Tag Archives: estate liquidations

Estate Sale Terms & Conditions For Buyers

Most estate sale companies are winding down for 2015. There will still be estate sales this weekend and then most companies will be taking some much needed time off between Christmas and New Years to celebrate with family and friends and recharge for business in 2016.

Estate sale companies often post signs about the property explaining the terms and conditions of their sales. Understanding their terms can prevent disagreements.

All sales as is – this reflects that any purchase you make is sold in whatever condition it is in. Working or not, chips or cracks, faded, or perfect. What you see is what you are buying.

Getting Ready For An Estate Sale – Understanding The Process

News You Can Use words in torn newspaper headlines for articles, information or reporting that will help you with needed advice, tips or guidance

Sellers now that you have chosen your estate sale company with due diligence and care what happens next?

As we approach Labor Day Weekend next week let’s review what an estate sale company will be doing to get your sale event ready, somewhat abbreviated.

An estate liquidator may take a few “staged” photos of unique, rare, or unusual items in the sale for immediate advertising. They will probably do a walk thru to determine how many tables will be needed, any additional lighting, if extension cords will be required, where to set-up the check out counter, whether they will utilize one entrance and exit only or one of each, and check out any special requirement (port a john) etc. that may be needed depending on the size of your sale. They will also arrange when they plan to start preparing the sale and ask you for a key or code for access to the property. This is also the time they will decide on security measures including hiring off duty policemen if required.

Every liquidator works different hours. Some start very early and finish each day in mid to late afternoon and some start later in the morning and work well into the evening. They also have to decide what special jobs may need doing (polishing, cleaning, etc.) and if there are additional charges that should be included in your estate sale contract. Some estate sale companies have factored that into their commission, others charge an additional fee depending on the amount of work to be done to prepare the items for sale.

Once they start working at the sale most estate liquidators will assign staff to different rooms (some may not) and the sorting of items begins. Discovery of what may be of significant value will take place as well, and these items will be set aside for showcases or other secure locations. After the sorting, cleaning, polishing, etc, comes the room by room staging of the personal property. Next the liquidator will begin the pricing process, and if needed researching the value of items that may be of high value or unknown origins or provenance.

All of this can take anywhere from 3 days for a very small sale up to a month for a large sale. Hours and hours are spent not only working on the estate sale on site, but on the advertising of the sale which is usually done in the evening or early morning at the home of the liquidator. It is not unusual today to see 500 or more photos on an estate sale listing website along with a detailed list of most items in the sale. Many companies use more than one site so double the work and then there is the social media work to be done, i.e. Facebook, Twitter, Instagram, Pinterest, Google+, and YouTube to name the major social media sites.

Usually the morning before the sale the estate sale company will post signs inside and on the exterior of the door to let buyers understand how they will be handling the sale including entrance (crowd control), sales (cash, cheques, or charge cards) and the rules of etiquette including if they will be considering discounting after day one of the sale or accepting written interest in items that have not sold on day one.

The morning of the sale signs (depending on the community) will be placed in appropriate or approved locations directing buyers to the sale. All of this work leads up to the opening of the door on day one of the sale. Announcements may be made prior to permitting entrance perchance there are any last minute changes or additions to the sale. The door opens and those words “welcome to our estate sale”. Day one begins.

What Estate Sale Customers And Clients Need – Informative, Fresh, Updated

SEstate Sales Newseveral weeks ago I read an article on the internet for small businesses that said that 97% of people research products and services. Today as I was thinking about what topic to write about and I recalled this article and thought it was appropriate to discuss what 97% of those individuals were concerned with.

In today’s liquidation world with 1000’s of estate sale companies (estimates now of well over 10,000 in the United States alone) there are so many liquidators to choose from. It reminded me of many years ago when I was in the real estate business and one of the seminar instructors’ said to stay on top you need to keep your clients informed, updated, and keep your brochures fresh. This rekindled the reference in my mind to that more recent article.

Well that was before the internet became such an integral part of our everyday life, but it is even more important today than it was 30 years ago.

When prospective clients search the internet for an estate sale company they want to look at websites that are kept up to date, fresh, and informative. Many prospective sellers spend a quite a bit of time looking and reviewing companies on the internet and if the websites they are looking at never seem to change or be modified, the questions start to enter their minds, are they too busy, don’t they care, are they still in business, etc. Many companies have websites built and then never change them after their launch.

Estate sale companies in general are extremely busy today, however, time needs to be allotted to work on the website or Facebook page to let clients know you are active, keeping up with the continually changing landscape of the estate industry and staying “on top of the game” so to speak.

Customers want to see what to look forward to at upcoming sales and if you are conducting sales in the future. They are interested in upcoming sales or events. Clients want to read about any changes that might affect their potential sales. They recognize when websites or pages are left unattended and do not change and if old information remains static that gives the appearance of lack of concern and importance.

It isn’t easy to do all of this, however, as in any business a set time or hours should be set aside weekly to keep your page updated and also provide simple navigation. If you have a staff member that is proficient with technology consider paying them to provide this valuable visible service.

Whether you are a client or a customer, if you are checking on websites, take notice of these three important components. It’s a good start to determining if this is the company for you.

Please “like” us on Facebook, “follow” us on Twitter, and let the estate sale companies you visit or speak with know that you read EstateSalesNews.com – Your free internet resource to learn about estate sales, information, and news. Thanks and happy Tuesday

Estate Sales – What’s Happening?

Estate Sale signAs we begin this Monday estate sale liquidators across the country are busy with consultations, staging, pricing, and getting ready for another weekend of sales.

Some are also wrapping up the loose ends at this past weekends estate sales.

One of the vendors at the Estate Sale Conference was selling shrink wrap equipment for use at estate liquidations. The gentleman was kept busy all three days of the conference so whether you are in the east, mid-west, south, or west don’t be surprised to see shrink wrap being applied. A safe way to protect and in some cases show case valuable items.

In southern California and in Florida the tents are up in the driveways to facilitate check out and provide extra space in the property. This requires extra help to make sure all items are accounted for, but it certainly does speed the process and help with the congestion that can occur as you pay for your merchandise.

Buyers take note that more and more estate liquidators will not allow purses or bags on the initial walk thru of the property. Your editor has left her bag in the car locked on several occasions. Don’t approach a sale in a confrontational state of mind.

A buyers tip for attending sales going back to our article on buying etiquette several months ago stay focused on what you are looking for and don’t get concerned with what has sold. Don’t miss your opportunity to find a treasure wasting time with another person’s purchase. Stay focused so you don’t miss anything.

 

 

 

Estate Sales Thrive In Up and Down Economy

Estate Sales because of their nature thrive whether the economy is up or down. When it is up people have disposable income and come out to find that treasure or item they have always wanted.

When the economy is soft the public turns to estate liquidations to buy items that are lower price than in the regular brick and mortar retail. Some examples would be clothing, household items, even automobiles.

Prices of items vary depending on the the economy. When times are good prices achieved by estate liquidations are higher than in a down turning economy because of less income. Since the price of gold and silver has soared professional estate liquidators weigh any gold or sterling jewelry, flatware or holloware before putting it out for sale.