At a time like this, when financial stability is emphasized, most of us have been searching for ways to make some easy money.
If you fall into the same category, read on as I present my review and answer whether BuyBackWorld is a legit company or indeed a big scam, as speculated.
The pandemic still predominantly affects economies worldwide, and countries find it challenging to keep up with its blazing fast pace.
People are scared and are scrambling to find ways to navigate this pandemic like total pros, all while making sure to put food on the table.
Even worse, even the job market has become so competitive, and many have been forced to take on several part-time or project-based jobs.
Luckily though, a considerable number of companies are opening up their doors and offering opportunities to the world by creating remote work positions that have relatively lower qualifications than traditional jobs.
Here are a few WFH jobs that don’t require any experience:
- Virtual assistant – will require you to have some basic skills in data entry, use of Microsoft Office Suite, or fundamental graphic design skills (even using Canva will do). You can post your services on Fiverr or apply via Upwork.
- Online ESL Teacher – depending on the company you will sign up with, you can teach basic conversational English to other nationalities. You can check out Whales English and Cambly.
- Online transcriptionist – before you apply for any of the available transcription jobs from Rev or Upwork, please note that the rate here depends on the field you are transcribing. For instance, those in the field of medicine are being paid more than regular business-based audios.
- Contact tracer – while this may vary depending on your country, some tracers may be required to personally visit places or people to identify, assess, and manage people who might have been exposed to a carrier. You can check out your immediate community and ask for available positions. If you are interested in this, please check out the job description template produced by CDC to review the functions and expectations.
- Freelance writer – if you have the skills to string a sentence together (and make sure it has sense!), then landing a job in a huge range of industries as a writer is possible. You can check out Contently, NerdWallet, or even post your services through Fiverr.
- Bonus: YouTube Celebrity – As much as I don’t want to admit it, becoming a YouTube celebrity is a good way to earn. While the return on investment may indeed take some time, please note that some of us can provide for ourselves just by focusing on this.
However, suppose you’re someone who’s looking for something that is quick and doesn’t require as much work. In that case, one of the best ways to make a fast buck is to sell your products online.
If you’re interested in decluttering and making money from your old stuff, then selling it through some of the best platforms is the way to go.
In today’s post, I’ll share my Buybackworld review and give you my honest thoughts on whether it’s a suitable marketplace or if you should stay away from it and look for something else instead.
If you are up for that, then let’s crack straight into it. 👇
Buybackworld Review
Buybackworld was founded in New York City and has been established to engage people towards responsible disposal and recycling of used electronics.
It was officially launched in 2010 and has quickly become such a strong force in the market, allowing it to be recognized by:
Just like how Vintage Cash Cow and Decluttr works, Buybackworld aims to provide two types of services:
- Selling – for those interested in profiting from their used devices
- Buying – for those looking to get lower prices
The tagline of this 2009-born company is “Bye. Buy,” which suggests that you can buy those at a competitive price with no additional fees attached when saying goodbye to your old items.
Yup, you read that right. 🙂
There aren’t any additional fees because once you get a quote and hit the “sell” button on their page, the company will send you a packet/box to store your item and have it shipped for free.
Once it is delivered at the facility, their specialists will have a look at your item, assess if the quoted offer still stands, grade it, and provide you with a new proposal that you can accept or decline.
They have a B rating, and based on customer reviews on Trustpilot, most of the new quotes are lower than the instant quote on the site.
However, upon checking the FAQ of the Buybackworld, I realized that they have every right to change their offer.
I mean, as a seller, we sometimes might be so motivated in selling the items that we forget to consider their updated value.
easily the best way to make money online!
With this, we may have input the incorrect model number, bad ESN, or the current “condition” of our device (and its peripherals and boxes).
If accepted, the payment will be processed via cheque, bank deposit, Buybackworld gift cards, or through PayPal within two business days. If declined, they will send the item back to you with no additional costs.
Please note that if they give you a quote and you don’t reply within five working days, Buybackworld will process the new quote, and you will receive your payment via cheque.
Perhaps, you are now wondering about the types of items that can be sold using this platform. Well, as of writing, there are 12 major categories that they are focusing on, and this includes:
- Cellphones
- iPad
- iPhone
- iPod
- Macbook
- Apple Desktop
- Apple Accessories
- Tablet
- Gaming Console
- Camera
- Smartwatches
There are also other products that you can sell like GPS, mobile broadband, calculators, MP3 players, PDA, headphones, wearable tech, laptops, camera lenses, video cameras, media players, speakers, video games, gift cards, home automation devices, apple watches, guitar effects pedals, drones, and graphics cards.
