Tips for finding the best pawn shops in Melbourne


Pawnshops are everywhere these days. There are sales people trying to get your attention with TV ads and then there are online advertisers and unsolicited messages flowing into your emails and of course the large neon signs. There is no shortage of people who “Want Your Gold” and pawn shops are a dime a dozen. So how do you choose that one special place that has all the answered? Here are some tips to help you make the right choice when it comes to pawn shops.

#1. Compile a list of reputable pawn shops around

Finding a local pawn store in your area might seem easy. You may only need to take a short ride downtown. You could be faced with a choice of more than one or two stores, especially in a city like Melbourne. First things first, find out how long they have been in business. Do they have deep ties with the community? Are they considered honest and reliable?

#2. Check out any reviews or references made about the shop. The internet has made it easy for anyone to find customer reviews. It should be as easy as Googling them. Most ratings are expressed in either stars or percentages. Don’t just look at those and skip over the actual reviews. This way you will also learn about the store and whatever it could be lacking. This way you will know whether its worth a visit or not.

  1. Check if they are operating lawfully

Any pawn shop Melbourne must be licensed and comply with the laws of the state. Who should it be licensed with? What does that mean to you, the customer? It’s like having a car or anything of value, you need insurance coverage in case your items are stolen or damaged. You should insist on reassurance because life happens and you need cover.

  1. Customer Service Is Important

Customer service extends beyond a welcoming smile and friendly environment. It should be enshrined in the company policy and a good pawn shop Melbourne that is open about those policies will generally tend to be less deceitful when it comes to pawn shop loans or sales.

Look for a business with friendly and helpful staff who can answer any question you may have. A business like that puts emphasis on the experience rather than getting you to commit.

Finding a suitable Pawn Shop for You

Finding someone who will buy your gold or deciding amongst a myriad of pawn brokers who give loans out or buy items to resell does not have to be rocket science. A little research goes a long way. If you know the pawn broker’s reputation and you know what your items are worth, then you will know how far you can go in pushing the deal to be more favourable for you.

The internet has also changed our perception of local. The world is more connected than ever before which expands the reach that most businesses have. Take that into consideration as well as you find the best place that will give you the best deal.