When individuals make the decision to liquidate or downsize their assets, it can be a difficult and emotional process. They may be dealing with a home sale, family inheritance or lifestyle change.
Professional fiduciaries and advisors may lack experience dealing with collectibles, jewelry, antiques, fine art, furnishings and other personal belongings. Abell’s specialists handle every detail of the estate auction process to protect each client’s best interests.
A well-advertised estate auction with Abell is the easiest and most profitable way to find a place for the contents of an estate. By selling at auction, rather than hosting a house sale, items are exposed to a larger and more informed audience, which leads to higher prices from competitive bidding.
Estate auction transactions are open and transparent, with accredited appraisals and a detailed accounting accepted by all courts and the IRS. Built on 100 years of trust and experience, Abell is the auctioneer of choice for executors, trustees, attorneys and family fiduciaries.
Why sell at auction?
At auction, the marketplace sets the value.
- Auction items are exposed to a larger and more informed audience, drawing the highest price.
- Items are often priced incorrectly at an estate sale, selling for less than their value or not at all.
Auctions market and sell on an international stage.
- Auctions attract an audience of live and international buyers.
- Estate sales are generally attended by only a few favored dealers, friends and neighbors.
Auctions allow time for prospective buyers to preview and plan their strategy.
- Buyers can preview auctions from a day to weeks in advance.
- At estate sales, only friends of the organizer can preview.
Auction transactions are transparent with detailed record-keeping.
- An auction house is a bonded business subject to all local and state laws and taxation.
- Estate sale organizers are not regulated by any local or state entity.
When the auction is finished, everything is sold.
- Auctions are an open and transparent process, with accredited appraisals and a detailed accounting accepted by all courts and the IRS.
- Unsold estate sale items are usually donated or sold to a liquidator for a bulk price.