You know from past posts that I love cleaning out closets to make room for new. Once you're closet clearing is complete, chances are you've got something to sell. Here's the scoop for making the most of your castoffs in a great piece on Real Simple.
I'll post all the pertinents for home decor items, but they have a lot of great info for selling your clothing and accessories on this link.
Insider tips on the best places to sell your stuff—and how to make (real) money.
By Karen Cheney and Alexandra Kay for Real Simple
Furniture
The best marketplace: Craigslist.org, which connects local sellers and buyers in 700 towns and regions nationwide. Posting ads on the site is free, and unlike on eBay, you don’t have to pay a commission when you sell.
Bargain shoppers and vintage-furniture hunters alike scan the listings, so you’re more likely to find buyers for nearly any piece of furniture, says Donna Hoffman, an interior decorator in Yardley, Pennsylvania, who also teaches people how to sell secondhand furniture.
Selling Points
• Compare your item to similar ones on the site before setting a price, which should be 10 to 20 percent higher than what you are willing to sell it for. That way, you have room to negotiate.
• Highlight the brand, the price, and any pertinent specifics in the ad title. For example: “Ethan Allen Walnut Dining Table, $600.” In the body, list the dimensions, shape, age, and other important features.
• Take your own photos. Buyers want to see the piece you’re selling, not a manufacturer’s photo.
• Deal in cash only, so you’re not burned by bad personal checks or fake cashier’s checks.
Household Goods and Electronics
The best marketplace: A garage sale is where you can unload everything from pots and pans to old TVs and computers, says Chris Heiska, founder of Yardsalequeen.com, a site that offers tips to buyers and sellers. Why? As a general rule, people buy on impulse at these sales, snapping up what catches their eye.
And as a result of the lagging economy, they’re looking for deals on practical, frequently used items, so inexpensive appliances, like a hand mixer, and older electronics (five years or older; newer models can be sold on Craigslist) should go quickly.
Selling Points
• Recruit your neighbors to offer up their stuff at the same time you do. A cluster of sales is more likely to attract foot traffic, says Heiska.
• Group smaller objects (silverware, cups) in lots, so people feel that they’re getting a deal.
• Keep an extension cord handy to show that your electronics and small appliances still work.
• Antiques
• Fine furniture, jewelry, rugs, crystal, and artwork are best sold at auction. First have your item appraised (go to appraiserassoc.org to find an appraiser in your area). Auction fees can be steep, typically ranging from 10 to 30 percent.
But the more your item sells for, the lower the percentage of commission you’ll pay, says Chris Longly, a spokesperson for the National Auctioneers Association.
• Decorative Items
• Ebay is a good bet, but if the objects are too heavy to ship, opt for Craigslist.
• Patio Furniture and Garden Equipment
• Like decor items, outdoor furniture and tools are often too large or too heavy to ship, so post them on Craigslist or in your local classifieds.
Books, CDs, DVDs, Games
The best marketplace: Amazon.com, which boasts tens of millions of shoppers seeking new and used items daily. “Media inventory turns over faster here than anywhere else,” says Michael Miller, author of Selling Online 2.0 ($15, amazon.com).
What sells best? “Textbooks and recently published books,” says Priscilla Welbourn of Mendham, New Jersey, who has sold more than 6,000 (!) books on Amazon since 2005. Titles that have just been made into films, such as Nicholas Sparks’s The Last Song, sell briskly, Welbourn adds. Like eBay, Amazon charges a fee and manages the transaction for you.
Selling Points
• Price your book at a penny less than the lowest-priced copy, then check your listing daily to ensure you’re still offering the best value.
• Be honest about condition. If a DVD is scratched and you say it’s “like new,” your seller rating (a report card from buyers who have purchased your items) will go down.
• At the post office, send items via “media mail,” which is about half the cost of first-class service.
Baby Furniture and Gear
List gently used items on Craigslist or in local classifieds. Check with the U.S. Consumer Product Safety Commission for rules on what you can sell and to make sure your item has not been recalled.
Children’s Toys
As long as they’re in very good condition, playthings are popular items on Amazon. No luck selling? Hold a swap meet with friends and family and trade them for other items.
Collectibles
Old baseball cards, Hummel figurines, and the like will find takers on eBay. If you think your items are worth more than similar items are fetching there, consider offering them to a specialized auction, where buyers may have a more discerning eye. (Go to auctioneers.org to find a specialized auctioneer in your area.)
http://www.realsimple.com/