That used percolator sold for what a new one would go for. Not bad!
Older American made counter top appliances always sell.
Iris, off topic but do you speak creole or have ties to Haiti ? I noticed its a blog you follow.
Great stuff again this week! We are drooling over your scale here.Interesting tidbit I discovered today... On your seller dashboard there is a drop down to see your defect rating in other countries. Not sure if this is new or not, just saw someone mention it in a facebook group and thought I might not be the only person who wasn't aware of it. I will be calling tomorrow to get an international defect removed.
Good catch. Interesting they split it up by global region.
I used the Google Chrome extension Jay recommended for ebay sniping to buy an item usually selling for $10 plus shipping for just 99 cents and free shipping. Now I feel guilty. Why does Chrome's spellchecker tell me "ebay" should spelled with a capital "E" (Ebay). That's not the way ebay spells it.
I have myibidder auction app from the play store and it works great. Won a few things. Never feel guilty. you wasn't the person who put an item on for action at such a low starting price. and sniping is not bad because if anyone 's just putting in your bid at the last few it's just putting in your bid at the last few seconds which I did all of the time before I got my sniping app.
Sellers are crazy to do auctions that start at 99-cents with free shipping. But I dont feel bad. They'll learn at some point.
Once we tried a peculator we never went back to drip coffee, about 10 years now, so I pick them up to use! Also, not 100% sure but as far as Aigner.. Ah-n yay is how I have heard it
They seem to have changed from eBay to Ebay now.
Just finished reading the story and looking at the horrendous photos of the airbnb couple in Calgary, AB whose house was trashed by some weekend renters. This won't happen to you, but I'm interested in what you think of the story and how you would handle it. You HAVE to see the pics. Google airbnb and Calgary. The couple's name is King.
Bad things happen. This is why god made insurance. What's alternative? Lock the doors and hide under the bed?Everyone misses the part of the story where Airbnb is paying for all the damages. They have Airbb Host Protection Insurance that is free to all home owners who use the site. You better believe that Airbnb will make these people whole again to avoid all the bad publicity they are getting (as seen in everyone emailing us this link!)
I love it that your airbnb is not your primary residence. Everything I've read about airbnb before this has been positive. These renters were an anomaly.
Although you see those house swap things all the time. Maybe when you're looking to go on vacation you can house swap your rental.
It could happen to anyone. Or worse imagine if they stole all of your stuff. do you have any safeguards in place like writing down their license info? Or have a camera installed on the property just to have an image if you need one to turn into the police? although I don't really see people racing to Virginia to steal stuff from people's homes.
There are low-cost 'hardware' measures that can make your stash a less attractive target. Motion lights are cheap - see them at yard sales $3/each all day long. DVR with 4 or 8 cameras for $100 include web app that IMs you if motion is detected - sends you a still or live feed (anywhere there's online access). Simpler is something like wireless cams like Dropcam. Simple to set up and high resolution video. It's good to have a UPS (battery backup) for these since many thieves turn off house power if the box is outside before attempting entry. If you are notified of activity and see someone on your property, you could call a neighbor to look out their window to let you know what they observe before calling the cops on every kid running through your yard to retrieve a football.Let neighbors know that unless you are home, you will never authorize anyone to remove anything from your property or even be there if you are not. If you know the neighbor well enough, ask them to photo the visiting car license plate and individuals and call police if they seem to be probing around or attempting entry.
Had to laugh at the flatware. I have hundreds of pieces of the same pattern. In 1964, our market was giving them away with purchases. My mom got me and my brothers complete sets. They gave them all to me and I used them for years for parties instead of plastic . I guess I will have to start selling them. Thanks for your podcasts, I always look forward to them.
Linda S, Your comment about the flatware reminded me of our local bank that gave away dishes. As a teenager, I loved getting those dishes whenever I deposited my babysitting money in the bank. I was taught to save money at a very young age, and graduated from high school with $2,000 in savings. Now, I realize those early days were the beginning of lifelong habits of scavenging, and frugality.
