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11 Best Ways To Sell Notes Online (2024 Guide!)

If you’re a busy student with no time for a job–or you’re just looking for a way to make some extra money without much effort– I’ve got a good side hustle for you to try out.

A lot of students don't know this, but you can actually sell notes for money to make some quick and easy cash .

It doesn't matter if you're selling notes for a class you're currently in or a previous one either; there are tons of platforms that pay you for your lecture notes as long as they are detailed and legible.

Let's jump into the best note selling sites, how much you can make selling notes and study guides online, and answer some frequently asked questions you might have.

Looking for other easy ways to make money? Checkout :

• Branded Surveys : One of the best ways to earn free cash and gift cards by answering short surveys!
• Freecash : Another global survey website with gift card and cash prizes!

How To Sell Notes Online

There are plenty of websites that let you sell your notes for cash. However, it's worth mentioning that it's popular to sell college notes for money.

You can  still  sell high-school notes for cash, but this is mostly a side hustle for college students looking to earn some extra cash each month. So, now that you have your notes, let's look at some of the best sites for selling college notes online.

One of the more popular ways to sell college notes online is to use Stuvia .

Stuvia accepts just about anything you might write up for school, including textbook summaries, essays, papers, course notes and more.

You set your own rates when you publish your work, then Stuvia will market it to everyone on their site– they even notify the people in your area of study when you publish something!

Stuvia also has a review system, so you can build your reputation and bring in even more sales.

The average earnings you can get from a single document sale is $8.90. But, Stuvia says that note sellers make an average of $103 dollars a month on its platform .

Stuvia is a great place to start selling notes since it accepts a wide variety of notes, essays, and paper; you're not just stuck with selling notes or study guides as with other websites!

2. Nexus Notes

Nexus Notes is a subscription-based platform for note sharing.

As a note seller, you can upload anything from notes, summaries, templates, course guides and tons of other work that you have produced in your courses to earn some passive income on the side.

You also have two options for how you get paid for your notes :

• Revenue Percentage . Earn a percentage of Nexus Notes' subscription revenue based on how many times students view your notes.
• Free Access . Read other people's notes on the platform for free the more you upload.

This is a great system if you want to find study material for other courses you're taking and aren't just interested in making money online by selling notes.

However, Nexus Notes sellers earn less on average than other platforms since it reports the average user only makes a few hundred dollars per year.

But even so, a few extra hundred bucks a year is awesome if you're sick of having no money  and struggling through college!

3. OneClass

Most websites that let you sell college notes for money pay you per view or per download, so your notes might make hundreds of dollars or nothing at all.

In contrast, OneClass pays you a flat rate for providing notes for specific classes, so it's nice you know exactly what you're getting paid for your notes.

I actually had some friends do this as a side hustle during my second year of college. And from what they told me, you can make decen money selling notes online without much effort work.

However, to sell notes to OneClass, you apply as a notetaker for a specific course.

If your application is successful, there's a brief trial period. Afterwards, you're responsible for uploading class notes and material to the site each week.

You get paid on a per class basis, with each course earning you $470. You also get a reference letter you can use when applying to jobs in the future, and the position itself can help spruce up your resume .

Earning $470 per class isn't actually a great hourly rate when you consider you're selling notes every week.

But if you're taking these notes anyway , uploading them to OneClass is basically a way to earn passive income as a student .

4. Docmerit

Docmerit is a fast and easy way to earn money from your notes.

You set your prices and you keep 85% of the sale, so this is more flexible than selling notes to platforms like OneClass .

Plus, you receive funds from your notes within 24 hours of making a sale, so you can make money fast with Docmerit.

Docmerit recommends uploading notes during exam periods since students are scrambling to find study notes and are willing to pay, so this tip is worth remembering for other note selling websites as well.

Docmerit also recommends promoting your notes by using platforms like Facebook and Twitter. You can do this, especially if you find study Facebook groups for your college where people share notes.

Extra Reading – The Best Freebies For College Students .

5. Oxbridge Notes

Oxbridge Notes is a UK-based website that lets you sell notes for money.

This platform pays you 50% of the sale price for notes, outlines, sample test questions, and test answers .

Oxbridge Notes states that its users make about $250 a year , which you can collect throughout the year at the beginning of every month. Overall, it's a nice way to earn money online for beginners while helping out your fellow classmates.

One important thing to consider is that you have to be pre-approved to become a seller on the platform and they don’t accept handwritten notes, which can be an additional challenge depending on your note taking style.

However, you can sell a variety of notes, and the ability to also sell test banks and even sample test questions is a perk of selling with Oxbridge Notes.

6. StudySoup

If you like the idea of selling college notes for entire courses to get paid, StudySoup is another website like OneClass you can make money with.

To sell notes to StudySoup, you have to apply to be an Elite Notetaker.

The application process involves providing some basic information like :

• Your school's name
• Your full name
• Picking an email and password

From there, you complete a quick training session and are then responsible for uploading weekly notes and study guides if you're approved.

StudySoup states you earn about $5 for each upload but that you can earn up to $500 per course you cover , so the overall pay is similar to OneClass.

In this video from StudySoup, one student from Michigan State University explains how she earned almost $400 from uploading one study guide to the site:

Of course, this is a promotional video from StudySoup, so take all of this sort of information with a grain of salt.

Typed notes tend to do best, but you are allowed to upload written notes if that’s your preferred method.

According to StudySoup, their Elite Notetakers can bring in anywhere from $300 to $500 a month, which is a pretty solid income for a side hustle that requires little additional effort.

Extra Reading – How To Make $50 Per Day .

7. Studypool

Another very popular way to earn money by selling notes is to sell through Studypool .

Studypool states that you can earn $5,000 per month by selling your notes, exam prep material, homework, and textbook summaries .

Documents can earn up to $10 every time someone views it, and Studypool covers dozens of subjects, including:

• Computer Science
• Digital Marketing
• Political Science

The depth of topics and high pay rate makes Studypool quite enticing for selling your college notes.

Plus, you can also apply to become a Studypool tutor if you want to teach subjects like English or math or just help students with specific homework questions for one-time payments.

Top selling notes have apparently earned thousands of dollars, and some sellers report making a few hundred dollars a month through regular note uploads, so it’s definitely a good place to go if you’re looking to turn this into a side hustle.

You still have to get approved to sell notes to Studypool, but this is definitely one of the best note selling platforms due to the number of students on it and variety of topics.

Extra Reading – 9 Online Tutoring Jobs For College Students .

8. GradeBuddy

Another way to sell study guides and notes and get paid on a per-course basis is to sell with GradeBuddy .

GradeBuddy lets you earn in two different ways :

• Upload Individual Notes . Upload your notes freely to the database and make money whenever someone purchases that specific note. This is a great option if you want less commitment but still want to get paid for the notes you’re taking.
• Cover An Entire Course . Sign up for a specific course and make up to $500 by uploading weekly notes and exam study guides. This is the highest paying option but requires more work– although its bound to keep your attendance up and help you stay on top of your work.

If you don't have perfect attendance, you're better off uploading individual notes.

However, if you cover a course or two, that's potentially $1,000 in extra cash for you by selling your notes to GradeBuddy!

9. Notesale

Notesale is another site that makes selling college notes fast and easy. To get started, just upload your notes and set your price, then Notesale will handle the rest.

You get to set your own prices, and Notesale basically asks for some info about the notes you're uploading and then saves them in a PDF format so others can download them .

Unfortunately, there's not much information on average earnings for Notesale, and you need to set competitive prices in order to make more sales– which means you may not be bringing home all that much at the end of the day.

However, if you're struggling to sell your notes for cash with other websites, you can quickly upload them to Notesale, set low prices, and see if you earn something.

10. Course Hero

Course Hero doesn't compensate students financially for uploading notes, but you can earn rewards for uploaded documents that can go towards gaining free access to study materials on their website.

In other words, you can upload study notes and exam guides to Course Hero to access other guides on the website.

So, if you're struggling to take lecture notes for all of your classes, you can use Course Hero to catch up by sharing the notes you already have with other students.

Now, if you’re looking to make money with Course Hero, you can try its tutoring program and earn you up to $500 a month.

However, this will take up more of your time when you could just upload your notes to a platform that will actually pay you for them.

Extra Reading – How To Make Money On Autopilot .

11. Sell Directly To Students

One final option for you to sell notes and earn money is to sell them directly to your fellow students.

You have to work out individual arrangements with classmates for this to work. But when I was in college, some people did this and sold notes, test prep material, and study guides to other people.

This can also be something you do after you finish a course if you sell to new students about to take that same course.

How Much Money Can You Make Selling Notes?

Can you actually make money selling notes?

You definitely can, and many of the best note selling websites have thousands or even millions of students who buy notes from other students.

However, it's important to remember that while selling your notes is an easy way to make some extra cash to help out with school, it’s probably not going to make you rich.

There's a lot of competition out there, and it also takes time to find a platform that will give you the best price for your work, as well as for you to get a grasp on what kind of formats students are looking for when buying notes.

