If your looking to make extra income through buying items at garage sales and reselling on eBay, then you need to start learning what items are worth. How can you possibly buy something for resell if you don’t know its value? I had a bit of an advantage when I first stared, as I had been an auctioneer for several years.
Here are some easy ways to start learning the value of those items you plan on earning extra income from:
1. Go to local auctions- every town that I know of has a local auction house or has regular estate auctions. Attend a few and watch what people are buying and how much they are spending. Before the sale take the time to inspect the items and make a list of a few you think will do well. Remember you should focus on small items that are easy to ship. Record what they sell for and pay attention to the number of people bidding on them. The more auctions you go to the more knowledge you'll gain.
2. Buy some books- Dont go out and buy brand new expensive books on collectibles. You can usually find them at your local library or thrift store. Having these older books will help you begin to identify which things are collectible and which are not.
Dont pay much attention to the values given in the books, as they will most likely be out of date. Your buying these books to gain knowledge of those things that you can make extra income from not to learn their exact value. eBay will let you know their current worth.
3. Go to some local antique shops- one thing to keep in mind here is dont pay too much attention to the price but rather the type of items for sale. Often people who sell through antique stores price their items way too high for a quick turn around. We want to sell our items not create a stockpile of museum pieces.
These are just a few ways to begin to learn what to sell to make an extra income. If your creative and pay attention while your out and about you will identify other ways im sure.
Extra Income|Know What To Sell
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learn what to sell
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