Cutting the Padlock

News & Strategies for Storage Auctions Success

Posted on by StorageUnitAuctionList


So, You just bought a storage unit at an auction. And it is full of things to sell. Yeah, there are a few boxes for the trash bin, but for the most part, it can all be moved into the “for sale” category. But where to begin. The following is a list and a bit of a description about each place to sell your storage unit buys.                                                                                                                             

ONLINE MARKETS AND SITES

 Ebay - Ebay is the most popular online marketplace and was the starting point for selling used merchandise on the Internet beginning in the 1990s. You create an account, list your items, upload pictures, and you are selling! You have the ability to show your stuff to over 160 million people. There are listing fees and percentage of sales fees but they are extremely minimal. The communication practices that are established between you, the customer and Ebay is very good.  

Bonanza - Bonanza is an alternative to Ebay and it is set up pretty much the same way. but the cost for listing an item is a little less. Sellers pay 3.5% of an item sold under $500, and $17.50 plus 1.5% for an item over $500. Because of it’s newness to the online selling market, Bonanza is growing to match the same numbers as Ebay. It is catching up very quickly.                                   

eBid - eBid is also like eBay in site design and auction-style selling. The fees are very competitive. You’ll never pay more than 3% of an item’s final price.

Etsy - Etsy specializes in handcrafted and vintage items versus used items and is set up the same way as Ebay and Bonanza. It takes twenty cents to list an item and 3.5% if it sells. There is a 3% fee plus a twenty five cents fee  for payment processing. The site has 54 million members and 22.6 million shoppers, so the additional processing fees are considered minimal.

Facebook - You can sell anything you would like on Facebook Marketplace. And, there are thousands of Facebook yard sale and swip swap groups that you can join so that you can buy or sell your used stuff.

Craigslist - Craigslist can be a great place to sell something locally.always meet the buyer in a very public place, such as a busy gas station.

PHONE APPS TO USE TO SELL                                                                                                                

There are smartphone apps that allow you to sell  anything and right away.

LetGo - Sell to your local area. Drop a picture and a short description and ready to go.

5miles - Sell local or far away. Drop a picture and a short description and post.

OfferUp - Locally based and easy use.

Close5  - Local or far away. Drop a picture and post

Listia - List an item and get credits for trading your items for theirs

Linger - Lets you buy and sell everything from Musical Instruments, sports equipment, antiques to houses. Mostly sold locally

 

Electronics Sites to sell                                                                                                                     

Here are the best places to get the most money for your electronics.

Swappa.com - sales of new and gently used mobile devices such as cell phones, tablets, and wearable technology.

Gazelle.com - sell their used electronic devices, such as cell phones, tablets and computers. The company pays consumers for used or broken electronic devices

Gizmogul.com - This site lets you sell old phones for cash and donate to charity at the same time

BuyBackWorld.com or BuyMyTronics.com - These two sites sell your used iPhones, smartphones, iPads, iPods, MacBooks, Tablets, E-Readers, handheld video game systems, and many other electronics

NextWorth.com -  It is an electronics trade-in and recycling service. Users of the service exchange used electronics for cash or discounts on newer models

Glyde.com - Designed to buy and sell smartphones, tablets, MacBooks, iPods, and video games.

 

Selling musical instruments and equipment

Reverb is an app for you to sell or buy musical instruments and equipment.

 

SELLING CLOTHES, DESIGNER ITEMS AND WEDDING DRESSES

Designer clothes and wedding dresses sell well on these sites and you can get the most money for them!

ThreadUp

Tradesy.com

Poshmark

The Real Real

Threadflip

99Dresses

Buffalo Exchange

Mercari

Vinted

Pre-OwnedWeddingDresses.com

StillWhite.com

NearlyNewlywed.com

Consignment stores - Consignment stores are another alternative to sell your stuff. It may take awhile but it is a physical place to take your items if you can’t sell them online. If your item does sell at one of these shops, they can take as much as a 50% cut on your merchandise. It might be more convenient to let a consignment store sell than going to the trouble of listing the items yourself.

Pawn shops -Pawn shops can be a good place to sell gold, firearms, musical instruments and collectibles. Getting top dollar is unlikely, but, it might be a good situation if you’d prefer the convenience of having someone else sell your items, if you need the cash immediately, or if the pawn shop has access to those buyers who are willing to pay top dollar.

Yard sales - Yard sales are great for getting rid of your stuff especially if it’s not too valuable. Yard sales take time but you can make a good deal of money. Try having one with several neighbors and really get the crowds to attend.

Selling stuff to get rid of it or to make some money and to even create a business can be fun. It is time consuming to list items on line just like it is time consuming to set up a yard sale. But, in the end, money is made and you now have room for more stuff!

Posted on by StorageUnitAuctionList | Posted in Updates


Author Image

About StorageUnitAuctionList

StorageUnitAuctionList has the most comprehensive list of storage auctions available anywhere. We offer a list for each state. Subscriptions to the list start at $5 a month, a small investment for the profit potential of going to the auctions.