Office Liquidations

There is still an excessive amount of used office furniture on the market. Because of this, unfortunately used furniture values are still low.  It comes down to supply and demand.  New office furniture from vendors like Steelcase, Herman Miller, Knoll, Haworth, can hold some value if the furniture is less than 5 years old. Older office furniture depending upon what may hold value. Workplace Partners works with 100 nonprofits to keep furniture out of the landfill. But unfortunately not all furniture will be kept out of the landfill.

 

When appraising used furniture Workplace Partners takes the following into consideration- 

 

1- How old is your office furniture? This includes condition and colors.

 

2-  What would the furniture be worth if it was sold to an end user. Typically used office furniture retail value is 35% of the cost of new.

 

3- Does the furniture have to be removed immediately or can the furniture be sold over time directly out of the building.

 

4-  What are the removal costs associated with removal of the office furniture? Is the furniture located on the first or second floor, is there elevator access, how far is the push, can the furniture be removed during normal business hours.

 

5- What is the actual retail value of the office furniture? An example of this would be the furniture being purchased for $10,000.00 and has a retail value of $3,500.00. If the furniture needs to be removed immediately then what are the labor costs associated with removal. What is the probability of selling the furniture directly out of the building versus removal, storage, setup, selling, etc.  

 

Workplace Partners provides clients with free appraisals for furniture liquidation. Our honest approach gives our clients a solid understanding of how we make business decisions on used office furniture inventory. We want to do what is fair and build long lasting relationships.