About CarolI have been conducting estate sales, personal property liquidations and appraisals for the past thirty years. I conduct total liquidations of personal property. I do so by holding both publicly advertised and private sales, or a combination of the two. Most sales are conducted on premises. Although it is not required, I prefer to have unlimited access to the premises during the sale, as some items require multiple private showings. The entire process usually takes one to two weeks. The actual sales are two to three days and are typically comprised of private sale (by invitation only) on Thursday and a public sale on Saturday and Sunday.
Once the contents of the sale are agreed on, I will sort, research, tag and price each item. Prices are based on fair market value. Fair market value being, "the price at which a willing seller would sell and a willing buyer would buy, both having knowledge of all the circumstances, and neither being under any obligation to sell or buy". Fair market value and appraised value are not the same. Not all items will sell in a given area or location at appraised value. Some items will bring more and some will sell for less. Some of the factors affecting this are local demographics, economic trends and the availability of target consumers in the area. Once the contents of the sale have been agreed upon and a fair market value has been established, if for any reason items are removed from the sale the customer will be obligated to pay a commission on the item. My commission is 25% to 35% of the total proceeds of the sell and is due upon completion. I pay for all labor, equipment and advertising involved in conducting the sale, unless otherwise negotiated. If the sell is held outside the Greater Birmingham Metropolitan area, mileage and expenses will be charged in addition to the commission. I am also a professional appraiser. My fee for appraisals is one hundred and twenty five dollars per hour plus mileage and expenses with a three-hour minimum. Although I am a professional appraiser, I do from time to time use outside appraisers to establish fair market value for unique or extraordinary items. I pay the fees for those appraisals. |
ServicesDedicated to helping families liquidate and settle estates of loved ones.
Services we offer you: -Move & Rearrange Furniture -Provide Tables, Racks, and Supplies to display your treasured items -Organize and categorize items -Price items based on fair market value -Provide all tags, stickers and signs for pricing -Advertise via Newspapers, customer subscribed email lists & street signs -Notify Loyal Repeat Customers! |
