The major difference between an estate or content sale company over an auction house is going to be where the actual selling of your products takes place. With estate and content sales, the selling will generally take place at the actual house of the person hiring the company. With auction houses, the company will generally come and retrieve the moving sale items and then take them to their warehouse to be auctioned off with other people’s items.

The place of the sale isn’t the only difference between estate/content sale companies and auction houses. Let’s take a look at some of the pros and cons of each option so you can make the decision on which one will work best for you:

Content or Estate Sales

Pros:

  • Entire Process Handled at the Home
    The greatest benefit of estate sales is that the entire process is handled at the home itself. Everything from photography to pricing to the actual selling of the products is handled in the home itself, meaning it’s much easier for the customer to actually see what’s going on throughout the process.
  • Easier to Advertise
    Most of the content sales toronto has to offer are much easier to advertise than an toronto auctions. Potential buyers are much more willing to go to a content sale because they don’t have to worry about competition. They know that if they’re the first person to see a product, they can pay the price listed and walk out with the item.
  • Quick & Easy
    A moving sale in the home is quick and easy as it usually starts and finishes within the same day. This means you will also receive your profits quickly.
  • Higher Overall Prices
    The fact that everything is individually priced means you will be able to get more for the entire plethora of items than you would with an auction house.

Cons:

  • People Will Be at the Home
    While you’re obviously moving if you’re having an estate sale, some people may be a bit uneasy about having a lot of strangers come into their home.
  • Leftover Items
    Leftover items are common with estate sales because of the huge selection of items that are available. Choosing an auction house means getting everything out at once.

Auction House

Pros:

  • Immediate Removal of Items
    Hiring an auction house means they will come in and remove all of the items from your house immediately, allowing you to move out of your home sooner.
  • Better Prices for Valuable Items
    While content sales can be better for the pricing of all of your options, antique auctions will be much more lucrative for your valuable items.

Cons:

  • Longer for Received Profits
    Estate auctions can go on for months, as many auctions now take place online. This means it will take just as long for you to receive your profits.
  • Moving Costs
    Hiring an auction house will mean moving costs since they will be removing all of the potentially auctioned off items from your home for you.

Choosing between an estate or content sale and an auction is going to come down to what your current needs are. If you’re looking for a quick and easy process that gets you your money as soon as possible, a content sale would be best for you. If, however, you’re looking to make the most possible money or want to get your items out of the home immediately, going with an auction house would be your best option.