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New to Storage Auctions? / Re: Where To Sell
« on: February 03, 2012, 11:01:16 AM »
I don't know anything about furniture/household consignment, but I've consigned clothing for years and actually worked at a consignment shop in high school - you don't get typically get instant cash - but you usually get a lot more than you would at a yard sale or flea market. And it's so EASY - you just wash it and drop it off. Most clothing consignment shops price things at about 1/4 to 1/3 of retail, and you get 50% of the selling price. Most pay out once a month, some charge $1 or so if you want them to mail you a check instead of you picking it up in the store. Most will mark it down each month until it sells, and usually you can pick it up if it hasn't sold after a certain amount of time - but some just donate things after a while.
Most shops are pretty picky about what they take - it has to be in good condition (absolutely no tears or stains), fairly recent styles (but some take "vintage" too), some only accept certain brands/designers. If there's more than one in your area, check them all out - some tend to specialize in higher-end stuff and more "career" type clothes, some cater to a younger, trendier crowd with more mall-chain type name brands. The picky part does seem like a pain - and some can seem a little snooty as they are going over the things you bring in - but being picky does help them get higher prices which helps you in the end.
At the shop I worked at, we had one regular who was a yard sale fanatic - she would regularly buy things and bring them in. She was typically paying 25 cents to $1 per piece - when you figure our prices on even a basic piece were $6-$10, she was making a really good return on investment. She was actually one of our favorites - we could even let her know which sizes/styles we were running low on and she'd look for them. I'm sure any shop would be happy to tell you what sells best - they're making money when you do!
Not sure how much good clothing is found in storage, but if you like yard sale picking, I'd think it would be a great way to make a little extra money. When I cleaned out my closet after having a baby and leaving my office job, I took probably a garbage-sack bundle of clothes (nothing too expensive because I'm a bargain shopper!) and made about $225 within two months. Defintely better than a yard sale!
Most shops are pretty picky about what they take - it has to be in good condition (absolutely no tears or stains), fairly recent styles (but some take "vintage" too), some only accept certain brands/designers. If there's more than one in your area, check them all out - some tend to specialize in higher-end stuff and more "career" type clothes, some cater to a younger, trendier crowd with more mall-chain type name brands. The picky part does seem like a pain - and some can seem a little snooty as they are going over the things you bring in - but being picky does help them get higher prices which helps you in the end.
At the shop I worked at, we had one regular who was a yard sale fanatic - she would regularly buy things and bring them in. She was typically paying 25 cents to $1 per piece - when you figure our prices on even a basic piece were $6-$10, she was making a really good return on investment. She was actually one of our favorites - we could even let her know which sizes/styles we were running low on and she'd look for them. I'm sure any shop would be happy to tell you what sells best - they're making money when you do!
Not sure how much good clothing is found in storage, but if you like yard sale picking, I'd think it would be a great way to make a little extra money. When I cleaned out my closet after having a baby and leaving my office job, I took probably a garbage-sack bundle of clothes (nothing too expensive because I'm a bargain shopper!) and made about $225 within two months. Defintely better than a yard sale!