Monday, January 20, 2014

How to make money on Craigslist

For those of you who follow me on Twitter @Clhustle, have read my book The Craigslist Hustle or have seen my Craigslist Hustle YouTube videos, then you know what items I am going to tell you make the quickest profit on Craigslist. Washers and dryers without a doubt generate fast substantial profits when buying and reselling them on Craigslist.  You will see people advertising DVDs and software that are supposed to teach you how to make money on Craigslist. There is no science to making money on Craigslist, you just need to find what items you feel most comfortable with buying and reselling and then get your hustle started. I never wrote my book The Craigslist Hustle with the intention of scamming people out of their hard earned income. As a result of being laid off by my employer years ago, I mastered an approach that helped my family of five during one of the most trying financial periods in our lives. I was encouraged by others to share my story and tips in a book that is where The Craigslist Hustle was born. Whether you decide to purchase the book or not, there is money to be made on Craigslist and I want to share some of the basics to get you started.
Once you find the item you’re familiar with buying and reselling you will need to know how to create a good post that will get your items sold quickly. Out of the hundreds of washers and dryers that I have bought and resold, I have never held a set longer than 3 days. Most sets usually sell within the first 24 hours, but scheduling conflicts required me to hold a couple of sets up to 72 hours before I was able to make an appointment and sell them.  One key point to keep in mind is that a good post will always have pictures of your item. I enjoy going and browsing Craigslist for washer and dryer posting that do not have pictures attached. You’ll be surprised how many people list valuable merchandise for sale without pictures and end up losing money on their item. I have found one year old washers and dryers and negotiated the price down to $100 for the set all because the seller didn’t have pictures online, and no one took the time to contact them to inquire about the set. The posting looked a little like this:

Washer and Dryer  $500
Washer and dryer for sale. Both are white and in good shape. Email for more details.


By the time I reached out to this seller the ad had been listed for 28 days. The seller didn’t repost the ad as I teach in my book, nor did they have accurate details or pictures which I also teach in my book. I bought the set for $100 and sold it the next day for $450. This has happened several times over the years so that’s why I say pictures and a detailed post make a world of difference. Take time to browse ads and reach out to people to see if you can negotiate the price even lower. Once you get the item take time to inspect, repair and clean it if needed. From that point create a good posting with pictures attached. It’s pretty much that simple believe it or not. I’ve sold thousands of my book The Craigslist Hustle and I get emails all the time from people thanking me for the basic information I shared in the book. If you’re looking to make extra income for a major purchase, go on vacation or to help your family out of a desperate situation as I was years ago, then take time to consider Craigslist as an option. Feel free to checkout my webpage at www.mrcraigslisthustle.com and I would love to be of assistance. Craigslist hustle, let’s get it!  

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