Friday, June 3, 2011

Buy & Sell - Tips To Saving Thousands on Everyday Items

by Daryl Cesal
Ebay – a.k.a the “Online Garage Sale”
If you need it, eBay has it and more than likely the product is brand new and could be listed up to 75% off.  This is not for all items, sometimes the discount isn’t that great so the best thing to do is to go to and search for the item.  The way eBay works, is a private seller uses eBay’s website and lists their item.  If it is listed in an auction, you can view the item and see how much it is going for and when the time ends.  To forecast how much you think the item is going to go for, search for the item, click on the drop down menu on the right that says “best match” and select “time ending soonest”.  If you are lucky, you will see a bunch of the items you want and will be able to gauge on how much it is going to sell for.   Make sure you look at the listing carefully and see all of the details, i.e… shipping price, checking  the sellers feedback rating, etc….

Craigslist – “Your best classified advertising service”
 Probably the best way to buy anything used period.  Craigslist a free classified advertising service for ANYONE to use!  It is so simple to list anything on this site it makes you wonder how makes any money (because there is no advertising on this site).  The seller lists their item and the website works just like any classified ad you ever saw in the newspaper.   It is so amazingly simple and very profitable to the buyer and seller.   When searching, make sure you type in the item, click search then click “title only” in the upper right hand corner.  If you do not do this, it will pull up all listings.  I recently read a story on-line how craigslist is completely decimating the want ad market, and it makes sense.  You list at home for free and for the buyer their product is just a click away.  They allow you to include up to 4 pictures, once again all for free.   If you need anything from furniture to a blender, it is on this site and is very local/close to your home and the best part—NEGOTIABLE!  Once you start on this site, it is addictive and you will almost feel guilty going to the store to buy anything except for food items.  Example on craigslist--- kitchen table with chairs, paid over $400, sell for $100, moving.  You then contact the customer and offer them $50 and go from there.  If successful, you just saved over 75% for making a phone call.  Same goes with selling.  If you have to sell an item, upload the pictures with your digital camera or cell phone, post the listing and voila!  Let the sales commence… Important--- watch out for scams as craigslist is known for a lot of them.  If it looks too good to be true (very cheap car, someone asking you to call them even though you left your # on the listing, schemes about being out of country and needing daycare service, etc…) it is too good to be true.  Use your best judgment on all of these and let the savings commence! 

Garage Sales – “The Saturday Morning Assault”
There are so many opportunities at garage sales it is not even funny.  Most people have a garage sale to get rid of junk, unwanted items, things to clear out the house and make some quick cash.  This is another huge opportunity to make money.  Buying and selling from garage sales is not that uncommon nowadays as you can buy an item for cheap (always offer them ½ their asking price) and sell on craigslist or eBay for 500% more.  Example, I bought a set of golf clubs from a garage sale for 7.50 last week.  Took the clubs and turned over $100 profit from selling on eBay and craigslist.  All it cost me was the ebay fees (listing fee and 5% of the sale price) and gas to either drop off the item at the individual’s house or at the post office.  I recommend when getting started to have someone positioned at your personal computer and if you think it is a good deal, have them look it up on eBay or craigslist and make sure the item has bids (make sure you select “time ending soonest”).  If so, offer them half price and away you go!  Oh BTW—as I was typing this, I received a call from a buyer for something I bought at a garage sale for $3 and he’ll be at my house this afternoon to buy it for $25.  It works, it works, it works!!!!  Remember, every garage sale does not have treasures; you just have to look hard and find that “diamond in the rough”.   Keys to a successful deal at a garage sale, establish rapport with the seller upon arrival, find the item and deal away… tons of fun too!!!!

Coupons -  “2 for 1”
Do you like to go out to eat at Outback, Chilis, and other name brand restaurants?  First always go during happy hour, drinks are half price and you do not have to wait in line.  But, if this is a special occasion and you have to go out at 7PM on a Friday night no biggie.  Go to the website of the restaurant you plan on eating at and see if they have any deals for free appetizers or an anniversary dinner.  They will require you to sign up for an email newsletter and voila, you’ll receive a coupon for buy one get one free on the meals or a free appetizer… Ebay also has major fast food restaurant coupons that are for sale… search away!!!!

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