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It is very important that you only hire the best estate liquidation service. But how does one know which service is good and which to avoid? To help you with this question, we list below four factors you should consider when choosing an estate liquidation service. For estate sales services in Fort Collins, Broomfield and Denver. Contact us today! https://estateheirloom.com
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The biggest factor that will determine whether your estate sales turns out to be a hit is the estate
liquidator. A good liquidator can get the best value for your items in the quickest way possible. And if
you do not know how to hire a good estate liquidator, the following tips will definitely help you in that
Know How The Liquidation Is Conducted
Your items will be liquidated in one of the two ways – by direct sale or by auction. A direct sale usually
lasts a few days and you will be selling off the items at a predefined price. In contrast, an auction is
conducted only on a single day and the public can bid on the items, with the person who bids the
highest receiving the item.
Do Proper Research
There are thousands of estate liquidation services in the country. And many of them do not provide
satisfactory services. If you end up hiring such services, you will make a lot less money on estate sales.
This is why it is important to research on prospective liquidation services. Make sure that the service you
are choosing has been in the field for many years and have a large number of satisfied clients. This will
ensure that you only associate with good quality liquidation services like Estate Heirloom.
Fee And Other Charges
Make sure that you know about the fee and other charges of the estate liquidator in full. Normally, such
services work on a commission basis, taking around 30% of the proceeds. As far as possible, get a
contract that details the fees charged by the service. This will ensure that you do not have to cough up
any extra money as ‘hidden charges’ and so on. If any liquidation service is unwilling to commit the final
fee to you in the form of a written contract, then it is recommended that you look for other services.
Check out how they handle money. Normally, items are sold in cash. However, some services do allow
using credit cards as payment. And to ensure that the visitors are able to pay for the items according to
their convenience, it is better for you to only hire liquidation companies which also accepts payments by
credit cards, debit cards, and so on. It might also turn out to be useful in the future for tax purposes.
Extra Items At Sale
Check with the liquidator whether there will be any extra items at the sale. Some services might bring
the items of their existing clients to your estate sale. This is undesirable because the visitors might
choose to spend money on items other than your own. And considering that this is your estate sale,
having third party properties gobble up what could have been your sale can be damaging to clearing
your items. So, be sure to lay down strict rules to the liquidation service that no third party items should
be brought for sale during your liquidation.