Estate executors have a lot of responsibility on their shoulders. They are expected to make important decisions about the estate at hand including what will happen with their loved one's property. The workload and logistics that come along with clearing out a home is overwhelming. Most estate executors look to professionals for guidance and help through this emotionally and physically draining process-- but who should you hire? Estate Sale Liquidators may be the more common route, but Estate Concierges provide conveniences designed to make the estate executor's life easier. Some of the differences between estate liquidators and estate concierges are:
1. Estate Concierges can empty a home in one week from start to finish whereas just a consultation with an Estate Liquidator can take weeks to months. Who wants to drag the process out longer than necessary?
2. A significant benefit when choosing an Estate Concierge is they will coordinate with family, realtors, sellers, charities, attorneys, and home repair vendors, painters, cleaners, etc. and more. Estate Concierges handle all the details while Estate Liquidators work with the family and just one charity.
3. Estate Concierges explain all your selling options: estate sales, auctions, consignment, appraisals, and private sales. It's not uncommon for an estate concierge to clear a home, donate the majority of the items, and also help organize an estate sale for some of the "big ticket" items left. Estate Liquidators, on the other hand, only explain their process and are far less flexible in incorporating other selling options.
4. Estate Concierges secure any found valuables, documents, photos, financial paperwork, medications, etc. during the clearing process. When working with an Estate Liquidator, clients are expected to locate and remove all valuables and sensitive items before going under contract.
5. When you choose an Estate Concierge, they will thoughtfully match donations from home to best local charities. Estate Liquidators simply send all remaining items to GoodWill.
6. One of the greatest conveniences Estate Concierges offer is providing the client with an itemized tax donations report and photos required for the final tax return of the estate. Estate Liquidators only provide a receipt without itemization.
7. Estate Concierges submit a final report to the estate executor with all receipts, tax documentation, recommendations, and more. All estate executors receive from an Estate Liquidator at the end of the process is a check for the sale amount minus commission.
Overall, Estate Concierges offer more flexibility, efficiency, and direct benefits for the estate executor. Being an executor of an estate is a stressful job, Estate Concierges prioritize the estate executor's experience and do what is possible to make the process seamless.
Hopefully this article has helped you decide between an Estate Concierge or Estate Sale Liquidator. If you have any questions, be sure to leave a comment!
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Professional Disclaimer: The ideas, recommendations, and opinions on this website, blog, and made in person are for educational and entertainment purposes only, and should not be considered legal, financial, or medical advice. I am not an attorney, doctor, or licensed financial professional. Sage Organizing Co., LLC is not liable for any losses or damages related to actions or failure to act related to the content of this website, blog, or in-person discussions. If you need specific legal, financial, or medical advice, consult a professional in your area.
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