Where and How to Get Rid of Your Luxury Items
When a year ends and a brand new one starts, there is something in the air that makes us want to start fresh in all areas of life. It’s all about releasing the old and beginning anew. One of my favorite places to purge the old is my wardrobe, and I know many of my clients agree!
If you have clothes or accessories that no longer fit or just don’t appeal to you anymore, it’s a good time to release them. Some unwanted clothing can be donated, but what can we do with luxury items that have a higher value? A good option is to sell the items and get back some of your investment (if only to put it towards new items!)
So, where can you sell used luxury items? Glad you asked! Let’s go over a few great options for selling designer items. The good news is, you have plenty of convenient choices.
1. Take luxury items to a consignment shop near you
Typically, most consignment shops require an appointment before you bring in belongings. Some shops are pickier than others and don’t accept everything you bring in. However, if you have high-end goods, the odds are they will accept them if they are in good condition. Consignment shops will offer you a percentage of the sale when an item sells, often 50/50. The only effort you pay is dropping off the items, which is easy enough. Be sure to understand the store’s contract, so you know what to expect. If your items don’t sell, some shops allow you to take them back.
2. Try out resale stores
If you don’t want to wait to get cash with consigning, you can try taking high-end clothing, shoes, or accessories to resale shops instead. Here’s how it works: You bring your clothing and you will receive cash up front, which is different from traditional consignment stores. There is a sense of convenience here because you will leave with cash without waiting or risking the shop not selling your things. Another perk of resale stores is that they aren’t seasonal. Many consignment shops will take what’s in season right now, which might leave you with items you wanted to get rid of. Generally, these stores don’t require an appointment either, but each one will operate differently.
3. Online resellers are a popular choice
Here is an option if you want control over the items you are selling. However, it does come with more work. Generally, online selling requires you to take pictures of your items along with detailed descriptions so buyers know what they are getting. You may have to interact with buyers to answer questions or concerns. These websites safely process transactions and cash will become available to you once the buyer has approved of your items.
There are both upsides and downsides to these online used clothing shops. The upsides include control of your items, pricing, and a plethora of buyers. However, online options can be more time-consuming. The time it takes to list items and ship them can be a turnoff to some. There is also a bargaining culture that you may come across if buyers are looking for a cheaper price. Lastly, many websites will take a cut of your sales, depending on the platform, but this is similar to consigning.
Some popular reselling websites are ThredUp, Poshmark, Vinted, and The RealReal. Sites like ThredUp are less time-consuming because you can just send out your designer clothing and be done with the process, but keep in mind your payout will be lower. TheRealReal is similar to a high-end consignment shop but will require a bit more effort. One positive about online used clothing shops is that you will have potentially millions of eyes on your unwanted items. You may be able to easily sell things as there are tons of buyers looking for designer clothing at a discount.
Also, keep in mind that this can take time and you might want to update your items regularly to make sure to push them to the top of people’s feeds. You want your listings to be boosted and seen in buyers’ search results.
Wardrobe Purging with Professionals in 2022
Wardrobe organization can be overwhelming, especially if you aren’t sure what to get rid of and what to keep. If you’re busy, this can seem even more like a struggle. But, with the right person to help you, your wardrobe will be refreshed and ready for a new year!
Expert opinions, fashion industry experience, and no-nonsense standards are a must for your next wardrobe overhaul. Check out wardrobe styling at Lots of Luxe to see what we’re all about and how we can be of service in the new year. I’m looking forward to hearing from you!