Designer Luxury Furniture

How Do I Price Used Furniture

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Although you can do your best to determine the fair market value for your used furniture or appliance, finding multiple interested buyers for your merchandise is critical to obtaining the best price. An item is worth only what someone is willing to pay for it. Competition drives the purchase price higher.

One of the questions I’m frequently asked is How Do I Price My Painted Furniture?. Chit-Chat Tagged With: business, furniture, how to price, how to price furniture, painted, pricing, pricing formula, Pricing Your Painted Furniture. Previous Post: Turquoise French Country Sideboard.

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Your prices should not be any higher than the asking rate for similar products that you see advertised or displayed in used furniture stores. Decide ahead of time how firm you are going to be on your price and whether you are open to bargaining.

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. You should also consider the age of the furniture when you’re pricing it.

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An Online Used Price Guide. I have used this Used Price Guide from statricks.com with some success. You can look up blue book values for most household items and appliances.. Consider these tips for pricing garage sale items and these for selling used furniture. Find out how to get the most.