Category: Online Auction, Donations, Resaling

Consumer Savvy: Cleaning Your Home, To Give Back or Profit

Mustering up the motivation to clean, organize and downsize your household could be found in your bottom-line.

If you're at a loss of what to do with all those used clothes, toys and other household items, there's a way to profit from your organization. Resale shops, auction websites, consignment stores and not-for-profit charity drop-offs are hassle-free methods for profiting, giving back or claiming a tax deduction.

Resale Shops and Consignment Houses

With resale shops and consignment stores, you can profit up to 60 percent of the store's sales’ price. From store-to-store remuneration varies. For instance, certain stores offer cash up front. Others remit payment once the item(s) is sold.

At non-for-profit charity cloth drop-offs, remember to request a receipt for your donation to claim your tax deduction. Goodwill is a respected name in charity. From large item pick-ups to claiming a tax deduction, Goodwill’s site provides all the information you need and simplifies the process.

Online Auctions

Online auction sites such as eBay and Bidz are profitable methods of reselling your used goods. Since, auction websites are competitive, it's best to sell high demand products that ship easy. Remember to sell goods that are in sync with the season. Selling a lawnmower during the winter months will not assure the best profit margin.

Garage/In-home Sales

Another simple alternative to ridding your home of extraneous goods is the old fashioned garage sale. To ensure adequate foot traffic, ticker your neighborhood and surrounding area with ample garage sales signs.