Bought a winner today!

Bought a winner today. A nice microfiber sectional with a chase lounge, a 50 and 60 inch projection tv, a king size sleigh bed in mint condition and 2 Bose sub woofers. Total cost $250...should be able to get $400 for the bed alone and my wife wants to keep the sectional so it couldn't have worked out better.

That's awesome! I saw 13 lockers today. 10 were crap... 9 in North Durham, NC.. aka "the hood" 4 in Clayton, which is lots of farm land, suburb type area. 3 pretty decent lockers, but there was a big crowd. 50 or so people.. bidding got too high for my liking. Bid on a locker with a couch and oversized chair with a mis-matched washer dryer (Whirlpool and GE) and a couple of side tables.. maybe 3 bins and a kids bike. I bid up to $350... gave up after that. Ended up going for $420.

Well, the couch turned out to be a partial loser. It needed repair but my wife really only wanted the chase lounge and the small part of the sectional, so it worked out fine. The big surprise was that the king size sleigh bed wasn't just your run of the mill bed. It's a super high quality, extremely ornate bed with claw feet. It needs a little touching up but should sell quickly. I'm having trouble pricing it because I can't find a used bed like it on on Craigslist . Most of the beds similar in quality are 2 grand and up new but that really doesn't help.

The other unexpected surprise was the 2 marble top night stands that match the bed. They were hiding behind the sofa and you couldn't see them in the photos. They are top quality as well. It took two of us to lift one night stand!    They were probably around $500 each when they were new. They should bring at least $400 for the pair.

Well, the couch turned out to be a partial loser. It needed repair but my wife really only wanted the chase lounge and the small part of the sectional, so it worked out fine. The big surprise was that the king size sleigh bed wasn't just your run of the mill bed. It's a super high quality, extremely ornate bed with claw feet. It needs a little touching up but should sell quickly. I'm having trouble pricing it because I can't find a used bed like it on on Craigslist . Most of the beds similar in quality are 2 grand and up new but that really doesn't help.

The other unexpected surprise was the 2 marble top night stands that match the bed. They were hiding behind the sofa and you couldn't see them in the photos. They are top quality as well. It took two of us to lift one night stand!    They were probably around $500 each when they were new. They should bring at least $400 for the pair.

I average about 30% of retail price on used furniture in my area on Craigslist so I would list it about $800, sell around $700. If I had a store, I would probably bump it up another 15%. I had a 4 piece set like you are talking about except bed was queen, 1 of heavy night stands, and dresser with mirror and chest of drawers. I think I sold the whole set for $1200, your results may very do to local economy.

I here the economy is real good in Texas, but I don't know if that helps you or not.

That's awesome! I saw 13 lockers today. 10 were crap... 9 in North Durham, NC.. aka "the hood" 4 in Clayton, which is lots of farm land, suburb type area. 3 pretty decent lockers, but there was a big crowd. 50 or so people.. bidding got too high for my liking. Bid on a locker with a couch and oversized chair with a mis-matched washer dryer (Whirlpool and GE) and a couple of side tables.. maybe 3 bins and a kids bike. I bid up to $350... gave up after that. Ended up going for $420.

This wasn't by chance ran by elite auctions was it? I'm from NC area and sounded like it might of been him and his over paying bidders.

This wasn't by chance ran by elite auctions was it? I'm from NC area and sounded like it might of been him and his over paying bidders.

No, not Elite Auctions. These were Millner Auctions. I did go to an Elite auction on Friday in Durham. Lots of people 40-50. I wouldn't say people overpaid, but paid more than I was willing to buy them for. Nothing outrageous. All the winners were auction regulars.. No noobs.