Over the past decade, the amount of money spent on furniture by individuals in the United States has been increasing at a steady rate. In a recent survey conducted by Statista during which people were asked if they prefer new or used furniture, it was recorded that 50% of respondents preferred to buy furniture that is new whereas the other half preferred second-hand. Firstly, not everyone's budget allows them to buy new furniture; and secondly, some people do not prefer to buy new furniture again and again due to environmental concerns. These major factors have led to a growing secondary market for furniture worldwide; and as a result, there has been an increased demand for furniture liquidated pallets. Despite the misconception that these pallets contain furniture of poor quality, the truth is that many pallets contain top-notch quality and even branded furniture at highly discounted prices. There are a variety of options to buy liquidation pallets, but not all of them are worth all the time, effort, and money. Therefore, be sure to consider liquidation companies that have a strong reputation in the market and have good customer feedback.
Buying pallets of liquidated furniture is relatively easy. Once you register online and create a new account, simply browse through all the pallet options available and other items or features provided as well. This will help you in picking the pallet that is the perfect fit for your budget and needs. You'll most probably see a 'Buy It Now' or 'Add to Cart' button below the pallet in order to proceed with the order, add your details, and make the payment for your order. In some cases, furniture pallets are sold in the form of live auctions which often take place on the website at certain regular intervals or on specified dates. In cases of live auctions, it may be necessary to buy pallets from liquidation companies through a bidding process. Just like the previous steps, you'll need to register and create a new account; and then, when the auction goes live on the site, you'll just have to choose the pallet you wish to buy and then enter bids on it. Once the auction ends, you'll be notified whether or not your bid was successful at which time you will follow the same checkout process and complete the payment.
Most pallets generally consist of furniture which are typically customer returns and overstock. If you don't know which category of furniture should be buying, consider these categories of furniture that may be available on the websites of liquidation companies. Customer returns are the biggest category of furniture that you'll be able to see on the sites of most companies. Every year, thousands of customers return their bought furniture for several reasons such as wrong color or not meeting design expectations. Whatever the reason is, retailers often get rid of these customer returns by liquidating this furniture by the truckload to a reseller. It also happens that furniture manufacturers and wholesalers end up with excess inventory. It is then that they need to quickly get rid of them and generate quick cash, and so they often liquidate these pieces of furniture. As overstock furniture is typically branded or high quality this is in new condition, it generally has a relatively higher price than customer returns.