Securing an estate sale requires a thoughtful blend of preparation, vigilance, and practical strategies. As you begin organizing your next job, it's essential to implement measures that safeguard your consignor’s items, their home, and the overall process. From hiring professional help to setting up effective workflows, each step plays a crucial role in creating a secure environment. In this article, we'll explore 9 ways you can avoid loss and manage a secure estate sale.
Obtain Insurance: Reduce the financial liability of your company during any given estate sale. Obtaining insurance for lost or damaged goods, as well as household damage can greatly mitigate your personal responsibility for factors outside of your control.
Hire Professional Security: Depending on the size and value of the sale, consider hiring security guards or staff to monitor the event, manage crowd control, and prevent theft.
Limit Access Points: Control the flow of people by having only one or two entry and exit points. This makes it easier to monitor who is coming and going and to manage the crowd.
Tag Items Clearly: Use visible price tags and inventory lists. This helps to keep track of items and ensures that you can account for all items throughout the sale itself.
Use a Check-In System: Have guests sign-in upon arrival. This helps in identifying visitors and can be useful if any issues arise.
Secure Valuable Items: Place high-value or highly desirable items in a secured area or display them under close supervision. Consider using glass display cases or locking cabinets. Keeping valuable items near your point of sale system will help your staff monitor the highest value items.
Train Your Staff: Ensure that anyone helping with the sale knows the security protocols, including how to spot suspicious behavior and how to handle conflicts or theft.
Have a Post-Sale Security Procedure: After the sale, check the property to ensure all items are accounted for and no damage has occurred. Secure leftover items or cash in a safe place until the sale is settled.
Consider Online Auctions: If you’re concerned about security, consider using online auctions to ensure you know who is entering and exiting the property at any given time. Though it may present more time upfront / pre-sale (cataloging, photographing, etc.) you will always know what items bidders intend to remove from the property.
Ensuring the success of your estate sale requires proper advertising to attract foot traffic. Explore our options for listing and promoting your estate sales.
July 31, 2024 Updated 02:07 PM
Juli is the customer success guru at AuctionNinja, specializing in helping sellers achieve maximum success on the platform. With a background in the estates and acquisitions department at AuctionNinja's parent company, BRG, Juli possesses a deep understanding of the challenges and dynamics of the auctioneering and estate selling industry. Her expertise makes her the go-to person for sellers navigating the ever-changing marketplace. Juli holds a Bachelor of Arts degree in English.
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