When you have a house full of antiques, collections, old items, and more that you need to sell in Roanoke, Bedford, Salem, Vinton, or surrounding areas, you may be thinking about hiring an Auctioneer or having an estate sale.
We have been buying estates and liquidating estates privately for over 15 years in the area and here are some options and tips to consider when deciding who to hire to help you liquidate your estate in Roanoke VA.
Hire A Roanoke VA Auctioneer – Have an auction!? Meh?
Estate Content Auctions are a great way to sell all your items in 2-3 days – You will have to wait 1-3 months for an auctioneer to become available to have your auction so consider this time when you want to sell your items. Also remember you will have one hundred or more local buyers come to your property to bid on the items and will need enough parking and space to have the event. Check with your Home Owner Association also to make sure it is ok to have an onsite auction.
Auctioneers are there to get as much money as possible because they work on a commission based pay scale. Most auctioneer charge 40% so if your auction brings in $10,000 in sales you will get $6000.00 after any other fees they charge. There are other options other than hiring an auctioneer. In the state of VA you are allowed to auction off your own items yourself if you want! I will warn that it is not easy to organize, advertise, and hold an auction on your own.
So what else can you do? Have an Estate Sale! (Thumbs Up!)
Estate sales advertised and organized and managed by an expert in the area are a more profitable way to liquidate your property! Having an estate sale involves a few steps and there are fees involved if you want it done right. Estate sale services make money when you do, so we always price items strategically in an effort to get the most money out of your items. The fees are normally a lot lower than an auctioneer or auction house, ranging from 10%-15% for coins and firearms to 20%-30% for vintage items and regular household items and furniture.
Steps To Having An Estate Sale:
1. Select a date for the sale.
2. Price All Items and Box Lots
3. Take Photos of Key items and content to be sold
4. Advertise the sale online and other places
5. Have a 1-3 day onsite sale.
Usually we will have a sale on Friday-Sunday – Fridays are a very good day to have a sale and you will get a lot of buyer and re-seller traffic on Fridays. On Friday all items are sold at the price marked on the item 100%. On Saturday Items are 25% off and on Sunday items are 50% off price marked. This scaled discount model is industry standard and insures everything sells at a fair market value for you! Anything left over after the sale is usually sold to one bulk junk buyer that will remove any unwanted items from the property.
The estate sale is managed by the estate liquidation or estate sale service (Like Ours) – We handle all aspects of the sale for you. You can sit back relax and let us do all the work. We are there to earn our money and get you top dollar! We price, organize, advertise, manage, and track all sales with electronic and hand written receipt systems. We accept credit cards and checks for you and pay you cash! We have a full staff that will insure all items are accounted for and safe from theft or damage. Organization is key! There are usually 1 or 2 check-out locations located at an exit of the home or property so we can keep an eye on the inventory leaving the site. We have an average of 4-5 employees running the sale with us.
Get top dollar for your items – We have over 200 contacts in the area that frequent our sales in search of certain vintage and antique items – We know how to sell your contents fast and without a big headache or worry!
