Recently certified to sell your home and land - developed and undeveloped --- call today!
No auction commission charged to seller.
Property sold "as is".
No contingencies or inspections.
Multiple potential buyers.
AUCTIONS ARE THE WAY, RESELLING IS TRENDING! WE CAN HANDLE YOUR BUSINESS OR ESTATE FOR YOU. WE CAN PICK UP YOUR ITEMS AND BRING THEM TO OUR AUCTION HOUSE OR WE CAN PUT TOGETHER AN ONLINE OR ONSITE AUCTION AT YOUR PLACE.
-Anyone interested in consigning for our next auction, contact Auctioneer Bill Graham at 757-755-7607
-Thank you and GOD Bless!
ESTATE AUCTIONS VS. ESTATE SALES
What’s the difference between an estate auction and an estate sale?
The purpose of estate auctions and estate sales, sometimes referred to as “tag” sales, is similar: to sell the contents of a home. It is the procedure that is different. The estate sale managers, or their employees, decide what price to put on each item. They write the asking price on a tag or label and attach it to the item. If items don’t sell the first day, the prices are reduced. At auction, the selling price is determined by the bidders, not the auctioneer.
Most owners are asked to stay away during the 2 or 3 day estate sale. This is not the case with an auction. With an auctioneer, you can choose to have your estate auctioned online or onsite. The benefit of online is that you get more exposure for your items, and bidders get more time to consider the items they want to bid on. You also do not have a crowd of people walking all through your house possibly breaking items or damaging your house.
You have the opportunity to preview the items to be sold before the sale starts at an auction. It is always to your benefit to thoroughly inspect anything that you might bid on, checking it for authenticity and condition. At a tag sale, especially if you are one of the first in line when the sale opens, you may not have time to thoroughly examine your purchases until you get them home. Someone could purchase the item while you are still looking it over.
Tag sales provide the best selection of merchandise when the sale starts, and the pickings get slimmer as the sale progresses. Some shoppers get in line at 4:00 A.M. for a good sale, just so they can be in the first rush through the door. Keep in mind that even if you are the first one in, the second shopper may head into a different room from you and find the bargain of the decade. Auctions allow everyone the same opportunity to purchase whatever is in that sale and you don’t have to stand in line for hours to get in.
If you are unable to attend an auction, you can usually leave absentee bids. A member of the auctioneer’s staff will bid for you on the items that you specify, up to but not over the amount you indicate. This works best if you have previewed the items. Bids are sometimes accepted at tag sales.
Got a complaint? Too bad, if it’s about an estate sale incident. There is no licensing or regulation in the estate sale business. Auctioneers, however, must be licensed in Virginia.
If you are the seller, you’ll pay a commission to either the estate sale manager or to the auctioneer. The auctioneer, however, may charge you a lower commission and make up the difference by including a buyers premium, paid by the successful bidders. This is usually a percentage of the hammer price. Items that don’t sell during an estate sale can be donated to charity, given away, or sent to the dump. Almost all items are sold at auction and nothing is left at the conclusion of the sale. If there is no interest in an item, it is grouped with a desirable item and both are sold together. With either method of selling, your home should be left empty and broom clean.
Sellers: *Land of Goshen Auction House handles every aspect for you. Whatever your need; whether you are settling an estate, downsizing, going out of business, reducing business inventory, or consigning with us. We market and advertise through various avenues and outlets. Auctions can occur: online, live onsite, or both.
Allow us to come to your business or home and set up an online auction, or conduct a live auction.
*Auctioneer Bill Graham can direct you on the type of auction that will be best suited for your particular consigned items. Every auction is unique.
*Call today for an appointment. 757-755-7607
Thanks and GOD Bless!