New Challenge - Double Your Money!

nat21luv

I've done it!!

http://satinthemud.blogspot.co.uk/2013/05/onepoll.html

sugarwalsh

So, after a couple of days of no interest for my CS mirror I have had 2 people interested this afternoon! I bought it for £5, sprayed it (With spray I already had) and I have sold it for £12. Irritatingly/interestingly someone offered £15 after I had agreed the £12. So guess what I will be looking for on Monday...

carlymate

Hi!!

Been reading this forum for the last week or so and you have all inspired me so much!! So much that I decided to put a couple of things on eBay and sold a pair of shoes today that have been in my cupboard for ages (and only worn twice) for £13.50!! Not much but a good start!! Think I will save half and spend the other half on something else to sell on!!!

garyk1968

kendall17 wrote: »

Ibidder has killed an auction I used to go to. They used to offer a no deposit bidding system, so anyone could bid. Prices went sky high, I struggled to keep up most Saturdays, with just 5 or 6 people in the auction room and things going for more than the RRP.

It depends what you buy. If its all flat-packed furniture, then you have a chance in selling & couriering it to someone. After all, most major retailers charge a delivery fee (Argos £8.95).

I've strayed away from electricals, the printers I got first time out were a punt, I knew it and fell extremely lucky. Household items, toys and car items are the way forward for me I think. Although I haven't shifted any of the car stuff I got 2 weeks ago. May end up as a job lot on eBay or carboot.

Yes thats the issue Kendall. I guess if you aren't near an auction then you probably think ibidder is great!

My wife does quite well on boxed miscellaneous items. We are going away in October with some friends and thought we might want some holiday funds and so bought some mixed lots (sadly stuff from an old lady that had died) and you can sometimes turn up some gems. We had a number of clocks, carriage clocks, decorative clocks etc that we were going to sell at a car boot but put on ebay and they all fetched good money (30-40 quid).

Also research what you have. In that lot we picked up a panasonic vhs video recorder. So you think, ah VCR no one wants it car boot it for 3-5 quid. We looked into it, it was mint and in its day a very good model. We put it on ebay and sold it for £75!!!! 75 quid for a bloody vcr!!!

I would say visiting the auction is always better as viewing is normally the day before so it gives you time to have a good nose around, do some research and then bid.

Gary

Badsaver

I'm a bit scared of auctions... I've never been to one. I haven't got bags of money, and the big 'traders' vans outside the local one scares me a bit!

Gary - what sort of prices does your wife pay for that sort of stuff?
Are there different types of auctions? Ones for traders/big things and ones like the example above?

Well done Carlymate!

fairyclicks

Well done and welcome to the thread carlymate

great news on the mirror sugarwalsh

Badsaver - i'm in the same situation as you - scared of spending too much or not knowing what i'm doing!! Then again i do that on ebay anyway LOL!

After my last calculations depressing me quite a bit i realised i still have quite a lot of things to sell and they are all paid for with my sales so far, so anything made on them is pure profit (excluding ebay fees should i go that route) which reminds me its free listing this weekend which does help

I have also started a blog with some job lots detailed on there to sell to see if that works at all, and might even do myself a website for selling too I have so much stuff to clear out its hard to know where to start, but i will get there eventually

kendall17

Badsaver wrote: »

I'm a bit scared of auctions... I've never been to one. I haven't got bags of money, and the big 'traders' vans outside the local one scares me a bit!

Gary - what sort of prices does your wife pay for that sort of stuff?
Are there different types of auctions? Ones for traders/big things and ones like the example above?

Well done Carlymate!

Auctions are kind of daunting. To go in to a room of people and know that you will be competing against them is scary. Once you get your hand in the air and bid, it all comes naturally. There are plenty of myths about auctions, such as itching your nose can be taking as a bid. If the auctioneer thinks you have bid but isn't sure, he'll ask!

I started with £50, although took £100 as I needed that as a deposit. I always make notes on my catalogue of what I have bought, how much for and what fees i will pay, so I keep a track of what I have spent.

Miscellaneous lots are brilliant. People tend not to want them. I picked up a set of 4 grubby garden chairs, a wheel chair, folding zimmer frame and a couple of other bits for a fiver. Garden chairs went to the charity shop and sold the wheel chair and zimmer for £40.

I picked up some headlight bulbs, smoke alarm set and a salt crystal for £2.36. Sold the headlight bulbs and smoke alarm for £28.

There are many types of auction, from antiques/collectables to white goods to general sales of absolutely everything (Usually Costco returns etc)

Badsaver

kendall17 wrote: »

Auctions are kind of daunting. To go in to a room of people and know that you will be competing against them is scary. Once you get your hand in the air and bid, it all comes naturally. There are plenty of myths about auctions, such as itching your nose can be taking as a bid. If the auctioneer thinks you have bid but isn't sure, he'll ask!

I started with £50, although took £100 as I needed that as a deposit. I always make notes on my catalogue of what I have bought, how much for and what fees i will pay, so I keep a track of what I have spent.

Miscellaneous lots are brilliant. People tend not to want them. I picked up a set of 4 grubby garden chairs, a wheel chair, folding zimmer frame and a couple of other bits for a fiver. Garden chairs went to the charity shop and sold the wheel chair and zimmer for £40.

I picked up some headlight bulbs, smoke alarm set and a salt crystal for £2.36. Sold the headlight bulbs and smoke alarm for £28.

There are many types of auction, from antiques/collectables to white goods to general sales of absolutely everything (Usually Costco returns etc)

Thanks Kendall - are the auctions generally at the same place or do different ones do different things? I have one about 2 minutes down the road from my house!

kendall17

Badsaver wrote: »

Thanks Kendall - are the auctions generally at the same place or do different ones do different things? I have one about 2 minutes down the road from my house!

Different ones do different things. I live 20mins from a Monday auction, who 9 times out of 10 do a general sale, but every now & then they have a collectibles/antiques auction. Auctions are generally done at the auctioneers premesis, but say if it is an office clearance or liquidation of a company, then the auction may take place at their premises.

Have a look at the auction house's website 2mins away from you, see what sort of things are going through and at what prices ((if possible) or watch the auction online) If there's something that you want, see if you can leave a commission bid (where you dont have to attend to bid). Then if you win, try and collect the same day as the auction (whilst its on going) and sit in the auction room for 10-15mins, see how it all works, get a feel for things there & see if auctions are for you.

jay-jay

Hi can someone point me in the direction of a referral for bingo please, Thanks xx