Tips For Buying and Selling Used Clothes

If you're like most women, you aren't wearing at least 20 percent of what's in your wardrobe. Even worse, according to a new report from fashion resale site ThredUp.com, those pieces — currently taking up precious closet space — are costing you. If resold at a thrift store or secondhand shop, those forgotten items could earn you a minimum $200. (If your closet includes designer duds, then just tack on an extra zero . . .)

But where do you even begin? For those new to the wonders of consignment, we culled the report's latest findings to provide five no-fail tips that will help turn you into a reselling pro.