Make Money Buying Unclaimed Freight

By Teri Farley


If you are the person that is always looking for ways to make money, you might want to look into unclaimed freight. There are hundreds of packages each year that are refused upon delivery and expected that they will be returned to the shipper. For some reason, it never reaches its destination and sits in a warehouse.

Not all of this kind of merchandise is the result of a product that is damaged. A buyer may simply refuse delivery for some reason or another and the property that was supposed to be sent back to the supplier winds up sitting for an indefinite period of time in a warehouse. It could be a matter of wrong size; wrong color; or not what you ordered.

A number of people keep their eye where these items are stored. From time to time they come up for sale at greatly reduced prices. Resale by you can result in a hefty profit being made. Many are still in the original box with no indication of what it is. It can be a bit risky but the benefits usually outweigh the losses.

Auctioneers are often hired to handle the sale. Many deal only in unclaimed merchandise abandoned by its owner. Storage units are famous for these sales. When renters fail to remit the rent, the facility owner retains the right to sell the contents to recoup their fee. How the sale is handled is decided by the owner and it can be auctioned off as single units or the contents of an entire unit can be had for one price.

Criminal activity in many areas of the law result in that person;s property being confiscated by the police. These things run the gamut of home contents; business contents; or even the vehicles that the party owns. The kind and type of products found this way can vary widely and sell for very low prices. Reselling these items can bring you a hefty profit.

Find ways to make connections with wholesalers. Often products that they carry will far exceed the demand, leaving them with warehouses full of stock. If you feel you have an outlet for these things it is possible to recoup your initial investment with a hefty profit.

When you are having a difficult time locating that illusive item, the auctioneer may be able to locate what it is you are looking for. You may find it listed on a website in an upcoming auction. If not, give them a call, they just may know exactly where you can find the item or the person to contact that may have one.

There are some people who actually make a good living buying and selling unclaimed freight. They become so adept at what they do, it is the rare instance where they fail to make money. These bargains are often passed onto the buyer and you can often pay half of what you would for a brand new one.




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