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My eBay Tally

In a little over 45 days I sold fourteen items on eBay for a total of $162.49. From that total eBay took $16.45 in miscellaneous fees and PayPal charged me an additional $10.19. So when all was said and done I brought home $135.85 of the $162.49 total. Unfortunately, my smallest eBay sales resulted in eBay’s largest profits. That’s just the nature of the beast. eBay charges a $.20 listing fee on a $.99 item, so if buyers don’t bid up the price you’re losing 20% of already piddly profits. Based on this fact I’m not certain I’ll try to sell inexpensive items on eBay again. It just doesn’t seem worth the time and effort.

On one hand I was a bit surprised to discover that eBay took over 10% of my profits. On the other I was happy to have dabbled in the world of online auctions. After all, normally I would have donated everything to charity for free. I still had a few bags for the donation center but having an additional $135.85 at the end of the day isn’t too shabby either.

Misty

Friday 9th of November 2007

I have sold everything from mattresses and couches to coffee mugs and candles.

I've gotten good at making my postings interesting enough to catch the buyers eye, and can sell just about anything!

One Frugal Girl

Friday 9th of November 2007

Misty -- I tried craigslist for larger items, like furniture or sporting goods, but I've never tried it for smaller items like home goods or clothes.

Did you ever try selling small items or just large items like furniture?

Misty

Thursday 8th of November 2007

Have you ever tried buying/selling on Craigslist? My husband and I, during the five years we dated, moved apartments several times. Each time, we would post all our old furniture, decor, clothing, housewares - anything really - on Craigslist. With the money that we made, we'd re-furnish our new apartment. Not only was it exciting to constantly have new things, but we always managed to upgrade our furnishings and never spent a cent! It's also great for giving away those things that Goodwill or other thrift stores would not be able to sell for you, such as a rusty chair that someone might be happy to take off your hands and repaint.

Anonymous

Thursday 8th of November 2007

I tend to buy more on ebay then sell. I have sold a few items for more than I paid for them, such as a saddle. However, I have found, having a pre-teen son, that people often buy, buy, buy, and not even use what they have purchased! This makes for great ebay fodder for me. I buy my son name brand clothing (lauren, tommy, american eagle, etc) for a fraction of the retail cost (yes, new items with tags) and usually cheaper than what I could have purchased a simialr item at discount stores such as walmart.

One Frugal Girl

Saturday 3rd of November 2007

I've never held a garage sale, but if I did the bake goods and drinks certainly sound like a worthy idea. Of course you probably need a cute kid to help sell it.

Kudos for buying items in second hand stores and reselling them for profit. Do you research the items before buying them, or have you researched eBay to find out what sells?