Correct, a pawn shop will give you a small fraction of it's open-market value. Some music stores will sell used guitars on consignment taking 10-20% of the sale, but Washburn is not a high-demand instrument so it's doubtful any would take up store space for it. eBay or CraigsList is about the only viable option.

I need advice of where I should sell it. We have many pawn shops here where I live but I'm not thinking that they will give me how much I want. Are there any other places I could take it?