Do you have a closet bursting at the seams with clothes? Tons of overwhelming clutter and a basement piled high with junk that you don’t know what to do with?
If you have kids you probably have tons of baby gear that you want to offload too.
If you are ready to tackle the clutter and want to make some money while doing it, check out these 6 ways to cash in your trash.
6 Ways to turn your Clutter into Cash
Do a Return
Returning the item is your best bet if it still has tags and you are not already past the return date. Some stores have generous 90-day return policies and others, like Carters and Payless Shoe Source, do not place a time limit on returns if you have the receipt.
Consign Consign Consign
Name brand clothes in great condition tend to fetch the most at high-end consignment stores. The clothes normally have to be in season and not older than a few years in order to make the cut. I sold Lululemon pants and some fancy dresses at one store and made $200 easily.
Consignment stores work one of two ways – either they buy the clothes from you and then sell them (Think Once upon a Child and Plato’s Closet) or they put the clothes for sale and give you a percentage of the final sale price (more common in higher end boutiques).
Be prepared to only get a small percentage of your original retail cost for the clothes, after all, the store wants to make money too.
Facebook Neighborhood BST groups
This is where I make the bulk of my money from selling my unwanted clutter. I find that baby gear and clothes sell very well on these sites.
Some tips for selling on Facebook BST
Make sure you take a good photograph, respond promptly to inquiries and price to sell. 50% of retail seems to be the norm on these groups.
Also, make sure you read the group rules about “bumping” your post and following the order of interest to avoid a rap on the knuckles from the admin. I like these groups because of the security of seeing the person’s profile and also the geographical limitations on groups. Porch pick -up means that you don’t have to arrange a time to meet with the buyer as they can come by at their leisure.
I like these groups because of the security of seeing the person’s profile and also the geographical limitations on groups. Porch pick -up means that you don’t have to arrange a time to meet with the buyer as they can come by at their leisure.
Craigslist, Gumtree, and Kijiji
It seems that the Facebook BSTs have replaced these websites for the smaller items but I have found that you reach a wider audience for larger, more expensive items such as strollers and furniture. Make sure you price a little above what you hope to get for the item as Craigslisters are die-hard negotiators.
Make sure you price a little above what you hope to get for the item as Craigslisters are die-hard negotiators.
I personally don’t sell on eBay anymore. I found that my listings were going for too little and by the time I had paid the commissions to eBay and PayPal, it just wasn’t worth my effort. However, tons of folks make a living on eBay so if you have the right products, go for it!
However, tons of folks make a living on eBay so if you have the right products, go for it!
Antiques and rare collectible items definitely sell well. Make sure you have correctly priced out shipping costs before you list your item to avoid a nasty surprise when it sells.
I find it hard to make a lot of money at yard sales. Maybe it is just my neighborhood or the things I sell, but I’ve never made more than $150 for a morning’s work. Nothing to complain about but not the $1000s I see other people make. Garage sales are for anything I can’t sell on the Facebook groups or Kijiji/Craigslist. I keep a box in the basement and haul it out once a year at our annual street sale.
Donating your Clutter
If none of the methods above shift your item, or you just don’t have the time and energy, there is something to be said for donating/giving away things for free too.
If you are in the States, you have the added bonus of claiming a tax deduction for your donated items but alas, in Canada, we don’t have that incentive. I find I give 50% of my stuff away either through donating to a thrift store or on the Facebook BST groups. It always feels good to make someone’s day!
For even more ideas of ways to make money on the side, check out these posts:
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