Craigslist - Final Results

Back on November 15 I posted about how I create a Craigslist post, and even gave an example to hi-light some of the points I made.  Then, a week later (on November 23) I gave you an update on how things were going.  I think it's a good time for a final check-in to see how things have gone.

• Triumph Bike Trailer Holds 2 Children - $55
  - Sold in 7 days, sell price $30 (54.5% of asking price)
• Summer Extra Wide Extra tall Bedrail - $20
  - Sold in 7 days, sell price $15 (75% of asking price)
• Combi Stroller - $55
  - Sold on December 19, 25 days - sell price $45 (82% of asking price)
• Wooden Radio Flyer Rocking Horse - $75
  - not sold, no emails/calls - dropped price to $45 since there are a lot of wooden horses for sale at Christmas time
• 1989 Honda Prelude - $1750
  - lot's of interest, several people have come by, continued to get intermittent calls and queries beyond the initial two weeks, and finally sold today after 29 days - sell price $1750 (100% of asking price)

That means a total take home of $1840.  4 out of 5 things have sold within the month.  Only the car had many calls/queries, and several test drives (and came with a few low-ball offers).  The rest of the items sold to the one and only interested caller.

We've put $1000 into our household account to pay for the upcoming yearly city utility bill.  Walter got $90 (I'll try to build in some spending/saving lessons with it).  The remainder we split between us adults to do with as we see fit.  I'll likely use mine for Christmas groceries and last minute stocking stuffers.

I have to say selling on Craigslist isn't always so successful.  It can take a lot of patience and waiting before you see results.

I'm actually feeling a sense of loss for the Honda.  It was the car Manuel drove me in on our first date.  I guess I was more attached than I realized!

Craigslist - Where I'm At 7 Days In

It's been a week since I placed my Craigslist ads.  I thought I would give you an update of where I'm at.

The list ended up being slightly different.  In my previous post on selling on Craigslist I had indicated a bike trailer, bedrail guard, foldable stroller, digital baby scale, and a folding dolly.  What I ended up actually putting on Craigslist was a bike trailer, bedrail guard, foldable stroller, wooden rocking horse, and a 1989 Honda Prelude.  I decided to hold on to the digital scale for now - it can be used for many things, such as fruit and vegetable weighing, and postal weighing.  The dolly will likely get advertised later on.  The wooden rocking horse has been sitting around taking up too much space for too long.  And the Honda?  It's been a great vehicle, but it really doesn't fit our lifestyle anymore.

So, what prices did I set and what results have I had?

• Triumph Bike Trailer Holds 2 Children - $55 - Sold in 7 days - sell price $30 (54.5% of asking price)
• Summer Extra Wide Extra tall Bedrail - $20 - Sold in 7 days - sell price $15 (75% of asking price)
• Combi Stroller - $55 - not sold, no emails/calls
• Wooden Radio Flyer Rocking Horse - $75 - not sold, no emails/calls
• 1989 Honda Prelude - $1750 - lot's of interest, several people have come by, no firm offers to date

To date I have earned $45.  That's $45 more dollars then I had a week ago.

Selling on Craigslist

On my last post I ended with a few things that still needed selling.  These included:

• a bike trailer
• a bedrail guard
• a foldable stroller
• a digital baby scale
• a folding dolly

Now, I've had some experience buying and selling on Craigslist and I peruse it quite a bit (I keep a running list of items that I'm interested in ... if the price, quality, and location are good).  I see a lot of good and bad ads.  All this to say I've developed some steps that I take when creating my own Craigslist posts.

1. Put together as many facts about the items as is reasonable.  Who makes it, model #, year made/bought/age, original price, dimensions (not everything needs this, but if you'd want to know others will too - especially true with furniture that people will need to place in their homes), weight (if important), materials it is made from.  You might not need all these details, but it's good to have them on hand.
2. Do some searching on-line to see if it is still sold new - if so, what's the price like now?  Does it seem popular?  Amazon reviews will give you a good idea what people think about your product.  Key phrases might pop up that you can use when writing your ad.
3. Next, e-Bay.  If you don't have an account with them consider getting one because this gives you access to some information that the average person doesn't get to see - what things sold for (and what didn't sell).  This is known as Completed Listings.  These completed listings often give you a good idea for a price range.  It will also give you an idea of which ads work better - style, layout, descriptions used.
4. Now, Craigslist.  See if your product is being posted by others.  What are they asking?  Is it similar to e-Bay prices?  (Note:  You could also look at Kijiji - I use Craigslist so I'm more comfortable remarking on it.)
5. Take a few photos.  Yes, you need them.  Would you buy something without seeing it?  If there are multiple ads (and there usually are), do you go for the ones with photos first?  Me too.  So, take a few minutes to take some shots of what you want to sell - a few overview shots, some close-ups.  Try different angles.  The most important point I can make here is to get rid of as much personal background/detail as possible.  You don't want people thinking "Gross, that stuffed toy looks like it's been kept in the filthiest garage I've ever seen!" ... you want them to focus their attention on the item you are selling.  I've even used bed sheets to create a plain backdrop.  If all else fails try to find an image from the store you bought it from and copy that into your ad.

