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:
- $182,885 of luxury fashion: $18,200
- $86,500 of new Toys: $12,141
- $18,271 of new Fountains: $850
- $5,817 of Rugs: $625
- $79,900 Rivian R1T: $10,350
- $16,000 UTV Mat-Tracks: $1,000
Why do I like selling luxury products? Because buyers are emotional. That works well when I buy with math.
Can you make money selling luxury fashion when it’s 90% off the MSRP? Only your research can tell you.
Who is Contemporary Fashion? The rumor is that it’s Nordstrom, but I can neither confirm nor deny that.
It’s the best time of year to sell toys!
Target just blew out a full truckload of toys – brand new in the box – for 86% off their original price.
Target sold these new indoor fountains for $40. Your cost, including shipping: $5.76
Could you sell for $26 and make a profit?
376 x $20 = $7,520
Yes, it's a lot of work. Yes, there are selling fees. Yes, you can do this over and over again to create wealth.
Rugs remain top performers for our Reseller Mastermind members.
You will want to be near Florida to save on freight costs. I blanked out the shipping cost above because it’s from FL to CA, which is not realistic.
$5,817 that sold for $625.
You never know what you’ll find at a government auction!
This Rivian R1T truck was used for road testing at the University of Nebraska.
I featured it on my X account earlier this week.
Yesterday it sold for $10,350!
What a world.
I love weird auctions. I also love UTV’s – you know, the side-by-side little vehicles made by Polaris, Yamaha, and other brands.
If you own a UTV (I own two), getting a set of rubber tracks to replace the tires is something often brought up around the campfire.
The federal government is auctioning off this set with a bid of $1000. Will they sell for that? Maybe! I’ll be watching.
I’ll be recording a deep dive into these auctions and others on my YouTube channel. This one will be live in about a week. In the meantime, I am sharing one of the best deals of my life on the channel next week. Don’t miss it!
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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