Tuesday, October 23, 2012

A quick guide to selling furniture

You may find yourself overloading with furniture at some point or another in your life. It may be related to a bunch of things: you want to move and there’s not enough space where you’re going; maybe you inherited a whole house full of things but that are not really your style; or you may simple want to redecorate. Any reason is good enough to sell some furniture!

What’s my furniture worth? How much do I charge for it?
First you need to determine if what you’re dealing with is modern furniture that you bought a little while ago, or if you have a much more valuable item in your hands.

If you’re more inclined to the second option, ask yourself: is it an antique? (remember that although an -antique- needs to be at least 100 years old, what you have may still be really valuable) Was it made by a famous manufacturer? Have you had it for long? Has it had a lot of use over the years? If you don’t really know the answers to these questions you may want to pay a visit to your local library and hit the books to find similar objects. You’ll be able to determine the approximate date of the furniture. After that, you can check online or in newspaper ads for similar objects and how much is being charged for them.

A problem that you may come across is that people tend to value their objects according to their memories. Take into account that whoever is going to buy that from you doesn’t really care if it has been in your family for many generations. We know it’s difficult to separate those feelings, but you need to keep an objective and realistic view on it.

 How and where to sell my furniture
We think that the best way to sell things is posting classified ads on the internet. If you chose to do this, make sure you add a good picture of the object and as many details as you can. Don’t false advertise. Don’t claim mint conditions if it’s not the case. Only one look at it and the buyer will walk away if the furniture does not live up to the praises in your ad. Be ready to meet with potential buyers and set times that are appropriate for both of you.

However, if you don’t have time for the process of getting in touch with buyers and setting times to see and sell the furniture, the next option is to contact a furniture dealer. They can come and pick it up from your house and do the work for you. Of course that this option will leave you with less money because when pricing it, they will take into account their profit. But it is a good and fast option, though maybe not the most profitable.

Giving and taking a good bargain
As usual, this is a two way street. The buyer wants what you have, and you want to sell them your stuff. So, you need to negotiate the price and meet in the middle. A good bargain is the most exciting part of this business!

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