Finding an estate sales professional in Richmond is easier than you may think. These companies can help you during the difficult time of emptying a houseful of items for a recently passed relative or a loved one that is moving into a skilled nursing facility and can no longer care for their possessions. The estate sales company takes care of all of the details for you, including advertising and hosting sales, so you can focus on your family.
The process varies between estate sales liquidators, although you typically will not need to pay any upfront costs. An estate sales professional will give you an initial consultation to determine if you need their services. Once approved and hired by you, the team will begin working up to a week before the scheduled event. You may be asked not to clean any of the items that are to be sold. Many objects can be damaged through improper cleaning, so the company will want to handle all of the detail cleaning while documenting and researching each piece.
The estate sales company will advertise and market your sale throughout Richmond, on estate sales website event pages, and social media. Prestige Estate Services, and other companies, offer online sales services for buyers that prefer not to come out to the event. The company will manage all of the hosting and financial transactions and keep you updated throughout the process. You are not required to attend the sale or auction. A typical sale lasts one to three days, however if the estate is large, the sale may last up to one week.
At the conclusion of the sale, the estate will receive a check minus the commission and fees. You will also be given accounting spreadsheets, an inventory list, and transaction receipts.
Most companies take a commission of the net proceeds of the event and this fee can range between 10 and 25 percent. If the company includes a large number of services, including security, or is required o do heavy cleaning before the event, you may pay 30 to 35 percent of the net proceeds as commission.
Begin searching for estate sales companies by attending a few local auctions. This will give you an opportunity to see the company in action. You can find listings and reviews for companies on senior care directories. The majority of the reviews are written by family members of the estate. Your own family and friends may have recommendations for local estate sales companies.
The Better Business Bureau (BBB) serving Central Virginia is an excellent source listing reviews and ratings. You can also check the company’s accreditation status. The site currently lists 19 estate sales businesses and charities with six BBB accredited organizations. If the company does not already employ an appraiser or have an affiliation with one, consider using the services of a certified appraiser. You can find certified appraisers at both the American Society of Appraisers and the International Society of Appraisers. You can search for professionals throughout Virginia, the United States, and Canada as well as other countries.
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