That reminds me of when gas was in the .30 per gal range AND you got a free drinking glass when you filled up the tank. Plus someone pumped the gas for you and cleaned your windshield while the gas was pumping. Those were the days.
My fiancée is from NJ and apparently it's a state law there that an attendant has to pump your gas for you. Which I think is bizarre but awesome. He had never pumped gas is his life before moving down south!
When I moved to Ohio from New Jersey I had no idea how to pump gas either! Linda I loved the bubbled amber colored drinking glasses that Hess gave away. Yes, those were fun days!
Just picked up a few end rolls. no one warned me they are so heavy. and this little old lady who works security there of course could not help in the slightest. so I parked my car as closest to the door as I could and got 1 at a time. they had short and long ones. I'm actually excited to see how long they last. although it would help if my ebay sales would be better this week so I actually have something to ship.
By the way, they're heavy.
I hear you anne, I am in my second week of sluggish sales.
I don't even know where there is a newspaper printer. But I've scored lots of wadded, heavy duty brown packing paper in the garden center at Lowes and Home Depot. If you hit it when the plants are being delivered, there may be shopping carts stuffed full of that paper that was in the form of a cone slipped over the plants during transit so their branches don't get snapped off against other plants. They've always been glad to let me wheel it out to my car. When I get home, I stuff it into large trash bags and clamp the bag shut with clamps from the dollar store to keep it crisp and springy. This heavy weight paper is ideal for heavier items requiring more resistance in a packing material. Just be sure to ask a clerk in the garden center if you can have the paper before you go to the cart so they can see you aren't trying to slip anything into the cart out the door. And remember to bring the cart back. It also doesn't hurt to buy something while you're in their store.
Siton, put on your scavenger cap. Go to Google Maps and search for newspapers in your area. They cant outsource the printing so theyre will be at least a couple printing presses in your area. The crumpled packing paper sounds cool too, but the rolls of black newsprint is nice because its so compact. 10 rolls last us at least six months and we pack a lot.
Yes, space is a consideration. I'd get the rolls if I could find any. I like to diversify my container and packing inventory so I'm ready for anything. I just shipped two 3' long gas powered RC helicopters. They were constructed just like the real thing. It was a nightmare figuring out how to remove the rear rotor boom and main rotor tower so it would fit a reasonable box. Still, the box had to be "oversized". Cost over $60 to ship to the east coast. Some things just aren't worth the time to ship.
I love finding red man chewing tobacco hats. I know I'll get 30 dollars easy every time. I've found 3 so far at a goodwill bin store. They have large cool patches on them. What can you not pass up when you see it that you know will sell? I like vintage Judy wood puzzles too. You see a lot going for cheap on ebay because ppl price them too low but i sell them for 15 to 45 dollars. This question is open for everyone who wants to answer.
Thanks to J and R I decided to try selling a few caps I found at the thrift. So far have sold 3 out of 6 of them for $30 each. Thanks guys!
Hey guys - I have a question for you all. I just got a neutral feedback from a buyer for a vintage tiki statuette. The item was stamped on the bottom Copyright 1979, so it's 36 years old, and had the original sticker in 70s font and everything on the back. The buyer's feedback basically said "This item wasn't vintage, just a piece of junk, I threw it away." I'm a little perplexed, since the buyer didn't contact me first, and the item is so old, I figured it was fair to call it vintage. I also feel that "vintage" is kind of a catch all word for something at least ten years old.Also - for a neutral feedback like this - should I call and contest it with ebay, or let it be? It doesn't impact my seller percentage, which is good, but I hate thinking that when people look at my feedback they'll see a neutral! Do you think this is something ebay would remove?And last - I have now learned my lesson - two tiki statues with poor seller response, I am not selling those anymore!
It doesn't hurt to try and call eBay. You just need to weigh what means more to you right now, your time or not having a blemish on your feedback. I agree its vintage if its 70s. Sucks he didn't at least contact you first. What kind of tiki statues were they?
Okay I took a look at the item and its cool looking and he got it for a cheap price but you failed to mention it was plastic. Maybe he thought it was wood. That could have been the reason.
