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Reselling Excess Parts
Reselling Excess Parts
Matthew Haber avatar
Written by Matthew Haber
Updated over a week ago

Cofactr has connections with several North American brokers and resale marketplaces to help you resell excess inventory that you may have and no longer need in a compliant manner.


How to Resell with Cofactr

Step 1 - Select Your Resale Partner

Before you can begin reselling your excess inventory, you'll need to select which broker(s) or marketplace(s) you would like to work with.

Before requesting that parts be resold via the Cofactr platform, please email [email protected] or contact us via the in-platform chat box to specify which of these two strategies you would like to use.

Step 2 - Send Your Stock to Cofactr

We only support reselling inventory that is stored at Cofactr. If your inventory is already in storage at Cofactr, no action is required. Otherwise, please follow the instructions here to ship your stock to Cofactr. Please note that our standard receiving and storage fees will apply per your contract.

Step 3 - Request Resale

Navigate to your Stock Lots within the Cofactr platform.

Select the ones you would like to resell.

Click the resell parts icon, which looks like a little shop.

Step 4 - Get Paid

Once your parts sell, you will be paid directly by whichever broker or marketplace you choose to work with. Standard kitting & shipping fees, when applicable, will be applied to your monthly bill.


FAQs

Will my parts sell?

Higher value chips and connectors will likely be able to sell, particularly if they are in limited supply via authorized channels, have a date code in the past few years, and are a higher quantity lot. Low-value passives typically will not sell, or will not sell for much. Parts with very old date codes or no original manufacturer packaging will have a harder time selling. It will be easier to sell parts when there is a full reel or other higher quantity than if there are just a few of a given part. Finally, parts that are in limited supply will be much more likely to sell at an attractive price point than parts that are readily available via authorized distributors.

How much will I get for my parts?

Depending on a variety of factors, somewhere in the range of 10-50% of their price through authorized distributors is typical. If the part is high value and in shortage conditions, it's possible you could get a return that's higher than 100% of their price through authorized distributors.

What happens if my parts don't sell?

Your parts will remain in your storage at Cofactr until they sell or you choose to do something different with them. You can always request free e-waste recycling via the Cofactr platform.

Can I sell my parts to anyone?

Cofactr maintains a rigorous export control program. We are not able to ship materials to any denied parties or to any location in violation of US export laws. We automatically review relevant ECCNs and destination country data for all outgoing shipments and flag non-compliant shipments. We are also unable to facilitate resale to brokers in any country if they have a documented track record of selling counterfeit materials or selling materials in violation of US export control laws.

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