How to Turn Your Closet Into Cash

ABC News Blogs

Where you see old, tired clothes in your closet, Tracy DiNunzio sees cash, and lots of it.

DiNunzio is the CEO and founder of Tradesy, one of the newest and, according to DiNunzio, easiest options on the Web to cash in on the clothes you're ready to get rid of.

READ MORE: Update Your Wardrobe for Free

The Los Angeles-based Tradesy takes care of what the site calls the "messy bits" of online commerce - the payment, shipping and handling and return - so that all you have to do is take photos of your clothing, post the photos online and set a price.

DiNunzio appeared on " Good Morning America" today to show just how easy it is to swap your clothes for cash. The Tradesy founder says these seven tips will make sure you get the most bang for your clothing buck.

1. Shop Like You Are Making An Investment. Recognizable, popular brands like J. Crew, Coach and Abercrombie & Fitch sell best on Tradesy. Buy items from designers other women know and love, and you'll be able to sell them easily on Tradesy when you're ready to part with them.

2. Stick With the Classics. It's smart to invest in pieces that are made to last and not too trendy, which will make them easy to resell. If you want trendier items, buy from less expensive retailers, or on Tradesy, since you'll likely only wear them for a few months.

3. Organize Your Closet. Separate your closet into sections - things you wear frequently, and things you don't. When an item is sitting in the "not worn" section for more than three months, it's time to list it on Tradesy so you can earn money to put toward something you'll get more use out of.

4. Keep Your Wardrobe Clean and Fresh. Certain stains, like white wine, are not immediately apparent but will set and show later if you don't clean them immediately. Keeping your clothes in great condition will help them sell faster on Tradesy.

5. Photograph Well. When you photograph your items to list for sale, make sure they're wrinkle-free. Hang them straight on a hanger and take photos of multiple views, like the front, back, side, hem and label. We'll clean the backgrounds off your photos and make them look pretty, but it's up to you to take clear photos that will help your item sell.

6. Set a Realistic Price. You can charge whatever you want for your fashion treasures, but pay attention to the suggested price that Tradesy recommends when you list your items for sale. We have a lot of information about what people will pay for different fashion pieces and adhering to our pricing suggestions will help your item sell faster.

7. Check Your Competition. Make sure you check what other Tradesy sellers have for sale in their closets. That way you can use your earnings from selling on Tradesy to get more fabulous fashion at up to 90 percent off.

Click HERE for Tips to Spice Up Your Style Without Spending a Dime

View Comments (5)

Recommended for You

  • Bobbi Kristina Brown's Body Taken to New Jersey Cemetery Where Whitney Houston Is Buried

    The body of Bobbi Kristina Brown was taken to Fairview Cemetery in Westfield, New Jersey on Monday afternoon, the Associated Press reported.The 22-year-old will be buried next to her mother, Whitney Houston.According to the AP, the casket arrived at Newark Liberty International Airport earlier this…

    Good Morning America22 mins ago
  • Gisele Bundchen Wishes Tom Brady Happy Birthday in a Super-Sweet Instagram Post

    Tom Brady turns 38 today, and Gisele Bündchen marked the occasion on social media.The supermodel shared a photo of her and Brady kissing in the sea, with their children on their shoulders."Happy birthday my love! We're so blessed to have you in our lives," she captioned the shot. "Thank you for…

    Good Morning America30 mins ago
  • Baseball Team Mourns 9-Year-Old Bat Boy Who Died After Being Struck by Bat

    Players on a Kansas baseball team are mourning the tragic death of Kaiser Carlile, their 9-year-old bat boy, who died after he was accidentally struck by a bat during a game. "Kaiser will always hold a special place in my heart," Brady Cox, one of the players with the Liberal Bee Jays summer team…

    Good Morning America30 mins ago
  • Hunter Hayes Sends Video Serenade to Fan With Terminal Cancer

    Hunter Hayes has recorded a special performance of his song, "Invisible," for a fan from Maryland he calls "a rock star" and one of the most inspiring human beings he has ever come across.Her name is Erin Catterton and she's facing terminal cancer at 22-years-old.Since Erin is a huge Hayes fan, her…

    Good Morning America37 mins ago
  • See Today's Top Bargains on Tents

    We've got top brand tents at amazingly low prices at Calibex. Find an incredible selection for much less!

