Tips for Selling Your Old Furniture..

Tips for Selling Your Old Furniture..
Have you thought of selling your old furniture? There are many reasons for wanting to sell, such as wanting to replace it, moving, or simply needing to get rid of furniture that sits in storage and you know will never get used again. Here are some tips and ideas to get you started.
Determine Value

If you are selling furniture that is in good condition or you think is valuable, get an idea of how much it is worth. Do you own antiques that belong to a period valued by collectors? Do you know if your furniture was made by a famous manufacturer?

Even if your furniture is not old enough to be classified as antique or have value as a collectors’ item, it is still worth something. Consider how much you paid for it, who manufactured it and its present condition.

In case of antiques or valuable collections, consult pricing guides at your library. In either case, visiting local consignment stores and looking at newspaper and internet ads for similar objects can also give you an idea of how much your furniture is worth. Another fact worth remembering is that upholstered furniture is the hardest to sell, and you will have more takers for casegoods.
Price Appropriately

Be realistic when pricing your furniture. The memories you might have attached to a piece are yours alone and provide no added value to the buyer. Similarly, a customized couch might not have any special value for a buyer either, and customers are savvy enough to recognize if you’ve inflated prices or overstated the value.

When pricing, take into account any stains, scratches, tears or dents, just as you should make a note of a well maintained or mint condition item.

Your prices should not be any higher than the asking rate for similar products that you see advertised or displayed in used furniture stores. Decide ahead of time how firm you are going to be on your price.

For ideas on how to price your used furniture you may want to read this: Tips for Pricing Used Furniture
Decide How to Sell

  1. Garage sales, yard sales moving sales might work for you, depending on how much time and inventory you have.
  2. Advertise on the internet to have potential buyers contact you. Include pictures and details in your ad to have serious buyers contact you. Be prepared to meet with potential buyers to show your furniture as they may want to see it before making an offer. If possible, move the furniture to an area where you don’t have to let strangers inside your home.
  3. Contact a consignment store or a used furniture dealer. They will come, make you an offer and pick up the items if they have use for them. Although this is very convenient, you might not get the best price for your furniture as they have to factor in their profits, too. If you are short on time, don’t want to bother with trying to organize a garage sale, and need to get the stuff out quickly, this might be a good way to go.
  4. Contact a professional liquidator if you have a lot of furniture to sell, and they will suggest the best method for disposing of your furniture. They could suggest an on-site auction, moving everything to an auction house or having a tag sale. They will set the prices for all items and you can expect them to charge 20 to 30% of the sale proceeds. Go through all costs and commissions before you sign any agreements. To find liquidators look in the yellow pages under estate sales.
  5. In the end, if you are left with items you were unable to sell, consider donating to charities or furniture banks. You get the satisfaction of helping someone and a tax break.
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2 komentar:

  1. Thanks for the tip. You make a great point how memories of your furniture add no extra value. It is definitely something to keep in mind.

  2. La-Z-Boy said...

    Thanks for the tips for selling off some old furniture. Getting an idea of how much everything is worth is probably the hardest part.