You’re standing in the Goodwill aisle, holding a vintage Starter jacket that looks like it could be worth something. The tag says $12.99. Your gut says buy it. But should you?
This moment right here is where most flippers either make money or waste it. The difference between profitable resellers and people who end up with a garage full of junk? They ask the right questions before they buy.
Here are the 5 questions you need to answer before any thrift store purchase.
Question 1: What Will This Actually Sell For?
This seems obvious, but most people skip this step or just guess. Guessing is how you end up with a closet full of “I thought this would sell” items collecting dust.
You need real data. Specifically, you need to know what similar items have actually sold for recently. Not what people are asking. What buyers are actually paying.
The fastest way to check this:
- Pull up eBay on your phone
- Search for the item
- Filter by “Sold Items”
- Look at the last 30-90 days of sales
If you can’t find any sold listings for that exact item or something very similar, that’s a red flag. It either means there’s no demand, or it’s so rare you’ll be waiting months for the right buyer.
For that Starter jacket, you might see similar ones selling for $35-60 depending on the team and condition. Now you have real numbers to work with.
Question 2: What’s My Actual Profit After Everything?
Found out it sells for $50? Great. But $50 is not your profit. Not even close.
Before you buy anything, do quick mental math:
- Expected sale price: $50
- Thrift store price: $12.99
- Platform fees (roughly 15% on eBay): $7.50
- Shipping: $9
- Packaging: $1.50
Real profit: $50 - $12.99 - $7.50 - $9 - $1.50 = $19.01
That’s still a solid flip. But notice how that $50 sale turned into $19 in your pocket? That’s reality.
A good rule of thumb: if your expected profit is under $10, it’s probably not worth the time and effort unless you can process it really fast.
Question 3: How Long Will This Take to Sell?
This is the question most new flippers completely ignore. And it’s one of the most important.
A $30 profit means nothing if the item sits in your inventory for 6 months. That’s money tied up, space taken, and mental energy wasted on something that might not even sell.
When you’re looking at sold listings, pay attention to:
- How many sold in the last 30 days?
- How many are currently listed (your competition)?
- Is this a seasonal item?
If 50 of them sold last month and only 20 are listed now, it’ll probably sell fast. If 3 sold in 90 days and 200 are listed, you’re going to be waiting a while.
Fast-selling items at lower margins often beat slow-selling items at higher margins. Cash flow matters.
Question 4: What Condition Is It Really In?
Be honest with yourself here. Like, actually honest.
That “minor stain” you’re dismissing? Buyers will see it. That “barely noticeable” hole? Someone’s going to return it. Those “slightly worn” soles? That’s a $40 shoe dropping to $15.
Check everything:
- Hold it up to the light to spot thin spots and holes
- Smell it (seriously, smoke and mildew kill sales)
- Check all zippers, buttons, and closures
- Look at high-wear areas: armpits, collar, cuffs, knees, seat
- Test electronics if possible
Then be realistic. If it’s truly excellent condition, great. If it’s “good” condition, price accordingly. If it’s rough, calculate whether it’s still worth it at a lower price point.
Condition issues don’t just lower your sale price. They also increase your return rate and negative feedback risk. Factor that in.
Question 5: Do I Actually Have Time to Flip This?
This is the question that separates hobbyists from people who make real money.
Every item you buy needs to be:
- Cleaned or prepped
- Photographed (multiple angles, good lighting)
- Listed (title, description, measurements, etc.)
- Stored somewhere
- Packed and shipped when it sells
If you’re already sitting on 200 unlisted items at home, buying more is just making the problem worse. That Starter jacket can’t make you money until it’s listed and sold.
Before you buy, ask yourself: Will I actually list this within the next week? If the honest answer is no, maybe put it down.
Some flippers set hard rules like “I can only buy 10 items per sourcing trip” or “I can’t buy anything new until I list everything I already have.” These constraints force discipline and keep inventory moving.
The Quick-Check Framework
When you’re in the store and need to decide fast, run through this checklist:
- Comps exist? Can you find sold listings for this item? (If no, put it down)
- Profit over $10? After ALL costs, will you clear at least $10? (If no, put it down)
- Sells within 30 days? Based on sold data, will this move quickly? (If no, think twice)
- Condition is saleable? No major flaws, stains, smells, or damage? (If no, put it down or reprice)
- You’ll actually list it? Be honest with yourself. (If no, put it down)
If you can say yes to all five, buy it. If you’re saying no or “maybe” to two or more, walk away.
The “Death Pile” Problem
Let’s talk about something that happens to every flipper eventually: the death pile.
That’s the pile of stuff you bought but never listed. It sits in a corner, or a bin, or a spare room. You walk past it every day feeling guilty. Eventually you forget what you even paid for half of it.
Death piles happen when you buy without discipline. When you buy based on “this looks cool” instead of “this will sell for profit quickly.”
Every item in that pile is money you’ve spent but haven’t recovered. It’s not profit. It’s not even inventory. It’s just stuff you own now.
The five questions above are designed to prevent death pile syndrome. Use them.
When to Break the Rules
Look, sometimes you’re going to break your own rules. That’s fine. Just do it intentionally.
Maybe you find something you know is valuable but can’t verify in the moment. Maybe it’s a niche item you have expertise in. Maybe it’s something so cheap the risk is basically zero.
The point isn’t to be a robot. It’s to have a framework so you’re making conscious decisions instead of impulse buys.
The best flippers I know break their rules sometimes. But they know they’re breaking them, and they have a reason.
The Bottom Line
That thrift store find might be worth it. Or it might be a waste of $12.99 and three hours of your time. The only way to know is to ask the right questions before you buy.
- What will it actually sell for? (Check the comps)
- What’s my real profit? (After ALL costs)
- How long will it take to sell? (Check the velocity)
- What condition is it really in? (Be honest)
- Will I actually list it? (Be really honest)
Answer these five questions, and you’ll make better buying decisions immediately. Your inventory will turn faster, your profits will go up, and you’ll stop accumulating stuff that never sells.
Now get out there and find some actual deals.