top of page
-
Where do we begin?The first step into preparing for an estate sale is to contact us for a FREE consultation. We will come to the sales location and assess the value to be sold. We will advise you in which direction and service will ultimately benefit you. Call Adrian Madrid at (575) 222-3436 or schedule your consultation below:
-
How soon should I contact Gold Mine Estate Sales?It is important to contact us as soon as you believe you may need our service as our calendars are usually booked 3-6 months in advance. We will assist you with letting you know if an estate sale will benefit you. With a large team we may be able to assist you with a last minute sale. Please note that we are not able to conduct a sale if the timeline will not ultimately benefit the client due to short time notice.
-
How long does the process take?From beginning to ending we can 1. Consult with you. 2. Develop a timeline. 3. Execute a contract. 4. Prepare your event. 5. Organize/Stage your event. 6. Price your event. 7. Photograph your event. 8. Market your event. 9. Invite our customer base to your event. 10. Conduct the estate sale Friday & Saturday. 11. *Optional Provision* Donate or dispose of leftover unsold items. 12. *Optional Provision* Leave your home Real Estate Ready. 13. Issue you a check within 7 days after event ends. Homes that are well organized and cleaned prior to our services can take 1 Week to complete. Homes that are left "as-is" will need to be professionally staged and cleaned, all homes must be organized, hazards must be removed and the quality of the event must be satisfactory to our Project Manager. Consult with us to understand all your options.
-
What does it cost?There are no upfront cost when electing for an estate sale through Gold Mine Estate Sales, LLC. We operate on a 45% commission on Full (everything included as is) events and 50% commission on Partial events with more than 20% of the original contents removed or not present. Our clients are responsible for paying Sales Tax on our service. For vehicles 2014 and newer and below 100,000 miles we reduce the commission to 20% for vehicle sales only. Vehicles must contain a VIN in order to qualify for reduced commission. All expenses and the commission is paid from the gross proceeds at the end of the sale. There are optional provisions that are not included in our service such as: Full Clean Out Provision, Donation Provision, Real-Estate Ready Provision along with different advertising tiers for our client that incur a separate cost. These cost are also paid out of the gross proceeds and are considered a secondary service.
-
You charge more than other local companies, why?We are a team of professionals who set the standard in our industry and we get the job done right. We like to think of ourselves as an investment. We offer the most cost-effective way to have an estate sale as our process and marketing produce the best results for our clients. Our clients hire us because they get the confidence in knowing their sale will be handled properly. We do not charge more and offer the same experience as our competitors. Who you choose matters! There is no second chance when having an estate sale. We offer: - Longer Sales Period - Earlier Opening Hours - Longer Closing Hours - Auction Services - 24/7 Online Shopping Service - Broader Customer Base (we are in multiple states an cities) - Fiduciary Based Services - Specialty Based Teams
-
I live out of the state and need your services. Can you help?We understand you can't be in two places at once. We are here to help you with all of our services no matter where you are. We will take the stress off your hands by handling all aspects of the sale. We will take care of the set up , remove any personal property and sensitive information along with collecting all family photos, and religious items. You determine how you would like these items to be handled or returned.
-
Do you offer clean-outs?Yes! We offer a complete service to anyone, even if you do not have an estate sale! See our rates below:
-
Does staging my estate sale come at an extra cost?When electing for an estate sale the staging aspect is automatically included at no cost. Our professional team from STAGED by GMES â„¢ will thoroughly stage your home driving sales performance for both the estate sale items while highlighting aspects real estate buyers are looking for.
-
How do you determine pricing?All pricing begins at Fair Market Value which is 80% of the items retail cost. Then we factor the following information in:
-
What are Street Numbers?Applying only to the opening of our sales. We are introducing a 'number system' also known as "Street Number Etiquette". This is a method used across the United States that will be introduced to Las Cruces, New Mexico on March 31, 2023. The purpose of the 'number system' is simply convenience. Customers who are early birds can pick up a number from our staff member within 1.5 hours before the estate sale. The number received represents the customers place in line. The customer gets to leave, grab breakfast or do anything else they would like and have a guaranteed place in line when we open. Here is how it works: Each sale day (Friday & Saturday) our signs will be placed out between 7:30 AM - 8:00 AM. A member of our staff will be on-site of the sales location 2 hours before opening. Staff Members will provide a free ticket that contains the: Date & a Number to any interested customer who wishes to attend the sale. Staff Members will stop giving out numbers at 9:30 AM Sharp. Arriving customers will be directed to the general line. We ask that Ticket Holders begin lining up at 9:30 AM and NO LATER than 9:50 AM with a 2 minute exception (9:52 the latest). Ticket holders who arrive on or after 9:52 AM will be directed to the end of the general line NO EXCEPTIONS. At 10:00 AM when we open all Ticket Holders will be let in first before the general line who did not take advantage of the "Number System" The general line is let in immediately after.
