Archive Ventline A 'Used' company with a knack for newness By Mardis C. Hall UsedBookBroker is becoming the on-line source for all your college textbook exchange and purchase needs. UsedBookBroker has gone further than these isolated efforts to bring this idea to a national level. There are other services that are in the same business of trying to cash in on the boom in book buybacks, like rival Varsitybooks. The typical return for a student from their respective bookstore is in the range of 10 percent - 30 percent when they sell text materials back to the school. This is how the company operates.
Students are able to request a textbook from up to three potential sellers.
The first seller that responds to the on-line request receives the address of the person, and then mails the book directly to them. The company tracks the mail traveling of the book, and when the purchase has arrived safely to the buyer in satisfactory condition, the seller is sent payment. UsedBookBroker uses PaypalR, a popular on-line credit system that allows for payment to go from the buyer's credit card to the seller's checking account. The charge to the seller is only three dollars per book sold. Clay Kallman is the co-founder and president of the company.