I used to think that getting stuff from Garage Sales would be a cool way to source products for eBay. If only I had more time, I would say, then I could spend more time going from garage sale to yard sale to moving sale and so on. Then I ran into Sydney Johnston – the Auction Genius – who explains in her blog why this isn’t such a great idea.
She says: ‘your source of supply is so uncertain. Yes, you might go out today and find some choice goodies that allow you to double, triple or even quadruple your money. But it’s also possible that you can spend the whole day garage-sale-hopping and find nothing worth selling. …. To generate a full-time income on eBay, we need a certain and reliable source of supply.’
The more I think about it, the more I realize why I never really even attempted this mode of product sourcing. Aside from the reasons Sydney gives, there is the issue of time. If only I had more time? Well, there was never enough time, and even if there were, I would not have considered that a good use of my time on a daily basis. The researching of such sales, the scheduling of them, and then the traveling to and from them all day would not allow for much else.
Does this mean I think garage sales are a waste of time? No, they can be fun to do on occasions and I’m certain that cool collectables can be had which can then be turned into spare change on eBay. And for some people who are true professionals (those who know how to work the estate sales, etc), there is something to be said for this methodology. But as a sustainable model for sourcing products, I’ll stick with the genuine wholesale suppliers.