Consigning in an auction house is a way to sell your antique furniture without the hassle of doing it yourself. The auction house will take care of all the details, and when you consign with them, they’ll do all the advertising for you.
Besides, they’ll take care of everything, from setting up a live event to photographing your antiques consignment, and even packing and shipping them for you. All you have to do is show up and make sure that you have enough items for the event.
Here are seven steps that’ll help you consign your antique furniture in the best way possible:
1. Find A Reputable Auction House
The first question to ask is this: what are your personal preferences? Do you want a large auction house with a wide variety of items, or would you prefer a smaller house specializing in antique furniture?
The second question to ask is: what’s the value of your items? If the value of your items is low, then you may be better off selling them through an online classified site. If the value of your items is high, then you may want to consider going through an auction house as they’ll have more experience in handling valuable pieces.
One way to find out which auction houses are reputable in your area is to contact local antique dealers and ask their recommendations. You can also check out the reviews on websites for specific auction houses and read about how satisfied customers were with their experiences.
2. Get An Estimate From The Auction House Of How Much They Think It Will Sell For
If you’re looking to sell your antique furniture, the first thing you need to do is get an estimate from the auction house of how much they think it’ll sell for. The auction house will look at the item and then provide you with an estimate. They’ll also provide you with a date when they can come to pick up your item.
It’d help if you also considered the condition of the furniture and its rarity. You should also consider these things when determining how much your antique furniture is worth.
3. Set Up An Appointment With The Auction House For Them To Come By And Take A Look At Your Items
You may be wondering how to get the best price for your items. One way is to have an auction house come by and look at them. The auction house will then determine the value of your items and provide you with a quote for the full service.
If you have antique furniture pieces you’re considering selling, it’s crucial to get an appraisal before listing them on an auction site. You want to make sure that they’re worth the price and can be sold for a profit.
If this is the case, it’s recommended that you set up an appointment with your local auction house. They’d come by and look at your items, and give you a quote on how much they’d be worth if they’re auctioned off.
4. Prepare Your Items For Transport And Make Sure They’re Insured If Necessary
Antique furniture is often expensive, and it’s not uncommon for people to want to insure their pieces.
The auction house will also provide insurance for the items that’ll be sold.
If you’re planning on selling your antique furniture, you need to make sure that it’s in good condition and cleaned correctly. You should also take photographs of the piece so that potential buyers can see what they’re getting.
5. Make Sure You Have All Of The Documentation Needed For Them
The consignor will need to provide a complete list of all consign items and any additional documentation that may be required.
Some auction houses require an in-person meeting before the consignment can be processed. The consignor should plan to be available for this meeting at least one day in advance. This meeting is an opportunity for the auction house to understand better what they’re dealing with and how they should price the items.
Auction houses will usually ask for a list of everything being consigned, including any paperwork or receipt that the seller may have provided. The auction house will also want to know whether or not there are special considerations when handling these items, such as if they’re fragile or not.
Consigning your collection to an auction house can earn you a good profit. By thoroughly understanding the auction process, you can quickly get things right. However, before you sign the consignment contract, ensure you’re satisfied with the stated deals and conditions. Don’t hesitate to get help if the need arises.