Once you have your item ready, all you need to do is go to their site, search for your item by keying in the product details, scanning the UPC barcode, or getting a custom quote based on your filled-in information.
To get a better value for your gadget, I highly suggest being honest about your item’s condition. One of the reasons why some poorly rate the company is because they weren’t truthful about the actual item, and some even sent theirs to Buybackworld with passwords!
And, of course, if the device you’re selling has a password, the company can’t really assess the device due to the following reasons:
- data privacy.
- the possibility of a stolen device.
With this being said, if you are trying to sell your items here, I hope you’ll make sure to actually prepare your gadget first by removing all personal data and ensuring that it is not encrypted.
Is Buybackworld Legit?
Buybackworld is legitimate and a fantastic option for selling your used gadgets. At the end of the day, it really comes down to how much your device’s actual value is.
I managed to sell my phone and surprisingly was offered good money for it. My iPhone’s battery was pretty worn out, but I still was able to sell it for around $140, which is a reasonable price considering it was a model 8.
To get a range, I recommend checking out the different marketplaces like Decluttr, Gizmogul, Swappa, NextWorth, and Amazon marketplace to see which one has the highest offer.
The fact that INC. recognizes it as one of the fastest-growing companies in New York really says a lot about the company’s legitimacy. ✅
It was also featured by other legitimate multimedia companies like Forbes, Lifewire, and CNet and has garnered specific recognitions such as the Elite seal from Reseller Ratings.
It also has a 3.47-star rating on Sitejabber, a legitimate profile on Crunchbase, and a 100% trust score from ScamAdviser.
Is Buybackworld Safe?
In terms of safety in browsing and adding your credit card information shopping on the site, the Buybackworld has an updated and active SSL certificate and is protected by Trust Guard.
They also have 24/7 customer service available, meaning that there will be someone who will help you out if you ever run into a problem.
I also did a fast check of the website’s safety using URL Void, and it showed a favorable report showing that there are no blacklisted scripts, malware, or phishing programs running on the site.
The same result is true for the SSL Trust checker. 👍
Regarding your gadgets’ safety during shipping, please note that the company does not offer insurance.
If something happens to your device during transportation to the facility, this will not be shouldered by the Buybackworld.
If you want to add insurance, you can do so by visiting your local postal office. This is a severe downside, and I hope that they will eventually consider giving proper insurance like the one done by Vintage Cash Cow.
Buybackworld Complaints
There are different reviews about the company, and I think it’s on a lukewarm spot: it is liked by some but not well-loved by others.
There are reports on BBB, YouTube videos, and Trustpilot that revolve around one theme: the company somehow provides low ball offers.
As narrated by many customers, the Buybackworld is interesting because it gives a reasonable quotation on the site, but once your item is assessed, the quotation significantly changes.
With this being said, I don’t recommend Buybackworld if you’re looking to score big cash out of your gadgets. You have a better chance to sell it at a higher price through Amazon or Facebook Marketplace. 💯
However, if you are interested in the convenient and hassle-free disposal of your items, this is definitely an excellent place you should look into.
Aside from the fact that it costs nothing when you work with them, they also buy gadgets even if they’re completely broken. Such a great way to prevent electronic waste, don’t you think?
Is Buybackworld A Scam?
With over 26k followers on Facebook, 5k on Twitter, and 3k on Instagram, the Buybackworld has fewer followers than Decluttr.
But what sets it apart from other companies is that it gives impressive information and fairly average quotes, especially for Apple devices.
They also have a two-day quick-pay scheme to ensure that you will get your money right away.
Given how safe the company website is and how long they have been in the field without gaining any sketchy cases against them, I have to say that Buybackworld is worth checking out.
As I have said, you should definitely cross-check the value of your device among different sites like this one. 💡
But if you’re looking to dispose of your gadgets quickly and responsibly, and you’re interested in getting paid fast (even if some offers may be low), then this is something you should consider signing up with.
I personally like the company because it has a range of payout options, making it truly hassle-free. Also, if you will turn it into credits under their site, you will unlock an extra 5% off when you purchase something.
They do not really advertise it, but I guess this is like a reward given by the company, and it’s always great to hear that.
How I Make A Living Online
As you can see from this article, you can indeed earn from your pre-loved items, but the truth is – you can never really get a lot out of them.
