by Brandi Savitt – June 23, 2011
Last weekend, my neighbor and I ventured down into the dungeon-y basement of our building only to discover all of these amazing lamps, furniture, bikes, electronics and clothes that no one in my co-op will ever use again. And then it hit us – why don’t we try and sell all this good stuff on eBay to help pay for some of the improvements we want to make to the building?!
I must admit, I am very late to the game when it comes to using eBay as a resource to sell household items. What do you need to do and know? What things sell the best? What shouldn’t you bother even putting up for auction? So, if you’re looking to make some extra cash on eBay too, but don’t know where to begin, here are some tips DIRECT from eBay.com to help us all get started!
Find Out What Your Item is Worth
If you know what you want to sell, you can get information about the item such as the recent sales activity and price, appropriate listing category and key words, and examples of good descriptions. Simply do an Advanced Search on your item and click Completed Listings. If you want to see what’s currently selling the best on the site, check the eBay Pulse feature for the latest purchasing trends.
Determine Pricing & Listing Format
Many sellers that sell in an auction-style listing format, find that setting a low opening bid with no reserve jump starts bidding and increases their final selling price. New standard fees let you list Auction-style for free and pay only when it sells. However, demand for the item must be high to generate multiple bids. Your research in step one will help you with this information. To appeal to buyers that want a quick sale, you can add a Buy It Now price to your auction-style listings. If you know the value of your item or have multiples of the same item, set a fixed price for a quick sale. Learn about how eBay displays items in search results.
Sign Up for PayPal
PayPal enables you to accept online payments for your eBay items. Sellers must offer safe electronic payments to buyers on eBay, so sign up today – it’s fast and free to sign up.
Maximize Your Item Title
Be sure to include key words that buyers will search for, unique or descriptive attributes, and always check your spelling. Your item title is critical in helping users find your items, so use each character wisely using descriptive key words.
Describe Your Sale Items in Detail
A good description is concise, well organized, and easy to read. Create bold section headlines, bulleted lists, and be sure to include item style/type, brand, condition, and other attributes. When available in your category, use item specifics to help buyers find your item. Depending on category, item specifics include the condition of the item (new, used), size, color, brand, etc. Make sure to include your return policy and handling time, which is now required in every listing.| Print
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