Monday, December 24, 2012

Sell Wine Collection The Profitable Way

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By Marisol Guy


If ever you decide to sell wine collection that you have amassed over time, look for a company that will give you complete service from appraisals to the final payments of your stocks. There are many wine distributors out there that you can choose from and it would be in your best interest if you decide to get a competent service entity to do it for you. There are certain steps that you have to initially do so the process of disposing your collection would go smoothly.

The dealer which will want to sell your stash may not bother with ordinary everyday wine. A comprehensive list has to be initially prepared for submission to the merchant who will handle the sale. You have to include complete information about the bottles which should include the vintage, producer, variety and the quantity. This is needed so that an assessment can be made right away if you have selections worth selling.

When the list is sent out to the buyer, trustworthiness on your part will go a long way to establish trust with both parties. If you think there are some minor problems like seepage, it is best that you include it in your list description. As soon as it is done, send the list immediately to your broker you have chosen to do the transaction.

The appraiser will tell you what your selections are worth and why it is valued that much. Charges of shipping, transport and insurance will be for your account and you have to study the procedures if it is worth the expense. Upon submission of your list, a few days are needed for the wines to be valued and priced accordingly.

The next step is for you to study the appraisal and discuss it with the provider. He will likely give you the distributor name and the address where you will ship the wine. The distributor will deal directly now with you for the finer details of the transaction.

Be prepared that the buyer will inspect your items carefully and see how accurate your listings are. If there are some discrepancies, the purchaser will contact you and reach an amicable solution on the affected bottles. If no solution has been reached, the damaged bottles will be returned. That is why you should choose people you will deal with.

The buyer will issue you a check within 30 days for your items. Expect that the prices will be much higher than from the auction houses and payment will be sooner than the average 10 weeks that is needed for the whole selling process. Commissions will be deducted from the selling price which will go to the broker.

You should choose the best option for your sell wine collection on how to go about it. A little research and accreditation checking have to be done by you. Choose one that has a track record and is trustworthy at the same time.




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