For most people, consignment produces a better sales amount. The downsids are that you don’t get your money right away and that you then have a relationship with the company that you are consigning to. You have to care whether they pay their bills, whether they are correctly marketing your stone, even whether they are still in business. If you’ve got a company, whether they call themselves a wholesaler, retailer or something else entirely that will work with you to sell your stone, that charges a reasonable fee and that has a sales strategy that actually results in a sale, everybody wins. I absolutely agree with the above advice that the contract is important but the real key is in the character of the people you are going into business with.
Consistent with Storm''s comments, modelling #18 would be interesting...
That may be a tad difficult but I’ll see what I can think up. My appraisal sessions tend to be very interactive with the client and each goes a little differently depending on the client’s requirements. In particular, providing a shopping procedure is a touchy topic for several reasons. First, you all do just fine without me in that area. There’s a standard PS shopping approach that works pretty well for almost everyone who comes here and sticks around for even a little while. You don’t need lessons from me and giving them would be overlaying my agenda over yours. I take the whole conflict of interest thing very seriously because I think that it undermines the value of the whole appraisal process if I end up telling people how and/or where I think they should shop.
The PS shopping pattern looks something like this.
For those who don’t want to read through that other post, the #18 that Ira comments on is from a list of questions I proposed to ask your appraiser. #18 is this:
#18. I’m paying XYZ for this stone along with the following attributes that I consider valuable. My criteria is ABC and my concerns are 123. If I continue to shop, am I reasonably likely to come closer to my requirements for a lower price?
Thoughtfully addressing that tends to be a Socratic type discussion of the client’s criteria and concerns more than a discussion of a particular diamond. People are really quite different and this is not really conducive to the one-to-many style of the webcam broadcasts.
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