How much do estate sale companies charge?
If you’re considering hiring an estate sale company, one of the first questions you might ask is “How much does the company charge?” The answer to this question varies based on several factors, like the size of the property, the value of items being sold, and the services you wish to include. Every estate has a different amount of work, risk, and overall sales potential. Understanding how estate sale company costs work can help you during your liquidation process.
How most Estate Sale Companies charge
When working with an estate sale company, you’ll find that most companies work on a commission based model. This means that instead of an upfront cost, the company will earn a percentage of the total sales generated during the estate sale. In Portland and the surrounding areas, you’ll find typical commission rates vary from 30%-60%.
Why Do commission rates vary?
No two estate sales are the same, therefore they don’t always require the same amount of work. There are lots of factors that can influence the commission rates, including:
Size of estate: Larger properties require additional labor, set up time, and staffing.
Item quality & value: Properties with desirable and trending furniture, collectibles, or name brand items may have a lower commission rate because the projected sales may be higher.
Accessibility: Homes with multiple levels, inefficient parking spaces, or difficult access can require additional labor to make accommodations for ease of shopping.
Special collections: Estates with collections like vintage jewelry or clothing, fine art, or rare antiques may require specialized research and marketing to ensure they’re sold for their worth.
Cleanliness: If the property is a hoarder home or requires extensive cleaning, that often can raise a companies rate.
What does the commission cover?
Professional estate sale company commissions should include merchandising the home, researching items, pricing, advertising and marketing, and sale management. Disposal of any leftover items post sale may or may not be included in the commission, so it’s best to check with the company upfront.
Are there any hidden fees?
At Summit Estate Sales PDX, we believe transparency is crucial. Clients should fully understand what services are included and be aware of any potential hidden costs. Some estate sale companies charge additional fees that aren’t included in the normal commission. Trash removal, large item disposal, donation hauling, and deep cleaning may be extra. Take time to look over the contract and ask for clear explanation of all fees before signing.
The commission cost of an estate sale company should be viewed as an investment in expertise, convenience, and results. Professional companies can use their knowledge and platforms to maximize the value of items in the estate. Summit Estate Sales PDX proudly serves Portland, Beaverton, Hillsboro, Lake Oswego, Tigard, West Linn, Oregon City, Vancouver, and surrounding communities throughout the Portland metro area.
If you're wondering what your estate sale might be worth, contact Summit Estate Sales PDX for a free consultation and personalized assessment.
