tag:blogger.com,1999:blog-9087940973013594269.post4359676464362557989..comments2024-03-28T20:41:08.251-05:00Comments on Mid2Mod: Pay what?!?!?Dana@Mid2Modhttp://www.blogger.com/profile/03055460107477850683noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-9087940973013594269.post-2311391108813596012013-05-19T19:43:25.746-05:002013-05-19T19:43:25.746-05:00Hi Dana. I really appreciate pieces like this whic...Hi Dana. I really appreciate pieces like this which you post. As you know I am always looking for good pieces and researching prices so it is helpful to get any bit of advice. I have appreciated that you and your SIL have been willing to help me from time to time too. When I was in Vegas during January I was stunned at what I felt were very reasonable prices compared to what I see in Southern Cal. The shop owners told me that they frequently get the opposite feedback! It is location, location, location for sure.Anonymoushttps://www.blogger.com/profile/03635768533679313199noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-19481563155343478012013-05-16T23:55:57.035-05:002013-05-16T23:55:57.035-05:00Even if you sell in a modestly priced market, if y...Even if you sell in a modestly priced market, if you find an extremely valuable piece, you can't be expected to give it away. For that reason, it pays to have a network of dealer friends you can work with to move high dollar pieces you probably can't sell to your customer base. When one of those comes along at a price you can't pass up, it's nice to know people who can help you turn them around quickly. The money is out there; having the ability to reach those customers is an entirely different thing.Dana@Mid2Modhttps://www.blogger.com/profile/03055460107477850683noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-74685410572423418802013-05-16T21:39:00.234-05:002013-05-16T21:39:00.234-05:00I really appreciate this particular post. As a dea...I really appreciate this particular post. As a dealer in a modestly priced market I have some customers flinch at the pricing on some of what I have available. They are priced that way for a reason and I have tons of stuff that is way more reasonably priced for just the same reason. Mass produced, not partucularly rare but still in good to excellent condition. All these factors I always take into account when priceing not matter what I had to pay or rehab them. I can't re-order these and in the store they are one of a kind unless I happen to stumble across another!A Modern Linehttps://www.blogger.com/profile/11395561465612953307noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-35822837773303846122013-05-16T16:34:48.880-05:002013-05-16T16:34:48.880-05:00They do sorta burn an imprint on your brain, don&#...They do sorta burn an imprint on your brain, don't they?Dana@Mid2Modhttps://www.blogger.com/profile/03055460107477850683noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-59648600449958788522013-05-16T16:34:25.124-05:002013-05-16T16:34:25.124-05:00Maybe we need to explore the Australian market mor...Maybe we need to explore the Australian market more! :)Dana@Mid2Modhttps://www.blogger.com/profile/03055460107477850683noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-55488541985811560102013-05-16T16:31:34.890-05:002013-05-16T16:31:34.890-05:00My SIL was a data analyst before he quit his 8-5 t...My SIL was a data analyst before he quit his 8-5 to open the store, so he's our numbers guy. He keeps up with the sales figures at all the major auction houses, as well as our own statistics. He can tell you tell you when most of our sales are made, right down to the day of the week and the hour of the day.Dana@Mid2Modhttps://www.blogger.com/profile/03055460107477850683noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-73356174760050722632013-05-16T16:25:32.256-05:002013-05-16T16:25:32.256-05:00You're so right that you have to know your mar...You're so right that you have to know your market, and that's part of the demand factor. If you've outpriced your market, there will be zero demand. If that's the case, you either lower your price or expand your market.<br /><br />That's why we sell on V&M and are moving to the Design District. :)Dana@Mid2Modhttps://www.blogger.com/profile/03055460107477850683noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-25866032354300874312013-05-16T16:20:15.244-05:002013-05-16T16:20:15.244-05:00Ray, I agree. Arbitrary pricing is also confusing ...Ray, I agree. Arbitrary pricing is also confusing to potential sellers who inherited a piece from Aunt Martha and have no idea what to ask for it. I just exchanged emails the other day with a man who has a Nanna Ditzel chair for sale. He's seen it priced online from $1400 to $20,000 and is naturally confused. Of course, he hopes he has the $20,000 variety...but chances are that its retail value is at the other end of the scale, and a dealer is going to offer him considerably less than $1400. It's no wonder that he'll be insulted, because he's got $20,000 stars in his eyes.Dana@Mid2Modhttps://www.blogger.com/profile/03055460107477850683noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-75555094080389346132013-05-16T15:11:20.348-05:002013-05-16T15:11:20.348-05:00Very much appreciate this informative post, thanks...Very much appreciate this informative post, thanks. Now if only I can shut out those two STUNNING desks from my mind.Ton S. https://www.blogger.com/profile/10691201724230891974noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-24730181593446826062013-05-16T06:13:25.796-05:002013-05-16T06:13:25.796-05:00Very informative Dana. I've enjoyed reading ab...Very informative Dana. I've enjoyed reading about the Borax furniture too. Those mid-century desks are still a lot cheaper than what you pay here. Desks are soooo expensive. xxbrismodhttps://www.blogger.com/profile/18169335258762403261noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-23779496741846022502013-05-16T01:39:26.864-05:002013-05-16T01:39:26.864-05:00Very thoughtful post Dana, no wonder you and your ...Very thoughtful post Dana, no wonder you and your family are so good at this. The Crankyhttps://www.blogger.com/profile/11482237436135513483noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-37698199769576156212013-05-16T01:38:24.249-05:002013-05-16T01:38:24.249-05:00Hi Dana,
You maybe forgot three very important fa...Hi Dana,<br /><br />You maybe forgot three very important factors: Location, Location and (er...what was the last one? Oh right..) Location. Selling that rosewood desk locally in Topeka KS? Good luck finding a buyer at $6000. In New York or LA? It probably wouldn't get snatched right up, but you wouldn't get snickered at either and you'd probably accept an offer not too far off that.<br /><br />Know your market.Mr. Modtomichttps://www.blogger.com/profile/16804031065414619749noreply@blogger.comtag:blogger.com,1999:blog-9087940973013594269.post-11357259620254933272013-05-16T01:31:59.134-05:002013-05-16T01:31:59.134-05:00Very well put Dana! It annoys me so much when peop...Very well put Dana! It annoys me so much when people dont go to the bother of researching an item and often sell either for well below its real value which often confuses potential buyer, or way above its value which really puts people off :) Ray G https://www.blogger.com/profile/10671004249799731632noreply@blogger.com