Since this is a business channel, I think myself and many other viewers would gain a lot of value If you did a detailed video showcasing, how you do your bookkeeping. (Cost of goods, sales, expenses, tax.) Love your videos, keep crushing it.
the main problem is that alot of stuff people used to put out at garage sales they put on Facebook marketplace. FB Marketplace has absolutely done a huge number on yard sales and it will only get worse, garage sales will decline and you’ll see less every year, especially as old generations phase out, younger people have a way better idea of value of things and how to look stuff up. Many years from now garage sales and thrift stores will be a thing of the past mostly. I feel like this doesn’t get talked about enough. But we need to be prepared for that.
Idk no one ever pays full price at garage sales. So even if people ask it they don't get eBay prices. I actually don't mind it... because everyone and there brother is going to a buy a Wii and games for 10 bucks. The normal garage sale goer thinks twice when the prices get higher
You had a great run brother! At least there are plenty of other options for your barn. It could be a machine shop, a yarn store, a jujitsu studio or even a barn. You’ll be fine. Lots of options
Have you ever considered going into estate sales? As in running them? You have the employees, experience, and business mindset. Ive been slowly considering that as an option myself no inventory needed. No cost other than time. And you just get a garaunteed % of sales. I assumed it was 25-30% but recently heard 45-50% is common.
Mine is for sure. I can't find anything to make a profit on... 2 years ago i would find studd daily, and i don't even live in the US... It was a fun ride tough!
One thing that steadily has my curiosity is how does selling on just ebay affect taxes (year to year) for a single person. How hard is it to handle? i sell stuff i get free or for cheap at GameStop (signage and other promo stuff or even games so cheap i cant pass on). Its a hassle but profit is profit
I have like 10 nice newer video game posters I'd like to sell soon and have thought about starting ebay. All stuff I really can find listings on either.
Agreed, garage sales definitely aren't what they used to be but there is still big opportunity if you're willing to always ask and pay up a little more than you are used to.
Garage sale deals still beat thrift deals at most thrift stores. I've been preferring the thrift more often though, just larger inventory to sort through.
@@Deuce7Off Thrift stores are DEAD in my area unless you go daily or know someone in the back. All of the best stuff seems to be going to the online auctions. I do like going to the Amazon bin stores.
Yeah, the main problem is that alot of stuff people used to put out at garage sales they put on Facebook marketplace. FB Marketplace has absolutely done a huge number on yard sales and it will only get worse, garage sales will decline and you’ll see less every year, especially as old generations phase out, younger people have a way better idea of value of things and how to look stuff up. Many years from now garage sales and thrift stores will be a thing of the past mostly.
People want to make excuses as to why it can’t be done while others are doing it. “Whether you think you can or you think you can’t, you’re right” - Henry Ford. If you want something bad enough you will find a way switch tactics etc. If you are having trouble finding video games switch products. Just a thought, thanks for the great content guys!! God bless Chase and Alex!!!
I say in the states you still can i tried damn hard here in Australia but the competition is just everywhere i was at a swap meet an every person haf their phones out search ebay and scanning shit so the US yes anywhere else alot harder as everyone has the knowledge
It's probably worth your time to make a small list on your phone of Out Of Print Blu Ray's, I found a sealed copy of Sling Blade (long out of print) for 3 bucks at a goodwill and sold it for 60 the next day.
Also most any movies from Kino, Scream Factory, Arrow Video, Criterion collection hold really good value even if open as long as in good shape, if ya ever find any for under 3 bucks it's a must buy.
Do you foresee yourself staying in the video game niche primarily going forward? Or are you planning on expanding your type of inventory like Hobby Shop Ron so you in theory have plenty of stuff to choose from?
We are definitely a business focused on Video Games and Pokemon Cards but we believe in diversity and are always willing to branch out if the profit is there. Our lasted buys with Hobby Shop Ron would be a good example of that.
