Caring & Effective Estate Auction Services
If you or someone that you know needs to liquidate an entire or partial estate, we can help.
We organize, aggressively advertise and conduct successful estate auctions utilizing the auction method of marketing. Our professional services include everything from the planning, aggressive marketing and promotion, to cleaning, setup, clerking, and execution of a successful estate auction.
During the difficult time of carrying out the tasks involved with a family member’s estate, you can rest assured that we will be there to help. We will work hard for you, to ensure that maximum results are realized.
Before you even think about having a tag sale consider the following:There is no more efficient or fair means of liquidating an estate, or a family’s belongings, than a household or estate auction!
Here are some facts to be considered: If someone tags an item too low, the seller will never know because someone else will quickly buy it up. If on the other hand, the price is too high and it doesn’t sell, then the estate or the owner is stuck with it.
The only true way to arrive at a fair market value is to establish that value between two or more interested parties.
If you look at the value of an automobile, a US Treasury bond or the works of Van Gogh, you will see that it is an auction that has established those values. Auctions are the basis of value for almost every type of goods in the world today. The value of stocks, bonds, precious metals, commodities, livestock, antiques, real estate and yes, even humble household goods are arrived at through competitive auction bidding.
While a tag sale can disrupt housekeeping for as much as three weeks, with most auctions, the Auctioneer and support staff will come into the home and handle the setup just a few days before the auction.
All of the work performed by the Auctioneer and support staff is at a much lower cost than that of a tag sale. In most cases, the so called “junk” or the “miscellaneous items” will bring in more than enough dollars to cover the expense of advertising the auction. Remember, these are the very same items left over at the end of a tag sale for you to send to the land fill.
Everything sells! Nothing needs to be packed up and hauled off to the dumps or dealers for pennies.
Not only is an auction an advantage for the seller, it is also an advantage for the buyer. At a tag sale, only the first person that arrives or the tag seller’s staff has an opportunity to buy every item. At an auction, the items are offered for sale and every person present has an equal opportunity to purchase. The advantage of open competitive bidding is that the seller never has to worry about selling too cheap and the buyer never has to worry about paying too much.
If you think about it, an auction is the best way to bring together a willing buyer and a willing seller, which fulfills the true definition of “true and fair market value”.Call our office today for a confidential consultation. We realize that this may be a stressful time and will do our best by providing effective, compassionate and professional estate auction services.
Liberty Auction & Realty16520 Highway 104 North, Suite B
Lexington, TN 38351
731-249-5175 Fax: 731-968-9925
Jason Bates is a licensed real estate broker in AR, KY, and TN.