The ULTIMATE Estate Sale Guide for eBay Resellers (2024)
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- เผยแพร่เมื่อ 26 ส.ค. 2024
- You can check out my app Flipwise here: flipwise.app
Other videos mentioned:
- Supply vs. Demand and Checking Sell Through Rate on eBay • This is ACTUALLY why y...
- Making $2,100 on eBay in One Day from an Estate Sale • Making $2,100 on eBay ...
My favorite reselling tools that I use:
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You can also find me on Instagram here: / justinresells.yt
Some of the links above contain affiliate codes, which means I may get a cut if you decide to make a purchase. And Flipwise is an app that I co-founded. Thank you for your support!
You cram more useful information into relatively short videos than anyone else, and I appreciate that and your fast style and expertise. Thank you! I know how to pause and rewind so I don’t miss anything.
Will say it's worth keeping note of which companies you like and do not like for sales. Saves you time over the course of a year when you know certain companies overcharge or arent negotiable
definitely have a "favorites" list and an "Avoid At All Cost" list hahaha
Agreed!!
My tip: Bring a small flashlight. Attics, basements, and even closets have piles of things in low light. And...be kind to the other shoppers and company running the sale. Lastly, get their early for the good items. Well worth your time. ok, one more... there is usually no bathroom, so save your coffee run for after the sale.
Seriously you need to be on a sitcom! Your humor and timing are crazy funny! 🤣
One minute of slick and sensitive storytelling (well done) and then BAM right on point, no fluff, as always. Thanks Justin and Aloha from Hawaii. 🤙
My car's back seat is upholstered in ikea bags. Look like Dexter's kill room back there 😂
I love when they have estate sales that start on weekdays. It's a great chance for me to pickup inventory. Especially when they people that host events look out for you too!
Another tip you might not have covered is often jewelry, china, small collectibles and pricier items are kept (sometimes within display cases) in the dining room or living room near to where the estate sale cashier is situated during the estate sale.
Great information. One thing I have found in my area recently is an Estate Sale type online sales franchise called Caring Transitions. Here in the Twin Cities (MN) they have 3 of them, roughly dividing the Metro into three areas. Their auctions start at $1.00 and pick up is either at their warehouse or many times at the property. This way the estate can have more days of selling with most sales running more than just the weekend and 24 hours each day. Have had good luck with these sales.
I just found your channel last week and you've quickly become my favorite reselling channel! Thank you for all of the superb information!
thanks, I appreciate that!
Thank you for the informative video. Although I follow other resellers as well, you are the best at getting your point across in a clear, concise, and efficient manner. Thanks for your helpful content, and keep the videos coming! Your channel has significantly widened my reselling knowledge base.
Very informative! You answered do many of the questions I had concerning estate sales
Get to know your favorite estate sale managers. Show up on the last day a few hours before closing and offer to buy up anything that has resale value. Often they will make a deal when the junkers enter to clear out what’s left.
I love estate sales! It is my primary venue for sourcing items to sell on eBay. I have had the best luck at family-run estate sales, but I don't pass up the dealer-run sales for two reasons: (1) Dealers can't know everything and sometimes they sell items that leave an opportunity for me to turn a profit; (2) I learn a lot about the value of unfamiliar items by seeing what dealers want for them.
I would love a video on storage units!!!!! Great video!!!
Hey Justin, I'm not sure where to ask a question for your Monday Q & A so I will just ask here if thats ok: Wondering how often you pay up for something and what criteria would qualify you doing so? Thanks and looking forward to more content!
That intro was some beautiful cinematography!
I love estate sales. If you find a company in your area who does them, make an effort to sign up for their newsletters or follow their social media so you can always pkan ahead. Our local one puts pictures of every room and it is really helpful to have a strategy going in if you know where specific items are.
Love estate sales. You're spot on about it being a video about death too. I'd say about 90% of the estate sales I go to is someone who unfortunately passed away weeks or months prior. And everything is basically up for grabs for next to nothing on the dollar. Always after the vcrs, remotes, video games, old board games and computer hardware.
I'm starting to link up with people who run estate sales to hold specific stuff aside for me too. They absolutely love people who have a specific type of item they are going after and will follow them to each and every sale.
Great content as always. Also, sweet vintage EPCOT Center t-shirt peeking under the flannel! 😉
Wow I had one of those easy balls and that same freddi fish game when I was a kid. I should try to look through all the old computer stuff in my parents house before they move this year.
