Firearm FAQs

| April 18, 2017

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Lately I have fielded a lot of questions about pawning and selling firearms.  If you have an Federal Firearms License (FFL) or have been thinking about obtaining one, there are many things to know about the compliance requirements and how PawnMaster can help you manage them. For some shops, pawning, buying and selling firearms are a significant part of their business model, which comes along with many rules, procedures and paperwork. Therefore our PawnMaster software and support staff must stay current on the laws and best practices in order help to keep shops in compliance. 

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Signs Your Vendor is Floundering

| April 17, 2017

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The 2016 unrest in the market at the vendor level has spilled over into 2017.  Many have burned Plan A because they were forced to. This trend is continuing and even though our market is comprised of some very intuitive people we felt it important to tool them with even more solid information on how to spot inevitable vendor failure to avoid some of the recent pitfalls. 

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To Silver or not to Silver….

| April 12, 2017

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You: “So you would like to sell this Tiffany™ Silver necklace & bean. I can give you $25.”

Customer: “….but this silver bean was $250 and I just bought it six months ago in Vegas with my now exboyfriend at Tiffany’s in Caesars Forum Shops….”
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Have you had a conversation like the one above? Is it the reason you don’t buy silver? Or maybe it’s one of the reasons below…

  • You don’t want to “offend” your customers knowing silver quotes are low
  • Not sure what to pay for silver? How do I buy it right ?
  • Is it sterling and if so will it run actual 92.5 or will it run less – more like 90% or 89%
  • What about knife handles and blades and candle stick holders, how do I account for extra weight ?
  • How do I ship it ? It’s going to be heavy as heck and probably be expensive ?

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How to avoid getting flagged on Craigslist

| April 10, 2017

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What many people do not realize is that Craigslist is policed by its users, (not a team of moderators chosen by Craigslist). This means that users like you and I can flag any listing for any reason. One of the biggest reasons you may get flagged is reference to a listing on eBay, your eBay store, advertising that you sell things on eBay, etc. Craigslist users do not like the word eBay and will consider your listing spam. There are three flagging categories on Craigslist.

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91% Will Say Yes

| April 7, 2017

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Being in business over the years, we all have a very steady customer base of business and I’m certain we all have those customers that really stick out to us. Many people want to grow their business to ensure their income levels and increase their business valuation as the years go by. We can always count on that solid base of business, but to achieve these goals we may look for new business acquisition. Many of us invest in marketing, take our business to the internet, or pump up special promotions along with so many other outlets to drive new business. (more…)

What’s Your Favorite PawnMaster Feature? Kari Rinehart, Sales

| April 6, 2017

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We asked our employees what their favorite PawnMaster feature is, and why.  Here’s what they had to say:

Being at Data Age for 4 years, I have seen the wants and needs from our customers when it comes to add-on modules and services. The add-on’s we offer not only make work easier for our customers and their employees, but also help make their business more money. With that being said, my favorite service we offer would have to be Text Messaging and here’s why:

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Shipping scrap… it’s so easy

| April 5, 2017

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Working with your refiner has to be simple. Shipping scrap is easy, simple and it’s safe. There are pawnbrokers and Jewelers that have never shipped scrap and they’re weary of the process. Will it make it!? Is it insured? How do I get the label? Where do I take it?!  Etc… (more…)