Whatever you reasons are for selling offline, we are here to share our 4 smart ideas for selling your stuff offline...and one really dumb one.
There are several reasons why you may choose to sell you stuff offline instead of online.
Maybe you have a huge amount of items to sell and don't want to deal with managing 100's of online sales. Perhaps the items, like furniture and antiques, are difficult to pack and ship. Or maybe the seller isn't comfortable with the technology of selling online.
READY TO LEARN THE 4 SMART IDEAS FOR SELLING YOUR STUFF OFFLINE? READ ON!
1: Consider COnsignment Shops
Contacting local consignment shops about selling your items is a great option, but there are some drawbacks.
Consignment shops generally are interested in good-condition furniture, antiques, and home décor. Always call the shop before hauling your items there to see if they are accepting new product. Sending pictures ahead of time is highly recommended.
If you enter into a contract with the consignment shop, they will handle the set-up, pricing and (usually) the remnants. You will receive your payment from them anywhere from 90-120 days.
Some drawbacks you may want to consider:
2: Think about Yard or garage sales
If you have a lot of items (of varied quality) to sell, having a yard sale may be right for you. The biggest benefit of a yard sale is that you keep 100% of the profits.
There are a couple key points to having a successful yard sale:
On the downside, yard sales can be a tremendous amount of set-up and tear-down work. Be ready to haggle: negotiating is part of the yard-sale culture. Be sure you have an “exit strategy” to discard or donate items that don’t sell.
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3: HOw about an estate sale
If you have an entire house (and garage, attic and/or basement) of things to sell, running your own weekend-long estate sale is an option.
Just like yard sales, it is vitally important to advertise as much as possible. The more traffic you have at your sale, the better your chances of selling things are.
Items should be displayed in an easy-to-shop way and clearly priced. Be ready to help customers haul their purchases out of the house.
Estate sales generally follow a structured price-reduction schedule (e.g. full price Friday and Saturday afternoon, 25% off Saturday night, 50%-75% on Sunday.). Be sure your customers are aware of how your sale is running to avoid problems.
4: Try contacting Jeweler or certified appraiser
Don’t assume jewelry, fine collectibles and gold/silver are fakes or junk! You could literally be throwing money in the garbage.
Research reputable jewelers or certified personal property appraisers in your area and have them review the items. They may be able to connect you with buyers for valuable items.
Any fee you pay to an appraiser is worth saving you the heartache of accidentally throwing away a treasure.
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The dumb idea? pawning your valuables
The one advantage of selling your valuables to a pawn shop is that you get cash quickly. However, you pay for that desperation.
Chances are that an item you sell to a pawn shop will only get you 25% of the item’s value. You are far better off selling your items anywhere else. Don’t let reality TV shows give you the idea that you’ll make a great profit at a pawn shop.
Remember, if you sell your item to a pawn shop, they have the right to sell your item.
You are ready to sell your stuff offline!
Selling your stuff offline can be a great idea if you have a large number of things to sell in a relatively short time frame.
Consigning, yard sales, and estate sales are a fair amount of work for you, but you’ll see cash in-hand fairly quickly.
Be sure to have a reputable jeweler or certified appraiser review items before throwing them out.
Professional Disclaimer: The ideas, recommendations, and opinions on this website, blog, and made in person are for educational and entertainment purposes only, and should not be considered legal, financial, or medical advice. I am not an attorney, doctor, or licensed financial professional. Sage Organizing Co., LLC is not liable for any losses or damages related to actions or failure to act related to the content of this website, blog, or in-person discussions. If you need specific legal, financial, or medical advice, consult a professional in your area.
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