It may be a quick and hassle-free way to make a dollar or two, but let’s be honest here, a few dollars aren’t enough to improve your financial health.
If you’re looking for something significantly more profitable that doesn’t require a lot of investing, you might want to listen to what I have to say.
The opportunity that I’ll be sharing will allow you to start your own fully digital business, which can potentially become passive in the long run.
I’ll be introducing you to the business model to whom I owe my success and show you the exact step-by-step blueprint of earning a living online.
I ain’t holding you hostage, so please feel free to leave this page if you think that I’m just another online “guru” that’s trying to sell you on yet another overpromising done-for-you system.
If you’re somewhat familiar with me and what I do on this blog, then you must know I despise those types of systems, as should you.
The blueprint that I’ll share with you in just a second runs like a clock, but it does require some elbow grease, and only then will you be able to enjoy its perks.
I don’t want to keep you waiting, so I suggest you look at my money guide as it clearly explains everything there is to know about my business line and breaks down the entire process of how I bring home the bacon. 💸🥓
Again, please don’t expect to make thousands of dollars upon the first week of starting, as this is a real online business you’ll be building.
This business model literally changed my life for the better and practically saved me from wasting years living from paycheck to paycheck!
I know that many say that starting an online business costs a lot, but the truth is, it doesn’t have to.
Not only that, but you don’t even need to have any sort of expertise to get started. Speaking from experience, all you need is the willingness to learn and improve with time, and the money will come.
My Buybackworld review is coming to an end, so please make sure you check my guidebook out; and in the meantime, I hope that I was able to provide you with a solid answer on whether this marketplace is legit or not.
If you have any questions, feel free to leave a comment below, and as always, I promise to give my best to get back to you in a bit. 👋
I was interested in finding somewhere legit to sell my old tech collection, but I wonder if some of my items are too outdated to try and sell here, like old desktop computers.
Technology moves so fast nowadays that it is hard to keep up, and you need to keep replacing items to keep on top of technology.
This site does save a lot of hassle when it does come to selling your previously loved gadgets, and it does make it easy to do so, even if the price they quote isn’t always what you think it is worth.
You’ll never know if you don’t try. At least consider selling them just to free up some space around the house. I still have a few old iPhones left myself, and I might as well sell them too.
I’ll settle for less as long as I don’t see them lying around.
This looks like a great way to sell electronics.
I got excited until I saw that I could not sell my PC. I just bought a new computer, but I need to do something with my old one.
There is absolutely nothing wrong with it, and I would love to find a way to resell it. Best Buy has a buy-back option but what they offer is a joke….$10.
There’s nothing wrong with my PC.
Granted, it is seven years old, but it works perfectly fine, and I know it could come to good use for someone.
I’d try Craigslist if I were you.
I resold a few laptops when I was living in the States, but please be careful how you receive payments and all of that.
You could also try the Facebook Marketplace.
I noticed you mentioned that BuyBack world is an option for your gadget to be recycled, and you get paid for it. That’s pretty smart.
I feel like many people get an upgrade then throw the old one in a draw where it just sits until they upgrade again and it receives a new addition to the drawer.
I’m definitely going to have to look into it because I have quite a few obsolete items that I’d rather not pitch, but I might as well try to make a buck in the meantime.
If BuyBack world didn’t exist, would you go with Facebook Marketplace or E-bay?
E-bay is legit, and you’re well protected as a seller. However, the Facebook Marketplace is a bit sketchy.
I’ve sold all kinds of different things there before, from phones to cutlery and even bikes and whatnot. I made good money, but you should also know that I got scammed twice.
So, E-bay – YES.
Facebook Marketplace – NO.
BuyBackWorld looks like a good deal if you’re looking to get rid of your old gadgets in a hurry.
I’m sure if you really want/need to get rid of an old phone or computer, you can make more putting it on Craigslist, eBay, or marketplace, but then you have to deal with people that may or may not be totally safe.
Using BuyBackWorld would be much easier and safer than other methods. This is a platform I had not heard of, but I will give it a try when it’s time to trade in my phone.
You could do that, but as you said, you’re not as safe there.
At one point, I used to flip phones for a living on Craigslist but got scammed multiple times. It’s up to you what you want to do.
I actually looked into some of those WFH platforms you mentioned, but some skill is needed. Like anything else, I had to put effort into getting leads and work on my proficiency to start making money.
The one thing you need most is dedication until profits arrive. Some people do not have the necessary time to do that.
BuyBackWorld sounds like an excellent way to make a decent living by buying and selling products. What would the investment cost be if you did not have much of your own stuff to sell?
