resell v.

word-forming element meaning "back, back from, back to the original place;" also "again, anew, once more," also conveying the notion of "undoing" or "backward," etc. (see sense evolution below), c. 1200, from Old French re- and directly from Latin re- an inseparable prefix meaning "again; back; anew, against."

Watkins (2000) describes this as a Latin combining form conceivably from Indo-European *wret-, metathetical variant of *wert- "to turn." De Vaan says the "only acceptable etymology" for it is a 2004 explanation which reconstructs a root in PIE *ure "back."

In earliest Latin the prefix became red- before vowels and h-, a form preserved in redact, redeem, redolent, redundant, redintegrate, and, in disguise, render (v.). In some English words from French and Italian re- appears as ra- and the  following consonant is often doubled (see rally (v.1)).

The many meanings in the notion of "back" give re- its broad sense-range: "a turning back; opposition; restoration to a former state;" "transition to an opposite state." From the extended senses in "again," re- becomes "repetition of an action," and in this sense it is extremely common as a formative element in English, applicable to any verb. OED writes that it is "impossible to attempt a complete record of all the forms resulting from its use," and adds that "The number of these is practically infinite ...."   

Often merely intensive, and in many of the older borrowings from French and Latin the precise sense of re- is forgotten, lost in secondary senses, or weakened beyond recognition, so that it has no apparent semantic content (receive, recommend, recover, reduce, recreate, refer, religion, remain, request, require). There seem to have been more such words in Middle English than after, e.g. recomfort (v.) "to comfort, console; encourage;" recourse (n.) "a process, way, course." Recover in Middle English also could mean "obtain, win" (happiness, a kingdom, etc.) with no notion of getting something back, also "gain the upper hand, overcome; arrive at;" also consider the legal sense of recovery as "obtain (property) by judgment or legal proceedings." 

And, due to sound changes and accent shifts, re- sometimes entirely loses its identity as a prefix (rebel, relic, remnant, restive, rest (n.2) "remainder," rally (v.1) "bring together"). In a few words it is reduced to r-, as in ransom (a doublet of redemption), rampart, etc.

It was used from Middle English in forming words from Germanic as well as Latin elements (rebuild, refill, reset, rewrite), and was used so even in Old French (regret, regard, reward, etc.).

Prefixed to a word beginning with e, re- is separated by a hyphen, as re-establish, re-estate, re-edify, etc. ; or else the second e has a dieresis over it: as, reëstablish, reëmbark, etc. The hyphen is also sometimes used to bring out emphatically the sense of repetition or iteration : as, sung and re-sung. The dieresis is not used over other vowels than e when re is prefixed : thus, reinforce, reunite, reabolish. [Century Dictionary, 1895]

Middle English sellen, from Old English sellan "to give (something to someone), furnish, supply, lend; surrender, give up; deliver to; promise," from Proto-Germanic *saljanan "offer up, deliver" (source also of Old Norse selja "to hand over, deliver, sell;" Old Frisian sella, Old High German sellen "to give, hand over, sell;" Gothic saljan "to offer a sacrifice"), ultimately from PIE root *sel- (3) "to take, grasp."

Meaning "to give up for money,  accept a price or reward for" had emerged by late Old English, but in Chaucer selle still can mean "to give." Students of Old English learn early that the word they encounter that looks like sell usually means "give." An Old English word for "to sell" was bebycgan, from bycgan "to buy."

The meaning "betray for gain" is from c. 1200. Slang meaning "to swindle" is from 1590s. To sell off "dispose of by sale, sell all of" is by 1700. To sell one's soul "make a contract with the devil," often figurative, is from c. 1570. Sell-by in reference to dates stamped on perishable packaged foods is from 1972. To sell like hot cakes is from 1839. To sell (someone) down the river figuratively is by 1927, probably from or with recollection of slavery days, on notion of sale from the Upper South to the cotton plantations of the Deep South (attested in this literal sense since 1851).