Then that's different. Verizon iPhones aren't as sought after as unlocked GSM (at&t) ones. Should have mentioned that in the OP.
I feel like people are going to tell him to hold out until eventually the price drops, and he gets less than what he wants.
Prices can and will change quickly. When the very first iPhone came out the prices people were paying on eBay dropped dramatically within a day's time. As soon as supply starts to catch up to demand (even in the least) prices will come down.
If you can sell it now and make a little money on it I would do it. If you wait you're gambling.
True. I don't even really want to sell it too badly. But I could put a little cash in and get a 32gb probably.
This may seem like a dumb question, but could I sell my new iPhone and then go buy another phone from Verizon?
Or will they wonder where my iPhone went?
Also, if I do this what do I need to do?Do I just remove the Sim card and reset the phone or are there other things I need to do?