Moving Soon? How to Make Some Extra Cash Before You Do (2024)

Moving to a new homecan give you a fresh start, but only if you don't bring along all the clutter from your old house. If you have items that you don't need anymore, find someone who wants to buy them. We recommend sifting through all your belongings before you move, not after.

There are multiple ways to sell your unwanted items, depending on what they are. For instance, several websites will buy your used electronics. Other sites will sell your gently used clothes and other items.

Moving Soon? How to Make Some Extra Cash Before You Do (1)

We'll explain how to get rid of unwanted items and make money along the way. For more moving tips, here are six tips for moving on a budget. Also, here's when and how to change your home address when you move.

Read more: Best Moving Companies of 2024

Get rid of items with Facebook Marketplace

If you'd like to sell your items locally to avoid shipping costs, Facebook Marketplace is a great place to list your things, especially if you have large or heavy items.

For instance, if you're trying to sell a couch you no longer need, people in your area looking for a used couch can see your listing. You can also share your listing with friends and family via your Facebook page.

There's also an option to ship items to distant buyers if you don't mind heading to the post office or UPS.

Moving Soon? How to Make Some Extra Cash Before You Do (2)

Try these sites for selling or trading electronics

Do you have several old phones and tablets taking up drawer space? It's time to sell them. Multiple places will buy your used electronics and you may make more than you think (yes, even that 10-year-old Android phone you've been holding on to).

Sell:

If you're interested in moving up to a newer device, you can also trade in your old one. It still rids your house of clutter while getting you an upgraded phone or tablet.

Trade:

Check out our full list of thebest places to sell your used electronics.

Sell your gently used items here

If you've got gently used clothes, shoes, handbags, jewelry, video games or even nice dinnerware that you no longer need, consider selling them online. You can use one of the apps below to sell your items. Note that these companies will take a commission for everything you sell.

Poshmark: This online marketplace takes a20% commission of what you make unless the item you're selling is under $15. In that case, it takes a flat fee of $2.95.

Mercari:As of March 2024, Mercari has removed all its seller fees, so you'll get more of your earnings than in the past. You'll just need to pay a $2 ACH fee when you transfer the money to your bank account.

Depop: When you complete a sale on Depop, the site takes a 10% commission fee.

eBay: The selling fees at eBay depend on the category of the item you're selling and its price. Most categories incur a 13.25% fee for the first $7,500 of a sale and 2.35% on anything more than that. Items like watches and women's handbags start at a higher 15% rate, while musical instruments start at 8%.

Moving Soon? How to Make Some Extra Cash Before You Do (3)

Have a yard sale to declutter before you move

Have a hodgepodge of things you'd like to get rid of? You can plan a yard sale on the weekend. It's a good way to get rid of multiple items at once without worrying about fees or spending money on shipping supplies.

Pick a sunny weekend to showcase your belongings and make sure to advertise online and with signs around your neighborhood. Also, be willing to negotiate on the price of some items and offer BOGO deals to get rid of more items. For instance, buy three shirts, get one free.

If all else fails, donate your stuff to charity or neighbors

For anything you're unable to sell but also don't want to bring with you, donate it. While large centers like Goodwill are good options for your unwanted things, you can also try reaching out to homeless shelters and schools to see if they're accepting clothes or books.

Again, you can use Facebook to give away your items, but be sure to mark them as "free." You can either post the free items to your homepage or list them for $0 on Facebook Marketplace.

The Buy Nothing Project is a "worldwide gift economy network" that enables giving stuff away for free. Focused on community groups, the free Buy Nothing app lets you donate your items to people in your neighborhood or across the world.

Need more moving tips? Here are the pros and cons of plastic moving boxes versus cardboard. Also, here's how to lift heavy boxes and furniture.

Moving Soon? How to Make Some Extra Cash Before You Do (2024)

FAQs

Moving Soon? How to Make Some Extra Cash Before You Do? ›

You can plan a yard sale on the weekend. It's a good way to get rid of multiple items at once without worrying about fees or spending money on shipping supplies. Pick a sunny weekend to showcase your belongings and make sure to advertise online and with signs around your neighborhood.

