
Appraisal is an advantage for your vintage or secondhand shop. Tina Hamlin, owner of Coast Consignment, shares how to turn your expert eye into a new revenue stream
Pricing is arguably the most subjective and stressful part of the resale business.
Spotting a potential treasure is one thing, but how do you quickly assess if the margin is actually there? And once you have it, how do you explain to a customer why a piece is priced the way it is, especially when they are convinced their family heirloom is worth a fortune?
In this Q&A session, we brought in a heavy hitter: Tina Hamlin, president of Coast Consignment and a Certified Personal Property Appraiser with over 25 years of experience.
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Tina explores the professional science of valuation with our members. We dig into the crucial nuance between insurance value and fair market value (and why they rarely match), strategies for handling the emotional side of selling for clients and the reality of what it takes to get certified as a CPPA.
Whether you are looking to add a layer of credibility or a new revenue stream to your business, or you just want to sharpen your eye for sourcing, this session bridges the gap between an educated guess and a professional assessment and shares how to get there.
Watch the replay below:
Have something to add, or a question? Let us know in the comments!
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