I have a local shop that I am able to trade my lower end/ unable to make a profit products for his higher end products. It's a win win! We have made several deals and promote each other on social media. I sell online and he has a brick and mortar so we don't step on each others toes.
You absolutely can make a full time living doing this without ever leaving level 1, but it completely depends on what you're willing to sell, how skilled you are at sourcing (between developing an eye for age, value, and uniqueness and being able to process and utilize data), how well you utilize technology to streamline your processes, and what your work ethic is like. I personally do about $250K annually with around 60-65% of that being profit. Additionally, I source about 90% of my inventory from the same thrift store from a daily 2 hour visit. I'm able to do this because I sell in a wide variety of categories and I invest a ton of time into market research. While the video game sellers and vintage tee sellers are storming out complaining about how everything is rigged against them because no 80s Metallica shirts are there and the sole video game item is an $80 NES, I'm usually walking out with hundreds of dollars in profit because I don't have tunnel vision and don't just walk passed the vintage glassware, women's clothing, and small appliances. If somebody just wants to sell video games and not move beyond yard sales and thrift stores, then it's going to be very tough and I'd argue impossible. Those days are long gone. Not only is that market extremely competitive, but you're competing with EVERYONE and not just other sellers that only sell games. Shit, the days of starting FBMP for video games are also ending. In fact, every successful video game seller that I know is making their living with private buys from posting ads or buying from a middleman or actual wholesaler and switching over to a volume-based model for a much lower ROI per unit. Someone with a large social media following is obviously going to get occasional opportunities that a regular person won't, so I'm not going to add that to the equation since most people will never have that.
won't make nearly as much as this all year long, no garage sales during the winter etc. Making $130,000 per year on levels 1 and 2 sourcing is pretty unrealistic
This season is #5 for garage sales and is my best season yet! It's definitely not dead and i work full time so my hours are limited when sourcing. I'm pulling in $1-$2k in profit consistently every week!
You’re absolutely correct….unless you live in Northern California. 🤣glad I just moved. The exodus is real. Here’s to the rest of the good ol USA . Cheers boys. Edit: CARTP Crew is better than the main channel. ✌️
@@catrpcrew always 50% paying up for some then getting the expensive thing for cheap. if the seller knew what it was they would not not sell it for 20 or whatever cheap price.
How do you determine 50%? is that 50% of retail value, eBay value? Before or after fees? What about items that don't work when you get home to test them? Do you go back to the garage sale and demand your money back? What about processing cost like testing, shipping and listing? Is that factored in? We just wanna make sure we're doing this right...
@@gotcha1248 Who's responsible for the knowledge of the seller? Should we sit with them and take up their time to help them open an eBay store, buy shipping supplies, research the market value, test their games and help them get it listed? Would that be more fair? Do you think that's what people would prefer? Or would they rather just take a no risk, easy cash transaction and transfer all risk and work to the buyer? If they knew the value and how much work it takes to sell it, do you think they would do that every time? Or, or or....Do they, like millions of Americans, value convenience and ease, and are perfectly content sacrificing some money to have an easier time? There's never been products, markets or services created for such a thing.... Right?
Don't buy items that sell very fast....check.....oh wait that was the last video...... I need a video that has more voice cracking from Chase..... Makes me laugh every time when 12 year old Chase comes out to say hello.....when is the next garage sale to sell off your death pile or is that what "whatnot" is for. You guys have inventory for days. Makes my head spin and I would be losing my mind if that were my business. Too much squirrel brain and brain damage with all the different items you source along with all the different venues you sell on. I enjoy watching the chaos and Al Pal is killing it on Ebay for your store.
The reason they continue buying stuff is because 1. A lot of the stock he has is slower selling/listing leftovers from the giant buys 2. He creates youtube content and just showing them going through all that stuff would end up getting boring 3. Running on multiple platforms helps diversify so that say a massive change comes down from ebay or amazon they have another channel they are already setup and running which selling on said platforms requires fresh stock of desirable items. As far as whatnot, they have been been using it to dump games that are harder for them specifically to sell profitably in giant lots or selling random pieces and it helps build up his other reselling channels plus youtube viewership.
