I'm a sucker when it comes to new technology geared towards helping consumers save money (especially free ones). When we're browsing around the web for tips to save money, you'll frequently come across personal finance bloggers telling you to look at Craigslist.
I've been using Craigslist since 2007 ever since eBay and PayPal decided to rip off their users by increasing their seller's fee. From iPhones to even selling my car, Craigslist is my go to website for selling and buying everything.
One of the biggest problems I faced with Craigslist was trying to figure out what my asking price should be. Should I ask for a higher price first since most people will lowball me or should I price the item lower to get more interest? I recently came across this site called Priceonomics which actually takes the guesswork out of the process.
If you're ever looking to sell or buy anything on Craigslist, here are five tips I've learned from reading their blog and from my own personal experiences.
- Whenever I go to a retail store to buy electronics, I always ask the representative to see if they have an open box item. For the obvious reason, this is because used items are heavily discounted. If you're buying a new TV, an iPhone, or computer, always sell your old item if you're buying something new. Don't let items sit around at home; they tend to lose value over time. If you're looking to buy a new iPhone 4, you can sell your old iPhone3 for200.