You could be sitting on enough money for a new vacation, sports lessons for the kids, or a brand new bedroom set. We bet that one afternoon gathering unused items around your home could result in plenty of extra cash.
The secret is to get organized and find the items in your home that are simply taking up space and no longer useful or loved, and turn those items into money makers. You’ll wind up with a clean clutter-free home and a boost to your budget at the same time.
Before you start earning money from your clutter, you have to identify it first. Take a good look in the places where extra things hide in your home. Some common areas to find money earning clutter include:
Gather a few bags and boxes and get to work choosing items that would better serve you if they were turned into money.
With an exception for rare items, only select things that are in excellent condition. Once you have done this, it is time to turn that clutter into cash. Explore your options below.
Refurbish or Recycle Electronics
Old electronics can earn you cash and discounts, sometimes no matter what the condition happens to be. Manufacturers look for these items to refurbish and resell, and they will pay you for them accordingly in cash or in store credit for new items. The same goes for electronics that cannot be resold. Manufacturers and some retail stores will offer monetary incentives to owners who turn these items in for responsible recycling.
In addition to the cash and incentives from manufacturers, there are several websites that will pay you for your old electronics.
Enlist an Auction House
Very high-end items should go straight to an auction house, where they can fetch the best price. Auction houses are run by experts who will do all of the work of turning your clutter into cash for you, from cleaning and pricing, to marketing and delivery. It is a good option have valuable pieces to sell, but you don’t have the time to deal with the business of arranging the sale.
An auction house may be the best choice for classic cars, antique furniture and whole estates, vintage toys, and artwork.
The auction house will charge a prearranged fee.
Sell Items at a Consignment Shop
If you have higher value or popular items, you may want to put them on display at a consignment shop, where they can get to the right people.
Choose the shop carefully. Designer clothing, trendy home decor, vintage furniture, and baby and kids items can sell quickly in consignment shops.
Vintage items, such as older video games or toys, sports equipment and musical instruments also sell well at consignment stores that specialize in these areas.
The consignment shop will take a percentage of the sale, so price your items accordingly.
Sell on Ebay
Ebay, the online auction site can out your stuff in front of a very hefty buying audience from across the globe. Trendy or in demand items will sell well, and bidding wars can drive up the price of these items.
Take the time to create a good listing that includes a though description and at least one clear photo. Offer something extra, such as free shipping to make your listing more attractive.
Have a Garage Sale
The benefit of having a traditional garage sale is that all you need to do is to haul all of your stuff out to the garage or yard, price it, and watch it sell. There is no listing or marketing items individually, and items sold in a garage sale don’t always have to be pristine, as long as they are in working order.
To have a successful garage sale, you should employ a few garage sale success tips, such as:
Use Craigslist or Amazon Marketplace
The two platforms of Craigslist or Amazon Marketplace eliminate the need to wait for an auction to end before your items are sold.
On Craigslist, items are sold locally and usually delivered or picked up locally as well, so there may be some safety concerns with this type of transaction. To stay safe, always agree to meet during the day in a public place, and refuse to sell to anyone who makes you uncomfortable. You have the option of encrypting your reply email for protection.
Craigslist offers some flexibility in listing your items, so you can invest as much or as little time as you like, change prices on demand, and well as repost ads as needed. Listings are completely free.
Amazon marketplace is straightforward. To list an item, you first choose a category, enter your information, and look through a list of matches to find your product. Enter the condition of the item, the number of similar items you have to sell, the requested sell price, and the shipping information. You will be able to see the listings of other sellers of that item, and can you adjust your information as needed.
Join a Facebook Group
Take advantage of social media to sell your items for cash. Join a local Facebook group and list your items for sale with a photo and a description. There are general groups, and groups for specific types of items, such as “Home Decor” or “Baby and Kids.” Join several groups and cross post your items to make them sell faster. All listings are free.
These groups usually have one or more administrators, whose job it is to make sure all transactions run smoothly. They will post rules to keep everyone honest, offer suggestions, and answer questions. Members who do not follow the rules or have been reported as dishonest may be banished from the group.
In general, you will be required to sell the item to the first person is willing to pay your asking price and make your own arrangements for pick up.
As you can see, you have several options to turn that unwanted clutter into appreciated cash. Choose the methods that will work best for you and your items, and make that clutter do something useful for a change.