Skip to main content
  1. News
  2. Business & Finance
  3. Personal Finance

Selling at a pawn shop

See also

Selling your goods to a pawn shop can be very beneficial to you if you understand how to do so. Therefore, here are some things you should know about offering your possessions to a pawn broker for some money.

Getting paid for your stuff

Pawn brokers are looking to buy your used or unwanted electronics, jewelry, hardware, and appliances that are still in good condition. However, you should not expect to receive what you initially paid for the item.

Cash or loan

You can sell your items for cash or loans from the pawn shop. The amount of cash or amount of money you can borrow for a loan is dependent upon the value of your trade.

Negotiating and selling tips

Before you go to sell your goods, know how much they originally cost and their current market price. This is important as the pawn broker will only offer you a percentage of the item’s lowest average selling price.

Know how much money you are willing to accept for your items. However, be humble enough to accept the possibility of not getting the offer you desire.

Lastly, if you are offered more money than you initially wanted, do not waste your time trying to get more. However, do not show your satisfaction for the offer too soon. You do not want the pawn broker to change their mind and offer you less. Instead, take the offer and tell the pawn broker, “Thank you.” Then, let them know how much their willingness to help you means to you.

Advertisement

News

  • Mt. Everest avalanche
    Disaster strikes Mt. Everest as at least 12 people were killed in an avalanche
    Video
    Watch Video
  • Most Earthlike planet discovered
    The Kepler telescope has discovered the most Earthlike, possibly habitable planet yet
    Space News
  • Easter crosses create debate
    Easter crosses spark a debate of separation of church and state in Ohio
    Headlines
  • Chelsea Clinton is preggers
    Former first daughter Chelsea Clinton is pregnant with her first child
    Headlines
  • Stanley Cup playoffs
    The battle for Lord Stanley's Cup is on, don't miss a minute of playoff action
    Sports
  • Ukraine discussed amongst U.S., E.U., Russia
    The U.S., E.U. and Russia agree on ways to diffuse the tension in Ukraine
    Video
    Watch Video

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!