How to sell an Estate! Compare the difference

So, You want to sell items from an estate or you are downsizing and need to off load! Well this is what you are not aware of when you sign a contract to do an online auction: When you use an online auction, there is no reserves on the items you are selling so, they could sell for as low as $1.00. When and item sells for $1.00 you still owe the auction company $9.00. That is correct they only person making money is the auction company. It would have been better to donate this lot than sell it.

You can see with these 2 lots that sold for $1.00 each. The auction company took the $2.00 and will still charge you $18.00… This may not be your best option.

Terms	Treasure Content Sale	Consignment Store	Online Auction
What we Sell	Everything	Very Selective	Almost everything
Turn around Time	2 weeks	up to five month	1 month
Moving Costs	None	Owners responsibility	None
Pricing	Maximize sale value	Price drops until it sells	Sold to highest bidder, sometimes $1.00
Items not sold	left for family or Donated to Charity	Donated to Charity	Left for family
Min Amount per item	None	unknown	none
Min. Commission	None	50% of sale value	Min $10/lot or Min $750 per sale or 30% whichever is more
Settlement	Same day as sale	15th of each month. But will not reissue lost or stale dated cheques. Will not call when payment is ready.	2 weeks after closing of auction