I learned a new phrase from Ryann you ought to consider: "mid-century". That's what she was calling things from the late 50's through maybe mid eighties or something. Most people consider "vintage" to be pre-world war two - up to maybe 1940. Before that was the great depression and "depression glass" and that kind of stuff more popularly understood to be "vintage". Hopefully the scavengers will clarify this. I'm sure those younger that me will consider lots of things I grew up with "vintage", but that's another matter.
Since the complaint is that they were not vintage, and they're obviously vintage, you have a good shot of getting eBay to remove it.
For eBay AU a neutral is a defect, and so when I recieved one I had it removed. There is an 8 per year limit before penalties are enforced (AU).I recall Ryanne mentioning in one if the podcasts, not to long after the lee were some changes to your defect system that she had tried to have some unfair ones (customers accidently opening cases when making enquiries about delivery) removed but they were too old and eBay could not access the tracking info which proved they were unjustified. It might pay to try to have it removed if it is unjust, incase eBay update their policies again?
Good morning- portlandiaman, I agree, make the call- The item is vintage-I received my first Neutral recently- I didn't call eBay because the buyers feedback read "rougher than appeared"- Haha! Had they said "rougher than described" I might have had a fighting chance because the listing was descriptive and all 12 photos clear along with close-ups- I can't describe how items will appear to buyers, only how they appear to me- So I simply responded to their Neutral feedback, indicating that the item description was specific, 12 photos were provided along with close-ups, that the listing was offered as Private along with the option to Return but received no contact from the buyer-To me, vintage means from a particular period / decade- Antique 100 or older- Mid-century, means .. mid-century- Mid-century Modern, a specific design period-
Personally I think that it is unlikely that ebay will remove the neutral, but it is a defect so it is worth a try to get it removed. I will say that I got a neutral a while back and unfortunately even I concede that I deserved it for an issue I thought was mild enough to be overlooked (I was wrong.) Sometimes we make mistakes (like that thrift store receipt one buyer found in a shoe I sold when I first opened my store--he didn't care that it was an accident, or that the item he purchased was inexpensive, he thought that the "mistake" deserved a negative--and ebay refused to remove it.)
Both 1970s plastic stuff and 1950s wooden stuff are considered vintage nowadays.But a buyer who wants a 1950s item made of wood and gets a 1970s item made of plastic will be justifiably disappointed.You kind of have to overuse the vintage keyword with the way ebay is currently set up, so find another way to make sure the buyer isn't disappointed.Put vintage in the title, but put plastic in the description (or title) and mention the date that is marked on the item. No surprises, no bad feedback unless you get a really unreasonable buyer.
We always say what the item is made from: plastic, wood, metal, etc. "Vintage" is a totally good term to use. This buyer just sounds grumpy.The eBay rep may side with you since you sent what he ordered, and he chose not to return it for a refund.
thanks everyone for your input! i love being a part of a community like this that i can bounce ideas off of, its really such a great resource. god knows my non-ebay friends would be like "what? neutral feedback? i dont care..." hehe.and yes, lesson learned on not better describing the item material. totally rookie mistake on one of my older listings that i won't be repeating. thanks for not beating me up too much about it, all ;) and tonight - photographing, listing and calling ebay! :)
hi all! i am happy to report that after 30 min on the phone with an ebay rep, i got my neutral feedback removed! at first the rep pushed me to email the buyer, and i said "but isn't offering a refund or return in exchange for a positive feedback considered feedback extortion? and, the buyer said in his feedback he already threw the item away, so he cant return it, and also it was a global shipping item - i'm more concerned that he said my item wasn't as described in the feedback, but it was..." stumped her a bit there! then after helping the rep see the copyright date of my item stamped on its bottom in one of my photos, she removed the neutral feedback. it was a process to help describe over the phone "ok, now scroll to the right bottom corner of that photo, do you see the copyright symbol, the c in the circle... below that, the year is stamped," but totally worth it, and remaining polite and professional helped immensely. overall, i've called ebay reps a few times and found that they really are trying to help, and in most cases would rather help you reach a resolution than not.definitely learned something else - always always call, even on a neutral. its better to try to have something removed than to not try, especially if you feel you are in the right!
