I've been noticing that more and more of my friends, family and clients are selling items on eBay and making a profit.
I sold quite a bit of stuff a few years ago - just trying to clean out the closets, etc. - but have never tried to make a real profit doing it.
Anybody having any luck on eBay, and what are you selling?
Just curious...
Have a great day!
Any eBayers here?
February 2nd, 2007 at 09:37 pm
February 2nd, 2007 at 10:37 pm 1170455823
February 2nd, 2007 at 10:42 pm 1170456156
Before I tried I was a little weary - but I had a very high-dollar baby item to sell (easy to ship) so I gave it a whirl and made $80. Then my dh got a Wii and we sold for a profit. (Baby item was a wash but was impossible to find used and so I sold it for what I paid basically - was happy. Figured I would have to sell on ebay - only way to justify $80 for a baby sling new).
Anyway, just sold a GPS system for the in-laws and dh found a video game we sold for $10. Since I Feel more comfortable with the process I have a few $10-$30 items I would like to try to sell.
As far as real profit, eh. But another $20-$100 bucks a month is nice indeed! Oh I have much I can purge around the house... I have been looking up some old c.d.s that are selling pretty well - gathering dust in my closet - so that is my next project. Appealing because easy to ship too.
February 2nd, 2007 at 10:48 pm 1170456534
February 2nd, 2007 at 10:54 pm 1170456844
February 3rd, 2007 at 01:10 am 1170465045
Today, I'm a very casual seller. I'll go through spurts where I get the urge again and list a few items, but I lose interest quickly. I keep saying I'm going to start again but I just don't have the motivation. Now that my wife is leaving her job and our income will be dropping, I might start up again and get her involved since she'll be home most of the day.
February 3rd, 2007 at 06:31 am 1170484271
February 3rd, 2007 at 01:34 pm 1170509641
February 3rd, 2007 at 02:11 pm 1170511915
disneysteve - $2-3K a month on ebay? That's definitely worth it! What kinds of items did you sell?
February 3rd, 2007 at 09:53 pm 1170539603
February 4th, 2007 at 03:10 pm 1170601812
However, if you are cleaning house and regularly selling things for more than you paid (collectibles and such) I am sure it gets sticky. At that point I just look to the materiality of it all. If a client told me they made thousands selling collectibles I would encourage them to report it on their tax return. I would at least look into the rules further. But for the most part I don't think cleaning house warrants reporting ebay income.
I don't think I have sold anything for more than I paid for at all.
I remember seeing some articles on this way back though, about many ebay sellers (Selling wholesale items at retail, etc.) who did not report incomes, IRS Was coming down on them.
February 4th, 2007 at 03:13 pm 1170602037
February 4th, 2007 at 05:36 pm 1170610577
February 4th, 2007 at 08:10 pm 1170619846