What used to be considered a service for the affluent is now available to everyone. When a loved one passes away or moves into a residential care facility and can no longer care for their possessions, an estate sales professional can take care of the task of sorting and selling for you. These companies are typically used when the family does not necessarily want everything that belonged to their loved one or the family plans to sell the home and simply do not have room for more items. Sometimes the loved one’s will dictates the necessity for an estate sale or auction due to debt.
An estate sales professional is eager to walk through the home and give you an idea of what will sell and what will not. They typically ask clients not to throw anything away as they may have a buyer in mind. Once hired, the team will inspect and properly clean all of the items, documenting the items as they go. Companies, like Aether Estate Sales, assign barcodes to each piece for reliable reporting you can count on at the end of the sale.
The company handles all of the financial transactions that occur during the sale as well as advertising. They may contact collectors about valuable appraised pieces. The goal of the estate sales company is to bring the estate a high return for the items sold. The team may begin working a week in advance or even earlier if it is a large estate. You can expect the sale to last one to three days.
After the sale, the estate sales company will deliver you a transaction report as well as the estate check after the commission fees are deducted.
There are typically no upfront costs with estate sales companies. The average commission fee is 10 to 25 percent of the total sales, but can be as high as 30 to 35 percent, in some cases like heavy cleaning or a longer sale. Ask the company about additional costs, like security, if not included in the service.
You can find Denver area estate sales services online at senior care directories. Most of these feature reviews written by former clients. The Better Business Bureau of Denver and Boulder has listings with ratings and reviews as well. The site lists 14 companies in and around Denver.
The American Society of Appraisers features a search tool to help you locate certified appraisers in your area. The International Society of Appraisers does as well. You can also ask your family attorney or your loved one’s attorney for recommendations for local estate sales professionals. You may be able to get referrals from your family and friends for companies they have used. Always research and compare companies before hiring one and check their list of references. Allowing a professional to handle the demanding task of estate sales and auctions can take a great deal of stress off you and your family.
Find assisted living in Denver near you.