Categories
Life hack

How to hold a profitable garage sale

How to hold a profitable garage sale

You need to get rid of some stuff and want to make a little extra cash. There’s no better way to clean out your closet and fatten your wallet than by hosting a garage sale. But staging a successful one—where you actually make money and sell the majority of your unwanted stuff—takes planning and preparation.

We asked five garage-sale pros to share their strategies for hosting a great garage sale.

The Buyer
Daniel Jones, owner of Vintage Junky, is a buyer and seller of old bikes, tools, housewares, clothes and “random weird stuff.” He sets up shop every week at the Eastside Flea Market in Austin, TX.

1. Take time to clean your stuff. “When I’m buying stuff to resell, I’m often looking for dirty things that are often worth twice as much once I clean them,” Jones said.

2. Be honest about what you have. Jones is frequently discouraged when people hype what they’re selling. “I went to check out this sale that said ‘retro table and chairs,’ and it was all garbage,” he recalled.

3. Be reasonable about price. “If you’re not ready to sell it, then don’t sell it,” Jones said. Garage sales should be about getting rid of items, not hawking valuables that should be auctioned on eBay or elsewhere.

How to hold a profitable garage sale

The Advertiser
Gwynne Rowe placed tons of classified ads for garage and estate sales while working as an account executive for the Pioneer Press community newspapers in the Chicago area. After attending several of the sales herself, she quickly learned which vendors were doing it right.

4. Make your ad sing. “People who paid extra for a black border or a picture usually had bigger crowds,” Rowe said.

5. Use signs to direct traffic to your sale. Some newspapers give advertisers garage-sale kits that include signs to place around the neighborhood. If you don’t have those signs, you can make your own out of cardboard; be sure to put them up days in advance.

6. Set up early. Shoppers will get to the sale right on time, so have everything organized at least an hour beforehand.

How to hold a profitable garage sale

The Pop-Up Vendor
Leslie Cottrill is known around Austin for her pop-up vintage sales. She brings her clothing to places where people congregate, such as in front of outdoor patios at bars.

7. Merchandise everything. Treat your sale as if it were a store. Put clothes on a rack, display jewelry on a table and style an outfit on a mannequin. “I’ll bring some scarves and tablecloths to make it look more funky and bring your eye toward things,” Cottrill said.

8. Don’t throw things in boxes. Break up items and display them, or people automatically will think they’re junk. Reserve a “bargain bin” box for inexpensive items; shoppers definitely will comb through it.

9. Promote your event. Cottrill uses Facebook event pages and relies on “good old fashioned flyer-ing” to get the word out. Be sure to include a list of items you’re selling.

How to hold a profitable garage sale

The Party Girl
Kristen Marks, a wedding DJ at Toast & Jam in Chicago, knows how to get the party started. She taps her entertainment skills to liven up garage sales.

10. Make your event social. Play music, serve snacks, and keep an ice chest filled with $1 bottles of water to sell. People will want to stay longer.

11. Price everything the night before. Garage-sale attendees don’t like to ask about prices.

12. Think outside the box. “Taking a little extra time to make a clever price tag classes it up and makes it OK to charge $2 for something as opposed to 50 cents,” she said. At one garage sale, Marks and her roommates put together a “romantic picnic set” made up of a basket, two wine glasses and a blanket with a sign that read, “Really works.” It sold right away.

13. Tap social media. Marks creates a Facebook event page and a Craigslist ad with clear photos of what she’s selling at least two weeks in advance. She’ll promote the event by posting fun photos of her random tchotchkes, such as a ceramic-cat tape dispenser she sold as “Saw Headed Kitty of Death.”

How to hold a profitable garage sale

The Old Pro
Yvonne Lozano of San Antonio has hosted more than two dozen garage sales. When she was younger, she used proceeds from garage sales to pay for vacations.

14. Enlist plenty of help. Station people at different areas to prevent people from walking off with your stuff.

15. Consider the timing. Hold your sale during the first weekend of the month, around the time many people get paid.

16. Keep location in mind. Set up shop in an area that receives a lot of foot traffic, such as a friend’s house near a major road.

17. Split your sale into two half-days. Sell everything half-off the second day. You’ll end up selling more items and making more money.

18. Use whole numbers. Most people don’t carry around a lot of change, so keep smaller items priced at $1 or $2 rather than $1.50 or $2.50.

Thorin Klosowski

How to hold a profitable garage sale

House overloaded with clutter? Clean up and make some money as well by throwing a garage sale. But if you’re going to turn a profit, you need to throw the best garage sale you can. Here’s how to do it.

