Estate Sale Companies in Utah
There are a lot of estate sale companies in the Salt Lake City, Ogden & Provo areas including many that will work in Logan and St. George. Estate sale companies either specialize in certain kinds or sizes of estate sales or more rural estate sale areas, or they mainly work the typical or average size house of 1500 to 3500 square feet in the larger population areas like Salt Lake, Ogden, Provo, Logan or St. George. The most important thing is the value of the items. In general, if something costs $100 new in a store or on line, it is worth AROUND $35 and the estate sale company will want a big part of the $35 in this example.
Here are some tips if you are considering hiring an estate sale company to sell the contents of a house. First, some estate sale companies will only buy entire contents of houses including cleaning the house out rather than hold a 2 day or 2 week sale. Some estate sale companies want to set everything up in the house and run a sale for at least 2 weeks, and then then they donate or throw away the remaining items. Finally, some companies will make an offer on the house and the contents of the house as one price. The larger the quantity of items and the more valuable or scarce the items are, the more a very good professional company is needed. You will need a very specialized estate sale company in Utah if you have very valuable or specialty items, and always get 2 estimates.
How To Choose an Estate Sale Company
Estate Sale Companies that Buy All The House Contents
There are estate sale companies that will buy all of the contents of the house and yard. And most of them will leave the house in broom swept condition with all of the estate items gone. This way of selling the contents of your house typically take a little less time than holding an actual estate sale for say 2 weeks. And after a 2 week estate sale, typically there is a lot of clean up to do still. This option does typically net the sellers a little less money than a typical estate sale. So this option is great if you are in a bit of a hurry and are OK with receiving a little less money than a longer estate sale.
Estate Sale Companies that Buy Mostly Specialty Items
Many estate sale liquidation companies specialize in certain types of items. This means they are looking for estates with large amounts of items they specialize in buying and reselling. So if you have a basement full of comic books or maybe sports cards, there is a company that specializes in those items. Antique furniture or art work are other items that an estate sale company can specializes in. Companies like this will typically come in and give you an estimate to buy just the specialty items, but this will typically net you more money for just the types of items they specialize in. You will still need to be concerned with the remaining items they don’t buy when they are done. If you have specialty items like this in the house you want to clean out and sell, you may want to get at least 2 offers on the more rare expensive items before deciding what to do with the rest of the items in the house.
Estate Sale Companies that Hold Sales in a House
Most estate sale companies operate in this manor. They are looking for a house that has enough stuff in it that will be worth their time to be there for 10 days straight and have enough stuff to sell and make money every day. They will usually come in and estimate how much the overall sale will make and tell you how much you will get IF the sales estimates are met. Some estate sale places will want an additional fee to remove the remaining items, and some companies will take the remaining unsold estate items after the estate sale. Just make sure everything is in writing and you know what to expect.
Companies that Buy the House and the Contents
If you are going to sell your house and are having an estate sale to clear the house out, this option might be for you. If the items you want to sell in a sale with an estate sale company are not worth a lot or are not specialty items, this option might be for you. There are some Professional House Buying Companies that will buy the contents of the house and the house in one sales transaction. This way you can just be done with it. This can be a good option if you are in a hurry or the contents of the house are only of average value and not a lot of specialty items.
If you have a lot of specialty items, you may want to contact an expert in the type of estate sale items you have to get the price they will purchase the expensive items for. Then a professional house buying company can buy the house and the rest of the items the specialty estate sale company didn’t buy.
Please call Gary at 801-382-9199 or Fill Out the Form at the end of this article if you would like to talk to us about an offer for your house and the contents of the house. Get everything done in one step!
One other thing we do at Gary Buys Houses when we buy a house with a lot of stuff in it is do our best to donate and give away all of the useful items. We don’t want anything to go to waste, and more importantly, giving the items to someone that needs the item can certainly help them.
Estate Sale Help
What kind of help do you need with the estate you are involved in? There is the cost, keeping track of everything the estate sale company does and how long will it take?
