How Estate Auctions Work—A Beginner’s Guide

Estate auctions are a time-honored way to sell personal property, antiques, and collectibles, often following a major life event or transition. At Holbert Auctions & Antiques, we strive to make the process clear and accessible for everyone.

Step-by-Step Overview:

1. Initial Consultation:
   We meet with the estate representative to assess the property, discuss goals, and explain the auction process. This includes reviewing contracts and South Carolina auction regulations (SC Auctioneer Law).

2. Cataloging & Appraisal:
   Every item is carefully cataloged, described, and photographed. Our team draws on years of experience and market research, referencing price guides and recent sales data from platforms like LiveAuctioneers and Invaluable.

3. Marketing:
   We market the auction through targeted social media ads, email newsletters, and listings on major auction platforms. High-value items may receive special promotion.

4. Preview Period:
   Buyers are invited to preview items in person or online. Transparency is key—detailed descriptions and condition reports are provided.

5. Auction Day:
   Auctions may be held live, online, or as a hybrid event. Bidders register in advance and can participate via phone, absentee bid, or online platforms like ProxiBid.

6. Payment & Settlement:
   Winning bidders pay the hammer price plus any buyer’s premium. We handle all payment processing and issue detailed invoices.

7. Pickup & Shipping:
   Buyers arrange pickup or shipping. We work with trusted vendors and provide guidance on logistics.

Why Choose an Estate Auction?

• Transparent, competitive bidding often yields higher prices than private sales.

• Fast, efficient way to settle an estate or downsize.

• Professional handling of sensitive situations with respect and discretion.

References:

• National Auctioneers Association: Why Sell at Auction?

• South Carolina Auctioneers Association

If you’re considering an estate auction, reach out for a confidential consultation. We’re here to guide you every step of the way.