ESTATES AND DOWNSIZING AUCTION SERVICES
Personal Property
Gooch Auction Group knows the stress and overwhelming feelings that are associated with major life changes. We personally have been through it with the loss of our beloved Mike Gooch. We can honestly say, WE ARE UNDERSTANDING AND HAVE FIRST-HAND KNOWLEDGE of major life changes!
With our knowledge and expertise in the auction industry, we are offering our clients a better way to sell their personal property in the midst of these changes you are experiencing with less stress!
a loved one passed away
a loved one is moving into assisted living
relocating and downsizing
empty nesters downsizing
garage, basement, and attic cleanouts
We come to your location and do all the work to get your personal property SOLD without the headache of having yard sales and posting your items on Marketplace. We have marketed and sold all types of personal property from antiques to farm machinery!
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You will undoubtedly face some difficult decisions during these major life changes.
Do you need to sell the home?
What about the contents?
What heirlooms should you keep?
What items should be sold?
When you’re not sure where to begin, start by contacting Gooch Auction Group, the Estate and Downsizing Auction Experts!
We offer
No obligation consultations
Customized marketing campaigns
Personal Property preparation
We handle auction previews
We handle the bidders
We collect your money
All aspects of your auction event
Online Auctions - Online Bidding
A less stressful way to sell your personal property
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Types of personal property we have sold
Antiques of all kinds
Appliances
Art
Automobiles
Books
Building materials
Cameras
Collectible Trains
Collections of all sorts
Diecast car collections
Doll collections
Electronic equipment
Everything but the kitchen sink... Wait, we have sold that too!
Farm equipment
Fine China
Furniture of all kinds
Garden tools
Glassware
Home improvement materials
Jewelry
Kitchenware
Ladders
Lamps
Lawn and Garden equipment
Light fixtures
Musical instruments
Old coin collections
Power tools & equipment
Quilts, sheets, bedspreads
Radios
Small tools & equipment
Sports equipment
Stamp collections
Storage buildings
Toys of all kinds
Tvs
Vintage items
Wall decor
What-nots
Yard decorations & outside furniture
and MORE!
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Call us today and let’s discuss what we can do to help you sell your personal property.
"Going once! Going twice! Sold!"
WHY SELL PERSONAL PROPERTYÂ AT AUCTION?
Benefits of selling personal property at auction
The bottom line is that auctions work. If your goal is to sell your personal property quickly and efficiently, and with less stress then take action and call us now!
Extra attention. Auctions stand out in marketing
Target markets
No negotiating or haggling
Competitive bidding means personal property sells at a higher price than - let's say a yard sale
Growing trend
We do all the work
All personal property sold gets picked up on one day, in most cases
Sell Quick. Sell Smart. Sell with Gooch Auction Group.
AUCTION TERMINOLOGY
Absolute Auction
An auction without a reserve. An auction in which property is sold to the highest bidder regardless of price.
Absentee Bid
A procedure that allows a bidder to participate in the bidding process without being physically present. A bidder who cannot attend submits an offer prior to the auction. All arrangements for payment have been made in advance.
As-Is
Selling the property without warranties as to the condition and/or the fitness of the property for a particular use. Buyers are solely responsible for examining and judging the property for their own protection. Otherwise known as "As Is, Where Is".
Auction with Reserve
An auction in which the seller or his agent reserves the right to accept or decline any and all bids. A minimum acceptable price may or may not be disclosed and the seller reserves the right to accept or decline any bid within a specified time.
Bidders Choice
A method of sale whereby the successful high bidder wins the right to choose an item or items from a grouping of similar items. The winning bidder then has the choice to take one item or as many as were offered in that round. After the high bidder's selection, the item is deleted from the group, and the second round of bidding commences, and so on until all items are sold.
Buyer's Premium
A percentage is added to your bid amount. In Real Estate it is an amount added to the high bid to determine the total contract price to be paid by the buyer. The use of the buyer's premium benefits both buyers and sellers. Sellers benefit because it helps to defray many of the expenses associated with conducting an auction. The buyer benefits because without the use of this tool, there may not have been an auction. The competitive bidding process might not exist if the buyer's premium were not used to offset some of the expenses. Check the terms and conditions of the auction to determine if there is a buyer’s premium.
Due Diligence
The process of gathering information about the condition and legal status of the property to be sold.
Multi-Parcel Auction
A process used in real estate auctions where a bidder has the opportunity to combine several parcels of land previously selected by other bidders, thereby creating one larger parcel out of several smaller parcels. This process is often used in conjunction with the bidder's choice.
Preview
Also called Open House. Pre-determined times are made available for you to inspect the property offered for sale. You will want to evaluate the overall condition of the property and determine if there are any defects. While these may be acceptable to you, they may affect the amount you want to bid, so look before you bid.
Property Information Package
A package of information and instructions provided by the auction company pertaining to the property to be sold such as a contract, legal description, survey, terms, and disclosure statements.
Registration
The process you must complete in order to be a qualified bidder. For an on-site auction, first, ask to register and obtain a bid card. You will be asked to show proper identification to register. You may be required to verify that you have certified funds or cash in your possession. You must register at each auction event. This is essential before bidding. For an online auction, go to the online website of the action and click on the register button. Follow the prompts.
Terms and Conditions
The legal terms and rules for a specific auction. Each auction’s terms and conditions may vary and the bidder must understand them before participating in an auction. They include the method of payment, buyer’s premiums, possession, reserves, and other limiting factors. Usually included in published advertisements or announced by the auctioneer prior to the start of the auction.