Hello!

My strategy is specifically to buy for part out. Time is not a concern for me and neither is the price as a set. 

Yes I know what this entails and am in the process of organizing and storing now

Sharing some deals I did over the past weekend. Collectively the inventory I picked up is worth 1,202 part out value. Cash price 498$. 6 New sets and 2 used sets.  

The first 4 were purchased on Facebook marketplace. All sets new in box except the Clone Turbo Tank. Initially I offered 230 and we agreed on 290. Payed 300 because I did not have change and he was a service industry worker out of a job.

Set #8639 was also purchased from FB Marketplace. Offered 40 payed 50 listed for 75 - new 

Set# 60110 was listed on Mercari (used) for 75 offered 48 and was accepted

Kylos tie fighter was listed as 70 on FB Marketplace new. Offered 40. Then 50. Seller only agreed to do 50 if she could sell me two. Which worked out great! Rev potential doubled!

Whats your buying strategy? Currently only making offers on things I can double my money (or better!) on part out. 

Initially I was making offers on a strict 60% discount. Which works well. They'll usually disagree with the .60 and settle for .50 - Which works out well since I show up same day with cash. 

 

 

On 4/23/2020 at 2:57 PM, Lobot said:

In all honesty, I've enjoyed it most of the time but unless you've got access to a lot of high-demand stock, there's easier and greater profits from selling sealed sets.  Some stores seem to do incredibly well, but from what I've seen you'd need a large inventory (250,000 parts+) for a viable return, and also make a lot of good decisions.

 

 

This last part seems key. It appeared to me that there was very little money in sealed sets but perhaps I was looking at the wrong information. I'm glad I've gotten the amount of feedback I have so far. Appreciate your input!

 
This last part seems key. It appeared to me that there was very little money in sealed sets but perhaps I was looking at the wrong information. I'm glad I've gotten the amount of feedback I have so far. Appreciate your input!

I would say the far majority of people on this forum only sell sealed sets. There is money to be made, but you have to be smart about it. You can't just walk into Walmart and spend $1k on random 20% off sets and expect to make money.