Selling Your Stuff.
Gathering the items, finding a value and getting them sold!
So you want to sell your stuff and turn it into quick cash. For some this is an easy task and for others it can become overwhelming quickly. Let us help you get organized and show you how selling your stuff can become a successful process that creates a good return.
What are you selling?
First things first… What are you selling? This is going to be the most important part and can be a bit of a daunting task. You will want to go through everything and set aside all items you are ready to part with it. We recommend applying this method to the process: Don’t hold onto your old stuff unless you actually enjoy it and don’t get rid of it unless you are completely sure. Once you know what you are selling, you will be able to decide the best plan of attack.
How much are you selling?
Now that you have your pile together you will want to decide if you feel equipped to handle the selling process on your own. The quantity of items you’re willing to part with will determine your best method of purging. Some questions to get the ball rolling on determining the best method are:
- Is this pile far too large for you to handle alone?
- Is it an entire home worth of items?
- Are you moving and want your leftovers gone?
- Do you have a tight deadline?
- Did someone pass away and you inherited a bunch of their belongings?
- Are you looking to empty a storage unit?
- Do you have a garage / basement full of stuff but are looking to continue living in your home?
- Do you have a small collection of valuables to sell?
Depending on which of these applies to you (if any), your options will vary. Keep reading to see which options apply to which scenarios.
Are you selling anything valuable?
If you don’t know the answer to this question, it may be time to reach out to an expert or do some of your own research to determine if an expert is needed. It is okay to be unaware of the value of your own items especially if you have a lot to sell. It all comes down to whether or not you are interested / have the time to do the research needed to value the items properly. If you decide you do have the time and capability to do the research on your own, be aware of what avenue you are using to research. You’ll want to become familiar with the source.
Some online avenues to utilize when valuing an item are Etsy, Ebay, Google, Worthpoint and Live Auctioneers. All of them have the potential to get the job done, but as you go, you will notice a wide range of prices. Make sure to take them all into consideration and make sure to look at both sold and unsold listings before you convince yourself you have a $1,000 Pyrex dish. If an online resource does not make sense, consider taking your items to a specialist such as a jeweler, a coin dealer, an auction house or any other establishment with the credentials necessary to properly value your item.
Should you have an estate sale?
If you answered yes to the questions below from the previous section or if you already know you are looking at a large scale liquidation, an estate sale could be right for you.
- Is this pile far too large for you to handle alone? Yes
- Is it an entire home worth of items? Yes
- Are you moving and want your leftovers gone? Yes
- Do you have a tight deadline? Yes
- Did someone pass away and you inherited a bunch of their things? Yes
Chances are if you answered yes to the above, you’re in a situation where hiring a professional might relive a bit of stress. However, if you’re looking for a bit more guidance on the subject, check out our blog: “Should I Have an Estate Sale?” or simply give us a call! We are readily available and would be more than happy to help guide you through your process.
Don’t live in Michigan? No problem! You can utilize this checklist when interviewing companies in your area or give us a call if you need additional guidance.
If I don’t have enough for an estate sale, what other selling methods can I utilize?
No matter the reason, if an estate sale is not the best fit, you have many options to choose from! Below are a few avenues to try and some information about each one to utilize when selling your own items. Of course this is a very brief list of sources but with these in mind, there are unlimited avenues to explore once you’ve dipped your toes in.