Also, what is the Buy/Sell ratio required to be reasonably successful?
The only skill you need for those jobs is a good command of written and spoken English. By the looks of it, you have both.
I agree with you, Alex.
Having a growth mindset and staying dedicated before the profits arrive is crucial for success. I’ve experienced this first hand, and if it wasn’t for my stubbornness, I sure as hell wouldn’t be here replying to your comment.
You can make a lot of money by flipping items on BuyBackWorld. I haven’t tried doing that yet, so I wouldn’t know the ratio. I’m guessing $1000 would be a good starting point.
As you said, this may be a good way to earn some cash, but it cannot give you a sustained income.
There are far better ways to make money online in a sustained manner by creating your own business with little initial risk.
I have seen many places where you can sell your gadgets, but I didn’t know about this one. Thanks for the heads up!
Unless you’re an active reseller, none of these sites can provide you with a sustained income.
I agree that there are far better, more reliable, better scalable opportunities out there, but as opposed to BuyBackWorld, they actually require some effort and even a tiny investment.
It depends on what you’re after at the end of the day!
Great stuff as always, Gorjan. I’ve only used Swappa, and I really liked it. However, I used it as a buyer, not a seller.
I have a phone I want to get rid of, and I don’t know if I should bother with the usual sites. I might give this company a try. The concept is really interesting, and the process sounds hassle-free.
The only thing I don’t like is they don’t offer shipping insurance. Everything would be perfect if they just added that.
Thanks for sharing.
I’ve tried using Swappa as a seller before but wasn’t as satisfied. I’m sure you’ll be able to profit from it nicely, but please make sure to cross-check prices before actually selling it.
I’m not sure if they’ll ever consider adding shipping insurance. People are selling their used electronics at the end of the day, so there are plenty of ways to defraud the company.
Hey there, I really liked your review on this, and it helped me understand this platform better. I was able to relate to it a lot and understand it way better than I did before now. Thank you so much for this amazing review on the BuyBack world.
I really appreciate it.
I’m pleased I could help, Collins.
I hadn’t really considered making extra money selling my old electronics seriously until now.
Most of the other venues didn’t offer prices that were really even worth the trouble of sending them in, but I will definitely consider using BuyBackWorld in the future. Thank you for the awesome breakdown!
BuyBackWorld is legit, and if you play it smart, you can make some easy money out of it. Just as the title says, please watch out for low ball offers, and make sure to cross-check prices amongst other similar marketplaces.
This sounds like an excellent platform to make a quick buck while moving out some electronics that are no longer being used. It may not make me rich, but it will definitely free up some storage space.
I have a couple of tablets, one phone, and a Kindle that have been kicked around forever. And that’s just what I can think of off the top of my head.
Thanks for posting!
It’s best to check with BuyBackWorld, but from what I can tell, if you’re items are in good condition, you could easily make around $1000.
I hope you found my review helpful, and god willing, you make some good money out of your items.
Hope to hear from you soon, Cynthia.
Wow, this is awesome.
I did not know I had other options to sell my old electronics and gadgets. I still have an old iPod from 2007 and so many other devices that I just kept around in a box.
I wonder if they will buy a very outdated broken Iomgega network server that was pretty expensive at the time of purchase but crapped out on me after only one year. BuyBack World is definitely worth checking out.
They probably would, but please don’t expect to make much from it. I’m assuming your Iomega is at least ten years old, so it’s practically dead by now.
Thank you for this review about Buybackworld.
So far, I have only used Decluttr and Amazon marketplace. So, it’s great to have another option. I will even go and check the others you mentioned, Gizmogul, Swappa, and NextWorth.
At this point of the year, I have a lot of gadgets that are still useful but will soon have to be replaced. And they end up in a closet for years.
Smart move, Paolo.
Dispose of it properly, and make some money while you’re at it. Just please make sure to cross-check the prices amongst platforms.
I am glad to know about Buy Back world and its operations as an option. My husband and I recently retired, and we converted our home into a duplex as we intend to rent out a converted portion of it.
In doing renovations, we have some items that are in good condition but are no longer necessary. I will be considering this way you described.
I am an Apple customer, and with the model changes and upgrades, I might just be able to raise some extra cash. Thanks for the information.
I don’t know if you read, but I actually sold my iPhone and got pretty good money for it too. I tried selling it on other platforms as well, but none of them beat the price that Buybackworld offered.
I hope you land a great deal and get the money you deserve.