Don’t have enough cash to spend on a special occasion or emergency? You have the option to sell your high-end possessions or get a loan from asset-based buying and lending businesses to make money fast in Phoenix, AZ.
Pawnshops and similar asset-based lending businesses are always looking for luxury items to invest in. However, one mistake that many people make during times of need is selling valuables on Craigslist or eBay. Here at Biltmore Loan and Jewelry, our team wholeheartedly believes that our business is the superior choice when it comes to selling valuables or seeking a loan.
Advantages of a Pawn Shop Over Craigslist
Here are the top five reasons a pawn shop is better than Craigslist:
- Faster service and monetary return
If and when you bring your items to a pawn shop, one of its staff members will make you a cash offer on the spot as long as your assets are authentic and of high-enough quality. On the other hand, if you use Craigslist, you need to post an ad and wait for several days, weeks, or even a full month (or longer) before a potential buyer responds to your post. This case is especially true if you will be selling a Louis Vuitton bag on Craigslist, as thousands of other ads will be competing with yours. Furthermore, you may need to repost your ad over and over again before someone responds to it. But even then, the buyer can change their mind.
The scenario above is not ideal if you need cash in your hands as quickly as possible. To cut the waiting time from days or weeks to a matter of minutes, Biltmore Loan and Jewelry is your best bet. When you sell your valuables or seek a loan from us, you can get cash in your hands within minutes of arriving at one of our locations.
- Safety and security
Businesses that offer upscale collateral lending and outright selling services win when it comes to security. Unlike on Craigslist, pawnshop transactions take place inside a physical store rather than online, a parking lot, or sometimes a dangerous alleyway. Plus, the name, appearance, and location of the person or business you will be working with is not anonymous. These factors are among the reasons why even the wealthy are using pawn shops to finance their business ideas.
- More convenient than most people believe
If you wish to sell an item to a pawn shop or apply for a collateral loan in Chandler, Arizona, all you need to do is bring your asset to a shop, then let the pawnbroker appraise it and make you an offer. Meanwhile, selling on Craigslist can be quite inconvenient since you must work around the buyer’s schedule. For example, a buyer may only be available to meet with you on a weekday when you have work, or make demands like you have to travel to them. And, after pulling some strings to make the sale happen, the buyer might change their mind about buying your item after seeing it in person.
- Pawn instead of sell if you are not ready to part with your item forever
Saying goodbye to your valuables is not the only option. Unlike Craigslist and eBay, asset-based lenders give you the option to pawn your items instead of selling them. As long as you pay back your loan plus interest, typically within 30 days, the pawnshop will return your item to you.
Check out the following articles for more information regarding this service:
- Form a long-term business relationship with your local pawnbroker
As mentioned earlier, pawn shops are always looking for valuable things to invest in. Rare United States coins, designer handbags, and diamonds are some of the many luxury items you can sell for fast cash. If you find a local business that consistently pays well for your possessions, then there is nothing stopping you from doing business with them again. And, you may begin to form a long-term business relationship with the personnel.
Craigslist buyers and sellers, in a handful of cases, only look to buy and sell one item. Therefore, establishing a long-term business relationship can be challenging. In addition, most people who buy and sell on Craigslist do not reveal their identities, making it impossible to establish trust.
Items to Pawn or Sell for Fast Cash in Scottsdale, AZ
Biltmore Loan and Jewelry buys or loans on most anything you own. If you own any of the items listed here and they are in good, excellent, or pristine condition—then it is almost certain that we will buy it or accept it as your collateral for a loan.
The Bottom Line
Many people think that the best and only way to sell their valuables is through Craigslist. The truth, however, is that although Craigslist is a useful platform that gives buyers and sellers many opportunities, it can also be dangerous, frustrating, and inefficient. Aside from taking too long to complete a transaction, Craigslist’s current terms and processes make it too easy for scammers and thieves (as well as murderers) to take advantage of those in need of money.
If you wish to remain safe and avoid scammers, then selling your valuables to pawn shops is the better option.
Biltmore Loan is not a pawn shop—we are something far better
Biltmore Loan and Jewelry leads in providing the ultimate upscale collateral lending and outright selling experience in Phoenix, AZ. Allows us to give you the best possible return for your luxury assets while eliminating the hassle of using Craigslist. To request a free market appraisal, you can complete this online form or call us at 480-991-5626 (Scottsdale office) and 480-705-5626 (Chandler office).