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How To Run A Garage Sale

5 Tips for Getting Garage-Sale Ready Clean out your closet. Sounds simple, but it has to be said. Start sorting. Having a garage sale can be a daunting task, so go ahead and do the major work ahead of time. Get used to the idea. Set a date. Stock up on supplies. Name your price. Make prices visible. Bundle items.

What should you not sell at a garage sale?

What NOT to Sell at a Garage Sale Quality jewelry, silverware, antiques, collectibles or paintings. Better quality clothes. Similarly with big furniture items (beds, sofas, etc) and anything over $50. Don’t sell underwear at a yard sale. Don’t sell illegal goods, unsafe or recalled goods.

How do you price garage sale items?

Follow the 10% Rule There is an unspoken rule in the garage sale world: You never charge more than 10% of the retail price. So this means if you bought a product for $20, you shouldn’t charge more than $2 for the item at your garage sale.

Are garage sales worth it?

While garage sales can absolutely help you earn money, they work best when you have time to spare and plenty of good stuff to sell. In our current season of life, I have neither of those things. Earning extra money is important, but sometimes, time matters most of all.

What’s the best time to have a garage sale?

Friday, Saturday and Sunday mornings are usually the best time to hold your garage sale. Here’s an insider garage sale tip: Consider scheduling it on the first weekend of the month—a lot of paychecks go out at the end of the month, so people will have cash to spend.

How can I get the most money for my yard sale?

7 Ways to Make the Most Money From Garage Sales Be Organized. Too many garage sales are a haphazard collection of stuff. Don’t Put a Price on Anything. Get the Word Out. Go Through Your Stuff. Start on Thursday or Friday. Be Friendly. Think About Security. Garage Sale Tips.

How much money should you have on hand for a garage sale?

I’ve found that most people at yard sales carry mostly $1, $5 and $20 bills and of course, quarters. I’ve hardly ever found anyone that carried dimes. In fact, I try not to even price anything in my yard sale less than $0.25 but sometimes I have like a notebook and price it for $0.10.

How much should you price clothes at a garage sale?

Price to Sell The Spruce recommends that you follow the “10 Percent Rule” – set your price at about 10 percent of how much the item would cost at the store. You can go a bit higher with “like new” merchandise, but you probably don’t want to exceed more than 20 percent of the original price.

How much should you sell clothes for at a yard sale?

WOMEN’S CLOTHES — Generally, we suggest $1 per article of clothing and allow people to mix and match as they see fit. However, high-end business attire should certainly be individually marked between $5 and $10 for the whole set — just make sure it’s still in style.

Is it better to have a garage sale or donate?

So, which has the higher payoff: garage sale or donation? Hold a garage sale for some quick cash. Donate the items you don’t sell to a charity for the tax deduction. “That way, you’ll end up with some cash and maybe a little extra tax savings on your tax return,” Alessandri adds.

Why do people do garage sales?

Popular motivations for a garage sale are for “spring cleaning,” moving or earning extra money. Such sales also attract people who are searching for bargains or for rare and unusual items. Bargaining, also known as haggling, on prices is routine, and items may or may not have price labels affixed.

How do you get a moving sale?

Contents Invite a Few Friends to Help. Do Your Homework. Organize Your Sale in Department Store Style. Advertise, Advertise, Advertise. Put a Price Tag on Everything. Delineate Your Yard Sale Space. Let the Kids Help. Be Prepared to Make Change.

What is the fastest way to organize a garage sale?

How to Organize a Garage Sale Get Rid of Everything You Don’t Need. Organize Your Items. Reorganize Your Garage. Create Lots of Signage. Online Advertising is Key. Create a Fun and Welcoming Atmosphere. Display Your Best Items. Place Price Tags on Your Items.

What’s the difference between a garage sale and an estate sale?

Simply-put; the big difference is that garage sales are for old and unwanted household items that the residence no longer have any use for—estate sales are more formal and are meant to get rid of a late family member’s entire estate. They are both for anyone finding a good deal on some interesting items.

How do you show items at a garage sale?

Card tables, TV trays, even upside down cardboard boxes (sturdy ones) and crates work wonders as a means for displaying your items for sale at a garage sale. Similarly, blankets (of various sizes), rugs, sleeping bags, sheets, old bedspreads, even beach towels can be used to display items out on the lawn.

How do you flip garage sale?

6 Garage Sale Flipping Strategies to Make Extra Money Search for town wide garage sales by median income. Silence is an effective negotiation tactic. Stuffed animals are usually underpriced. Search “completed” and “sold” listings on eBay to gauge what products can be sold for.