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How to get the most money for your old iPhone, Ikea plates, and clothes, according to resale experts – Grow from Acorns + CNBC

Purging your home of that coat you haven’t worn in years, those books you’re never going to read, or the food processor that’s still in the box can be a cathartic experience. But it can also result in a bag of odd-and-ends and one n…….

Purging your home of that coat you haven’t worn in years, those books you’re never going to read, or the food processor that’s still in the box can be a cathartic experience. But it can also result in a bag of odd-and-ends and one new bullet point on your to-do list that reads “sell stuff.”

Selling your unwanted things can be time-consuming and not always worth it, depending on the items.

However, if you sell them on the right platform at the right time, you can make some money, says Byron Binkley, founder of Sella, a service that will sell your used items for you on marketplaces like Craigslist, eBay, and Facebook. “If people can take the time and really get over the friction it takes to sell things, they should do so sooner rather than later,” he says.

Here’s where you can get the most money for your clothing, homewares, small appliances, and tech gear.

Laptops and other tech

Selling tech items in early spring is smart, Binkley says.

“It’s a great time to unload gadgets and electronics that may have been replaced over the last six months during the holiday season,” he says. “They depreciate quickly. That value just vanishes into the ether.”

Even if the gadget you want to sell is a bit older, you can probably still sell it for a decent price, he adds. “By and large the value [of old tech gear] extends beyond what people think,” Binkley says. “People think a four-year-old laptop or iPhone is not worth it [to sell], but it is. They should definitely sell those.”

To get the most money for an old laptop, iPhone, or pair of Bluetooth headphones, list them on eBay or Mercari, he says. Items like this are sought after and don’t cost a ton to ship.

Listing them yourself will net the most cash, agrees Kristin McGrath, shopping expert for RetailMeNot.

Keep in mind there are still fees. Fees on eBay vary by category and final price: For laptops it takes 10% plus 30 cents per order. Mercari also has a fee, typically around 10%, depending on the item and payment method.

If you don’t want to take the time to do this, you can use trade-in programs. “Amazon, Apple, Samsung, and Best Buy all have trade-in programs meant for recycling and saving on your next tech purchase,” she says.

Before you sell a tech item, remember to wipe your data, she adds. “For any tech item you plan to sell, you should wipe the hard drive of any data or personal information that may still live on the device, …….

Source: https://grow.acorns.com/how-to-resell-tech-home-goods-clothes/

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