What Consignment Store Pays the Most in 2022?


Would you like to sell some of your belongings, such as clothes, accessories or other clothes? Then, one of the things you must find out is what consignment store pays the most and offer great value for what you want to sell.

If your items are worn out or too old, you can consider donating them to a charity organization. But if they are almost new, then you should try selling them at a local or online consignment store.

Online consignment stores make it easy to unload seldom used outfits while making money and this writing shows money, you how to find what consignment store pays the most to sell your items.

Why is it important to shop in consignment shops?

Clothing is one of the most important things on our spending list. Consignment stores are an excellent option for money conscious buyers.

There is a financially smart way to freshen up your wardrobe – by spending less while throwing away fewer clothes.

This is especially relevant if you have children. Since kids can grow out of clothes in no time, buying new clothes for kids can be so expensive. So, in consignment stores, you can find quality brands at a fraction of the cost.

Consignment stores work in several different ways, and each can be used to make money or store credit for your old, obsolete equipment. From maternity clothes to shoes and sports equipment to purses, there are consignment stores for almost all of your things that are still in good condition.

Read this ThredUP Selling Reviews 2022: Online Consignment Scam or Legit?

Why sell in consignment shops?

Consignment stores are a great way to sell your old clothes, furniture, children’s toys, and anything else you no longer want or need.

You can clean up your home and turn your belongings into cash at the same time – and what could be better than that?

If your drawers are heavy with clothes that you no longer wear (or if you have a child who will grow out of clothes faster than you can say “shopping”), consider taking things to consignment stores near you to sell.

When you have a couch or table that you no longer need, one of the most convenient ways to get rid of it is selling it at a consignment store.

Read this article; 8 Places Where You Sell Broken TV for Cash in 2022

What consignment store pays the most

Here is the consignment store that pays the most for your saleable items.

  1. Local consignment warehouse
  2. Poshmark
  3. eBay
  4. Plato’s Closet
  5. Beacon’s Closet
  6. Crossroads Trading
  7. Tradesy
  8. Buffalo Exchange
  9. thredUP
  10. The RealReal
  11. Vestiaire Collective
  12. Kidizen

1. Local consignment warehouse

There are consignment shops in parishes across the country. However, since they are consignment stores, they may not be particularly well known, at least when compared to large retail chains.

If you’re struggling to find a consignment store near you, check out the Showroom Finder.

On this website, you can find consignment stores for women’s clothing and accessories, furniture, children’s clothing and furniture, resale, and second-hand goods, antiques, and vintage and real estate stores in your area.

They offer profiles of more than 5,000 stores in all 50 states and Washington DC. And they specialize in around a dozen of the largest cities.

2. Poshmark

In the last few years, Poshmark has quickly become one of the most popular web platforms for selling programs.

As with all consignment transactions, but especially with online consignment transactions, you are primarily looking for “carefully used” clothing and accessories. You can both buy and sell on the website.

Poshmark is accessible through an app so you can buy and sell on the go. Additionally, it works more like a community where you can share ideas with other participants and even build a following.

They offer flat shipping for $5.95. This is a disadvantage for cheaper items, but a great advantage for larger orders.

Poshmark has a two-tier fee structure:

  • $2.95 for items under $15 or
  • 20% off items over $15.

Probably the biggest downside to this platform is that it is only available in the US.

3. eBay

If you can’t sell used clothing on Poshmark outside of the US, you can always contact eBay. The main advantage of eBay is the volume of traffic.

With every conceivable product on the planet being sold on the platform, this is an opportunity to give your items maximum marketing exposure.

And if you’ve ever sold anything on eBay in the past, you’ll already be familiar with how it works.

While traffic is a huge asset, competition is the main limitation. You need to make your entries stand out among the hundreds of others. This requires creating compelling headlines and adding lots of high-quality photos.

The pricing on eBay is simple. They charge 10% of the final sale price which gives you a bigger chunk of the sale.

4. Plato’s Closet

If you want a clean break from your clothes, then you should try Plato’s Closet. It is a chain of consignment stores with hundreds of stores in the US and Canada.

Instead of putting your items up for sale and then waiting for a buyer, Plato’s Closet pays you cash for your items.

Of course, they’ll be a huge discount on retail value. But it does give you the option of getting cash right away.

