19. Why is a Personal Property auction better than handling the disposal of my assets myself?
- The key to maximizing your value is to attract the buyers willing to pay top dollar.
- SHERIDANS has a proven base of customers who follow and attend our auctions. Using this established customer base, a SHERIDANS auction will maximize the value of your assets.
- When selling by garage sale or similar means, you typically sell to the 1st person who comes along and are often left with lesser-valued items to dispose.
- In a SHERIDANS auction, all items are sold, and there are typically few items left to be disposed after the auction.
We are able to provide a turnkey service from the listing to the marketing to the setup and the final cleanup. You can be involved as much or as little as you wish!
Contact an Auction Manager today to learn more.
20. What is your experience with antiques and collectibles?
- 50+ years of combined experience selling and valuing all types of antiques and collectibles including cars, furniture, memorabilia, primitives, coins, advertisements, and many other items.
- Auctions hosted at our 12,000+ sq ft climate-controlled Cedar Land Event Center or on-site.
- Hauling and packing services for your goods that can be transported to our warehouse facility to store until your items can be sold.
- For rare and unusual collectibles, our auction staff has expertise and access to databases to properly value and advise you on the sale of your valuable assets.
Rely on the experts.
21. What timing and date issues should I consider when selling my Personal Property at auction?
- The timing of your auction is an essential and strategic part of the planning process. While we are available to conduct auctions six days every week, we often suggest a weekday as your best scheduling option.
- The time of year will also be a key decision. The auction calendar for certain types of items may be cyclical, so we will be happy to advise you of your best date options.
- For those who do not have the quantity of items to sell at auction, we can combine your items in a multi-consignor auction to increase interest and competition among bidders.
Contact our Auction Team to inquire about our auction schedule & availability
22. Does the auction have to be conducted at my property?
No. Many of our best auctions are conducted at our Cedar Land Event Center, 12,000+ sq ft climate-controlled facility where we can properly display all items, create a comfortable atmosphere for our customers, and not worry about parking, weather, and other uncontrollable factors.
When needed, SHERIDANS can pack and transport your Personal Property items to our facility.
But, we still believe in the traditional on-site auction when the circumstances allow. Auctions held on-site at the Seller’s home or place of operation continue to attract large crowds and help us keep hauling and labor costs to a minimum.
Schedule with our Auction Team for a free consultation.
23. How are auction proceeds handled?
SHERIDANS offers two options for the handling of your funds at auction.
To simplify the process, you can elect to have all auction proceeds made payable to our Escrow Account. SHERIDANS will collect and deposit all auction proceeds and will deliver one net proceeds check to you.
Selecting this option eliminates the following:
- Risk of handling auction proceeds and substantial amount of cash
- Time required by you to endorse all checks
- Timely deposit the proceeds at the bank
- Write SHERIDANS a check for the related auction expenses and commission.
Some clients prefer to have the auction proceeds made payable to themselves or a second party. By choosing this option, all checks at the auction would be made payable as you specify, and all cash and checks are turned over to you immediately following the auction.
Schedule with our Auction Team for a free consultation.
24. Do you sell farm machinery and heavy equipment?
Yes! Farm machinery and equipment auctions were one of the original focuses and highlights of our business when the company was formed by Keith and June Sheridan in 1974, and we continue this specialty today.
- Regardless of the size or the number of items you have to sell, we have the knowledge, experience and expertise to sell all your farm and heavy equipment.
- Since 2012, SHERIDANS has conducted the Annual Greene County Alumni Association FFA consignment auction which includes consigned large and small farm, lawn and garden, and related equipment from throughout Ohio and surrounding states, and all commissions earned by SHERIDANS from the auction is donated to the local FFA Alumni Association.
Contact our Auction Team to learn more.
25. Can you liquidate an entire business?
Absolutely! Whether you are liquidating a large or small business, SHERIDANS has the staff and expertise to assist you and maximize your value. Most of our commercial liquidation auctions are conducted via a Timed Online or Simulcast Live and Online auction format.
- We manage cataloging, online bidding, load-out, and promotion for restaurants, machine shops, schools, offices, manufacturers, and more.
- Online bidders have the ability to enter max-bids per item prior to or during the auction or bid live during the auction.
- Our auction staff will arrange the equipment and items prior to the sale to maximize flow and visibility during the auction and will conduct public viewings prior to the auction date.
Schedule a no-fee consultation today!