AUSTIN (KXAN) - When someone is looking for the value of their car they checkthe blue book. Now an Austin company has come up with an onlineresource to find the blue book value of everyday items andcollectables.
"I'm getting ready to move, I need a little extra money so Ithought I would try and sell them on e-bay through iTaggit," saidNataysha Doyel, an Austin collector.
Nataysha Doyel has been a lifelong collector of Madame Alexanderdolls. To figure out its fair market value she's logging onto iTaggit.com.
"iTaggit is a website that allows customers to value items,personal possessions whether it be collectables, household items,and then export it to online market places," said Amanda McGuckinHager, the Marketing Director for iTaggit.
The Austin startup determines the value by calculating the last90 days of closed e-bay auctions. Nataysha finds her doll is valuedat 40 dollars. But iTaggit can also come in handy for someone whois in the market to buy something.
"If I'm buying on e-bay or Craigslist I kind of want to know amI getting taken, is this a good fair price, what's the lowest I canoffer on this?" said McGuckin Hager.
The company makes money by charging a small fee to search thevalue of an item. Collectors can also pay to have their collectionposted.
"It's a way for collectors to connect with each other and maybefix up their incomplete collection," said Doyel.
iTaggit can be a good starting point when trying to figure outthe fair market value of your stuff.
"It's kind of the bluebook of everything else," said McGuckinHager.
Value reports from iTaggit's can be used for insurance purposesor estate planning.
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