|Portions of your income from selling your unwanted stuff will probably go toward your moving expenses. Any additional money that you can acquire from selling your unwanted goods can be welcomed profit. To maximize your profits, you can start by figuring out which items to sell and how you want to sell them.
Selecting your items
In a perfect world, you could sell all of your unwanted items for cash before you move. Since this is unlikely, you should create a practical list of things that you want to sell.
This list can be divided into different categories, like appliances, furniture, toys, luggage, jewelry, and electronics. You can even include things like CDs and DVDs - add whatever you feel is sellable.
An easy way to get cash for your items is to have a garage sale. For each item that you plan to sell, create labels with corresponding price tags. A table or brightly-colored surface can be used to display your garage sale items. Make sure that you give yourself time to make your goods for sale as presentable as possible. This may require a bit of cleaning and slight repairs on your part, but remember that the garage sale is an investment and can return a quick profit.
You may not have the time to devote to organizing a garage sale and could choose to sell your items online through websites like eBay.com or Craigslist.org. If you want to sell your rare Star Wars action figures or your motorcycle, use a reliable website that can guarantee safe transactions or put you in direct contact with potential buyers.
Thrift stores and pawn shops
You also have the option of selling your goods to thrift stores and pawn shops. Many thrift stores receive their inventory from companies for free, but some thrift stores will buy certain goods from you that they still need. The fee is usually minimal, since thrift stores are often charitable enterprises.
If you have jewelry or watches that you want to exchange for cash, then you can take these items to a pawn shop. It's a good idea to bring receipts for your jewelry in case you need to certify its value. Unfortunately, pawn scams are a reality, so research the pawn shop's company profile through the Better Business Bureau or another reputable source.
Did you know?
Thrift stores are known by many names. Here are just a few:
- Charity shop
- Charity store
- Opportunity or Op shop
- Second-hand shop
Leverage the flea market
Flea markets offer a space where people can exchange or barter their unwanted goods. This is an opportunity for you to find sellable items that can translate into profit. If you know the value of the item that you're receiving costs more than the item you’re exchanging, then you may stand to make a future profit. Since the flea market exchange does not involve a cash transaction, the worst case scenario is that you have a new, albeit less valuable item. Make sure that you are bartering items that have proven unsellable.
Pricing your goods
When pricing your items, it is good to offer a slight discount at first for most generic unwanted goods. If you are selling collector’s items or other expensive items, it is best to sell them at their true value. Maybe you have antiques that are worth more today than when they were first bought. If this is the case, then increasing the price would be appropriate.
Keep in mind that you want to sell these items and receive cash before you move, so providing a buying incentive, like a discount, can help you achieve your goals. There are various ways to sell your unwanted goods and whichever way you choose, be sure to give yourself enough time to organize your items for a straightforward sell that can put cash in your pockets.