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An estate liquidation is similar to an estate sale in that the main concern or goal is to liquidate the estate (home, garage, sheds and yard) with an estate sale organization There is no government regulation of the industry. There is also no formal training for estate liquidators.
The liquidation value may be either the result of a forced liquidation or an orderly liquidation. Either value assumes that the sale is consummated by a seller who is compelled to sell and assumes an exposure period which is less than market normal. The most common definition used by real estate appraisers is as follows [2]
The liquidator may also charge the estate for the costs to give the sale, including advertising, marketing, research, labor, security, refreshments and other fees incurred in giving a successful sale. Depending on the jurisdiction, estate sales run by professional firms may be required to obtain a permit for the sale (as may also be required to ...
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related to: top 10 best liquidation sites for cash in ohio real estate for sale amarillo texasloopnet.com has been visited by 100K+ users in the past month