A successful garage sale requires planning ahead of time, especially in terms of attracting buyers. Before we get into how to actually throw your garage sale, we have to advertise it as best as possible.

Advertise In Every Way You Can Imagine

  1. Put posters everywhere: Put posters up in your neighbourhood, at community centres, and in local shops. Basically, anywhere you possibly can. If you’re near a university, put up signs there. When you’re making signs, make sure you put up a few windproof ones so people don’t go wandering down the wrong street after a gust of wind pushes your sign a block away.
  2. Advertise online: Put a posting on Craigslist, mention it on Facebook, talk about it on Twitter. Don’t just post “Cool furniture.” The more descriptive you are of your actual merchandise the better chances you have to reel people in. Have an antique Herman Miller chair? Mention that, even if it’s beaten up and covered in a thick layer of cat hair. The point is to get the right “type” of person to take an interest. Garage sale-aficionados will come regardless of what you have; you need to focus on getting the people who actually want the stuff in your garage.
  3. Mention snacks: The promise of snacks can draw pretty much anyone to anything. The only rule here is that whatever you’re giving away, make sure it isn’t homemade unless you have a particularly trustworthy look about you. While some people are totally fine with taking food from strangers, you’re probably better off just offering a cooler with some drinks and a few lollies.
  4. Include all the details: Finally, make sure to include your full address, time of the sale, and the date (Don’t write “today.” That means nothing to a random passerby.) Weekends are the usual target, since you’re more likely to get people who work regular jobs. Give the sale a few days to seep in; if you’re holding the garage sale this Saturday, put up posters on Tuesday or Wednesday. Photo by Steven Cateris.

Plan And Optimise Your Display Options

In most cases, your best bet is to set up all your items exactly as you would find them at a department store. That means group like-minded items together and keep completely different items apart. If you’re off-loading your media collection after going digital, put all your books, games and movies together on a table. Price everything on that table the same (don’t go mixing things up because you know that Akira DVD is worth more than that copy of National Lampoon’s Vacation).

Put things like clothes or random household goods as far away from the media as possible. Nobody wants to dig through your collection of science-fiction novels while getting bopped in the head with dresses.

When displaying your items, consider this a chance to show off your best merchandise. If you have an awesome couch, put it in the most visible spot. If you have hundreds of DVDs, make sure they’re arranged in a way people can find them. Place clothes on hangers and hang a string up so people can flip through them.

Finally, if you’re selling electronics, set up a testing area for everything. Sure, you’re aware that old receiver works just fine, but your customer doesn’t know that. Run an extension cord from the house if needed, place all the electronics together, and let people test them out on their own.

The basic idea is to make an appealing shopping experience for whoever stops by. Some people love the idea of scavenging through endless piles of junk, but most people would rather pop in, gauge their interest quickly, and decide if it’s worth their time. Make things easier for them by displaying all your sale items in a way that makes sense and looks good. Photo by John Manoogian III.

Be Prepared To Haggle And Accept All Types Of Payments

On that same note, make sure you have a lot of change on hand. Cash is great, but you need coins too. Organise this earlier in the week, since your banking options will be limited on Saturday and non-existent on Sunday. Photo by BarGal.

Have Fun

This might sound like obvious advice, but it’s absolutely true. When you’re sitting around being bored on your lawn you end up looking like a weirdo surrounded with junk. Grab a friend to help you out, bring a book, play some music — do anything you can to make yourself look like you’re not annoyed at the fact you’re sitting around in your garage or on your lawn all day. The happier and nicer you look, the more likely it is people will stick around.

Have some tips of your own for making a garage sale the best it can be? Share them in the comments.

How to hold a profitable garage sale

I’m starting a new series called “Extra Income” where I will share with you my findings on ways to make extra income, or “side hustles” as some call it. Some will be things I’ve tried and others are just ways I’ve come across. So, if you are looking to make some extra money to pay off debt, go on vacation, or just “spending money”, I hope you will find something!

How to hold a profitable garage sale

Yay. It’s garage sale time of the year! I love going to sales and I love throwing them as well. We like to have a garage sale every year to clean out everything that we’ve accumulated over the year. I live on a busy street, so it’s great advertising for one (but, I hate it for all other reasons-ha!). Having a garage sale takes work and even though I love getting rid of stuff for cash, I hate the process of getting from point A to point B. But, after it’s all over, I’m glad I did it.

So, how do you have a profitable garage sale?

