Ignorance, Prejudice and Making Money on eBay

When I tell people what I do for a living, one of the questions I am asked is, "Why would somebody sell you an item worth $100 for fifty cents?"

The short answer is: Ingorance and prejudice. Ignorance does not imply that these people are stupid (though they may be in some cases). Ignorance is a lack of knowledge. We all start out ignorant, and then we learn. Always remember that increasing your knowledge will put money in your pocket, and keep you from making mistakes.

Prejudice, when it comes to items being offered for sale, is a dire condition that prevents people from overcoming their ignorance. Just about everyone today has access to the Internet and it is simple to go to eBay and look up the value of an item. Fortunately for us, prejudice colors the perception of many. They look at an item and immediately presume it to be worthless. They are happy to sell it to one of us for fifty cents or a dollar, all the while thinking they got the best end of the deal. You can thank the seller's prejudice the next time you turn some spare change into a night on the town by selling your find on eBay.

As the Wizard of Auctions, it is my goal to help you abolish your ignorance as to just what has value on eBay. Increased knowledge, plus persistant hunting, means more money in your pocket.