No matter if interior design is something that you’re deeply interested in or use it simply to fulfill a certain living standard, one thing’s for sure. There’ll always be a need to freshen up the space you live in. However, how you do it can vary greatly. Not a lot of people realize that you can save quite a bit during this process. Before purchasing the next item that you have your eye on, make sure to research all your options. We’ve created a guide to help you get the most money when you sell used furniture.
What’s the condition of your furniture?
The first thing you should do is assess the condition of your item. Does it have any flaws or blemishes? Is it in decent condition? Is it still usable? These are some of the questions you should ask yourself objectively while you evaluate your furniture. Even though your items may have emotional value, think about if they would be attractive and useful to someone else. That’s the only way you’ll manage to get the most money while you sell used furniture.
Align your timing
The majority of people are unaware that timing is a crucial factor in the process of selling your furniture. If you’re in a hurry to sell your furniture, consider decreasing the price. This greatly improves your chances of selling your item in a timely manner. If you’re not in a hurry, though, you can get the most money selling used furniture by offering your goods for a higher price and seeing where that takes you. The ideal buyer will show up eventually.
Another noteworthy truth regarding timing is that the trends in the furniture market mirror those in the real estate market. Because it is a desirable time to move into a new home, summer is a popular period for people to start selling their furnishings. Not many people are thinking about furniture in the dead of winter.
Determine the exact value of your belongings
When settling on a price for your item, consider the following factors: condition, age, brand, and, of course, the time of sale. Because furniture drops in value at the same rate as any other depreciable asset, it’s advisable for sellers to advertise used furniture for around 20–50% of the original retail price. Pieces that are part of a unique or unusual collection are an exception, as they lose value once they are removed from their retail location. If you’re still confused about how much to charge for your furniture, use an online furniture calculator. Based on the details you’ll provide about the furniture, it calculates its value.
Do you have some competition?
Do thorough research for pieces that are similar to your item in style, condition, brand, and age if you’re selling on a well-balanced marketplace. Then consider how you might improve your product to make it more appealing than that of the competition. This will also help determine the appropriate pricing for your item. Although it sounds a bit bothersome, doing this research is a great way to get the most money when you sell used furniture.
Don’t hold back on honesty
Although you’re looking to create extra money, you shouldn’t do it at all costs. Make sure that you’re being sincere and don’t hold back. It’s usual for furniture to sustain some wear and tear over time. This is something both you and a future buyer are aware of. Therefore, share any damage, such as stains, tears, chips, scratches, or dents, with specifics and photos. Buyers prefer to know exactly what they’re getting before they buy. If you’re honest about the damage and if it’s not too bad, they won’t mind. Keep in mind that the used furniture market is a sharing economy founded on trust. This is the motivation behind people buying furniture from strangers.
Take photos to get the most money when you sell used furniture
Pictures matter. Now, we’re not simply talking about stock photos that’ll look generic. We’re talking about real-life images of your item that illustrate its current state. This way, you’ll display honesty, and your pictures will look genuine, which people love to see. Remember that people buying furniture online are making decisions without seeing the item in person, so giving them a thorough perspective is crucial. This way, they can make an informed decision which you’ll both be content with.
Here are some tips to help you get the best pay off when you sell used furniture by taking great pics:
• Before photographing your furniture, make sure it’s clean.
• Pillows, rugs, cups, and books should all be removed from the room.
• Take pictures when there is plenty of natural light.
• Take shots of the front, back, and sides of your furniture at eye level.
• Posting an honest picture will help you get the most money when you sell used furniture.
Moving heavy furniture
You’ll, of course, need to move the heavy furniture to the desired location. No matter what kind of a deal you make, a proper transfer is a must. Make sure to either do this yourself or hire a reliable company to help you with it. If you’re sending your furniture to a remote location, it’s usually the receiver that pays the shipping price. However, don’t consider anything a given and be thorough when making deals.
Donate the furniture that you cannot sell
You probably also have some pieces of furniture that you need to get rid of but cannot sell. Even though it may not help you save money, you’ll do the right thing. Instead of throwing out items that you don’t have any use for, why not give them to someone who does?
Buy used furniture as well
Just like you’ll get the most money when you sell used furniture by implementing these tips, you can do the same by purchasing used furniture. Make sure to buy pieces that you need and will use. At the same time, always double-check the validity of the sellers whose belongings you’re looking into.
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