E
Edd
Iron
- Joined
- Jul 30, 2024
- Posts
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Made this for a friend, thought id post here
Lmk if you have questions, happy to help
If you want credentials ill send em
Intro
Reselling gets a bad rap from Tiktok/IG. If you ask any young person what they think “reselling” is, their description would consist of shitty fake colognes, fake Apple products, Jordans, Essentials clothing, Spider (spy5er or whatever they call em) hoodies. This type of reselling is pretty different, in that it isn’t limited to a specific niche - just whatever you can make money on.
Requirements
To start, you’ll need:
Finding items
Reselling is simple: Find item, check if item is worth anything on eBay, if so, buy item. Check on Facebook Marketplace, and maybe Nextdoor if that’s a thing in your area. I’ve found that Nextdoor has less users than FB, so more gems are left undiscovered. For example: One of my first flips was an Apple Superdrive (CD/DVD reader) from Nextdoor. I found it brand new, factory sealed for $15 on nextdoor. Checking eBay sold prices, it was consistently selling in the $80-100 range.
You can also find tons of shit for free - if there's a market for it, get it. No loss bc it's literally free, if it doesn't sell, throw it away, only loss is a bit of time
Checking eBay SOLD is crucial. Sold listings are listings that people actually paid for, giving you the most realistic pricing. People can put whatever prices they want on eBay, so it’s important to see what something is actually worth.
Make sure stuff works before you buy it. Don’t get scammed
Good categories include:
Messaging
Anyway, once you’ve found the item, send them a message. Don’t be an NPC and use the “Is this still available" preset message. My default is, “Is this still available? I’m interested. -Question about item-”. This way, you appear like someone who actually wants to buy and doesn’t waste time. Or, hit them with the lowball: “Is this still available? Would you take (X)? I have cash and can pickup today.” -Adds convenience - “Cash is King” as they say, same day pickup is nice too
Once they respond, you can ask questions and negotiate down. As a general rule of thumb, if they don’t say price firm, offering 25% below asking is perfectly reasonable, but be prepared for pushback.
Once a price is agreed, find a time/place to meet. As the buyer, you’ll be the one going to see them most likely. If your transportation is limited, limit the listing distance when searching for items so that you don’t waste time on far away items.
Don’t be late, and have cash on hand or venmo/zelle/paypal or whatever. Agree on payment method before leaving.
NEVER pay before item in hand. Most common way to get played lol
Listing Items
I would recommend listing on eBay. Biggest buyer pool, downside is they take 13% of sale price. Still is good money if you pay little for the item.
Once you have the item in hand, clean it and prep it for pics. To take photos, put item in natural light. Clean your camera, don’t take shit photos. Get photos of all angles n stuff, damage if there is any.
Use ebay AI to make listings - it goes so much faster. Look at sold comps for pricing guide
List item, store it. It may take a while to sell depending on how popular/in demand it is, so be prepared for it to sit from anywhere between a few days to a few months.
Packing orders
Once your item sells, wrap it in bubble wrap/paper and tape it up in the box. Fill in details on eBay to buy a shipping label. Print, tape to box. Bring to USPS or whatever shipping carrier you use
Payout
Takes about a week or two after your item sells on eBay, 3 days after the item is delivered to buyer - will be within a few days in the future if you take this seriously and sell a lot.
If you do this enough, you will have to pay taxes. Look into local tax obligations - it’s different for everyone. eBay sends 1099-K forms when you hit a certain threshold.
Keep books about everything - at the very least, how much you paid. eBay tracks net profit, but at least keep that for taxes if you plan on paying them lol
It’s not quick cash, but it’s made me about 4.5k profit in the past two months for not a lot of effort compared to working a part time job. I probably spend a couple hours a day on average doing this (14 weekly), so in total 4,500/(14x8) = ~$40/hr. Keep in mind I do have a car, which helps a lot.
Let me know if you have any questions about anything - I’ll try to answer
Lmk if you have questions, happy to help
If you want credentials ill send em
Intro
Reselling gets a bad rap from Tiktok/IG. If you ask any young person what they think “reselling” is, their description would consist of shitty fake colognes, fake Apple products, Jordans, Essentials clothing, Spider (spy5er or whatever they call em) hoodies. This type of reselling is pretty different, in that it isn’t limited to a specific niche - just whatever you can make money on.
