Izret101's BlogIzret101's Blog

Posted on Jan 13th 2013 at 04:27:34 PM by (Izret101)
Posted under Selling, Collecting, Responsibility, GameGavel

So as many of you (I assume) may know I have done some major sell offs in the past. It seems like once or twice a year I end up putting myself into a bind financially because I am am irresponsible with my money. No I am not even going to sugarcoat it.

Over the last 8-10 years there have been multiple occasions where I have spent money for bills or other essentials on games instead. I have gotten much more responsible over the last 5 years since my son was born. But I feel there is still much more work that needs to be done.

So I have finally decided to take the plunge from being a gamer/collector to being a seller/gamer/collector.
I had mentioned in chat that earlier this week that I have only once before bought games with the express intent of reselling them(Final Fantasy VII). That finally changed yesterday with the purchase of this Gamecube lot.

When I bought it I knew I would be lucky to make 20$s on it. But I had decided I needed to start somewhere if I was going to do this. When I got to see the lot in person it included games that had not originally been listed or pictured so I definitely lucked out.

There have been a few of you lately (primarily in chat) who helped nudge me into this direction.
SirPsycho, Project, theGruuuuuuuuuuuuueeeeeeee, Bick, Shadow, NES_Rules, etc, etc

In one of the old podcasts Duke.Togo had said something along the lines of: people who collect as an investment are in the wrong kind of hobby. I immediately disagreed with him as i was listening. I can definitely understand where he is coming from.

I have always bought games because (in my mind) they will always have value should I need to sell them. And so far I have always been able to make enough selling my things when there was a crunch time. But inevitably I take losses or sell them cheap just to move them.

I still want to enjoy this hobby and it has taken me all these years to realize I cannot do it without some sacrifice. I can't keep holding onto every item I have ever purchased. I doubt it will ever be self sustaining but I need to have a collection and an inventory from now on...


EDIT
I FORGOT TO MENTION SOMETHING IMPORTANT!
I will be doing a trial run of GameGavel with the Gamecube stuff i picked up. I have had great experiences selling here and on the other sites i have been/am a member of but it gets to be a hassle and keeping several sites up to date and sometimes missing one. Nothing worse than having people on different sites asking to buy the same item.
/EDIT

If anyone read the whole thing thanks for reading.
More importantly feel free to PM me or leave advice in the comments.
Remember:
Knowledge


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Comments
 
Good luck to you Izret!

If anyone is interested in his stuff don't hesitate to buy from him. I've bought a couple significant sized lots off him in the past and he was great to deal with.
 
Glad to see you working through it. It really is tough sometimes to let things go, but learning to be good at flipping things can help keep the collecting in check.

You know where to find my want lists in case you run across anything that interests me.
 
I received my items from Izret quickly and recommend him as a seller. Good luck on your sales!
 
Once you have the auction up, be sure to post a link!
 
Thanks guys.
@ Neo i still need to figure out if it is a storefront type deal or auctions only.
Either way i'll end up putting up a thread in the FS/T and bumping it when i add new stuff.
 
I'm going to be watching this as well. I'm also in a sell down mode and am having some issues, but I think most of my problem is a lack of prices. Does anyone have some tips on how to price things?
 
@bickman2k: I use a combination of price charts / complete ebay auctions for general stuff. Special or odd things are usually best to ask about. Try http://videogames.pricecharting.com/ for a good general idea...
 
That's what I've been doing for the most part, but I try to take a little off of those, just because I figure if you wanted to pay that price, you could have gotten it by now. A little incentive I guess.

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