The holidays are over, and now I bet you’re wondering how you’re going to pay off the bills for everything you purchased. This is the perfect time to start up a TagSellIt or eBay account, or just dust it off. Take some time to go through your house to see what you can sell. If you haven’t used something in a few months, it’s probably time to part with it. Understand that the longer you sit on things, the lower the value becomes. This rule clearly doesn’t apply to collectibles and antiques, but it does apply to electronics, clothing, appliances and other such items that are quickly dated.
If by chance you still have some money to spend, know that January is a great time to buy. If you’re selling, however, it’s not necessarily the best month – you’re not the only one scrambling to pay their bills! So when you’re loading your items oline, make sure you check for completed listing prices. Don’t go too far over any past values or you will simply be wasting your time. It’s great to have rare items, but no matter how rare it is, January is just not the best month to shoot for a higher price.
You also need to make sure you’re adding a good description and clear photos. You also want to make sure you’re promptly responding to questions. If you wait to long, the seller may go elsewhere, or simply lose interest. Finally, when your item sells, pack it up really well and ship it quickly. Fast shipping times almost always earn positive feedback, thus encouraging potentially buyers to choose your item over a different one.
Good luck! I hope everyone has a prosperous new year!
To learn more about Aaron LaPedis, visit www.thegaragesalemillionaire.com or contact him at [email protected].