The Complete Process of Estate Liquidation Services

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The Complete Process of Estate Liquidation Services

Whether you’re facing the unfortunate circumstance of managing a departed loved one’s worldly possessions, or you just have an overwhelming amount of personal belongings in your home and need to jettison the lot of it, it’s always best to educate yourself on the process of home and asset liquidation services in St. Cloud. Below, we have listed the main steps that are taken once a possession removal company is contracted.

Removal Services Initial Visit: In-Home Consultation and Cataloging

After contacting your St. Cloud liquidation service center, an appointment is made to view the property and sit down to go over the contracts and legal paperwork. This is so that after the auction, you will be presented a check of the net worth made in the sale. Once the paperwork has been completed, the next step is to assess the contents of each room. Cataloging the larger items, the antique items, etc. into different categories like household items, furniture, clothing, literature, electronics and so on. Giving you the opportunity to gather sentimental possessions or remove items you wish to keep from the auction.

Liquidation Services: Estate Removal Day

When the scheduled day of your estate removal service comes about, plan for your provider to arrive ready with a plan of action in hand. This plan should include preparing all relative items for transport by bubble wrapping, boxing, sorting, and gathering like articles to be cataloged and coordinated for easy identification throughout the entire process. The liquidation service team will work quickly and efficiently to remain on schedule while taking great care and consideration of all belongings. Depending on the lot size of your items, a suitable truck capable of transporting all elements regarding the auction will come to your site in St. Cloud. This truck will then travel to the warehouse or auction gallery, where items will be closely identified, priced, and prepared for sale.

Estate Liquidation Services: Auction Day

After we have removed all of the items from your St. Cloud residence and transferred to the auction house or warehouse, we display the items as a lot of merchandise for the bidding groups to inspect. The goal of our complete liquidation service is to keep the lot of articles together and allow bidders to create a price based on the gross worth. This prevents nit-picking and low-balling by auction vultures, and allows the greatest price to be bid on the entire lot of items. Our auction houses maintain an enthused audience of vetted buyers and estate newbies alike, this makes for a great crowd of interested buyers to compete for the goods.

Estate Liquidation: Post-Auction

When the auction has commenced, the items are now the belongings of a happy bidder in St. Cloud. You are then presented with a check for the net worth of the item lot. The post-auction check will already have our fee for liquidation services rendered, typically around 30-35% of the gross worth, which goes towards the fee, our employees, fuel, and the auction gallery.

Contact Orlando Estate Auction at (407) 290-1000 if you’re facing the difficult task of estate removal. Don’t begin that expedition alone! Let us help!