Sunday, August 21, 2011

Classifieds listings without photos - bad for buyer = good for me!

DAY 5

I'm not sure what happened to day 4 - but let's just say it was a day of rest.

So a great score here came from another multi-item listing - the title of which was "TV unit, 2 cabinets, 2 shelves" .. by digging a little deeper I determined what the make and model of the IKEA furniture was (by the way, I'm not exclusively buying IKEA furniture but a) it's easy to price since they are common and b) lots of people own IKEA furniture and want to match existing items they have or c) they've seen said item in the store or at a friend's house and liked THEIR item)

This purchase was a bit of a risk since it was disassembled.. but the payoff was worth it in the end.

So bought a IKEA MARKOR TV stand and a Leksvik coffee table for $30 TOTAL.. that's right - TOTAL! This guy just wanted this stuff cleared out (did I mention anything about targeting people in apartments who don't have basements and garages to store stuff? note to self - write about this later)


Anyway - so lovely guy sells us his furniture for next to nothing. Here comes the interesting part.. we re-assemble one of the items to take pictures.. set it up in our living room and.. decide that we like it more than our existing TV stand! The is one of the great dangers of this project - the keeping of the things you buy. We took a quick vote on which one we prefer (sorry Luke) we decided to swap out the stands and sell the OLD one.


Old TV stand went up on the market, had tons of interest and sold that same evening... the only thing is - we weren't expecting to sell it so quickly so Geordie had to rush to unload everything out of the unit! :)  Oh well, at least our cabling got all sorted and cleaned up back there!

Summary

Purchased: $15
Sold: $100 (replacement stand)
Profit $85





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