Michigan Estate Sale Companies vs Auction Houses: Which to Choose and When
Estate sale companies and auction houses both convert a houseful of stuff into cash, but they work very differently, charge different fees, and excel with different kinds of estates.
Michigan Estate Sale Company Fees
- Commission: 30 to 40 percent of gross
- Setup, staging, pricing, marketing included
- Minimums often $1,500 to $3,000 for smaller estates
- Cleanout often $500 to $2,500 extra
Michigan Auction House Fees
- Seller commission: 15 to 35 percent
- Buyer’s premium: 15 to 25 percent (paid by buyer, suppresses bidding)
- Photography and cataloging: included or $5 to $25 per lot
- Transportation: $300 to $1,500
- Storage charges if items unsold
- Unsold lots returned or rolled to subsequent auctions
Timeline Comparison
Estate sale: 2-4 weeks total, cash in hand within 30 days. Auction: 2-4 months start to finish, proceeds disbursed 30-45 days after auction closes.
Choose Estate Sale When
- Typical mix of household goods, furniture, decor
- Total inventory $5,000 to $50,000
- Need house emptied in 30-45 days
- Most items mid-range, not specialty
- Property in populated area
Choose Auction House When
- Specialty items: fine art, period antiques, gold/silver, rare coins, sterling, jewelry, firearms
- Individual items worth $1,000+
- Not on a tight timeline
- Property rural or hard to draw foot traffic
- Items have provenance, signatures, documentation
When Neither Option Fits
For estates with limited aggregate value, multiple heirs who cannot align, or out-of-state Personal Representatives, selling the home as-is with contents included may be the right move. Offer Now Michigan handles these situations regularly. Call (810) 547-1135.