Sell or donate? Here's how to decide. - ClearSpace
15887
post-template-default,single,single-post,postid-15887,single-format-standard,bridge-core-3.1.2,qi-blocks-1.3,qodef-gutenberg--no-touch,qode-page-transition-enabled,ajax_fade,page_not_loaded,,qode-child-theme-ver-1.0.0,qode-theme-ver-30.1,qode-theme-bridge,wpb-js-composer js-comp-ver-7.1,vc_responsive
 

Sell or donate? Here’s how to decide.

Sell or donate? Here’s how to decide.

You’ve done it. You’ve decided to de-own an item and say goodbye to it. What next?

Well, it’s another decision – sorry! You need to decide next on what you’re actually going to do with the stuff. There are a few options that can be simplified into:

  1. Sell
  2. Donate
  3. Recycle or landfill

If you’ve decided it’s too good to toss, you’re down to two options – give away or sell. Sometimes it’s an easy decision. If the item is worth thousands then yeah, you don’t have to agonise too much. But what if it’s maybe worth something but you aren’t completely sure and need to figure it out?

There are two things to consider when deciding whether to sell or donate. The first is how much time you have, the second is how much money you have (or need).

  1. If you have time but no money

    Selling stuff takes a lot of time and effort. There is research to be done, people to call, photographs to take, things to upload, people to message, space to find to put the stuff in the meantime … it’s a fair amount of work.

    However, if you have the time and need the money, selling privately via Facebook groups, special interest groups, specialty dealers etc WILL be worth it financially. You could also try a Garage Sale or a car-boot sale too.

  2. If you have money but no time

    Honestly – just donate it all. Call a charity and have them come and collect it in one go. It’s fast and it’s easy. Not to mention good for the charity that receives it!

  3. If you have money and time.

    Donate it, but go the extra mile and find small, specialty charities that the stuff goes directly to those in need. It’s very satisfying to know your stuff is going to be well used and appreciated. Ask your friends for their favourites and curate a list that suits you and your passions (and the stuff you have!).

  4. If you have no money and no time

    Try an auction house – you just have to pack it all up and get it there, and they do the rest (they take commission for their trouble but you still get around 75% into your bank account). Or you could hire someone (a student, family member, someone on Airtasker) to sell the items on your behalf for a cut.

If you’re still on the fence, ask yourself if the stress is worth it. Is losing $50 of potential sales worth it for the shorter to-do list on the weekend? Look at it like it’s an investment in your mental health. That’s like spending $50 on therapy!