Find answers to common questions about our liquidation, appraisal, and auction services.
General Questions
What types of items do you handle in estate liquidations?
We handle all types of personal property including furniture, antiques, collectibles, artwork, jewelry, household items, tools, and specialty collections. Our experienced team can assess and liquidate virtually any type of personal property.
How long does the liquidation process typically take?
The timeline varies depending on the size and complexity of the estate. Most residential estate liquidations take 2-4 weeks from initial consultation to final settlement. Business liquidations may take longer depending on the scope of assets involved.
Do you provide free consultations?
Yes, we provide free initial consultations for all potential clients. During this consultation, we’ll assess your needs, explain our process, and provide a detailed proposal with no obligation.
Estate Liquidations
How do you determine the value of items?
Our certified appraisers use multiple methods including comparative market analysis, auction records, and industry databases. We consider factors like condition, rarity, provenance, and current market demand to establish fair market values.
What happens to items that don't sell?
We work with you to determine the best course of action for unsold items. Options include donating to charity (with donation receipts for tax purposes), additional marketing efforts, or disposal services if items have no residual value.
Do you handle the entire estate sale process?
Yes, we manage every aspect of the estate sale including sorting, cataloging, pricing, marketing, conducting the sale, and handling all transactions. You can trust us to handle everything professionally while you focus on other matters.
Business Liquidations
Can you liquidate a business while it's still operating?
Yes, we can work with operating businesses to liquidate excess inventory, outdated equipment, or specific asset categories without disrupting your ongoing operations. We’ll coordinate timing to minimize any impact on your business.
How do you handle confidential business information?
We maintain strict confidentiality throughout the process. All team members sign confidentiality agreements, and we can work with your legal team to ensure all proprietary information is protected.
Do you provide business asset appraisals for insurance purposes?
Yes, our certified appraisers can provide formal appraisals for insurance, legal, tax, or financing purposes. These appraisals meet professional standards and are accepted by insurance companies and financial institutions.
Auctions & Sales
What's the difference between live and online auctions?
Live auctions create excitement and competitive bidding in person, often achieving higher prices for unique items. Online auctions reach a broader audience and are convenient for buyers. We often use hybrid approaches to maximize exposure and results.
What fees are involved in your services?
Our fees are typically based on a percentage of the gross proceeds, with no upfront costs to you. The exact percentage depends on the type and scope of services required. We’ll provide a detailed fee structure during your consultation.
How quickly do I receive payment after a sale?
Payment is typically processed within 10-14 business days after the completion of a sale, allowing time for check clearance and final accounting. We provide detailed settlement statements showing all sales and associated costs.
Appraisals
Are your appraisals legally binding?
Our appraisals are conducted by certified professionals and meet industry standards for legal, insurance, and tax purposes. They are widely accepted by courts, insurance companies, and the IRS.
How much does an appraisal cost?
Appraisal costs vary based on the complexity and number of items being appraised. We offer both hourly rates and flat fees depending on the scope of work. Contact us for a customized quote based on your specific needs.
Can you appraise items for estate tax purposes?
Yes, we regularly provide estate tax appraisals that meet IRS requirements. Our certified appraisers understand the specific documentation and valuation standards required for estate tax purposes.
Still Have Questions?
Our team is here to help. Contact us for personalized answers to your specific situation.