We've compiled a list of frequently asked questions to help aid you in the decision making process of having an estate sale. Due diligence is imperative when deciding which estate sale companies in phoenix will conduct your estate sale auctions. Remember, this potential hire is who will be entering your home, going through your personal items. You need to be completely confident that the estate sale company you retain is not only trustworthy, but that they are the perfect fit for you!
Are you licensed and insured? Yes! Our company, Southwest Estate Sales is both licensed and insured. Click here to reference our license _ . Here for bonding and insurance _ . It is imperative that you look up their license through the Arizona Corporation Commission. Then, ask whomever you choose to bring proof of their Bond and Insurance Certificate to the meeting. It's imperative that you carefully review their Certificate of Insurance before you hold an estate sale. You'll certainly wish you had if someone slips, falls and gets hurt. You'll certainly be paying out a lot more if you don't. If they aren't bonded or insured, we highly recommend you sign with someone who does.
When do you reconcile with us? Southwest Estate Sales, LLC reconciles on the last day of the sale. (There is absolutely NO reason it should take any longer). You will receive an "Itemized Report" (item-by-item). We also work with PayPal, an online credit card processing company. We will also print out a "Daily Transaction Report" which itemizes each sale for you. Most estate sale companies will not include items that are sold under $25.00. These are your items, you should be able to account for every single item! Do you typically sell through everything? Southwest Estate Sales, LLC. proudly sells through 90-95% of an entire household. We have a large list of dealers, decorators and private individuals who are on our Email List and that continues to grow daily! We are known for our advertising campaign, photographs and the way in which we display your items. In order for an estate sale company to sell your household items, good merchandising is a must! It has a significant and positive impact on sales. All this helps the percentage of goods that will sell.
For all intents and purposes, in any case, it's little more than common that miscellaneous household kitchen items and perhaps a few small pieces of furniture that one finds unsold at the end of an average sale.
What do you do with the items that don't sell? This is something you'll definitely need to think about. Perhaps you have a preference where you'd like the items donated to receive a tax donation receipt. If you don't have a preference, we have a list of really great charities and churches that are always in need of items. Of course Goodwill, Salvation Army, etc. are common sources people use. More times then not, our clients will change their minds at the very end. Maybe a neighbor expressed interest in a particular piece of furniture or accessory that you've decided you would like to give him or her.
How long does it take to set-up prior to the start of the estate sale? This all depends on the amount of items we will be liquidating. Upon our first visit to the home, we'll have a better understanding of how many items will be included in the estate sale. This will also help us determine how many people we will need to bring in for pricing, organizing and merchandising. If your living in the home, We are happy to accommodate your schedule.
How does a estate sale work? Prior to contacting estate sale companies, you'll want to gather-up the family, friends, etc.. have them go through and pick out the items they would like to keep. Next, make sure you go through pockets, safes, purses (all areas inside and out). We ask our clientele to go through and remove any bank statements, registers, documents and anything that obvious with personal information. Once you've completed those steps, you'll call and set-up an appointment with the estate sale company. They will have you walk them through your home and they will be able to tell you how much the estate sale or tag sale will bring. They will also be able to determine how much time they will need to prepare and set-up for the liquidation sale. Keep in mind that you do not want to throw anything away! Nothing. Not even trash. Toward that end, it's not necessary for you to organize or clean-up prior to the estate sale broker or company starting. If they are a professional liquidation company, they will have this in the estate sale contract.
Estate Sales are never the same as another. You may be downsizing and have sold your home and need an estate sale immediately because you have a walk-through coming up. Or, you may be transporting a loved one to a nearby care facility. Whatever the reason, we custom tailor our services to suit your needs.
