Making extra money on flea markets
is easy. It’s so easy in fact that many people are making a living off of them. Anyone can do it and all you need to do is, the right mind set, some free time on weekends, imagination and a computer with Internet connection.
This guide is for people that need extra income and who are not ashamed to get down and dirty and have a couple of hours of spare time on weekends.
With the economy the way it is, people need to diversify. Meaning, creating several income sources for them self’s. Diversification is not just for corporations to go after different products or markets, but for the everyday Joe too. Some are taking on second and third jobs and some gets more creative and look for other sources.
The reason for extra money can be to pay your bills, repair your relationship with your spouse, going on vacation, etc.
Flea markets, (called car boot sales in the UK) are an excellent source for extra, cash income.
Some one’s junk is some one’s treasure they say and that is exactly what making money on flea markets is.
People offering their junk to others for a very low cost.
Me and my wife don’t drink or go to pubs. We rather go to flea markets to “spend” our money and we go every weekend if the weather allows.
Yesterday we went to two of them and this is what we’ve bought. A Nokia N95 8GB mobile phone that had the battery and the battery cover missing, for £5 pounds.
The seller was asking £5 pounds, but since the missing parts, I was trying to get her to sell i to me for £1 pound, but she would not, because her husband had told her to get £5 at least.
So, while I was haggling with her, her mobile phone rang really loud and I’d mentioned this to her and she said, “it’s the same kind she was selling and this was her previous phone”. I asked her to take the battery out of her new phone and insert it into the one she was selling since it was the same phone and see if it would work. She thought it was a good idea and did it. The phone turned on and the screen display was perfect. So, I offered her £3 pounds but she would not budge and I ended up paying a whopping £5 pounds for it.
I knew these phones sell for around £100 on Ebay so I was happy with the purchase. Once at home I went on eBay and bought a whole, complete housing for the phone for £2.99 and a new battery for £1.99 all with free postage.
They’ll be here in a couple of days and the phone will go on eBay for sale. The result? For a total of £10 pounds I have a phone that will go for somewhere around £100 in a week or so. My profit will be somewhere around £80 pounds just for going to the flea market and spending an hour or so looking around.
Second Flea market for the day started around 10:30 Am and we were there for the opening. This one is fenced in so everyone goes in after they open the gate.
Among some smaller items we’ve bought for resale, I also picked up an Apple MacBook Pro laptop with a 2GHZ dual core processor, 2 GB memory and 320GB hard drive in it, in perfect looking condition. No power supply though.
I asked the seller if the laptop works or not and he said he has no idea. He said because of that he is selling it for £20 pounds. Of course I’d bought it.
This was just the laptop without charger and a flat battery. Even if it doesn’t work it will sell somewhere around £100 pounds on eBay as parts. Later on, the guy had realized he had made a mistake and offered to buy it back for £20 if I changed my mind. Another seller offered me £60 after asking him if he had a charger by any chance. ( he was selling computer parts)
So I came home and checked on ebay to see how much these laptops are going for. The price varies but anywhere from about £500 and up for a working one. While there I had purchased a charger for £18 pounds with free postage, and hoping it’ll be here in a day or two so I can turn it on.
In the meantime I also took it apart to check the inside is not missing any parts and clean out the cooling fans and dust.
Even in the worst circumstances, I will make about £70-80 pounds profit after eBay expenses and if it works I’ll make several hundreds in profit.
The smaller items we’ve bought will make another £40-60 pounds in profit.
Last weekend we’ve bought some digital cameras and mobile phones and baby items. Making around £100 in profit.
We also buy stuff on eBay and sell them back on eBay if the purchase price was cheap enough, or on some other auction sites and also on Amazon.
So as you see, making some extra money with flea markets is easy. We also buy Victorian silver items and baby nursing items. We have no idea about pottery or dolls or furniture, so we ignore those.
The summer is coming on and all the outdoor flea markets in the area will open. Those are huge markets usually held on football fields. Hundreds of sellers on each one. The winter flea markets are small and held either in covered markets or in parking garages. Small drafty and cold places with just a few sellers compare to the summer ones.
Good luck to you all and thanx for visiting and reading my blog. If you like it please bookmark it on DIGG or Delicious, or one of the other bookmarking sites, so I can get some quality back links. Also while you are here check out some of the other offerings.
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