Planning Your Garage Sale

1. Make sure you have enough stuff to hold a garage sale.

People want a reason to get out of their cars. I know that if I’m driving by a yard sale and there’s only a small amount of items, I’m probably going to keep driving by. If there’s so many items in your yard that a person can’t see them all just by driving slowly, it will peek their interest to pull over and actually go to it to see what goodies you have.

Give yourself plenty of time to gather enough items and grab a box and go through every room. Decide what you really don’t use, or haven’t used in months. Basements and attics are great places to look as well. and toss it in. Get rid of old power strips, cell phones, chargers and other cables.

2. Pick a good date.

The first step is to find the best week to have your garage sale. Don’t pick a holiday weekend, or a rainy or cold season. If you can run it Thursday-Saturday, you will get the most exposure for your items. Starting as early as possible will bring in those early birds that come with lots cash! Depending how long you want to stay open, some garage sales go until 4 p. m. I like to run mine from 7:30am -4:30pm.

3. Hold a mass neighborhood sale.

I totally love going to neighborhood garage sales! A lot of people love to just be able to park and walk from one sale to another. This brings the opportunity to bring in more sales for you. Spread the word to your neighbors and see if they are willing to have one as well.

How to hold a profitable garage sale

4. Advertise online.

There is no need to pay high newspaper ads. There are so many free and low cost websites to advertise your garage sale that bring in just as many traffic. I mainly use Craigslist, but here are several others:

  • Yard Sale Search
  • Garage Sale Hunter
  • Garage Sale Source

Extra Tip: Place individual Craigslist ads for your more expensive items, or more desirable. I had some brand new items and chairs and figured this would be a chance to have people from Craigslist be able to come for that and maybe find other things at same time! Make sure you update sold items along the way.

5. Get help.

I could never do a sale by myself (I hate doing the money part-lol) So, I bribe my oldest kid to run it with me and she sold her stuff as well. That way, you also have someone to chat with during slow times.

6. Don’t price your stuff too low.

People like to make an offer, so make sure you price for some haggling.

7. Price every item.

I super, super, super hate when people don’t mark items. I don’t like to ask, so I just don’t buy. If I do that, I’m sure there’s other shy people as well out there! So, always put a sticker on everything.

Extra Tip: Have a box of free stuff.

How fun is it to get stuff for free?! Place a “free” box near the curb for stuff you don’t think will sell.

8. Put up easy to read garage sale signs.

I learned this trick from a friend of mine who had an excellent garage sale (made over a $1000!). Most people know that those little signs stuck at the corner are garage sales, so instead of making “GARAGE SALE” the biggest words, put your address as the large lettering.

I’m serious, this works!

You don’t know how many people thanked us for doing that. It’s hard to catch an address as you are driving by-especially if it’s tiny!

How to hold a profitable garage sale

9. Place more exciting items closer to the curb.

Put your juicy items where people can see as driving by-point made. : )

10. Make sure to have lots of small bills and change.

You will be giving out a lot of ones and change. Give everyone a bag too.

Extra Tip: Do you have a business that you would like to advertise? Place flyers in each bag!

11. Work the crowd.

Be friendly, but not too friendly. Greet your customers, but then step back and let them look. Be sure not to stare either. You don’t want to be creeper. I always think of how I would be if I sold items at the Farmer’s Market, or had my own store. I would be so grateful if someone bought my stuff. I can’t believe how some people act like they are doing you a favor by “letting ” you buy their product. Thank them and be excited about it!

When It’s Over

You’re going to have leftover stuff. I like to donate those things that I really don’t want to drag back into the house. Of course, if I didn’t sell something that’s of real value, I’ll try and sell it on Craigslist.

Have you ever thrown a garage sale? What has worked best for you?

  • Pinterest
  • Facebook
  • Twitter

How to hold a profitable garage sale

Related To:

If you’d asked me five years ago if I ever thought I’d have a yard sale, I would have laughed in your face and said no with gusto. It seems like everyone I know grew up in one of two camps: those who yard sale, and those who did NOT. I was in the NOT category. As an adult, it wasn’t until I started trying to find vintage furniture to remake that I (very apprehensively) hopped on the yard sale circuit. I’ll admit that I still get overwhelmed, haggling still makes me a little nauseous, and that sometimes, a yard sale that looks promising can be a dud. BUT – I’m a convert.

