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Anyone brokering liquidations, closeouts and overstock deals?

by kumar
4 replies
Guys,

Anyone into exports-imports and specifically brokering the above kind of deals?

On the face of it, it looks less challenging to sell closeouts as its a win-win for both buyers and sellers, than it is for 'new' products.

Does the buyer ask for a Quality Check before signing the deal? Or as an agent/broker, your work is only limited to connecting them?

I am asking all this because I was looking at one of Jim Straw's course that goes into brokering closeout deals, and got curious if anyone here is doing something similar.

Will appreciate your inputs. Also if anyone has purchased Jim's course, I'd love a short feedback about it.

Thanks!
#brokering #closeouts #deals #liquidations #overstock
  • Profile picture of the author brandon_holcomb
    Originally Posted by kumar View Post

    Guys,

    Anyone into exports-imports and specifically brokering the above kind of deals?

    On the face of it, it looks less challenging to sell closeouts as its a win-win for both buyers and sellers, than it is for 'new' products.

    Does the buyer ask for a Quality Check before signing the deal? Or as an agent/broker, your work is only limited to connecting them?

    I am asking all this because I was looking at one of Jim Straw's course that goes into brokering closeout deals, and got curious if anyone here is doing something similar.

    Will appreciate your inputs. Also if anyone has purchased Jim's course, I'd love a short feedback about it.

    Thanks!
    I have some experience as I once sold shelf pulled NWT clothing on ebay. It is a very interesting market one that can move very very quick. Most buyer's of lots, pallets or that buy more then just one are under the assumption that there is not returns and all sales are final. I would stick with closeout deals as there is more money and less headaches and hassles to deal with as opposed to importing and exporting things. With importing and exporting you have to be willing to buy in big quantities, most of the time (containers that are shipped over seas.) Just to make it worth it and dealing with customs is not fun you are constantly stressing if you will get your merchandise or if it will arrive to its destination ok. Stick to deal brokering with in the united states and you will do excellent.
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    • Profile picture of the author kumar
      Thanks Brandon!
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      Life is not a sprint, its a marathon. A bad start does not really matter too much

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      • Profile picture of the author jslim
        Been brokering closeouts for 8 months after I researched this business model for 3 months. Made a bit of money. Enough to qui my job but it's been hard to close a deal in the last couple months. I bought Jim Straw's course 3 months ago and it's packed with good information. This is a good business to get into and when you stick with it, you start to make a whole bunch of connections. My goal is to make 30 000$ within the next couple of months and then look into exporting/importing. There is a lot of money there but like the other guy said, as beginner stick with closeouts within your continent. I live in Canada and only deal with stuff that is North american. To make some interesting connections, go to Linkedin and join closeout groups. Hope this helps.
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  • Profile picture of the author rising_sun
    Banned
    I agree with jslim,
    thank you so much for it,actually it's a challenging job.
    A brokers always face or he must always ready to face any problem or complex situation.
    Must think about his success nothing else.
    you said in your thread it is new product ,so it is more and more challenging .
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