This wave of recording yard sales have killed the game… thanks to your selfish resale RUclipsrs we are no longer getting the sale we use to! The they use titles like “Yea they didn’t know what they had!” Now they do along with goodwill!
Since this is a business channel, I think myself and many other viewers would gain a lot of value If you did a detailed video showcasing, how you do your bookkeeping. (Cost of goods, sales, expenses, tax.)
Love your videos, keep crushing it.
the main problem is that alot of stuff people used to put out at garage sales they put on Facebook marketplace. FB Marketplace has absolutely done a huge number on yard sales and it will only get worse, garage sales will decline and you’ll see less every year, especially as old generations phase out, younger people have a way better idea of value of things and how to look stuff up. Many years from now garage sales and thrift stores will be a thing of the past mostly. I feel like this doesn’t get talked about enough. But we need to be prepared for that.
Dang, that’s probably true 😢
Idk no one ever pays full price at garage sales. So even if people ask it they don't get eBay prices.
I actually don't mind it... because everyone and there brother is going to a buy a Wii and games for 10 bucks. The normal garage sale goer thinks twice when the prices get higher
You had a great run brother! At least there are plenty of other options for your barn. It could be a machine shop, a yarn store, a jujitsu studio or even a barn. You’ll be fine. Lots of options
A barn ? Cows or Chickens ? chicken eggs is cash, but Cows are gold right now.
@@Jfscloud723 I’d do cows downstairs and chickens upstairs, just make them a ramp or slide 🛝 to get outside
Reselling will never die just need to be patient and wait for the next deal
Couldn't agree more!
These are some of my favorite videos. Raw, but break down the actual items and listings while showing the behind the scenes.
Have you ever considered going into estate sales? As in running them? You have the employees, experience, and business mindset.
Ive been slowly considering that as an option myself no inventory needed. No cost other than time. And you just get a garaunteed % of sales. I assumed it was 25-30% but recently heard 45-50% is common.
Your titles are getting more clickbaity and cringe. Just an FYI from a long time viewer.
Agreed
I agree, it’s getting annoying, I like the videos but recently the titles have put me off watching some of them
Great video Brother. Thanks for sharing Your passion and adventures and honesty. From Toronto Ontario Canada 😀 👍 ❤️ 🇺🇸🇨🇦♥️💯💯💯💯💯
I'm glad you guys have good luck with it I usually don't but you guys do work harder at it and have more of a budget
I like that you guys are buying/flipping things other than games and showing it
What is the difference in between relisting an item and selling similar? What is the gain?
If you toss in bicycles power sports items like Atvs Dirtbike’s boats trailers and cars it can ad up really fast
Mine is for sure. I can't find anything to make a profit on... 2 years ago i would find studd daily, and i don't even live in the US... It was a fun ride tough!
It might be harder but the potential is still there!
One thing that steadily has my curiosity is how does selling on just ebay affect taxes (year to year) for a single person. How hard is it to handle? i sell stuff i get free or for cheap at GameStop (signage and other promo stuff or even games so cheap i cant pass on). Its a hassle but profit is profit
I have like 10 nice newer video game posters I'd like to sell soon and have thought about starting ebay. All stuff I really can find listings on either.
I've been very lazy with the ending/sell similar/ listing 10 items per day and my sales are still popping off. I do believe it's for real
A lot of the yard sales this season have been pretty bad. Not very many sales and people are wanting quite a bit more for things.
Agreed, garage sales definitely aren't what they used to be but there is still big opportunity if you're willing to always ask and pay up a little more than you are used to.
