Originally Posted by
bung
Take it to an alteration shop and have them make it fit. I have some jerseys that are now too big and I’m going to see if they can be altered.
^^^ I'd vote this as the best answer if there was a way to vote. If the jersey was expensive (wool usually is), then a few more dollars spent to get the jersey to fit you perfectly would be well worth it.
Otherwise, used cycling clothing rarely has any resale value. If there's one used item I'm not interested in paying a lot for, it's someone else's used and stinky old bike clothing.