
why-online-auctions-outperform-traditional-estate-sales
Why Online Auctions Outperform Traditional Estate Sales
When it comes time to downsize, liquidate assets, or handle an estate, many people think of hosting a traditional estate sale. But in today’s fast-paced, tech-driven world, online auctions are quickly becoming the smarter, more profitable choice and here’s why.
1. Bigger Audience, Bigger Bids
An estate sale limits you to whoever can physically show up. An Auction Spear online auction, however, reaches bidders across the nation dramatically increasing demand and final sale prices through competitive market driven bidding.
2. Convenience for Sellers
With an Auction Spear online auction, you don’t have to set up displays, manage crowds, or deal with day-long foot traffic. Items are photographed, described, and uploaded to our platform www.AuctionSpear.com, and sold entirely online saving you time, effort, and stress.
3. Competitive Bidding Drives Up Value
Unlike estate sales where prices are fixed and haggling and daily discounts drive down your profits, online auctions encourage competitive bidding. This pushes prices higher than expected with no ceiling.
4. No “Leftovers” Problem
At estate sales, unsold items can become a hassle with the average estate sale leaving the seller with up to 40% unsold items. With online auctions, items are marketed more widely and strategically, meaning less inventory is left behind and an average of 3% unsold items.
5. 24/7 Accessibility
Nationwide bidders can participate anytime, anywhere no weather worries, travel limitations, or parking hassles. Estate sales traditionally hold three 8 hour per day sales to local customers only.
The Bottom Line:
Auction Spear online auctions give you a larger audience, better pricing, and far less work compared to estate sales. If you want maximum results with minimum hassle, it’s time to go digital.
👉 Contact Auction Spear today to schedule your FREE no obligation assessment.
We handle the heavy lifting so you can focus on your profits.