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What
are the advantages
of an Estate Auction over
an Estate Sale?
Auctions
are considered to be the cleanest method of conveying goods.
Auctions have been used by people going back in history, beyond
memory. The reason, they work and they solve all the tricky
needs of an estate.
A
properly done auction brings together a strong blend of dealers
and retail buyers, causing prices to rise to their highest
possible levels.
An
auction can dispose of every item within an estate.
An
auction allows for a quick distribution of an estate to heirs.
Disputes
between heirs can be easily settled by each heir bidding on
what they would like, knowing the funds will then be distributed
back to all the heirs.
How
Does an Estate Sale Work?
Standard
Procedure at a sale is:
- Each
item has one set price, if negotiations take place the price
can only go down.
- A
sale makes no allowance for an item marked below fair market
value. The first person there gets it.
- A
sale may bring in 100 to 150 people over a weekend - An
auction, properly advertised will produce 250 to 400 plus
people over the course of the preview and auction
While
we can make arrangements to do an estate sale, our preference
is the estate
auction.
Whether
your situation demands speed as the essence, or value as the
chief concern, we work for you to meet your needs.
Call
today for any questions
800.573.3508
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