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Ebay update 3/13/22

March 13th, 2022 at 11:59 pm

I've been a collectibles dealer since 1986 and an ebay seller since 1997 but was relatively dormant for many years as work and life kept me busy with other things. It's been my plan all along for my retirement "job" to be getting back to my collectibles business. I started selling again toward the end of the summer with a lot of the stuff I got when I cleaned out my cousin's house, and I've moved on to a lot of the stuff we already had that needed to be sold.

My 90-day running sales total is currently $1,364.61 and $958.30 YTD.

My goal for now, while I'm still working, is to earn at least $200/mo. after expenses. Right now I'm at $687.89 YTD so already ahead of my goal.

Something I didn't really think I would do quite yet was to start buying items to resell again, but I've gone down that road, too. In the past 3 weeks, I've gone to several estate sales. I struck out at some but did buy several items at others. So far, I've bought 7 items and already sold 4 of them, so not a bad track record in a short time. I'm hoping that once yard sale season gets going, I'll find more merchandise at better prices as the estate sales tend to be more costly. I think some of those organizers price the stuff based on  the highest prices they see on ebay. Great if they can get it, but I certainly can't pay full retail price if I want to resell the stuff.

That's all for now. I'll update periodically with my progress. If you're an ebay seller too, I'd love to hear how you're making out.

3 Responses to “Ebay update 3/13/22”

  1. disneysteve Says:
    1647217989

    Yeah, it's something I've always really enjoyed. Years ago, we also used to sell at in-person collectibles shows. Those were a lot of work but also a lot of fun. We made a lot of friends over the years among the other dealers. But ebay pretty much destroyed the in-person show business. Why bust your butt loading and unloading and displaying when you can just sit at home and reach millions of people around the world instead of the couple thousand that might come to a show? It's a shame but, to be fair, I make far more money online that I made at the shows.

  2. CB in the City Says:
    1647288734

    I have had a couple of stints running an antiques/collectibles booth, and I have done a little selling on eBay. I never made much money at either -- a few exciting, lucky sales, but overall it just wasn't worth it to me. I probably didn't have the same quality of merchandise that you are selling.

  3. disneysteve Says:
    1647362970

    CB, it's really about getting stuff cheap. That's gotten harder and harder to do because of ebay and smartphones. I was just in Goodwill today. That used to be a good source years ago, but now their prices rival those on ebay. Occasionally you can snag something on a half price day and be able to make some money but most of the time not.

    With estate sales, I'm learning that the key might be going back on the final day of a 2 or 3 day sale when they mark things down and are more open to haggling.

    LifeBalance, absolutely! I've said this for years. I will not be that guy who doesn't know what to do with himself when he stops working.

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