So you love to play video games. You also love to make money (that is why you are here!) You want to get paid to do it. It is easier than you think, with some simple steps and a little patience. It breaks down into a few simple steps.
-Find a bundle deal on Craigslist or your local Facebook group. A bundle deal is video games with the console and some accessories.
-Sell off all of the items in the bundle you are not trying to add to your collection.
-Enjoy your cost free gaming!
First, look at the local Craigslist ads or Facebook groups. You are looking for the words “Lot”, “Bundle”, or “Games”. If you are looking for a specific title, you can search for that title instead. Determine whether you can make money on this bundle at that price while keeping the games that you want. Video games are fast sellers, especially newer titles and consoles (defined as XBOX 360 or PS3 or newer). You are going to use the lowest price on Amazon as your calculation point. Assume that you are going to lose about 1/3 of the cost to fees. All you need to do is to break even, but of course the more money you can make the more money you can put directly into your pocket!
You do a simple comparison. Use the lowest price of everything you can sell, and multiply by 2/3’s. If that value is higher than the price you can negotiate on the bundle, then go ahead and buy. Things to keep in mind:
When you sell the console, you should include one controller, the charger, and the cables to hook it to the TV.
The games might be scratched, so inspect them carefully before you buy. Light surface scratches are ok, but anything more than that you will need to pay to get them professionally refinished. That will run between 1-3 dollars per disc.
Once you find a bundle, you should contact the seller. One thing I’ve learned over time was that your first offer should make you feel slightly embarrassed. I usually offer somewhere between 50-60% of the asking price. Make sure to mention that you can bring cash and pay them today. Don’t be surprised if they say no at first, just be polite and ask them to keep you in mind. Often they will contact you back within a day or two. If you don’t hear from them, email them back a little later and ask if they still have it available. Between no shows and people not needing or wanting everything that is in the bundle, they will often still have the bundle available. Don’t worry about missing out on a particular deal, there are new ones every day.
When you go to pick up the bundle, make sure you inspect the items carefully. Do not feel pressured to buy if the items are not pristine. Have them turn it on for you, if you are comfortable going to their homes. Remember, you are not obligated to buy anything.
What you are going to do is keep the pieces you want, and sell off all the pieces you don’t at enough of a price difference to pay for the entire bundle. Every part of a video game system is usually easy to sell, especially the newer models. Xbox 360 or PS3 or newer.
My favorite way to sell them is on Amazon. You can sign up for an account to sell on Amazon in about 5-10 minutes. You do not need a pro-seller account, which makes listing your items free. The difference between a pro-seller account and a free account is an additional one dollar fee per item. If you are selling more than 40 items per month, then you should sign up for a pro-seller account, as you will break even.
Keep in mind that almost everything gaming related can sell, and you do not have to settle for the lowest price. The chargers, the controllers, the cameras, the headphones, and the games can all be sold separately.
You want your money back quickly, so the simplest way is to just match the lowest prices on Amazon. List them on Amazon, and write a good description. Read the condition guidelines, and make sure you are following them. Make sure you are on the right listing, especially on consoles. There are different versions of most gaming platforms, and a few minutes of research will show you which is which. This may sound intimidating, but it is really very simple.
Read the descriptions of the people you are competing against. Especially at the lowest price, people often do not take the time to write a good description of the condition. Use their laziness against them. Use a better description, and you can demand higher prices!
There are different versions of most gaming platforms, and a few minutes of research will show you which is which. This may sound intimidating, but it is really very simple.
When the customer orders your items, you will get an email. Package the item the way you would like to receive it, safe and pretty. Once the orders are in (remember that you will lose about 1/3 of the cost in fees), you will get paid every two weeks from Amazon. Sit back and enjoy all of your free games!
This is a very simple way to expand your gaming collection exponentially in a very short period of time. Have fun, and Happy Gaming!
-David Manning @ AmusingTreasures.com