How Should You Price Used Furniture

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how should you price used furniture

When it comes to pricing furniture, the price is dependent on a few factors. The age and quality of the piece are two of the most important factors in determining how much a piece of furniture is worth. Other things to consider when pricing used furniture include its size, material, and condition.

Since there are so many factors that can affect the price of an item, it’s best to consult with a professional before setting your asking price. A professional will be able to give you an accurate assessment of what your item is worth based on these factors and help you determine what type of pricing strategy would work best for your situation.

How do I find out how much my furniture is worth?

To price used furniture, multiply the original price by 0.7-0.8, which means you’d be selling it for 70-80 percent of the original price. If the furniture isn’t in the best condition because it’s worn, faded, or banged up, you’ll probably need to sell it for less than that.[1]

What is the best way to sell a piece of furniture?

1. Facebook Marketplace. It’s quick, it’s easy, it’s super popular and it’s free. Craigslist. Another very user-friendly way to sell furniture online, Craigslist has been around for quite a while, too. Letgo. Trove Market and local consignment shops. eBay. Etsy. OfferUp.[2]

What is the best website to sell furniture?

Craigslist. 1stDibs. Facebook Marketplace. OfferUp. Remoov. Ruby Lane. Sotheby’s Home.[3]

How do I know if my antique furniture is valuable?

Trace Back the Furniture’s Owners. Determine the Age of Your Furniture. Consider the Rarity of Your Vintage Furniture. Check for Vintage Furniture Quality. Look for Vintage Furniture in Good Condition.[4]

What percentage sell used furniture?

We generally encourage sellers to list used furniture at about 20 – 50% of the original retail price since furniture is very much like any other depreciable asset. One exception: pieces that are part of a unique or special collection because they tend to lose value once they’re taken from their retail location.[5]

How do I find the value of used items?

50-30-10 RULE: Near-to-new items should be sold for 50 percent of their retail price; slightly used items at 25-30 percent of retail; and well-worn items at 10 percent of retail.[6]

What is the best way to sell furniture and household items?

Yard, Garage, and Moving Sales. Call in an Outside Expert. Craigslist and Online Classifieds. Online Auctions with Specific Focus. Local Sales Groups on Social Media. Local Selling Mobile Apps.[7]

How can I sell my household items fast?

Local online marketplaces. If you have furniture, electronics, gently used toys, kitchen gadgets or other household items, selling them on a local online marketplace such as Facebook Marketplace, Nextdoor or Craigslist can be an easy way to get rid of items fast.[8]

Can you sell used furniture on eBay?

How to Sell: You can either sell used furniture on eBay at an auction or for a fixed price. Listing items on eBay is a fairly straightforward process. Be sure to add photos to make your listing stand out. Pay and Fees: Expect to pay a 13% commission fee on the final selling price of your furniture.[9]

Do people still use Craigslist?

Do People Still Use Craigslist? Absolutely. You can search your local area on Craigslist and find used furniture, cars, rentals, and even jobs. However, because so many Craigslist alternatives exist, it is no longer a one-stop shopping powerhouse when it debuted in 1995.[10]

How do I sell high end furniture online?

Craigslist and eBay are a few of the most common places to list high-end furniture, although there are other sites you can use as well. Chairish is a site specifically for listing high-end furniture, but you could also try sites like OfferUp, Bonanza, Facebook Marketplace, ArtDeco, 1dibs, or Oodle.[11]

How do I sell furniture on Facebook?

Take Good Photos. Dimensions. Offer porch pickup for smaller items. Research the price. Have a plan for negotiations. Put your furniture in a spot that is easily accessible when it comes time to sell. Be honest and descriptive of any flaws in your posting.[12]

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