FITNESS TRAINING
How To Find The Right Estate Sale Company.
What questions to ask?
1. Do you have a written contract?
It is essential to work with an estate sale company that provides a written contract. This agreement should clearly outline all the terms, including the timeframe, the responsibilities of both the client and the company, commission, and fee structures, payment details, and post-sale home conditions.
2. Is the Estate Sale Company insured?
Do not engage with a company that lacks insurance coverage. Without insurance, you, as the homeowner, bear the full liability. Additionally, uninsured companies may be less reliable.
3. How quickly are proceeds paid after the sale?
Proceeds must be paid promptly after a sale. A delay of more than a month is a red flag. Most reputable companies will pay within one to two weeks.
4. How often do you conduct estate sales?
When choosing an estate sale company, it’s ideal to select one that is consistently active and regularly handling sales. Typically, a company should host sales at least every two to three weeks.
5. Do you accept credit cards?
Many estate sale companies still do not accept credit cards, which limits potential buyers. While not mandatory, we strongly recommend offering credit card options to increase sales, as many customers do not carry cash.
6. What is your pricing structure? Do you have any additional fees on top of your commission?
It’s highly advisable to work with a company that operates on a commission-based structure rather than charging a flat upfront fee. A commission model means the company is invested in achieving the best possible outcome for you.
7. Do you have a website?
A professional, full-time estate sale company should have a website to establish credibility and make it easier for clients to learn about their services.
8. Where do you advertise?
An estate sale company should advertise across multiple platforms to maximize exposure and attract potential buyers.
9. What do you do with the remaining items after the sale is over?
Most companies will provide you with a clean-out or donation option. What you do not want is a company that either keeps or buys all the leftovers at a discount. They priced the items originally and then get to buy them when they don’t sell. This generally means they will price your items too high so more items are left over. It creates a conflict of interest. These companies may even advertise this as an advantage to you because you “sell everything.”
10. Do you have a store?
This is a tagalong question to the last one: if they do have a store do they source it with leftover items from the sales they host?