When you think about pawn shops, it’s likely that the first image that comes to mind is the Gold and Silver Pawn Shop that serves as the backdrop for the History Channel reality show “Pawn Stars.” These pawnshops are nearly ubiquitous around Las Vegas with more than 60 of them in the Valley. Yet one pawnbroker is changing the perception of the industry by offering luxury items at very competitive prices. That pawnbroker is Michael Mack, President of Max Pawn Luxury and fourth generation pawn broker. His company bucks preconceived notions of what a pawn shop is by focusing on the customer first. Find out www.capreit.ca
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Mack’s company sells handbags, jewelry, watches and other luxury merchandise to the public as well as offers short-term loans with competitive interest rates for customers who need cash fast. He says the key to his success lies in creating a strong relationship with customers and offering fair deals. In addition to building relationships with customers, the company also verifies merchandise before it is sold or given as a loan. Prior to implementing the Entrupy verification technology, the team used to go through a ten-step process of assessing and testing the authenticity of luxury items before reselling them or giving them as a loan.…
