As I mentioned last time, I recently upgraded my sound system to a wireless solution using Sonos. In the process, I sold my Bose Wave Radio/CD Player on eBay and made a nice amount of cash.
Once I was in the eBay groove, I started listing other items in my home that I wasn’t using anymore. In the last two months, I have netted over $400 on eBay.
Even more than the cash intake, I appreciate getting items out of my house (thus giving me more space) as well as keeping them out of the landfill. I like the idea that these items are being used by people who want them, and not just becoming waste.
So far I have sold:
- Bose Wave Radio/CD Player
- Canon digital camera
- iPhone 3GS
- iPod Nano
- Flip video camera
- Nintendo Wii and Wii Fit
- Betsey Johnson raincoat
- Unworn and barely worn shoes
The final selling price of some items surprised me. The iPod Nano (with two cases and a speaker) did not sell the first time I listed it at $10. I relisted it at $4.99, and by the time the bidding ended 5 days later, it sold for $36!
My experience with eBay is that items that are easily identifiable are more likely to sell than items that are less distinct. If potential buyers know exactly what they are getting — and can easily compare with the price of a more recent model — they are more likely to bid.
Take a look around your house. What are you holding on to for no good reason? Wouldn’t you rather have the space and the cash?