Estate liquidation is a great option if you find yourself in need of or have inherited a property with too many items. If you live in the Winter Garden or Orlando area, Orlando Estate auction can help you turn your physical assets into cash. Many people use the cash they earn from an estate liquidation to help make payments on their inherited property, pay taxes, or set aside the money for renovations to prepare the home for resale.
If you need to receive an influx of cash quickly, liquidating assets is the perfect option. You can choose to liquidate your assets through an estate auction or using our consignment services.
Estate Liquidation Options
When deciding on what process to go through with your liquidation process, you must understand the different methods. There are three main ways to sell a large quantity of items:
Estate Auctions- Auctions are conducted at an auction house by an auctioneer. Each item has a starting price and buyers can bid on an item; the item is then ‘sold’ to the last bidder. Each bid drives up the price of the item, so the more bids an item receives, the higher it will sell for. Auctions take place over the course of several hours and end when every item has been sold.
Estate Sales– These types of sales are usually held on the estate’s property and run much like a yard sale. You not only have to organize and prepare each item for the sale, but you also must determine an appropriate price. Without the help of an estate appraiser, you could be over or underpricing your belongings. In addition, estate sales can last for days and leave you with many unsold items.
Consignment – If you don’t have that many belongings to sell or have leftover items from your estate sale, there is also the option to sell them to consignment. At Orlando Estate Auction, we will purchase your unwanted items without you having to go through the auction process. Fill out our online form to learn more about this option.
If you live in the Winter Garden or Orlando areas and are looking to downsize a considerable amount, our estate liquidation and consignment services can help!
Downside to Using a Pawn Shop
When looking to sell your items, you may consider taking your belongings to a pawn shop. However, it can be very difficult to get a good price on your items at a pawn shop. Pawn shop owners will often offer a lower price for an item than it is worth. This is because of the way pawn shops function. Pawn shop owners don’t have specific buyers for each item; they purchase an item and hope that someone else will eventually buy that item from them. They run the risk of purchasing items that will never be sold, so in order to make a profit and reduce their risk, they must purchase the items below their worth.
It is also very unlikely that a pawn shop will purchase an entire estate. Usually, they will only purchase items that are in-demand at their shop like jewelry, antiques, and technology.
An estate auction is the most effective way to quickly sell your items at a reasonable cost. If you’re looking for estate liquidation in Winter Garden, look no further than Orlando Estate Auction.
Why Work With Orlando Estate Auction?
At Orlando Estate Auction, we help residents in the Winter Garden area quickly liquidate their belongings for a fair price. We not only pick up and transport your items to our secure auction house, but we will prepare each item for auction. Our auctions are held every Saturday and Monday, and consignment checks are sent out the following Wednesday. With little effort and a quick turn around time, why choose anyone else? To begin your estate liquidation, fill out our online form or give us a call at (407) 290-1000.