Real Estate and the sale of Heritage

Sale of states is a term in the world of auctions that generally refers to a home or selling real content. This can also refer to a sale of inheritance, and is usually a big event in terms of items offered for sale. As the articles represent a content of a home, they often cover a very wide range of furniture, art and antiques, paper ephemera and all the way up household items every day that fall within a broad category of objects decoration.

When an owner of a state or inherited content, go to the task of selling the property always face a series of questions:

a. Where to sell the collection?

b. Should the collection be sold separately in one or in groups of similar items?

c. Where to find an expert who can properly evaluate all the elements and not just simply apply a generic value to groups of items?

The easiest way for a sale of the contents of a house is a local auction house. The major international auctioneers of which we hear in the news only manage special collections and rare articles of good quality, and that is why they are divided into strict categories, as nineteenth century furniture, paintings, old masters oil, watercolor, oriental ceramics and works of art, carpets, glass, books and manuscripts, and many more. A different department usually lead a specialist sales and big auction houses are about one hundred apartments each.

And because they have a huge number of specialists who have to be paid, they can not afford the acceptance of articles of "small value" and enter a threshold, usually between £ 2.000 - £ 5.000. Therefore, they are unable to cope or even come and look at the contents of a house "general".

When it comes to local auctions, most of them are basically due to sales of local states. The busiest auction houses often lead one or two sales each month status. The good news is that they will be very eager to auction off the contents, but the downside is that they would like to do so quickly, usually in one or two days per sale. These auctions attract mostly traders and "auction brokers" who will buy the items at the cheapest rate possible and re-sell in a few days to more successful distributors. Therefore, be sure that the individual elements of the collection will have a very limited exposure to buyers and valuable collectors are actually willing to pay them fair market value.

One can clearly see the dilemma of these two examples. And there are other drawbacks to the auction. Commission with a VAT vendor on it - this could be as high as 20% of the hammer price of each item, auction and listing fees - usually have to pay a fee for each item photographed, and often by each item listed in an online catalog, the terms of payment - not expect to receive payment for your items sold any sooner than 4 and often 6 weeks after the sale.

So, what are the alternatives to sell a collection inherited, and the state or the contents of the house? Online auction sites like eBay can be an option, but due to the number of items involved in the sale consumes a large amount of effort and the results are not guaranteed at all. It is also necessary to have some knowledge of what they have, otherwise they support a good chance to sell their goods cheaper. A garage sale or a sale at a flea market - a need to be careful, as these places are for bargain hunters, and the buyer will not pay fair market value for most items.

A new genre has emerged in sales last year - online expert assessment with an option to sell and be paid within 2-3 days. Often, collect items for free, thus saving on shipping costs. The sites work with experts who can assess any item of personal jewelry and gold coins, through paintings, sculptures, art and antiques, collectibles and furniture of all kinds. A good example is www.62days.com. The company gets good reviews in the media and has been a "buzz" in the Internet art world for some time.



Happy and profitable sale!