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Making Money From Craigslist.org

Discussion in 'Making Money' started by TheMatrix, May 27, 2009.

  1. TheMatrix

    TheMatrix BANNED BANNED

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    First off an introduction to craigslist.org, http://www.craigslist.org is a gigantic directory of things to buy and sell, services, jobs, and much more. It is the 17th most visited site on the planet. It originated in San Francisco but due to its popularity expanded to many of the major cities across the U.S. Think of it as an eBay minus the bidding, and minus the fees! It has a text-only interface making it fast loading and ad-free. Best of all there are no fees, it's free to buy and sell things using Craigslist.org.


    So you're probably thinking "ok that's great, but how do I make money using it". I use craigslist.org on a daily basis, this is one of the first things I do in the morning after I wake up. A lot of people use it to get rid of there "junk", remember the phrase "what's one man's junk is another man's treasure" well that rings true on a daily basis for me and soon for you!
    The section we are interested in is the "For Sale" section. So while browsing the "for sale" section, I already notice a potential good deal:


    [​IMG]


    [​IMG]


    So after contacting that person about the condition of the phones, I researched the selling price on eBay. You can do this by using the advanced search option and looking up completed items. At the time I noticed the average selling price for a used v600 was $190 each! At this point I am quite excited, 6 v600 at $275 would make them only $45 each, giving me a profit of $145 on each one! The great thing about craigslist is that it is local, you can meet up with the seller in person, so that's exactly what I did. I looked over the condition, (it was great), made sure all parts were there, common sense type checks. I asked the seller how she obtained these phones and she told me that her company was upgrading phones and that she would be getting more. I decided to buy the phones from her. After purchasing the phones I simply listed them on ebay. I sold the six phones and made about $800 profit.


    [​IMG]


    Now lets add this up, 5 mins. to find the item on craigslist, 5 mins. to research the item on eBay, 30 mins. to meet up with the seller, and another 15 mins. to list the phones on eBay. About an hour's work for $800 bucks profit, not bad at all. To add to this I bought about 50 more of these phones from the same lady and ended up making over $6,000 in profit after listing them on eBay for only a few hours of work!


    So go ahead get out there and try it yourself and with just a bit of effort you're bound to make some decent spending cash.


    Source: hxxp://w3.collegebusinessmen.c0m/?p=156

    Please add rep.
     
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    Last edited: May 27, 2009
  2. seikooc

    seikooc Regular Member

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    You can also go to garage sales every weekend and buy great deals and then list on eGay... Not BH but can make you some money... I think most people here prefer to work on the computer all day and market online, no actual sales..

    But glad to see you making money using that method :)
     
  3. kleg

    kleg Registered Member

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    I've used this method before and what's really good is that on cl, you find people needing money desperately, so they practically give shit away.
     
  4. Ichabod

    Ichabod Newbie

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    Yep, stuff works.
     
  5. nimbus49

    nimbus49 Elite Member

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    Yes, this all fine and dandy. I've been doing this for 8 years with CL, garage sales, etc. However, we are in a recession and eBay is not what it used to be. Just be careful, and get a really, really great deal on what you are buying!!
     
  6. Oblet

    Oblet BANNED BANNED

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    Asking for rep is a good way to lose it.
     
  7. edvoltage1

    edvoltage1 Regular Member

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    same old stuff. but it still works. especially if you need some fast cash.
     
  8. jetti789

    jetti789 Junior Member

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    It's a good idea.

    One question: How come the date for the listing of the phones is 2006?
     
  9. bask3tboll

    bask3tboll Newbie

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    because that is an example from 3 years ago. Its not as easy as that. There are very rarely deals such as this one where you can make that kind of money. Once you calculate the shipping ebay and paypal fees into the equation, it is hard to make money by buying from craigslist and reselling on ebay, unless it is something you can repair and sell working.
     
  10. crisis23

    crisis23 BANNED BANNED

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    look at the Craigslist Date post on the motorola its 1/05/2006??

    2006???
     
  11. krm25

    krm25 Junior Member

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    hehe yes it is:))
     
  12. jakeumms

    jakeumms Regular Member

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    Great post! Make more money from CL the way it was intended than using it the way it wasn't.
     
  13. Oblet

    Oblet BANNED BANNED

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    Whoever the two are who negative repped me for my post, that's priceless :D

    Sorry. Please give me rep if you liked the OP's post.
     
  14. hma5150

    hma5150 Junior Member

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    Theres a whole ebook on this from ebay. This is actually from the ebook itself. I have it, ill see if i can find it.

    I do remember using this method it did work when i tried it, but only thing is that it did take more time then mentioned.
     
  15. gun-shy315

    gun-shy315 Regular Member Premium Member

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    This whole method of the OP's is from what was the top selling ebook on ebay. He copied it word for word and even used the same pictures right out of the book. Then he ALMOST started to come clean...but not really. It was written by that Hawain kid who was always shown standing on the beach with his girlfriend. I'll give you a chance to explain yourself OP before I go any further.

    EDIT: My bad, just read through the thread again. He DID NOT almost come clean. Freaking Hilarious. Do you really need "thanks" that bad?

    gun-shy
     
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  16. hma5150

    hma5150 Junior Member

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    Yeap it was that hawaiian kid and his chick on the cover, only thing is OP is saying he got it from another source which is probably his blog
     
  17. Moto801

    Moto801 Senior Member

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    lol, 6 phones for $275 that are worth almost $1200... good luck finding deals like this.

    Even if you do find a deal like this.. there will be people all over it before you can even reach them to buy it.
     
  18. gun-shy315

    gun-shy315 Regular Member Premium Member

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    What he doesn't say though (OP) is that it's literally word for word right out of the ebook. He even used the same pics. Deceiving and lame at best. Maybe I'll go cut and paste some ebooks, put a small disclaimer at the bottom of my post, and ask for rep. I'm sure he's going to say "I put "source" at the bottom of my post so..."


    Anyhow, not cool.
     
  19. hma5150

    hma5150 Junior Member

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    well the ebook used this as an example and not an actual method, those motorola v600's are from 2002,

    The actual method was just looking for cheap shit on craigslist and or lowballing people, and then flipping it on ebay fora higher price.

    I did it it worked but it was time consuming...
     
  20. Moto801

    Moto801 Senior Member

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    Yes, I realize this.. in fact I've done this a few times with cars on craigs list that needed work..

    The point I was making is a deal like the one in the OP is very very hard to come by. This makes it seem a little deceiving to people that it could be this easy.

    Low balling people on craigs list can work, since most people just need the money so bad.. which is why the list on craigs list for a quick sale. However, it takes a lot of work and research and commitment to make it worth it.