Planning A Successful Garage Sale
A garage sale can make money as well as saving money by reducing the costs of moving your household items to your new location. You may also want to hold a garage sale if you are downsizing the size of your new home.
First step - check out the rules:
- Inquire whether your homeowners association has rules regarding moving sales.
- Call your local municipality to determine if there are permit requirements
- Before hanging signs determine whether your city or town allows this form of advertisement.
Second step – get organized!
- Decide what you are selling: if you have not used an item in the past few years, you probably can live without it.
- Make al list of all items you want to sell.
- Price items according to their worth to others, not to you!
- Charge about 20% of original cost, if item is in good working order
- In pricing, leave some bargaining room
- Bundle one or two great items with “not as great” ones and sell as a lot
- Secure a tag to each item and record each item with the pricing on a sheet to assist in keeping track of sold items
Third step – advertise!
- Run ads in the local newspaper
- Put signs on billboards in neighborhood stores
- Use signs, flags, banners and balloons for people to see when driving by your sale
Fourth step: merchandising:
- Make items look appealing and they will sell: wash and neatly fold clothes, polish silver or brass, clean glass and mirrors
- Put like items together on a table or shelf
- Use signs to draw people to certain sections of the sale
Finally: Be safe!
- Keep doors to your residence locked
- Have at least two people present throughout the sale
- Keep the money that you will use to make change with you at all times, in a money belt
By following these tips you have increased the chances of a successful moving sale. If items are left over, consider donating them to a local charity.