Cleaning Your Closet for Extra Cash

Written by Editor

Sunday, 16 November 2008 08:37

Cheryl Jackson has a shoe collection many women would die for, but the Plano woman is voluntarily parting with high-priced pair after pair. She's preparing to sell them to the highest bidder on EBay. Jackson says, "The holidays are coming up, you know with the economy going the way it is, if I have anything in my closet that can give me money and I don't have to spend money, that's ideal for me."

And for others, apparently. David Goldstein owns 3 "I Sold It" on Ebay stores. His business jumped more than 50 percent from October to November.

David Goldstein says, "People are trying to simplify their lives. They're trying to de clutter. They've much more conscious now of recycling things they're no longer using. Of getting rid of some of the excess. That's kind of what this economy is about. Getting rid of the excess."

Goldstein says a lot of people are bringing in items they want to replace this holiday season, like digital cameras or skis. Other people are simply, trying to cash in on the unwanted. That's Donna Vesel, a single mother who today became a first time Ebay seller. She says the few hundred dollars she hopes to get for her gold jewelry is already earmarked for bills. Donna Vesel says, "It seemed like a pretty good way to make a little bit of spending money and with the economy the way it is, you make your money the way you can."

Dona Vesel says she wouldn't know how to sell it herself on EBay. Cheryl Jackson doesn't want to. Jackson says, "If I were to do it myself, I would have to box it up, ship it to the person and take time to respond. I don't have time to do that."

Jackson says letting a professional do the heavy lifting is worth pocketing only 60 percent of the sales price. She says, "40 percent of what's sitting in here and 60 percent going in my pocket and I haven't done anything but handed them something that I wasn't going to use before.. Absolutely I'd do it everyday."

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