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Do you want to make money by buying items for cheap on Craigslist and then re-listing them for sale? This is a good way to make money, as you can resell your cheaply bought items for more. The difference results in a profit for you. Although this is a good way to make money, there are some things that you should and shouldn’t do. What?
DON’T buy items on Craigslist or get free items just because they are available. The key to making money with this approach is reselling for a profit. An old stained couch that you bought for $10 isn’t likely to resell for much more. Unless you plan on repairing or restoring old, broken, or out-dated items, avoid them. Ensure you get things that you can resell and for a profit.
DO use a Craigslist search tool to quickly find the best deals on Craigslist. Unfortunately, good deals don’t last long on Craigslist. You need to act fast if you want to find cheap, quality items to resell. This involves searching quickly and often. Although you can search right from Craigslist.org, you are limited. You can only search one city page at a time. If you are willing to drive two or more hours to pickup a good deal, this creates a time problem. Instead of searching each page independently, download a Craigslist search tool that allows you to search multiple areas and categories at once.
DON’T re-list the same item back on Craigslist within hours of getting it. Shoppers are smart. If an individual wanted to buy a used couch they saw listed and found out from the seller that it was already sold, red flags will be raised when that same couch appears back on Craigslist in under 24 hours from a different seller. Right away they will know that your main goal is to make a profit. Although it is, you don’t want potential buyers to know this. You want them to think they are getting the best deal possible. It may be best to wait at least two to three days before listing your items for sale. Also, consider other methods of resell, like eBay or flea markets.