For anyone who would like to dive into the eBay world and start selling stuff, I found this guide, and it's free for download (for now, so save it to your computer). Overall, I found it to be the most realistic and practical guide to selling on eBay. It's aptly titled "The Stay at Home Mom's Guide to eBay".
One rule of thumb I will share if you are purchasing items for resale - don't pay more than 33% of the retail price, otherwise you will not make any money. For example, if the watch retails for $100, don't pay more than $33 including tax, because on eBay it will only sell for $50. This works for the vast majority of items.
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