RE: Vintage, Etsy rules say anything 20 years old or older is "vintage." For anyone counting, that's 1995 or earlier!! Still can't quite get used to that definition, but I think 1970's totally qualifies at this point.
I think the Global Shipping is what saved you. Every single global shipping item is supposedly checked during shipment to confirm that the item is as described. That cuts out the need for returns and also almost guarantees the removal of negative feeback for item description.
good job getting the feedback removed!
I sold a vest a while back that was to be used in a new show that's coming out, and thought that was pretty cool. I think it's on some channel I don't even get so I will probably never see it, but it's my lame claim to fame anyway!
Two weeks ago I sold a tie Madame Tussauds' Wax Museum in Las Vegas. I wonder which wax figure will be wearing it?
I sold a skirt this week to a fashion blogger. I'm hoping to see her model it on her blog.
My coolest sales have been a brick phone to an MIT professor who had me overnight it for a class the next day, an old 1900s photograph of an Indian burial ground to the Smithsonian, and a heater to the gripper on the set of Law and Order.
That reminds me, I have a brick phone to list--this was MY original phone back in the day! (wanna talk about wake-up calls? Try getting a $900 mobile phone bill in around 1991!)
Grab those brick phones. I sold two. One was the very first cell phone available to the public. It sold for $350. The next sold for $100 and they said it was to be used as a prop. It actually charged and displayed "No Service" in red LED lights. Then I think the battery crapped out and I couldn't get it to charge again. But I had photos of it charged up. If you find the phone, be sure to look and ask for the charger, case, car adapter, manual, anything else that goes with it.
As far as I know, I haven't sold anything that ended up on TV. But, I did sell a vintage hat to a costumer in LA. It looks like he deals with live productions in California. Also a big pink straw hat went to a playhouse in Australia. And I sold a dress to a mayor of a US city. I do a google image search for her once in a while, but I've never seen her in the dress.
I am almost at 1000 items in my store and 1000 feedbacks, I do have to watch my costs and what I spend I am looking to find items that will bring my average selling price up rather than full my store
Congrats Marc. Been fun to see your store grow while you still work a full time job. Amazing.
I just had my first sale on Etsy--it is a tiny one, but the key appears to be to follow whoever follows or favorites your items, Etsy is a far more social site than ebay, so if you are considering selling there you need to be prepared to be active in the community (I would rather not bother, then again it is nice to make a sale somewhere other than ebay.)
Me too- Started in Feb, had one sale middle of April and one item included in a treasury- I need to sit down and learn how the new shipping works .. or call and have someone walk me thru the process-
Anon, I shipped through paypal and manually entered the tracking on the sale order, but you can also set up automatic shipping by making a shipping profile.
In my experience, success on Etsy demands more hands-on "curating," brand-building, superior photography, clever description, and active involvement than success on eBay. It's much less of a "list it and forget it" venue; that said, I think certain items, properly presented and promoted, can sell for higher prices on Etsy.(And, obviously, devoting time to all the above-mentioned facets of Etsy selling would likely improve eBay results as well... but overall it's just a little more work, and you're appealing to a smaller audience, in my experience. But I did meet some fantastic people as an Etsy seller, and learned a lot, before jumping ship.)
I am guilty as some of the rest of you in terms of not listing stuff, rather I always seem to have items laying around needing to be listed. I was determined over the last few days to list everything. I found a toy that was not listed and listed it late last night for BIN $200 I woke up this morning to find it sold. So you have to be in it to win it. To think that was siting around for months and it sold in under 1 day!
Just had my 56th sale on Etsy and doing great I too have to try figure out the new calculated shipping. Was a bronze power seller on Ebay with three selling accounts but stopped selling in 2008 after Mr Donahue took over.
Anonymous. Glad your Etsy store is dong well. But I'm curious: why would you quit eBay just because they got a new CEO? Seems like a very emotional decision vs one based on numbers. Etsy is going public soon...so expect there be some corporate nonsense going n over there to boost profits.
