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Selling Your Stuff on eBay vs. Craigslist

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When selling your stuff online, choosing between eBay and Craigslist can make all the difference. Use these tips to determine which site is best for your situation.

When selling your stuff online, choosing to list on ebay or Craigslist, can be the difference between boom and bust. Here are a few tips to help you determine which site is best for your situation.

Before you list anything, consider three major factors. First, location, location, location. Ebay opens up your listing to a global market, which is perfect for antiques, rarities and the latest electronics. However, if you're selling items that are too big to ship, you should stick to Craigslist. Buyers can pick up large pieces themselves, which allows for a more seamless transaction.

Next, think about how quickly you want to turn your item from a listing into a payment. With eBay, unless you're lucky enough to get a "Buy It Now" buyer, you'll have to wait days for the auction to end before the sale can be completed. If you want your money quickly, Craigslist is the better choice for a fast turn around.

Finally, and most importantly, consider your payment options. Ebay sales are usually settled through PayPal accounts, and since the site takes a small fee per auction, items with smaller price tags may not be worth it. With Craigslist sales, though, you can generally request a cash payment on the spot, which means no lost fees.

ebay company logo on computer screen. Symbol: Usage of the online auctioneer ebaySo, before you sell anything online, consider which marketplace is best for you. Remember, selecting the best match will likely get you the most money.

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