There are times in life when you face unexpected challenges and struggle to raise money for going through a divorce, paying off your creditors, or simply moving to another state. In most cases, the only possible way to generate sufficient funds quickly is to sell some of your belongings. If you wonder which assets are the easiest to sell fast for good money, the answer to your question is below.
Contemporary Art
Nowadays, collecting arts is not an extravagant hobby reserved exclusively for billionaires and A-class celebrities. You would be surprised to find out how many „ordinary“ people decide to start their own collections or buy a beautiful piece of art to replenish their homes and fascinate friends. Contemporary art is an obvious choice due to a wide variety of options and relative affordability. When people can’t afford a certain painting, they can always opt for an excellent print or fabulous etching.
Given that contemporary art is in high demand, galleries are extremely interested in all major movements, from Pop-Art to Photorealism. Alternatively, you can sell your art piece on one of the many dedicated websites out there. Just a heads up, do not rush to conclusions and do your due diligence before setting a price. The best way to hit the sweet spot is to browse various galleries’ sites, research the offering and price range.
Car
No one is safe from unexpected hardship and an instant demand for a pretty serious sum of money. Whatever the reasons for your financial constraints, one of the easiest and fastest ways to reach the desired goal is to sell your car. If it’s not your first car, then you are well-aware of how challenging the whole thing can be even under normal circumstances, not to mention an especially stressful experience when you are hard-pressed by a shortage of time.
In a situation that is already difficult enough, the last thing you need is to be forced to accept the lower price and lose part of the money you have counted on. That is why, when selling your vehicle, you need to find a reputable car dealership able to offer you the best price, the shortest time frames, and no hidden tricks. Look for one where people are passionate about what they do, meaning they care about your needs and won’t use your situation to make an easy buck. Instead, they will streamline the entire process to help you leave their dealership with cash in your pocket faster than a single episode of your favorite TV show.
Rare Stamps
Despite what you may think, stamps are still a big trend across the world. Every single day, millions of active collectors are looking for the opportunity to grab a hidden gem. Of course, if you’re a passionate stamp buff yourself, you would hardly decide to sell your cherished assemblage, but you can always let go of a couple of stamps you can live without.
In case your collection is inherited, and you are not well-versed in all the ins and outs of philately, make sure to consult reputable experts you can trust to figure out the real value of your assets. It is hard to think of something more disappointing than the situation when an inexperienced owner offloads a high-valuable stamp collection for a fraction of its real worth.
Branded Designer Handbags
If you are a lucky owner of a branded masterpiece hand-made by world-famous designers that work for Hermes, Louis Vuitton, Prada, and other big names in the fashion industry, then you can offer your precious handbag for sale and expect quick money. Indeed, it is fascinating that even 15-years old pieces can hit a whopping price just because their uniqueness can easily beat time. So, if you want to get money for an item you no longer use, you can always opt to sell designer bags you previously owned.
It is up to you whether to take advantage of online advertising for global coverage or head down to your local designer store. In fact, you can do both and see where you can get a better price and faster realization. Alternatively, you can ask your friends to spread the word who knows your would-be buyer is much closer than you think.
As you can see, even if unanticipated financial challenges have cornered you, it is too early to be desperate. Fortunately, there are several options to find the way out of the difficult situation and raise money by selling some of your assets—however, the general advice to think over carefully how to use each available opportunity at its best.
