Selling Junk In The New Economy Could Make You Rich
In The Junk Business, Everything Old Is New Again
Selling junk in the new economy can be worth a great deal more than the measly $20 you got paid to haul it off because most things are worth something.
Once you have performed the clean service, you will have varying amounts of junk to haul off.
Scrap metals and stacks of old newspapers and magazines can be sold to the scrap dealers found in every part of the country.
You will find them online.
You don’t have to sell to these people.
Just take the scrap to them.
They will weigh it and pay you what it’s worth.
Old clothing and shoes can be sold without selling to the various used clothing stores.
You will find them online.
They only buy clothing by the pound but, you paid nothing for your merchandise, so the few dollars you get is 100% profit.
Electrical appliances, radios, TVs, etc. can be sold to used furniture stores.
They will also buy any used furniture, wall hangings, such as paintings, clocks, etc., floor coverings, carpet, throw rugs, linoleum, etc., and decorator pieces, lamps, figurines, ash trays, etc.
After you have hauled away the junk from a clean out job, divide it into categories such as, scrap, used clothing, used appliances, used furniture, etc.
Take only the scrap to the scrap dealer.
Take only the clothing to the used clothing store, etc.
Go in and ask the owner to come out and pick out what he/she wants.
Get paid for what they take, and move on to the next outlet.
Rural Money Tip: Never take the first offer except in the case of scrap metals, paper and clothing.
The used merchandisers love to haggle.
When they make their first offer, just shake your head no, and say, “it’s gotta be worth more than that.” and start getting ready to move on.
Then he will as, “How much do you think it’s worth?”
Give him a price three times what he offered, bay saying, “I though it would be worth about $___.”
He will think about it for a minute, and say, “No. I couldn’t possibly pay that much.”
You start getting ready to go again.
He will make a second offer.
You counter with a price half-way between your first offer and his second offer, by saying, “How about $___?”
Then, take his next offer, which will be pretty close to what he intended paying all along.
Because most of the places that deal in used merchandise make their money by buying junk, fixing it and re-selling it, they won’t care too much about the condition of the items you bring them.
And, the items cost you nothing, so you can afford to take anything you can get for them.
However, don’t take the better pieces of junk you get to these used merchandise outlets.
But better pieces of junk I mean anything that is usable just the way it is, without any major r epairs.
Actually, you will find that most of the big junk you haul away will fall into this category.
To get the most for your better pieces of junk, take them to your local auction house.
To find those auction houses, look online.
Telephone them and find out when and where they hold their auctions.
Also, find out when you have to have your merchandise there to be entered for auction.
And how much the auctioneer gets for selling your merchandise.
When you take your better junk to an auction house, you will realize a great deal more than you would by selling it to a used merchandise dealer.
Sometimes, you will even get more than those dealers would re-sell it for.
Again, you do no selling.
The auctioneer does the selling for you, and he will do his best to get the highest possible price, so his commission will be higher.
Another way to sell your junk items is at fleamarkets.
I don’t mean going out to a flea market, displaying your junk, and trying to sell it.
That could be a waste of precioius time.
To sell your junk at flea markets, all you have to do is go to some of the flea markets and get to know some of the people who sell at them regularly.
Then, make a deal with one or more of these people to sell your junk for you.
Just put a price tag on each item and let them keep 50% on each item they sell.
Of course, you keep a list of what items you leave with them and the marked prices.
When you come back to them, just have them pay you 50% on each item they no longer have, and pick-up the stuff that hasn’t sold.
It shouldn’t bee too hard to find any number of flea market sellers who will work with you on a 50/50 consignment basis.
It increases their economy without any out-front costs.
The more inventory they have, the more customers they can attract.
Rural Money Tip: Unfortunately, some flea market sellers are crooks.
So, always get the proper identification, home address, and have them sign a contract agreement like this:
I, the undersigned, have accepted the items listed below from (your name and address) on consignment. I promise to pay 50% of the listed price to (your name) on each item not returned to him by (date to be returned or paid).
Be sure you have complete name, address, telephone number, and identification printed below his/her signature.
In the “new economy”, you MUST have a website because websites are supposed to make money!
Click the link to get your website today.
Also, click the link to get your Estate Sale Contracts Kit by Tonza Borden that you can modify for any consignment sale.
Image by Steve PB