Money selling concert tickets

monaghan_prints

I was thinking of experimenting in selling concert tickets on the side, do you reckon it's worth it and easy to do?

DS4215

You can make money doing this, but you can lose too. You have to pay upfront for your tickets and then only get your money back when they sell. You will pay for the ticket, postage and booking fee so will need to add a fair bit onto the face value to make any profit.

If they don't sell you are sitting on a large loss.

JamAtcha

I was considering this after making a tidy amount on the Michael Jackson concert which never went ahead.
The costs are there in paying upfront, booking fee, ebay fee if you are putting it on there and Paypal, so it would be worth calculating how much you would end with in the end.
My advice would be to look for the popular concerts that would be in higher demand, i.e Bon Jovi, Take That etc where your return would be significant enough after all the other costs and you could make a nice bit on the side.