Get professional estate liquidation sales when you turn to Wm Roland Appraisers. We have years of experience in this field and help people from across the New York area and beyond with estate liquidation. Many places pf operation close their doors, which means something needs to happen to everything inside. This is precisely where liquidation sales come into play. What this does is allow for a company to sell off its assets to generate cash. Then use that cash pay to off creditors to shareholders, or what have you.
Estate Liquidation is what we here at Wm Roland specialize in. This is when you have a large estate and want to unload the property for various reasons. We have the expertise to help determine the pricing on all sorts of antiques, fine and contemporary art and other luxurious items. Different than your run-of-the-mill store chain liquidation.
Let's learn more about liquidation sales and its purpose. For more information about how WM Roland can help with this process, please contact us today. We will happily answer any questions or concerns you may have regarding estate liquidation and all that it encompasses. So please, do not hesitate to reach out to us to learn more about our services.
The basic definition of a liquidation sale is the process of a company selling its assets to pay back creditors. Liquidation sales often happen when a company has filed for bankruptcy and thus plans to go out of business. So, in a nutshell, liquidation sales are a last ditch effort to get some cash to ensure this whole process goes smoothly. All of the proceeds of this sale must go to any shareholders or creditors. However, a profit is still possible for the business owner. If everyone who needs to be paid gets their money, then the rest of the profit can go back to the owner.
Liquidation sales include everything under the sun. So it is more than simply products and inventory. These sales also include décor, office equipment, company vehicles, store fixtures and furniture, packing supplies, machinery, leases, and even art! Anything that holds value for your company can be sold.
And that is when we come in! We help set up professional liquidation sales to make sure you get the most money for the items you are selling. We will help you determine what can be sold, where, and the price to sell it for. Our staff will make sure you get the maximum amount of cash for your assets. We mainly work with contemporary and fine art, as well as antiques, jewelry, designer handbags, and other high-end items.
A good rule of thumb for liquidation sales is that they last about eight to ten weeks. When we work on a sale, we want to be thorough and make sure you are getting every penny. We have years of experience, which helps us determine a price of sale. As well as the history for the company we work with. Through this method, we will determine the price of the item.
When these begin, we start them at their highest price. As the sale moves on over time, any unsold items become more discounted. It is obviously always better to get some money than no money! And thus maximizing your return on these sales.
On top of helping you sell, we also help you determine where to send the items. This is more for retail items that need to sell in large quantities. We will help you find the right store, get the right price, and do our best to help you sell all the items.
Another benefit of turning to WM Roland for your liquidation sales is for our professional pricing strategy. We know exactly how to leverage the price of something to make sure it sells for the most money possible. In general, items that a slow sellers start with a steeper discount. However, the more popular items will only have a modest discount. Many discounts in liquidation sales reach up to 80 or 90 percent by the end of the sale. So when it comes down to the end, there is not a whole lot of high demand items left to sell. Which means it is crucial to have an effective pricing strategy and get the most bang for your buck when you can.
It is standard practice for the purchases to be final for all liquidation sales. And it is a general rule that discount programs and coupons are not valid. And perhaps even the halting of gift cards. The high point of any liquidation sale is the beginning. The popular items are swooped up, leaving the less desired items remaining. As professionals in this industry, we will make sure we do everything possible to handle this sale and get you the most money back as a possible.