There's also some other factors that influence how much you can sell your notes for, including :

• Age . The older your notes are, the harder they are to sell since textbook editions and information becomes outdated.
• Add-Ons . Adding things like test banks, study guides, and practice questions to your notes can help you sell them for higher amounts.
• Depth . Generally, you can sell school notes for more money if you cover an entire semester and have very in-depth notes.
• Subject . Very complex subjects like math or programming are more specialized and can therefore fetch a higher price than subjects like English, although your market is smaller.
• Timing . As mentioned, selling notes during midterms and exams increases urgency in students so you can make more sales.

Depending on the site you use and the quality of notes you're putting out there, it’s safe to say you could easily make a few hundred dollars a month as long as you're consistent.

The right platform will depend on what school you go to and what classes you take, but from there you should focus on selling your notes to the highest bidder– that’s when you’ll see the money roll in.

Extra Reading – The Best Paid Survey Sites For Teens .

Alternatives To Selling Notes For Money

There are plenty of ways to sell notes and earn money. However, students should know that this side hustle takes time to get started.

Additionally, if you don't have  very  high-quality notes or notes for a popular subject, it might be tough to find consistent buyers.

Thankfully, there are numerous alternatives to note selling websites students can use to make quick money like :

• Using side gig apps like DoorDash and Instacart to make money delivering food and groceries
• Making money with freelancing ( writing , social media management, web design, etc.)
• Trying online jobs that pay like being a customer service rep or virtual assistant
• Online tutoring with companies like BookNook or in-person private tutoring
• Starting a blog or YouTube channel or some sort of online business
• Answering questions for money with different survey websites

Diving gigs like DoorDash or Instacart are a perfect example since they are way more stable and predictable than selling notes online for money.

And if you sell your skills as a freelancer, which is what I do with freelance writing, the income ceiling is much higher.

Just something to keep in mind! You can still sell notes online to earn money, but don't be afraid to explore other money-making ideas!

Extra Reading – The Best Ways To Make $1,500 Fast .

What Are The Best Notes Selling Websites?

The best websites to sell notes include StudySoup, Nexus Notes, and Stuvia. These platforms accept notes, essays, and study guides, and they're all very easy to use and can turn into an excellent passive income source for detailed note takers .

Just note that it can take a long time to make money with this side hustle. And not every subject or type of notes can make money if demand from students isn't high enough.

Frequently Asked Questions

Is selling class notes illegal.

This is a common misconception (and something my college professors tried very hard to get us to believe). However, it’s 100% legal to sell your college notes for money, as long as everything is in your own words.

Anything produced by your professors or institutions is considered intellectual property, so selling that online would be considered a crime– but anything you produce yourself is fair game.

However, you should always research your college or university's policies to see if they mention selling notes.

According to different Reddit threads , here's what some college students said about how to make money selling notes:

• tell-me-your-side says : “I believe that this gives the site full rights to your documents. Also, this can get you kicked out of many universities. Check your institution's policies first.”

As you can see, these students are skeptical that you can sell your notes without getting caught, so do some due diligence and read what your school's policy is.

If you want another side hustle, you can always try flipping books on Amazon since college textbooks are a great, high-margin item to flip!

Is It illegal To Buy Notes Online?

Just like it's not illegal to sell notes, it’s not illegal to buy them either. If you pay for the notes they are yours to use, you’re just not allowed to sell them to anyone else.

How Do You Sell Study Guides Online?

Many websites accept (and even require) study guides.

These can look different depending on the subject or course, but usually, study guides summarize all the key terms and concepts that are going to be on the midterm or exam.

Study guides can also include practice questions and answers, which many students look for specifically to help them feel prepared stepping into the exam room.

The benefit to these is that it’s just a round up of all the notes you’ve already taken, plus putting it together is good study prep for you and you can charge a higher price for them.

Extra Reading – How To Do Homework For Money .

Final Thoughts

You work hard as a student, and it's often difficult to juggle your workload with a part-time college job .

But, if money is tight, why not make money selling notes you already have?

Good quality notes can be hard to get and it’s not a skill that comes easily to everyone. You’re benefiting yourself and possibly hundreds of other students by putting your school notes up for sale online.

Even if you just make an extra $200 a month , every little bit counts when you're a student, so give this online side hustle a try!

Hopefully, our list of the best websites to sell notes helps you sell college notes and make some easy cash on the side.

Looking for other money-making and saving ideas? Checkout :

• The Ultimate Guide To Save Money In College .
• The Best Summer Job Ideas For Students .
• How To Make $300 Dollars A Day .

Tom is a full-time blogger and freelance writer with a passion for side hustling, passive income, and making money online. His work has appeared on dozens of personal finance websites like Money Crashers, The College Investor, Forbes, and more.

Tom also founded the blog This Online World - a finance site dedicated to helping people make money online - in 2018. After 6 years, that site merged with WebMonkey, with the goal of helping even more people earn their first dollar of online income.

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Sell your Study documents Online | Sell Notes, Summaries, Assignments & Past Exams for Money

Want to make some extra cash become a seller on paperstoc.

Are you a student or a professional writer? Do you know that your papers can earn you some extra cash? Well if you never knew you better be informed. For a student there is a lot to do with some extra cash. Perhaps finance your study, buy something nice for yourself, or enjoy a great moment.

This Guide gives you some 101 on how to earn money at PaperStoc by selling your used assignments, essays, quiz solutions, class notes and exams. Just think about it, the documents are lying idle in your computer or your desk, while they can be earning your some serious money. Ready to start? You better get ready as money matters

What can you sell on PaperStoc?

At PaperStoc, you can sell any study document that you own the copyright for.

How it Works?

Upload Your Study Notes

Sign up for free and upload your documents, study notes, and guides on Docmerit.

Set Your Price

Set the selling price yourself and promote your documents so that they reach many students.

Have Multiple Sales

When a student purchases your document, your earned money is directly credited to your account.

Let your Essays Earn you Money

Have tons of Essays, assignments, term papers that you no longer need? Start selling them to make some Extra cash. Upload Your Papers

Optimize your Submision2

Although It is prety easy to convert your unused essays into cash, you need to beat the competition by providing as much information as necesary.

Let Your Paper Stock Pay back

Once everything is all set, It is time to enjoy flawless income from sales. Let your unused term papers earn you a passive income

What To sell At PaperStoc

Selling at paperstoc is much more easier than you thought.

AT PaperStoc our mission is to ensure your success as a student. Consequently we have embarked on building a stock of educational resources that every student can rely on. At paperstoc.com you can all your written documents such as essays, homework solutions, term paper, quiz solutions, summaries, case studies etc. Of course we cannot make it by ourselves and therefore we request your participation.

Selling your study resources such as essays, term papers, dissertations and exam solution, not only earn you money but extends your gratitude to other needy students. More so, you are assured of a steady study materials for yourself too. As we say, don’t study alone..! Share what you are studying with other students.

How Do I Earn Money

This is how you earn cash selling your papers online.

At PaperStoc, We believe in the well-being of all our students. More so, we need you to make the most out of your effort. We know that putting down a paper is no easy task. As a result we let your effort work for you by giving you a platform to earn from your written work. At out site, you are able to create your own online shop with just a few clicks. Once your set up is ready it is time to start building your stock by uploading your papers. As simple as it is, you earn money for every download that is made through our site. A small commission of 30% goes to the site for maintenance and other stuff of course.

Freequently Asked Quetions

Some more selling tips.

Share your Uploads

Just Uploaded a paper? Let the world know about it by sharing it on your favourite social platforms such as facebook, twiter etc. You can also tell your friends about it by sending them links over email

It is important to provide relvant information about your sale item. Consequently, it is sufficiently important to share all the relvant information about the product that you ma have

How about Pricing?

We have a guideon pricing but we dont dictate the price to set for your items. Experiment with the price, to acheive maximal value from sales

Enter your search term

Search by title or post keyword

How to Sell Notes Online: An Easy 7-Step Guide 

Brett Helling is the founder of Gigworker.com. He has been a rideshare driver since early 2012, having completed hundreds of trips for companies including Uber, Lyft, and Postmates.

Since that time, he has expanded his knowledge into the Gigworker site, as well as writing the book Gigworker: Independent Work and the State of the Gig Economy Paperback,  now available on Amazon .

Are you having trouble finding ways to sell notes and earn some extra cash? 

It’s not just you. Many college students and recent college graduates are elite note-takers but are unsure of how to use their hard work for personal benefit in the long run.

Making an effort to take thorough, well-organized notes only to have them sit in a notebook or on a hard drive collecting dust can be a waste. 

Luckily, an easy fix is selling your notes online. By doing so, you can start a business of your own and earn additional income.

This article provides a step-by-step guide for selling notes, giving you all the information and tips you need to make your note-selling venture successful.

• Why Should You Consider Selling Notes?
• Problems With Selling Notes
• What You’ll Need to Sell Notes
• 1. Nexus Notes 
• 2. Oxbridge Notes 
• 3. Stuvia 
• Step 1: Create Compelling Notes
• Step 2: Choose a Platform 
• Step 3: Upload Your Resources 
• Step 4: Set a Price
• Step 5: Promote Your Notes
• Step 6: Manage Sales 
• Step 7: Update and Improve
• 1. Copyright Rules and Regulations
• 2. Customer Service and Feedback
• How Can I Make Sure That My Notes Are Original and Not Plagiarized?
• What Common Mistakes Should Be Avoided When Buying and Selling Notes Online?
• Similar Tutorials to Check Out
• Wrapping Up 

From financial perks to personal development, selling notes can offer a variety of opportunities to individuals. Below are some reasons that may motivate you to sell your class or college notes.

