3 Ladies Thoroughly clean Their Closets In Hopes of the Money Pay off

They are a fixture in each and every house - closets full of the garments we had to acquire, but nevertheless have still to have on. A few Women Thoroughly clean Their Closets In Hopes of the Hard cash Pay back There are closets that are basically a retail outlet, with merchandise retained in every size, just in the event. And afterwards you can find people closets stuffed with the light denims and michael kours uk fringe jackets within the '70s since you never understand what could come back in model. The great news? These underused, overstuffed closets could possibly be turned around from clothing chaos into cash for yourself. Simply click here for guidelines on turning junk-drawer finds into cold really hard cash! "You don't have to have designer, luxurious objects with your closet," Karen Bard Sayah, Manner PR & Social Media Managertrend expert for the online shopping site eBay, told "Good Morning America." "Designers that we all know and love sell really well on eBay," Bard Sayah said. "Things from stores like the Gap and JCrew, they really hold their value." To see just what kind of value everyday outfits can hold, "GMA" embarked on a closet challenge, inviting 3 females to open their closet doors to see what, if any, hidden treasures could be buried among the piles. The first woman to try our closet challenge on for dimension was Cathy Breck, a pregnant mother of one whose closet in her Old Greenwich, Conn., home, we discovered, was a reflection of her optimistic personality and brimming with pre-pregnancy clothing she hoped would one day fit again. Getty Images A woman looks through her closet in this... View Complete Measurement Turn Junk into Dollars: 'GMA' Fans Income In Watch Video Unclaimed Money Found From Deceased Relatives Watch Video How to Find Unclaimed Income Watch Video "I mean, I want to save it, I think I'm going to get into it," she said with the size-6 shirts, pants and dresses that filled her closet walls. "But the reality is I you should not think I'm getting into half these clothes." As Breck's closet contents were revealed, we discovered her closets were also basically a designer outlet, packed with high-end labels from Michael Kors to Tory Burch Sale. "One of the most popular brands on eBay for bags is Tory Burch Shoes," Bard Sayah said. "A bag like this can go for upwards of $175," she said, pointing to just one with the bags buried at the bottom of Breck's closet. Through the designer outlet hidden in Breck's closet, we headed to the Farmingdale, Long Island, home of Denise Cavrell and discovered her closet was really not a closet, but an entire basement full of old outfits. "I'm thinking how many garments can one person possibly ever use?" asked Denise's husband, Paul, with the clothes accumulation he was ready to see leave his residence. But Denise found it harder to part with her old merchandise, a common problem that leads to closet overload instead of chilly tricky income. "This was my prom dress," Denise said, pointing to a gold lame number. "You know, I hate to part with this mainly because I have superior memories." Once Denise got past her memories, she got to work, pulling out a dress, designer suits and afterwards, from your very back again of her closet, old maternity clothes through the popular "Mimi Maternity" line that could be her big payoff. "Someone sold her maternity lot for $405 dollars," Bard Sayah said of the previous seller on eBay who sold all her old maternity apparel on the site as one package instead of listing them each individually, a smart way to raise the items' value. The final leg of "GMA's" closet challenge led us to the Riverside, Conn., dwelling of Elizabeth Barth, a former Wall Street power broker whose closet was filled with old 9-to-5 power suits she experienced traded in for more "play-date" friendly gear. "I never michael kors outlet dress in a suit, ever," Barth admitted michael kors outlet online as she looked at what was taking up all the space in her closet. "So, goodbye suit." Barth also managed to dig out, and say goodbye to, more casual clothes, from a pair of JCrew wedge sandals to pants and even a cowboy hat, that she knew were past their prime for her model, but could possibly earn her income. Bearing bags and bags of clothing pulled with the closets of our three challenge contestants, we arrived at the front door of the New York outpost of Buffalo Exchange, one of the country's biggest "buy-sell-trade" chains. Bree Turnier,the manager of the Buffalo Exchange retailer in Williamsburg, Brooklyn, told "GMA" the chain looks for the three "Cs" of clean up, current and good condition when deciding which goods to buy and determining their value. "We take all labels and all price ranges," she said. Most importantly for your wallet, the shop offers the individual seller 30 percent of what they would sell it for in the retail store. "You get the money to take home with you that day," explained Turnier with the store's day-of, money return policy. The money that "GMA's" a few closet contestants took household with them that day from Buffalo Exchange alone range up to more than $200, including $153 for Breck's designer duds, $52 for Cavrell's sentimental outfits and $46 for Tharp's power suits. And what didn't make the cut at Buffalo Exchange could even now be sold at another popular "buy-sell-trade" chain such as Plato's Closet, with stores in more than 300 cities, at a consignment retailer like Goodwill or Salvation Army, or on eBay, where it's free to list and sell goods. Just like with a new product, there are key ideas for marketing your used outfits to get the highest bidder: The key phrase is "GENTLY WORN." Everything should be in great condition- no stains, deodorant marks, or holes in the clothes if you want to see them sold. Presentation is key. Make sure the clothes you're selling are wrinkle-free with the buttons buttoned and zippers zipped too. Keep your sales IN SEASON. For summer, feature your swimsuits, sundresses, sandals and sunglasses. Then, look ahead to next season and start gathering fall products like sweaters, coats and scarves to sell in August. Watch current trends. Places like Buffalo Exchange and eBay want what's hot now- bright colors, neutrals, patterns and slim cuts, for example. And never forget to look ahead to what's trending for fall. Mall brands are easy sells. JCrew, Gap, Ann Taylor ... anything recognizable is popular on the resale market. The classics have longevity. Vintage does well if it's a timeless cut, color or brand. If you have extremely dated clothing with out of model cuts they will not sell. Summertime is selling time. Summer is a great time to sell on eBay as people are starting to think about back-to-school looks for less Package your picks. Maternity, baby and kids clothes can be bundled for each stage and sold in lots. Do your research. Check out the websites or call "buy-sell-trade" stores and see what they are in the michael kors canada market for now. eBay has developed its own "Fashion Guide," for example, that helps sellers know what's in high demand and what sells for top prices. With those recommendations in mind, we described our contestants' remaining closet finds to Bard Sayah to see what kind of interest she though they could garner on eBay, and here's what she said. Remember the brand new, brown leather Tory Burch Handbags Cathy Breck found buried under the pre-pregnancy garments in her closet? Bard Sayah estimates the good condition and high-end name on the bag could fetch up to $400 on eBay The maternity garments buried in Denise Cavrell's basement may be bundled together and sold as a lot for as much as $200-$300, and her Tahari business suits could get $120, for a total of more than $400 income for Denise. And the power suits that worked for Elizabeth Barth on Wall Street but not at dwelling in Connecticut? Her hot pink Giorgio Armani suit jacket could go for as much as $125, Bard Sayah estimates, while her Ann Taylor suits could fetch $90 each. And after all your difficult work cleaning your closets and selling your goods is done, do not forget an extra, final step that could earn you even more money occur tax time. Tell Uncle Sam to "Show me the money" occur tax time by claiming the charitable tax deduction. From your donated merchandise, you can deduct the "fair market value" - the price a buyer would be willing to spend for them. If the merchandise you've donated is worth less than $500, you simply list the amount on your 1040's Schedule A. If you report donations worth more than $500, you really need to fill out IRS form 8283. Listed here you will really have to identify and value the goods - noting when you bought them, approximately, and how much you paid for them, also approximately. For any item worth more than $250, you need a receipt through the charity. And for any single item worth more than $5000, it's necessary to get an independent appraisal.