Can selling on eBay turn into a full-time job? Find out how to sell and make money before your next move.

Table of Contents:

How to Sell and Make Money on eBay Before Moving Home

Tips for Selling on eBay Before Moving Home

Price items well for more profit.

Find things to sell on eBay.

Choose the right way to sell.

Consider offering a fair return policy.

Package and ship items properly for your customers.

Frequently Asked Questions (FAQ)

What can I sell on eBay to make money fast?

Is it profitable to sell on eBay?

What sells for the most on eBay?

How much can you make on eBay before you have to pay taxes?

How do you sell on eBay for Beginners 2022?

How long does it take to start making money on eBay?

What percentage does eBay take?

Do you need a license to sell on eBay?

How many eBay listings do you need to make money?

How much does an eBay store cost per month?

Can selling on eBay be a full time job?

What is the most profitable thing to sell?

What should I not sell on eBay?

How to Sell and Make Money on eBay Before Moving Home

Are you planning on moving in the near future? The more items you have to move, the more expensive it will be to relocate. Packing will take longer if there are additional items to consider just to shove them in a closet the second you move in. Because of this, you should get started on the pre-moving purge process right away. While some of your belongings will almost certainly wind up in the donation bin, others that are more valuable can be sold.

Tips for Selling on eBay Before Moving Home

Newbies regularly ask for suggestions on how to speed up the process of selling on eBay. At times, it might be tough to navigate the eBay marketplace. If you’re just getting started on eBay, it’s a good idea to take your time, study up on the rules, and familiarise yourself with the pricing structure before diving in headfirst. To assist new eBay sellers, here are a few pointers.

Price items well for more profit.

Before selling anything on eBay, make sure you know how to price it. Inexperienced sellers often make the mistake of looking at retail value, active eBay listings, or the price someone paid for an item recently or years ago.

An item on eBay is only worth what someone is willing to pay, which is the essence of an auction. Look at completed listings, which reveal historical sales data, to see what eBay customers have already paid for things identical to yours (not asking prices). It’s comparable to real estate in that a realtor values a property based on what similar properties have sold for, rather than what someone is asking.

Find things to sell on eBay.

You don’t need to buy anything for eBay because you already have a lot to sell. You just don’t know which of your possessions are worth something on eBay. Begin by walking room by room around your house and searching up items on finished listings. Look everything up, even if you don’t believe it’s valuable. You’ll be surprised! The following are some instances of products that have worth on eBay yet don’t appear to sell for much:

• Pot lids and pan lids
• Perfume bottles that have been emptied (people collect them or use them for home decor)
• Craft supplies of any type (sewing, scrapbooking)
• Watches and jewelry that have been broken (people buy them for parts)
• A pair of pantyhose (used for crafts, gardening, computer fan covers)
• Printer cartridges that have run out of ink

The list goes on and on. Select things that will sell for under $50. You don’t want to be a victim of a scam because you’re a new vendor. Because you’ll be learning how to ship, respond to customer questions, and manage your seller dashboard, it’s better to start with low-cost products. Additionally, select things that are simple to mail. Breakables, especially oversized items, and anything with several parts should be avoided. While you’re learning, keep things simple to start.

Choose the right way to sell.

Is it better to have an auction or a set price? Which is the superior option? To be honest, it depends on who you ask. Each has its own set of benefits and drawbacks. Auctions aren’t what they used to be on eBay, so start your auctions at a reasonable price, even if you just receive one bid. Fixed-price listings may take longer to sell, but you may typically obtain a better price if you wait for the right buyer. Learn more about which listing type is best for your eBay business based on the benefits and drawbacks of each.

Consider offering a fair return policy.

Many new sellers are hesitant to give a return policy, but under the eBay Guarantee, all sellers are required to do so, whether they like it or not. eBay wants shoppers to feel secure when they shop on the site, so they promise a refund if an item isn’t as described or doesn’t arrive. As a vendor, you want to surpass the competition and persuade a buyer to pick your listing over the others. For a variety of reasons, a reasonable return policy accomplishes this.

Sellers with a 30-day or more extended return policy on eBay are given a boost in search results. As a result, if you have a 30-day return policy, you will be ranked better in search than a seller who does not. Buyers seek sellers that provide a return policy since it establishes confidence. Sellers who refuse to accept returns may be perceived as shady, dishonest, or unfriendly.

Package and ship items properly for your customers.

Packaging is one of the most common stumbling blocks for novice sellers. With effort and patience, anybody can develop this ability. Thankfully, YouTube has dozens of lessons showing how to send various products using unconventional materials such as pool noodles and egg cartons.

Frequently Asked Questions (FAQ)

What can I sell on eBay to make money fast?

One way to find out what’s hot in the market is to look at what’s trending on eBay. To find out what buyers are searching for, you could search best sellers on eBay on their analytics page.

In addition to seasonal trends and historical data, Google Trends is a handy tool. In order to determine the best time to market and sell your products, you may use this tool to gauge demand from potential customers. Let’s say you’re looking to sell some snowboards and related items like boots and helmets. Google Trends shows a spike in web searches for “snowboard” between late November and early December.

