Facebook Yard Sale Groups are growing in popularity, but are they really any better than eBay? Both venues have their advantages and it depends on what the seller's objective is and what they have for sale. Do your homework before selling on either to make sure you get the best price and feel comfortable with your trading partner.
Benefits of Facebook Yard Sale Groups
The major benefit is that Facebook Yard Sale groups are free. There is no cost to list the item, and no fee when it sells. Sellers don't have to hassle with figuring out how much to charge for shipping or dealing with actually shipping the item. Buyers like it because they don't have to pay shipping fees. Yard sale groups are easy to join and navigate - users simply post a photo of the item, a brief description, and either set a price or ask for offers. There are no rules, limits to the number of items a seller can post, or worries about having a Paypal account. It is fast and easy. The main drawback is that a seller is limited to the number of prospective buyers in his area - it may only be a few hundred people in that particular group. These groups are great for selling items you don't want to ship, like furniture or exercise equipment. Also, be careful meeting your trading partner.
Benefits of selling on eBay
eBay connects sellers with millions of buyers worldwide. Instead of a few hundred people on a Facebook group, sellers can connect with buyers worldwide and that can drive the price higher. eBay has an integrated payment system, Paypal, and the money exchange is seamless and easy. Sellers don't have to make appointments to meet up with buyers who might not show up, or who might want to haggle about the price during the exchange. eBay is more difficult to use and there are more rules and selling limits, fees, and shipping can be difficult to figure out. But in the end, sellers can have a virtual yard sale going on 24/7 and never have to hassle with buyers in person. If you have tried to sell on eBay in the past but found it too complicated, try taking an online eBay Basics Class.
Beware of Facebook Yard Sale Group Scams
Some users have nightmarish tales of meetings gone bad, or buyers not showing up or paying with counterfeit money.Always meet during broad daylight inside a busy public location like a Starbucks or McDonald's to make your exchange, and take someone with you. Even better, meet your trading partner outside of the local police department or sheriff's office.
More benefits of selling on eBay: