how to make money reselling designer clothes
There comes a time in every style-conscious woman's life when she hates everything — and we meaneverything —in her closet and desperately wants to refill her wardrobe with new apparel and accessories. While it's normal to want to save that decade-old sweater in case you suddenly get the urge to wear it, why not sell your clothes instead? Not only is it a great way to permanently declutter your closet, but you can also make some money on the side. Plus, if your pieces are in good enough condition, one woman's trash is another woman's treasure. Check out our five favorite places to resell clothes below. Whether you're parting ways with a designer bag or finally getting rid of items from college, there's something here for everyone.
1. The RealReal
Time to clean it out. | iStock.com/gregory_lee
Since its launch in 2011, the RealReal has become an editor-approved hotspot for reselling luxury clothes and accessories. What sets this site apart from the rest is that the RealReal staff takes care of everything for you. Depending on where you live, a representative is available to come to your home and evaluate the pieces — or you can mail your selection to the company.
Once your clothes are at the warehouse, the team prices, photographs, and lists your products. Resellers will initially gain a 60% commission, but that can increase as you sell more on the site. Every month, you'll receive your payment in store credit, via direct deposit, or as a check. The site exclusively posts items that are in impeccable shape, which means anything you buy from the site will be in pristine condition, too. One caveat: The site will only accept certain designers, so you should check out its list before submitting your items.
2. Buffalo Exchange
Check out Buffalo Exchange when you're ready to sell your clothes. | iStock.com/g-stockstudio
If you want to make some extra money fast, head over to Buffalo Exchange. Unlike many other options, which can take days or weeks to return your profit, Buffalo Exchange will take them on the spot in exchange for some cash. Once you're at the store, a clerk will examine and price all your items. You can either receive about a 50% commission in store credit or lower percentage in cash. While the store will accept just about anything that's in good condition and in season — you'll have to wait until the summer to sell your colorful jeans and flowy tops — everything you submit needs to be washed beforehand. The company has locations in nearly 20 states, but you can also mail in select pieces.
3. eBay
You'd be surprised to see eBay makes the list. | iStock.com/StockRocket
The online marketplace may not be the most popular spot to resell your prized possessions, but eBay does have its perks. For starters, you can set the price for your pieces. Buyers can propose a counter-offer, but if you don't like the suggestion you don't have to accept. The site has an auction setting so buyers can bid on your pieces, but the "Buy It Now" feature is also available if you're looking for a specific price. You are also in charge of taking photos and describing the listing, so you can make sure your clothes and accessories are well-represented. Most reselling sites take a percentage of your sales, but you'll only need to pay a small seller's fee once a month. But since nobody is pricing your items for you and you'll only get paid once you receive an offer, it's possible that some pieces will stay on the site for weeks.
4. Poshmark
Poshmark is great if you want to do everything from an app. | iStock.com/DragonImages
Consider Poshmark a cross between Instagram and eBay. It's an iPhone and Android-compatible app where you can follow fashion-forward sellers, boutiques, and tastemakers, and see their latest postings on your feed. In addition to selling accessories and apparel, Poshmark is also a great place to get rid of your unused beauty products, too. Like eBay, you price and list your own products so there is that risk your items will not sell immediately; however, Poshmark reportedly boasted 1 million shoppers last year, so you're in good company. As for commission, the site will take a flat $2.95 fee for sales under $15 and a 20% commission off more expensive items.
Selling your stuff online can be risky business — especially since you don't know anything about the buyer — which is precisely why Poshmark promises to give you a full refund if the buy doesn't match the description or never makes it to your doorstep.
5. ThredUp
ThredUp also donates clothes. | iStock.com/LuminaStock
With most reselling sites, there's always the possibility your clothes won't be accepted. If you're set on cleaning out your closet, that can be a real bummer. ThredUp, however, is a little different. The site sends you a cute polka dot bag that you can fill with women's and children's clothing. ThredUp offers up to 80% commission but since the site offers each piece up to 90% off its going rate, you may not make bank here. But if some of your pieces are rejected from the website, ThredUp can donate them to various charities, ensuring your clothes will be out of your closet and in the hands of someone who needs them.
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how to make money reselling designer clothes
Source: https://www.cheatsheet.com/gear-style/want-clean-closet-ways-can-resell-clothes.html/