Well Kept Wallet RSSWell Kept Wallet FacebookDeacon Hayes TwitterDeacon Hayes PinterestDeacon Hayes Google plus Well Kept Wallet Press appearances



How to Sell Stuff on Craigslist Fast!

By on May 18, 2012 in Extra Cash, Selling Stuff | 5 comments

Craiglist logoLast night I decided to sell my old cell phone on Craigslist and I didn’t want to wait a couple of weeks to get rid of it. So I implemented the following steps and I was able to sell it within 2 hours of listing it. Here is how to sell your items on Craigslist quickly and at a decent price.

Tips to Sell Items on Craigslist Quickly

Determine the market price

I usually go to Ebay and check the ‘completed listings’ because this will show you what has actually sold and for how much. This will give you an idea of what the demand is for your particular item. If there is no demand then your item will not sell fast.

Price it right

On top of checking Ebay, I will see what prices the item is listed for on Craigslist within the past couple days. This is what other people will be looking at who want to buy what you have. Then I would price it competitively to be slightly less than one in a similar condition. For instance, there was a phone on there for $240 so I listed mine at $220. Remember, just because something is listed at a certain price, doesn’t mean somebody will get that price for it.

Be willing to negotiate

You must be willing to negotiate otherwise you may end up stuck with the item that you are trying to sell. Plan to sell your item for 10-20% less than the list price. I listed my old phone with the idea that I would sell it for $200. One of the first things the buyer asked was what my lowest price was. I told him that I just listed it and the lowest I could go was $200. He bought it and did not even try to negotiate any lower.

Describe the item in detail

Have this question in mind when you list the product, “What would I want to know if I were buying this item?” Here is my answer to this question:

Condition: Does it have any flaws, damage, and is it fully functional?

Specs: What are the specific characteristics? In my case last night, I listed the screen size, storage capacity, processor speed, how many mega-pixels the camera was, etc.

Accessories: What comes with the item? Listing the accessories is important because it could be a reason someone buys yours over a competitors.

List a Reason: What is the reason you are selling it? This does not have to be long. One sentence should do. This way people know the “why” behind the listing and they will be more comfortable to give you a call.

Telephone Number: You must list your phone number to sell it quickly. I actually don’t even contact people with just an email address. Often times those are scams or marketing ploys to get your contact info. Also, use the digits like this: 602-555-5555. Don’t do this: Six 0 Two 555- 555Five. This is annoying because often I like to call from my cell phone. if done right, I can just touch the number when I see the ad and it instantly places a call. If you list it the latter way, this is not possible.

Special Features: Is there anything about this item that is different from others listed? If there is, make sure to put that as well. This could be the difference between someone buying yours or another item they find.

Pictures: I am very leery of an ad that does not have any pictures. I am also not fond of ads that post pictures found on the internet, instead of posting pictures of the actual item for sale. You might sell your item with somebody else’s pic, but probably not quickly. So take good pictures that are clear and that show all the accessories that go with it.

Have you sold anything on Craigslist fast? If so, did you do anything different from what I described above?

    5 Comments

  1. Great tips! I can’t believe how quickly we’ve sold stuff doing these things!

    Kimbernator

    June 15, 2012

  2. Wedding dress for 150 it’s been cleaned and restored already.

    Rita Johnson

    February 5, 2013

    • That is great to hear Rita! Way to get some money out of a dress that would otherwise just hang in your closet.

      Deacon

      February 5, 2013

      • Deacon, excellent advice. The only thing I would add is to always keep safety in mind. Meet the seller or buyer at a public place, never at your home (if possible). Also it’s always good to have a family member or friend with you.

        Steve Economides

        December 2, 2014

        • Thanks Steve! I agree, it is definitely a good idea to have someone with you when you go to check something out on Craigslist.

          Deacon Hayes

          December 8, 2014

Trackbacks/Pingbacks

  1. How to Get Out of Debt Fast | Axe Debt - [...] drawers, closets or wherever you have items that you can sell that you never use. List them on Craigslist …
  2. 10 Ways to Earn Extra Cash - […] the item in the past year, it is time for it to go. I use Ebay for small items …
  3. Sell Unused Items to Pay Off Debt - […] may be many items that wont bring much money at all. Use Amazon, Craigslist, and Ebay as a way …

Post a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>