Turn your clothes into cash! If you’re looking to make a little extra money to pay down student loan debt, make your mortgage payment, save for a vacation, or anything else, there’s definitely some money hiding in your own closet. In fact, financial experts say the average American has between $1,000-$2,000 in merchandise they can sellĀ right now.

If you’re ready to take the first step and begin, you need to know what to do. That’s what Debt Free Dawn is here for. If you’re trying to decide where to sell your items, we’re here to help. Check out our comparison table below and read detailed reviews of each marketplace:

Poshmark | eBay | Mercari | Tradesy | thredUP

Updated: August 10, 2016

MarketplaceMarketplace & Potential BuyersWebsiteMobile AppShipping ItemsCommission & FeesGetting Paid
PoshmarkOver 5 million Android app downloads; specializes in handbags, shoes, jewelry and dressesOnly for browsing listings, sharing, liking, and commenting on items, and updating your account; no listing itemsIntuitive and simple; can only add 4 images to items; editing images on items can be tediousOnly offers USPS priority shipping with minimum charge of $5.95 for buyer, up to 5 lbs; over 5 lbs additional charges to seller 20% of listing price or $2.95, whichever is higher; commission taken out at time of purchaseMoney "Pending" until buyer receives item and rates seller; withdrawal via check, PayPal, or direct to bank account
eBayOver 100 million Android app downloads; 162 million active buyers Jan-Mar 2016; you'll run into non-paying buyersMost comprehensive and feature-rich; up to 12 images per item; offers sell it yourself and eBay ValetOffers almost all of the features available on web interface; some annoying bugs when setting fixed shipping costMost diverse array of options; shipping discounts availableVaries extensively but approx. 10% + $0.30 for each item; fees invoiced monthly, removed at item payment; PayPay fees of 2.9% + $0.30Payments available instantly in PayPal; some issues with non-paying buyers; can sync directly with PayPal; no commission taken out of payment
MercariOver 1 million Android downloads; online flea market style marketplace selling all kinds of productsOnly for browsing listings and light account management; no tools for sellersSimple and straightforward; can only add 4 images but uploading is easy; no formal offer button; can delete commentsUSPS, FedEx, or ship it yourself; if you ship it yourself you must upload tracking info10% fee on all sales as of October 18, 2016Money "Pending" until buyer receives item and rates seller; only accepts withdrawal to bank account
TradesyOver 50,000 Android app downloads; women's clothing with wedding nicheSimple listing tool; Tradesy will clean your photos for you; commission can get complicated but will show you your profits before finalizing each listingCompletely useless for sellers; no seller section at all3 shipping options varying from do-it-yourself to more professional shipping kitsCan get complicated; flat 9% commission is very competitive; commission calculated differently with different types of shippingFunds from sales held in "Pending" for 96 hours; withdraw via PayPal, debit card, checking account; 2.9% safe transfer fee on all withdrawals
ThredUpOver 500,000 Android app downloads; consignment marketplace for kids' and women's clothingClean and sleek; lots of easy to find FAQ; My Account page allows ordering of Clean Out KitsNo seller functionality; redirects to web page$6.99 per Clean Out Kit taken out at time of final payoutAs a consignment site, extremely high commissionMoney available for withdrawal after 14 days to PayPal or VISA gift card