Auction Intake & Estate Services Provided
1. On-Site Cataloging: For large estates or businesses, we offer on-site visits to catalog items. We will create a customized schedule to suit your timeline and needs.
2. Item Pick-Up: We come to your location and collect items suitable for auction. This service includes an additional commission or hourly moving fee, depending on volume and logistics.
3. Buyout Option: After reviewing your items for market value, we present a cash offer for all items we can resell. This is a quick and convenient option for complete liquidation.
4. Item Drop-Off: If your items have been pre-approved (via email or text), we'll coordinate a drop-off date. This option allows you to deliver auction ready items directly to us.
5. Clean-Out / Trash Removal: For items that do not meet consignment value, we offer a clean-out service. This includes removing unwanted items and trash, leaving the space broom-swept. Charges apply based on the scope of the work.
Auction Processing: Step-by-Step
1. Item Intake: Items are brought to our facility, either via drop-off or arranged pick-up, and logged into our system.
2. Visual Inspection: Each item undergoes a visual inspection to assess condition and identify any notable features, damage, or markings.
3. Cataloging: We professionally catalog your items, including detailed descriptions, measurements, and high-quality photographs for maximum buyer interest.
4. Auction Listing: Items are uploaded and listed on our online auction platform, where they are marketed to a broad audience of buyers.
5. Sale & Pick-Up: Once sold, the winning bidder arranges item pick-up through our scheduled pick-up process.
6. Settlement & Payout: After the auction closes and items are collected, a settlement statement and check are mailed to you, typically within 14 days from auction closure.
Seller Evaluation Criteria:
Before accepting items for consignment, we consider the following factors to ensure a successful auction experience for both parties:
1. Quantity of Items: We assess the number of items you have to determine if there is enough inventory to warrant a dedicated auction or to group into an existing sale.
2. Estimated Market Value: We evaluate the average expected sale price per item or lot to ensure it meets our minimum value threshold for online auction viability.
3. Labor & Handling Requirements: We factor in time, labor, and resources required to sort, catalog, photograph, and transport your items. This helps determine if the consignment is cost-effective and manageable.