Note, however, that the chain is very selective. They only buy and sell carefully used branded clothing and their target market is teenagers and young adults between the ages of 12 and 24.

5. Beacon’s Closet

Beacon’s Closet is a very local chain with only four stores – all in New York City. But if you live in or near the Big Apple, this one might be well worth your time.

You can earn 35% selling your items, which is one of the more generous commission arrangements in the industry.

Even if you don’t live in the New York area, you may still be able to sell at Beacon’s Closet. This is because they offer both “mail sales” and “in-store sales”. In any case, you pay cash on the day you receive your items. The store donates any items it doesn’t sell.

6. Crossroads Trading

Crossroads Trading has 37 branches, mostly located in California, but also in New York, Chicago, Colorado, Dallas, Houston, Portland, Oregon, Seattle, and Washington DC.

They mainly buy current and trendy clothes and accessories for men and women that have to be in excellent condition. Articles must be branded and designer clothing. They can either be sold for cash or as trade credit.

Your items can be sold in four ways: in-store, on drop off, on shipment, and by mail. The email option allows you to work with this chain even if there is no store near you.

7. Tradesy

While Tradesy is barely a household name, it’s one of the biggest competitors in the consignment space, despite the fact that the company wasn’t founded until 2012. It describes itself as a “marketplace for women”.

The platform created a designer clothing marketplace that offers easy shipping options and allows you to set your own price for items that you sell.

The store goes beyond clothing. They also offer bags, shoes, watches, jewelry, and accessories.

You can also buy and sell wedding attire, including wedding gowns, wedding decorations, bridal jewelry and accessories, and outfits for grooms and groomsmen.

8. Buffalo Exchange

Buffalo Exchange is another major competitor in the consignment industry. They have business in 18 states across the country as well as Washington DC.

When you sell items through the chain, you receive a 30% cash commission. However, you also have the option of receiving 50% credit.

As with any other consignment retailer in this review, items must be carefully worn and given good quality labels. But it’s another store where you can just take your clothes to the store and get cash instantly.

9. thredUP

thredUP pays off as the largest online consignment and second-hand goods store. The website itself is a bit of a pain as you have to log in to navigate it.

They mainly sell items for women and children, including clothing, handbags, shoes, jewelry, and accessories.

Like Poshmark, they have a two-tier fee structure:

  • 5% off items under $ 15 or
  • Up to 80% off items over $ 300.

10. The RealReal

The RealReal pays up to 85% of the sales price of an item that is sold by mail. The company mainly deals with high-quality designer items such as women’s and men’s fashion and accessories, men’s sneakers, handbags, fine jewelry and watches, fine arts, and home decor.

You have stores in 20 metropolitan areas and you can choose how you want your items to be delivered for shipment.

You can either drop off your items at a local office, schedule a free home pickup, or ship your items directly with a free prepaid label.

Fees are paid to start at 40% for all items with an original resale list price of $145 or less. There are five tiers of fees in total, with 85% paid for watches with a resale list price of $2,500 or more.

11. Vestiaire Collective

Vestiaire Collective focuses exclusively on high-end brands and is making a name for itself as a location for used luxury goods. Also, it is one of the consignment stores that pay the most

The website is aimed at a global audience and works with a hybrid system that combines elements of a traditional consignment business with peer-to-peer sales.

Vestiaire Collective is best for women’s and men’s clothing, as well as bags and jewelry from luxury brands such as Coach, Prada, and Versace. High-quality vintage items and some lifestyle products are also accepted here.

Sellers post photos and descriptions of their items on the website for review. If approved, Vestiaire Collective will list them on their website and sellers will keep the clothes until they are sold.

12. Kidizen

Kidizen is one of Lynn’s favorite places to sell children’s clothing. The company, which has a website and an app, is not an online consignment business in the traditional sense.

Instead of sending items to Kidizen, sellers set up a virtual shop, take and upload photos of their clothes, and manage their own prices.

Kidizen works best with affordable baby, kids, and womenswear from brands like Gymboree, Gap, and LuLaRoe.

Conclusion

If you have a closet full of items that you no longer carry, now may be the time to re-evaluate your wardrobe.

Don’t let your clothes gather dust when you could sell them for cash at one of these top online consignment stores.

Whether you choose the online or the in-store route, there are tons of ways you can recycle your fashion and make extra money in the process.

Editor’s Recommendation




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