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In the world of secondhand, haggling is a sport. Suit up and get to practice or you could miss out on that one-of-a-kind find. Here are three tips to haggle like best of them. Whether you’re at a flea market or shopping resale online, these tips will help you walk away with a great deal and huge savings.
Mind Your Manners
You’re always likely to get more with honey than with vinegar. A friendly smile and demeanor will go far in appealing to a seller. If they see you as more than just a one-time buyer, they’re likely to lower prices or share prized finds with you. Remember that rudeness to a seller could cost you more than the sale in the moment. Vendors might remember you the next time and warn other sellers about you.
Don’t Ask for the Best Price
Most resale vendors online and at flea markets have inflated prices to account for haggling. When The Consumerist interviewed vendors at the Brooklyn Flea Market, they said 20 percent to 25 percent off is expected. If you’re in the mood to haggle, don’t ask what their best price is and then try to get it lowered. Continuing to negotiate after getting the vendor’s best price in good faith could backfire and bump you out of a great price.
Assess the Seller’s Situation
They say flea market vendors at the end of the day are always more willing to lower prices. This is true when it comes to large, heavy furniture. Vendors don’t want to reload the truck and cart it all away. When negotiating with a seller, working with their situation can save you money. If it’s a moving sale, you’ll gain by purchasing in bulk. They’ll be grateful for unloading their wares on you. If a vendor has an item listed for a while online, they might be more willing to knock down the price a bit if you pick it up right away. You’ll come out on top if you match your price to the vendor’s selling situation.
Tell us in the forums what are your best negotiating tactics!