How to make money before moving? ›

Try these 8 items first:
  1. 1.Furniture. The most lucrative item you can typically sell during the moving process is furniture, especially if you have designer pieces in great shape. ...
  2. 2.Old electronics. ...
  3. 3.Clothes. ...
  4. 4.Toys. ...
  5. 5.Tools and Kitchen Items. ...
  6. 6.CDs, Movies, and Books. ...
  7. 7.Donations. ...
  8. 8.Used Boxes.

What should you sell before you move? ›

Easily replaceable furniture: A big, bulky sofa or bedroom set may be worth selling before you move. Clothes you don't wear: Get rid of anything in your closet that you haven't worn in a while or that no longer fits. Nonessentials: If you no longer need or use an item, it may be worth selling it before you move.

How do I sell my unwanted stuff? ›

36 Places Where You Can Sell Your Stuff
  1. Craigslist. One of the original online marketplaces, Craigslist (Craigslist.org) , is where you can sell used things. ...
  2. 2. Facebook Marketplace. Facebook Marketplace makes it easy to sell items in your local area. ...
  3. Amazon. ...
  4. eBay. ...
  5. OfferUp. ...
  6. Poshmark. ...
  7. Etsy. ...
  8. thredUP.

Is $5,000 enough to move out? ›

The answer depends on various factors, such as your location, lifestyle, and personal circ*mstances. While $5,000 can be a good starting point, it's crucial to have a clear understanding of the costs associated with moving out and living independently.

Is $4000 enough to move out? ›

In general, you should have at least three months' worth of living expenses saved up as emergency funds just in case something unexpected happens during your move. For example, if you're planning on renting an apartment for $1,200 per month, then you'll need about $4,000 in savings before moving out.

What is the 50 30 10 rule for selling? ›

The general rule of thumb for pricing is 50-30-10: NEW, unused items = 50% of their retail cost; SLIGHTLY USED items = 30% of retail; and USED items = 10% of retail. Have a calculator handy for totaling up purchases.

What's a good amount of money to have before moving out? ›

Experts advise having three to six months' worth of basic living expenses stashed away (a high-yield savings account can work well). Figure out what that amount would be with the housing costs you expect to pay, and begin saving. Even $25 or $100 a month is a good start to get that layer of protection going.

What is considered a high value item when moving? ›

Common items which may have extraordinary value include works of art, crystal, china, antiques, paintings, sterling silver, figurines, high-end bicycles, precious metals, semi-precious stones or gems, oriental rugs, furs, rare collectible items, computer software programs or rare documents.

How can I sell a bunch of stuff fast? ›

“I would use Facebook Marketplace for furniture, clothing and shoes, outdoor items and large items. For more unique items like collectibles, eBay is the way to go.” Most items are easier to sell on a local site, like Facebook or Craigslist.

What is it called when you sell everything in your house? ›

Estate liquidation companies organize your household items and host estate sales—usually directly on the property—so the public can buy everything in your house and sometimes even the house itself.

What is the best place to sell stuff locally? ›

The Best Websites To Sell Stuff Locally
  • 1. Facebook Marketplace. It goes without saying that the Facebook is one of the best ways to sell items online locally. ...
  • Craigslist. Founded in 1995, Craigslist has been a leading website to sell locally for several decades. ...
  • OfferUp. ...
  • eBay Classifieds. ...
  • Swappa. ...
  • Nextdoor. ...
  • Vinted. ...
  • VarageSale.
May 6, 2024

Can I move out making $1,000 a month? ›

Living on $1,000 per month is a challenge. From the high costs of housing, transportation and food, plus trying to keep your bills to a minimum, it would be difficult for anyone living alone to make this work. But with some creativity, roommates and strategy, you might be able to pull it off.

How do I financially prepare to move? ›

How to Financially Plan for Relocating
  1. Develop a Budget. A good relocation plan starts by looking at how much you have to spend, the costs of the move, and any financial help you'll receive. ...
  2. Research the Costs. ...
  3. Decide What to Do With Your Furniture. ...
  4. Put a Roof Over Your Head. ...
  5. Maximize Tax Breaks.

How do I make money so I can move out? ›

Let's explore the 7 steps that will enable you to save money and turn your dream of moving out into a reality.
  1. Create a personal budget. ...
  2. Pay off debt. ...
  3. Open a savings account. ...
  4. Increase sources of income. ...
  5. Cut down on unnecessary expenses. ...
  6. Build up your credit score. ...
  7. Stick to your plan and stay motivated.
Oct 27, 2023

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