Research, research, research

How do you know how much you can potentially get for an item that you have picked in your home? Research is the answer.

Go onto eBay and search for the item. When it comes up you can see what others like it are going for.

Example. Grandma's old wool coat. You could put "Vintage Wool Coat" in the search bar and you will get a ton of coats to look at so narrow it down. "Vintage JP Penny's Wool Coat"  and you will get a better idea of what yours could go for.

Take it a step further by scrolling down on the left of the search results screen and click on "Sold Listings" This will show you what has recently sold. Giving you a better idea of what you can get.

I have a site I go to.. http://checkaflip.com ... You put in the item at the top and click search. It shows you recently sold and currently listed items, Average price and % sold.

If you are going to do this, you have to get good at research. It will give you the current market value of each item.

Ready, Set, Research...

Step 2 to start your eBay Biz... Walk around your house/garage/storage unit and find 5 to 20 things you would be willing to part with for cash. You can find as many as you want but keep in mind that you will only be able to list 10 items at a time in the beginning. Also make sure that your paypal account is verified or in the process of getting verified. Like I said before you are going to need to link a credit/debit card or checking account to your pp account to verify it. Tomorrow I you will do some research on those things you found to sell. See you then.

Day one of starting your eBay Biz.. Sign up for a free eBay and Paypal account. Both of these tasks are simple to do. Paypal wants a few verifications to make sure you will be able to cover your butt so you will need to have a cc or bank account to back it up. I have been with PP for, well ever... since they started and they are legit. Tomorrow I will give you a new task.