• Earn Money While Maintaining Your Focus: Selling lecture notes can help you earn extra cash without compromising your current commitments, such as work or studies. 
• A Source of Help for Others: You may help other students struggling to keep up with the course content by selling your notes on the subject. This helps them succeed and accomplish their objectives academically. 
• Improve Your Note-Taking Skills: The idea of being paid to write can motivate you to put in more effort, leading you to take better notes. You may make more organized and in-depth notes, improving your own academic performance and note-taking. 
• Create a Brand for Yourself: Selling high-quality notes on various subjects can help you establish yourself as an expert, develop your brand, and make passive income leading to financial independence.

While an appealing way to monetize your excellent note-taking skills, selling your notes has its own challenges.

Below are some common hurdles you might face while starting this venture. 

• Intellectual Property Theft: While uploading your notes publicly can help you reach a vast audience, it also makes your work vulnerable to intellectual property theft. If someone copies or steals your notes without your permission, they can use your content to profit themselves, resulting in lost sales and a tarnished reputation for you. 
• Scalability of Business: If you sell handwritten notes, expanding your business can be quite a task. With a growing business, you must build a sustainable system that handles increasing orders and maintains quality. 
• Competition: Education is a serious business, and it’s highly possible that there may be tough competition in the niche you target. Attracting buyers and standing out may require hard work and effective note-making from your side. Ensure your work is well researched, organized, and fulfills the expectations of your market. 
• Limited Earning Potential: Selling notes is a terrific way to make a little extra money, but it won’t make you rich. Your income potential may be restricted by the market for your notes and the level of competition in your industry. It’s crucial to have reasonable expectations and diversify your sources of income from note sales. 

If you want to be a successful note seller, you need a solid knowledge of your niche and the ability to explain complex concepts. However, here are a few resources that you may need to achieve your desired objectives.

• Platform: A platform to display and sell your notes on is an important need in the list. It can be a website, an online marketplace, or a social media network. 
• Proper Payment Processing System: For managing customer payments, select a safe payment method like credit/debit cards, PayPal , bank account, or Stripe, keeping in mind the convenience and feasibility of your customers. 
• Note-Taking Software: There are note-taking apps, such as Microsoft Word and Evernote, available for digitizing notes. These tools make it easier to organize notes, save time, and produce high-quality content for several platforms. 
• Marketing Strategy: Selling notes requires marketing expertise, and a marketing plan using strategies such as paid advertising, email marketing, and social media can help you promote your work, draw in your target audience, and make money.

Where to Sell Your Notes

From handwritten to digital notes, a variety of platforms are available for note-takers to sell their work. Here are some of the best ones:

In contrast to a freelance writing job , Nexus Notes is a monthly subscription-based model that enables you to sell notes online efficiently. 

On Nexus, selling is a rather simple process. As a seller, you must register on the website and upload your notes in several file types like Word, PDF, or Google Docs.

Simple notes, practice exam questions, or study materials with important details such as a title, description, and pricing can all be uploaded. 

Wait for the platform’s approval while they check the quality and relevance of the content. After the approval, your notes will be available for sale. 

Why Is It a Great Option?

There are two payment methods available when selling notes on Nexus Notes. The first is to get a share of the subscription income based on how frequently students view your notes. The second choice is to upload your own notes in exchange for free access to other people’s notes on the network. 

For people who are interested in finding study materials for specific classes or courses in addition to earning money, this is a fantastic choice. 

It allows you to sell notes without having to spend too much time and effort. 

• Fees/Commission: $35 per set of notes is paid by users and sellers split half the money with Nexus. 
• Payment Methods: Nexus Notes makes use of PayPal. 

A UK-based platform that allows you to sell notes online, Oxbridge Notes is one of the most popular options for selling notes online. 

Selling much more than simply notes is possible with Oxbridge Notes. All useful study material, including sample test questions and textbook summaries, is permitted on their website if it meets their quality standards. 

As it serves a global audience, including the US, Canada, Australia, and the UK itself, this is the best site to sell college notes online if you intend to gain recognition and build a brand. 

• Fees/Commission: An average seller can earn up to 72% commission on sales leading up to an average of $280 per annum. 
• Payment Methods: Note makers receive payments via PayPal. 

Just like Oxbridge, Stuvia isn’t limited to just selling notes. It’s way more flexible in its listing and allows essays, exam outlines, papers, textbook summaries, and more. 

You can start selling on Stuvia by signing up for free and creating a profile. 

Along with the wide range of study materials you may post, Stuvia gives you the freedom to determine your own prices while marketing your work to their large audience. 

It also notifies individuals in your field of study when you post something and offers a review system, allowing you to enhance your credibility and increase sales. 

• Fees/Commission: A single document should generate $8.90 on average. At Stuvia, revenue is based on volume; it’s said that note dealers make about $103 each month. 

How to Sell Notes Online: Step-By-Step Guide

We’ve established how selling notes online can be an easy way to earn money online for beginners , but how to actually do it? 

Since getting started can be overwhelming, here’s a step-by-step guide for you to easily start making money through this side hustle. 

The first step is to write excellent notes that are understandable and well-organized. Your notes can be written down by hand and then scanned onto your computer, or you can generate them digitally using note-taking software like Evernote, OneNote, or Google Keep. 

Use headers, bullet points, and other formatting tools to make the material in your notes clear and easy to understand. Organize your notes logically in a way that they’re easy to navigate through and relevant to the topic of concern. 

Research is crucial for finding a platform that best suits your needs. Before signing up, be sure to carefully read the terms and conditions, as each platform has different needs and payment options. You might want to consider things like commission fees, payment options, and the number of users on the site. 

Creating an account is inevitably the next step after choosing a platform. Set up a professional profile listing your expertise and qualifications to establish your credibility. 

From study notes to practice questions, all uploaded documents should be well organized and clearly written. 

You can choose to make large uploads by organizing your documents as a complete set or just split them into individual chapters to avoid any problems with the size. 

You may need to format your notes in a certain way for some platforms, so be sure to carefully follow the guidelines. 

Set a reasonable selling price for your notes. 

Consider the scope and complexity of the information and the audience’s interest in the topic. Don’t undersell yourself, but make sure your price is market competitive to attract the buyer’s attention. 

Every product requires an efficient marketing team to make the product visible and appealing. 

To reach potential customers, use social media, email marketing , and other strategies. You can make use of the platform’s built-in promotion tools to boost visibility. 

Utilize the platform’s dashboard to monitor your sales and earnings. It’s possible that certain platforms will provide tools to assist you in managing your sales, such as analytics or customer relationship management (CRM) solutions. 

Ensure that you swiftly and properly address any questions or comments from customers.

Update and refine your notes frequently depending on feedback and changes in the subject matter to stay competitive. This will sustain a good reputation and encourage repeat business. 

Things to Consider When Selling Notes Online

Before starting a note-selling online business, one should carefully make some important considerations related to risks and opportunities. 

It’s essential to be knowledgeable about copyright regulations when creating and selling your notes to prevent violating the intellectual property rights of others.

By following these steps, you can stay out of legal problems if you unintentionally breach someone else’s intellectual property rights. 

It’s crucial to offer top-notch customer service and take reviews and criticism seriously when selling notes online. This increases the possibility of repeat business, helps to establish a good reputation, and uses social proof to draw in new clients. 

Answer client questions as soon as possible and resolve any issues they may have. It’s important to encourage them to submit comments and reviews, which can later be utilized to enhance your writing along with building a devoted clientele. 

Frequently Asked Questions

Thorough research and proper citation can help you ensure that your piece of work is original. You can make use of plagiarism-checking tools to be satisfied and add individuality to your remarks by using your own distinct viewpoint and voice. 

When selling notes online, common mistakes to avoid include offering poor quality notes, too high or too low pricing, disregarding customer service, breaking copyright rules, and inefficient marketing. 

If you liked this article, look up related guides:

• How to Start a Jewelry Business: From setting up a shop to attracting customers, learn all the best techniques for starting a successful jewelry business.
• How to Sell a Dog: With this comprehensive step-by-step guide, learn about the finest techniques and places for selling your dog.
• How to Sell an eBook on Amazon: Discover how to market your eBook on Amazon and reach millions of potential buyers with this guide. 

In conclusion, selling notes online can be a successful business venture, but it demands mindful planning and execution.

The step-by-step guide offered in this article can assist sellers in avoiding typical blunders and gaining a strong and reliable identity in the market. 

If you found this article to be helpful, share it with others and leave a comment expressing your opinions. 

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Sell Study Notes Online

Upload your first study notes on DocMerit and start earning today!

DocMerit offers an online platform to sell study notes, so you can make the most of your studies. Within seconds, you're able to create your personal study store. Making effective study notes will not only boost your grades but also give you some extra cash.

how it works?

upload your study notes

Sign up for free and upload your documents, study notes and guides on Docmerit.

set your price

Set the selling price yourself and promote your documents, so that it reaches to many students.

have multiple sales

Student purchases your document, your earned money gets directly credited to your account.

earn money with selling notes

DocMerit offers the highest payout ratio in the industry, you earn upto 85% per sale.

top sellers earn thousands of dollars

We transfer the money to your PayPal account within 48 working hours.

every download is worth money

Download summaries from other students, pay from your balance or PayPal account.

earn money with existing work

Make money by selling your course notes while helping others learn.