Was at a survivor run sale yesterday. Two older ladies. Wife and daughter probably. Bunch of stuff in totes, books behind glass, lots of nice tools in garage. All not for sale. I asked about a spray bottle of cleaner. The younger woman snapped at me -"you don't have to be rude" after I'd warn her the growing and aggressive crowd (in so California) was going to steal them bling. I just apologized for bothering her and walked away. That was the only sale of the day.
Keep making great content. Happy to support your channel. 👍
My husband I love estate sales! Around us, the last day is usually 50% off. Thanks for the informative video!
Estate sales are fun, it’s sorta like the pawn shop. Most of it is priced in, but items get overlooked or missed. Think it’s a good way to keep your skills sharp only on hard profitable buys
You really make great how to videos. Thanks for sharing.
Similar to thrift stores, the more you know, the more deals you will find. It's all about your knowledge versus the person doing the pricing. And if you look for just a narrow category, you might find nothing while you walk by deals on stuff outside your category.
I attended hundreds of estate sales over the years. Things definitely vary by area/city. I am from central Ohio and "estate sales" are virtually non-existent there. They do have a few and most people will know them as tag sales. live & online auctions prevail. Here in Dallas where I am now, estate sales are like a shark feeding frenzy. Most here are first come first in the door at opening, rarely does any company hand out numbers and a few might have a sign up sheet but lining up in order is based on the honor system (doesn't happen). I have gotten to a sale that I wanted buy something I collect 3 hours early only to be the second or third in line and not get it (other times I did get it). There are no basements in any houses in Dallas due to the soil composition. I've had my stuff stolen from the hold table as well, - some companies have the hold table or baskets behind the cashier to guard it. most sales price their items high and sell most things on the third day at 50% off (again a feeding frenzy the first hour of half off day)(rarely does any sale go deeper % off until the last hour of the sale).(2nd day is usually 25% off)
You gave the most valuable programs! Thanks
Sourcing for resale is becoming very difficult.
At least in the LA area, prices at thrift stores like Goodwill, Salvation Army, etc. are too high to buy resale items.
Fortunately, can purchase items at reasonable prices through real estate sales and yard sales.
But even this is getting more and more expensive. I think the reason is probably that there are too many resellers.
Great video! Thanks for taking the time to do it
The 3ds death, downsizing, and divorce
Great tips Justin!!!!
thanks!
Ya it’s funny how I just found out about Justin’s videos and where have I been looking. Very informative. One more comment; do you use terapeake to help sourcing? I’ve noticed that if you add the listed items and the sold for past 90 days, you get a kind of sell through rate. I think!
I don't often use Terapeak when sourcing because it is very difficult to use from a mobile device. I use it more often when researching prices for items where regular eBay search isn't showing much. I have a whole video on pricing which you may be interested in: th-cam.com/video/7F7FWekaLeA/w-d-xo.html - thanks for watching!
My experience with HiBid wasn’t that good.
Don't Give Up the Ship!
lol, is that even visible in this video?
I've noticed it in other videos, lol.
@@justinresells
Are you in STL CITY or county. I’m from the county of STL.
i’m in the county
@@justinresells thanks for answering. Love your videos. I get back to STL once a month to thrift and visited my parents. I’m still in Missouri just the other side of state.
How can we find your discord?
it is for users of my inventory management app, Flipwise. you can see more info (as well as sign up for beta access) if you're interested here: flipwise.app -- P.S. Go Chiefs!
@@justinresells I saw you reppin’ in a previous video! My nerves are high today. 😂
From a Facebook post!
I'm trying to sell my wife on the idea of buying Flipwise. Do you have any videos that show folks actually using it? I believe it's relatively new. There is one vid on TH-cam that mentions it in the title, but has absolutely no value in understanding how he has benefited from it. Any direction would be greatly appreciated. We've been on eBay for two years now. I've been holding out about getting serious about doing it, but my attitude is shifting toward getting more into it. I'm looking to use Flipwise to reduce a bit (Ok, A LOT) of frustration. I am not a bookkeeping type person, so Flipwise holds a special appeal for me. I received this through Facebook!! Can you direct me where I can help this person please?
Just aside!! I have Flipwise!!
We have a demo video here that may be helpful: th-cam.com/video/1M-GP3Bz9WA/w-d-xo.html
Do you do more auctions or buy it now listings? Do you promote your listings?
howdy, I have separate videos on both of those topics!
When to use auctions vs BIN: th-cam.com/video/-O32DfKrQy0/w-d-xo.html
Promoted listings: th-cam.com/video/Kef1xouVphA/w-d-xo.html
Would like to know how you figure your ROI%? Seems wonky AF to me, waaaaay to high? Other than that, your software is cool! Thanks, as always, for the content.
www.flipwise.app/post/how-does-flipwise-calculate-roi-and-net-profit-margin