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I Sold It on eBay!

If you’ve ever lived through the tedium of yard sales, garage sales or moving sales and though you would rather die than hold another one, there is another solution to just loading up what you no longer want or need and hauling to your local charity. It is still possible to get a good price for some of your former treasures. EBay provides the perfect outlet for selling all kinds of things. Sometimes you’ll get a great price, sometimes not quite what you’d hoped and occasionally as a seller, you’ll run across an item that just doesn’t sell.

 

Harvey Webb from North Carolina has used eBay to sell a variety of items over the past couple of years with pretty good result. “We’ve sold everything from videotapes to saddles we no longer used,” Webb says. “Some items have sold for just a buck, others have gone for hundreds of dollars.”

 

There are a variety of ways to offer an item for sale. Time sensitive material, such as tickets to an upcoming event, you might choose to sell in a one day of three-day auction. The most common eBay auction lasts 7 days. Very often the bidding on an item won’t heat up until the last day or even the final few minutes. Many buyers choose to “watch” items until the last day. EBay will even send you email on items you’re watching to let you know they are getting close to the end of the auction time.

 

Watching similar items to what you want to sell is also a good way to establish if you should be able to get the price you want for an item. The Webbs did this before they chose to put a saddle up for sale. By watching several similar items, they were able to determine that a lower starting bid and no reserve seemed to produce better results and more bids than those saddles that were offered with high starting bids and a high reserve. That same approach has paid off for the Webbs in selling other items as well, such as successive pairs of riding boots their son has outgrown. Because many of those boots were in like-new condition, a couple of pairs sold for very close to the original sales price.

 

Here are a couple of suggestions the Webbs have for successful selling on eBay:

  • List items so they end on a Sunday or Monday. Sunday night sees the heaviest traffic on eBay and more viewers could mean more bidders.
  • Take several photos from different angles of higher ticket items. People are more comfortable paying more for items they feel like they can really “see.”
  • Answer all questions from potential buyers quickly and honestly. If they want more pictures, get them.

 

It’s important to be realistic about what you’re selling. Buyers are looking for bargains. If they wanted to pay retail, they would be looking for a new item. The better the condition of the item you’re selling, better the chances are that you’ll see a lot of bids and a good final price.

 

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