Buy it and sell it: 5 ways to make some extra holiday cash
Yes, having your own estate sale is a good way to make money for the holidays; but what if you don’t have a lot of stuff to sell? You can still make estate sales work for you by looking for sought-after items at local sales, then reselling them online for a quick profit. Here are five items with great holiday resell potential to help you see a little more green this holiday season.
Jewelry: Jewelry is, and probably forever will be, one of the most popular gift ideas for pretty much any occasion, and buying and selling costume or fine jewelry is a great way to turn a profit during the holiday season. Look for vintage pieces, classic watches, designer items or birthstone jewelry for the biggest “bang for your buck” and make sure any items you buy are in great shape. If it comes with a box, so much the better, but you can also get boxes from ebay and some dollar stores to increase the chances of a quick sale.
Game systems and video games: Not everyone is into the latest releases; in fact, today there are more people than ever before turning to vintage game systems and games. If possible, ask for a demonstration of the system to ensure it powers on and loads games. Even if a game system isn’t in pristine shape, it can still bring a good price among collectors and those who make a living fixing up and reselling systems.
Collectibles and collections: Buying and selling popular-to-collect items like action figures, sports memorabilia (Go Cowboys!), model cars, childhood toys from the 1970s through the 1990s, vintage fashion and, of course, Star Wars collectibles are all hot, and in pristine shape, these items can fetch top dollar. Doing a little homework and finding out which items are selling on ebay – and for how much – can help you develop a money-making strategy.
DIY items: If you’re handy with a paintbrush, estate sales can be great places to find furniture and other items that can be creatively restored with chalk or blackboard paint (Pinterest is your friend!), or offer to personalize items like jewelry boxes or children’s chairs through an ad on Craigslist.
Vintage holiday décor: Christmas ornaments, creepy-looking elves, glittery “Putz” houses and other decorations from the 1960s and earlier are hot right now. Even if you don’t sell them, they make great gifts and you can always use them in your own home and try selling them again next season. If you plan to sell on ebay (where you’ll get the best prices), buy early to leave plenty of time for shipping.
Even if your reselling plans don’t make you a fortune, you might still earn enough to offset those January credit card bills – and who knows? You might even discover a new career!