I tried to go bargain hunting at Kohls and Nordstrom. The news stories were dire.
No luck. The news seems to all be a c’mon. Mostly to buy clothing going out of season.
What has your luck been with the bargain shopping?
I got a very good deal on a Fire TV on Amazon’s Prime Day. Land’s End has good sales on out-of-season clothing but not more than last year.
Wendy
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I’ve been bargain selling. Things I picked up cheap several years ago and no longer need are bringing in big bucks. 300% return!!! Some of it is inflation and some of it is that our ignoring boxes of stuff we didn’t know what to do with until now has made those things collector’s items. A cassette in it’s original packaging sells for $16 on line, with a company willing to pay us $8 to market it for us. 40 year old college stereo system receiver is being sold for parts for $500!
Who knew hoarding could be profitable?
IP,
realizing this means it is unlikely she will ever get her DH to get rid of anything ever again
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<I’ve been bargain selling. Things I picked up cheap several years ago and no longer need are bringing in big bucks. 300% return!!! Some of it is inflation and some of it is that our ignoring boxes of stuff we didn’t know what to do with until now has made those things collector’s items.>
How do you go about doing this? We have lots of old stuff.
Wendy
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How do you go about doing this? We have lots of old stuff.
It depends on what you are selling. I have used Nextdoor.com and Craigslist.com. Craigslist gets more eyeballs, but have safeguards in place when you meet someone. Ebay is another place, but there are new tax laws in place re capital gains if you sell a certain volume.
The more unlikely the demand, (cassette tapes? Really?,) the more eyeballs you need on your product. Ditto for higher expensive items, like our solid cherry American Drew furniture, which has it’s own resale shops on Ebay. At the same time, large pieces require moving, so we tend to do the more local Nextdoor.
Google what you have to see if it is for sale, but remember that what you see posted is asking price that will not necessarily correlate to sales price. It is surprising what people want. I picked up a complete set of 24 Dickens books, nicely cloth bound, for something like $5 when I used to go to auctions. People are asking $100-200 for these. I’m keeping mine.
I used to put a lot of stuff up for free on Nextdoor, but came to realize that the same people were grabbing it and probably reselling elsewhere. Some of that free stuff would have wound up in the dump however, so I am happy for it to have an alternative place to go. By charging even a small fee, it’s more likely that the person buying it is going to actually use it themselves.
IP
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How do you go about doing this? We have lots of old stuff.
In addition to selling on Nextdoor and Craigslist, I’ve had good luck selling stuff that we no longer wanted on Facebook Marketplace. It’s free to list and sell stuff there.
One thing I’d like to share with folks that are considering selling stuff on the internet - When you have to meet someone to exchange goods for cash, please set up that meeting at your local Police station. Our small town Police Station has 2 parking spots right outside their front door for folks that are exchanging cash for goods. Try and find a safe place to do that exchange.
'38Packard
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IP,
Interesting.
I have an old stereo system from the early 80s. Bose 401 Speakers. I have decided to keep it.
I am not a hoarder so there is not much to sell.
Wendy,
Yep the sales are not better than last year. Ditto!!