It's easy and simple

Set the selling price yourself and promote your documents.

Frequently asked questions

These are the questions we often receive about selling study notes on DocMerit

What do I earn by selling on DocMerit?

You set your own price per document with a minimum amount of $1.5. The more documents you sell, the more you earn. Some documents have sold more than a hundred times.

What does it cost to sell on DocMerit?

Nothing! You create a free account and post your work to DocMerit without further costs. We take a small commission each time you sell a document. The commission will be automatically deducted.

What can you sell on DocMerit?

You can post lecture notes, tutorials, cases, essays, theses, etc. On one condition: you need to own the copyright of your content. For further details on copyright, see the copyright details page .

When will I receive my earned money?

We transfer your earned money automatically into your DocMerit account right after you've sold a document. Once you've earned over $50, you can cash out. We transfer this money within 48 working hours.

what students are saying about us

DocMerit is a great platform to get and share study resources, especially the resource contributed by past students.

Northwestern University Karen

I find DocMerit to be authentic, easy to use and a community with quality notes and study tips. Now is my chance to help others.

University Of Arizona Anna Maria

One of the most useful resource available is 24/7 access to study guides and notes. It helped me a lot to clear my final semester exams.

Devry University David Smith

DocMerit is super useful, because you study and make money at the same time! You even benefit from summaries made a couple of years ago.

Liberty University Mike T

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13 Best Websites To Sell College Notes Online for Cash

By: Author Siva Mahesh

Posted on Last updated: May 17, 2024

Are you a struggling student? Are you less in finances to manage your studies, fees, hostel expenses, etc.? Then I’m sure you will do a part-time job after college to fill your income gap.

Similarly, you might be doing several other side hustles to fuel your income. So In this article, I came up with an idea that can help you make some side cash.

Since you are a student, you may not have much time to spend on different side hustles , but this idea that I’m going to discuss requires no extra time or effort from you. It is nothing but selling your notes online.

Sell the notes of your previous classes or the ones you no more need and earn some side cash. Selling notes doesn’t require you to do any extra work. You already spend time in college taking notes every day; that is all the time you need to invest in this side hustle.

There are several apps or websites online where you can upload your notes or study guides. These apps offer you different deals, and you can make money when students buy your notes.

In this article, I’m going to list a set of legit websites where you can sell your notes. Read further to know more.

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Sell Notes Online To Make Side Cash

Selling notes online is a pretty good money-making idea for students who make nice and credible notes.

However, you cannot become rich overnight with this idea or in the long run. This is just a side hustle that will help supplement your income needs.

Now that the expectations and work are clear let us see some of the trustworthy sites where you can sell your notes and make cash.

1. Course Hero

Course Hero is an educational technology website where students can get access to different online courses. It also offers 24/7 doubt clarification services and provides study materials to its students.

So if you are somebody who writes in-depth notes on your college subjects, then Course Hero is ready to buy it from you. You can sell the notes from your previous classes to them. They will pay you money in return for your notes.

With a monthly subscription, you can upload the documents to their website and also refer your friends to do so and keep earning money.

2. Nexus Notes

This is an online platform where students can get access to high-quality notes. You can upload your notes on the Nexus Notes website.

Their team will check your notes for precision and quality and make them available on their site for sale once approved.

They usually sell notes for up to $35, and you will be paid 50% of each set of notes sold. This payment will be reflected in your account at the beginning of each month via Paypal.

3. Notesale

This is a UK-based online platform where you can buy and sell books online. You just need to follow their three-step process for quick uploading of your notes.

By doing so, it will instantly appear on the website and be available for students to purchase. Notesale provides easy uploading and easy searching of notes.

It also streamlines the transfer of money between students buying and selling notes to avoid awkward situations. However, you are free to set prices for your books and notes.

To learn about the three-step process, payment methods, and other details, you can visit the Notesale website.

Know, How To Make $200 a Day – 23 Realistic Ways To Try .

4. Notesgen

Notesgen is also a book-buying and selling website, but it has more to offer other than notes or textbooks. It connects students of different streams around the globe to help them exchange study materials.

You can sell and find educational stuff like case results, presentations, lab results, research, study guides, etc.

Notesgen also has an app on android and iOS where you can create an account and start selling your valuable educational materials.

You will be paid a 60% commission on the sales. Payments will be made every Friday.

5. Notesmate

Notesmate is also for selling and buying books, but you can do this using their app. This app is more like a social media network.

You need to create an account to use their platform to sell notes. Others can follow you here to see and check the quality of your notes on their own.

This feature adds more credibility to the Notesmate app . Your notes will also have a good chance of being sold.

You can sell for money and also run giveaways if you wish to. The payments will be transferred to your bank account when your notes are sold.

6. NoteXchange

This is an Australia-based platform to sell and buy notes, flashcards, and study guides. Both school and university students can make use of this website for their study needs.

You can set up your own shop and prices on their website to sell your material. If you handle your selling business on your own, then you will be earning 100% of your sales.

But if NoteXchange helps you with tactics to get your material noticed and sold, then you will earn only a 50% commission on the sales.

Your earnings will be transferred to your bank account by the end of every month.

Check: 25+ Best Apps That Pay You Real Money Instantly

7. Omega Notes

Omega Notes is also like all other websites to sell notes online. You can find all kinds of study materials on this site.

If you want to sell here, you need to pay certain fees for different things like large uploads, for pricing things above $35, or for listing materials for more than 24 months.

The best thing about Omega Notes is it offers a pricing guide to help you out. You will earn a 70% commission for each sale. The earnings will be paid via PayPal as soon as the buyer purchases your stuff.

8. OneClass

This is a Canadian platform for students to share notes and other study materials. The working of this app is a bit different than the others.

You will earn credits instead of cash for uploading notes on OneClass . You can cash out these credits or exchange them for gift cards at online stores like Amazon, Walmart, etc.

There is another opportunity at OneClass that helps you earn threefolds you do with it normally. You can become their note taker by applying on their site and earn three times for uploading such notes.

You can also earn up to 50 credits by referring your friends who have excellent note-taking skills. This app also provides online tutoring services.

9. Oxbridge Notes

Oxbridge Notes is one of the best notes selling platforms online, providing services to students in the US, Canada, and the UK. Apart from notes, you can also sell PDFs, model papers, etc.

The work is similar to most websites for selling notes online. You can earn a 72% commission on the net sales with this platform and receive payments via PayPal.

Oxbridge Notes claims that an average seller on their app earns $250 per annum .

Check: 25 Totally FREE Apps To Get Paid To Play Bingo

10. Quest Notes

This is a simple website to sell and buy lecture notes, class notes, revision notes, and study guides, etc. It is very easy to sell with Quest Notes . You just need to upload the notes, and their team will handle the rest.

You will earn a 70% commission on the sales here. However, you will not earn much for uploads except $0.20 per upload.

Instead, you will be rewarded with free credits that you can use to buy notes that you find helpful from their site.

You can withdraw your earnings via PayPal once they reach a threshold limit of $10.

  11. StudentVIP

StudentVIP is an Australia-based online platform for students to buy and sell their study materials.

The notes you want to sell will undergo a review to find if they are eligible to be uploaded and sold on their website.

If you are an excellent note-taker and think that you can pass this review test, then this site is for you.

You can price your notes up to $59 and can earn a 75% commission on the sales. 

12. StudySoup

This is an online marketplace where students can buy and sell educational content like course notes, tutoring services, etc.

You need to become their Elite note-taker to sell notes with them. However, you will be allowed to sell only three study guides per semester with StudySoup .

Your payments are directly deposited into your bank account or via PayPal. You can be paid up to $450 per note.

Check out 50+ Android Apps That Pay You Real Money

Stuvia is another great place to sell college notes online. Here you can get paid for selling summaries, lecture notes or assignments, etc., in this online marketplace.

Stuvia allows you to signup with them for free and can start selling. You can set your price, and they will take a percentage of sales after your product gets sold.

You need to reach a threshold limit of 10 euros to cash out your earnings.

This is a list of websites where you can sell your used books and notes to make some side cash. Choose the ones available in your country to sell notes online and start making money on the side.

Selling notes online is an easy and simple method to earn side cash for students. Don’t let the unused books of previous classes end up in your racks or storerooms.

Instead, use any one of these websites and make money by selling them.

Quality notes are a demand these days, so don’t let this opportunity go in vain if you are good at note-taking. If you have ever used any of these sites to sell notes online, then feel free to share your experience with us.

If you want even more ideas for making money, consider checking our posts on:

• 47 Proven Ways To Get Free Money Right Now – [$2000 FREE Money]
• 40 Apps To Sign Up And Get Money Instantly
• How To Make 20 Dollars Fast – 51 Legit Ways [Get $20 Now!]

