Liquidation

8 Places to Sell Stuff Fast When You Really Need the Money

8 Places to Sell Stuff Fast When You Really Need the Money
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It's the holidays and whether you’re moving, are in need of cash, or just want to clear the clutter out of your house, you can make a decent amount of money by selling all of that excess crap.

Last Christmas I was struggling to make ends meet. Payroll became very hard and there was a two week period where we were waiting on checks that never seemed to come. I ended up liquidating a lot of my assets and selling things quickly to both make payroll and enjoy a nice holiday with my family. Checks eventually came and, a year later, we're doing great.

I learned a lot during this time. I learned how to get top dollar for all the crap that I don't need as well as a way to get paid to unclutter my house. Here are a places I sold things that I kept my startup alive, got some extra cash and uncluttered my life at the same time.

1. Pawn shops.

If you’re in a pinch and need money ASAP, there’s probably no better option than visiting your local pawn shop. While you probably don’t have a hidden gem that will get you featured on Pawn Stars, you can pretty much sell any of your unwanted items that have some sort of value, such as jewelry, electronics, or collectibles like coins. Make sure that you being in some sort of proof of purchase though.

The biggest drawback with pawn shops is that you’re going to pay for selling your items in a hurry. You can definitely fetch more money through online sites like eBay, but if you need the money fast, the process may take too long.

Related: How This Entrepreneur Went From Dead Broke to Mega Influencer in One Year

2. Consignment shops.

Another option would be selling your items to a local consignment shop. The main advantage of these second-hand shops is that most of them focus on one type of product. For example, there are consignment shops dedicated solely to clothes, books, musical instruments, furniture, electronics, antiques, and even automobiles. Because of this, you may be able to get a better price at a consignment then you would at a pawn shop.

Before committing to a consignment shop, visit the shop beforehand to see if your items will match the clientele and how picky the store is about accepting used items.

3. Craigslist.

Craigslist has a massive following of bargain hunters who frequently view the classified site for a steal. And, it’s free to list your items. But, sometimes it may take several days or weeks for your item to sell. To ensure that you’re unloading your stuff immediately on Craigslist, you should:

  • Post a clear picture of your items.
  • Set a deadline - this will inspire potential buyers to negotiate.
  • Clearly state what you’re selling in the headline.
  • Add specific details, but keep it short. And, be honest if there any flaws.
  • Research to see what prices your stuff normally sell for.
  • Batch or lot your items together. For example, if you have used children’s clothes and toys, sell those in one lot.

4. Fulfillment by Amazon.

This service is intended for sellers with a large inventory, but if you have some unused items, Amazon’s Fulfillment Program is another way to quickly make money from the stuff laying around your house. This works by just packing up your goods into a box, listing it, and sending it to Amazon. Amazon will pick the box up and store it until it sells. When it does, Amazon will ship the item out. Since Amazon is a juggernaut, your item can easily and quickly get discovered by a massive audience. Just make sure that it’s listed at a competitive price and is an item that is in-demand.

The downside with Amazon is that the company is going to take a cut, so if you’re selling a cheaper item, like a $5 DVD, it may not be worth it.

5. Social media.

If you are concerned with safety (as with Craigslist) or packing your items (like with Amazon), you could just sell your extra stuff to people that you know, at least somewhat. You can list your stuff on Facebook for free and, hopefully, have a response in a just a couple of hours. Since your network includes people in your neck of the woods, the transaction can go do down quickly. If you have something perfect for a specific group, you could post the item a relevant group’s page.

Besides Facebook, you can also sell stuff on Instagram. Just snap a picture and add a brief description. You can even collect payment through PayPal, so you sell our items to a wider customer base.

If social media isn’t looking promising, you can download several different apps where you can sell your used items to local buyers.

Related: What It Takes to Go From Dead Broke to 6 Figures in 6 Months

6. Host a "raid my closet'' party.

This will take a little planning, but you could host a "raid my closet" party. Simply invite your friends, family or coworkers to your house and let them pick out the stuff that they want to buy from you. Hopefully, they’ll take all of that extra crap off your hands by the end of the party. Best of all? It’s a party, so you’ll have fun at the same time.

If you don’t want people rummaging through your closet, Poshmark is a real-time digital selling party.

7. Local colleges and flea markets.

If you live near a college or university, you can place flyers on campus or post the items on college forums. It’s best to do this right before a semester starts when students are looking for the stuff they need for the upcoming school year.

If there isn’t a college nearby, you could set-up a table at a local flea market. You’ll have to rent a space, but flea markets are a good place to sell everything from used goods to collectibles. If the price is right, you can definitely unload everything you want to sell. Furthermore, thanks to technology like Square (and my company Due), you can accept credit cards and get paid online.

8. Buyback programs

If you unwanted gadgets, like smartphones or tablets, you can make some extra cash through buyback programs like eBay Instant SaleGazelleNextworth or BuyBackWorld. The price that you’ll receive for your used electronics will vary from program-to-program, so do a little homework beforehand to scope out how much you can get. Additionally, timing and quality of the gadget will also determine the final price. For example, a broken first gen iPhone is almost worthless, but a newer iPhone 5 or 6 should sell quickly at a fair price.

Here's to uncluttering our lives and having a little extra spending cash this holiday season!

Related: What Growing Up Broke in a Rich Neighborhood Taught Me About Business