Owning an antique shop is a dream for many people. Antiques are exciting and beautiful ways to decorate a home, they often have unique and colorful stories. They can also be appreciated as valuable items by discerning collectors.
If you have an eye for what will look good on a shelf and are able to spot the hidden value in old furniture, you may want to start selling antiques for a living. But what does it take to be an antique dealer?
Read on to find out how you can become a reputable antique dealer and start an antique business.
Get to Know the Antique Market
If becoming an antique dealer is your goal, the first thing you should do is get to know the antique market. Learning the different types of antiques, their markings, and how to spot quality pieces is paramount. Familiarize yourself with local antique shops and go to antique festivals and fairs to mingle with those in the antique trade.
Research the prices of antiques to sharpen your skills in knowing what a fair asking price should be. Make connections with a variety of experts in the industry, such as auctioneers, appraisers, and sources of inventory.
Become knowledgeable in the antiques that interest you the most, as this will give you a competitive edge in the market. Lastly, learn the laws related to buying and selling antiques. Armed with these tools and savvy business skills, you are ready to become an antique dealer.
Know Where to Source Antique Goods
There are many places that can provide quality or rare antiques, depending on what you are looking to purchase. Start by searching online, where you can find online marketplaces, independent sellers, auctions, and classified ad websites.
Local stores such as antique shops or malls are another good source, and you can go to estate sales and flea markets when looking for antiques.
If you’re interested in a Chinese vase, for example, start by researching reputable suppliers. You should also meet the owners of the items you are buying. As an antique dealer, it is important to have sources from which to buy antiques.
Learn to Advertise Your Inventory
Antique dealers should be utilizing both traditional and modern methods of advertising to reach a wider audience. It’s also important to be consistent in your advertising and message. They should stay on top of trends, styles, and pricing to offer unique and valuable services while staying ahead in the market.
Adopt a marketing strategy and focus on targeted demographics to stand out from the crowd. Advertise your inventory and services, and be sure to be creative, interesting, and professional.
Becoming an Antique Dealer
By studying the industry and taking the necessary steps to begin your business, you can become an antique dealer. With dedication and passion, you can make antique dealing a lucrative and fulfilling career.
Start networking and become a part of the antique community. You’ll be surprised at how success can come your way.
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