Using eBay to Value Your Items for Pawn

eBay is an extremely popular auction website for buying and selling items. While you may not want to sell your items on eBay, you can use it as a resource to value your items for pawn. Most people have lots of items around their house that they would like to pawn, but don’t know their value. Instead of guessing or taking time to make the trip in to your pawn shop, you can use eBay’s “What’s it worth?” tool to get an idea of what your items are going for on the popular auction site.

 

The “What’s it worth?” tool  is quick and easy to use. All you do is type in the name of the item, click the “Look it up” button” and the results will provide you with the average price the item is sold for on eBay, total sales and number of listings sold.

For example, a quick search for an iPod Touch 8GB Black yielded the following results:

  • Average Price Sold: $80
  • Total Sales: $23,110
  • Listings Sold: 288

As you can see, this tool gives you a snapshot of what other people are paying for the item on eBay. While this is not a guarantee of what you can expect to get for an item at your local pawn shop, it will give you an idea of what your item is worth and help you make a more informed decision as to whether you want to throw it out, hold onto it or pawn it.

By using eBay’s “What’s it worth” tool, you’ll be able to quickly get an estimate of value on the items in your home as you work to get organized, clean and clutter free. Most people grossly underestimate the value of the items in their home. Don’t make the mistake of putting valuable items in the trash, yard sale or on the curb for free when you could be pawning them for some quick and easy cash.