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Buying items to resell on ebay

February 14th, 2009 at 06:48 pm

It has been quite a while since I bought items specifically to resell. Since I'm back doing ebay regularly, I've started looking out for stuff that can be resold.

We're on vacation in Maryland this weekend and went to a local outlet mall tonight. In one store, I saw an item that I know is fairly popular. Original price was $24.50. It was on sale for $5.99. Then a store employee pointed out to me that all items with red tags were an additional 40% off. That made this item just $3.59, about 86% off original price. That made it an offer I couldn't pass up. They had 3 remaining so I bought all 3.

When we got back to the hotel, I looked the item up on ebay. One auction for this item ended today for over $26.00, and a few others have sold recently for over $20 each, so it looks like I made a good buy. I spent $11.43 for all 3 of them. If I can sell them for $20 each I'll make a nice profit, even after all fees are accounted for.

I didn't get to list one tonight. I do have my camera with me so I may list one tomorrow. I'll report my results when I do auction one.

3 Responses to “Buying items to resell on ebay”

  1. boomeyers Says:

    Great job treasure hunting! I can't wait till garage sale season starts!

  2. snoopycool Says:

    I have often had success doing this very same thing. One time I purchased something for 14-cents at K-Mart and resold it for $26. That was the best I ever did on buying and reselling.

  3. North Georgia Gal Says:

    That is awesome!!!

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