Year-End Closet Cleanout: How to Make Cash from Your Clothes

Closet Consignment Tips

There’s something about the year drawing to a close that inspires a complete cleanout and overhaul for me. Maybe it’s the desire to start the year fresh and unload what no longer carries weight. No matter the reason, shedding some items always feels a bit relieving; it leaves me feeling lighter and ready to take on whatever comes next.

To bring this to a more practical level, I begin with my closet: shoes, tops, dresses, and accessories that have all served me well but are ready to find a new home. If this sounds like something you’re ready to do, you can try to make some extra money while you’re at it. If you’re in the holiday spirit, use the extra cash to make a donation to your favorite charity. Or, take the cash and fund next season’s outfits.

Closet Consignment Tips

Year-End Closet Cleanout: How to Make Cash from Your Closet

However you choose to approach it, consigning your closet items will definitely leave you feeling lighter. Here are 3 reputable online consignment shops to help you get started.

Like TwiceWith a clear list of accepted brands (and those that are not desirable), you’ll know exactly where you stand with Like Twice. Request a free selling kit that will arrive at your doorstep within 4-6 days and choose to be paid via store credit (with a 25% bonus) or choose check or PayPal. Though it’s very much like a consignment shop, this one isn’t technically in that category because they’ll pay you up front for accepted merchandise.

The Real RealThis is where you’d send any high-end, designer pieces including women’s and men’s clothing, accessories and jewelry. Simply sign up to receive a consignment kit with free shipping, or you can also schedule a free closet pick-up. Earn up to 70% of the selling price when you consign. Most items sell within 3 days.

ThredUpOrder a Clean Out Bag with free shipping both ways to fill it with women’s clothing, shoes, and accessories (they’re also taking children’s clothes now). With a wider range of accepted brands (not just high-end items), there’s a good chance of well-kept items being chosen for consignment. A clean-out calculator will help you estimate what you can expect to earn. Earn up to 80% of the selling price. You can choose to donate your profits to a charitable organization through them or cash out your earnings.

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