Magnolia Estate Sales
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We ask that, before we begin organizing the sale, you move out the items you or a family member would like to keep. Please refrain from cleaning out the contents of drawers, chests, cabinets, and stored boxes. These may contain items that are valuable to one of our shoppers. Almost every item in the home can be sold no matter how small, even if you cannot imagine that someone would want to buy it.
Once you have removed items to keep, we will organize,arrange and display all items to be sold. If during that process we encounter items that appear to be of especially sentimental value or we fine valuable items we will consult with you. To a limited extent, we will also clean the areas where the sale is to be conducted, and clean and polish selected items being sold, such as silverware, fine china and furniture.
We will appraise all items to be sold and will mark prices on them using price stickers, tags or signs that we will provide. If we believe there are items of value that are not within our area of expertise,we may choose to engage an outside appraiser at our expense. We welcome your input regarding the value of specific items.
We will arrange for advertisements regarding the sale to appear in the appropriate online media sites such as estatesales.net, estatesales.com, craigslist and also our company website. In addition we will place a sign in your yard during the sale and additional signs in the vicinity of sale if permitted with regard to local ordinances.
D. Conduct Sale
We will conduct the sale in a professional and efficient manner. To assist with the sale ,we will hire individuals as needed, from a pool of honest, experienced, and reliable personnel. We will collect state sales tax and exemption numbers also file all paperwork.
Unless you instruct us otherwise , we will conduct the sale with two objectives:
1 To sell every available item.
2 To maximize the proceeds from the sale.
During the course of the sale ,we may negotiate prices with customers and accept bids as we consider appropriate in order to achieve the two objectives stated above. However , you may establish minimum prices on select items, if desired. Please provide us a list of those items before the sale.
Unfortunately , we have come to realize that some minor theft by customers is inevitable . We will however,take reasonable steps to guard against theft, for example, by stationing personnel throughout the home and presenting small, high-value items in a protected area near register.
F. Disposal of Unsold items
There will be unsold items at conclusion of the sale. You may opt to donate to charities that will pick up items or have them removed in another manner at your expense, after all other sales options have been tried.
G. Records and receipts
Our records regarding the proceeds of the sale will be open at all times during , and for six months after, the sale . In addition, within 10 business days after the conclusion of the sale we will make available to you a written summary of sale results showing the gross sales proceeds, itemized fees and expenses deducted, and the net proceeds distributed to you.
II. Sale Agreement
A. Credit Cards.
It has been our experience that customers will purchase more at our sales if they are able to use credit and debit cards. All credit cards will be processed through our company. Credit cards will be accepted, there will be an additional fee to cover the processing charges.
B. Additional Fees and Expense
If a sale requires extraordinary services before or after the sale, such as deep cleaning, moving, or dumpster disposal, we will perform specified work with your prior permission, and cost will be deducted from your proceeds. The hourly rate for all additional work will be $22.00 an hour per person. Client (estate representatives) will arrange for cleaning of the home if it is not in presentable shape for the sale or we can contract out the services for you, at your expense.
C. Termination of this Agreement
This agreement may be terminated by either party for any reason at any time prior to the commencement of the sale. If our company terminates, we will not be entitled to any compensation unless you have agreed otherwise. If you terminate the agreement, you agree to pay us for all services provided prior to the time you notify us of the termination, at the following rates: $175.00 an hour administrator cost and $50.00 an hour for all other personnel that have been working to prepare the sale.
D. Property and Casualty Insurance
Because the sale is taking place on your premises, we are relying on you to have in place ordinary property and casualty insurance, and we cannot be held responsible for any injuries or other harm occurring in connection with the sale. In the unlikely event someone is injured and notifies us of a potential claim, we will refer them to you, and would expect you to refer them to your insurance carrier. You agree to indemnify us against any claims, damages or liability ( including reasonable attorney’s fees) as a result of an injury or harm suffered by any person and stemming from the sale, whether arising before, during or after the sale.
Cell: 352 816-5756
Office: 352 854-9717
Cell 352 875-5182