So you need to sell something? No one wants to do it—but we’ve all been there, and when times are tough, or before another big purchase, it might be time to sell something of value.
You’ve thought long and hard; you’ve considered all other options. But before you take your great-grandfather’s watch down to the local pawnshop, you may want to take a moment to check that you are getting the best deal you can.
After all, high-value heirlooms get passed down exactly to save you from desperate moments like this, and the last thing you want is to end up selling low on the wrong market or getting ripped off by an internet scammer. Here are a few ways to ensure that you are on track to selling your wares in a way that counts.
What Does “Certified Pre-Owned” Mean?
There is nothing to stop you from going out and selling your wares right away. However, getting your item registered as a CPO or Certified Pre Owned tells the buyer that your heirloom or collectible has met a standard. Certification standards test to determine the quality, authenticity, and age match the price.
Getting your item certified largely depends on your item, but there are many convenient options for most high-priced items. You can get it certified online, in person, or even hybrid online/in-store options like at Precision Watches. Getting this process done is key to ensuring that you have verified your item with a professional, and you will likely receive a quote and advice for the appropriate marketplace.
Knowing your item’s market will help you specialize and get your wares to the people who want it—and are serious about buying your high-value piece.
What’s Wrong with Standard Online Marketplaces?
In short, nothing at all! Sites like eBay and Craigslist are a mainstay for many collectors and sellers. Still, such high traffic brings an unfortunate reality of scammers and rip-offs, which is especially scary for high-value items. The risks can turn people off from purchasing such expensive items on non-specialized online marketplaces.
With a current estimate of 1.7 billion products for sale on eBay alone, it’s easy to see how many opportunities there are to make a wrong purchase. Most of us have been swindled once or twice for something small, so it makes sense that people are cautious with such high-value items. Low brand trust can lead to issues when it comes to selling your valued products, which can lead to a frustrating turnover rate that may have you dipping to decrease.
These websites may seem like the more straightforward option, but with just a little research, you will find a community interested in your wares and has the cash on hand to back it up!
When you’re in a cash bind, selling a high-priced item is a difficult enough choice to make. The last thing you want is to feel that you walked away with less than you should’ve! Keeping these crucial guidelines in mind, you should feel confident to sell your wares the right way.