Going to yard sales vs. having a yard sale? Two totally different beasts. We had a HUGE yard sale last weekend and I’m still recovering. I did some research on tips and tricks, put on my marketing hat to promote the sale, planned out the layout and prepped the heck out of everything we were selling.

In the end, it was COMPLETELY WORTH IT. We made more money than I ever expected, we got rid of a ton of (nice) stuff that was just taking up space, and we learned some valuable tips along the way. And I’m going to share them with you today so your yard sale can be successful beyond all expectation. Are you ready? Here we go:

TIP #1 – Location, location, location: If you don’t live on a well-traveled street, or live in a spot with no parking, maybe it’s time to make a deal with a friend or family member in a better spot. Location is the difference between a home run and a dud, when it comes to yard sale success, so do your best to aim for the best location possible. It’s worth it to check to see if you need a permit from your city for a yard sale, too. Nothing rains on a good sale like getting shut down. Bonus tip: if a friend/family member gives you the go ahead, make it a multi-family yard sale – people tend to go out of their way for two-in-one sales, estate sales, and moving sales.

How to hold a profitable garage sale

TIP #2 – Pick the right date: Some experts tell you Sunday sales are the most successful, as most of the population either makes plans for Saturday, or reserves the day for family time or errands. Sunday worked great for us, but we also planned our sale for a three day weekend, so Sunday was sandwiched in the middle. A less common yard sale day of the week? Friday. If you think about it, you could actually make out really well with collectors and retirees by holding a sale on a Friday, and if you have the endurance, hold a Friday/Saturday sale to get as many customers as possible. In terms of the summer season, aim to have your sale before it gets blisteringly hot where you live. Once you set a date, keep an eye on the weather and come up with a contingency plan in case of inclement weather.

TIP #3 – Timing: We heard over and over, “Start early so you don’t miss the early bird buyers.” So, we planned to start at 8am, thinking we were in great shape. Until 7:15am rolled around and we had a line of cars parked with several people asking to start shopping early. And once passersby see one person shopping, it’s all over. (Lesson learned – do not be the nice girl who lets that one lady who has to go to work at 8am “just take a peek.”) All of a sudden, we had shoppers ready to haggle, bargain and buy – 45 minutes before we were supposed to start the sale. We scrambled and managed it, but time your sale so that you can catch as many shoppers as possible, without having to scramble. With our unexpectedly early start, our sale went from 7:15am to 2pm…. but we also had straggler shoppers until after 3pm.

TIP #4 – Signage: Most of your customers will learn about your sale from your signs, so make them as clear as possible, listing the location, the date and time of the sale, and the hot ticket items to be sold. Make sure you strategize where you’ll post your signs (respecting all city restrictions, of course) so that as many people as possible will see them. Have the signs ready to put out the day or night before helps, too – you’ll get the evening AND early birds making note of where their first stop should be in the morning.

How to hold a profitable garage sale

I bought these waterproof corrugated signs from Staples, along with a few Sharpie markers, to make signs we could put out the day before that wouldn’t succumb to rain overnight.

TIP #5 – Advertise: Getting the word out is critical. We posted an ad on Craigslist and had several people mention it specifically as the reason they came to our sale. See if there’s a spot in your local paper where you can post an ad for free. And of course, let ALL of your friends and family know by posting the details of your sale via social media or email.

TIP #6 – PREP: I would say 90% of the success of our sale can be attributed to the thorough, laborious prep work we did. Over the course of two or three weeks, we pulled items to be sold whenever we had a couple free hours, creating a landing spot for all items destined for the sale in a garage bay. A week before the sale, I started organizing, sorting, and pricing. The day before the sale, we grouped everything so that we could move everything out into the driveway/lawn in an organized manner, not a chaotic mess. We created a plan for what was going to go where, how it would be laid out, how many tables, shelves, clothing racks, etc. we needed and gathered them up. Essentially, we prepped for THREE TO FOUR WEEKS. Yes. That’s right. Save yourself the stress and headache – don’t try to throw a yard sale together overnight. You won’t make money and it won’t be worth it.

How to hold a profitable garage sale

Make some extra cash from the junk that’s cluttering up your house by hosting a garage sale. These sales can be lucrative, but they can also be overwhelming, due to the number of logistics you have to consider. From preparing for your sale to closing it down, these tried-and-true tips will help simplify the process and allow you to make the most money for all your efforts.

Consider a Multi-Family Sale

How to hold a profitable garage sale

Garage sales advertised as “community yard sales,” “neighborhood garage sale,” or “multi-family sales” tend to attract more customers because they know the number of items will be greater and more diverse. Ask around the neighborhood to see if anyone wants to join in the planning and implementation of a garage sale—the more people who are involved, the more the work can be spread out.