Hello there, I’m Siva Mahesh, an MBA Finance post-graduate and a Remote Career & Personal Finance blogger for 5+ years. Over the years, my work has been featured on US News, Entrepreneur, MSN, Yahoo Finance, GoBankingRates, EverQuote, Legal Zoom, The Simple Dollar, Databox, Business.com, Business News Daily, Venngage, Score.org, and more . My primary mission is to help our readers maximize their earning potential with legitimate online business ideas, side hustles, and passive income ideas we publish on Dreamshala. Currently, more than 100,000 readers from all around the world visit this blog every month and learn new ways to improve their finances.

Jessica Bevan

Tuesday 15th of August 2023

Hey, you made a great collection; thanks! I will definitely try them. I also want to recommend another site EssayPapers for which I am currently writing my papers. Good luck with your creative projects!

Tuesday 2nd of March 2021

hey ! i want to sell my ppt for medical teachers only for cash . how can I ?

Dreamshala Staff Writer

Monday 8th of March 2021

Hello Batool, please check the above platforms if they are accepting your stuff or not.

Thursday 4th of February 2021

Thanks for the detailed list. The Number 10. Quest Notes is not working. The link is broken. While searching for other study notes selling websites I came across Docmerit I would highly recommended people to check it out.

Hello James, thanks for letting us know. We'll update the list.

Friday 1st of January 2021

In India, similar website is Expert Notes, where you can sell your study notes for easy cash, you can set your selling price and receive royalty/commission upto 70 %. You can withdraw your money by PayPal/ Upi payment from your profile.

Monday 4th of January 2021

Thank you parveen. We'll add it to the list.

Wednesday 23rd of December 2020

Thanks for the list. I already sell my CA notes on many of these sites and work as a tutor too. This actually allow me to earn a handy monthly income. I'm not even a student anymore. Yet this is a great side income. If your notes are good and if you update them every year to reflect current study guide, you can earn more than $2K each month easily. You forgot StudyLast though. They allow you to set your own price which is pretty great and their affiliate program allows another sort of income.

Wednesday 10th of March 2021

Kindly include a link to the service when you recommend it. Unless how can we find it?

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Sell class notes

College students who want to parlay their regular study skills into a lucrative side gig can sell class notes for pay. Several sites offer to help you sell class notes. Many colleges will also hire you for this job through the “disability services” department, which helps students who miss class for medical reasons and those who can’t take notes on their own.

Where can you sell class notes?

Here are the best online sites that will help you sell your class notes. However, if this side hustle appeals to you, also check with your college. You may be able to get paid by your school for the same service.

StudySoup courts good students to take notes in their classes. Naturally, that’s something a good student is going to be doing anyway. And it promises to pay between $25 and $50 for each upload. Given the contract students get at the beginning of the semester, you’d expect earnings ranging from $300 to $600 per class, per semester. But they’ll only accept notes from a single student for a maximum of three classes per semester. And you can’t sell the notes elsewhere. Learn more about Study Soup here.

NexusNotes provides another tempting deal. This site doesn’t buy your notes outright. Instead, it gives you the ability to sell them to other students through the platform, taking 50% of the proceeds as its take. Since notes are typically listed for $35, that means you could make $17.50 for each and every person who uploads your notes. If you’re providing notes for a big class that doesn’t change a lot from year to year, that could provide pocket money for years to come. Learn more about NexusNotes here.

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21 Best Notes Selling Websites In 2024 [#18 Pays $450]

By: Author Swati Chalumuri

Posted on Last updated: February 10, 2024

We have the best note-selling websites clearly explained and listed out just for you!

If you are a college student , there is a side hustle that is so perfectly suited to you that it is insane not to take advantage of it. You do not have to add any extra work to your busy course load and yet you can add so much extra cash to your wallet.

You already take notes, and you probably have a hefty student loan to pay off, so why not make lemonade out of lemons: sell your notes for cash!

Making money with notes, and another course material is easy! You can sell college notes online on a large variety of platforms with different audiences and perks. Why not make money with something you have to do anyway?  

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IN THIS POST

Here are some questions that frequently get asked:

a) Is it illegal to sell your notes?

It is entirely legal to sell your college notes. Many colleges and universities will hire in-house for notes, paying their own students directly for their note-taking; it is always worth it to check if your college has a program like this to start!

If you are still worried, rest assured. Notes that are meant for personal studying are entirely legal. The issue would come into play with plagiarism.

What this means is as long as your notes do not copy or quote from your professor/textbook directly (without proper credit) and they are not going to be turned in for a grade by anyone but you, then you are ready to start making easily (and legal) money.

b) How to sell your notes?

Selling your notes is as easy as finding note selling and buying websites and marketplaces; luckily, we have all the best markets listed out for you.

Still, there are a few tricks that will make your notes sell extra well. Notes that are organized well are prioritized. They can be handwritten or digital, color-coded or with diagrams, as long as they are clear and legible.

Detailed notes are also a must; the reader must be able to understand the notes out of the context of your specific class and professor (granted, some note selling and buying sites will allow you to sell specifically to people in the same class or with the same professor as you).

There are also a few tips to get more eyes (and buys!) on your notes. Firstly, stay affordable. There are a lot of options and notetakers to choose from, and college students are notoriously broke, so your notes must be worth the cost.

Consider offering free samples or mini-guides so people can get a taste of what your note-taking style is like. And finally, advertise! Social media is probably the best place for this, especially if you have an audience of college students and even classmates!

c) How much do notes sell for?

When it comes to notes for sale online, prices vary but one thing is clear. Selling your notes is not a sufficient full-time job.

Instead, selling study notes is a fantastic way to earn significant side cash without adding any extra workload to your busy schedule. You already take notes, it is time to get cash for your notes.

When it comes to specific prices for selling notes online, it depends. Oftentimes, you can set your own price for your notes. For that, it can be helpful to look at what similar material on the site of your choice is going for.

Some websites boast $500 per dedicated class for one semester while others brag about $250 a year. What is fairly uniform, however, is that most websites take a portion of the sale and pay you a commission. These commissions vary widely: 50%, 60%, 70%, 72%, 75%, 85%, 100%, and more.

Other websites, however, will pay you a standard fee for the notes you upload. On one site, it is $35 per copy sold with you earning a 50% commission. On another site, you earn a flat $0.20 per upload (with the ability to make bonuses from sold notes).

d) Where & How to Sell Handwritten Notes?

The how is easy: take clear and easily readable notes, either handwritten or digital, and have a way of uploading them online (a scanner or phone camera will work great).

The where is not that much harder, since we have put together this handy list of places to buy and sell notes.

I) Best Websites to Sell Notes Online

1. Course hero

Course Hero is a fantastic student resource with course content from more than 17 million students and educators . It is first and foremost a place where you can sell notes, study guides, and other resources to students.

You earn up to $20 per document and get an extra $5 if your content convinces someone to subscribe to the site.

You can even upload your notes from past classes.  But it also has 24/7 question and answers tutoring along with its own college student resources!

2. OneClass

OneClass is a Canadian platform that also accepts notes from the United States, Australia, and New Zealand for buying and selling notes and study materials.

The app, which also sports tutoring services, offers you credits instead of cash, but these credits can be exchanged for gift cards at places like Amazon and Walmart.

You can also apply to be a site note taker which allows you to earn three times as much for your notes. You even get 50 credits for referring a friend, and it is not hard to find a broke student who takes notes on a college campus!

3. NoteUtopia

NoteUtopia is like an eBay for course documents. You can exchange documents freely or charge for your notes. You can also find notes, study guides, and more that are specific to your class and professor.

To sell on NearPod , you need at least a 3.4 GPA. You get paid per test in the class for which you are note-taking. The average money earned per set of notes is $75 and you make 5% of net sales as well.

5. GradeBuddy

GradeBuddy is unique in that it offers two ways to make cash with your college notes.

The first is similar to the rest of the sites; it has a database where you can upload your notes for others to buy.

But there is another choice: you can apply to become a note-taker for a specific class and earn up to $500 per semester!

6. Nexus notes

Nexus Notes is another marketplace for notes and general resources for students but it has a unique feature. When you upload your notes and study guides, they check the accuracy and clarity before they are accepted to the database.

After upload, you earn a 50% commission on the notes sold at the set price of $35. They accept notes from Australia, New Zealand, and the United States.

7. Notesale

Notesale is a UK-specific place for buying and selling college notes and textbooks. The uploading process is a super easy three-step process and the search process is streamlined as well. You are also free to set your own prices!

8. Notesgen

Notesgen is a very unique site in that it allows for the selling of studious materials beyond notes and study guides. It is also very friendly for handwritten notes.

While setting your own prices and making a 60% commission , you can sell case studies, presentations, textbooks, lab results, research, and more!

Plus, they even have an app for Android and iOS devices for super quick and easy note uploading. They accept notes from over 140 countries.

9. KwikNotes

KwikNotes is unique in that it evaluates all the content you submit and suggests a price for it. Users on the site can also connect with other users to boost sales. The site charges a 20% commission fee for every download.

10. Notesmate

Notesmate is another unique site in that it functions almost like a social media network.

Users can follow you, giving your work more attention! You can also run giveaways on this site. This site also has an app for iOS and Android devices and allows you to set your own prices.

11. Notesvilla

Notesvilla is another United Kingdom-based site for selling your notes online. Recently sold notes are displayed so you have a good idea of what people are looking for and many people offer free samples!

