You kicked your Spring cleaning into high gear, and now your home is completely de-cluttered and fresh. But, what should you do with all of the stuff you found that you no longer want to keep? A garage sale is a great way to get rid of all of your unnecessary clutter, as well as make some extra cash for your summer adventures! Read on for tips on how to have a successful and profitable garage sale.
1. Prepare Effectively
Preparation is key for a well-organized and successful garage sale, and there are a few things you want to do before your sale kicks off. Thoroughly check any item you plan to sell, to ensure that there’s no cash or other goodies stashed in pockets, compartments and purses. Also, make sure to advertise your sale in order to maximize your visitors. Run an ad in your local paper and create a few large signs to display throughout your neighborhood. Make sure that your signs have big, bold letters so that passerby can easily read them and find your sale.
2. Categorize Your Items
Many people visit garage sales looking for particular things. So, you want to make it as easy as possible for buyers to find exactly what they’re looking for. Sort your items into categories, such as “Kitchen”, “Electronics” and “Toys”, and keep those items grouped together for your sale. Make signs for each category, so that visitors can clearly identify each section and find what they want.
3. Price Appropriately
It’s no secret that garage sales are a place where people expect low prices and steep discounts. So, make sure to keep fair pricing in mind while preparing for your sale. The rule of thumb is that an item should typically be priced at about 10-30% of what you paid for it. However, if an item is new with tags, it can be priced up to about 50% of what you paid. Keep in mind that most people want to negotiate at garage sales, so you’re always better off marking a slightly higher price in order to leave room for some bargaining.
4. Keep an Eye on Expensive Items
You’d like to be trusting of everybody, but you’d be surprised at the amount of theft that can happen at neighborhood garage sales. If you have pieces in your sale that are on the pricier side, you’ll want to keep a closer eye on these items to ensure nobody manages to walk off with them. Keep your more expensive items closer to your checkout table so that they’re always in your sight.
5. Have Supplies
There are a few things you want to have on hand during your sale. Keep a power strip and a lightbulb nearby so that shoppers can test out electrical items and lamps. Make sure that you also have a tape measure handy so that visitors can measure rugs and furniture if needed. At the checkout table, keep change (both coins and bills!), plastic bags for shoppers to carry their purchases and newspaper to wrap fragile items for safe transport.
If you’re aiming to get rid of some clutter, as well as earn some extra cash, a garage sale is a great way to do it! Keep these tips in mind to ensure your sale is organized, successful, and profitable!
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