Spring Cleaning Your Closet? 3 Ways to Cash In On Your Old Clothes

Spring Cleaning Your Closet? 3 Ways to Cash In On Your Old Clothes

This post originally appeared on All You.

So you’ve cleaned your closet, and you’ve got a huge pile of things that don’t fit. What next? You’re in luck—that pile of discards is a potential gold mine! Cash in on your gently worn fashions with one of the many online consignment stores out there—it’s way easier than you think! A breakdown of our three favorite shops:

ThredUp

We love ThredUp both to sell and buy because they accept a lot of items (including kids and plus size) with few brand restrictions (be sure to check what they are not accepting currently). Request a clean out bag prior to your closet purge, fill it up with clothing, then ship the bag back with the prepaid label. The company then reviews your goods and gets back to you on what they will pay you. Anything with a price of $59.99 or less will earn you an upfront payout of 10-40% of the anticipated selling price. You can use that money to buy stuff on ThredUp, or after 14 days redeem into cash via PayPal. For any item listed at $60 or more, you’ll be paid via consignment (so you only make money when the item sells) at about 50-80% of the selling price with the 14 day payout via PayPal. Don’t like the price they gave you? You can have your items shipped back to you for $12.99.

Tradesy

At Tradesy you’ll have to do a bit more work but you’ll make a bigger return. You list your own items, photographing and pricing everything yourself (although they can help by enhancing the photos and suggesting a price). Once someone purchases your items, Tradesy will send a free shipping kit for you to send the item directly to the buyer. If you keep your credit in Tradesy for future purchases, they’ll take a 9 % commission. Want to cash out? They take 11%. There are no brand restrictions, and they take anything—including wedding clothes, bags, and jewelry—in good condition.

Twice

With Twice, you send in a bag of clothing (women’s and men’s clothing, shoes, and bags are all accepted) and within a week they’ll get back to you with the price they will pay you for the clothes. If you agree, you’ll get the money via a store credit—plus 25% bonus!—check, Paypal, Venmo, or a Target gift card. Think you can do better than the price offered? You can get your clothing back for $5. Be sure to check the accepted brand lists before sending anything in, and note that clothing should be less than 5 years old.

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