Sunday, July 9, 2017

New York Estate Sales Companies Increasing Audience And Profitability

By Mark White


Manor auctions are sometimes much like garage auctions. These types are best for liquidating a house full of furniture and other items that are somewhat unremarkable and might be found in anyone's home. These deals typically do not include items of exceptional value such as jewelry and antiques. The article penetrates through the How to plan a successful auction New York Estate Sales.

Have a winning image. Power grooming is one of the best ways to achieve a wining image. Your appearance is the first thing, your client will see. This will give him or her, an idea of who or what kind of professional he or she is dealing with. Personal image is also a way of communication, without having to say anything. It shows your clients your work ethics, and how much importance you give in the sales transaction.

For this reason, individuals usually hire a company that specializes in such auctions. These companies coordinate the efforts, inventory the property, value said items, promote the auction and comply with legal issues such as probating assets. What's more, estate deal businesses have an established following which practically guarantee customers.

Thus, combining the features of online auctions with the face-to-face and local nature of traditional estate/garage auctions may benefit all garage auction companies, both large and small. Sales organizers will substantially expand their traditional audience, while still allowing new buyers to firmly rely on the "What You See Is What You Get" promise; in contrast, buyers at online auctions with no traditional component frequently cry: "What You See Is NOT ALWAYS What You Get."

Offer alternatives. One of the tried and tested closing techniques that most successful salespeople use is that they give options. They give pros and cons of two possible investments, and they try to cite which is more favorable to the client. Most concerns vary and depend on location, feasibility, lifestyle offerings and budget.

Before and during the transaction, the company will offer some services that are key to a well-managed and successful event. These services can include targeted advertising, professionally organizing all the items, properly appraising them for fair market value (many people mistakenly throw away valuable items), clearly labeling all prices, cleaning and displaying all items to bring better prices and the auctioneering and collection of monies.

The sale itself can run from a couple of weekends to several days. You should expect there to be a presale for friends and family before the sale to the general public. On the last day of the sale, significant discounts might be offered to clear remaining items. If items remain unsold, many estate sale companies offer a "cash buyout" as part of their contract, and it is usually based on a percentage of the asking price. If there isn't a buyout provision, consider donating the items to a favorite charity, and don't forget to get a receipt.

Grow your network. When you have already exhausted your friends' list and sent private messages to all your contacts, it is time to create more connections. From your existing list of clients, you can grow this by asking for referrals. But before they even give you one, you have to ensure that they are satisfied with your service, or else they won't recommend you.




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