The $1000 goal came from an article I was reading in Real Simple magazine awhile back where the person being interviewed stated that any home has somewhere around $1000 worth of stuff they could get rid of. Plus, I figured I could make this work for a road trip style vacation with about 5 nights in a hotel plus money for food and activity (I'm a bargain hunter). It's also important to note that I'm only basing this challenge off of my own personal things (not my husband's). He's also decluttering, but anything he sells off will go towards other more adult things (paying down debt, savings, a down-payment on a house, etc).
So far, I've collected around $130 (see graph in sidebar to track my progress). I'm about $120 less than where I'd like to be at this point, but selling things off slowly but surely. For my post today, I thought I'd share my plan for selling our things...
1.) Local Facebook Yard Sales
If you've never looked into it, Facebook has groups that are specifically used for sale of things locally. So, I joined a local group and began listing all of our things there. I typically only list things that I want $5 or more out of since you have to drive to meet the buyer. This is the first place I try to sell things before using any other method because you generally get more. Make sure if you use this method you either go with a friend or pick a very public place during the day (because people can be crazy).
I know you know what Ebay is. This is the second method I like to use especially if something is a brand name or a collectible. There's a bit of delayed gratification since it typically takes longer to sell things this way over Facebook, but the payout is typically pretty good. Plus, you can sell just about anything there. Think I'm joking? I regularly sell chewing gum on there for a profit. Totally serious.
3.) Garage Sales
We are planning to have 2 garage sales before May 14th. This is where I figure most of our smaller items or items that no one purchased on Facebook or Ebay will go. This is where I am guessing we'll have our biggest chunk of money coming in, but typically people don't pay as much for garage sale items, so that's why it's our 3rd line of action.
If there are still books, CD's, DVD's, games or technology I can't sell on the above formats, then I'll send them here. You can download and app and scan the bar code for each item and they pay around garage sale prices for these types of items. This will be my last ditch effort to make some coin off of these sorts of things. Every once in awhile, they'll also send you a coupon code via email to get more money. What I love is that they cover the shipping costs as well!
For my clothes and purses that can't sell on the first 3 formats, this will be my last ditch effort for them. I really love purchasing things from ThredUp (in fact, if you click on the link, you'll get a $10 credit to spend however you'd like). They aren't the greatest in terms of payout and they make you pay for the shipping costs out of your credits, but a little money is better than nothing. I will only send brand name items (as they will donate out everything else and you don't get paid for it). Any clothes that I don't feel like would go on ThredUp, I'll donate out to a non-profit.
And that's my plan to make money from my things thus far. What about you? What is your favorite way to sell items for cash? Any suggestions to help make this project a success?