Seen At 11: Funding Fall Fashion With Cash From Your Own Closet

NEW YORK (CBSNewYork) -- If you're looking to add some new fall fashions to your wardrobe, you might find the cash to go shopping right in your own closet.

As CBS2's Dana Tyler explained, selling or consigning what you already own has never been easier or more popular.

"I tend to consign every month or every two months," Laura Pedrini said.

Pedrini said she has made thousands reselling her gently worn designer clothes at a consignment boutique, before using the cash to go shopping.

"Even if you're making $100, $150, $200 a month that's extra money in your pocket," Kristin Kohler Burrows, CEO and President, Second Time Around, said.

Consigning clothing at stores like Second Time Around is one way to make money on your no longer loved items.

"Typically it's 40 percent for the consigner, and 60 percent for us," Burrows said.

Easy to use resale websites are also popular.

"The buyers save up to 90 percent off retail, the sellers make money off things they're no longer wearing," Tradesy founder Tracy di Nunzio said.

Tradesy lists items by category or designer, sellers set their own price and keep about 85 percent.

"Our average seller makes $1,000 in their first year," di Nunzio said.

Leslie Burke made nearly $3,000 from her ample inventory and plans to add more.

"A leather bomber like this could go for $100," she said.

Close 5 is one of the newer resale apps. It's more like a swap meet where just about everything is sold, but clothing is the most popular. Listing an item takes only seconds and sellers keep all their profit.

"You can go into your closet and take twenty-five pictures in a matter of five minutes, have them listed, and now you have your whole closet up for sale," Jill Williams, Head of Global Growth and Community, Close 5, said.

Consumer reporter Catey Hill said apps for reselling are a fast growing trend, and had advice for sellers.

"The quality of the photo is really important...Any flaws, you should probably disclose them...You need to make sure they're clean," she said.

If you have a lot of items to sell some consignment stores will even come to you. Experts said if nothing sells you can always donate and get a receipt for a tax deduction.