You may not be comfortable selling your used cell phone on a marketplace such as eBay or Craigslist, so you might want to try listing your phone on a social network, such as Facebook or Twitter. Google Plus is also another viable option; however, it doesn’t have as many users yet so you may have more difficulty here. It doesn’t hurt to try selling on all three networks since it won’t cost you a dime.
Avoid Risk And Seek Your Social Groups
When you sell your phone on eBay it requires you receive payment via PayPal and you’ll have to ship your phone to the buyer. Although the chances are slim that you will be scammed, you still may want to avoid an online marketplace. The same goes with Craigslist. Meeting a local stranger may seem convenient, but there are still precautions to take. Avoid the creepy Caigslist stalkers at all costs.
If you’re going to sell your phone on Facebook or Twitter, it helps to have a larger group of connected friends and followers. Odds are that someone will have interest if you have a large amount of people in your network. The simplest technique is to post an update on your social network that you have a phone for sale. You should include the same details in the post that you would include on a marketplace such as the phone’s make and model, the condition, pictures, the wireless provider the phone is for, and a price. Any details you left out you can add to the comments or reply with to your friends’ questions with. In your status update/post make sure you sound like yourself, rather than an advertisement. The last thing your friends want is another advertisement in their news feed. Hopefully your friends will share or retweet your post to spread the word. You can even ask them to help you out and click the share button. This might help you sell your phone to a friend of a friend.
Selling your phone on facebook or Twitter is an easy exchange once you find a buyer. If you’re friend from down the street wants to buy your phone they simply have to contact you and then you can meet at either your own or their personal residence. You don’t have to worry about inviting a questionable character into your home.
Research A Price
You want to sell your phone for a price that is fair for you and fair for the buyer. Sometimes it can be tricky to find a price that both you and the buyer agree on. As the seller, you’re going to try to get as much money as you can, and at the same time the buyer is going to try to haggle the price down as low as possible.
When you are selling your phone, keep in mind the idea of supply and demand. If you are selling a Nokia phone from 2004, there isn’t likely to be very much demand. I have found Apple iPhones to have the most demand and to retain their value more-so than Android and Windows phones. Most likely, any of your friends that are interested in buying your phone will make you an offer less than what you are asking for so be prepared to come down slightly on your original price.
One way you can figure out how much to sell your phone for is to browse other marketplaces. As an example, lets look for a good price to sell an iPhone 5. A few days ago the iPhone 5s was announced so let’s say I have an iphone 5 I want to sell so I can upgrade. If I search on eBay for an iPhone, I can narrow down the results by choosing the “5” model, the Verizon carrier, 32 GB, Black, and used condition. Next I will sort by “Time: Ending Soonest” and I will choose Auctions only. These settings will allow me to see how much money buyers are bidding on a used iPhone 5 with similar specs as mine just before the auction ends. Start at the top of the page and look for an auction that will end soonest and has several bids. The phone I found has approximately five minutes remaining until the auction ends and the highest bid is $455. Check out a few more examples to get the best idea of a good price to list your phone for in your Facebook or Twitter post.
You can use a similar process by browsing the Craigslist classifieds. On the Craigslist homepage, in the search box I entered “used 32 iPhone 5”. In the results I selected the box that requires an image be included in the post, this way I know the sellers are more serious. Within the local search results I can see other people are trying to sell their phones for $550, $500, and $350. Based on these results I would try to find a price somewhere in the middle and sell the phone around $475.
Another option to determine a price is to use the Movaluate tool. Movaluate’s fair market appraisals are based on data collected from the millions of transactions made on online auction sites. When I look for a fair market value price for a used Verizon iPhone 5 32 GB it shows a price of $460.
Include High Quality Pictures
When posting your phone for sale on Facebook or Twitter, you’ll want to include detailed high quality photos that show and prove the condition of your phone. I’m sure most of your friends will trust you if you say your phone is in great condition, but a high quality picture will grab more attention than a post without one. It will also help you sell your phone at higher price, rather than coming down to a lower offer.
You can take pictures with a camera and upload them to your computer, or if you don’t have a camera you can take pictures of your phone in the mirror. If your personal cell phone is your only device that you own that takes pictures then I recommend you ask a friend to take pictures of your phone on their own cell phone and then email them to you.
Avoid Fees Selling Your Used Cell Phone
If you are selling your phone on eBay, there will be a much larger audience of interested buyers. You’ll find a buyer quicker amongst a group of millions of registered users. However, the downside is that eBay charges fees to use their marketplace. Although their isn’t a membership fee to register for an account on their website, there are selling fees. There are a wide variety of fees including fees for listing a product for sale, adding pictures, a percentage of the final price, etc… On top of eBay fees, you’ll also have to pay a transaction fee to PayPal, which will handle the payment from the buyer to the seller. If you think this is outrageous, join the millions of others who make a living selling stuff on eBay that are furious with the eBay’s policies. There are even blogs and message boards dedicated to support people who hate eBay. Luckily, there isn’t a fee to sell your phone on Facebook or Twitter.