Is Your Trash
Cash? 5 Easy Places to Sell Your Stuff
The
old adage that says "one person's trash is another person's treasure" never goes
out of date. So when you're looking for some extra spending cash and you want to
make some space in your home, combine the two endeavors by selling your stuff
instead of donating it or trashing it. Use the extra cash to pay a bill or start
a holiday gift fund. Even better, use the windfall to treat yourself to a
weekend getaway! Plenty of people and places exist to buy what you could be
selling instead of giving away or trashing. Here are some places where you can
sell your stuff:
ANTIQUE DEALERS AND COLLECTORS: Sell
anything from old coins and costume jewelry to old records and toys that are in
great shape to dealers. And sometimes not so great shape. I got several offers
for an old hand-me down jeweled pocket watch, even with its bit of chipped
paint. Dealers often resell your item to make themselves a profit. The telephone
book yellow pages yields the names of local antique dealers or check the print
newspaper classified ads under the "wanted to buy" sections. Check the online
telephone directories and classified ads too. Be sure to get more than one quote
and/or an appraisal before you sell it. If you're selling to a local dealer, he
probably will want to see it in person. But these days you also can sell across
the miles by using eBay.
FLEA MARKETS: Got a bunch of stuff to sell
like books, video tapes, figurines, fake (or real) potted plants, even clothing
in good shape? Rent a booth at the nearest flea market that generates a lot of
traffic. Often just $5 - $15 rents a space with a table.
Visit first to scope
out the best booth for your bucks.
Perhaps even bring your own additional
tables, shelves or hanging clothes racks. A sheet or cheap tablecloth will dress
up your flea market table too (Sometimes good displays attract more shoppers!).
Don't forget the lawn chair and $20 in small bills for change.
Just round your
selling prices up to dollar amounts to avoid the hassle of making loose coin
change.
One last word of wisdom: Flea market shoppers like to haggle. So
inflate your prices just a bit so they can strike a bargain with you. It's
expected! I once bought some figurines (that I really wanted) from a dealer
there for about $2 each and I could see the look of surprise in her eyes that I
didn't haggle (especially since I bought a bunch). But $2 each was a bargain
compared to name brand retailers and I could afford it -- I only wish I'd bought
even more of these collectibles at the time because I never found anymore like
it elsewhere (and I liked them a lot).
But keep your stuff cheap because my own experience of
trying to sell some nicer crafty stuff there was that flea market customers
expect to buy stuff real cheap (even if it's worth more). Otherwise, they'll
look, adore, compliment but not buy your stuff. And that's not why you're there.
You're there to sell your stuff.
CLASSIFIED ADS: Make room for the new couch
by selling the old one in your local freebie print paper, especially if you're
in a college town. Used furnishings are hot sale items to students. I once
netted $200 bucks for a small quaint and deteriorating three piece wood bedroom
drawer set someone gave me a few years back. I placed an ad in the local "Pennysaver"
newspaper for just a few bucks, and dozens of potential buyers called almost
immediately. It sold in two days (to a furniture design graduate student who
wanted to restore the furniture).
Online classified ads probably out number the
print tell and sell type papers but you'll still find them around. (That's where
people love to advertise their yard sales.) And don't forget about your local
daily newspaper classified section too. Plus if you are in a college town, the
university or college newspaper may run classified ads too.
CONSIGNMENT/RESALE SHOPS: If you have
discovered that you like walking in fresh air or you stink at tennis, consider
giving up your treadmill or tennis rackets in exchange for cash. Sell used
sporting goods equipment to stores such as Play it Again; or put it on
consignment at such stores. That means if the item sells, the store gets a cut.
If it doesn't sell, you're still stuck with it and earn no money.
Also, you
probably have some clothing consignment stores in your community. Check the
phone book and look around, or ask around, to find them. Sometimes resale shops
or consignment shops will advertise in those weekly freebie "tell and sell" or
community newspapers too. Make some inquiries with these shops about what
seasonal clothes they're looking for currently; then give them your good stash
of clothes that you no longer wear to sell on consignment. Make sure you inquire
about what happens to the clothing if it doesn't sell (so you get it back and
they don't cart it off to the nearest charity clothing shop which some will if
you want them to do so).
FRIENDS AND CO-WORKERS: Sure it's okay to
give things away now and then to friends in need. But if you're planning to sell
an item and you happen to know a friend, acquaintance or co-worker seeking just
such an item, why not give them first purchase option?
When I married, I ended
up with a lot of duplicate items just taking up storage space. One day during a
casual conversation with a co-worker I found a new home for my almost new, small
microwave. My co-worker had just divorced, moved to this new state, owned almost
no household items and lived in a very small apartment; my small microwave was a
perfect match for her needs. I ended up with $25 I needed and she ended up with
a must-have item for her new apartment.
So keep your ears open for people
seeking what you're getting rid of and don't be afraid to say an item is for
sale, especially if you need the money -- it's okay to "sell" versus "give away"
your stuff to those in need. Just because someone needs something doesn't mean
they can't pay for it Set a reasonable price and make the deal. You'll be happy
to make a few bucks and clear some space and they'll be happy to strike a
bargain and get something they need.
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