I love those Nine West sandals. I used to wear those when I was younger..they were so comfortable! Regarding the vintage perculator...we use a vintage pyrex tea kettle and perculator. I love both of them. But we get made fun of when we have guests and they have to wait a while for their tea or coffee..they are used to the electric tea kettles that heat the water up in like a minute. LOL People have no patience nowadays! :)
I was looking over the Scavengerlife resource page a few hours ago and tried the link to the estatesales.net website. I did a quick first time search and found a 3 day sale ending tomorrow just 5 minutes from me. I'm 10 miles from any sizeable town.I drove over for a quick look. There was plenty left but they had shut down until 8am Saturday.It's been a while since I've been to an estate sale so I could use a few ideas on what to look for that sells well in today's ebay. I've noted recently that perfumes and good kitchen cutlery were good "BOLOs". Any one around tonight that can further enlighten me?Thanks, Mike
Hey Mike. This is always a question that's a little insane so let me put your mind to ease. Go to the estate sale with blank slate. Only take with you your lifetime of scavenging knowledge (and a phone connected to the internet). Then just see what they have. This is where it becomes a treasure hunt. You never know what you'll find.
I just had to share this with someone who would understand: my memaw, who is in her 90s, surprised me today when I came to visit. She remembered me mentioning needing newspaper end rolls, and her local paper had printed an ad saying they were having a sale on them for 50 cents (regular price $5). So she went and bought $10 worth! I definitely won't be needing any for a LONG time! I think I gave her the bug because every time I visit now (1.5 hrs from my house) she's dragged some new treasure out of a closet for me to sell, including a large bucket of sterling silver goblets. I asked her why on earth they were in a bucket and covered in old newspaper and learned that her house had been robbed in 1964. She's been squirreling her valuables away in odd ways ever since. So now I am motivated to look in every single nook and cranny at estate sales more than ever before haha.
Your memaw sounds great! She sounds like a very healthy 90+ year old. You are very lucky.
My mother does this. You absolutely cannot throw or give away anything from her house without checking all pockets and going through boxes thoroughly. We recently found $500 cash in a small shopping bag in her garage! Makes the cleanup a lot more exciting, for sure.
Third time trying to post this. I need advice from silverware sellers. I bought a very mixed lot (13 diff types" of silverware that are tarnished and scratched. Should I polish them before listing? And do you research every one or just list them with the info you have on the silverware? I can't tell if most of them are silver plate or silver. Anyway, thanks for any tips. I didn't realize polish gets everything black either. My hands and rag are a mess from polishing 1 spoom.
Anne, I'd probably do at least a little bit of research as the price difference between sterling and silver plate would be significant and even within silver plate there are some patterns which are vastly more sought after and valuable than others.
Get some Nevr Dull wading polish (ordered mine from Amazon), and some latex surgical gloves. Spread an old towel across on your lap and go to town on that flatware while watching your favorite TV shows. It will come out great. If you don't polish it, you won't be able to see the damage (pitting or plate loss). Most sterling is marked as such. Everything else is probably silver plate. Replacements.com and ebay itself are both good ways to research patterns. You can put damaged pieces into lots and sell to crafters. I had a two shoeboxes full of mixed patterns from my mom, and have easily made $750-$1000 from it so far. I organized mine by pattern and type (forks, spoons, etc). Super easy to ship First Class or Flat Rate Envelope. It's tedious work, but pays well. Still have a bunch left!
Also Google How to Polish Silver with Foil. Skip most of the hard work!
Just a precaution - the foil, vinegar and baking soda method is indeed very easy to do. I use it on my own jewelry with great success. However, it bleached some of the antique silver plate pieces I had so much that you could no longer see the intricate detail in the designs. They looked more white than rich silver. I did lots of research and tried several different methods and polishes on the two boxes of flatware I had. Nevr Dull was the only one that preserved the natural luster and left a beautiful, shiny finish. It also doesn't smell as bad as many other polishes. My dad used it to polish his vintage pocket knife collection. You just have to try some things and see what works for you.
