When we de-clutter our lives, we are often faced with figuring out how to give our items a second life.
For high-quality, gently-used clothes, consignment can be a great way to let them spark joy for someone else, while also giving you a little cash back for those investment pieces that you still need.
How much cash back exactly?
Think about the rule of thirds. If you’ve purchase something for $99, the consignor will usually sell it for a third of that, or $33. You’ll get roughly a third of what they sell it for, or $11.
If you have lots of high-quality clothes to consign, this can add up. If you only have a few items, it may not be worth your time.
Since consigning your items can be time-consuming and consignment shops are usually very choosy, it’s important to know your options and choose wisely.
There are many options, either online or in physical stores. Regardless of the option you choose, it’s important to note the following:
Clothes should be clean and free of stains, pilling, or tears.
Clothes should be from a name-brand and usually they must be 2-5 years old.
Online Options
ThredUp
ThredUp will send you a clean-out bag that you can fill and send in at your convenience. When thinking about what items are sellable, they suggest that you ask yourself the question: “Would you give this to your best friend?” They accept only about 40% of items that are sent in. They will donate the items that are not chosen for consignment.
Poshmark
With Poshmark, you snap a few quick photos of your items and then post them for sale online. You’ll get bids and offers, and then ship the items directly to the buyers. It’s important that the item be name-brand and in excellent condition.
The RealReal
The RealReal is for your highest-end luxury items. Think items priced at hundreds of dollars. They offer several options for how to get your items to them.
In-Store Options
Greene Street
Greene Street has several locations. They will review your items quickly (usually in less than 10 minutes), tell you which items were accepted, and then you’ll receive a check in about 90 days. It’s important to note that they must accept at least 10 items at a time. So, if you go, make sure you go with a bagful, and not one or two items.
Clothes Mentor
Different from Greene Street, Clothes Mentor will take much longer to review your items and they’ll give you cash on the spot. They give priority to those stay in-store while their items are being reviewed, but even then, it can take an hour or more. They do not have a minimum number of items that they must accept.
Independently-owned consignment shops
There are many independently-owned consignment stores available. They often have more flexible requirements and a more personable experience. Magic Threads Consignment in Media, PA is owned by personal stylist Catriona Whitehead, so she brings the best of her clients’ fashion right to you.
As you can see there are many options for finding a second life for your clothes. Just make sure that you review the guidelines carefully before beginning.