The yard sale is an American tradition that neighborhoods across the country participate in. What better way to get good deals or get rid of things that are still in workable shape but you don’t want? While the idea is simple, to sell everything you want to, you should consider all the factors of the sale, including the timing, pricing, and display method. This way, you can become a yard sale tycoon! Well, maybe not that far, but you’ll definitely get better sales than without. Check these 10 tips out:
1. Titling it with “Estate Sale” or “Moving Sale” can imply that better grabs will be available than “Garage Sale.”
2. Advertise in local newspapers, online and on bulletin boards in your community. Also, have signs indicating where your sale is that are readable from a distance so drivers can easily find your house.
3. Offer freebies or buy-one-get-one deals, which can encourage sales and be good for ads.
4. Though many think Saturday or Sunday is the best day for the sale, consider starting on Friday instead to draw in a dealer and retired crowd.
5. Get an early start – most business happens in the morning, so open at least by 9 am and finish in the early afternoon.
6. Building materials sell well! Save them after your next home improvement project and arrange them together at the sale.
7. Ensure that you’re in compliance with the rules and guidelines of your town as well as federal guidelines on what can and cannot be resold.
8. Consider how you display your items, possibly modeling after how stores model their items. Don’t place anything on the ground unless it’s furniture – instead, put them on tables with tablecloths so they display nicer.
9. For pricing, the 50-30-10 rule is a good metric to follow. This rule of thumb is sell almost-new items for 50% of retail value, slightly worn items at 25-30%, and used items at 10%. Even if you think your items are worth more, consider the mentality of the garage sale shopper, who is out to get a deal. Better to sell it for less than not sell it at all!
10. Mark everything! This will save hassle during the sale of negotiating with customers.
Garage sale season is just around the corner! There’s no time like the present to get things in order for your next yard sale. As you’re thinking about what items you’d like to sell and when would be a good time for it, remember the above tips in both the planning and implementation stages. These 10 things can bring success to your yard sale like you never thought possible! Good luck!
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