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Copyright © 2022 My Estate to Liquidate . All rights reserved.
Copyright © 2022 My Estate to Liquidate . All rights reserved.
Estate sales have become a popular way for individuals to liquidate the belongings of a deceased loved one or to downsize their own possessions. These sales are often managed by estate sale companies, who handle the organization, pricing, and selling of items. However, many people are unaware of the fees charged by these companies and what percentage they keep from the total sales.
Typically, estate sale companies charge a commission fee that ranges from 25% to 50% of the total sales. The percentage can vary depending on various factors such as location, size of the estate, and services provided. For smaller estates or those with less valuable items, it is common for companies to charge a higher percentage. On the other hand, larger estates or those with high-value items may command a lower commission rate.
It is important for individuals considering hiring an estate sale company to understand these fees upfront. They should inquire about the specific commission rate and any additional charges that may apply. Some companies may also charge extra for services such as advertising or cleaning up after the sale.
In conclusion, estate sale companies typically keep a percentage of the total sales as their commission fee. This percentage can range from 25% to 50%, depending on various factors. It is crucial for individuals planning an estate sale to be aware of these fees in order to make informed decisions when selecting a company to manage their sale.
