Maybe youre moving and none of your old appliances match the new digs.
Dont throw out your old microwave and hang onto that toaster, too.
If not for Mother Earth, do it for the money.
To create a listing on Facebook Marketplace, click the blue button on the left hand side that says “sell something.” Then choose between these three options: item for sale, vehicle for sale or home for sale or rent.
Since its launch in 2016, the free-to-use commerce platform has become wildly popular among down-sizers and upcyclers alike.
Marketplace is fostering economic opportunities for people, she said.
Many people are decluttering and selling things they no longer need and making extra money in the process.
The Penny Hoarder also profiledthree entrepreneurs who used Marketplace to launch their side businesses.
What Sells (and Doesnt Sell) on Facebook Marketplace?
Are you trying to sell new or gently used clothing, furniture and toys to your community?
Those items do fantastically.
The new features formalized those growing trends.
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Cars is now one of the most popular categories, Liu said.
In fact, my husband sold our family minivan on Marketplace within two days of listing it.
Its important to know what items arent allowed on Marketplace.
An additional restriction is placed on recalled products.
Listing prohibited products on the Marketplace could lead to disciplinary action, such as being banned.
So be sure there are no restrictions on your itembeforecreating a listing.
First, you will need a Facebook profile (duh).
The Marketplace icon looks like a miniature storefront.
On desktop, its along the left column, under your name.
For mobile users, its either on the top or bottom toolbar, depending on your rig.
you’re able to also go directly towww.facebook.com/marketplace.
From there, hit the Create New Listing button.
A follow-up form will request more information.
Select an item category (e.g.
antiques, tools, musical instruments, etc.).
Then, title your listing in 100 characters or less.
Settle on a price and double-check your location is correct.
An item description is optional but highly recommended.
Lastly, upload between one and 10 photos before submitting your listing for verification.
), its year, make and model.
You must include a price, but the vehicle description is optional.
Upload at least one photo, up to 20.
Home listings require the most information up front.
First things first: Is it for sale or rent?
Then specify if the property is an apartment, house, townhome, or just one room.
How many bedrooms and bathrooms?
Monthly rent or sales price?
For this listing bang out, the description is required.
In 6,000 characters or less, outline information about amenities, utilities, deposits and show times.
One photo is required with a 50-photo max.
How to Sell on Facebook Marketplace Effectively
Weve covered the basics.
Selling on Facebook Marketplace is pretty straightforward stuff.
But just because its simple doesnt mean you should blast through the process.
Making your listing successful will take a little more time.
And that extra effort will pay off.
Use High-Quality Photos (and Staging!)
One of the easiest ways to make your listing stand out is through high-quality photos.
As in not just one.
Liu says she has a section of her home that she uses to stage the items shes selling.
Her biggest piece of advice for photos is to keep them authentic.
Based on whats included in an items description or title, relevant results will pop up.
Thats why its crucial to fill out a description for each listing, even if its optional.
Your items description is a place to tailor your listing to exactly what people are searching for.
I venture to be really up front if I sell anything that has damage.
I just tell people, she said.
You cant always throw in in fire truck and get exactly what youre looking for, Mullan said.
Namely because the phrase fire engine is equally popular.
Dont make that mistake and risk missing out on potential customers.
Include specific details and alternative phrases that may be helpful to people searching for your item.
Price Competitively
To master how to sell on Facebook Marketplace, you oughta set the right price.
Starting off, there are often three prices.
What you, as the seller, want to make.
What the buyer wants to spend.
And then theres a middle number between the two its how much the item typically sells for on Marketplace.
Pricing it realistically, is a critical component of a successful listing, Lemp said.
That takes a little research.
While you may think it doesnt hurt to aim high at first, overly ambitious prices can sometimes backfire.
Then it starts to raise suspicion: Then theyre like Why does this person keep lowering it?
Is it in that bad of shape?
But the right buyer may never see it.
To get your item in front of a niche audience, cross-post your listing into a relevant buy-and-sell group.
Facebook Groups is one of Chens favorite features.
Posting to local groups definitely helps me grow my business, she said.
To add your listing to a group, you first have to be a group member.
you could join as many as you want.
Some are open to all, and some may have a light screening process to join.
Once youre a member, you’re able to cross-post your Marketplace listing.
Be Flexible and Responsive
Your listing is live.
The work isnt over, though.
Depending on how thorough your descriptions were, you will receive a varying amount of questions.
Even if you wrote a beautiful description, not everyone reads them.
Be prepared to respond.
You never know, Chen said.
Dont be rude to people.
Being flexible with availability and meetup locations can really pay off.
Most of the time, buyers expect flexibility on the price, too.
Chen, Lemp and Mullan all advise: Get ready to haggle.
You have to be ready to not be offended at lowball offers, Lemp said.
If youre a nice person to work with, youre more likely to get a good deal.
Adam Hardy is a former staff writer at The Penny Hoarder.
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
