Estate Settlement
McLemore Auction Company's novel strategy and use of technology is especially appealing to those settling an estate and others needing to empty a house of its contents on a strict timeline. Common practice through the last several decades has been for an estate sale service provider to enter a home, place prices on all items for sale and wait for buyers. This process can be incredibly time consuming and, more importantly, does not guarantee the best price for the seller. In fact, many who use a traditional estate sale are often left with unsold items at the end of the process. With an estate auction provided by McLemore Auction Company, LLC, all items are inventoried, photographed and placed online allowing buyers to bid at their own convenience. When the auction is over, all items are sold, the real estate is completely empty, and sellers can be sure that all property was sold at fair market prices.
If you are an executor or administrator of an estate, you may find the comparison matrix below useful:
McLemore Auction Company |
Estate Sale |
Live Auction |
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| Full catalog and inventory
prepared before sale |
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| No unsold items |
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| Accepts credit cards |
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| Company provides shipping
services to out of town buyers |
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| Buyers may bid anytime |
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| Sales prices established by
competitive bidding |
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| Local
advertising |
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| Regional, national and
international advertising |
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| Search
engine advertising for valuable items |
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| Established email list of
prospective buyers |
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| Highly visible signage |
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| High quality photography of each
item |
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| Wide geographic distribution of
buyers |
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| Multiple inspection dates |
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| Fully
licensed |
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| Escrow account prevents
co-mingling of company and client funds |
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| Ability to provide a summary of
participating buyers |
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| Auditable bid history for each
item sold |
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| Ability to conduct a successful
sale in inclement weather |
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| Low sale and inspection day
expenses |
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| Ability to sell real estate in
addition to personal property |
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| Ability to handle both large and
small estates |
