How to Sell Stuff for Extra Money–Quickly and Easily!

How to Sell Stuff for Extra Money -- Miter Saws and Mary Janes

 

When it comes to boosting your income, one of the easiest things you can do is to sell stuff for extra money. Most everyone has extra stuff lying around the house that isn’t necessary. By taking that stuff and selling it for extra money, you can reach your financial goals even faster. Plus, it feels great to purge!

During a recent move, I took the opportunity to significantly pare down my belongings. It’s remarkable how quickly stuff sneaks up on you if you’re not aware of what you have.

I have a lot of tools for my house flips, a ton of outdoor gear, and plenty of household items. I took the opportunity to thoroughly examine everything I had before I packed up. It was liberating to get rid of so much, and I was able to sell stuff for extra money pretty easily.

Sell Stuff for Extra Money: What to Sell

Pretty much anything can be sold for extra money. If you’re looking to sell stuff for extra money, take a walk around the house. Open the closets, raid the basement, get into the garage. Anything you’re not using is a candidate to sell.

I was able to sell appliances, clothing, home decor, and furniture before I moved. You can easily sell antiques, electronics, books, and even unopened cosmetics. If you spent your money on the item, chances are someone else will do the same.

How to Price Your Items

Price will first depend on how you plan to sell the item (more on that below). If you’ll be working with a consignment shop, they’ll provide the price range. Keep in mind they’ll also charge a commission on the final sale, so be realistic about what you can sell this way.

If you opt to sell an item yourself, do your research. I usually always sell stuff for extra money myself, so I look online and in local classifieds to get an idea of what something may sell for.

You’ll need to find a comparable item if you can’t find an exact match. You also need to pay attention to the condition of the item. Try to find something similar on sites like eBay, Craigslist, etc. Then see what those sellers are charging.

Finally, don’t forget that just because an item has a certain price doesn’t mean that’s what it will sell for. Pay attention to recent sales and see what the final number is. This will give you a better idea of how to price your own items.

Sell Stuff for Extra Money: Where to Sell

As mentioned above, you have options when  you decide to sell something. Online, offline, and hands-off are all viable ways to sell stuff for extra money. I usually opt to list my items online. Here’s a list of places to start when you decide to sell your own things:

Facebook: I love, love, love the Facebook private groups! I usually join the online yard sale groups where I live, and I periodically peruse the listings. I’ve sold plenty of things simply by posting to the private groups. Often, my posts, if written well, end up being shared so someone eventually buys. You can also simply post on your own feed and ask friends to share.

eBay: eBay is a global marketplace, so you can literally sell things around the world. Pay attention to potential shipping costs and make sure you’re accounting for those in your price. Additionally, you can always calculate the shipping after the sale and eBay allows you to adjust accordingly.

Craigslist: Scams aside, Craigslist is a wonderful way to sell stuff for extra money. It’s free and easy to post. I’ve sold appliances, furniture, and home decor this way many times. Just be smart about who you’re corresponding with, never list your address and contact information publicly, and conduct transactions in a public place if possible.

Hold a sale: Garage sales still hold appeal for many people, so don’t discount their ability to help you make extra cash. Advertise your sale online and be prepared to have people try to bargain with your prices. A garage sale is a quick, easy way to unload a bunch of things you no longer need/want/use.

Best Practices for a Successful Sale

Selling your stuff for extra cash is simple if you adhere to a few rules. Even if you’ve been unlucky in the past, it is possible to close a successful sale with the following tips:

Pay attention to the description. Your description is your chance to really sell the item. Just like a blog post, the title of your ad matters. So does your inclusion of any brand names or special features. The length of your description is proportional to the item’s value. A boat is certainly going to need a longer description than that old skirt hanging in your closet.

Photos are everything. Your photos will really make or break your sale. Pay particular attention to lighting and composition. Your goal is to showcase the item as if it were in a store. You want to entice the buyer, so make sure to take appropriate photos of all angles of the item. I say appropriate because you obviously won’t need more than a few with that skirt, but you will need more to showcase the boat!

Timing is key. Selling a convertible in the winter? You probably won’t have as many interested buyers as you could have during the summer. That snowboard collecting dust in the garage? Sell it right before or during the ski season to maximize your chances of completing the sale. If using eBay, you have to assign the auction timeline so be sure to choose appropriately.

Show all flaws. If there is any damage or wear to the item, make sure to disclose that in your description and photos. Nothing is worse than a person refusing to buy based on a negated flaw. Be honest upfront and save yourself time in the long-run!

Be smart. As I mentioned above, scammers are out there. Be smart about how you conduct your sales. When I sell stuff for extra money I always try to conduct the transaction in a public place. I rarely give out my home address, and I never go alone. A few simple precautions are all that’s necessary to safeguard yourself and your belongings.

Have you ever sold stuff for extra money? Share your tips and success stories below!

 

 

Willow

Willow

Willow is the founder of Miter Saws and Mary Janes, a lifestyle site about DIY, personal finance, travel, real estate investing, and home hacking. She chronicles her DIY, travel, and outdoor adventures and how she makes over $10,000/month online. Click here to learn how to start a blog!
Willow

8 thoughts on “How to Sell Stuff for Extra Money–Quickly and Easily!

  1. I am big on reselling things for my side hustle. Just last month the wife and I turned a $50 deal into near $1000!

    It was two plastic totes of single items, so it looked like a lot of work – but it wasn’t! We sold them all in that same weekend.

    My mortgage is just $715, so that paid for the month and then some!

  2. I’m a big fan of buying and selling via Facebook groups. I’ve also used Craigslist and Ebay. I’ve only held a garage sale once, and it was a lot of work for relatively low sales.

  3. Great info here. I would like to start selling some things that are laying around the house but I haven’t gotten my act together yet. I do know some people that do and they make a nice little side income from it.

    1. Thanks! Yes, definitely go through the house; you may be amazed to see how much $$ you could get for the things you don’t really use anymore

  4. My wife has sold hundreds of things on eBay, and we have had a garage sale in the past. We switched to eBay after the garage sale because of how much work the garage sale was. It rained about four hours into our garage sale which cut into a lot of our potential sales.

    1. That’s awesome about eBay! I can imagine the rain would be quite detrimental to the garage sale stuff; glad you guys found a better alternative.

Comments are closed.