Wednesday, June 1, 2011
Hey buyer can you return that to me?
If you follow my blog, you know I am a big fan of buying new stuff in the package at garage sales then reselling it on eBay. The great thing about re-selling new is your merchandise is sealed, untouched and obviously working. I've sold lot's of MIB (Mint in box) stuff including shirts, toys, even a cat door! You can sell this MIB stuff with confidence knowing your buyer can't complain with negative feedback, or ding you on the eBay infamous star ratings system. If it's brand new in the plastic what are they going to gripe about? The worst complaint you might hear from your buyer is the item was really, really hard to remove from the plastic!
But there is one way selling new stuff has come back to bite me in the backside...when I could have used the item myself! This happened to me over the weekend. With the hot weather now upon us, my central air conditioning was been running constantly and refused to turn off. Turns out my thermostat was broken and needed to be replaced. Unfortunately, a good "programmable" thermostat can run you anywhere from $30 to $80 at your local Home Depot. Naturally being the garage sale scourer that I am, I picked up a brand new programmable thermostat for only two dollars last Fall. It was a top-of-the-line "Lux" programmable thermostat and even had the Home Depot "sold" sticker still on it! It was exactly what I needed to fix my air conditioner but did I keep it? Nope...in my ongoing, obsessive zeal to flip stuff and make money, I sold it on eBay for twenty bucks. It never crossed my mind that maybe, just maybe, I should keep it as a back-up in case my thermostat broke! So guess what I was forced to do the other day? Sadly, I went down to my local Home Depot and bought a similar model for the full-blown retail price of $30 dollars...Ouch!
So before you sell a garage sale find on eBay first ask yourself the question, "Could I use this?" If you're like me I know what you'll do....you'll probably sell it anyway!
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