Making extra money is as easy as looking around your home for sellable items. You’d be amazed at how many familiar items are in demand, and how much they can actually fetch in terms of price. If you find yourself tight on cash, look around for these five items to sell and you’ll be sure to make a little extra money.
1. Designer Clothing
Name-brand clothing is a hot commodity. While fashion trends come and go frequently, used clothing is a rather large market. Thrift and second-hand stores literally make a living off of used clothing, with some offering cash incentives for good condition clothing.
Many thrift stores operate solely on donations, but there are many who will pay for gently used name-brand clothing. If you’re not wearing those old designer jeans anymore, you can sell them at one of these thrift shops for either in-store credit or cold hard cash. This is an incredibly simple way to generate extra cash, especially if you have a large wardrobe.
Not only will you make some extra money, but you’ll simultaneously declutter your closets and drawers. We’ve all been in this situation before: “I’ll wear it someday.” Rather than waiting on “someday” to come, why not sell those old clothes for extra cash?
Do you have old textbooks lying around unused? Perhaps a collection of literature that you rarely touch, or were gifts that you’ll never read? Contrary to what you may think with all of the digitalization in our society, printed books are alive and well. People are reading more, and the demand for good books has increased much over the last decade.
Your old textbooks can carry value as well. If you didn’t sell them back at the end of the semester, you’re probably wondering where to sell textbooks. Luckily, there are dozens of buyback sites that will pay real money for those old textbooks. The general rule is to avoid the campus bookstore, as you’ll probably get an offer that benefits the store itself more than it does the student.
Books can be a valuable asset, and you may even have some collectible books in your shelves that are worth far more than you ever imagined. If you’re looking to clear some space in your house while making some extra money, selling books is the way to go.
The best part about jewelry is that precious stones and metals will always hold some kind of monetary value. Whether you’re looking to sell a diamond ring, a gold watch, or silver locket, you’re sure to make some money from your old jewelry.
Selling jewelry can be tricky, especially if you’re opting for a private sale. The individual will likely want some form of proof that your trinket is indeed made with the precious metals or stones you’ve claimed it was. Understandably so, as there are counterfeits for common metals like gold, silver, and even precious stones like diamonds.
You can sell jewelry to pawn shops or jewelry specific buyback stores. We’ve all seen those “We buy gold here” signs. While you probably won’t get the full value of the jewelry, metals like gold are valued in accordance with their weight. As of now, May 2019, gold is worth around $1,200 per ounce.
So if you’ve got an old watch or ring lying around made of precious metal or stones, you can sell it and get a quick cash burst of anywhere from a few hundred to a few thousand dollars. Don’t be afraid to shop around and find the best deal for your fine jewelry.
Furniture loses much of its value with use, but a good condition couch or loveseat can fetch some quick cash with the right buyer. Usually, name brand furniture like LazyBoy will warrant a higher buying price than its lower-quality knock-offs, but you can still sell your knock-off furniture for some profit.
The selling price of the furniture will depend largely on the condition of the piece. Obviously, too many rips, tears, burns, or stains will drop the item’s value significantly. Also, if you’re a smoker, furniture tends to collect the residue and scent of cigarette smoke, which can also reduce the item’s value. Not to mention the residue can be harmful to the body if it’s exposed to large amounts.
Maintaining your furniture ensures that you’ll be able to sell it later on for a decent price. Furniture is always in demand, so keep that in mind the next time you purchase a new item for your house. You may end up selling it later!
Electronics such as video game consoles or phones can carry some monetary value well after their initial release date. Older gaming consoles sometimes become collectible and can fetch a hefty price from the right buyer.
Stores such as Gamestop will purchase old gaming consoles, games, and even accessories provided the equipment is in good condition and isn’t too outdated. There are other exchange stores that will accept older consoles, but only certain consoles and games are considered collectible.
TVs and phones are a bit easier to sell, as there is likely to be someone who needs a phone ASAP. Phones are dropped or malfunction constantly, so the demand for phones is usually pretty high. Of course, a cracked screen isn’t exactly worth much, so try to keep your phones in decent condition if you plan on selling them later.
Article Submitted By Community Writer