Requirements
To start, you’ll need:
- A phone
- $0-250 (can start with no money, but easier to start with a little bit)
- Decent bit of time (I’d estimate 3-4 hours total before making money)
- Make accounts for: eBay, Facebook (set DOB 18+), maybe Nextdoor (optional)
- If in the US: at least 18 for SSN for eBay verification. However, eBay is not always necessary. If under 18, use parents/older friend SSN
- Transportation:
- Ideally, a car, if not, a bike will do
- If neither: public transport. Will have varying results depending on geographical location (no car/bike in big city ok, rural town bad)
- Ideally, a car, if not, a bike will do
- Packing supplies (cardboard boxes, tape, access to printer)
Finding items
Reselling is simple: Find item, check if item is worth anything on eBay, if so, buy item. Check on Facebook Marketplace, and maybe Nextdoor if that’s a thing in your area. I’ve found that Nextdoor has less users than FB, so more gems are left undiscovered. For example: One of my first flips was an Apple Superdrive (CD/DVD reader) from Nextdoor. I found it brand new, factory sealed for $15 on nextdoor. Checking eBay sold prices, it was consistently selling in the $80-100 range.
You can also find tons of shit for free - if there's a market for it, get it. No loss bc it's literally free, if it doesn't sell, throw it away, only loss is a bit of time
Checking eBay SOLD is crucial. Sold listings are listings that people actually paid for, giving you the most realistic pricing. People can put whatever prices they want on eBay, so it’s important to see what something is actually worth.
Make sure stuff works before you buy it. Don’t get scammed
Good categories include:
- Electronics (prob 70% of what i sell)
- Cameras
- Tools
- Toys
- Or just whatever is worth the money - if you see something expensive for cheap, and it has recently sold listings on eBay, buy it.
Messaging
Anyway, once you’ve found the item, send them a message. Don’t be an NPC and use the “Is this still available" preset message. My default is, “Is this still available? I’m interested. -Question about item-”. This way, you appear like someone who actually wants to buy and doesn’t waste time. Or, hit them with the lowball: “Is this still available? Would you take (X)? I have cash and can pickup today.” -Adds convenience - “Cash is King” as they say, same day pickup is nice too
Once they respond, you can ask questions and negotiate down. As a general rule of thumb, if they don’t say price firm, offering 25% below asking is perfectly reasonable, but be prepared for pushback.
Once a price is agreed, find a time/place to meet. As the buyer, you’ll be the one going to see them most likely. If your transportation is limited, limit the listing distance when searching for items so that you don’t waste time on far away items.
Don’t be late, and have cash on hand or venmo/zelle/paypal or whatever. Agree on payment method before leaving.
NEVER pay before item in hand. Most common way to get played lol
Listing Items
I would recommend listing on eBay. Biggest buyer pool, downside is they take 13% of sale price. Still is good money if you pay little for the item.
Once you have the item in hand, clean it and prep it for pics. To take photos, put item in natural light. Clean your camera, don’t take shit photos. Get photos of all angles n stuff, damage if there is any.
Use ebay AI to make listings - it goes so much faster. Look at sold comps for pricing guide
List item, store it. It may take a while to sell depending on how popular/in demand it is, so be prepared for it to sit from anywhere between a few days to a few months.
Packing orders
Once your item sells, wrap it in bubble wrap/paper and tape it up in the box. Fill in details on eBay to buy a shipping label. Print, tape to box. Bring to USPS or whatever shipping carrier you use
Payout
Takes about a week or two after your item sells on eBay, 3 days after the item is delivered to buyer - will be within a few days in the future if you take this seriously and sell a lot.
If you do this enough, you will have to pay taxes. Look into local tax obligations - it’s different for everyone. eBay sends 1099-K forms when you hit a certain threshold.
Keep books about everything - at the very least, how much you paid. eBay tracks net profit, but at least keep that for taxes if you plan on paying them lol
It’s not quick cash, but it’s made me about 4.5k profit in the past two months for not a lot of effort compared to working a part time job. I probably spend a couple hours a day on average doing this (14 weekly), so in total 4,500/(14x8) = ~$40/hr. Keep in mind I do have a car, which helps a lot.
Let me know if you have any questions about anything - I’ll try to answer
