If you’re new here, I’m the auction guy you probably saw on Insta, YouTube or X. You may have downloaded my Auction Starter Guide with the lists of all the auction sites and tips on getting started.
Thanks for being here Reader. Let's get right into it.
Here are the deals of the week:
- $89,245 Firearms Simulator bid to $5,000
- $56,400 Excavator bid to $7,005
- ACE Hardware truckload bid to $1,276
- $87,337 of AC Units for $11,300
- $250k+ of Couches just landed at 98% off.
- $52,658 of Music and Books bid to $100
I have no idea what to do with this Firearms and Use-of-Force Training simulator. But when the replacement cost is almost $90k and the bid is $5,000, it gets me interested.
Finding the spread between products like this can make you rich.
These Caterpillar excavators sell for $56,400. This one is bid to $ 7,005, with 3 days left on the bid.
Yes, it will sell for more, but that’s another big spread to watch for. I sold heavy equipment like this years ago, and making money in this business is all about who has the most knowledge.
Let’s break one of my cardinal rules: bidding on no-manifest lots. This one is only for seasoned buyers who can take more risk.
Here’s why I like it: it’s a full truckload of new items with a bid of just $1,276, and it closes in 17 hours. It will sell for more, with my prediction being around $3-4K.
I would turn my favorite AI loose on these photos and have it create a “manifest” based on what it sees in the pics. A quick look found a few thousand dollars’ worth of products to flip.
Not for new resellers.
Just like the best time to buy Christmas trees is January, the best time to buy Air Conditioners is when it’s cold outside.
$87,337 worth of AC units that you can make an offer on, starting at $11,300. Grab the manifest, do your research, and if you can hold onto this inventory until Spring, it could be a winner.
Bob’s Furniture Mart just launched an auction site for customer return couches and more
A new auction site usually means less attention and lower bids. I’ll be digging into this on my next Auction Deep Dive on YouTube. Don’t miss it!
Don’t underestimate DVD and Book sales. We have Reseller Mastermind members who are making $10-20k per month selling media like this.
$52,658 with a single $100 bid that closes in 20 hours. Wild.
Titles from Taylor Swift, Lady Gaga, Harry Styles, Foo Fighters, and many more.
I dive deeper into each of these deals each week on my super-duper YouTube channel. This week I also covered luxury handbag sales and more. Come hang out with me!
I’ll see you there.
Cheers to your inevitable success!
~ Shannon Jean
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I built and sold companies for 30 years. Now I help resellers build theirs.
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