United States
US NAICS OD6298 | Industry Report | Spotlight

Estate Liquidation Services in the US Industry Data and Analysis

DB
Demetrios Berdousis
Analyst New York, United States October 2024

Estate liquidation has done well, for a relatively small industry, and will continue to do so through the end of 2024. Industry revenue is expected to have grown at a CAGR of 2.1% through the end of 2024 to reach an estimated $230.3 million, despite an expected contraction of 0.4% in 2024. However, profit has shrunk from 17.2% of revenue in 2018 to an estimated 11.7% in 2024 because of mounting costs. Wage rates are challenging to interpret as liquidators earn a commission on each item sold. At the same time, these rates can serve as an indication of the overall health of the industry, though they do not take into account nonemployers (independent liquidators).

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What's included in this industry analysis

IBISWorld's research coverage on the Estate Liquidation Services industry in the United States includes market sizing, forecasting, data and analysis from 2014-2029. The most recent publication was released October 2024.

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About this industry

What's this industry report about?

The Estate Liquidation Services industry in the United States operates under the NAICS industry code OD6298. Estate liquidators are primarily engaged in one or more of the following activities: researching public land records to gather information relating to real estate; preparing documents necessary for title transfers, financing and settlement; administering final real estate settlements and conducting closings; and filing legal and other documents relating to the sale of real estate. Real estate settlement offices, title abstract companies and title search companies are included in this industry. Related terms covered in the Estate Liquidation Services industry in the United States include liquidate, estate and auction.

What's included in this industry?

Products and services covered in Estate Liquidation Services industry in the United States include Civil law services - wills, estates and trusts, Title, abstract, and settlement services and Arbitration and mediation.

What companies are included in this industry?

The Estate Liquidation Services industry in the United States is highly fragmented with no companies holding a market share greater than 5%.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Estate Liquidation Services industry in the United States.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Estate Liquidation Services industry in the United States.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Estate Liquidation Services industry in the United States.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Estate Liquidation Services industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Estate Liquidation Services industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Estate Liquidation Services industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Estate Liquidation Services industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Estate Liquidation Services industry in the United States.

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Frequently Asked Questions

What is the market size of the Estate Liquidation Services industry in the United States in 2026?

The market size of the Estate Liquidation Services industry in the United States is $230.3m in 2026.

How many businesses are there in the Estate Liquidation Services industry in the United States in 2024?

There are 791 businesses in the Estate Liquidation Services industry in the United States, which has grown at a CAGR of 0.8 % between 2019 and 2024.

Has the Estate Liquidation Services industry in the United States grown or declined over the past 5 years?

The market size of the Estate Liquidation Services industry in the United States has been growing at a CAGR of 1.8 % between 2019 and 2024.

What is the forecast growth of the Estate Liquidation Services industry in the United States over the next 5 years?

Over the next five years, the Estate Liquidation Services industry in the United States is expected to grow.

What does the Estate Liquidation Services industry in the United States include?

Civil law services – wills, estates and trusts and Title, abstract and settlement services are part of the Estate Liquidation Services industry in the United States.

How competitive is the Estate Liquidation Services industry in the United States?

The level of competition is low and steady in the Estate Liquidation Services industry in the United States.

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