The task of emptying a loved one’s home of their possessions is daunting. An estate sales company can minimize that stress by coordinating the cleaning and selling of the items from the estate for you.
Professional estate sales companies coordinate the cleaning, organizing, advertising, and selling of your loved one’s possessions after they have passed away or moved into a residential care home. When you contact an estate sales professional, you will want to confirm that they are insured, bonded, and licensed and work with a certified appraiser. Most appraisers in Arizona are certified through the American Society of Appraisers (ASA) or the International Society of Appraisers (ISA).
The estate sales company will send a professional to the home to inspect the items to be sold. This is usually a free initial consultation or for a small fee. Once hired, the company will send a crew to properly clean, sort, organize and document each piece including antiques, china, porcelain, glassware, furniture, collectibles, and automobiles. If the estate holds collectibles, specific collectors may be called to view the items before an auction. Some companies, such as Fidelity Estate Services, also serve as real estate agents to sell the home.
Most companies advertise upcoming sales or auctions online at estate sales directories, their own website, and social media channels, like Facebook and Twitter. Some companies send emails to subscribers alerting them to a sale in the Surprise area, including Gilbert, Mesa, and Tempe. Other companies, like East Valley Treasures, hold online live auctions during the event.
Sales can last from one to three days or more, depending on the size of the estate. Large, wealthy estates may hold sales for one to two weeks. During the estate sales process, you will be kept updated with an inventory list of items, their appraised value, and the final sale price. When the sale or auction concludes and all sales are finalized, you should receive a final inventory list and a list of remaining items. Ask the estate sales company for a list of charitable organizations if you wish to donate the remaining items.
Since the company manages all aspects of the sale including the financial transactions, it is not necessary that you attend the sale. The estate should receive a check within 30 days minus commission and fees once the sale has closed.
Estate sales companies charge a commission on the total net proceeds from the sale. This percentage is usually between 10 and 25 percent with some companies charging up to 35 percent if more work is required, like heavy cleaning.
You can find listings for estate sales companies on the Better Business Bureau (BBB) website and senior care directories. The ASA and the ISA maintain separate databases of certified appraisers in the state. The ISA database lists 10 appraisers within 25 miles of Surprise while the ASA database lists dozens in Arizona.
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