Should I hire an estate sale company or auction company?
jockewing
13 years ago
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Comments (25)
larke
13 years agolast modified: 9 years agocreek_side
13 years agolast modified: 9 years agoRelated Discussions
Hiring a landscape design company
Comments (2)The answer to both parts of your first question is "yes" :-) It IS possible to generate your own landscape design but if not accustomed to the process or a less than experienced gardener or handyperson, the learning curve is high and may involve more time and trial and error than you are prepared to expend. It also makes a great deal of difference how elaborate the vision is you have for your property - a complicated landscape with changes in terrain and significant hardscaping may well be beyond the comfort level of most DIY'ers. An association with a professional designer or a design/build firm tends to streamline the process and for many busy families, is a far more efficient approach. But rarely a budget saver - you are hiring expertise and experience and there is a significant cost associated with that. As to the value added to your home, there are mixed opinions with this issue and it's difficult to assign a specific dollar value to a professionally-designed landscape. It is generally considered one of the few home improvement that has a direct, dollar-for-dollar value but with some conditions. An overly complicated, high maintenance or elaborate landscape or one that is out of context with the neighborhood can be counterproductive. There are many threads on this forum that deal with what to look for when hiring a design professional and I suggest you research them. But as is the case with hiring any professional, you want to review suitability for your needs, examine past work, check references and most important, make sure it is someone with whom you have a good rapport and sense of free, open and very clear communication....See MoreWould you hold an estate sale yourself vs. hiring a company?
Comments (8)Are you thinking of holding it like a 'tag' sale as Martha always calls them. You have all the stuff priced and folks come, browse, dicker (probably) and buy? If that is the case, I'd think it would be a lot of work, and that you would end up with quite a bit of leftovers at the end of the day. I'd suggest talking to some auction houses and see what they say. Possibly they could have the auction at the house...and they are good at advertising, and getting the word out. They want to get the best prices they can because that will determine their profit as well. Estate sales held at the actual residence really draw the crowds in around here in Indiana....all hoping to find/get something really special. Anything that is small and/or more special, I would however either pay attention to, or ask the auctioneer to hold aside someway to protect said items from walking off. Even if you do it yourselves, chances are there would be some things pilfered behind your back(s). Sue...who loves a good auction on a nice fall day....See MoreEstate tag sale or auction?
Comments (8)jewelis what I saw at the estate sale of a friend who had a lot of nice things was that the overpriced stuff suddenly was being sold to friends of the estate sale company on the last day of the sale. Probably $20+K of furniture alone for less than $500. Some estate sale companies guarantee to take anything that is not sold and "donate" it. I had been looking at furniture about that time and knew what the prices should be once the markup in stores was removed. This is why when someone that I know is thinking about doing this I suggest that they visit a couple of the companies sales before signing a contract. While there are ethical companies my friend did not select one. I never told her because I knew she had debated between donation and selling but it opened my eyes....See MoreWhat should I do about my parents estate?
Comments (49)I went through a similar situation a few years ago and my experience was exactly as others have written. There is simply not a market for the kinds of furniture and collectibles that our parents collected. When I was closing my parents' home, I had the luxury of time as there was no financial pressure to sell their home. I went through everything meticulously and sorted through items to make sure that nothing that was truly of sentimental importance or high monetary value was overlooked. It is really hard to separate our feelings about our parents' stuff from the practical reality of how to deal with it. My mother was extremely emotionally connected with her stuff and so disposing of it felt like I was somehow getting rid of her. In terms of practical advice, for peace of mind go through the items carefully and perhaps hire an appraiser. I had some sense of what vintage and antique stuff was worth but I still checked every mark on tchotchkes and checked internet values. But be sure that you are checking the prices for items actually sold. Just recently I was remodeling and had to get rid of stuff that I wasn't going to be using. I live in a metropolitan area and there was simply no or little interest in the "brown" furniture. I was offered about $250 for a large Victorian china cabinet with ornate detailing and double bowed glass. In the end I felt lucky that a neighbor's brother needed furniture and carted it all away. As others have posted, how much is your time worth? There might be some pieces in the glass collection that are worth selling. If I were you, I would check pricing on the glass collection to make sure there are no hidden treasures. Select a few that give you pleasure and display those in your home. You could box up the rest of the stuff - take pictures and make a spreadsheet of what is in each box. You could then store the boxes so that you are under less pressure to go through them right now. Selling on EBAY or ETSY is time consuming and requires a commitment. You insure items shipped for breakage. If the person claims something broke during shipping they will need to provide pictures. You would have pictures of the intact item. So if you are willing to put in the effort, you could do it. So it's not impossible - but again is it worth it to spend the hours necessary to take good pictures; list; pack and ship. However, I think that most people wind up donating to a charity if no one in the circle of friends and wants the stuff....See Morecaulk_king
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jockewingOriginal Author