Consumer Reports Reveals The Best Ways To Make Money On Unwanted Stuff

How to decide on where to sell furniture, artwork, clothing, collectibles and more; Plus, what consumers can do when they can’t make a sale

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend

Consumer Reports September 2014 Issue

You may be tempted to toss unwanted stuff in the trash,” said Mandy Walker, senior project editor for Consumer Reports. “But its important to carefully sift through these items, there may be treasure lurking that could put some extra cash in your pocket.

Yonkers, NY (PRWEB) August 04, 2014

Many basements, attics, and garages are bursting with unwanted possessions and their owners may be surprised by how much they can make by selling them. Consumer Reports has put together a comprehensive guide to help consumers get the most money for their stuff that includes information on where to sell items, when to get them appraised, and what to do when selling efforts are unsuccessful.

The full report, “Sell Your Stuff” is featured in the September 2014 issue of Consumer Reports magazine and is available at http://www.ConsumerReports.org.

“You may be tempted to toss unwanted stuff in the trash,” said Mandy Walker, senior project editor for Consumer Reports. “But its important to carefully sift through these items, there may be treasure lurking that could put some extra cash in your pocket.”

Before deciding where to sell their stuff, Consumer Reports says consumers must determine if any of the items are valuable, say, $1,000 or more, by looking up similar objects in reference books or on websites for collectors. Valuable items may be worth getting appraised.

Next, choose a selling venue that makes the most sense: auction house, consignment shop, website, or yard sale. Consumer Reports outlines which venues consumers should try first based on condition and value for a variety of goods including furniture, artwork, sports and exercise gear, clothing, musical instruments, collectibles, jewelry, electronics and appliances, and housewares.

Despite best efforts, sometimes attempts to sell unwanted possessions are unsuccessful. Consumer Reports outlines the steps people need to take to ensure any items they donate to charity qualify for a tax deduction.

For more information on selling unwanted stuff, check out the September 2014 issue of Consumer Reports, on newsstands now or online at http://www.ConsumerReports.org.

— 30 —

AUGUST 2014
© 2014 Consumer Reports. The material above is intended for legitimate news entities only; it may not be used for advertising or promotional purposes. Consumer Reports® is an expert, independent nonprofit organization whose mission is to work for a fair, just, and safe marketplace for all consumers and to empower consumers to protect themselves. We accept no advertising and pay for all the products we test. We are not beholden to any commercial interest. Our income is derived from the sale of Consumer Reports®, ConsumerReports.org® and our other publications and information products, services, fees, and noncommercial contributions and grants. Our Ratings and reports are intended solely for the use of our readers. Neither the Ratings nor the reports may be used in advertising or for any other commercial purpose without our permission. Consumer Reports will take all steps open to it to prevent commercial use of its materials, its name, or the name of Consumer Reports®.


Contact

  • Melissa Valentino
    Consumer Reports/ ShopSmart
    +1 (914) 378-2432
    Email