Get Rid of the Clutter and Make Money: How to
hold a Garage Sale
For some people their favorite
sign of spring is the sight of flowers turning colors in the
front yard. For others it's the taste of that first crisp
asparagus stalk or the feel of short sleeved shirts. My favorite
sign of spring is the road sign advertising a garage sale. For a
few weekends every spring and fall I like to get up early, scan
the paper and go trash-to-treasure hunting with my family.
Garage sales have helped me
clothe and furnish my house on a one and half income budget. But
attending one too many can clutter up your house. If you are
like me and cannot resist that last one dollar sweater from the
church rummage sale but your husband has threatened to hide the
Saturday paper, then holding a garage sale of your own might be
the prefect get-rid-of-the-stuff solution. You might even get to
sell that pair of fuchsia shoes you might as well admit will
never match anything else on the planet.
And unlike Ebay, you don't
have take photos of your merchandise or make a trip to the post
office.
Here are a few tips to help
make your sale a successful one:
Advertise
Consider taking out an add the Friday before the sale. My local
paper charges only $5. Advertising will help you attract more
people to your sale than just putting a local sign at the
intersection for people to see when they're whizzing by at fifty
miles an hour. You can also use the paper to make sure you have
a backup rain date. It is not a good idea to hold a garage sale
when rain is forecast because bad weather will drive away
customers.
If you don't want to
advertise, put up the largest handwritten sign you can in black
magic marker on the nearest busy street. The sign should allow
passing motorists to easily read it. That means BIG, BOLD, THICK
LETTERING, bigger than you might think you need.
Don't forget to take the sign
down after the sale is over or you may get people knocking on
your door the next weekend.
Whether you advertise, post
signs, or both, be sure to include more than just an address and
a date. Sale times are just as important. I typically hold my
sale starting at nine and ending at three, but whatever times
you choose, make sure you can stick to them. It always takes
more time than you think to get all those items out on display.
And be prepared to deal with early birds, politely but firmly.
I've gotten people swinging by as early as 7:00 AM for my 9:00
sales.
The best months to hold a
garage sale are April, May, June, September and October when the
warm weather allows you to hold a sale outside. I hold my sales
on Saturday because that's the day you're likely to attract the
most customers.
Enlist your neighbors
Make your sale a block wide affair. Multifamily garage sales
tend to attract more buyers than a sale by just one person. If
your neighbors aren't interested ask your friends. They can
bring their items for sale over to your house and then put them
out on separate tables.
If you have an apartment
without a lawn, ask permission to hold one on a grassy area from
the landlord or Home Owner's Association. I've been to fabulous
sales where an entire apartment complex participated.
Choosing the Inventory
The day before the sale look
through your house and decide which items you want to sell. If
you haven't worn it in a year, sat on it for six months or
opened it since November -- sell it. I have seen people buy
everything from stained clothing to broken furniture so don't
hesitate to put out something even if you think no one else
would want it. I am always surprised and amused when I see what
people buy.
Displaying the Merchandise
Clothing can be spread out on
the ground on a clean sheet, placed on top of chairs or even
hung between tree branches using twine. Larger items can simply
be placed on the ground. For smaller items, it is always to your
advantage to haul out the old folding card table so everything
is within easy reach of potential customers to pick up and
admire.
Jewelry looks very nice when
set against a dark cloth. Ask your local supermarket for extra
boxes and use them to store books for sale.
If you are selling clothing,
allow people to try on items over their clothes. Consider
putting out a "not for sale" mirror that they can use. If you are
selling CD's consider bringing out a CD player so people can
hear the music first. You can also bring out an extension cord
to demonstrate that any small appliances or electronic gadgets
are in working order.
Pricing
Visit the bank and make sure
you have lots of one and five dollar bills to use as a personal
bank to make change. You'd be surprised how many people expect
you to have change for a twenty when they're purchasing a
twenty-five cent toy.
A good rule of thumb about
pricing items is to price them at one tenth the retail price.
Thus the jacket you paid $50 for but have outgrown becomes a
five dollar garage sale find. I have found that you can get more
for certain items. Maternity clothing is particularly popular in
my neighborhood because it is expensive to purchase and only
worn briefly.
Make sure each sale item has a
clearly marked price tag but be prepared to negotiate. You want
to make money but you also want to avoid lugging the leftovers
to back to the attic or down to Goodwill.
More Quick Tips
On the day of the sale make
sure the signs you put up about the sale are clearly marked and
securely attached so they won't blow away.
Keep any pets in the house
during the sale with enough food and water. Even the friendliest
of pets may not react well to the sight of dozens of strangers
on the front lawn.
Young children should be
watched carefully but older children may choose to participate.
Let them look through their possessions and decide if there are
items they don't need anymore. A garage sale can be a great
opportunity to teach your children about the marketplace
firsthand if you designate a place at the sale solely for their
stuff. Expand the object lesson by deciding beforehand that
anything that does not sell will be donated to charity.
Whatever you do during the
sale, don't forget the first rule of the day: have fun.
Garage sales are a great way
to make money and empty your closets - just in time for you to
go to a few more and fill them again.
~Stacy Herlihy
See also:
Name Brand Nonsense
How to
Take the Expense Out of Car Repair
5 Tips to Cut Spending
6 Cheap Ways to Say I Love You
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