.
Start asking your friends, relatives, Realtor or attorney if they can recommend an estate sale company. Also start looking at estate sale listing websites like EstateSales.Net, EstateSales.org and Estatesale.com to see who is working in your area. There are other listing sites as well to check out.
When speaking with liquidators ask them if you don’t have enough for a sale if they would consider buying out what you have, take on consignment or recommend a local auctioneer that may do consignment auctions for small lots.
You may also want to inquire with an estate sale company if they assist in a clean out. Many now perform this function for a fee as well. The estate liquidation business has many facets today.
With the last 6 or so weeks of winter left (hopefully less) now is the perfect time if you are going to relocate to get the chore of sorting through and making your key decisions, but remember – if you have a lot “don’t throw anything out” until you have interviewed some estate sale companies. You may be giving away money unknowingly.
Gesso and Ormolu Decoration – Estate Sale & Auction Finds to look for
When shopping at estate sales or auctions you often come across items that attract you, but you have no idea what they are.
Let’s take a look at two forms of decoration.
Gesso is a white paint mixture made up of chalk, gypsum, a binder and some pigment.
It has been used for over a century and originally was called Italian gesso. The original binder material was glue made from rabbit skin. The color of the gesso was usually white or off white. It could be applied and manipulated much the same as cake frosting and then would harden.
Gesso is often gilded or painted. As it ages, it becomes fragile. You will find some articles with gesso that may have cracks. If a piece of gesso comes off (depending on how it breaks) you may be able to glue it back on or find a restorer. Today you can even find jars of gesso being sold for repair or added decoration.
Here is an excellent example of a mirror with gilt gesso that will be in an upcoming auction.
Ormolu is a French word for ground or pounded gold.
Originally the process known as mercury gilding or fire gilding involved a solution of nitrate mercury that could be applied to bronze, copper, or brass.
No true ormolu has been produced in France since 1830 because of a law that was to stop the danger of using mercury. Prior to this law the average gilder did not live beyond the age of 40. Other methods came into use including electroplating. A later substitute called Pomponne came into use with a mixture of copper and zinc and sometimes tin.
Craftsman apply ormolu for decorative mountings. It can be found on furniture, porcelain, lighting, and clocks.
Here is an example of a double inkwell in with ormolu frame and ornamentation from an estate sale.
Shopping at estate sales and auctions presents many opportunities to find old world style craftsmanship. Keep your eyes open.
What’s selling at estate sales tomorrow?
It’s Estate Sales Friday and that means that there are 1000’s of estate sales out there.
To attend an interesting sale which required research and knowledge by the estate sale company and auction company working side by side you can go to 10525 Frost Rd., Portland, MI 48875. The estate sale is run by Wonder Women Estate Sales and the Saturday auction by Epic Auctions and Estate Sales. Here is a link to the sale and auction.
To view other estate sales and auctions we include the following links. Please tell them you heard about it from EstateSalesNews.com
To our friends observing Yom Kippur starting this evening we wish you a good fast.
We will return on Monday to discuss estate sale listing websites for estate sales and what you should ask and expect from them and why it is important to sellers, estate sale companies, and buyers. Monday on EstateSalesNews.com
Happy shopping and remember shop an estate sale, save $$$$ and go green.
Estate Sales News is Traveling Today to Michigan
Estate Sales News is flying to Michigan today to cover two fabulous and unique estate sales and an auction that is working along side an estate sale.
Known as the Wolverine state or Great Lake state we have an opportunity to interview three very experienced individuals in estate sales, one of whom is also an auctioneer and one is also an appraiser.
The estate sales are in two different areas of Michigan and one will be taking place this weekend, the other estate sale and auction will be next weekend.
These estates are very diverse. One is the estate of woman from a nationally known family and will feature collections that are seen once, maybe twice in a lifetime along with a classic car and the other is the estate of a well known sportsman and will have an estate sale starting on Friday with an auction of a taxidermy collection on Saturday.
We hope to have two videos for you for the sale this weekend and two for the estate sale and auction for next weekend.
Estate Sales News at A-1 Auction in Maitland Fl. 2 unique estates
We spent time at A-1 Auction in Maitland, Florida. They were conducting an auction for two different Florida estates that had items the heirs felt were best sold at auction.
Doug & Paula White started as a small auction company 32 years ago this month. They have been holding auctions at the Maitland Civic Center for 29 years. One of the estates today was from a former power plant engineer at NASA. His wife had been working with Bonhams Auction House who recommended they contact the Whites of A-1 Auction.
