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1: CONSULTATION

An auctioneer will set up a free, no-obligation consultation with you.

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2: DECIDE A VENUE

We offer two different types of liquidations: online and onsite, or online and off-site.

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3: CONTRACT

Our contract clearly defines the services we agree upon and promise to provide you.

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4: ADVERTISING

We will begin taking inventory of the items to be sold and advertise them.

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5: SORTING

Our staff will go through every box, bag, closet, attic, crawlspace, and etcetera on your property.

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6: SET-UP

The auction venue will determine how the event will be set-up.

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7: AUCTION TIME!

The day is finally here! The event will start promptly on the advertised time.

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8: CLEANUP

Time to breathe! The final step in the auction process is the trash removal and cleanup.

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1: CONSULTATION

What happens when you place your first call? We will set up a free, no-obligation consultation with you. The consultation will consist of a short visit to the property.

2: DECIDE A VENUE

ONLINE AND ONSITE:
Online auctions are the newest and becoming the most popular choice for estate & business liquidations. The Internet has become a very powerful tool in the estate and business liquidation industry. Online sales are sorted and advertised the same way as live sales. An online liquidation is unique because all bidding is done online; the exposure that comes with an online sale is vastly greater than a live sale. This option is not as labor-intensive and can be done for a competitive commission. Warehouse 31 will come to your location to catalog every item, write a description, and take detailed photographs. All of this information is then placed into an online sale, with an auction design. To have a better idea of what your own online auction will look like, think of eBay; the format is very similar, but there are some very distinct advantages Warehouse 31 provides.

The vast majority of our population simply does not have time to attend a live auction. With an online auction, the participation is always greater. People can view and bid on items at their own convenience, even at 1 A.M. if they wish. Social media, such as Facebook, can take your buyers directly to the sale and allow them to bid at their desk during working hours. Over 35.6 million adults in the U.S. have participated in an online auction. Being able to have fun and participate in an estate or business liquidation, with little time invested, is very appealing to customers.

Sometimes, a HOA or landlord may prevent a live, public sale. An online, onsite sale allows items to be sold to the public with little to no parking concerns. You will be able to avoid having a large crowd on your property at any given time. Weather will have no impact on your event. If a live sale is during a torrential downpour, or a scorching Texas summer day, many buyers will stay home; an online sale will continue as scheduled, unaffected by Mother Nature.

All of our online liquidations have an auto-extend feature. On eBay, a person can swoop in and "snipe" a bid at the last second. If an item on Warehouse 31's site receives a bid in the last few minutes of the online auction, that item's time is automatically extended. In theory, an item could go on forever if the bidders continue to place bids on it.

ONLINE AND OFF-SITE:
Online, off-site sales provide the same process as an online, onsite auction; however, the items are relocated from your property to our own auction facility.

3: CONTRACT

The next step in the process is a contract. Our contract spells out the services we promise to provide to you as our valued client. It will have the details of the sale, such as dates, commission rates, and any other aspect we agree on. This contract will protect you, as the seller, against default from a liquidation company. Both you and Warehouse 31 will retain a signed copy of this contract.

4: ADVERTISING

Then, it is on to the "elbow grease" work. Our staff will take inventory of items to be sold. Many pictures will be taken and used in the advertisements for your sale. The ads for your sale will be placed on various web sites, mailing lists, and various other forms of media. The more competitors, or buyers, you have at your sale, the better your items will sell!

5: SORTING

So, we now have a date picked out, a signed contract, and the ads are circulating and grabbing attention. Our staff will now go through every single box, bag, closet, attic, crawlspace, and etcetera on your property. There is no need for you to lift a finger!

Each and every item we find that is marketable for the sale will be prepared. All personal items, such as family pictures, personal documents, and hidden cash, are set aside for your inspection. We will never dispose of or sell items of such nature without consulting you. Any garbage will also be set aside until the auction has ended. The sorting phase will have all items for sale, all personal items, and all trash separated.

6: SET-UP

The set-up phase will vary, depending on the option you choose.

For an online and onsite sale, we will include a mobile office, display tables and cabinets, and all necessary supplies. The set-up phase will be completed the day before the sale begins.

For an online and onsite sale, our staff may conduct "open house" of the items for sale. During this specified window of time, we will allow potential buyers to browse through and inspect the items they are hoping to win. The Warehouse 31 staff will handle the entire event so you do not have to worry about playing the role of host or hostess.

For an online and off-site sale, your items will be unloaded and displayed at our facility a day or two prior to the commencement of the auction.

7: AUCTION TIME!

Finally, the much-anticipated day has arrived! The auction will start promptly at the advertised time and the day will be a blur from there. Customers from all over will register to bid; they're excited to collect some new treasures they can spend a lifetime enjoying!

You will be provided with a detailed report of all sales and expenses soon after the auction's close. The type of auction you choose will determine how quickly you will receive a check for your proceeds; whichever type of auction suits you, we make sure the check is in your hands ASAP. We handle all details throughout the entire auction, including any inquiries from potential buyers.

For online auctions, the intensity will heighten as the closing times approach; bidders will be watching their computer screens intently, with sweaty palms and racing hearts, as the countdown begins.The winning bidders experience a sigh or relief when they see their bidder number listed as the winner. They will receive an email stating that payment has been deducted from their credit card, along with a receipt. Pre-determined times will be scheduled for local buyers to pickup their items. The Warehouse 31 staff will also handle every detail of this process and be there to protect your interest as the seller, ensuring everything goes smoothly. As a seller, you will not have to ship any items; Warehouse 31 will handle all shipping hassles. All shipments are usually completed the following day.

8: CLEANUP

The last step in the process is the cleanup. If there are any items that were left from the auction, we will go over some options with you. All garbage from the property will be gathered and your floors will be swept. You have gone from a mountain of responsibility to a clean, swept home, with money in-hand for the items that have been sold!


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