@@alpalcatrp I ask at every sale and it seems people are saying more often " I sold that on marketplace or OfferUp"
Garage sale deals still beat thrift deals at most thrift stores. I've been preferring the thrift more often though, just larger inventory to sort through.
@@Deuce7Off Thrift stores are DEAD in my area unless you go daily or know someone in the back.
All of the best stuff seems to be going to the online auctions. I do like going to the Amazon bin stores.
Yeah, the main problem is that alot of stuff people used to put out at garage sales they put on Facebook marketplace. FB Marketplace has absolutely done a huge number on yard sales and it will only get worse, garage sales will decline and you’ll see less every year, especially as old generations phase out, younger people have a way better idea of value of things and how to look stuff up. Many years from now garage sales and thrift stores will be a thing of the past mostly.
People want to make excuses as to why it can’t be done while others are doing it. “Whether you think you can or you think you can’t, you’re right” - Henry Ford. If you want something bad enough you will find a way switch tactics etc. If you are having trouble finding video games switch products. Just a thought, thanks for the great content guys!! God bless Chase and Alex!!!
I say in the states you still can i tried damn hard here in Australia but the competition is just everywhere i was at a swap meet an every person haf their phones out search ebay and scanning shit so the US yes anywhere else alot harder as everyone has the knowledge
It's probably worth your time to make a small list on your phone of Out Of Print Blu Ray's, I found a sealed copy of Sling Blade (long out of print) for 3 bucks at a goodwill and sold it for 60 the next day.
Also most any movies from Kino, Scream Factory, Arrow Video, Criterion collection hold really good value even if open as long as in good shape, if ya ever find any for under 3 bucks it's a must buy.
A lot of good information. Can’t wait for the next.
Do you foresee yourself staying in the video game niche primarily going forward? Or are you planning on expanding your type of inventory like Hobby Shop Ron so you in theory have plenty of stuff to choose from?
Chase is Hobby Shop Ron reincarnated. 🤪🤪🤪
We are definitely a business focused on Video Games and Pokemon Cards but we believe in diversity and are always willing to branch out if the profit is there. Our lasted buys with Hobby Shop Ron would be a good example of that.
I have a local shop that I am able to trade my lower end/ unable to make a profit products for his higher end products. It's a win win! We have made several deals and promote each other on social media. I sell online and he has a brick and mortar so we don't step on each others toes.
You absolutely can make a full time living doing this without ever leaving level 1, but it completely depends on what you're willing to sell, how skilled you are at sourcing (between developing an eye for age, value, and uniqueness and being able to process and utilize data), how well you utilize technology to streamline your processes, and what your work ethic is like. I personally do about $250K annually with around 60-65% of that being profit. Additionally, I source about 90% of my inventory from the same thrift store from a daily 2 hour visit. I'm able to do this because I sell in a wide variety of categories and I invest a ton of time into market research. While the video game sellers and vintage tee sellers are storming out complaining about how everything is rigged against them because no 80s Metallica shirts are there and the sole video game item is an $80 NES, I'm usually walking out with hundreds of dollars in profit because I don't have tunnel vision and don't just walk passed the vintage glassware, women's clothing, and small appliances.
If somebody just wants to sell video games and not move beyond yard sales and thrift stores, then it's going to be very tough and I'd argue impossible. Those days are long gone. Not only is that market extremely competitive, but you're competing with EVERYONE and not just other sellers that only sell games. Shit, the days of starting FBMP for video games are also ending. In fact, every successful video game seller that I know is making their living with private buys from posting ads or buying from a middleman or actual wholesaler and switching over to a volume-based model for a much lower ROI per unit. Someone with a large social media following is obviously going to get occasional opportunities that a regular person won't, so I'm not going to add that to the equation since most people will never have that.
Great video.
So I recently started on eBay.
And when I list something I get 0 view 0 watchers on some items for 30 days straight
What can I do to fix that
At 4.98 Black ops 2 for 360 is actually work something, suprisingly
Cheapest Boss OS-2 on Reverb is $60. Thing looks pretty beat up, you could probably fetch more if it's in good condition.
