Sunday, December 19, 2010

From $25 to $400

Completely FAKE!
I have yet to reach or come even close to surpassing my 4,000% profit margin with a FAKE diamond wedding ring set I got for $1 and sold for $40. But, this weekends 1,600% profit margin on a beautiful white Hutch wasn't too shabby. 

You might remember this hutch. I got it about six weeks ago for $25 and had it posted on craigslist for $225. After storing it mom and dad's house for a few weeks, I finally moved it home and stored it in my kitchen. It just so happened that I really liked the extra usable space of the hutch and thought that it looked great in the kitchen. So, I opted to keep it...well, that is, raise the price...a that it wouldn't sell. That night, I re-posted it for $425. 

This week, though I received a call from an interested buyer and after four days of negotiating the price, I agreed to deliver the hutch to her in Granada Hills for $400. The only reason I was willing to deliver (in the pouring rain, by the way) was because it was on the way to my already scheduled weekend destination of Thousand Oaks.

White Wood Hutch
Paid $25 (Original asking price, $40)
Sold for $400

Last Minute Christmas Gifts for Financially Savvy Families

1950's Retro Chairs
Paid $15 for set of 3 (Original asking price, $50....I'm serious...she went from $50 to $15 without batting an eye)
Sold for $65 for all 3 chairs

Battery Operated Race Car Track
Paid $5 (Original asking price, $10)
Sold for $40

Hard to believe Ebay Sales

Hand-me-down girls shoes
Not just handed down once, but handed down twice! Both pairs of these girls shoes sold for $4.99 with the added cost of shipping at $4.25. Had I not sold them on ebay, they would have been tossed out.

Mickey Mouse Tic Tac Toe Game

Paid $1 at a garage sale and bought six of them. I've sold three of them on ebay for anywhere between $5.00 and $7.50. Not a ton of money, but my $5 ebay profits are adding up to between $50 and $75 per week!

Sunday, December 12, 2010

Watch me on the Travel Channel! a bit of an exaggeration. I don't really know if I will be on the travel channel, but I was filmed for a Travel Channel Pilot program about pickers today while exploring the Monthly Flea Market at the Rose Bowl. I think I spent too much time joking about the fact that there was a camera man filming and a crew member with one of those fluffy microphones above my head as well as being over dramatic with the vendor I was bargaining with to actually make the final cut...but only time will tell. So keep your eyes out on travel channel for their new pickers show airing sometime next spring or summer!

Speaking of's official! My girlfriend and I are starting a biz to help our families, friends and any other clients rid their homes of clutter and make some extra cash. We call ourselves "Mommy PICKERS." Check out our brochure.

Hot Items of the Week
Fisher Price Dollhouse and Accessories
About 2 or 3 months ago, I bought a large dollhouse that came with about 60, people, pets, car, etc. The girl selling it wanted $15 but reluctantly took $10 for all of it. It didn't hurt that Sammi was with me playing with the house and dolls. So, I give her (Sammi) credit for helping me seal the deal. Anyway, I posted it on craigslist for $55, but it didn't sell for weeks. Then, about 4 weeks ago I came across another Fisher Price dollhouse at a garage sale, but this one didn't have any accessories.I managed to get it for $3 (Original asking price $5).

I ended up splitting up the toys between the two dollhouses and posting them both on craigslist for $40. I sold the first dollhouse with 30 of the accessories a little over a month ago for $40, and this week I sold the second dollhouse with the remaining 30 accessories for $40.
That was an $80 deal and total cash out of pocket was $13! 

Bamboo and Wicker 8-Drawer Dresser
Paid $3.33 (Original asking price $10)
Sold for $50 in 3 days
$3.33 you wonder...? I managed to get this dresser for a KILLER deal from a chronic garage saler that I always visit when she has her sales! In addition to the dresser, I bought a side table and a little tikes car and gas pump. I offered her $12 for all of it but she didn't have change so gave it all to me for $10.

Within the first 48 hours of posting this dresser, I got about five calls, but a nice lady from Compton made the 1-hour drive, in traffic on a Tuesday morning to pick it up! 

Adirondack Chair
Paid $35 for this chair about 7 years ago at the Pasadena Flea it doesn't count.
Sold for $35

I replaced this patio chair that I have had on my front porch for about 5 years with a cute yard sale find from a few weeks ago that I paid only $2.50 for.

So, I figure it was a $32.50 profit. 

Oh yeah...remember that vintage looking owl lamp that I got for free with a table and chairs set? It closed on ebay last week at $13.50 with $15.00 shipping. Not too shabby for something I didn't want and ended up getting for free.

Sunday, December 5, 2010

The $99 Jacket

I've been striving every month to reach the $400 mark with my craigs list sales. I figure, that's about $100 per week and only $25-$40 of actual cash out for inventory (sometimes less). This month, however with my new-found interest in ebay and some nice "high dollar" furniture items, I pulled in $985! Interestingly enough, though it's been the small stuff that has gotten me to that $1,000 mark...well, almost. 

Some hot items of the week:

Little Tikes Cozy Coupe
Purchased for $3 (Original asking price: $5)
Sold for $20 (in less than 24 hours)
The lady that bought this drove all the way out from Palmdale to pick it up. That's a 70+ mile drive. When you think about the cost of gas, was it really worth it? It was for me! 
Lego Duplos
Purchased for $1 (Original asking price: $3)
Sold for $15 (Sold these in less than a week)

7-Piece Kitchen Set
Purchased for $25 (Original asking price: $40)
Sold for $110
I bought this about 3 or 4 weeks ago, but needed extra seating for a party at my house so pulled out the table and chairs and used it outside. I re-took the pictures with the table "staged," and I ended up selling it two days later. I'm not sure if that helped, but it certainly didn't hurt. 

The $99 Jacket
Ebay has opened a whole new world of purging in our household this month! With my success in selling off smaller items, Jerry was inspired to go through his closet so that I could sell some of his old clothes. In the very back, he pulled out an old Herbie, Love Bug jacket that he has had for over 10 years. It's a nice jacket, in great shape that just doesn't get worn anymore. So, I posted it on ebay with a starting bid of $2.99 and $9.00 shipping. My thought is that if I sold it in a yard sale, at most I would get 2 or 3 bucks. The jacket sat for 6 days with no bids. Then, finally on the last day, 5 hours before the end of auction, I checked my status and it was up to $20.50. I was pretty excited about that! Three hours later, I checked my ebay status again and the jacket was up to $32 with only one hour left in the auction. With 10 minutes left in the auction, Jerry and I were glued to the computer as we watched two people duking it out in a bidding war! With one minute left in the auction, the bid went from $86.50 to $99! Not only that, but the winning bidder was a guy from Japan who forked over an additional $22 for shipping. All that for a $2 yard sale jacket in the back of the closet! We celebrated that night with a fresh donut from the Donut Man! yummy! 

Antique Cherry Wood Chairs
Purchased for $7 (Original asking price: $12)
Sold for $50

Pair of Kitchen/Dining Chairs
$0 (Purchased with a kitchen table-all for $15. I already sold the table for $35, so this sale was pure profit)
Sold for $25 

Pin It button on image hover