How It Works
Antique and Estate Auctions
America is in the process of a dramatic change. As the Baby Boom generation reaches retirement age, there will be a need to convert the assets they have accumulated into cash. Auctions are the ideal process for doing this. Those moving from large homes to retirement communities will have excess property in their estates. These are assets that can be converted to cash to enhance future quality of life. Antiques and regular household items find a ready market through auctions if they are professionally marketed.
Auctions are the most comprehensive way to turn these types of assets into cash quickly, without a long drawn out process of tag sales or garage sales. The process of asset disposition can be expedited through a properly conducted auction.
In the case of a family having to deal with property left in an estate, the heirs will find an auction to be one of the fairest methods for disposing of the entire estate in a way that insures equitable consideration for all.
Auctions are the best way to convert assets into cash quickly at a single point in time.
Liquidation Auctions
Closing a business or terminating a partnership can be a hectic experience. There are often time constraints with emphasis on minimizing excessive additional costs. An auction provides an efficient means to sell assets in an timely manner. Auctions minimize hassle, are quick and are often extremely effective at minimizing holding and space rental costs.
Lienholders can remove non performing loans from their portfolio by selling secured assets. An auction is one of the most time proven methods of asset disposition for fair market value. Even specialized assets can be effectively marketed with targeted promotional programs that result in the right buyers attending the auction sale. Auction Orange has experience working with financial institutions to turn non-performing loans into quick cash recovery.
Summary of Reasons for choosing an auction over other methods of disposition.
- Efficiently convert assets into cash
- Quick and allows for conversion to cash on a day of the seller’s choosing
- In most cases estate and liquidation auctions can be conducted at the physical location of the assets
- Estate and liquidation auctions are eagerly sought by the buying public
- The seller avoids time consuming haggling with buyers and selling items piecemeal
- Professional marketing maximizes proceeds and attracts targeted buyers
- Small estates can be lumped with other estates to increase "drawing power."
Reasons to use Auction Orange
- In depth experience in all aspects of sales and marketing
- Professionally trained auction staff
- Complimentary auction feasibility evaluations
- We can auction your property on site, or include it in gallery sales
- Auction Orange will consider purchase of your entire inventory if an auction is not appropriate for you.
Appraisals
Appraisals of personal property are often necessary to settle an estate, for divorce situations, tax evaluations, determining insurance value, obtaining a loan, todissolve a partnership, or forcommercial liquidations and asset protection.
Anyone can offer their opinion as to the value of items, but appraisals performed by experienced, certified appraisers are generally more accepted as an expert opinion of value.
Our appraisers comply with U.S.P.A.P. standards in evaluating property and assets. We base appraisals on research, experience, education and honesty. We also outsource research to other experts when necessary. Our membership in the National Auctioneers Association, Certified Appraisers Guild and Auctioneers Association of North Carolina, provides us with a wide range of associates to confer with on values.
Jeffrey S. Weinberg – CAGA – Certified Personal Property Appraiser
Michael McConnell – Certified Appraiser of Personal Property
John Lowder – Commercial & Industrial Asset Specialist - Appraiser