12. NoteXchange

This site is for any Australian students looking to make extra cash. NoteXchange allows you to set your own prices and gives you 100% of the commission, as long as the notes are found through your own marketing tactics.

If someone buys your notes because of the site’s advertising, you still make a hefty 50% commission .

13. Omega Notes

On Omega Notes you can sell things like notes, study guides, cheat sheets, diagrams, and more.

Omega Notes lets you choose your own prices (with recommendations) and gives you a very agreeable 70% commission . However, there are fees.

Anything priced about $35, anything listed for over 24 months, and large uploads will be subject to a fee.

14. Oxbridge Notes

Oxbridge Notes is one of the more popular of these sites, spanning several countries such as the United States, Canada, the United Kingdom, New Zealand, Ireland, Australia, and India.

This site also allows for the sale of more than just notes. They accept outlines, PDFs, sample test questions and answers, and more! Plus, you make a 72% commission which the site says becomes $250 a year for the average seller.

15. Quest Notes

This is the site on which you earn $0.20 per upload . Still, it is nice because after you upload your material, Quest Notes handles everything else!

It allows for the sale of revision notes, study guides, and more. It will also give you credits to buy other helpful materials when your materials are sold.

16. StudentVIP

This is another Australian-based market that is extremely popular. StudentVIP reviews materials before they can be sold on the site but once they are life you earn a 75% commission on materials that you are allowed to price from $29 to $59.

17. StuDocu

StuDocu is very notable because instead of selling your notes to other students, it buys them directly from you. You send in your materials, and the site sends you an estimate, which you often get a 30% markup on if you accept right away.

18. StudySoup

StudySoup is a great student resource with tutoring services in addition to a notes marketplace. StudySoup offers you the option to apply to become an Elite Notetaker.

However, it limits you to posting three study guides per semester. Still, you can make up to $450 per notes .

Stuvia is a great place to sell material beyond notes. They accept study guides, summaries, assignments, outlines, flashcards, and more! You can set your own price as well, with the site only taking a small commission.

Stuvia is nearly worldwide, but the majority of its members are from Belgium, France, Germany, Netherlands, South Africa, Spain, the United Kingdom, and the United States of America.

Upwork does not allow you to upload your notes directly for sale but instead allows you to become a freelancer. You can build a profile and resume as a college note-taker to begin marketing yourself and taking on clients.

Also Read: How to make $50 a day in your spare time

II) How to Upload Notes on Google and Earn Money?

If you do not want to deal with the large variety of options for selling your handwritten (or digital) notes there is another way!

You can be your own boss through google! By using more general online markets like Facebook Marketplace and Craigslist you can set your own prices and make 100% of the profits.

This option is especially lucrative if you are planning to sell primarily locally! You can advertise directly to the audience you wish to reach.

III) Wondering, How to Sell My Notes Online in India?

Worry not!  Selling your notes in India is as easy as selling your handwritten notes anywhere else in the world!

Luckily, you can now earn money by uploading notes in India! Many websites for buying and selling study notes are set up to allow for buying and selling across the world.

There are also more specific and specialized schools. For example, there are university and college-specific sites as well as country-specific sites (like Canada, the UK, and the United States specific sites). Still, the majority of sites will let you buy and sell notes to and from anywhere.

If you are based in India or are especially keen on marketing there, there are a few specific sites that may work better than others! Still, using worldwide sites will give you the largest audience and the highest chances of selling.

Of the sites we listed, the following allow you to sell and buy notes in India: Upwork, Oxbridge Notes, Notesale, and Notesgen (which is specifically based in India).

Howdy Folks, thanks for stopping by my blog.

I’m Swati, a proud mom, dedicated side hustler, full-time blogger, and a recognized millennial work-at-home expert. My expertise has been featured on esteemed platforms such as Forbes, CEO Blog Nation, Referral Rock, Vital Dollar, Databox blog, and many more. I have embarked on this incredible journey to share my firsthand experiences in the world of online income generation and to assist all of you in earning money from the comfort of your homes.

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A Comprehensive Guide To Selling Your Assignment Condo

Trying to resell your preconstruction condo before closing? This blog is for you. Assignment sales are more complicated compared to their resale counterparts, but with some guidance, the process is easy. 

An assignment sale is a sale where the original buyers of a condo or home resell their contract to another buyer before closing. The most common type of assignment is a preconstruction condo assignment. Preconstruction condo assignments are prevalent because of the time lag between purchasing the home and the move-in date. While condo assignments might be the most popular type of assignment, any real estate contract is assignable. This blog is going to discuss condo assignments since they are the most prevalent, but *most* of the details apply to assigning a home or commercial preconstruction property as well.

In the GTA, our preconstruction market is booming. Toronto alone sees around 30,000 new home completions a year. Around 70% of preconstruction purchasers are investors. The remaining 30% of buyers are end-users who plan to use the property themselves. However, many investors, and end-users, might decide to sell the property before the final closing. Since there is no title to transfer, these buyers have to assign their contract to the next buyer. 

What is a preconstruction condo assignment sale?

An assignment is when the original buyers of a preconstruction condo decide to sell their contract with the builder to another buyer before the home is complete. This differs from a regular real estate transaction because we are not buying or selling a home, rather we are buying or selling an interest in a contract to purchase a home once it’s complete. Essentially, the buyers are taking over the seller’s place in the contract with the builder. The new buyer pays the seller their deposits back, as well as any profit. In trying times, there might not be profit, and in extreme cases, the sellers might walk away from their deposits.

Assignments are like the wild-west equivalent of real estate. The buyers are called assignees, the sellers are called assignors, and there is no fixed closing date! You heard that right, the buyer purchases the contract not knowing whether it will close in 4 weeks, 6 weeks, or 8 weeks. In many cases, the buyers only have a rough estimate for the final closing of the property as well.

Every builder’s agreement of purchase and sale is different, so every assignment sale is different. You need legal and accounting advice before, during, and after an assignment sale. A real estate agent’s job in the transaction is to find a buyer, negotiate the contract, and coordinate the sale from start to finish. Your real estate agent might also connect you with accountants, and lawyers who can help make the necessary legal and tax declarations.

The Builder’s Role In Assignments:

Sellers often misinterpret their rights to assign in their purchase agreements with their builder. In the showroom, builders are quick to say their contract is assignable if you want to flip your contract before closing. However, builders can control when, how, and to whom you sell your contract.

It’s important to follow the rules set out by your builder when marketing your assignment. Deviating from the builder’s purchase contract can result in you losing your deposits!

Since all preconstruction home assignments require the builder’s consent, it’s important to prepare the file for their consent at your earliest convenience. The builder will want the same information they collected from you when you first purchased the home: full names, current address, sin, IDs (front and back), telephone number, emails, mortgage pre-approval letter,  lawyer information… they will also want the buyer to replace all your cheques. Those could be cheques for future deposits, or cheques for interim occupancy fees. It’s important to advise the buyers to prepare all of this information before submitting the file to the builder, so there is limited delay assigning the property.

How do you sell an assignment condo?

The first step to selling your assignment is to review your original purchase agreement. The builder’s purchase agreement outlines restrictions and fees associated with assignments. An experienced realtor or lawyer can also review the contract with you. Next, email your builder’s customer service account and ask for permission to advertise the property for sale.

It’s important to thoroughly understand your preconstruction agreement, because some incentives offered to you might not be transferable to the buyer. Builders often offer incentives to direct buyers to stimulate sales. However, they sometimes make these incentives non-transferable. That could mean the free design dollars, or the capped development levies might not be available to the next buyer. It’s important not to advertise incentives that aren’t transferable.

The second step is to hire a Realtor to advise you on current market conditions. Your realtor will discuss marketing options as well as help you decide on a market price. There is a strong chance the builder will prohibit MLS listings of their properties. However, many builders will allow online marketing in places like Facebook, Instagram, WhatsApp, and brokerage websites.

While Realtor.ca is the best marketing platform out there, buyers looking for assignments know to look elsewhere. Don’t worry if you cannot market on realtor.ca. One of the advantages of Sotheby’s International Realty Canada is our vast marketing platform outside of Realtor.ca

Important Dates:

The first date you need to consider is the assignment closing date. This is the date the assignee officially takes over the contract from the assignor. On average, assignment closing happens within 3-6 weeks after an offer is accepted. This is when the assignee becomes the new owner of the property, and the assignee receives some of their deposit/profit back.

The second date to consider is the interim occupancy date. When buying preconstruction condos, there is usually a period between when the unit is ready for occupancy and before the building has registered with the city. Since no title exists yet, you cannot get a mortgage. Instead, during this time, you move in and pay the builder rent until final closing. Interim occupancy can last from months to years. During interim occupancy, buyers have the chance to view the unit which could help sell the home. Interim occupancy is when most assignment sales take place.

The third date you need to know is the final closing date. This is the date that the building registers with the city and the assignee pays the builder the balance of the purchase price, land transfer taxes, closing costs etc. Sometimes, assignees will negotiate to pay some of the assignors profit on final closing date, so they can roll it into the mortgage.

