March 26, 2017

9 Pawning Antique Goods Tips For You

Pawning antique goods isn’t easy, and many complications can occur when you’re going into this process blindly. What you should be aiming to do is look at solutions that are going to help out in the long-term.

You want to focus on finding antique goods that are efficient and will provide real value.

Here are the 9 pawning antique goods tips that are going to make it easier for you to get a good return on what you are doing without having to worry about making unnecessary mistakes along the way.

1) Know The Terms

Do you know the terms? This is a big part of your pawning journey so make sure you are aware of the terms. This includes what the pawn shop can offer and what you might be able to get for the product on the open market.

This is the least you can check when it comes to excellent results.

Those who are not specific about what they’re doing will start to see a reduction in quality and that is the last thing you need in this day and age. Pinpoint key terms and stay focused on what works.

2) Provide Quality

Are you providing quality to the pawn shop? This is where the antique good has to be kept clean and ready to go when you are heading in for assessments. If not, you are taking a real risk and one that won’t pay off most of the times.

You need to understand they’re running a business, so you will have to present something that is appealing to their trained eyes.

If not, they will see right through it or ignore what you are bringing to their attention.

3) Get Quotes

You should be looking to get proper quotes from a number of pawn shops in the region before you look to confirm with one and get the deal done. The reason is, you might get something better from other people, and that is where you have to stay focused.

If you are not getting quotes, you won’t see the results that are worthwhile for your needs.

4) Keep ID With You At All Times

With these 9 pawning antique goods tips for you, the simplest one will be this tip and it might be the most important when everything is said and done. The idea is to keep your ID in place so you are getting a great deal that is worthwhile.

Too many people don’t keep their ID with them, and that can hamper their chances of moving things along at an opportune time.

5) Call Ahead

Make sure you are calling ahead when it comes to the antique goods you are going with. If not, you are going to hate the results that are coming in. If you are not calling ahead, you are not doing your job and that might lead to inefficient results as time goes on.

You want to call ahead and ask about about their terms and willingness to buy the product.

If not, you will not have to waste your time by going in.

6) Know Your Market

Do you know what the market is going to pay for this good if you were to sell it in that manner? If you are unsure, you are not going to be happy with the route you end up taking. This is why you need to know as much about as your market as you can.

7) Do Research on Antique Good

Look to do as much research on antique goods as you can because it will make a real difference. It will show you are prepared and that is going to win them over as they figure out what to do with what you have brought in.

8) Inspection Is Important

Inspecting the good for scratches/missing pieces can be a great solution to increase the value of your good and get more for it. Some take in an antique good assuming it will be okay but that is a real issue and isn’t something you want to do.

Remember, it is the little details that might woo a pawn shop.

You don’t want to skimp on those details because they’re not something you’re considering as being important. They are important so you have to put in the time to inspect as much as you can.

9) Stay Patient

You will understand this when you are going through with pawning. It takes time to get a read on what the pawn shop is after so you have to stay patient. It is the only way you are going to feel safe as you move forward.

Some too many people don’t stay patient, and that hampers their ability to retain value.

These are the 9 pawning antique goods tips that are going to be useful for you and your needs. Remember, no one is perfect when it comes to this process, so you’re going to have a learning curve along the way. This is natural but what you need to do is take these tips into consideration, so you are seeing real value and can get magical results moving forward. If not, you are not going to value the quality that is being brought in at all.

These are tips that are going to be worthwhile and will prove to be useful as you move forward.

March 23, 2017

8 Pawning Diamonds Tips You Should Know

Are you looking for a way to make quick cash? Do you have too much jewelry and are looking for ways to clear the clutter? Well, you can always choose to pawn your diamonds but you need to find the right pawn shop for the task. On the other hand, you need to know the best 8 pawning diamonds tips to make the transaction successful. Here are the top 8 pawning diamonds tips you should know.

1.    Ask About The Pricing
One of the 8 pawning diamonds tips you should know is to ask about the pricing before making any transaction. Most pawn shops use color, weight, clarity and point systems to determine the worth or value of diamonds. The point system refers to the placement of a dollar value for every point or worth of a diamond. For instance, a one carat diamond would be worth 100 points. Therefore, if you understand the point system as well as the other methods used for determining the value of a diamond, you can rest assured that you’re not getting ripped off.

2.    Look At Different Pawnshops
Before choosing a specific pawn shop to trade off your diamonds, you need to look around. Remember, the key to pawning off your diamonds is getting as much money as possible. As such, you should be aware that different pawnshops will give you varying amounts for your jewelry. Before making a final decision, you should get a few quotes from varying pawnshops. You might come across a favorable deal from the first pawn shop you visit but there might be another one with a better offer.

