auction Services

An online auction is a virtual marketplace where goods or services are sold to the highest bidder over the internet. It operates similarly to a traditional auction, where multiple buyers compete to make the highest bid on an item. However, instead of physical gatherings in a specific location, online auctions take place on our dedicated online auction platform. 

Online auctions have gained popularity due to their convenience and accessibility, allowing people from different locations to participate in bidding without physical limitations. They have also opened up new opportunities for individuals, businesses, and organizations to sell and acquire a wide range of products and services in a transparent and competitive manner.

An online estate sale is a digital marketplace where the personal belongings and assets of an individual or a family are sold off. It is similar to a traditional estate sale, where the contents of a home or estate are offered for sale to the public. However, instead of hosting the sale at a physical location, an online estate sale takes place on a dedicated website or platform.

Here's a breakdown of how an online estate sale typically works:

1. Inventory and Organization: The process begins with the inventory and organization of the items that will be included in the sale. This can involve sorting through furniture, appliances, clothing, jewelry, collectibles, artwork, and other personal belongings. The items are typically photographed, categorized, and described in detail to provide potential buyers with accurate information.

2. Estate Sale Platform: The seller or their estate liquidation company selects an online estate sale platform or service to host the sale. These platforms provide a virtual space where the items can be displayed, and the auction or sale can take place. The platform may have features such as bidding functionality, fixed-price listings, or both.

3. Listing and Promotion: The items are listed on the online estate sale platform, accompanied by their descriptions, photographs, and pricing details. The platform may provide tools for promoting the sale, such as email notifications to interested buyers, social media integration, or advertising options.

4. Browsing and Bidding: Potential buyers can browse through the listed items on the online estate sale platform. They can view photographs, read descriptions, and ask questions about the items. Depending on the platform, buyers may have the option to place bids on the items or purchase them directly at a fixed price. Bidding typically follows a specific time frame, similar to other online auctions.

5. Sale Completion: Once the online estate sale concludes, the highest bidders or buyers at the fixed price are determined. The seller or their estate liquidation company communicates with the buyers to arrange for payment, usually through secure online payment methods. The buyers may also be responsible for arranging shipping or pickup of the purchased items.

6. Settlement and Distribution: After the sales are finalized, the seller or their estate liquidation company handles the settlement of the estate, including paying off any outstanding debts, taxes, or fees. The remaining funds are then distributed to the designated beneficiaries or heirs.

Online estate sales provide several advantages, such as broader reach and convenience, as potential buyers can participate from anywhere with internet access. They also streamline the process of organizing and conducting estate sales, allowing for efficient liquidation of assets and maximizing the sale's potential.

Don't have enough for a full estate sale? ATL Auctions offers consignment options for clients to drop off their items at our warehouse located in Old Fourth Ward in Atlanta. Once dropped off, the items are photographed, catalogued, and listed in a monthly consignment auction.