How to resell technology, household goods, clothing, and appliances

Clearing your home of that coat you haven’t worn in years, those books you’ll never read, or your food processor still in the box can be a healing experience. But it can also result in a bag of odd and final things and one new spot on your to-do list that reads “selling things.”

Selling junk can take a long time and isn’t always worth it, depending on the items.

However, if you sell it on the right platform at the right time, you can make some money, says Byron Binkley, founder of Sella, a service that will sell you your second-hand items on marketplaces like Craigslist, eBay and Facebook. “If people can take the time and really get over the friction that it takes to sell things, they have to do it sooner rather than later,” he says.

Here you can get the most money for clothes, household items, small appliances and technical equipment.

Laptops and other technologies

Selling tech gadgets in early spring is smart, says Binkley.

“It’s a great time to unload gadgets and electronics that may have been replaced over the past six months during the holiday season,” he says. “It’s declining rapidly. This value is fading into the ether.”

He adds that even if the gadget you want to sell is a little older, you can still sell it at an affordable price. “Value greatly [of old tech gear] It goes beyond what people think,” Binkley says. People think that their four-year-old laptop or iPhone isn’t worth it [to sell], but she. They should definitely sell it.”

To get the most money for an old laptop, iPhone, or pair of Bluetooth speakers, list them on eBay or Mercari, he says. Items like these are sought after and don’t cost a ton to ship.

Listing them yourself will net the most cash, agrees Kristen McGrath, shopping expert at RetailMeNot.

Keep in mind that there are still fees. Fees on eBay vary by category and final price: for laptops, it takes 10% plus 30 cents per order. Mercari also has a fee, usually around 10%, depending on the item and payment method.

If you don’t want to take the time to do this, you can use barter software. “Amazon, Apple, Samsung, and Best Buy all have barter programs aimed at recycling and savings on your next technology purchase,” she says.

And, she adds, before you sell a tech item, remember to clear your data. “For any tech item you plan to sell, you should wipe the hard drive of any data or personal information that may still be on the device, as well as log out of any site sharing and social media apps,” she says.

Housewares

Pinkley says silver plates or gadgets you bought at Target or Macy’s probably don’t hold that much value, but you can try to get a few bucks for them on the Facebook Marketplace.

“This is the stuff you see in the yard – an old toaster or a set of IKEA dishes,” he says. “You might want to do a garage sale or something or if you want to post it on Facebook Marketplace.”

greatly the value [of old tech gear] It goes beyond what people think.

Byron Binkley

Sila founder

However, some things may end up in good intentions. “If you had something that you paid $30 for at Target, it probably wouldn’t be worth that amount,” he says.

If it’s something a little more expensive or rare, like hand-painted china, you can try selling it on eBay.

Clothes

The best place to sell your clothes and how much money you should expect to make depends on the brand of each item and the amount of wear, says Binkley.

If you have quality clothing or accessories, you may be tempted to sell them on Poshmark or The RealReal. But these sites get huge revenue cuts from higher priced items.

Let’s say you sell a classic Chanel bag for $1,500. Poshmark takes 20% off any item over $80, which means you’ll lose $300 by selling on their platform. RealReal takes 30% off handbags between $995 and $4,994, which means you’ll lose $450.

However, many luxury items have mass appeal and you don’t need these platforms to find a shopper willing to pay for them. That’s why it’s best to use a generic e-commerce marketplace, says Binkley.

“If you look at higher-value designer items, they often sell equally well on sites like eBay or Facebook Marketplace” as they do on sites like Poshmark and The RealReal, he says.

The Facebook Marketplace charges 5% of the sale price, with a minimum of 40 cents. (This fee is waived for small businesses through June 30, 2022.) For clothing, eBay takes 9-15% of the order, plus 30 cents.

If you look at higher value designer items, they often sell equally well on sites like ebay or Facebook Marketplace.

Byron Binkley

Sila founder

If you sell branded clothing at the mall, a local consignment store or Plato’s Closet will make the most sense.

“For casual clothing, like an Ann Taylor blouse, or if someone is trying to clean out their closet and has 20 items, a local consignment store is usually a good option,” he says. “They’re going to take a good chunk of the profits, but that’s what it is. To mix convenience and make some money off your stuff instead of giving it to goodwill, it might make sense to do so.”

Plato’s Closet will sell items for 60%-70% of the original retail price and give sellers a third of that. ThredUp online consignment store takes between 20% and 97%, depending on how much the item is sold.

small devices

Benkley says that affordable, small devices sell well. But depending on the price of the items, you don’t want to bear the shipping costs.

“There’s always a $20-$50 market for a microwave, but you almost never list one on a site like eBay because the cost of packing and shipping it somewhere is twice the cost of the item,” he says. “This category of items must be sold locally.”

List it on Facebook Marketplace or Craigslist and specify that you need a buyer to pick it up. Same goes for lawn mowers, baby bikes, and other small items that have good resale value but are expensive to ship.

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