Printable View
So an on-line auction just ended in which I had about 75 items, all things I got from doing cleanouts. Total items auctioned for $1,155.00 and they take 25%, so my cut is $866.00.
For stuff people were throwing away! I LOVE this business!
Some surprises and highlights:
pair of old brass fire extinguishers sold for $43.00.
microscope sold for $18.00.
kid's wagon $35.00.
sewing machine $20.00
microwave $44.00
Auction your stuff if you can!
Great Job Burly you made money while you were not even worrying about it.
Great job Burly! We just had an online auction house open up within 10 miles. Last week I unloaded $113 worth of stuff that was in my way. Now I want to round up some items for next week. :)
People love auctions.
Sometimes they get carried away and pay too much for stuff, just because they want to win.
Sometimes they get a steal of a deal.
All in all, my experiences have worked out well. You can't allow yourself to stress over the items you lose out on, (He only paid $X.XX for THAT?) vs. the items you make out on. (He paid HOW much for that piece of crap?) because in the end it is all about YOUR time and money. How much of both would it have cost you to get MORE out of an item than what you got?
Meantime, I've got another truckload I'm getting ready for the next auction.
ebay or other?
I used to sell alot of stuff at auction when I was buying storage units. That was before storage units started going for crazy money. I also used to curb shop and dumster dive and sell the things I found at auction, if they didn't sell or if the auctionier didn't want the stuff in his auction then I would scrap it. That's how I got started scrapping. My friend found a set of 6 cast iron frying pans in a dumster and sold them at auction for 65.00. Not bad for something someone threw in the dumster.
Sorry if I wasn't clear. There is an auction house near me that does on-line auctions. They have a LARGE regular following. As soon as their warehouse fills up, they have an auction.Quote:
Originally Posted by happyisthealero
The company is RJM Auctions in Plymouth Michigan. Here's a link to one of my items that sold.
R.J. MONTGOMERY & ASSOCIATES, INC
I run a lot of stuff through auctions as well. Even more so since it's gotten a lot worse as far as no shows, time wasters and low ballers from Craigslist.
Let the auction deal with those headaches and I'll keep on breaking down scrap.
Tell me if I have this right. You bring them the items. They sell them, ship and send you a check? What about unsold items do you have to take them back or do they go in next auction.
Your welcome for the tip ;).
I sell over 50 items a week on there.
No shipping customers picks up. Unsold items...it depends.Quote:
Originally Posted by Jonniebrass
Everything starts at a buck, so if it wont sell for that, do you really care what happens to it?Quote:
Originally Posted by Jonniebrass
I do this as well. Everything i pick up that is in decent shape I take to a consignment auction monthly. They unload my truck, sell everything, take 25% and mail me a check 2 days later. Most recently I took 4 lawn mowers, 4 golf club bags full of golf clubs, 9 bundles of shingles, and about 200 pounds of new rolls of alarm wire. All which I got for free, along woth some other random things and my check was $826.50. If yoy can find a consignment auction almost everything goes for more than scrap value.
To the guys that do this is there a minimum amount of items you have to give them? I may have to look into this. I have a few things that I put on craigslist for sale when I get them to work and it'd be great if I can just run them to a company and let them sell them for me.
I would imagine that it varies by company.Quote:
Originally Posted by 504Scrapping
The percentage they charge can vary too...the more you sell the lower the %%% in some cases.
Holy crap! $70 for a Eureka?Quote:
Originally Posted by BurlyGuys
Need to find something like this near me. That's 10x more than I could get on Craigs around here.
Thanks for sharing.
Thanks for posting this Burly. I am going to drop some stuff off at a consignment store that is close by where they sell stuff on ebay for 35% of sale and 25% if more than $1000. Hopefully it goes well.
I have since found a better auction house in Flint, Michigan. It is called Repocast. Much more friendly to sellers and they allow me to drop off stuff any time without an appointment. Repocast.com.
soo, what your saying is...someones eating off of something found in a dumpster......:)Quote:
Originally Posted by happyscraper
I consider myself a bottom feeder for auction sites. I go in and bid on a lot of things, but generally my numbers are low. I just hope to get lucky. I watch items from 4-6 auction houses by me on a regular basis. It's better than me buying lotto tickets.
Haven't tried to sell anything yet through any. I generally don't see the numbers I'd like, especially after they get you for the fee to put stuff into lots and take their cut off the top. I usually just do CL and see how things end up, I haven't failed to sell anything from CL (except an old twin bed and a desk that might go to the local)
picked up a nice network piece, a satellite dish, and some pewter for $4.00 plus taxes. We'll see how I do. Picking up tomorrow morning on my way down to the welding shop.
So, to follow up I went to the auction place to check it out today. They sell everything on ebay. They will try to sell anything that has a value of $200 or more. I went ahead and dropped off a Fiber Optic Cable puller valued at $400. Will let everyone know how it goes but, they said for an item like this one it may take awhile.
So these auction companies just list on ebay? Any in nc?
I want to thank Burly again for this post. I recently sold a vintage computer, monitor and keyboard for $260 and I got around $140. I got 3 more items listed and another 2 that will be listed. Im hoping to get 15-20 items listed (they have a $200 min per item) so, I can get a regular flow of income from them. Looking to see if there are other companies out there by me as well. Great resource.
No they have their own on-line auction.Quote:
Originally Posted by JunkLady
Plenty of places in NC that do auctions, online and off. A simple google search will give you plenty.
If I recall your out west, or central NC. There are plenty all around NC, unless your on a sandbar like me.
Sirscrapalot - Google is my friend...sometimes.
The auction house I use does it on ebay but, Im checking out another auction house that has lower minimums per item and they do ebay, amazon, and craigslist. Oh and excited just sold some fiberoptic equipment for $820, Ill probably see $500 of that. So glad I found these outlet for my stuff and also the swapmeet to get rid of stuff.
Swapmeets, an flea markets are awesome. I've said this before, glad to see someone else going that route.
Some folks like ebay, some auction houses, some cl, some yard sales an swap meets..I like them all(Cept ebay ;) ). Guess it don't matter long as you get rid of the stuff for a good price!
Nice score by the way Mr.sam.
Sirscrapalot - "What's the weather today ollie?" "It's hot!" - Family Guy weather an news guys.
Thanks,
we just went to the swap meet last week and sold lots of stuff. It was a medium profit day but, we figure it was kind of slow because of the world cup finals and it was a really hot day.