The Advantages of a Pawn Shop over Craigslist

August 11, 2020 - Pawn Resources

If you are thinking about making some quick money by selling some items around your house that you own, then a pawn shop and Craigslist are two of your best options. The reason why this is true is because pawn shops are always looking for items to buy and resell in their stores and Craigslist has many users who are interested in looking for good deals on the site.

However, despite the fact that it is possible to sell household items at pawn shops and on Craigslist, these two options are not equally valuable to sellers. In fact, pawn shops are a significantly better way to sell household items and there are many reasons why this is the case. In this blog, we will outline all of the most important advantages of a pawn shop over Craigslist.

1. Security

When it comes to security, pawn shops are the clear winner. This is because pawn shop transactions are done at pawn shops, with business owners and managers whose identities are known. Craigslist transactions, on the other hand, are frequently done in parking lots, alleyways, homes, and other such locations. Because Craigslist transactions are done in such locations and with people who often do not reveal their identities, they are significantly more dangerous.

In fact, over 100 murders and countless robberies have been linked to Craigslist. It is an unfortunate fact that Craigslist has become a haven for criminals looking to find innocent people to pray on. The simple fact that Craigslist transactions can be highly dangerous should be enough to convince you to sell your items to pawn shops instead. However, security is just one of the many advantages that pawn shops have over Craigslist.

2. Speed

When you bring your items to a pawn shop, the manager of the store will make you a cash offer right on the spot as long as your items are of high enough quality. However, when you use Craigslist, you will have to post an ad and wait for days, weeks, or even months in order to get someone to respond to your ad. In fact, you may even have to repost your ad several times before you can get someone to respond to it.

This means that it can take an extended amount of time to make money by selling your items on Craigslist. This is not ideal for people who are trying to get cash in their hands as fast as possible. If you fall into this category, then pawn shops are your best bet by far! When you use a pawn shop to sell your items, you can typically get cash in your hands within minutes of showing up to the pawn shop. This is ideal, especially if you need the money to pay for an urgent expense, such as rent, an electricity bill, a car repair, or something similar.

3. Convenience

Selling items to a pawn shop is extremely convenient. All that you have to do is simply go to the pawn shop and let the pawn shop manager make you an offer on your items. However, selling on Craigslist is highly inconvenient. This is because you will have to work around the buyer’s schedule. This could mean meeting them at a time that is very inconvenient to you, such as very early in the morning or very late at night.

Further, you will have to work around the buyer’s location and their willingness to travel to meet you somewhere. If the buyer lives far away and isn’t willing to travel far to meet you, then you could have to drive over an hour just to meet with him or her. This can be very frustrating. Oftentimes, the buyers will also decide not to buy your item once they see it in person, meaning you could do all of that driving for nothing.

4. The Option to Pawn

If you just need money quickly, but do not want to part ways with your money, then you can pawn your items at a pawn shop and get a quick loan. As long as you repay the money plus interest within the amount of time you agree to with the pawn shop (typically 30 days), then you will be able to get your item back.

This means that unlike Craigslist, pawn shops provide a way for you to easily secure a collateralized loan on very short notice. Being able to secure these kinds of loans quickly is a great thing for people who need money ASAP. If you find yourself in this situation, then you should strongly consider visiting a pawn shop and pawning a valuable item.

5. The Opportunity to Form a Long-Term Business Relationship

Pawn shops are constantly looking for items to buy. They buy a wide variety of items such as jewelry, musical instruments, clothing, electronics, coins, and more. This means that if you find a local pawn shop who pays you well for your items, that you can create a long-term business relationship with the shop.

Craigslist buyers, on the other hand, are usually just looking to buy one item. This means that establishing a long-term business relationship with Craigslist is extremely difficult. Consistent buyers are few and far between on Craigslist, and because many Craigslist buyers do not reveal their identities, it is extremely difficult to establish trust with them.

Using PawnGuru to Enhance the Pawn Shop Experience

By this point, it should be pretty clear that pawn shops are the better option when it comes to selling items for quick cash. However, even though pawn shops are the definitive winner, the pawn shop experience can be even better when you use PawnGuru.

PawnGuru is a platform that allows you to list items for sale. These items will be displayed to all of the local pawn shops in your area. The local pawn shops will then bid on your items. When you see an offer that you like, you can accept it. Then you just have to drive to the local pawn shop to complete the transaction. Within minutes of your arrival at the pawn shop, you will be able to exchange your item for cold hard cash that you can put right in your pocket!

PawnGuru allows you to get the best possible deals from pawn shops while eliminating all of the hassles of using Craigslist to try to sell items. Pawn shops by themselves are already significantly better than Craigslist, but when you add PawnGuru into the equation, it makes the argument for pawn shops even more compelling. PawnGuru doesn’t even charge fees to list items on the platform, which means you get access to the best possible pawn shop deals for free.

What Kinds of Items Can You Post on PawnGuru?

PawnGuru has 11 different categories for items that you can list on the site. These categories represent the most sought-after items by pawn shops across America. If you own an item in any of these categories, then it is almost guaranteed that a pawn shop near you will want it as long as the item is in at least decent condition.

Here are the item categories for PawnGuru:

Jewelry
Luxury Watches
Electronics
Tools or Equipment
Musical Instruments or Equipment
Vehicles
Guns
Antiques or Collectibles
Other
Clothing or Accessories
Handbags

Posting an item on PawnGuru is an extremely quick process and it can be done in minutes. Once your item is posted, you will start to receive offers from local pawn shops. This means that you will be able to receive cash in your hand the very same day that you make your post on PawnGuru.

Conclusion

Many people think that the best way to sell their household items is to use Craigslist. But, this simply isn’t true. Craigslist is dangerous, inefficient, slow, frustrating, and it can take a long time to complete the transaction and get your money. Craigslist makes it extremely easy for liars, scammers, and robbers to take advantage of you. Over 100 people have also been murdered during Craigslist transactions.

If you want to remain safe and avoid being scammed, robbed, or murdered, then selling your items through pawn shops is the best option. When you do business with a pawn shop, you know exactly who you are doing business with. You also get to do business in an actual shop as opposed to in a back alley or parking lot somewhere, or worse, in the home of a complete stranger.

If you have never done a transaction with a pawn shop before, you will be amazed at how smooth and efficient the process is. Thanks to PawnGuru, you will also be able to find the absolute best deals in your neighborhood. After you sell or pawn one item with the help of PawnGuru, you may just want to keep going! In fact, many of our users sell multiple items on our site. So, don’t put yourself through all of the hassles of Craigslist. Try PawnGuru and get cash today! to complete the transaction. It’s that easy!

David Stiebel
David Stiebel

David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.

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