Hey that's me of course I'm watching 😂
They say the US dollar is strong and yet you question if $130,000 is a liveable wage 💀
Who said the dollar is strong right now? 😂
won't make nearly as much as this all year long, no garage sales during the winter etc. Making $130,000 per year on levels 1 and 2 sourcing is pretty unrealistic
@@samuelkiel829 I agree
@@samuelkiel829It's as easy as doing everything in the video, just two times!
i think the way to go is video games are hot right now, its time to sell different things and wait for a good deals to come by
This season is #5 for garage sales and is my best season yet! It's definitely not dead and i work full time so my hours are limited when sourcing. I'm pulling in $1-$2k in profit consistently every week!
I bought the light box a few weeks ago. Love it.
That's great to hear!
You’re absolutely correct….unless you live in Northern California. 🤣glad I just moved. The exodus is real. Here’s to the rest of the good ol USA .
Cheers boys.
Edit: CARTP Crew is better than the main channel.
✌️
It’s crazy Al Pal fully runs an eBay business solo for someone else just blows my mind. If your doing it alone just do your own store makes zero sense
It makes a lot more sense than you may think.
@@catrpcrew please elaborate isn’t chase all about entrepreneurship?
anyone get bothered how cheap he gets the games for how do you sleep at night ripping someone off thats my problem with resellers
How much should he pay? What amount would appease you?
@@catrpcrew always 50% paying up for some then getting the expensive thing for cheap. if the seller knew what it was they would not not sell it for 20 or whatever cheap price.
How do you determine 50%? is that 50% of retail value, eBay value? Before or after fees? What about items that don't work when you get home to test them? Do you go back to the garage sale and demand your money back? What about processing cost like testing, shipping and listing? Is that factored in? We just wanna make sure we're doing this right...
@@gotcha1248 Who's responsible for the knowledge of the seller? Should we sit with them and take up their time to help them open an eBay store, buy shipping supplies, research the market value, test their games and help them get it listed? Would that be more fair? Do you think that's what people would prefer? Or would they rather just take a no risk, easy cash transaction and transfer all risk and work to the buyer?
If they knew the value and how much work it takes to sell it, do you think they would do that every time?
Or, or or....Do they, like millions of Americans, value convenience and ease, and are perfectly content sacrificing some money to have an easier time? There's never been products, markets or services created for such a thing.... Right?
Until the CBDC kicks in
o:
Don't buy items that sell very fast....check.....oh wait that was the last video...... I need a video that has more voice cracking from Chase..... Makes me laugh every time when 12 year old Chase comes out to say hello.....when is the next garage sale to sell off your death pile or is that what "whatnot" is for. You guys have inventory for days. Makes my head spin and I would be losing my mind if that were my business. Too much squirrel brain and brain damage with all the different items you source along with all the different venues you sell on. I enjoy watching the chaos and Al Pal is killing it on Ebay for your store.
The reason they continue buying stuff is because 1. A lot of the stock he has is slower selling/listing leftovers from the giant buys 2. He creates youtube content and just showing them going through all that stuff would end up getting boring 3. Running on multiple platforms helps diversify so that say a massive change comes down from ebay or amazon they have another channel they are already setup and running which selling on said platforms requires fresh stock of desirable items. As far as whatnot, they have been been using it to dump games that are harder for them specifically to sell profitably in giant lots or selling random pieces and it helps build up his other reselling channels plus youtube viewership.
When the market crashes again and you're holding the bag on all this stuff - you'll be sorry.
And it’s going to collapse. Already starting.
In New to your videos and selling on ebay. What is discord? I've heard you say it before
This wave of recording yard sales have killed the game… thanks to your selfish resale RUclipsrs we are no longer getting the sale we use to! The they use titles like “Yea they didn’t know what they had!” Now they do along with goodwill!