sold house buyer wants to buy furniture how do i price ??

[4sure]

opinions please.

Sold my house to cash buyer (contracts being exchanged)....buyer wants to buy most of my furniture inc 50 inch plasma,dining table and chairs,beds, fridges ,washing machines,ocassional tables,pictures etc etc......how do i price it ?

Thanks.

[randlemarcus]

I'd suggest a price for each item that it will cost you to replace at the other end, totalled, then minus the removal costs. Then you raise or lower the price depending on your mood. He'll haggle, you'll counter etc etc

[4sure]

yes, but most of the stuff was bought for this house and i would like new furniture for the new place,but some quite prcey items.....nice to think we do not have to pay removal or storage charges, and we can start again...its finding the happy medium thats hard.

[jas xjr]

this happened to a friend of mine. buyer liked the way the house was furnished. so my friend added up the cost of each individual item and jus told the new buyer the price....they went for it.

[Simpo Two]

It's now secondhand, so you can't ask new prices. Depending on condition I'd take about 20% off - unless it's really mint and desirable.

[randlemarcus]

Simpo Two said:

It's now secondhand, so you can't ask new prices. Depending on condition I'd take about 20% off - unless it's really mint and desirable.

I'd disagree slightly. He's happy with the "look" of the stuff in situ, so that carries a premium. The OP obviously liked the stuff enough to buy it in the first place, so it carries a small sentimental premium, less the moving & storage costs.

Might as well start high, as its going to be a PITA to replace everything. If the gy wants to trade money for time, let him

[4sure]

Forgot to say buyer offered asking price ,with a view to (having a bit of a deal)with the contents.

[Simpo Two]

randlemarcus said:

I'd disagree slightly. He's happy with the "look" of the stuff in situ, so that carries a premium. The OP obviously liked the stuff enough to buy it in the first place, so it carries a small sentimental premium, less the moving & storage costs.

You must be a successful freezer salesman based at the North Pole

[hairyben]

4sure said:

Forgot to say buyer offered asking price ,with a view to (having a bit of a deal)with the contents.

Depends what "having a view" and "a bit of a deal" means to the two parties concerned. Two very different things I'd wager.

If you want shot of it anyway, and it's in pretty good nick, I'd say 40-50% of new value is a pretty good deal (for you).

It's easy to over value what is ultimately secondhand furniture.

[Lord Flathead]

Simpo Two said:

randlemarcus said:

I'd disagree slightly. He's happy with the "look" of the stuff in situ, so that carries a premium. The OP obviously liked the stuff enough to buy it in the first place, so it carries a small sentimental premium, less the moving & storage costs.

You must be a successful freezer salesman based at the North Pole

[Four Cofffee]

Lord Flathead said:

Simpo Two said:

randlemarcus said:

I'd disagree slightly. He's happy with the "look" of the stuff in situ, so that carries a premium. The OP obviously liked the stuff enough to buy it in the first place, so it carries a small sentimental premium, less the moving & storage costs.

You must be a successful freezer salesman based at the North Pole

Who would pay anything close to full value for second hand furniture? It fetcbhes next to nothing unless it is some designer kit you can't easily get. Just look on Fleabay.

I would price it up, deduct 25% for anything close to being brand new and 50% for the rest. Play hard ball and yoi could be stuck with it.

[HOGEPH]

Have to remember for items like second hand furniture, it's a buyer's market.

The aggro of moving/storing it is worth dropping a bit on the price. Ok, you have the aggro of buying new stuff, but it'll be new and will suit the new house.

[Shaolin]

What's it worth to you? Are you definitely going to replace it? What would you do with it otherwise? If I was definitely going to get rid I'd estimate a sale price via ebay and ask for about 50% more as a starting price. I think you should do each item individually as I'd guess you'll undervalue if you try to guess at an overall all-in price.

If you were going to keep any items, then do so. Our telly new at Christmas for instance is probably worth less than half what I paid for it 2nd hand, but why should I let anyone else have a bargain when it would cost me full price to replace?

I'm also of the view that such things as furniture that fits perfectly with the house only matters when you are first buying it. We have some stuff that doesn't fit probably with the rest of the house, but who cares, we don't notice it really. You miss stuff you don't have far more than you care about replacing something that does the job but isn't quite right.

[4sure]

Thanks for all your opinions.......deal done today,both parties happy,he particularly wanted my 50 inch plasma (12 month old)but did a walk round totting up values and then discounted the total....this suits us both and means we don,t have to pay removal and storage costs as we haven, decided on new place yet.

[randlemarcus]

4sure said:

Thanks for all your opinions.......deal done today,both parties happy,he particularly wanted my 50 inch plasma (12 month old)but did a walk round totting up values and then discounted the total....this suits us both and means we don,t have to pay removal and storage costs as we haven, decided on new place yet.

If you need a hand fitting out a cold store in Alaska, give me a shout

[4sure]

ok will do !