For family members or estate trustees that are looking to finish up with the estate of someone who has passed away, an excellent way to unload unwanted or unclaimed possessions is with an estate sale. These sales can be quite practical when dealing with remaining physical assets. However, these sales can also be a huge source of profit, which can benefit the benefactors of a person’s estate. However, if there is a significant number of possessions that need to be sold, it may be extremely difficult for a family member or a trustee to arrange such sales. That why experts in Estate Sales in Woodward Oklahoma may need to be brought in.
Cataloging and Valuing Estate Assets
A service like Wiggins Auctioneers LLC can be extremely helpful in this capacity. The first thing they can do is inventory the estate items that are being put up for sale. This could be a rather simple thing or, for larger estates, could take more time. They will catalog those items and, in many cases, if the estate executor or trustee doesn’t have any input on the asking price, the auctioneer service can value the items ahead of the sale.
Marketing the Estate Sale
An auctioneer service can add the items to an existing or upcoming auction or, if the estate is sizable enough, hold a dedicated estate sale/auction for the estate itself. Much of this will depend on the size of the estate and the nature of an upcoming auction.
Handling all the Details
The last and most important aspect is the actual auction. Auctioneers will work to help the estate get the best prices for items being sold. They will also handle the transaction when an item is purchased, and they will make sure the estate is paid in full for the items people have bid on.
If you are a trustee or an executor of an estate and there are remainder assets that need to be dealt with, an estate sale is an excellent option. With the help of professional auctioneer services, the items can be properly valued, marketed, and sold with a focus on getting the best value and making the process easy and streamlined for the estate. If you’re looking for successful Estate Sales in Woodward Oklahoma, speak with a professional auctioneer service today. You can also visit them on Facebook.
