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Everything you ever wanted to know about an Estate Sale

Justin Time Auction conducts Estate and Liquidation Sales onsite at the owner's residence or place of business. It is to the benefit of the estate or company to hold the sale onsite whenever possible. In the event this option is not possible, we will make arrangements to relocate the sale to the banquet hall where we hold our antique and collectible sales. If these options are not feasible and you prefer, we will offer to buy the entire or partial contents of the house, apartment or business rather than conduct an auction. Estate auctions can be set up within a month and are settled within ten (10) days

WHY CHOOSE THE AUCTION METHOD?

WB01342_.gif (412 bytes) It is the modern method of marketing
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It stimulates enthusiasm
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Items sell at a specifically set time and/ or     deadline
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It is convenient and economical
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It secures the highest possible prices
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It promotes competition
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Auction advertising is more effective
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It is the fairest method
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It can resolve family disputes over personal property distribution
WB01342_.gif (412 bytes) It gives everyone an equal chance
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It can bring more than the asking price
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It motivates everyone involved
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The price realized is true market value
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The price is set by more than one person
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Removal of the goods is immediate
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Auction company prepares the sale
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Bidders use their own judgment
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Risk is reduced to a minimum
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It is the quickest and most efficient way
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Fast cash settlement 

How Does an Auction Work?

WB01342_.gif (412 bytes) Our auction works on a commission basis
WB01342_.gif (412 bytes) Our fees are based on a sliding scale
WB01342_.gif (412 bytes) We sell items to highest bidder
WB01342_.gif (412 bytes) We take care of all advertising
WB01342_.gif (412 bytes) We setup & organize sale for successful completion
WB01342_.gif (412 bytes) We do not get paid until estate sells
WB01342_.gif (412 bytes) We take care of all advertising
WB01342_.gif (412 bytes) Estates are settled within 10 days
WB01342_.gif (412 bytes) The greater the value of estate, the less the rate if commission

WHAT ARE OUR COMMISSION RATES?

Many factors are considered in establishing commission rates on estate sales.   Generally, rates vary from 15% to 30%

WHAT FACTORS DETERMINE THE RATE?

- The value of the contents of the estate
- Advertising costs
- The hours of labor involved in preparing for the sale
- Whether or not items have to be relocated
- Other expenses out of the ordinary

WHAT ARE OUT OF THE ORDINARY EXPENSES?

- Permits
- Bathroom facilities
- Dumpster fees
- Electric
- Set up labor
- Security and hall rental

HOW IS AN ESTATE SALE ADVERTISED?

- Internet website
- Trade papers
- Local newspapers
- Fliers
- Direct mailing

   






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