JPS FAQs: Frequently Asked Questions

The benefits of using JPS Estate Liquidation LLC are many. The emotional involvement in handling the estate liquidation process can produce much stress for the owner, family, or the representative of the estate.  Pricing of the sale items are also a key factor. 

With experience in this business and being constantly in tune with the market, we strive to price and mark the merchandise at the highest price the estate buying market will bear, yet still accomplish the liquidation of the items in the needed time period. 

YES! There is a SETUP FEE ONLY required with JPS Estate Liquidation LLC.  

Your first step is to contact us 4-6 weeks before you want to schedule an estate sale. We will come to the physical location to assess the best way to proceed. If we agree that an on-site estate liquidation sale is preferable, we would then sign an agreement that specifies what you expect of us, and what we expect of you. 

Then, our first step is to visually prepare an inventory of the items you want to sell, then we will photograph many of the items for our advertising; we will begin setup, staging, and displaying the merchandise to be sold. Then we begin to value, price, and tag the items for the sale.     

These two steps generally take 2 to 4 days (longer for larger homes). Next, we host the sale, which generally lasts another 1-2 days (longer for larger homes). Finally, if requested, we will make sure all remaining items are picked up and arranged for donation or disposal, and then proceed to broom-sweep clean in order to leave the property clean and free of debris.

All items are priced and tagged prior to the sale, which gives you an opportunity to review the valuation and prices before the sale. If you wish to set a minimum price on a select few items, we will price the items as you request. If the items do not sell at the price you requested, we will inform you of the best offer received and give you the opportunity to accept that offer.

 All salable merchandise can be offered, from china, crystal, silver, furniture, antiques, jewelry, coins, books, automobiles, golf carts, tools, to clothing, kitchen, garage, and miscellaneous items. Almost every item in your home can be resold. 

 All items are valued and priced by JPS Estate Liquidation LLC.  If we feel we need assistance in valuing an item, we will use qualified outside appraisers to assist us on an “as-needed” basis, at our expense. 

 We welcome them to attend the estate sale. As long as they understand they are there as customers to your event. 

 We advertise extensively over the internet through our proprietary worldwide website, and by sending out an email blast to our list of interested buyers, dealers, etc. 

 Yes. We have a written Agreement that puts in writing what we both agree to. 

 Yes. JPS Estate Liquidation LLC is licensed in the State of Nevada, Clark County, City of Las Vegas, N. Las Vegas, Henderson, and Boulder City. We are also bonded, and insured in order to provide you with the confidence you need that you are choosing a professional estate liquidation company who can handle the task. 

  All valuables are professionally valued and priced. If we have a lot of valuables, we may suggest to the Sellers that the items be appraised to determine a fair market value on the items. 

 JPS Estate Liquidation LLC. is very conscious about security. Sales are fully staffed. 

 We accept cash but will accept business checks, at our sole discretion, from buyers whom we know with valid ID and verification of funds. We also accept major credit cards. (All credit card purchases must have proper ID, and are at the discretion of management). 

 Yes, we will negotiate the price of the item as the Agent for the Seller, in order to get the best price for the item, but still liquidate the item before the end of the sale. Normally the second day of the sale all items are reduced up to 50%. 

 We charge a percentage of the sale proceeds, our fee. This commission is determined based on the quality and quantity of the items you are offering for sale, our setup costs, manpower requirements. Our fee is 40% of the proceeds of the estate sale, is very competitive, is determined at the time we visit with you personally and is custom based on what you need. 

 We will prepare a full accounting of the results of the sale, along with a check for the net proceeds due to the Sellers, within three to five (3-5) business days following the last day of the estate sale 

 At the time of our first visit, you would advise us of all items that are not to be sold and are part of the real estate contract pending. Care is given to limit the flow of people through the home so that our staff can adequately supervise them. Minimal assistance is given when merchandise is being moved. Supervision of parking areas is also given. If the real estate property is listed to be sold, the on-site estate sale will give the property tremendous exposure and, in many such cases, may even help your REALTOR sell the property much faster for you.