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**Make Me Rich This Year eBay or Else!!**

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  • Igamogam
    Igamogam Posts: 6,028 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud! Combo Breaker
    Adoremouse wrote: »
    Hello,

    I'm quite new so I hope it's ok to post on this thread?

    I'm trying to make as much money as I can selling the heaps and heaps of clutter in my house!

    Lots of clothes, shoes, baby clothes, baby items, DVDs, jewellery making stuff, toys etc.

    In the past I have made the most money selling plus sized clothes, some of them have sold for more than I paid for them. So fingers crossed.

    This will contribute to the £10 a day in October challenge I've just joined, which is to pay for Christmas and DD's birthday which falls around the same time.

    I have already picked up a few tips from this thread, but have a question that maybe someone can help with please?

    My Ebay account is a business one, because a few years ago I had a small business selling crafts that I made. Is it ok for me to keep using it for selling my stuff?

    Is it preferable to have a business account over a personal one? Are there any drawbacks?

    Thanks in advance for any advice :)


    Errummm - I think if you use your business account then you will have to declare your earning to HMRC? There is a different fee structure for business accounts and I dont think business accounts qualify for FLDs..........Not sure really
    Be the change you want to see -with apologies to Gandhi :o
    In gardens, beauty is a by-product. The main business is sex and death. ~Sam Llewelyn
    'On the internet no one knows you are a cat' :) ;)
  • Igamogam wrote: »
    Errummm - I think if you use your business account then you will have to declare your earning to HMRC? There is a different fee structure for business accounts and I dont think business accounts qualify for FLDs..........Not sure really


    Thank you, declaring my earnings shouldn't be a problem, I will have a proper look into it :)
    :hello: LBM - January 2009
    CCCS [STRIKE]£36,813[/STRIKE] £26,531.70 :)
    Picture [STRIKE]£32,000[/STRIKE] £30,106.73 :)
    Proud to be dealing with my debts!

    £10 a day challenge - October 2012: £158.31/£310
  • Adoremouse wrote: »
    Hello,

    I'm quite new so I hope it's ok to post on this thread?

    I'm trying to make as much money as I can selling the heaps and heaps of clutter in my house!

    Lots of clothes, shoes, baby clothes, baby items, DVDs, jewellery making stuff, toys etc.

    In the past I have made the most money selling plus sized clothes, some of them have sold for more than I paid for them. So fingers crossed.

    This will contribute to the £10 a day in October challenge I've just joined, which is to pay for Christmas and DD's birthday which falls around the same time.

    I have already picked up a few tips from this thread, but have a question that maybe someone can help with please?

    My Ebay account is a business one, because a few years ago I had a small business selling crafts that I made. Is it ok for me to keep using it for selling my stuff?

    Is it preferable to have a business account over a personal one? Are there any drawbacks?

    Thanks in advance for any advice :)

    If you are selling your own personal items then you do not need to be a Business seller. If you are buying things to sell for a profit then you need to register as a Business seller and declare any earnings to HMRC.

    If listing personal items do it on your Private account to make the most of the free listing weekends, they seem to be every two weeks or so and I always save my more expensive items for the free listing weekends.
    Sealed Pot Challenge #016
  • If you are selling your own personal items then you do not need to be a Business seller. If you are buying things to sell for a profit then you need to register as a Business seller and declare any earnings to HMRC.

    If listing personal items do it on your Private account to make the most of the free listing weekends, they seem to be every two weeks or so and I always save my more expensive items for the free listing weekends.

    Thank you, I will open up a personal account :)
    :hello: LBM - January 2009
    CCCS [STRIKE]£36,813[/STRIKE] £26,531.70 :)
    Picture [STRIKE]£32,000[/STRIKE] £30,106.73 :)
    Proud to be dealing with my debts!

    £10 a day challenge - October 2012: £158.31/£310
  • Yes - Adoremouse - open a personal account, otherwise no free listings! (ps - and welcome :) )

    Credit_crunch - know that feeling, not used CC this year- main reason being we hit the limit! Now paying it off slowly and surely, mainly with ebay money.

    Not done so well this weekend - items that I have (collectable) normally sell for triple what I got tonight :( Some didnt sell - so will just relist them next time. Never mind - first bad weekend in a while. Just could have done with the cash - have been buying christmas presents etc. !!
  • mavvymoo
    mavvymoo Posts: 2,152 Forumite
    1,000 Posts Combo Breaker Debt-free and Proud! Mortgage-free Glee!
    Hi Everyone I am back on the Ebay treadmill after a long break :D
    Glad to see you have all been more disciplined than me and are all doing so well:T
    Well have listed 14 items today as I am now off my backside and fresh and ready to go ......Well almost more a case of having too !
    All at 99p start :eek: So fingers crossed as they are all worth a lot more than that.But hey hoe some you win and some you lose :D
    Have 2 days off woohoo so am going to list a load and hope for a FLW and start them then. Or may start them Thursday for 10 days and hope they make a bit.
    4 bids already on the 14 listed today so looking ok.
    Good luck everyone :)
    Mav x

    Debt free and Mortgage free thank you to all for your encouragement and advice
    :j
    Crazy Clothes challenge £300/£48 and 5 months /0 without spending :T


  • credit_crunch
    credit_crunch Posts: 1,421 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I have just sold a sofa on eBay for £150. The person wants to pay by card over PayPal. Is this normal enough? I have asked them to view it first then pay etc..
    Never sold a collection item at this price before!
  • sophiasmum
    sophiasmum Posts: 761 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I tihnk so - just a pain for you as you will have to pay paypal fees? Rather than cash on collection.....
    (well done though - nice amount :) )
  • I have just sold a sofa on eBay for £150. The person wants to pay by card over PayPal. Is this normal enough? I have asked them to view it first then pay etc..
    Never sold a collection item at this price before!

    Personally i wouldn't take PP on a collection item, if selling a collection only item i always state in the listing cash on collection.

    Heard too many Item not recieved nightmare stories.

    I'd really try and push for cash.
    Build your own dreams ~ or someone will hire you to help build theirs
    £10 a day = £335.99 Road Kill Rebel #50 =12P
  • MuffinTops
    MuffinTops Posts: 2,477 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I've heard the same on them collecting and then filing a "paypal hacked" claim which PayPal instantly believe and refund until you can prove otherwise.

    It actually protects both you and the buyer if you make them pay cash on collection.
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