Sellers using flat rate postage on eBay AU: I was just burnt on flat rate postage, hopefully you can avoid. A customer purchased 2x door privacy locks from the same item listing. I had the postage listed as flat rate of $8.50 and 500g ebay flat rate satchel selected. The item was paid for immediately with only one flat rate of $8.50 charged for what is esentially combined postage of two items.Ebay have told me, that when a customer buys seperate items from a seller they will either have to pay the full amount of both postage fees, or request an invoice for combined postage. However the same does not apply for multiple quantity listings using a flat rate postage charge. The options going forward are to either to continue to eat the extra postage when I make multiple sales of an item or to set calculated shipping on multiple quantity listings so that an invoice request is generated. An easy fix but better to know in advance. :)
I ordered a roll of bubble tape on eBay for super cheap, and it came wrapped only in a large clear plastic bag with an order form taped onto it. I was a little annoyed at first, since I'm not used to anything but boxes and envelopes being used for shipping, but it came completely undamaged. What do people think about this? Does anyone else use unorthodox methods of packaging? -Dan from NJ
what is bubble tape?
Haha jesus, senior moment. I meant bubble wrap. For the first time ever, I ordered a roll of bubble wrap to have when I run out of scavenged packaging material.
ah yes. i thought you meant this stuff---https://www.google.com/search?q=bubble+tape&ie=utf-8&oe=utf-8when i order bubble wrap, they just tape it in clear plastic bags and slap a label on it. just like you said. other than the outside being kinda dirty, it's fine.
Apparently you can slap a label on anything and the PO will ship it like that. I am thinking of mailing my cat to someone.
Omg that reminds me of the only time I've ever flagged someone on eBay. There was a listing for a cat and the person in bad English wrote they will put food and holes in the box so the cat will not expire. I felt so bad for that cats life. Who knows where it ended up. At least not sold on eBay.
The post office would have caught that - unless it was a dead cat. I once sold a Flat Cat on ebay for $9.99. It's a cat replacement - a piece of cardboard with a cat printed on one side and a stand so you could stand it up to remind you of the cat you had or couldn't have. I only needed an envelope to send it though.https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcT5gzEcYyoQilM_yzjsyOfUZxF7qLUfRdg8bRp963fH_AvdJkkvig
Oh, that's so sad! Good grief.
One day I was at the post office in Long Beach Mississippi and you could hear rooster crowing from the back room.
Yep, my son has bought plenty of baby chicks that we've had to go pick up at the post office. And you can hear them all chirping in the back! LOL
So now that ebay and paypal will split up.... shouldnt buyers have the option to pay other ways that dont include paypal....so annoying that paypal takes ridiculous rates from a sale....
PayPal is like any other credit card service. You don't have to use it but can you imagine JC Penny's or Macy's not taking credit cards? Their business would plummet. Any retailer who takes credit cards pays a fee for the ability to accept them for payment. From what I've read so far I don't think you'll notice much change with the breakup.
It will be interesting to see if eBay begins letting buyers and sellers use other electronic payment formats - like Chase Quickpay or Venmo (or others?). If anything, it would be good for sellers, as the companies would likely begin to compete with their fees, and fees could go down!
I love PayPal. And buyers can pay you thru other methods already but most prefer PayPal. You'd lose a ton of sales if you chose to not accept it.
I really enjoy your videos! I did find out how you pronounce Etienne Aigner...http://thechicspy.com/index.php/how-do-i-pronounce-that-fashion-designers-name/How are you establishing your prices for your items?
I'll answer for them to save you time. Check completed and sold listings on eBay. See what others have sold their items at and check the current active listings. Price accordingly but don't be afraid to price higher and wait.
Anne is correct. Just check "sold items" on eBay. Usually gives you a decent idea of what an item could sell for. If it's rarer item, then you can price higher if it's in good shape.
