Piano Guidance
Piano Guidance
Photo: Quang Nguyen Vinh
There are several ways to go about selling a piano, but in my experience some approaches yield better results than others. You may have already considered online classifieds like Craigslist, Offer Up, Facebook Marketplace or the possibility of consigning or selling to a piano store.
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Read More »What is the best way to sell a used piano? There are several ways to go about selling a piano, but in my experience some approaches yield better results than others. You may have already considered online classifieds like Craigslist, Offer Up, Facebook Marketplace or the possibility of consigning or selling to a piano store. These are all viable options, and they all have pros and cons, so we’ll go over the methods that I have found to be the most beneficial, and hopefully this will help you decide which option is best for you. I should probably also mention here that I purchase pianos both in the Seattle, Washington area as well as the entire western portion of the United States, so please consider selling your piano to me when deciding which route is best for you :) What is your piano worth? - How to determine the value of your piano. This is a bit of a loaded question, and there is an element of subjectivity to it, but the first thing you’ll need to establish is the price you are going to aim to sell your piano for. There are several factors that weigh in when trying to determine the resale value of a piano. The value of a specific piano model can vary dramatically depending on the condition of the piano, the finish of the piano or even the region of the country that the piano is located. There are two ways that are most helpful in getting an accurate estimate on piano value, Consulting with a local piano dealer Hiring a local piano tuner With newer pianos (20 years and newer) it’s a little more straight forward to determine resale value than with vintage or antique pianos. If you have a piano that is on the newer side of the equation, call your local piano dealer and ask what they think the piano would be worth on the private market. If you approach your conversation with the store casually and politely, and let them know upfront that you are hoping to sell the piano on the private market and would like to know their opinion of private market value, they will probably give you a fairly honest and accurate answer. During this phone call you can also ask what sort of ballpark price they might be willing to purchase or consign the piano from you at. It would probably be a good idea to call a second or even a third dealer to make sure you’re getting a fairly accurate consensus. Another helpful route in determining the value of your piano would be to have a piano tuner / technician come out to appraise the piano. This will be a service that you will need to pay for, and the going rate varies depending on the tuner you are working with, and whether you would like a verbal or written appraisal. Working with piano tuners in assigning value can be a little tricky. Sometimes tuners can be very familiar with working on pianos, but a little less familiar with retail values. Finding a tuner that works with a local dealer or sells pianos themselves might be helpful. You’ll also need to be clear when working with the tuner that you are hoping for the resale value of the piano, not just the insurance value. The insurance replacement value of the piano will likely be much higher than the actual resale value. With a typical appraisal service, you’ll also be informed of exactly what sort of mechanical condition your piano is in. If you opt for a written appraisal, this will help you substantially in justifying your asking price to prospective buyers, and it will give your buyers more confidence in purchasing your piano.
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Read More »We went over a few options in the intro of this post, but the most common and most successful ways of selling a piano would be either to sell the piano yourself from your home or venue by advertising on an online classifieds site or by working with a local piano dealer. Both options have their unique benefits, but the option best for you will depend on where you see the most value.
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