When holding a private sale or brokering an estate is the best route to take, we will suggest this option. There can be several reasons for taking this route of liquidation including parking constraints, not enough merchandise to conduct a public estate sale, or simply you the client do not wish to have a public sale.
The guidelines for brokering or hosting a private estate sale is different than that of a public estate sale. Clientele consists only of select and invited buyers who we believe will take an interest in the estate. They are given appointment slots in which to see the estate and select their purchases. We can open this to family members and friends via "by appointment only" slots where they can be given times to sign up to see the estate. The commission for this service is decided upon review of the estate and may include a minimum. Optional estate services available to public sale clients are also available to our private clients upon request.
Our normal rate for this service is $1200 minimum with a 33.3% commission after the minimum equivalent is met. This means if we reach over an approximate total of $3600 in sales, you are no longer charged the minimum and will only be charged 33.3% of the sale revenue. The minimum and commission rates may change depending on the estate.
We do not provide cleanout or buy out services for private estate sales we conduct as we feel this is a conflict of interests, but can assist you in connecting with a third-party company to handle such services if necessary.