Reselling Antique Furniture

DAY 11

So - this was by far my favorite purchase .. I was really sad to let it go.  It's always a good idea to buy things that you wouldn't mind having in your own house.  Unfortunately, this lends itself well to keeping/hoarding things as they pass through the queue.  This is dangerous.

Anyway - I ended up finding this antique dresser from a nice lady as a multi-item.  I ended up buying three of her items (I will write about those in later posts) I loved this dresser and so did a lot of other people too - although I was first to respond so it was MINE.  Luke asked me the other day how I find these good deals since when he looks it's always just junk.  Well, you have to be consistent and scan often.. if you can catch something within say the first 30 minutes or 20 or so views - you are usually golden.



She ended up effectively selling this to me for $15 (lumped in with a lot of other stuff - people lose track of what they actually sold an item for - isn't it grand?)

Basically - I cleaned it, touched up the paint, went to Home Depot and bought a pack of brushed nickel knobs for $15, removed the horrible paper drawer liners, and then hubby waxed the drawers so they slid easier et.. voila!

I listed it in within one day for $70.  This REALLY confused one buyer who had missed out on the first listing.  They e-mailed me and wondered why I hadn't responded to their first e-mail of interest and why the price had jumped substantially. :)

Usually this isn't an issue as there are a lot of different buyers who rarely see all the items available for sale (you'd have to be someone like me to see duplicate items, re-lists, etc.)  By the way - re-listing your own items twice is BAD.. and against the rules.  Obviously everyone wants to have the newest ad on page 1 but if you read the fine print of these ad sites, you cannot have a duplicate ad.  Some people do it anyway - at least try and change it up a little if you are going to cheat!

We ended up selling AND delivering this piece to a lovely same-sex couple in Orleans.  :)  I did explain that I was not interested in delivery due to the issue stated in my last post BUT made an exception in this case and crossed my fingers.  No problems though - full price payment - no complaints - they loved it - happy ending for all.

SUMMARY

Purchased: $15
Modifications: $10.17 (didn't use all the knobs)
Sold: $70
Profit: $44.83