Thanks to the Internet folks have more options when it comes to turning second-hand stuff into cash.
Here are some things you should consider if you’re thinking about making a sale:
OPTION #1 - EBay may be great, but watch out for those fees!
Cost: The San Jose, Calif.-based auction website makes money in two ways: through commissions on all items sold and “upgrade fees” which allows sellers to pay for premium placement of their products on the site.
How it works: If you sell your barely-used 32 inch flat screen HDTV for $1000 you can expect the company to take a 10% cut, so you end up with $900. The trick is making sure your TV gets bought. With more than 84 million active sellers, there are bound to be more than a few TVs like your up for auction, and standing out could be difficult. You can improve your chances by paying an upgrade fee for as much as $179. That will place your product at the top of the list.
Ease: You don’t have to be a tech wizard to master eBay, but it wouldn’t hurt to get acquainted with PhotoShop either. Take a few good pictures of your item and then take a look at some of eBay’s design templates and decide which one will make your stuff look great.
Chances for Success: Overall, eBay has been incredibly valuable for sellers because of its
Global reach. Unfortunately, because of the huge number of products on the site it’s easy for an individual seller to get lost in the shuffle.