Is it profitable to sell on eBay?

If you want to start selling on eBay, you’ll want to be at least profitable. To make eBay selling worth it, you’ll need to sell stuff on eBay for more than you paid for them. You can do this by a fixed-price listing or through eBay auctions. There are 183 million people looking for eBay purchases, so you’ll just want to ensure your eBay listing stands out and is fairly priced to be profitable and sell quickly.

What sells for the most on eBay?

Some categories on eBay have been holding their title as some of the best items to sell on eBay. Topping the charts is mobile accessories. According to Statista, eBay’s mobile market is set to grow to 74.43 billion by 2026.

How much can you make on eBay before you have to pay taxes?

You’ll receive a tax form 1099-K for your transactions if you’ve sold at least $20,000 in gross merchandise value and completed more than 200 transactions for products and services selling on eBay. You’ll need to declare this revenue to the IRS. If you obtain a 1099 tax form, you must report that income to the IRS since the firm from whom you received it already has a record of it.

Thanks to a clause in the newly adopted American Rescue Plan Act, you’ll receive a 1099-K after you’ve sold $600 starting in 2022. So, after your eBay deals hit $600 in 2023, you’ll have to account for them on your federal income tax.

How do you sell on eBay for Beginners 2022?

If you want to learn to sell on eBay for beginners, you’ll need to follow these simple steps to start selling on eBay.

1. Create an eBay account and a Paypal account.
2. Find your first product to list on eBay for sale.
3. Take photos of what you want to sell on eBay.
4. Create a description using keywords and details to help you sell on eBay faster. Keep it accurate and ensure there are enough details that the buyer can quickly identify the benefits.

How long does it take to start making money on eBay?

eBay online services work relatively quickly. You can start making money instantly once you find things you can sell to make money. Once an interested buyer has purchased your item, eBay will deposit the funds in 1-3 business days.

What percentage does eBay take?

When it comes to selling on eBay for beginners, there are a lot of hidden charges. You might lose money on products you believe would make a profit if you are unaware of them.

A portion of practically all sales is taken by eBay, ranging from 1.5 percent to 15 percent. They’re calculated as a percentage of the total cost billed to the consumer. This includes the item’s price, delivery charges, and any applicable sales tax. (There is one exception: If the buyer selects international or 1-day delivery, you will be charged as if the shipping cost were your cheapest domestic option.) Then there’s the question of whether you have an eBay Store and what category you’re selling in. For example, eBay will take 12.85% on watches but 3.5% on guitars.

Do you need a license to sell on eBay?

eBay does not require any of its users to have a business license, but if you have an eBay store, you will almost certainly need one, depending on your local government’s legislation. A seller’s permit is required if you want to acquire bulk products and resale them on eBay. If you don’t have this permit, you’ll have to pay sales tax on wholesale purchases.

How many eBay listings do you need to make money?

Selling items on eBay can quickly turn into a side hustle if you’re a thrifter or someone who has plenty of antiques to sell. You can begin to make money after selling your first item. eBay top sellers will typically have 300 or more listings, so you’ll need to beef up your offerings if you want to turn this into a full-time gig.

How much does an eBay store cost per month?

There are five different tiers that will change the price of your monthly eBay store cost. You’ll also get a bit of a break on your eBay USA store if you pay annually. However, if you pay monthly, these are the costs for using the store to begin selling things on eBay.

1. Starter: $7.95/month
2. Basic: $27.95/month
3. Premium: $74.95/month
4. Anchor: $349.95/month
5. Enterprise: $2,999.95/year (monthly not available).

Can selling on eBay be a full time job?

For some people, selling stuff on eBay is a part-time interest or a ‘side hustle’ that allows them to supplement their income while also getting rid of unneeded things. Selling on eBay can even turn into a full-time profession. While being an eBay seller full-time is appealing, it also has a number of drawbacks. Make sure you do your homework before making a final selection.

eBay and its ever-changing (and, for the most part, unexpected) algorithms, regulations, and processes is one example. Some professional eBay sellers express boredom, citing the necessity to package and send hundreds of products each week as an example. Others thrive on it. You’ll have to weigh the pros and cons before turning selling services on eBay into a full-time gig.

What is the most profitable thing to sell?

Mobile phones and accessories are best-selling items, such as silicone covers, tempered glass screen protectors, and in-car iPhone holders. The iPhone is the most popular brand, and as a result, iPhone accessories are some of the most popular items on eBay.

What should I not sell on eBay?

There is a long list of prohibited items from eBay com selling. Some of those include adult-only items, drugs, firearms, postal items, lock-picking devices, or hazardous materials. Selling items on eBay is a great way to build wealth around your real estate goals. Using Richr’s home solutions is your next step to protecting your finances when you buy or sell a home, offering cash incentives and commission breaks. Make money on your next real estate purchase by exploring your options with Richr.