Get the Most Out of Selling Old Furniture

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Selling your old furniture, whether you choose to do it online through a classified advertisement in the newspaper or on a site like Craigslist or eBay, is an excellent way to bring in some extra cash and clear up some extra space at home in the process. However, there are some things you need to consider before putting your items up for sale that will help you get the most you can for your old furniture.

Know Your Item

Before you can sell your old furniture, you need to determine what it is worth. There are a variety of factors that help determine the value of old furniture, including the item’s condition, age, build quality and whether or not the item was made by a well-known manufacturer. Use an antique or specialty sourcebook if you are selling very old or special items made by a well-known company maker like Tiffany to find out the true value of your items.

If you’re just selling usable pieces of furniture, meaning they aren’t particularly well-known or collectible, but are of decent quality and usable, you’ll need to determine what they are worth in your area.

Know Your Area

How much you can sell used furniture for depends greatly on the area you are in. Large markets like New York, Los Angeles or Chicago allow sellers to ask more for their used items because of the high population and cost of living. In smaller markets like Raleigh, it may be more difficult to sell used furniture. Figuring out what similar items are selling for in stores that sell used furniture and in online marketplaces and setting your asking price accordingly will help you sell your furniture quickly.

When to Sell

Whether you are selling an antique piece of furniture worth many thousands of dollars or one of decent quality built in recent years, you still need to consider what time of year you are selling the item and whether it’s a beneficial time to sell. For example, if you’re in Raleigh trying to sell a patio set in the dead of winter, even if it’s an exceptional set of furniture, isn’t likely to net you the maximum amount of money possible. Seasonal furniture is particularly susceptible to time-of-year trends like the one mentioned above, but indoor furniture tends to sell best from September to November.

Consider Storage

If it isn’t the right time of year to sell your furniture or you don’t think the market is right for your particular piece or pieces of furniture, consider putting your items in storage. In any city, from Chicago to Raleigh, there are a variety of different storage options like storage units in Raleigh that will comfortably house your furniture, and putting your items in storage until you can sell them for what they’re really worth is a smart financial decision.