If you were recently left with a houseful of items from a loved one, then you may feel overwhelmed at the thought of cleaning out the home and selling those possessions that once meant so much to your loved one. Hiring an estate sales company can shift that responsibility to a professional, so you can spend more time with your family. The service includes sorting, cleaning, and handling all of the details for a sale or auction and you do not have to be present.
Estate sales companies prefer to work on the premises and will ask you not to throw anything away. The team will properly clean and inspect each piece. After each piece has been appraised and documented, the company will set up displays within the home to appeal to prospective buyers.
The sale can last from one to three days with the whole process lasting about a week. Larger estates may take longer. You do not have to be present if you would prefer to stay away due to emotional reasons as companies like Heirloom Estate Sales understand the transitional process. The estate sales professionals will handle all of the advertising, marketing, hosting, and payments. Some companies also offer the items online for sale on their website which is frequented by collectors.
After the sale, you should receive an itemized list and accounting report from the sale. The estate should receive a check minus commission fees in about a month or less depending on the company, type of sale held, and the size of the estate.
The average commission fees you can expect to pay for an estate sales company is 10 to 25 percent with 35 percent being common from the net proceeds of the sale. The majority of companies do not require any money out of your pocket. Their profit is earned through the high returns from the sale. Even the initial consultation should be no charge or at a low cost.
You can search senior care directories online for estate sales professionals. Most of these sites feature reviews written by the estate’s family members. The Better Business Bureau (BBB) for Fort Worth also lists ratings and reviews. You can make a list of companies from the 35 businesses displayed within 100 miles of the Fort Worth area. Seven of these estate sales organizations are BBB accredited.
Ask your friends and family for referrals as well as your family attorney. Once you’ve made your list of prospective companies, consider visiting one of their estate sales in the area to observe their process firsthand.
Look for a company that uses a certified appraiser to make sure your items are documented and researched for the correct Fair Market Value. The American Society of Appraisers and the International Society of Appraisers certify professionals and contain searchable databases you can use for free to find estate sales help throughout Texas and the United States. Both sites list certified appraisers in other countries.
Find assisted living in Fort Worth near you.