Have you ever considered selling old stuff to make extra cash? Do you have any boxes at the back of your closet that you haven't looked at for at least a year? Do you have things that you've only used once or twice? Any unwanted gifts? Are you always looking for new storage spaces? Well if any of the answers is yes, then it’s about time you considered selling off some of your old stuff.
Letting your possessions go might seem like a daunting tasks to you even if you know you'll never use them. It's hard to let go of things that are emotionally attached to you. But if you can think about how other people can be benefitted by actually using your old stuff, it might encourage you to decide to sell.
Use Online To Sell
Selling something to someone face to face can be a stressful experience. Have you ever sold anything at a flea market / boot fair / car boot sales? Where every passer-by tries to negotiate with you. You display the lowest possible price, say $5 tag on a handbag. They say "Can you make it 3 Dollars?" You reluctantly agree. Then they took the money out of the pocket and say "Oh, I only have $2.50." You can say No to that. But where everybody's a hard-negotiator, you might as well get rid of as many stuff and get some money than not selling it.
It can be an embarrassing experience too. Have you ever sold anything to a second-hand store or any kind of buyer agent? Some of them can make you feel you've done something wrong when they give you a dirty look as if to say "we're not looking for that kind of trash".
If you sell them online, you'll be involved with the least amount of negotiation, and you don't have to have a face-to-face conversation. That's a plus. Also a lot of marketplace websites (shown later on in this post) will provide a dispatch sticker to print out, etc. Some of them even offer a door-to-door delivery service (the courier will come and pick up your parcel). These are the reasons why selling old stuff online is one of the best ways for you to to a clear-up and make extra cash.
Get Your Closet Cleaned
The first thing that you should consider doing is clean up your closet completely. Make a clean space on the floor if you can, or use your bed, where you can put all the things. Remove everything from the closet and make 3 or possibly 4 piles;
- A pile of stuff that you want to sell.
- Another pile of stuff that you want to keep and,
- The last pile of stuff that you should all together just throw away.
- Additionally, you can make the 4th pile and set aside things that you think you would want to donate to a charity or give to your friends.
Not only will you clean and declutter your closet, but you might also find some of those things that you thought you had lost forever. The best thing to do is clean one closet, cabinet, or room at a single time, split everything into heaps.
Then you put each heap into a box or plastic sack. The boxes or sacks should be ideally transparent so that you remember what is where. Also make sure that you have a tag on each of the boxes/sacks so that you don't accidentally throw away stuff that you were planning to keep.
Sellable or Garbage?
It can be hard for you to determine something you're trying to get rid of is worth selling or just a garbage. But have you ever taken some old clothes to a charity shop and been refused to accept?
Do you know generally, many charity shops suffer because their backrooms are full of old, dirty clothes that people keep dumping at the doorstep in the name of a "donation"? These clothing items are nothing more than unsellable scraps. The charity groups cannot make money with them but in fact, they'd have to pay to get rid of them.
Especially with a clothing item, if it's stained or looking tired, you should throw it away. Old ripped jeans - there are some demands, only if they are brand jeans such as Levi's, D&G, Armani, etc.
Other items other than clothing similarly, unless it's no longer obtainable and considered rare and unique, stained, cracked, or dull looking old stuff should go straight into the trash can. Old magazines and newspapers can be extremely valuable whatever the conditions they are in. Again you may want to google and check the market value.
With all that said, you will be surprised at the number of things you can sell on some sites (listed below), so check as many sites and get a good idea.
Make An "Undetermined" Box
You might find yourself undetermined with some of the things. For example a pair of shoes that you "kind of" like it but you haven't worn for years. Put them in an extra box called "undetermined". This box should be cleared (emptied!) at some point in the very near future. In 3 months time if you still haven't worn these shoes, it's time for you to be determined to sell them.
Find Where You Want to Sell
You need do a little bit of market research to match several marketplace sites/apps against each item that you intend to sell. The following sites are some of the most popular marketplaces.
Look for similar things that you are planning on listing and look for the prices at which the people are selling them. This will give you a rough estimate of what you should ask for depending on the condition of your goods. For instance, if you have a clothing that's a designer brand, Poshmark can be the best place.
Signing up with any of these marketplaces is free, and there is no listing fee either. Only when something's sold, a percentage of the selling price will be deducted before you receive your money, usually via PayPal.
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What can you sell?
Anything that's in your house can be considered selling, but as I explained above, what you think is valuable may be something that's considered useless by general public, and vice versa.
A clothing range might be the easiest to consider but not necessarily the easiest when it comes to the actual selling point. Because the world's fashion market is saturated, people only pay good money for something that's really worthwhile. Also the size should be clearly stated, otherwise it can be troublesome.
You will be surprised at the number of people who buy used toys online. Because as we all know, brand new toys from shops are expensive and kids grow out of them extremely quickly. Nevertheless, you should understand that there is a difference between toys and collectibles. Do not accidentally throw a collectible item along with numerous toys for children. That will be a huge loss if you do so. Once again, you might want to check the value by googling it.
Kitchen appliances such as microwaves, blenders, coffee machines, and also some home appliances like vacuum cleaners, room radiators, humidifiers, and other such things can be sold too. Though it can be tricky for some of us to learn what kind of information should be listed up (make, model, power, etc). Because when we (some of us) buy electrical goods, we just buy for the conveniences and design, often without checking output power consumption, voltage and watts... the actual vital information that others require!
Large items such as bed frames and sofas can be sold online too. eBay for example, allows you to choose a "local collection only" as a delivery option. And people do travel in a truck to your doorstep. It will save you from the fuss of packing and delivery arrangement. Also the buyer pays online in advance, so they will be unlikely to waste your time by not turning up.
Selling Old Stuff Online To Make Extra Cash
The idea of selling unwanted items can seem like a job to do in the beginning to you, but do it periodically and you'll soon get used to the routine. Just treat it as your monthly or bi-monthly clear-out regime. Your house will be maintained, it will make you feel good, and it's a great option for you to make some extra money online.
Mami is a multi-lingual freelancer - interior designer by day, digital marketer by night, and currently studying to become a psychiatrist in Tokyo.
Author // Mami Yamashita