Well, there can be just a little bit more of a twist here. If you are using Good until canceled format and only using the buy it now option, then both of the above is correct. Set at the high price or if you are bold, just a little higher if there is no others [competition] online. BUT..if you are also using make an offer then you need to little different approach. Using the what others have sold for sets the price you want to sell yours for. So if I am taking offers, I usually double the "sold for" figure and then back off 10%. You will find many times on make an offer that buyers will start the make an offer at 50% off what you are asking. If you "start" at the amount others all sold for and have make an offer you will almost always wind up getting less or taking less than what the others have sold for.Example: If dozens of items have mostly sold for $10 [from your research as Jay and Anne state] then use $20 less 5 or 10%, so set your item at $18 dollars. Then when low ball offers come in at $9.00 you have the option to say yes or no, depending on how badly you want the sale. Then if you wish to counter you can come in at the middle or somewhere there abouts, say $14.50 and wait and see. Then if they are into countering your offer at say $11.25 you got a sale and wind up also getting more than what the "avg. sold" price is on Ebay. Many times my items sell at the asking rate which is much higher than the Ebay sold at price because of various reasons Jay and Ryanne have stated through out many of their podcasts.Here is a good rule of thumb in negotiating any business deal, whether it be selling online or buying at a yard sale. "He who mentions a number first always looses"!! For me whoever states a number first, either a price tag, listing amount, auctioneer yelling out prices, that always sets the ceiling amount. They will loose because the deal will always be lower than that. When I then say my number second, that sets "the floor" of the deal and then we do "THE DANCE" from there and will most of the time meet somewhere in the middle. This is true a whole lot of the time. On most of the TV shows, real live auctions, at yard sales, etc. Anywhere the number is negotionable. Not at retail stores of course.So, on most of my "make an offer" listings, I go high, knowing I am setting the ceiling and in most cases I will most likely close the deal somewhere lower.So, just a system. As you can experience and confidence in "doing the dance", it will come naturally. I argue down on everything. I even ask for my senior discounts at every retail store and restaurant I go to. If you Scavenge you must learn the art of haggling. It's in our blood. Here is a mug slogan for you Ryanne.. "Learn to Dance..Negotiate!" mc
Here is a quick formula if you don't want to take the time to research and don't want to worry if you may have a $20,000 treasure you just found for a $1.00 in your hands. Take the price you paid for an item, then multiply it times 10 or 20 and list it at that price. Then knowing you may sell it at half that or any amount you want to take, you are good to go. Example: bought a ceramic figurine for a dollar, list it at $19.95 and take an offer of $10 or above. Where else in the world are you going to make 10 times your money on an intial investment. The stock market on it's best day pales in comparison to the ROI [return on investment] we can make with our online stores. Once you have experience, you know if you have anything worth thousands of dollars that you just lucked up on and got for a dollar. Or, if unsure, set it off to the side for research later, when you have time. The rest of the inventory you are sure of, use this simple mehtod and you can list 20 items a day and build your store up much quicker. Researching every little item will eat up a bunch of your time and slow you down a lot. Time is money and you need to be listing, listing, and listing. If you have a $900 item but spent 80 hours researching it, at say $20 per hour of your time, you have invested $1,600 worth of your time [an extreme example..but get the point?]. You have to put a value on your time, then as Ryanne said one time, draw a line in the sand somewhere, put a price on it and go.
Thanks Everyone for the strategies...I do appreciate them!
I was watching the UK Antiques Roadshow and I thought the fellow scavengers would appreciate this: https://youtu.be/NNtBFzOWRsU?t=27m41sI did some googling and found a similar one that sold at auction for $6,000! http://www.christies.com/lotfinder/lot/an-english-olive-green-tinted-glass-dated-1727-4686100-details.aspx?intObjectID=4686100
Sorry the vid didn't post my time jump - the story starts at about 27:41 if anyone's interested.
that link worked for me and jumped to that timestamp. i watched further as well and the queen is in this episode. fancy! i'll have to keep an eye out for those old wine bottles. what a find!
Yes - actually the whole episode was pretty great with a couple people finding things in a construction site and one at the rubbish dump! Heh keeps me inspired along your podcasts :)
Some very iteresting info on how ebay sellers are getting ripped-off and how the ripp-offs learn to ripp-off.http://www.ebay.com/gds/Internet-sites-tell-buyers-how-to-rip-off-sellers-/10000000176961781/g.html