Author Topic: Tips for Pricing Used Furniture  (Read 1265 times)

Offlineiikanjisong

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Tips for Pricing Used Furniture
| January 13, 2017, 01:04:25 PM
By: Abe Abbas


Pricing used furniture can be difficult, but knowing the kinds of used furniture that sell best can help. All furniture depreciates in value after it has seen some use, and not all used furniture sells easily, especially upholstered pieces.

Be prepared to negotiate on price because buyers will always have an idea about how much they want to pay for used furniture. You may even have to bring prices down drastically if you really want to get rid of a piece and there are no takers at the price you have set. You might even consider donating it then claim a deduction for it on your tax return.

Quality

The quality of your used furniture is a good guide to determining its price. A well-made piece of furniture that is constructed from quality material will stand up to use over an extended period of time. Some woods, such as mahogany, will fetch higher prices. Conversely, a badly made piece that can fall apart easily will be difficult to sell at a high price.

The quality of your furniture should determine how you price it. The quality and condition of furniture is more important than its uniqueness. A customer will happily pay a better price for a well-made piece. An antique that is in bad condition might not do as well.

Look at your furniture from a buyer’s point of view. Furniture that is practical, comfortable and usable has a better chance of selling. You should price your pieces accordingly.


Size

Size matters when you're selling your used furniture because it determines an item's usefulness. An item that's too large can be problematic to sell. Custom-made furniture also poses problems sometimes unless your buyer is looking for the same feature.

Larger furniture items don't fit into all kinds of spaces and are harder to transport. Your customer might have to incur additional cost when trying to move oversized or larger pieces of used furniture, so take that into account when pricing over-sized items.

It's usually easier to sell smaller pieces of used furniture, so you might look to make a little more profit here. Smaller items are easily transported and fit into most homes.


Style

Some styles sell better than others. A neutral, contemporary style might do better than something that's more specialized unless it happens to be in demand.

Mid-century modern is a specialized style that continues to do well, and if you have any used retro furniture, you're in luck. Any retro furniture is always popular, so you might find a lot of takers and you can price these items a little higher.

Simple furniture designs are always in demand -- they can find a home in almost any style interior. Unusual furniture might prove hard to sell. A customer might find a lower price more attractive than the furniture item itself, and if you really want to get rid of it, setting a lower price might be the way to go.

If you have an antique piece, try to get in touch with an expert before you try to set a price for it.

Always look at your furniture from a buyer’s point of view. Furniture that is practical, comfortable and usable has a better chance of selling. You should price your pieces accordingly.



Article Source: http://furniture.about.com/od/sellingfurniture/qt/usedsofa.htm