  • Artist Makes Incredible Edible Oreo Art

    Milk’s favorite cookie is also one artist’s favorite palette.

    Good Morning America
  • Amy Schumer Joins Sen. Chuck Schumer to Push for Gun Control Legislation

    Comedian Amy Schumer is joining forces with her cousin, Sen. Chuck Schumer, to push for new gun control legislation on Capitol Hill. For Amy Schumer, the subject of gun violence and mass shootings became "extremely personal" last month, when John Russell Houser opened fire in a movie theater in…

    Good Morning America
  • Elderly Virginia Woman Finds Intruder Lying Next to Her in Bed

    An elderly woman thought the unexpected guest in her bed Sunday morning was her dog, only to find it was a stranger."I said, 'Cooper, what are you doing in my bed at this time of night,' and I held my hand up to smell my hand and then I realized that it was somebody," Reba Shook told WTVR.Shook, an…

    Good Morning America
  • Is Drew Barrymore Done With Acting?

    These days, you're more likely to catch Drew Barrymore promoting her beauty and accessories empire, Flower, than appearing in a role on the big screen. "Flower has changed my life because it lets me be a mom the way I want to be and I still get to do something meaningful and think about girls and…

    Good Morning America
  • Caitlyn Jenner: We Have to Make Things Easier

    This article is part of an on-going original series written by Caitlyn Jenner for WhoSay called "The Real Me,” which explores issues and people in the LGBT community. Carrie: I am a trans ally, with quite a few friends who are trans.

    Good Morning America
  • Valerie Harper Says 'I Am Not in a Coma'

    Valerie Harper updated fans on her health status this weekend and shot down reports that she was in a coma."My dear friends and fans! As always, thank you for your amazing support. I am happy to report I am not, nor have I been, in a coma," she wrote Saturday on her Facebook page. "As anyone who…

    Good Morning America
  • Memphis Cop Killing: Suspected Gunman Added to Most Wanted List

    The man who's at-large after being accused of killing a cop in Memphis this weekend was added to the Tennessee Bureau of Investigation's Top Ten Most Wanted List. The suspect, 29-year-old Tremaine Wilbourn, is considered to be armed and dangerous, police said. Saturday night, Memphis police…

    Good Morning America
  • Gwyneth Paltrow Distances Herself from 'Conscious Uncoupling'

    Gwenyth Paltrow is distancing herself from the eye-brow raising phrase "conscious uncoupling" -- used last year to describe her split from hubby Chris Martin, according to a new interview. "When I announced that I was separating on the website, [Goop editorial director Elise Loehnen] titled the…

    Good Morning America
  • 2nd US Doctor Accused of Illegally Killing Lion in Zimbabwe

    A second U.S. doctor is accused by Zimbabwe officials of illegally killing a lion. Zimbabwe's National Parks and Wildlife Management Authority accused Jan Casimir Seski of Murrysville, Pennsylvania, of shooting the lion with a bow and arrow in April near Hwange National Park, without approval, on…

    Good Morning America
  • Feds Deploy Agents to Fight Baltimore's Record Slayings

    Federal agents have joined with Baltimore police as part of a wide-reaching effort to curb the recent violence that one expert says appears to be modeled on Los Angeles’ response to the 1992 riots. The effort, launched today, involves personnel from the FBI, the Bureau of Alcohol, Tobacco,…

    Good Morning America
  • Inside Ciara's Visit to Russell Wilson's Training Camp

    Ciara brought her son, Future Zahir Wilburn, to training camp to hang with her boyfriend Russell Wilson and absolute adorableness ensued.The pair, who have been dating since earlier this year and are opening about their abstinence, first embraced with a little kiss, then the singer's 1-year-old…

    Good Morning America
  • Ice T and Coco Reveal Their Baby's Sex

    Ice T and Coco just revealed the gender and name of their first child together.On their talk show "Ice & Coco," the couple said they are having a girl.Read: Rapper Ice T and Wife Coco Expecting First Child Together"It's a girl," the rapper, 57, said. "Already got a name ... the girl's name is…

    Good Morning America
  • Pinterest-Worthy Dorm Rooms for the Non-Crafty in 5 Easy Steps

    Decorating a dorm room, especially for a college freshman, is all about making it feel like a home away from home. Teaming up on dorm room decorating is a great way to find common ground those last few weeks. But in the era of Pinterest, a bed in a bag and a poster of John Belushi from animal…

    Good Morning America