Estate liquidation is something that you may have heard of if you have recently looked into downsizing your home. Typically, one wouldn’t liquidate their estate unless they were trying to sell most of their belongings. However, if that is your case, then you need an estate liquidator that you can trust to be there for you every step of the way. At Grasons Co. Estate Sale Services, we offer a variety of home estate sale services ranging from estate liquidation to downsizing, home staging, and more! We make it our mission to be there for our clients and make the process as easy as possible. If you would like to learn more or schedule an appointment, contact Grasons today!
There may come a time in your life where you need to hire an estate liquidator to help you sell either your belongings or the belongings of a loved one. When that time comes, it’s important to have an understanding about this process. In today’s post, we will discuss what an estate liquidation is, what an estate liquidator does, and when estate liquidation services may be necessary.
What is an Estate Liquidation?
An estate liquidation involves the selling of the entire property of an estate, as well as any belongings and assets. Those in charge of the estate will work with an estate liquidator to price and catalog any items that will be sold. In most cases, these items are sold in an auction-type setting, and the item will be given to the highest bidder. If the estate liquidator so chooses, he or she can offer a cash buyout for anyone who wants to purchase the contents of the estate in their entirety.
What is an Estate Liquidator?
The estate liquidator is the person who will oversee all of the operations of the estate liquidation. Typically, the entire process is broken down into three parts, including the pre-sale, during the sale, and the post-sale.
During the pre-sale, the estate liquidator will appraise all of the items that are for sale. In many cases, some of the items will be valuable antiques or family heirlooms that require a trained eye to ensure that they are appraised and priced correctly. Pre-sale duties of the estate liquidator also include setting up for the actual sale.
As part of the sale, the estate liquidator often performs a variety of tasks. These tasks can be anything from tracking sales to managing emotional clients that are having a hard time letting go. This part of the job can often be frustrating and stressful for the estate liquidator.
Once the sale is complete, the estate liquidator has to package and deliver any items that were too large for the buyer to take home that day. If any items didn’t sell, it falls on the estate liquidator’s shoulders to figure out what will happen to them. That being said, the job of an estate liquidator doesn’t end there; they also have to tackle numerous other tasks, including cleaning up the estate, keeping accurate records, networking with realtors, and more.
When is an Estate Liquidation Necessary?
Estate liquidation is only necessary in a few cases. If you are planning on moving to a new location and you only have a few items to sell, typically you will sell them in a garage sale. The most common reasons that one would hold an estate liquidation sale include when a senior citizen is relocating to a nursing home and it makes more sense for the family to liquidate the estate or when a family member dies. That being said, there are many reasons that you would decide to liquidate your estate. It all depends on what is best for you and your family.
Contact Grasons Today!
No matter what your situation may be, the professionals at Grasons Co. Estate Sale Services want to help make the process as easy and painless as possible with our estate liquidation services. Our experts have years of experience with home estate sales, and we make it our mission to be there for you every step of the way. To learn more, browse our website or give us a call to get started today! We look forward to seeing you soon.