Liquidation Sale/Auction
A liquidation auction or liquidation sale is used to quickly convert assets into cash, often when a business is closing, downsizing, or reorganizing, or when an estate needs a fast settlement.
In a liquidation sale, items are sold to customers at discounted prices, usually marked to sell quickly. Prices may drop over time until everything is sold.
In a liquidation auction, the items are sold to the highest bidder in a set timeframe, either in person or online. An auction company manages the listing, the bidding process, and the payment. Once the auction ends, the proceeds (minus fees) are given to the business or estate, helping resolve debts or finalize closure efficently.
Rowland Auction Group Liquidation Auction/Sale info:
All liquidation sales/auctions are conducted under a contract between Angela Rowland, GAL 4408 of Rowland Auction Group LLC and liquidating company, in which a percentage of the sale is paid to Angela Rowland of Rowland Auction Group, LLC.
All items not to be sold, and waste material, must be removed before pricing, tagging and/or lotting of items begin. Pricing, tagging and/or lotting of items are done within 15-30 days of a signed contract, with the “Sale Days” being 3-5 days long, which will be determined upon assessing items to be liquidated. The “Sale Days” are as follows. Day one is regular price, Day two is 25% off, and Day three is 50% off, with 75% off the final two hours of the sale. If a sale is extended to more than 3 days, the percentage taken off is calculated based on the number of days going over the third day.
The percentage paid includes all advertising for the sale. Advertising includes but is not limited to newspapers, social media outlets as well as other avenues determined by Rowland Auction Group, LLC.
Items left over from the estate sale are not the responsibility of Rowland Auction Group, LLC unless discussed beforehand and with an additional cost to the estate for the removal.
All items are sold AS IS/WHERE IS, No Refunds or Returns.