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Friday, August 7, 2020   

ONLINE AUCTION CORNER: Pay Off Debt with Your Clutter
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
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Scott Bilker

You know all the stuff thatís filling up your garage, attic, or shed? Itís the same stuff that you want to sell at a garage sale if you only had the time. Well, those unwanted items may be able to help you start reducing your debt today!


By selling it all at online auctions like eBay.com. Although I have been recommending doing this for years, Iíve only recently started selling my unwanted household clutter online. Itís really not clutter itís stuff I donít want anymore that other people might need.

Since Iím just getting started selling at online auctions Iím also going to start letting everyone know about how Iím doing it and how well itís going.

So far, itís going VERY well! Everything Iíve put online has sold! Iíve sold an autographed Norman Mailer book that my father picked up at the library discard rack and a digital voice recorder. Total sales, $56.00 for two hours of work--thatís $23 per hour for creating more space in my garage! Pretty good deal!

To make transactions simple, you can receive payment from your auctions through PayPal. They allow your buyers to use their credit cards to pay. Setting up an account with PayPal is FREE, however, there are modest transaction charges.

I've already auctioned off a Sony Handycam Video 8mm CCD-F33, videocamera.

How can you get started making extra money today?

Look through your house for items you believe may be worth selling. Items that you can probably sell for $10 or more.

Next, research the value of your item. Go to eBay.com and do a search for your item. Check the current items for sale and the completed items. Look at the prices that your item has sold for in the past so you can get an idea of its true sale value. Also, read what other people wrote about that item so you have a starting point for writing your advertising copy (fancy way of saying ďsales pitchĒ).

Keep a list of your items and read the next ONLINE AUCTION CORNER for more tips.



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