For those eBay nay sayers.....

Joe777Cool

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Ive donated $270 to ebay in the last two months. I don't get the discount so that is 10% of my sales. ITs high but without using ebay, I wouldn't have sold even half of what I did.
 

I have a store, actually 2. I get bad mouthed from people who hated selling on there or got burned. Or had a bad experience.

With all the negativity that everybody has you really have to look at the positives. I get to spend every single morning and afternoon and night with my kids. I don't have to travel for work other than going out looking for stuff on Friday and Saturday. I don't sit anywhere all day long waiting for people to come into my shop. I never have to pay for advertisement. I don't sit outside all day long at the flea market sweating my butt off! And probably the biggest benefit of selling on eBay versus having a store is I don't have to pay any employees or health insurance to them.

I could probably list a thousand things on here as to why had rather have an eBay store then sell stuff in a regular store any day the week. September through January says it all!

7 years of selling on there and never once did I wish I had my own store in a building. Although I may have to get my own storage locker to store my junk!
 

I received my invoice for last month. Now that I have a store and recently became a top rated seller, my fees for the month totaled 5.71% of my sales. That includes the store monthly fee, final value fees, and all listing fees (but doesn't include paypal fees).

You can't beat that.

Ditto that
 

I have a store, actually 2. I get bad mouthed from people who hated selling on there or got burned. Or had a bad experience.

With all the negativity that everybody has you really have to look at the positives. I get to spend every single morning and afternoon and night with my kids. I don't have to travel for work other than going out looking for stuff on Friday and Saturday. I don't sit anywhere all day long waiting for people to come into my shop. I never have to pay for advertisement. I don't sit outside all day long at the flea market sweating my butt off! And probably the biggest benefit of selling on eBay versus having a store is I don't have to pay any employees or health insurance to them.

I could probably list a thousand things on here as to why had rather have an eBay store then sell stuff in a regular store any day the week. September through January says it all!

7 years of selling on there and never once did I wish I had my own store in a building. Although I may have to get my own storage locker to store my junk!

Your available market is what it's all about. The rest is just a bonus.
 

Beachkid.....if you are that involved in ebay, can you get a tax writeoff for using your home as a business? Just curious.
Hi Bum....how the Packers gonna do?
 

Beachkid.....if you are that involved in ebay, can you get a tax writeoff for using your home as a business? Just curious. Hi Bum....how the Packers gonna do?

Your room maybe. Phone and the stuff you buy. I don't know it's pretty tough to get your room I'm not even really sure how it works as far as claiming your bedroom or whatever we just have a tax accountant that does it for us.
 

Writing off rooms of your house on your taxes is a good way to ensure audit.. It is one of the red flags IRS looks for.
 

I live rurally in a fairly small town surrounded by mostly other small towns and ghost towns, including one called dimebox that is literally like 200 people total lol, most big farming families. There is only one pawn shop in town and a few gold and silvers around that come and go, seems like one is always shutting down then another opening soon after.

But anywho i use ebay for the buyer availability market and fair price. I had a nice guitar soem time ago for instance that this pawnshop was only willing to give me 50 bucks for, and could find no other buyer here. Got almost 300 on ebay about 250 or so after all the fess which was fine with me. Selling anything around town is a rip off seems like anymore if i even can, so for my case even though the fees are a pain ebay is the way to go for obvious reasons.
 

I had a lawn mower I was trying to sell. Had it listed for $800 locally for months and didn't get anywhere. I put it on ebay and sold it two weeks later for $1300. Of course, no shipping, they came and picked it up. Yes of that $1300, $130 went to ebay but considering I couldn't sell it locally for $800, the expanded available market via ebay is well worth it.
 

Beachkid.....if you are that involved in ebay, can you get a tax writeoff for using your home as a business? Just curious.
Hi Bum....how the Packers gonna do?

Favre is headed for the Hall of Fame.

Da Pack has a healthy superstar Aaron Rodgers, and will again be the favorite to win the NFC North. They have also improved their running game, and this could be the most balanced and explosive offense they have put on the field.

Defense; Pass rushers Peppers and Clay Matthews (my favorite) are an awesome pair.

WalterFootball.com says this:
The Packers won the NFC North in 2013 despite not having Aaron Rodgers around for half the year. It's difficult to see them squandering the division title if Rodgers manages to play the whole slate. Green Bay is easily one of the favorites to win the Super Bowl.

I'll be watchin them.
 

For all the negative things that I hear about ebay:

Local auction houses charge 30% on bigger items, and up to 50% on smalls.
Local estate auctioneers charge 10% to 20%, but you have to have an entire estate to sell. Advertising costs are paid by the seller.
Local estate companies charge up to 30%, I am told, for whole house estate sales.
Indoor Flea Market booths run about $160 a month, sometimes more.
Antique malls charge $80 a month for a locked showcase, PLUS 10%-12% commission, and if the buyer uses plastic to pay, add another 3% charge to the item.
One antique mall charges 50% commission if you want to put anything in their consignment area, but you must already be a vendor there with an $80 a month showcase or a $300 a month booth.
One indoor flea market charges 30% commission for their consignment area, plus $1 a month, but you also need to be a vendor there at $160 a month.

There is also Craigslist, which is free, if you like trying to meet up with someone, and IF they show up, you stand there while they try to beat you down to $20 for a $200 item.

Relatively speaking, ebay is a bargain in the big scheme of things.
 

Your room maybe. Phone and the stuff you buy. I don't know it's pretty tough to get your room I'm not even really sure how it works as far as claiming your bedroom or whatever we just have a tax accountant that does it for us.
Unless you are a legally registered business, by that I mean a corporation or LLC or what have you, you can't claim anything. You have to be a legal business first. You can claim certain expenses from a home office or home based business. I do every year.

Home Office Deduction

Publication 587 (2013), Business Use of Your Home
 

I've been meaning to ask this ... at what point do you move from no store to a store? I've used the app they have, and every time it tells me not to get a store. I don't sell a consistent amount of stuff. Two weeks I had great sales. This week and the next two will be dismal because I am not planning on listing too much.

That said ... I am literally drowning in costume jewelry and I have either got to throw this stuff away, sell it in a lot, or just get myself in gear and start selling.

So what prompted you to get a store?
 

I got a store when my monthly sales were high enough to justify the lower % taken from sales for having a store. Without a store it is a 10% FVF. With a store 9% is the highest. (varies depending on category) So basically I felt if I do over $1600 in sales a month the store would be worth it. (1% of $1600 is $16, the monthly cost of a store for a 1 year subscription) Of course this doesn't factor in the 150 free listings which I have been using all of for the last three months.

Also if you sell a lot of items in the lower % categories a store would be much more desirable. I think electronics and gaming consoles are 4%, not sure I haven't looked at it in a while.
 

mugs - its all about the $ amount of your sales. A store is $20 a month, but it reduces my final value fees on coins, my main seller, from 10% to 6%. So if I sell over $500 in a month I save money. One unintended result, and a positive one at that, is I find myself listing and selling more stuff because I dont want to waste the $20 each month.
 

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