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Frequently Asked Questions
Q: “What is an Online Estate Sale, Downsizing Sale, or Moving Sale?”
A: This type of online sale is an event held on the Auction Ninja site to facilitate the selling of goods that the client wishes to sell. Item bid prices typically start at $1.00 each (unless the client specifies certain items that need to start higher) and sold as is, with no guarantees and no refunds. Typical Online Auctions last 5-10 days.
Q: “What is your fee?”
A: Our fee to conduct an online estate sale is 35% of net sales (not including the Buyer’s Premium added to sales above the bid price). This service includes, organization, online cataloging & photography, and staffing. If the client wishes to have any unsold items cleaned out after the sale, additional fees are charged or the client can clear the items themselves.
Q: “How long does it take to get a sale ready?”
A: Each house is different but generally we begin organization on a home 10-14 days before the scheduled sale date. The Online Auction then takes place for 5-10 days. A signed contract is required before work can begin.
Q: “How long does it take to get my check after the sale?”
A: Checks are mailed out within 14 days of the completion of the sale.
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