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NEED AN ESTATE SALE?
- Contact several reputable estate liquidators in your area as soon as possible to check availability. It can take 2 weeks or more to prepare for an estate sale. Schedule an on-site meeting to discuss your needs and how the liquidator can best assist you. Be sure to ask for references. You do not get a second chance to liquidate personal property.
- Verify with the neighborhood, homeowners, or building association that an estate sale open and advertised to the general public is allowed at the premises. Be aware of any by–laws, codes, and/or rules surrounding a public sale in your area.
- Ensure no more than one estate sale has occurred at the premises within the previous 12 months. City code prevents more than two sales at the same address within 12 months.
- Definitely decide on which items you want to liquidate. If liquidating items belonging to another owner, have on hand legal and binding documentation which authorizes and authenticates your ability to liquidate designated items. Documentation may include, but is not limited to, Bill of Sale, Power of Attorney, Will, Letters of Testamentary, or Letters of Administration.
- Do not throw anything away! Just because an item is old and dirty doesn't mean it is not valuable. Even pieces of a broken item can help increase the overall value. Let the estate liquidator determine what is trash and what is treasure.
- Gather any receipts, sales slips, or earlier appraisals that relate to the items being liquidated.
- Gather any historical information or family history that relate to the items being liquidated.
- If a vehicle is to be sold, please have the car and the car registration available.
- Document ALL items to be excluded from the estate sale — including fixtures, appliances, etc. Make arrangements to have excluded items removed from the premises prior to the estate sale, if possible.
- Ensure standard homeowners liability insurance exists for the premises which covers all staff, guests, and invitees who attend the sale.
- Ensure there will be adequate electricity, water, and seasonably appropriate heating or air conditioning to the premises.
- Selling the house? Be sure the realtor has listing information on hand for the liquidator to distribute to interested shoppers. If the house is under contract, be sure the estate sale occurs prior to closing.
- Consider what should be done with items remaining after the estate sale.
- ALWAYS get it in writing! You never get a second chance to liquidate your personal property. Be sure everything you agree to is clearly spelled out.
These are just a few of the many things that should be considered and discussed when planning for an estate sale. Overwhelmed? Do not worry - Ruth Taylor Estate Sales, Inc. can handle any unique circumstance.
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NEED TO SELL SOMETHING?
- Definitely decide on which items you want to consign. Unless agreed to in advance, Ruth Taylor Estate Sales, Inc. does not handle individual items or groups of similar items with a value under $100. If liquidating items belonging to another owner, have on hand legal and binding documentation which authorizes and authenticates your ability to liquidate designated items. Documentation may include, but is not limited to, Bill of Sale, Power of Attorney, Will, Letters of Testamentary, or Letters of Administration.
- Create a written inventory of all property being consigned. Whenever possible, provide photos of all items and measurements of all furniture.
- Gather any historical information or family history that relate to the items being sold.
- ALWAYS get it in writing! You never get a second chance to liquidate your personal property. Be sure everything you agree to is clearly spelled out.
These are just a few of the many things that should be considered and discussed when consigning personal property. Ruth Taylor Estate Sales, Inc. can handle any unique circumstance.
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NEED A PERSONAL PROPERTY APPRAISAL?
- Determine how the written appraisal report will be used. Values fluctuate greatly based on the function of the appraisal.
- Definitely decide on which items you want to have appraised.
- Ensure items tucked away or packed in boxes are put out for viewing.
- Put all china, crystal, silver, and flatware of like pattern together.
- Ensure there will be adequate lighting and heating/cooling.
- Gather any receipts, sales slips, or earlier appraisals that relate to the items being appraised.
- Gather any historical information or family history that relate to the items being appraised.
- If a vehicle is to be appraised, please have it and its registration available for inspection.
- If this is an estate appraisal, please provide the date of death.
- If there is a will, please ensure all items specifically bequeathed are available for inspection.
- ALWAYS get it in writing! Be sure everything you agree to is clearly spelled out.
These are just a few of the many things that should be considered and discussed when consigning personal property. Ruth Taylor Estate Sales, Inc. can handle any unique circumstance.
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