4 Things To Keep In Mind When Choosing An Estate Liquidation Service

To ensure that all your items are sold off at the best possible rates during an estate sale, 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.

Commissions

The first thing to check is the commission charged by the estate sale service. They usually calculate their commissions by taking into account various factors like the estimated value of the items on sale, the time spent in researching the value of the items, advertisement costs, people employed to carry out the sale program, and so on. On an average, you should expect to pay about 30% of the proceeds of the sale as commission when you hire a top-notch estate team to handle the sale. And remember to never use commission rates alone as a criterion to select a service for estate sales in Fort Collins. Instead, you should also take into account the reputation of the service.

Reputation

As a rule of thumb, it is better to hire a highly reputed estate sale service at higher commissions rather than a cheaper service which has little to no reputation. This is because estate liquidators who have built up their positive image will work very hard to maintain it. As such, you can expect them to do everything, thoroughly, right from calculating the price of the items to conducting the estate sales in Fort Collins in a professional manner.

Check Any Of Their Sales Events

Another excellent way to judge the quality of an estate sale service is to visit any of their sales events directly. Just ask them where their next sale is being conducted, and visit it if you can. This will give you a very good idea as to how professional they are in presenting the items, handling customers, and conducting the event. If you feel relaxed during the event and feel pulled in by the environment to make a purchase, then you have literally identified the people you should hire.

Contracts

Make sure that the service does sign a contract with you that details everything that has to do with the liquidation. These include details like the commission to be charged, when the sale is to be conducted when you will receive payments, and so on. And when signing the contract, be sure to never sign off the ownership of the saleable items to the liquidation service. Remember that you are only hiring them to get your items sold. So, until the item is sold, its ownership should strictly remain with you. And if any liquidation service tries to wiggle out from giving you a contract, then never hire them even if they are offering the cheapest rate.

As long as you check for the above things when selecting a liquidation service, you should easily be able to hire the right people for the job.