3.    Don’t Be Emotional
Are you pawning off your engagement ring to pay for medical expenses? Are you thinking about pawning off your grandmother’s diamond necklace to make some repairs on your home? Well, you shouldn’t expect the pawnshop owner to care about that because he/she is trained to be objective and focused when making a deal. Therefore, if you’re crying or telling your story to him/her to get a favor will not work. Sentimentality will not increase the value of the diamond. You should not decline an offer simply because you feel the diamond demands more money. Always think logically before pawning off your diamond to make sure you’re getting the right price.

4.    What’s Better? Pawning Or Selling?
It’s not an easy job to sell off your diamond especially if you’re doing within a time crunch. That’s why many people prefer pawning off their diamonds rather than selling them. Of course, since the pawnshop owner is looking to make a profit, he/she will offer an amount less than the actual value of the diamond. If you’re not in a rush, you can try making more money by selling the diamond to someone directly.

You can always choose to find a pawnshop that is willing to sell the diamond on your behalf. Of course, it might be a while before you actually get the money. However, if you prefer selling on your own, you might take longer than if a pawnshop did it for you. Therefore, you can always decide to pawn off or sell your diamond depending on the time crunch.

5.    Find A Reputable Pawnshop
When you are looking for a good pawnshop, you need to find a reputable one for the best results. There is a misconception with pawnshops that they are out to get your money. However, the best ones have been in business for a long time have garnered a good reputation for being fair with their customers. Of course, there are pawnshops that make good deals without necessarily asking a lot of questions.

It’s prudent to find a good pawnshop that learns everything there is about your jewelry before trading it off. If you’re dealing with a reputable pawnshop owner, you can always get your diamond there if you choose to go back for it. Certainly, it’s disappointing, if you leave your valuables, only to find that they have been sold off when you go back to get them.

6.    Dressing Properly
If you want to get a good deal on your diamond from the pawnshop, you need to project the right image. If you have dressed down, the pawnshop owner might assume that you have stolen the diamond or don’t know the actual value and offer you very little for it. Of course, you don’t have to go wearing a tuxedo but you can make the effort to wear a suit or a good presentable dress that makes the transaction go smoothly. Right from your image, the pawnshop owner will understand that you actually know what you’re doing and will not try to skim some money off your diamond.

7.    Making Payments
If you want to get the diamond later, you need to make regular payments. If you miss one, you might end up losing it altogether. Therefore, make necessary arrangements and payment plans with the pawnshop owner and don’t skip any payments. That way, you can always go back for your diamond comfortably.

8.    Check The Pawnshop’s Reviews
Lots of people talk about their experiences online so you need to take advantage of that. Read about the testimonials from previous customers and learn whether the pawnshop is a good match or not. You can even find out more about the pawnshop’s dealings and business practices to make sure they will not sell your diamonds if you plan on going back for them.

March 16, 2017

Pawning Jewelry Goods Tips If You Need To Borrow Money

If you are thinking about pawning jewelry goods, there can be many reasons why you might need the money. You might be trying to cough up enough cash to avoid a late fee on a credit card or installment payment, there could be an event you want to attend that happens in a day or so you didn’t plan on, or you might just need money to get through until your next paycheck. These 7 pawning jewelry goods tips can help you out in all these situations.

In some cases, the jewelry is so valuable that you’re using it as collateral to free up money for something important. It could be rent or a mortgage payment, you might be trying to get your car fixed as fast as you can, or you’re just trying to free up enough money to cover last-minute expenses like Christmas shopping, knowing you’ll have tax refund money in a month or two to pay back the pawn shop. Even in these larger circumstances, keep reading to learn all 7 pawning jewelry goods tips you need to know:

1) Know the resale value of the item: How much a pawn shop is going to offer you for anything, jewelry or otherwise, is going to be largely based off of what they can get for it if they have to resell it. If you’re going to go in with a realistic shot of borrowing money, you can’t ask full retail. You also need to know what you can about the piece so you look informed and don’t get hosed. Know everything from any stones or gems that come with the jewelry, the metals it’s composed with, and the size (if applicable). Also clean it up to make it look nice.

2) Do not get hostile over what you’re offered: A pawn shop usually has a set percentage they loan out on items, and it’s never full price for a used good on the secondary market. Often, you’ll get maybe half that since many stores just look to double their money. Jewelry will sometimes commend higher prices, and it doesn’t take up a lot of their space, so you might get more than half. Expect a little wiggle room if you don’t like their first offer, but remember the more you borrow, then the more you have to pay back in your loan. Also, getting emotional over an offer never works in your favor. Even if a piece of jewelry has sentimental or family value, that does not translate to market value and matters nothing to the pawn broker. He or she is only looking to make money, either off of your loan, or by reselling it if you don’t come back for it.

