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Old 05-01-2015, 11:17 PM
 
621 posts, read 930,188 times
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I have some items I am looking to sell and have tried Facebook, Craigslist and Ebay but no luck so was thinking of going to a Pawn Shop but what if I don't get my money's worth?
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Old 05-01-2015, 11:42 PM
 
Location: 39 20' 59"N / 75 30' 53"W
16,085 posts, read 24,300,950 times
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None of the sites mentioned are notorius for fair value and frequented by resellers.
Pawn shops are about their profit margin.
Unless hot market items, consider lowering price for fast turnover.
Etsy, good for selling vintage 20 yrs or older, .20 per listing and 4 month renewal.

Most importantly, quality photography, along with great descriptions essential to selling.

Last edited by virgode; 05-02-2015 at 12:08 AM..
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Old 05-02-2015, 01:18 AM
 
Location: Out there somewhere...a traveling man.
40,069 posts, read 48,956,282 times
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OP you're only going to get what someone is willing to pay. Pawn shops will give you probably the least amount. If the items are not popular as stated above then that means there is little or no value to the item(s).
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Old 05-02-2015, 06:22 PM
 
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Of course you won't get your "money's worth." The pawn shop exists to profit off you.
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Old 06-15-2015, 11:55 PM
 
298 posts, read 246,444 times
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Pawn shops overpay every day. They also underpay and under-price too. Sometimes they even get it right. Few are consistent all day/week/month/year long.

I buy from pawn shops a lot and can tell what they have invested in an item by the code on the price tag. There are absolutely things that you can buy off of Ebay or Craigslist and bring straight to a pawn shop for a quick profit.

Here's a tip though, they pay more for loans then buys. They won't admit it is absolutely true. They're in this for the interest, not the profit and expense of reselling items. Pawn shop chains measure performance for each location by its loan balance. Managers are pressured to keep increasing that number month after month and their bonuses depend on it. They know that 60-70% of the borrowers will come back for their item or extend the loan (sometimes for years). There is no shame in being part of the 30-40% who do not come back for their item.

You don't have to lie and say you'll be back Friday to pick it up or anything (which is what everyone says). They'll ask how much you want for your item and if you want a loan or to sell it outright. Just tell them a loan. Don't even entertain the thought of selling it to them. And give them the price you want. Don't just say "make an offer". That, and shopping around to a couple different splaces, is the way to get the most for your items.
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Old 06-16-2015, 07:50 AM
 
Location: southwestern PA
20,419 posts, read 38,426,572 times
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Quote:
Originally Posted by disneygogetter View Post
I have some items I am looking to sell and have tried Facebook, Craigslist and Ebay but no luck so was thinking of going to a Pawn Shop but what if I don't get my money's worth?
People generally overestimate what their stuff is worth.
Are you selling collectibles, or just looking to clean out your closet?
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Old 06-17-2015, 01:38 PM
 
Location: Florida
4,103 posts, read 4,379,637 times
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Ebay - Collects a fee off of each sale, relies upon volume
Craigslist and Facebook - Makes no money off of sales
Pawn Shops - Buys your item and carries it as inventory, must sell inventory with a significant markup to justify carrying costs

Pawn shops are going to pay you as little as they can get away with and sell the item for as much as they can get away with. It used to be that you could find rare gems like rare guitars or guns in them. But once the big chains began using centralized pricing databases that went out the door.
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Old 06-17-2015, 01:46 PM
 
16,719 posts, read 15,121,995 times
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Quote:
Originally Posted by disneygogetter View Post
I have some items I am looking to sell and have tried Facebook, Craigslist and Ebay but no luck so was thinking of going to a Pawn Shop but what if I don't get my money's worth?
Give the items away to a homeless shelter.
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Old 06-18-2015, 01:39 AM
 
298 posts, read 246,444 times
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Quote:
Originally Posted by thatguydownsouth View Post
Ebay - Collects a fee off of each sale, relies upon volume
Craigslist and Facebook - Makes no money off of sales
Pawn Shops - Buys your item and carries it as inventory, must sell inventory with a significant markup to justify carrying costs

Pawn shops are going to pay you as little as they can get away with and sell the item for as much as they can get away with. It used to be that you could find rare gems like rare guitars or guns in them. But once the big chains began using centralized pricing databases that went out the door.


There are still deals to be found every day in the shops. They also overpay for items every day. Managers risk losing their jobs or at the very least their bonuses if they don't loan out certain amounts every month. It never hurts to check with a pawn shop if you need something sold fast.
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