Once I have done all these steps I'm ready to create my ad. 

Let's try these steps out with the first item on my list - the bike trailer.

Bike Trailer Ad

I bought this trailer a few years ago thinking I would bike around with Walter in tow like all the other parents seemed to be doing in town.  Except ... it didn't really happen all that much.  Maybe three times?  I just felt really nervous with my precious little guy behind me and all these vehicles rushing past me.  At the time we lived in an area nearer to secondary businesses which meant lots of truck traffic - these made me even more nervous.  Suffice it to say the idea was a bust (although Walter loved it - he asked to go out every day!).  I kept the trailer thinking that when we moved I would use it.  Our new neighbourhood is very hilly, and there are no nearby bike paths.  I'd have to drive with the bike and trailer, park, hook up the trailer, get Walter and myself all geared up and then finally start biking.  Ah, nah.  Instead, I traded my bike - which I never really liked - for a DSi for Walter.

OK, so what did I pay for it new?  I bought it at Walmart for around $109 ... say with tax $120.  It now sells for $104 with a current pre-Christmas sell going on for $50.  Ouch!  Looking at e-Bay I see a price range of 54-200+ ... but the 200 plus ones are way swanker than mine.  The 54-74 range are closer to mine.  On Craigslist the swanky ones are going for 200+ also.  Not much under 100.  Despite the sale at Walmart I'm thinking $55.  This will give some wiggle room for potential buyers to negotiate (everyone likes to shave off a few dollars).  I did do a couple of photographs of the box.  I confess to not taking it out and setting it up.  So, I copied the photo from the Walmart website (something many people do).  If I have time on the weekend I'll set it up and take some more photos to make it more authentic.

So here would be my ad:

TITLE:  Triumph Bike Trailer Holds 2 Children - $55

PICTURE:  I usually take a few photos, including the box, manual, and an overall photo

DESCRIPTION:

When our son was younger he wanted to ride in this bike trailer every day!  Although it can hold two children, our son always had his stuffed toys, snacks, and water bottle taking up some of the space.  Still, we could likely have put a few bags of groceries in there too!

Now that our son is older we've outgrown the bike trailer ... time for our son to have his own bike.

Our loss is your gain.

Bike trailer has been kept in pristine condition, in a no-smoking, no-pet household.  We have the original box and owner's manual.

If you are interested call, text, or email Louise (cell ###.###.####)
 ... cash only

That's it.  I made the ad personal - which tends to draw people in.  I'm a person, not a crook.  The item being sold is mine, it wasn't stolen.  I included details that made it seem spacious (it is), and that my child liked it (which was true).  Having the original box and manual makes it sound like I looked after it (which I did).

I'm going to put it up now.  I'll let you know if my strategy works!

Getting Rid of Clutter

Back in June I had a goal of participating in a boot sale (sort of a group yard sale) to get rid of things we no longer had any use for or had outgrown.  It didn't happen.  The boot sale was organized for every other Saturday during the summer season.  Every time a boot Saturday was looming I either got sick (or someone else in the house did), or we were away, or some other event got in the way.

Finally, a couple of weeks ago (well into the fall season) I talked with the owner of Walter's out of school care program (OSC) to see if they would be interested in any of Walter's clothes, toys, books, and DVDs.  Turns out they were interested in most things.  The other day I managed to load everything into the back of the truck and drop by the OSC, and yes, they did take almost everything.

I went back home and looked at what remained.  Boxes of cups, dishes, knickknacks, curtains and curtain rods, lamp shades, clothes, and miscellaneous toys.  I loaded these into the back of the truck and headed out again.  There were a couple of thrift stores in our town - one for a hospice and one for teens.  As I drove along I thought about simply driving to the garbage dump and just getting rid of everything ... because what if neither thrift store was interested?  I finally talked myself into driving by the hospice thrift store.  I had already read their website and knew that they took drop-offs at the back of the shop.  I drove around back and a nice lady told me to back it up and drop it off.  In the end there were only three things that they wouldn't take - a Bob-the-Builder pillow, a stuffed dog backpack, and some old ski boots.  I put the pillow and stuffed dog in the back seat of the truck, figuring they could be left there for travel times.  That left me with just the ski boots which I'll see if my friends husband will take (he takes sporting equipment, cleans them up, and re-sales them).

Yes, I could likely have made a few dollars with the boot sale, but in the end I just couldn't organize myself.  The pressure of all that stuff sitting in piles in the basement was getting to me, and donating took that pressure away and gave me a feeling of giving back.  Since I'd already spent the money on these items long ago the money was already gone.  The potential for getting a few dollars wasn't enough incentive for me - my time was more important to use in other ways.  I'm sure if we didn't have jobs with good salaries I would have been more committed to accomplishing this goal, but it obviously wasn't the money I needed.

I did keep a few things.

These were bigger things that I figure I can put on Craigslist (except for the car seat - I'm not sure what I'll do with that).

What do you do with things you no longer need or use?  Do you think it's important to make money on them or is donating a valid option?