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How to Find out if Your Item is Worth Selling on EBay

Member
By harrylongbaugh
User-Submitted Article
(3 Ratings)

Everyone seems to think they have the greatest treasure that will make them rich if they sell it on eBay. Some are right and some are vastly overestimating the worth of their items. Here's how to find out if what you have really is such a treasure.

Difficulty: Easy
Instructions

Things You'll Need:

  • Internet Connection
  • EBay Account
  1. Step 1

    Do a search for similar items on eBay. You should see lots of items like yours, being offered at various prices. Some people will be selling with "Buy it Now" prices. Other people will set reserve prices on their auctions. Many will just set a starting bid price and let it go.

  2. Step 2

    Now that you have a list of similar items, look to the bar on the left side of your screen. Under the category "Search Options," there is an option that reads "Completed Listings." Click on the box. Then click the button that reads "Show Items." This will give you a new list of similar auctions that have already ended.

  3. Step 3

    Do a quick scan to see what other auctions have sold for. Their selling prices will be on the right side of the screen. If the price is in green, it sold. If the price is in red, it did not sell. If the green prices are all pretty consistent, then you have your answer. If there are a couple of outliers, click on them and look to see what's different. Some auctions will sell better because they are in better condition. Some sell lower because they are in bad condition, unworking or missing parts.

  4. Step 4

    Look at where others are starting the bidding. Some items actually sell better with a "buy it Now." Most of the time, Auctions do much better with a low starting price and no reserve. This is risky if you're afraid of letting it go at a low price, but eBay bidders tend to get more invested in an auction with a low price and will bid it up high. Most items sell really consistently on Ebay. If you see a difference in consistency between the selling prices for auctions and "Buy it Now" listings, pay attention to that.

Tips & Warnings
  • Be honest with yourself about the condition of your item.
  • Just because there are no similar items on eBay does not mean your item is rare and even more valuable. It most likely means that no one on eBay is even looking for it.
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