Do estate sales bring in a lot of money? This answer depends on which estate sale company you hire. And, this is why it's IMPERATIVE you do your due diligence! The Advertising marketing campaign is what does it to be quite frank. And, they should have a great following. So when you have your appointment, ask them about their marketing campaign. Ask to see it. Anyone can give you a line! Our company, Southwest Estate Sales, LLC takes more than 300 professional pictures. We take a ton of photos as we have a huge Newsletter we prepare every 2 weeks. It is why we have such a great following. We take photographs of literally everything that will be in the sale but we have a savvy technique that changed our business for the better. Of course, we can print that here as we wouldn't want our competitors to catch on right? Pictures say a thousand words. Making them professional and enticing is key. As to look at how they advertise. If it doesn't look as though they do very much, call the next company. If you have expensive collectibles, artwork, etc...and you care how much the estate sale will bring, then evaluate everything!
What does it cost to conduct an estate sale? This is discussed at our first meeting with you. Unfortunately it's difficult to determine the amount over the phone. Phoenix Estate Sale Companies need to see what will be included in the sale. Once an Estate Sale Company or Tag Sale Company is able to see the entire home and it's contents, then they can determine the percentage or flat rate that will be charged. Hiring a company that offers the lowest percentage or fee does not mean you will make more money. A skilled professional who can advertise directly to a large number of buyers, know's how to appropriately set-up an estate liquidation sale and knows how to merchandise appropriately, will in fact increase your over-all profit. Even while charging a higher percentage.
Remember, the more money we make, the more money you make. We are all in this together!
Do you sell golf carts, automobiles, motor-homes, motorcycles, etc.? Yes. We've sold numerous golf carts, vehicles, trucks, motor-homes, motorcycles, ATV's etc... (As a general rule, we charge a considerably reduced commission). A typical percentage is around 20%. Anything higher that an estate sale company wants to charge should be negotiated.
Are there any additional fees besides your commission? Never! And, no hidden costs! If you've called a few Arizona estate sale companies, make sure you carefully read each and all Contracts. If they are a professional estate sale company, then they should go over their Contract with you.
How are estate sale companies paid? They are paid from the proceeds of the sale on the last day.
How do I know if I have enough items for an estate sale or tag sale? We determine this during our first meeting after you've walked us through your home. You do not have to have collectibles or antiques. We sell furniture and items of all types. We've seen it all and sold just about every imaginable item.
How long does it take to conduct the estate liquidation sale? Our Arizona estate sale/liquidation sales are held on Friday's and Saturday's (2 days) Prior to the start of the sale, we typically need anywhere from 2-7 days for preparation. Again, this depends on the amount of items that will be included in the sale.
Do I need to be out of the home while you are working? Absolutely not. It's perfectly acceptable for you to be present in the home so long as you do not hinder business while you're on site.
Do I need to be away from the home during the estate sale? Definitely not! Your always welcome. Unless you feel there may be an emotional attachment or any sort of emotional strains, then I would suggest not being present.
Should I go through and throw things out I don't think will sell? No! Definitely not! We cannot stress this enough. Being in constant touch with the marketplace, we are well aware of which items are sellable and which have no value whatsoever. We have a lot of buyers for things you may think have no value.
My home is currently on the market, should I wait until the home sells to have an Estate Sale? This is a great question and one we are asked frequently. No! You can have the estate sale at any time. Here's an added bonus! Every estate sale we have conducted, we've been asked if the home is for sale. There were a few times where we brought the Seller a Buyer for their home. When we host an Estate Sale, it's really no different than having an open house. And, if your realtor can prepare flyers for your home, we're happy to pass those along to our customers. An added benefit to your realtor. Remember, we have a huge following of dealers, decorators and private individuals. That list continues to grow daily!
When do I get paid? With the software we use, you get paid in full on the last day of the sale. If an estate sale company, estate auction company or any liquidator tells you that you get paid 2-7 days later, something is up! There is NO REASON WHATSOEVER that you shouldn't be paid immediately following the last day of the sale. Period! We are the only Scottsdale estate sale company, Paradise Valley Estate Sale Company, Phoenix Estate Sale Company, estate sale company in az, that pays you on the last day of the sale in full together with an itemized Transaction Sales Report of everything sold. Simple as that!
If you have any questions besides the ones we've listed here, feel free to call us at (602) 518-7721