3) Take the terms and conditions seriously: Listen carefully to the terms and conditions they go over with you at the counter, and read all the paperwork they have you sign. Also pay attention to signage posted around the store for important details that you need to know. In most states and municipalities, there are very strict laws, rules, and regulations surrounding pawning items, so know your obligations and rights.

4) Don’t pawn something you don’t own: Most individuals will know this goes without saying, but be sure you actually own what you are pawning. Local law enforcement is always in touch with local pawn shops about people trying to offload stolen or improperly-gained items. Never do this yourself, as it is a crime. So is ‘borrowing’ something from a friend or family member when you assume they will notice it was missing, thinking you can buy it back and put it back before it escapes their attention.

5) Keep your pawn ticket safe: You’ll be given some form of documentation of your pawned item and loan. Never lose it. While many stores can look up items and let you make payments based on phone number or Social Security number, you might need the actual ticket in order to reclaim an item when the loan is fully paid off. If need be, make a copy of the documentation to carry around and put the original in your safe or safety deposit box. Remember that ticket is virtually as valuable as the item you pawned.

6) Make your payments on time: Your pawn loan will carry interest. In many states you’ll have a window of time (often 90 days) to pay off the loan term and reclaim your item. After that, you’ll likely have to make minimum installments to continue the loan. Failing to keep up with this means your item can wind up on a store shelf for public sale or listed online.

7) Be ready to pay the price: If you fail to keep up the loan and the day comes the item is going for sale, you might still be able to buy it back, but you’ll need to be prepared to pay the full market value for the item.

As mentioned earlier, there are many reasons why you might need to pawn off your jewelry in order to get some cash in your hands. If you ever face this situation yourself, use these 7 pawning jewelry goods tips if you wind up needing to do this for money. Hopefully, you’ll get the money you need and then pay the store back in time to get your possessions back into your own hands in no time at all.

March 13, 2017

Pawning Electrical Goods Tips

Unexpected expenses can throw a real kink in your budget. If you suddenly find yourself in a tight financial situation, you may want to consider selling your unused electronics to a pawn shop.

Pawning your valuables can be a quick, convenient way to get the money that you need exactly when you need it. Unlike selling items through classified ads, you don’t have to wait around for a buyer. Additionally, if you just need a short-term loan, you always have a chance to get your items back as long as you are willing to pay to recover them.

If you want to get the most money possible for your items, it is important to have a plan. Here are 7 pawning electrical goods tips that can help you maximize the amount of your loan:

1. Be realistic. Pawn shops are in the business of making money. Ultimately, they need to be able to mark the items that they buy from you up enough to make a profit on them if they wind up having to sell them.

Because of that, they probably won’t offer you anywhere close to their actual retail price. If you go into the process expecting to get the full value of your goods, you will be disappointed. Instead, understand that the pawn shops will only loan you a fraction of the amount that your items are actually worth. That is one of the costs of doing business with a pawn shop rather than selling the items on your own.

However, keep in mind that you don’t have to worry about finding a buyer and you can get guaranteed cash when you sell to a pawn shop. You may find that these trade-offs make the lower price worthwhile.

2. Make sure the items you are selling are in good condition. Pawn shops don’t want items that are dirty or broken. Clean everything up as much as possible before taking it in. A little bit of elbow grease can help you get a much higher price for your belongings.

3. Make sure you bring all of the accessories. Many electronic devices have additional accessories that go along with them such as cords or cases. You will generally get more money for your items if all of their accessories are included.

4. Don’t bother trying to pawn old or outdated items. When it comes to electronics, newer is always better. Most pawn shops won’t accept electronic devices that are extremely outdated. Usually, they only buy items that are currently in demand.

If you have a VCR from the early 1990s, you are going to have a hard time convincing a pawn shop to buy it from you. On the other hand, if you have a modern-day gaming system, you will stand a much better chance of getting a good payday.

5. Have an idea of the current value of your items. Before you head out to a pawn shop, spend a little bit of time researching the value of the items that you are planning on pawning. You can do this by looking up completed auctions on auction sites such as eBay or by checking the classified ads in your area. When you know the going rate for an item, you are in a much better position to negotiate.

Remember, you won’t be able to get the full price for your items if you are pawning them rather than selling them outright. However, by having a good grasp of the current retail price, you should be able to tell whether or not the pawn shop owner is trying to take advantage of you.

6. Be willing to haggle on the price. Out of all of the 7 pawning electrical goods tips, this one might be the most important. The pawn shop will most likely make a lowball offer for your items right out of the gate. You should counter with a higher amount of money to see if they are willing to bend. In most cases, you and the person behind the counter will eventually be able to reach an agreement on the price that benefits both of you. It should be low enough that the pawn shop can still make a profit but high enough that you aren’t getting ripped off.

