Kentucky textbooks broker says he will sell online college textbooks
A textbook broker from Kentucky said he would sell online textbooks for $1,000 or less if the demand for them was as high as he anticipated.
The Kentucky textbook broker, who asked not to be identified, said he was confident the market would be oversupplied with online college books.
He said he is currently on the lookout for another buyer for the classes.
“The demand for the class was pretty high, but I was surprised,” said the Kentucky textbook agent, who requested anonymity.
“I’ve been selling textbooks for a long time.
I’m just glad it’s finally going to be over.
The supply is just too low.”
Kelley Johnson said he sold three online textbooks at a discounted price of $600 and received offers of more than $800.
He then sold one of the online textbooks and received another $800 offer.
“I was really excited to sell the online textbook, but when I actually got that $1k offer I thought, oh my God, what if it wasn’t even a good deal?,” he said.
“If I’d had the opportunity to sell that one, I’d probably have sold it for $500.”
Johnson said he doesn’t want to get into any bidding wars with online textbook brokers.
He does not expect the online book sales to be an issue with textbook sellers, but he said he does expect some bidding wars will ensue.
“We’ve had a lot of trouble with some of the brokers who have been making offers that we’ve been reluctant to accept,” he told Reuters.
“It’s going to get ugly.”
Johnson did not immediately return a phone call or e-mail seeking comment.
The United States Department of Education’s National Association of Booksellers said online textbook sales are “a growing industry”.
The association said there are more than 6 million textbook brokers selling online books.
Online textbook sellers include Pearson, K12 and others.