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Question DetailsAsked on 3/23/2014

I want to downsize my household. Need someone to come to my house, appraise and sell for me.

Over 50 years worth of furniture (a few antiques), books, kitchenware, home accessories, porcelains, collectibles, and loads of bric a brac. We are too elderly and poor to take our items items to an auction house or consignment shop so need someone who has experience and can come to us and charges reasonable rates.

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2 Answers

1
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I think you can search the list for Estate Sale professionals.


They should be your best match for someone that can see to the sales of the items in question.



Source: http://answers.angieslist.com/Looking...

Answered 5 years ago by WoWHomeSolutions

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Sounds like you might need a few people to help. Perhaps an Organizer - Home and Garage if you need help sorting out the junk from the to-be-sold stuff.


As far as selling, you have a couple of choices - if you are seriously downsizing (like full house with 50 years stuff to small apartment or group housing or assisted living or such), then an in-home auction might be viable, assuming you have enough space to hold one, or yard space for an outside one,


Otherwise, an auctioneer will collect your stuff and take to their auction barn, and auction at their normal weekly or biweekly auction.


If you know you have antiques and collectibles of value, then you may need an Estate Appraiser for that, or separate valuations by heirloom and collectible shop owner, antique furniture store owner, bookstore owner, etc. Then once those items have valuations, you can decide whether to try to sell separately, or auction with a reserve (bottom limit) price with the other possessions, or go with a specialty consignment or auction place for the valuables only.


An honest licensed auctioneer can be a lot of help in locating appraisers, and in advertising in specialty newsletters and online blogs for collectors.


Cost obviously depends on your situation - organizing can be a day or two to several weeks (from basically sorting sale from take or junk items, to a hoarding situation at the extremes) at $100-250/day depending on expertise. Auctioneers commonly take about 15-25% of the sale proceeds, plus commonly a 10% additional fee paid by buyers "buyers premium". Depending on sale size, auctioneer may or may not share in appraisal fees, paid sale advertising, and in things like auction tent and chair rentals and such. Generally, they are not going to share in much of the cost of a small auction (say $5-10,000 range for a simple household), but will for ones with higher value ($20-40,000) in estates with antique or nice furniture, antique items like true collectibles or old toys or period clothing, etc.


If you go with antique and collectable stores, they will generally only want the cream of the crop, which then makes auctioning the remainder less attractive to an auctioneer so you may end up with an organizer doing a garage sale for you with the remainder. They also will only give you 10-30% typically of market value on the items, unless very high-end.


Make sure anyone dealing with you is reputable and long-established in business, licensed and well-established if an auctioneer, has good recommendations. Also be sure truly valuable items are enclosed in glass cases during setup and auction, and that public is kept out of the house if being done in-house. Auctioneer will usually bring glass cases to display valuable items.

Answered 5 years ago by LCD




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