Where to sell your stuff for top dollar
From Grandma's china to your baby's old clothes, we tell you where to get the best possible price for all your extra stuff.
This post comes from Maryalene LaPonsie at partner site Money Talks News.
Believe it or not, this winter's snow and cold will eventually be a thing of the past. And with the spring will come the nearly irresistible urge to purge your house of all the extra stuff that is lurking in the closets, hanging out in the garage or hiding under your kids' beds.
While a yard sale can be a quick and easy way to unload all those extras, you'll never get top dollar for items sold to local bargain hunters. If your goal is to make as much money as possible, here are some of the best places to sell your stuff.
If you have brand-name or designer duds in good condition, your best bet is to take those items to a local consignment shop. Depending on their policy, you might get paid up front or you may only be paid if an item sells.
How much you get also depends on the store; some split the selling price 50/50 while others may give you more or less. In addition, you might make more if you accept a store credit instead of cash for your items.
Before you load up your bags full of clothes and head to the store, make a visit to check out the shop first. Different stores cater to different clientele, and consignment shops tend to be picky about what they accept. Then, when you do bring in your clothes, make sure they are freshly laundered and folded.
If you live in an area with no consignment shops nearby, you could use an online option such as ThredUp.com, Tradesy.com or Swap.com. But, depending on your items and the particular site, you might not get as much as you would through a local shop.
Used bookstores are a dying breed, but if you have one nearby, you might want to see what your book collection would garner there.
To find out how much your books are worth, head to BookScouter.com, which will list the going price on more than 40 websites. However, you’ll have to go directly to Half.com to look at their prices.
Recent college textbooks and popular hardcover books are your best bets for making some money. Paperbacks and older books may be better used as a tax deduction by donating them to a local thrift store.
Movies and video games
Half.com and Amazon are also good choices for movie and video game sales. You set the price based upon the condition and wait for the right buyer to come along.
Another online option for clearing out old movies, CDs and video games is Decluttr.com. You input the titles you have and the site gives you a tentative price. If the price sounds good, ship your items to Decluttr and they'll cut you a check.
It may be easier than Half.com and Amazon, but it sounds as though prices can be adjusted upon receipt of your items and, from some online reviews, it appears the site pays yard sale prices for many titles.
For an offline option, check with video game chains such as GameStop and Play N Trade. They buy used games and, in some locations, used movies. Pricing may vary but at least there is no shipping hassle involved.
Collectibles and antiques
If you have a truly valuable antique or a collection of highly sought after items, you'll likely get the most money through an auction house. Look for one that specializes in your type of item to ensure they are able to attract the right buyers.
If you have antiques or collectibles that aren't quite auction house caliber, look for an antique store that may be interested in either purchasing them or selling them on consignment.
You could also test the waters with eBay, but unless it's an item with a devoted following, your auction could get lost in the millions of other listings. Try listing with a "Buy It Now" price or using an auction reserve if you're hoping to get a specific price.
China and dishware
Even good quality china and dishware can be difficult to sell for any significant amount of money nowadays.
Replacements.com and the International Association of Dinnerware Matchers (iadm.com) will buy china and dishware and may be the easiest way to get a decent amount for your china. Of course, these sites are going to turn around and sell it to others for a significantly higher price.
If you want to cut out the middle man, you could try selling on eBay, but, as with antiques and collectibles, your listing could get lost in the competition. First, research closed listings to see the going rate for your particular brand and style of china. Then, consider selling individual pieces rather than the whole set to maximize your profits.
Some resale shops such as Play It Again Sports specialize in used fitness equipment. Smaller items such as bats, balls and protective gear might get purchased outright by the shop while larger items, such as treadmills, might be sold on a consignment basis.
You could also turn to Craigslist for sales of sports equipment. The day before practice begins, some parents might be scrambling to buy equipment, and Craigslist is often the first stop when it comes to quick sales.
If you do sell on Craigslist, be sure to follow some simple safety precautions. Meeting in a public place is preferable to having someone come to your home. However, if you are selling something large like a treadmill, you may have no choice but to have the buyer come to your home for pickup. In that case, try to move the item to a garage or entryway to limit access to your house. Also, have a friend -- or big dog -- home at the time of the exchange.
Unfortunately, most old pianos, pump organs and the like are a dime a dozen, and you're lucky if you can give them away, let alone sell them. However, little Johnny's old clarinet may have some value.
Before selling an old instrument, your first stop should be the local music supply store. It may cost you a couple dollars, but ask if they can give your instrument a once over to clean it up, check for any defects and estimate a value. Then, ask if they sell instruments on consignment.
If not, Plan B is to contact local school music departments and let them know you have an instrument for sale. Band teachers may be happy to pass along the word to families in the market to buy.
Finally, if neither of the above options work for you, try posting to Craigslist. Be aware that if and when someone contacts you and asks you to ship your instrument, it's likely a scam. Instead, stick to local transactions paid for with cash or an exact amount money order.
Unless it's a valuable antique that might be of interest to an auction house, Craigslist or your local classifieds is where you are likely to come away with the most money for your no longer needed furniture.
When selling through a classifieds site, it's best to price a little higher than what you'd like to get since many buyers like to haggle. As a starting point for pricing, you can use this furniture calculator to determine how much your piece has depreciated.
However, be aware that the depreciated price isn't the same as the fair market price. Depending on your area, you could end up selling practically brand-new furniture for 50 percent off or less.
If you're not keen on selling direct, you could also look for a consignment shop to take the furniture off your hands.
There's no shortage of ways to sell old electronics. You could use Craigslist, eBay, a retailer buy-back program or one of the Internet's electronics trade-in sites.
How much you get and how you are paid differs from site to site and program to program. Fortunately, Techlicious has done the hard work of comparing the prices you can get from various outlets. Check out this chart, which details how much you can expect to get for tablets, laptops and cameras.
If you have outdated or nonworking electronics, read our article on nine ways to profit from broken electronics.
Regardless of how you sell an old electronic device, don't forget to wipe the hard drive of any personal information first, lest you become another victim of identity theft.
Finally, we come to everything else: the kitchen gadgets, the toys, the knickknacks, the picture frames and all the rest.
Except in rare cases, most of this stuff is, sadly, not going to fetch much. These are the items that are primed for your yard sale.
Even better, if you don't need quick cash, load everything up and take it to your local thrift store. In some areas, the thrift store will even come to you and pick up your boxes of unwanted treasures (please don't donate trash!). Then you get a tax deduction, plus the good feelings that come with a de-cluttered house and the knowledge that your stuff will be used to help others.
So what did we miss? Tell us in the comments how you get top dollar for your unwanted items.
More on Money Talks News:
Goodwill is nice, but don't forget about Habitat for Humanity Restores. They are like Goodwill for construction stuff. Everything from old trim pieces and doors to furniture and household items. It is also a life saver if you own an older home and are trying to match something original to your house. Donations are tax deductible.
The Salvation Army is a much better place to give your don't wants. The Goodwill is a privately owned corporation. t
They basically hire the handicapped (which is a good thing), but are still a for profit corporation
I recently placed an old but working arts and crafts item on Craigslist. When the lady emailed me to confirm her interest in buying it, I mentioned that I had lots of odds and ends in the house that she might be able to use. She ended up buying over $100 worth of assorted items that I probably would have had to sell for less at a garage sale or donate to an organization. It pays to pique the interest of people who respond to your online sales item ... you really never know what someone else may be looking for. Peace to all ~
Waste of time unless you have huge amount.
The automatic amount you get for deductions is usually more than you can get from itemizing.
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