-
What is an estate sale?According to EstateSale.Net "An Estate Sale, also called a Tag Sale in some parts of the country, is a way of liquidating the belongings of a family or estate. These are usually much more than garage or yard sales. They are used when someone is in need of a way to sell items due to downsizing, moving, divorce, bankruptcy, or death. The public is invited into the home and given the opportunity to purchase any item that is priced for sale. At times there are items that are not for sale because the family has decided to keep them or new owners of the house have made them part of a contract to buy the house. Estate Auctions are where everything is auctioned instead of being marked with a selling price." Reference: EstateSale.NET. (2023, February 15). What is an estate sale. EstateSales.NET. Retrieved February 15, 2023, from https://www.estatesales.net/learn/what-is-an-estate-sale
-
Are your sales open to the public?All of our events are open to the public. There is no access charge for attending our events. Please be aware that we are initiating an Early Access Program that will allow participating members to access our sales 15 minutes earlier than the general line. *See "What is the Early Access Program?" for more information.
-
Do accept Debit/Credit Cards?Yes. We accept all credit/debit cards. NOTICE: There Is A 4% Credit/ Debit Card Fee. To Avoid This Fee, You May Pay Cash Or Check. Pay A 3% Debit/Credit Card Fee When Using Apple Pay By Paying (575) 222-3436.
-
Do you accept Checks?Yes we accept checks with a valid drivers license present. No Third-Party Checks Are Accepted. Any Returned Checks Will Result In A $35.00 Fee Paid In Cash.
-
Do you hold items for me if I call ahead?No, we do not hold any items before the sale begins, during the sale you can call and we will accept payment over the phone and hold items for you to pick up that day.
-
Do you deliver?Non-Insured Delivery: For $150.00 USD + 8.31% Tax, Two of our team members will load and deliver items to your location within the same city of the sale. All deliveries are available between 4:30 PM - 5:30 PM the same day.
-
How do you determine pricing?All pricing begins at Fair Market Value which is 80% of the items retail cost. Then we factor the following information in:
-
What are Street Numbers?Applying only to the opening of our sales. We are introducing a 'number system' also known as "Street Number Etiquette". This is a method used across the United States that will be introduced to Las Cruces, New Mexico on March 31, 2023. The purpose of the 'number system' is simply convenience. Customers who are early birds can pick up a number from our staff member within 1.5 hours before the estate sale. The number received represents the customers place in line. The customer gets to leave, grab breakfast or do anything else they would like and have a guaranteed place in line when we open. Here is how it works: Each sale day (Friday & Saturday) our signs will be placed out between 7:30 AM - 8:00 AM. A member of our staff will be on-site of the sales location 2 hours before opening. Staff Members will provide a free ticket that contains the: Date & a Number to any interested customer who wishes to attend the sale. Staff Members will stop giving out numbers at 9:30 AM Sharp. Arriving customers will be directed to the general line. We ask that Ticket Holders begin lining up at 9:30 AM and NO LATER than 9:50 AM with a 2 minute exception (9:52 the latest). Ticket holders who arrive on or after 9:52 AM will be directed to the end of the general line NO EXCEPTIONS. At 10:00 AM when we open all Ticket Holders will be let in first before the general line who did not take advantage of the "Number System" The general line is let in immediately after.
-
What are the qualifications to have an auction conducted on my behalf?If you have items that are desirable and contain value, you qualify for an auction regardless of the location. There are several factors that we look at when placing an item into an auction. - Location Some estates are located in neighborhoods with HOAs that prevent an estate sale from being conducted. This happens for many reasons with the largest reason being access to public officials during an emergency such as (FIRE, EMT, or POLICE). Gated communities that require an access code also prohibit Estate Sales or any other in-person events. Estates that are affected by these circumstances are required to be executed through an online sales channel. - Value Any items placed into an auction must contain a value that exceeds $25.00 USD. Any individual items that can be grouped together will be placed into an auction lot of "x" amount for the collected value of $25.00 USD. For example: LOT OF 15 Hammers - Value: $25.00 USD | LOT OF 5 Cuisinart Knifes - Value: $25.00 - Desirability Any items we place into auction we consider how many participants may be interested in bidding. There are some items that contain value but have a small audience. The last thing you want to do is place an item in an auction and have only 1-3 bidders placing bids. The sales results will be considerably low. If you have items that are desirable and contain value, we are able to assist you regardless of the location.
-
What does the process look like?The process takes a total of 21 days with the auction beginning on the 7th day and ending on the 14th day. The following days are spent executing sales orders (collecting payments, scheduling pick up times and allowing 2-4 business days for debit/credit card transactions to clear. You are provided a check within 7 days of your event closing.
-
Do you charge a buyers premium?No. During 2023 we are not charging a buyers premium. All bidders win an item at the "Hammer Price".
-
How do you determine pricing?All pricing begins at Fair Market Value which is 80% of the items retail cost. Then we factor the following information in:
-
Where do I access your auctions from?To access our auctions you can go to www.GoldMineEstateSales.com and click on the "Shop Auctions" button on the top banner of our page. Here are 5 places to find the auction link: - Home Page - Upcoming Sales Tab - Our Calendar (Click on the date) - Our emails sent out (Subscribe to our email list) - Our Social Media
-
Do you charge a buyers premium?No. During 2023 we are not charging a buyers premium. When winning an item, you simply pay the hammer price with no additional fees or taxes.
-
How do you determine pricing?All pricing begins at Fair Market Value which is 80% of the items retail cost. Then we factor the following information in:
Get in touch
Contact Us
We have a high demand within our service areas. We suggest getting on our event calendar as soon as possible.
Adrian Madrid (Director of Operations)
bottom of page