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More commonly know as “word of mouth”.
Pros:
- Can be effective if you know a lot of acquaintances
and if they are looking specifically what you are selling.
- Don’t need to pay for advertisements or fees.
- No strangers.
- Usually you receive the money at the time of sale.
Cons:
- Determine the market value yourself.
- Limited number of potential buyers.
- Item is located somewhere only you have access to.
- Depending on the size you might be moving it
yourself.
- You only take checks or cash only; no credit cards.
- You are responsible for the payment and any
liability. That check might bounce.
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