Jill's Take on eBay Land Sales (CFFL 0060)

Jack Butala: Jill's Take on eBay Land Sales. Every single month we give away a property for free. It's super simple to qualify. Two simple steps. Leave us your feedback for this podcast on iTunes and number two, get the free ebook at landacademy.com, you don't even have to read it. Thanks for listening.

Jack Butala:                   Jack Butala here for Land Academy. Welcome to the Cash Flow from Land Show. In this episode, Jill and I talk about eBay: the good, the bad, and the ugly. Hey Jill, you know we've sold ... Hi.

Jill DeWit:                            Hi. That's the name of a movie, right? The exact title?

Jack Butala:                   It's a-

Jill DeWit:                            Was that a western?

Jack Butala:                   Yeah, it was a western.

Jill DeWit:                            Okay, thank you. [crosstalk 00:00:19]

Jack Butala:                   We've sold thousands of properties on eBay over the years, and I feel super qualified actually to discuss this topic. I bet we can actually have an informative show rather than just you and I bantering and venting about life.

Jill DeWit:                            This is a good topic. This is a great topic and it comes up now and then. I even had a new member yesterday asking me if that's my number one thing. I thought, "Great question." It's not our number one. Once upon a time it was. I was going to talk about eBay then, eBay now, and the future of what I see with eBay.

Jack Butala:                   Yeah. Let me give a little background first. This is how this all started.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                   If you get the free e-book, I know I talk about it a little bit in the e-book. I know in the program all of chapter one is devoted to how this whole crazy thing started. I bought a piece of property on eBay from my coffee table a lot of years ago in 1999 I think and dressed it up, changed the maps, cleaned it all up, and sold it for twice as much. I said to myself, "There's something to this." We obviously made it into an institutional company.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                   Times have changed and I still think it's a fantastic way to sell property and generate money really consistently. There's a little bit more work involved these days because customers seemed to have changed. Thousands and thousands of properties are sold, and we still sell property on there every month.

Jill DeWit:                            That's the thing. Back then when eBay was new and exciting, that was the place. It's somewhere 15 million dollars ... I think it's between 15 and 16 million dollars-

Jack Butala:                   Yeah.

Jill DeWit:                            When you add up ... We have those two eBay accounts-

Jack Butala:                   Yeah.

Jill DeWit:                            That have completed sales.

Jack Butala:                   We're the largest land seller on eBay for several years.

Jill DeWit:                            Mm-hmm (affirmative).

Jack Butala:                   I met ...

Jill DeWit:                            Meg.

Jack Butala:                   Meg Whitman, yeah.

Jill DeWit:                            Yeah.

Jack Butala:                   You get invited to this thing called ... I don't even remember what it's called. When you're a high-volume, high-dollar seller like that, you get invited to this special group.

Jill DeWit:                            I wonder if they even do those anymore.

Jack Butala:                   I'm sure they do.

Jill DeWit:                            Do they? Okay.

Jack Butala:                   This is how I summarize eBay, and then I'm going to turn it over to you. eBay is a great cash-flow mechanism. If you're short on cash and you own a bunch of property and y...