What Will It Cost?
A good estate sale company will keep 50% to 70% of the sales depending what they have to do to prepare and hold the estate sale. This is probably the #1 REASON that people sell their house with all of the contents left in the house. To many people, it is just not worth it unless they have a lot of time and will enjoy the process. This is where interviewing potential estate sale companies works for you. They should be able to give you an idea of what you would net in proceeds if they held a sale.
Keep Everyone Honest
One of the things to be on the look out for are companies that try and cheat you by buying items for dirt cheap from your family home while you are not looking and then selling the items at their next sale or at an estate sale in 3 or 4 weeks weeks. If a company is dishonest, often times they will put your best items into their stores or sell them on eBay or in shows around the state without paying you a fair price for the items as compensation for your family. Some estate liquidators manage to forgo paying labor altogether by allowing their workers; usually family, friends and dealers, to have first dibs from your family treasures in lieu of payment for hours worked at the sale, during prep or even cleanup and hauling.
The best thing to do is hire a company that will let you be there throughout the entire process, or at least walk through all of the items before they start. Or go through a very thorough interview process if you can’t be around a lot. Again, a lot of how much time you should commit to overseeing an estate sale company depends on how valuable the items you have for sale are worth.
You can also research items on the internet fairly easily these days. There is even software that will match pictures you can take with pictures on the internet. Taking the time to research a company you may hire and research the items that will be sold will always pay off.
How Long Will it Take?
It can take 4 to 8 weeks from start to finish using a professional estate sale company to sell the contents of a house. If it is the busy season for companies that sell estates, it could take even longer. Then you will need time to sell the house.
First, you have to determine what kind of estate sale company to use. A good place to start is from the How to Choose an Estate Sale Company list above then start calling the different companies to see if they will meet your needs. Then the company you decide on will come to the house and give you an estimate of what you might receive from the estate sale and explain their pricing structure. You may want to meet with more than 1 estate liquidation company. Most estate sale companies will get about half of the proceeds of the total sales. If you agree on everything, the company you choose to sell the contents of your house will let you know when they have an opening to conduct the sale. The estate sale people will then come in and organize and display everything throughout your house.
I think it is a good idea to be in the house when the items are being made ready to sell and during the sale process especially if there is a lot of stuff you have not gone through yourself. If this process will take too long for you, you may want to consider selling your house quickly to a professional house buying company that will buy the contents of your house and the house in one simple and easy process. Call 801-382-9199 today.
Below are some questions you can ask the liquidation companies you research.
Questions You Can Ask Estate Sale Companies
- How many days do you think it will take to set up?
- What is your commission?
- Are there fees besides your commission?
- Do you have insurance? What types?
- How long after the sale will I be paid?
- Do you have an appraiser on staff or access to one?
- What is your field of expertise? Antiques, Art, Furniture, etc?
- How many people do you generally have staff a sale like mine?
- How will my home be left? Broom Clean, Empty, etc?
- Do you or your employees buy items?
- Do you have a store?
- Do you have a contract? Can I take a copy home with me to look over?
- Do you pre-sell or allow people early entry?
- Do you charge sales tax?
- Do you have any sales coming up that I could visit to see how your sales are conducted?
- How many days will the sale itself be?
- When would you be able to do the sale (dates and times)?
After doing all of your research and calling different estate sale companies, you are still left with a house to sell. Here are some suggestions for selling a house quickly with or without an estate sale.
I Inherited a House and Want to Sell it
The first thing many people will want to do is decide if they want to hold an estate sale and do the work themselves, hire a professional estate sale company or sell the house as is to a professional house buying company that will buy the house and the contents of the house. Much of this article has been written with information on how to decide to proceed forward picking an estate sale company and selling a house.
We are always here to answer your questions and to help you with your decision making process. Of course we will buy your house that is for sale after an estate sale, or we will make you an offer on your house and all of the contents. We can make everything simple & easy.
Call us today at 801-382-9199 or fill out the form below after the video.
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