7. Bring along proper identification. If you expect to get paid, you will need to present an acceptable form of identification to the pawn shop. Oftentimes, thieves attempt to unload stolen goods by pawning them at the local pawn shop. One of the ways that pawn shops protect themselves is by requiring a photo ID from anyone who wants to pawn items. That way, they have a record of who sold them the items in case they turn out to have been stolen.

Don’t be offended when they ask for your ID. Instead, understand that it is an important part of maintaining the integrity of their business and ensuring that all of the items that they purchase are being sold by their legitimate owners.

Using these 7 pawning electrical goods tips, you should be able to get the most money possible for your belongings. Paying a visit to a pawn shop can be a good way to get money in a hurry. It eliminates the need to find a buyer for your items on your own. Additionally, as long as you make your payments on time, you can always get your items back at a later date if you so desire.

February 22, 2017

Pawning Electrical Goods Tips You Should Know

Do you need a loan? Are you looking for a quick sale for your electronics? Well, you should think about visiting a pawn shop. Of course, exchanging electronics at a pawn shop for money can be quite hectic. That is why you need to know the best 7 pawning electrical goods tips for the best results.

The Best 7 Pawning Electrical Goods Tips

1.    Look For A Good Pawn Shop
Each pawn shop is completely different from the last. Some owners might be more understanding and willing to negotiate than others. Therefore, before walking into a pawnshop with your electronics, it is prudent to do a lot of research and find the best pawn shop in your area. For instance, you need to look for a pawn shop that specializes in selling electronics.

On the other hand, you can always find out the reputation of a particular pawn shop online by looking for previous customer reviews. What was their experience transacting with the pawn shop owner? Did they get a decent amount for the electronics they were looking to exchange? Finally, it is safer to choose a pawn shop that has been around for a while and operates at multiple locations. That way you can rest assured that you will get the best amount for any piece of electronic you are looking to pawn.

2.    Make Sure The Item Looks Good

Before walking into any pawn shop, you need to make sure that the piece of electronics you are looking to pawn off looks good. Beware, pawn shop owners, especially those that have been around for a while have seen a lot. Therefore, they can make a good distinction between treasure and junk. If there is any skepticism about a particular item, the price will drop drastically. Therefore, you can always clean your electronics before taking them to the shop to make sure they are looking good.
3.    The Item Should Work
One of the important 7 pawning electrical goods tips is that the item should be in a good working condition. If it does not work, it is simply a paper weight that will not get you any money at the pawn shop. Therefore, when you visit any pawn shop, you need to demonstrate that the item you are pawning off actually works. Of course, you should take time to show off all the features work and not simply turning it on or off.

4.    All The Parts Should Be Present
Most electronics come with a lot of parts such as remotes, cables and manuals. Therefore, when you are pawning off any item, all these items should be present. A pawn shop owner will most likely give you more money if you bring the item with all the extra parts than just the main component alone. You need to find these items to make sure you are getting the best price for your electronic item at the pawn shop.

5.    Do Your Due Diligence About The Item
Before handing over your valuable item to the pawn shop, you need to know the exact value you should expect. Be prepared for the pawn shop owner to cut the price as low as possible, so knowing the price beforehand will work well in your favor. You could get an appraisal from a professional before taking the electronics to the pawn shop. On the other hand, you can always go online and find out what is the exact price of the item you need to pawn off. That way, if the pawn shop owner tries to undercut you, there is a good chance to negotiate and get the best price for the item.

6.    Improve On Your Negotiation Skills

The best advice for dealing with any pawn shop owner is brushing off on your negotiation skills. As mentioned, the owner will give you the lowest price possible at first. Therefore, you need to know whether you can negotiate for a better deal or not. If you are a good negotiator, you should be able to come up with the right figure for the item you are pawning off. On the other hand, if you know the price of the item as well as the reputation of the pawn shop owner, you might be at an advantage.

If you are pawning off any piece of electronics that is rare, there is a good chance that the pawn shop owner wants it badly. Therefore, you can get more money for it if you do not give up too easily. Be ready to stand firm on your ground until you get the right price you were hoping for your item.

7.    Know When To Walk Away
Regardless of how bad you need to get rid of the item you are pawning off or how bad you need money right now, you should know when to walk away. For instance, does the pawn shop operate with questionable practices? Does the pawn shop owner give you a very low price? Are the terms of the transaction unfair? Well, if any of these situations happen, you have the right to walk away with your item and find another pawn shop.

Remember, if you feel the pawn shop owner is operating in unfair terms or doing business in unquestionable terms, you should always walk away regardless of what he/she might offer you. If your gut tells you to walk away, do it immediately without changing your mind.