How to Make Money Off Your Closet
Spring cleaning might be over, but if you’re like me, graduating from college and moving to a new city, it is only beginning. As someone with a tendency to hoard things, I have trouble letting go to that hot pink Kate Spade handbag that I haven’t worn since Freshmen year. Not anymore! I have found a few amazing ways to make money off the items in my closet.
Now I have some free space, extra cash, and a lot less to move to my soon-to-be tiny New York City apartment.
Where to Sell Designer Items: Poshmark
The Poshmark app is incredibly easy to use and perfect to sell any items that were originally $50 or more.
Shoppers can make offers on your items, comment questions, and even bundle for discounts. My favorite part of this interaction is also that you can make counteroffers and see what your earnings would be every step of the way.
If an item sells for under $15, they keep $2.95. If you sell for over $15, they keep 20%. I have found this to be fair and honestly less than most consignment shops where you have the hassle of going in person and not being able to market your goods.
I have made five sales so far and could not be happier. When an item sells, you are emailed a shipping label. You print it and mail the item. It is literally that easy!
Where to Sell Fast Fashion: Plato’s Closet
I love Forever 21 and H&M as much as the next girl, but do not have the patience to try to resell a $15 item on Poshmark. The amount you would make is not worth the hassle, in my opinion, so I love Plato’s Closet! You can bring in literal trashbags full of clothing items and they choose what they want.
In my experience, they offer $2-$8 depending on the item and condition of it. While they can be somewhat picky about wear, I find that these rates are great to get rid of those items that you just do not wear frequently.
As always on Sophistication and Sparkles, my goal is to help you get the most out of life during your college years and early twenties. That includes making money back on items that are sitting around clogging up your closet! I hope that this post gave you an idea of how you can sell some of your items and turn your closet into your bank!