The Money Shop guide to selling your stuff
Too much clutter and not enough cash. Sound familiar? You don't have to be a hoarder to find yourself with too much stuff around the home – it just piles up.
The obvious solution? Selling some things on eBay, Amazon, MusicMagpie, CeX and more all make it simple, whether you want to sell online or shift things in person.
If you've ever questioned how to sell stuff, then take a read of our tips for decluttering in the name of cash – and how you could potentially sell things for a little more.
Decluttering: what should you sell?
Deciding what to get rid of is often the hardest part of the process, and nostalgia can easily get in the way of shifting things you don't need.
The simplest solution is the one year test – if you haven't used an item in the last 12 months, get rid.
Those DVDs you'll never watch again, (they’ll be on Netflix anyway!)… that digital camera that's been replaced by your phone… those clothes that don't fit anymore…
Have you used them in the last 12 months? Are you going to use them again? No.
Not everything will be sellable, of course, but that doesn't mean you have to bin it.
Ripped or ruined clothing not suitable for the charity shop could be recycled at a clothes bank – find one near you with this handy tool.
Price vs. convenience
Once you've got your sell pile, the next question is where to sell it. This decision usually comes down to a matter of price vs. convenience.
Do you just want it out of the house, with a few extra quid in your pocket a happy bonus for an emptier living space? Or would you rather maximise your money by taking a little longer? That's one of the most important questions to consider when selling your stuff for cash.
Sell it speedily
There are loads of services out there that will just snap up your stuff for a set fee, without being too discriminating about it.
MusicMagpie is probably the best known, but they do have a reputation for not paying out a great deal. They're by no means the lowest, but there are some sites offering better prices.
The equivalent for clothes would be Return to Earn, who pay 50p a kilo for bags of unwanted clothes in good condition.
These sites are fantastic if you just want to shift a lot of stuff very quickly, without much hassle.
But there's a very good chance you'd be able to make more money if you put in a little bit of effort when selling your stuff.
Sell it for more
Whilst the value has fallen on CDs, DVDs and second hand books, people will always pay a little bit more for something harder to get hold of – which is a factor that barcode readers probably won't know.
Listing items on eBay and Amazon does cost money – find out more about their selling fees here and here. But you might find yourself making far more, even with fees accounted for, thanks to discerning customers.
Some items, like video games, hold their value in the retail market really well, so it’s always worth at least shopping around to see what other items are being offered for.
When looking on eBay though, be sure to check the amounts that people are bidding, not the amount being asked for – a seller might charge £10 for their Michael Bay box set, but it doesn't mean anyone will actually pay it.
eBay also works well for clothes, though if you're looking to make a little more it may be worth going somewhere more specialist. An Asos Marketplace account costs £20 per month, but it could pay for itself if you have some desirable items for sale.
Depop is another newer option for selling clothes, shoes and accessories – it's like Instagram, except you can sell things through your posts. It's really popular with fashionistas making room in their closets.
Facebook sale groups are another option – local groups are great for everyday items that you can't sell anywhere else, like small items of furniture, homewares, toys and the like.
There's also plenty of specialist groups for things like musical gear, record collectors and more. Have a search around!
If you do decide to spend a little longer on maximising your funds, remember that the way you present your goods online can make a real difference.
Pictures are essential, and they should be well-lit and in focus, on as plain a background as possible.
Make sure you take close-ups of any important features, or areas prone to wear and tear.
If you're selling clothes, it could be a good idea to invest in a cheap mannequin or dressmaker’s dummy.
Laying clothes on the floor doesn't always make them look appealing, and modelling them yourself can be off-putting for anyone funny about second-hand items – a little shop-like presentation could make all the difference.
Have you got any more tips on how to sell stuff? Let us know in the comments. Alternatively, check out the rest of our blog for money saving tips.
Remember, do not buy what you can’t afford, and think carefully before taking out a loan for any non-essential purchases.