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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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factors to consider before hiring an estate

Factors To Consider Before Hiring An Estate Liquidator

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

regard.

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.

Handling Money

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.