What Is Negotiable During An Assignment Sale:

Since the contract with the builder is already firm and binding, there can be no changes to that contract. The buyer is merely stepping into the seller’s shoes, in exchange for their deposits and profits. The assignment contract negotiates the purchase price and the deposit structure. The purchase price will indicate how much profit (or loss) the assignor receives in the transaction.

The payment schedule of an assignment is dependent on whether there is a profit or not. If the seller is making a profit or breaking even, then the buyers are expected to refund the full deposit paid-to-date by the sellers. In many cases, that is 20% of the original purchase price. If the seller is losing money on the assignment, then the buyers will bring a deposit for less than the deposits already paid to the seller. The deposit is due upon acceptance of the offer.

If there is profit, the assignee and assignor will negotiate when that profit is paid out. Remember when we mentioned the three important dates? the assignment closing, the interim occupancy date, and the final closing date? well, when it comes to negotiating when to pay the assignor their profit, we usually pick one of these dates to pay out the assignor’s profit.

The expected final closing is an important consideration for buyers when negotiating when to pay the assignor’s profit. The longer the final closing date, the more risk for the buyer. The reason? there is always a small risk the condo developer cancels the project. If a condo developer cancels the project, the buyers are returned their deposits paid-to-date. However, if a buyer has paid an assignor $100,000 in profit, that money is gone. So if there is a long closing, expect buyers to protect their final deposits by delaying it till interim occupancy, or final closing.

Conditions In Assignment Sales

After finding a buyer, the first hurdle to overcome is negotiating a fair deal. Once both parties are satisfied with the terms of the contract, we make the deal conditional on the lawyer’s review. This gives both the buyer and seller a chance to have the assignment contract, as well as the original purchase agreement, reviewed by a lawyer. Once both parties have spoken to their lawyers and are happy to continue, we put the deal to the developer to approve the new buyer. This condition usually lasts around 30 days. If the developer does not approve the new buyer within 30 days, the deal will become null and void, unless the buyer and seller both agree to extend that condition.

Once the developer accepts the buyer, the assignment will happen within a few days. Most contracts outline an assignment closing within 5 business days after the developer gives their consent. Some buyers will also include financing conditions in their assignment offer, so they have time to run the deal past their mortgage broker. However, most assignments are purchased with only lawyer review and developer consent conditions.

Here’s an example of selling an assignment for profit vs selling an assignment for a loss:

Below are four examples of the deposit/profit payment schedule for assignments.

Example 1 is a fantastic example of a preconstruction condo that appreciated $100,000. In this typical example, the assignee and assignor agreed to a deposit big enough to return all of the assignor’s deposits, as well as some extra profit to cover Realtor commissions. This deposit is usually transferred to the listing brokerage within 1 day of the offer being accepted and is released to the assignor on assignment closing. In this example, the assignor and assignee also agreed to pay the seller the rest of their profit at the final closing.

Example 2 shows the same conditions for the sale, except the assignee agreed to pay the assignor their full deposit and all their profit on the assignment closing date, instead of the final closing date.

Example 3 looks at an assignment where the assignor is taking a $100,000 loss. Instead of being paid their whole deposit on assignment closing, they are paid their deposit minus the difference between the purchase price and the sale price.

Example 4 is a rare case, where the market has turned significantly and the assignor is looking to transfer their assignment for $0. This means the assignor is walking away from all their deposits and will take no money to transfer their contract to the assignee.

What Does It Cost To Sell An Assignment condo:

The major fees when selling an assignment include the builder’s assignment fee, real estate commissions, and tax on the profit. Builder’s assignment fees usually range from $1500-$25,000 (in some extreme cases they go as high as $80,000). The assignor usually pays both the assignor and the assignee’s realtor commissions. The commission is something to negotiate with your agent. The total commission is usually 5% or less of the final sale price. There are likely taxes such as income tax, capital gains tax, or HST on the sale as well. Speak to your accountant about taxes due on the assignment sale.

Taxes due on an assignment sale:

The taxes on assignments are simple, however, buyers and sellers often confuse the HST taxes. That’s because there are two different HST taxes when talking about preconstruction assignments. Let’s clarify this! All new homes are subject to HST, however, end-users don’t notice the HST tax because the builder pays it and claims a $24,000 rebate on the end-user’s behalf. Alternatively, investors who purchase a pre-construction home are charged around $24,000 in HST, and are then able to claim a rebate for the HST they paid, if they rent the property out for one year. There are situations where an assignment will lose its eligibility for the HST rebate. If someone has lived in the home during interim occupancy, it will no longer be eligible for the end-user HST rebate.

The second HST tax we discuss when selling an assignment is the HST due on the profit. In many cases, the profit is subject to a 13% HST tax. In some cases, even the return of deposits is subject to HST.

The third tax is the income or capital gains tax on the profit. Any real estate property that is not your primary residence, as well as any business venture, is taxable as either a capital gain or as income. It’s really important to speak to an accountant before selling your assignment. Only an accountant can advise you whether you owe HST, capital taxes, or income taxes on your assignment sale.

Is it better to sell an assignment or wait till the condo is ready?

The pros to assigning a condo:

• Receive your deposits and profit sooner
• Avoid market risks. Savvy investors might look to assign their property if they sense the market might depreciate in the coming months/years.
• Avoid paying closing costs (land transfer taxes, development levies, utility hookups, and more). These usually come to a little more than 5.5% of the purchase price
• No mortgage or financing required
• Minimize holding costs (if you sell before interim occupancy or before final closing, there are no property taxes, maintenance fees, utility fees, insurance, mortgage, etc)

Cons to assigning a condo

• Developer restrictions (limiting the marketing of the property, limiting when they are accepting assignments)
• Market perception and buyer’s hesitancy when buying a property sight-unseen
• Market fluctuations suppressing buyer demand
• Limited buyer pool and most of the buyers are investors who want a good deal
• Usually sell for a lower price than comparable resale properties
• Financing challenges for the buyer if the property does not appraise at the new purchase price
• Potentially more taxes compared to closing and reselling

The most common mistakes when selling an assignment:

Hiring the wrong representation, or not relying on professional advice:.

As active realtors in the assignment market, we come across quite a few mistakes. But most of them could be avoided if the buyers and sellers were represented by experienced realtors and lawyers. The agreement of purchase and sale for an assignment is very different compared to an agreement of purchase and sale for a resale home. One of the most common mistakes we see from buyers and sellers is assuming the paperwork their realtors drafted is correct, and forgoeing their right to have their lawyer review the assignment paperwork.

Poor communication/understanding:

This happened to my assignment buyers recently. They purchased a home where the seller’s representative told us the finishes had not been chosen yet. We protected our buyers by including clauses to that degree. However, a few days after the assignment closing, we learned the sellers chose the finishes a few days before closing. Luckily, the developer allowed the buyer to make changes to the finishes at an additional fee.

Ignoring deadlines or dragging your feet:

Assignments come with a lot of moving deadlines, and there are a lot more parties involved compared to a resale property. Always return paperwork and signatures as soon as possible. Compared to a resale property where the only parties are the buyer, seller, and their agents and lawyers, an assignment involves the developer, the developer’s lawyers, the buyer and seller agents, and the buyer and seller lawyers. If everyone took 3 days to return paperwork, the conditional period would lapse and the deal would become null and void.

Incomplete Buyer Vetting:

Buying an assignment requires the assignee to have their mortgage preapproval, as well as their purchase funds available very shortly. If the assignee does not have a mortgage preapproval on hand, it could delay the developer accepting the assignment. If they do not have their funds available it could delay the quick closing as well.

It’s important to thoroughly vet buyers because some builders require the assignor to close in the rare chance the assignee cannot close.

Misunderstanding fees:

Builder’s contracts are not standard forms, and their deposit structures and closing fees can vary from site to site. There are a lot of potential fees when buying and selling assignments and they include, but are not limited to: deposits, seller’s profits, upgrades, lawyer’s fees, interim occupancy rent, utility set-up fees, development levies, realtor commissions, accountant fees, HST, and income taxes. These fees can vary from deal to deal, and when they are payable is different in every assignment. For example, some developers require the homeowner to pay for upgrades when they are chosen, and others charge for the upgrades at final closing.

If you have a preconstruction condo or home that you are thinking of assigning. Feel free to reach out to us for some advice and insight.

Related posts.

6 important facts to consider when selling a preconstruction condo.

Everything you need to know to sell your preconstruction condo assignment

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5 Real-Life Sales Scenarios Where You Need Assignment Selling (w/ Templates)

For many, assignment selling is a game-changing solution to one of the biggest sales peeves: answering the same customer questions again and again. 

Not only is it monotonous, but it eats up valuable time for both sales rep and buyer. 

That's why it's valuable to use assignment selling — that is assign content to your prospects ahead of a sales call — to set yourself up for more productive conversations with better-fit prospects.

Putting content to work for sales

The more educated the prospect, the faster the sales process, and the higher the close rate.

With this in mind, salespeople ask (or assign ) prospective clients to read or view specific materials so that they can be prepared for a deeper sales conversation once they actually connect.

At IMPACT, we’re able to do this by leveraging our trove of content to educate our prospects and build trust with them. Assignments may include watching videos, reading articles or website pages, or even taking an assessment. 

But how do you actually do assignment selling? What does "assigning" actually look like? And when should you do it? 

