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Why Should I Hire An Auction Company To Conduct An Estate Sale?

Friday, July 10th, 2015

Life surprises us. Suddenly our world can turn upside down. When faced with the loss of a loved one, a long distance move, a change in finances or maybe even a sudden illness we are forced to shoulder the burden. Many times that includes liquidating assets and property as quickly and efficiently as possible so that we can move forward. It is not an easy task, but hiring an auction company to help you divest of assets and property at an estate sale is an efficient way to complete the process quickly and with a minimal investment of time and money.

Auctions are fast and efficient

Auctions and estate sales take place on a set date and at a set time that you chose. This means you do not have to worry about selling everything off in pieces over an extended period of time. Instead of spending months selling everything, you only have to invest a single day of your time. With the right planning and coordination, you will attract the greatest number of bidders to your estate sale.

Auctions foster competition

People love auctions and they thrive on competition. The thrill and excitement of an auction encourages bidders. A good auctioneer will seize the opportunity and convince bidders to keep bidding on the items they really want. Because of the excitement and energy, you can get higher prices for your goods.

Marketing made simple

When you hire an auction company to conduct an estate sale, they take care of the marketing and sales for you. This means you do not have to be a marketing expert to attract people to your estate sale. Using a combination of mailing lists, advertisements, fliers, and more, an auction company’s goal is to get as many people as possible interested in your estate sale.

Everyone’s a bidder

Prospective buyers are ready to bid when they attend an auction for an estate sale. Very few people come to an auction to browse like at garage sales. When you look out into the crowd that is gathered at an auction, they are eager and prepared to buy.

No haggling, no negotiation, just a bid

There is no haggling or negotiation at an auction, just bidding. Therefore, no one is trying to talk you down on price or ask you to throw in something extra for free. The price is totally determined by how badly a bidder wants the item.

What happens at an estate sale?

There are two types of estate sales; either living estate sale or an estate sale that takes place after someone has passed away. From start to the finish, the process is virtually the same.

When you determine that it is time for an estate sale, contact an auction company and conduct a consultation with them. You will want to discuss your needs and your timeline. You should also discuss fees, marketing options, and ask any questions that you may have.

Once you are satisfied that you have chosen the right auction company to conduct the sale, you will need to sort the items you wish to sell and begin taking photographs for marketing purposes. Your auction company can help you with this process and provide staff and photographers to assist. Once everything is photographed and ready, your auction company will set the date agreed upon and take care of the marketing. The goal of the auction company is to attract as many bidders as possible.

On auction day, an auctioneer and accompanying staff will conduct the sale and get you the best prices for your property. When the sale is over, the auction company will collect the funds and provide you with your payment.

At High Plains Auctioneers we are here to assist you with an estate sale or auction of any sort. If you would like more information give us a call at (806) 244-6776 or send us an email or browse our upcoming auctions.