Below, we'll share five common scenarios where assignment selling can be used and explain how our sales team typically handles them :

• Qualifying a lead for fit and commitment
• Ensuring prospects are educated
• When a prospect doesn't complete the assignment
• Aligning a new client's team
• Assignment selling when sponsoring or exhibiting at an event

Scenario 1: Qualifying a lead for fit and commitment

If you're anything like IMPACT, there are likely several ways for a visitor to convert into a lead on your website.

This could be filling out a contact form, downloading an offer, or even booking time directly with your sales team.

In the last instance at IMPACT, the next step is a 30-minute conversation to understand two things:

• How do our service offerings match with the prospect's needs?
• How close are they to making a purchasing decision?

However, rather than jumping right into it, we'd use assignment selling prior to our first call to qualify the lead for fit and commitment. 

What does this look like in practice?

Below is an example of an email template we’ll use to prepare prospects for our first call together:

Hi [prospect name], I'm looking forward to connecting with you. To be sure we use our time effectively, here are a few resources that will help you become more familiar with our agency and our approach so you can determine if we're the right fit for your organization. Please take the time to review these before our call. Why We Need to Rethink the Relationship Between Client and Agency What is They Ask, You Answer? Here is a link to my calendar. Please book a time that is convenient for you.

Before you even talk, you need to make sure you and your prospect share the same values.

At IMPACT, for instance, our process is unique, and in our email we make it clear we want our prospects to know as much as possible about this before we meet.

A prospect reading the first article may have some concerns bubble up based on how we work with clients. This might lead them to cancel our meeting, but that's a good thing!

The most precious commodity for businesses and consumers alike is time.

Your sales team's time is better spent speaking with qualified prospects instead of unqualified ones and your buyer's time is best spent with vendors that will actually fit their needs or budget. 

However, should you and a prospect align, you can be sure future conversations will be more meaningful.

Notice that we also hold the prospect accountable to committing to the next stage of the sales process by having them book the meeting. A commitment here ensures follow-through later in the sales process.

Scenario 2: Educating prospects

After your first call, you can use assignment selling again.

Before a second call at IMPACT, we send resources that speak directly to the prospect's situation, which we learned more about in our first call.

This way, if one prospect's needs are mostly related to website redesign, while another prospect's needs center around HubSpot workflows, they will each require different content to move them forward.

Note, you might notice a theme here: You can use assignment selling to take advantage of the space between conversations, keeping prospects active and engaged.

This is not only a continual test of their commitment, but it allows them to self-educate along the way.

By this point, you've already established fit and need, using the information from your initial call.

Using that insight, you can use a template like the one below to send more need-specific focused content. In this case, it's HubSpot training:

Hi [prospect name], It was great speaking with you today! As promised, below are a few specific resources that will be important for you to read prior to our next conversation. How to get your money's worth with HubSpot This is our HubSpot training and implementation page . It dives into the different services we offer. These case studies represent the success other businesses like yours have achieved with IMPACT. Let me know if you have any questions!

Here, assignment selling helps us to address high-level questions we hear in every call before they're even asked. With these out of the way, each subsequent call with a prospect can be more efficient and productive.

Scenario  3: The prospect hasn’t completed the 'assignment'

As you might imagine, there are times when a prospect doesn’t complete the required "assignments" from your sales team. 

When this happens, you have two options:

• You can choose to move forward with the next sales conversation in hopes that the process will go forward as planned.
• You can postpone the next sales conversation until the prospect can confirm they’ve completed the assignment.

The first option probably sounds like the natural path a sales rep would take, while the other sounds incredibly counterintuitive to closing more sales.

Saying to a prospect “it doesn’t sound like you’re ready to move forward,” might sound absurd — and to organizations with an inefficient sales process, it is.

However, in almost every instance, we’ve discovered that choosing to postpone maximizes a sales rep’s time and leads to more won opportunities .

The following is an actual email exchange between a prospect and myself regarding their "assignment" before a call:

Hi [prospect name], Confirming our 2:45pm EST call today. This is a reminder to make sure you take the time to review the resources below before we speak. If not, it may make sense to reschedule. I want to ensure we make the best use of our time together. Marcus Sheridan’s free course: They Ask, You Answer Fundamentals What Is a Learning Center and Why Does My Website Need One? If you haven't had time to peruse the above material, here is my calendar to book another time . Keep me posted!

Prospect's response:

Hi, I haven’t even started yet… Very sorry about that! I will reach out once I read through the articles. [prospect name]

One of the main purposes of assignment selling is to help sales reps spend time with the most qualified, committed, and engaged prospects — the ones most likely to become clients.

If a prospect hasn’t completed the assignment selling homework or taken the time to understand who you are, the conversation stays at a very elementary level. This isn’t the best use of anyone's time.

By pushing back the call and allowing the prospect to do much thinking, you save both parties an hour’s worth of unproductive conversation.

(It’s also worth noting that the prospect mentioned above did voluntarily book a new time to speak with us after completing the assignments.)

One might think that pushing the meeting would frustrate the prospect, but on the contrary, we’ve come to find that prospects appreciate the dedication.

Scenario 4: Onboarding a client team

Over the years, we've found the use cases of assignment selling have extended beyond just the sales process and into the new client onboarding process.

If you’re an agency or you’ve ever worked with one, you’ll know that there’s a lot that needs to be communicated as the relationship gets started. This can include expectations around what’s being done, strategic direction, or outcomes.

For that reason, we use assignment selling as a tool during our onboarding process to align clients, especially teams.

Below is an example email used to support one of our client’s CEOs in creating internal team alignment around our services within their organization. In it, we help set the stage for the rest of our relationship using both written and video content:

Hi [client name(s)], Great meeting with you all today! Please watch the 3-minute video recap of our meeting and, if necessary, share with the rest of your team. Below the video, you'll see some homework with corresponding links and resources that are referenced in the video. [INSERT VIDEO RECAP ] Homework: Course: Self-Selection and the Touchless Buying Experience Article: Virtual Selling: The Essential Video Sales Call Checklist We've got a couple of weeks until we meet again which should be ample time to complete the above homework. Remember that by completing the above, you’ll dramatically improve your internal team’s alignment AND have much more productive conversations with your IMPACT team. Thanks — and as always, let me know if you have any questions. Talk soon!

An email like this gives clients a shared doctrine and understanding that can be distributed beyond your point of influence to the rest of the organization, without risk of losing the impact of the original message.

Scenario 5: Event exhibition or sponsorship follow-up

Like many businesses, IMPACT generates new customers from event sponsorships. 

Here’s a simplified version of our typical workflow on the exhibition floor:

• A prospect comes to our booth.
• They ask us a series of “So what do you do?” questions.
• We ask them a series of “needs assessment” questions.
• If we're aligned, we set up a sales appointment via our calendar links right away.
• The prospect walks away and we move on to the next conversation.

We saw an opportunity to leverage assignment selling to improve the quality and effectiveness of those post-event follow-up conversations.

To do this, we inserted a couple of actions between steps four and five above.

Instead of allowing the prospect to leave the booth and hoping that they'd remember they'd be having a conversation with us in a week or so, we'd ask them to do something in the meantime.

Below is an email template we'd then send a few days later in advance of the follow-up sales conversation as a check-in to confirm that they didn't forget about the meeting or reading.

Hi [prospect name], Everyone at IMPACT enjoyed meeting you at [event name]! I recorded a quick 1 minute video for you below. [insert video ] As you know, we have a meeting scheduled on [meeting date] to continue to talk about They Ask, You Answer and how you can get started with it at [prospect company]. You also received a copy of the book. During our meeting, we'll discuss how They Ask, You Answer relates to your organization, so please come prepared. If you’re not able to get through the reading, please let me know now so we can find a better time to connect. Otherwise, I'd encourage anyone else in your organization (especially in leadership, marketing ,or sales) who shares your mindset of becoming the most trusted voice in your industry to also attend our meeting. Here are a few additional resources to get your team members up to speed quickly: What is They Ask, You Answer? The 'agency model' is broken, here's why. Real results from organizations who've embraced They Ask, You Answer Kind regards,

In this instance, assignment selling helped us turn an event conversation into a real,  effective sales appointment.

Without it, we risk allowing our sales efforts at the event being wasted on no-shows or prospects who aren’t ready for the buying process.

If we go back to what the sales objective really is, it’s about booking the most qualified sales appointments, not the greatest number .

Assignment selling in action

Assignment selling, when done right, is a crucial tool in educating prospects and strengthening the sales process.

If you can educate our prospects about your company, your track record, and our offering, you can move more quickly through the sales process, knowing certain questions were already effectively answered by content.

In turn, your sales process will be shorter, your leads will be more qualified, and your sales reps will be more productive.

What’s more, your prospects will be able to see how committed you are to your central tenets, and this dedication builds trust and demonstrates transparency.

So, don't wait! At every stage of the process, have content specifically designed to assist your sales reps. If they find there’s something they need that doesn’t exist, ask your marketing team to produce it. 

For us, assignment selling is a vital part of what we do, benefiting our team members and our prospects as they move along the path to becoming clients. It can be for your team as well.

To get started, check out our free course, "Assignment Selling: Content Is Your Greatest Sales Tool."

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