Determine in advance how you are going to divide up the profits from a multi-family yard sale. You could choose to divide the money equally, or you can keep a record of what sells for each family by using different colors of stickers for pricing and writing down the sales in a notebook.

Pick a Good Location

How to hold a profitable garage sale

As the saying goes in real estate, location is everything—and the same is true for a profitable garage sale. A good location is easy to find, offers plenty of parking, and has enough space for all the items you wish to sell.

If you live in a rural area, off the beaten path, or somewhere without any street parking, consider having your garage sale at a relative’s or friend’s house that is better suited for having a yard sale.

Host a Two-Day Sale

How to hold a profitable garage sale

Garage sales are often Saturday morning affairs, but the real garage sale fanatics know that Friday is the best time to go to yard sales. Double the number of potential customers to your sale (without doubling the amount of work) by holding the sales on Friday and Saturday.

If the forecast calls for bad weather on the day of your sale, postpone or cancel sooner rather than later. Remove your online ad and plan for another weekend. However, inclement weather can also come out of nowhere, so have a plan ready: Move into a garage, if possible, or have tarps on hand to cover up your items.

Organize and Clean All Items

How to hold a profitable garage sale

It’s tempting to throw everything you want to sell in a messy jumble in your garage or driveway, but that doesn’t make for a good experience for your shoppers. As you’re going through your house to pick out what you want to sell, take the time to clean dirty items by wiping them down with a wet cloth, especially if they’ve been in storage.

Take time to make the items look usable, such as blowing up the tires on an old bicycle or putting a lightbulb in a lamp. Put batteries in electronic items, so customers can ensure it works.

Spending some time on organizing is worthwhile, too. Kids’ clothes, household decor, books, and other like items should be kept together. It makes it much easier for customers to find like items they want to buy.

Specialty items don’t always sell well at garage sales. Instead, try listing them individually online before your garage sale. It’s easier than ever to sell your specialty items with the use of a local selling app or by hosting a virtual garage sale on Facebook. Do this a few weeks before your garage sale, so you can include anything that’s unsold in the sale.

Be Prepared and Choose the Right Time for Your Sale

  • Pin
  • Share
  • Email

How to hold a profitable garage sale

The Spruce / Christopher Lee Foto

Yard sales can be a great way to declutter your home while bringing in some extra money. Yet, a poorly planned sale can be much more work than it’s worth. Organizing a yard sale starts with planning and preparation to ensure a smooth, stress-free, and profitable sale.

What to Do

Yard sales sound like an easy endeavor, and they are quite simple, but they can also be stressful. You have to dig out all the things your family no longer wants or needs, organize and price your items, write the ad and advertise the sale, gather tables, run to the bank for petty cash, and set up the merchandise. It’s a lot of work but if you keep a few things in mind and stay organized and on-task, you can avoid many costly mistakes.

  • Yard sales don’t organize themselves and they require a significant time investment. Estimate how much time you think it’s going to take to get everything done, then triple (or at least double) the hours to get a more realistic number. Something always comes up, and it always takes longer than you first anticipated.
  • Use a yard sale checklist as you get ready for your sale. Refer to it frequently to keep yourself on track.
  • Check to see if your city or county requires yard sale permits. If you live in an HOA, make sure you’re allowed to have a yard sale because some won’t let you.
  • Schedule your yard sale for the first weekend of the month if you live in a small town where the shopper pool is limited. Quite often, it’s when people who get paid once a month receive their checks and almost everyone has more expendable cash right after payday.
  • Check your city’s yard sale listings in the weeks before your sale. Look in the local newspaper and on websites like Craigslist. Get familiar with the typical starting times in the area, and schedule yours at the earliest of those times. Even better, schedule it to start 15 minutes earlier. Serious yard sale shoppers plan their routes in advance, and they aim to be the first shopper at every sale. If your sale starts a little earlier than the rest, you’ll be their first stop.
  • Check with friends, family members, and neighbors to see if they’d like to make it a group sale. You’ll have more help before and during the event, and more merchandise to advertise. Savvy yard sale shoppers prioritize those listed as multi-family, block, or neighborhood sales—especially the latter. Who knows, you might even start a new neighborhood tradition.
  • Consider keeping a potential sale item if you start having sentimental pangs. You can always sell the piece at a future sale, but you won’t be able to get it back.
  • Go to a few yard sales in the weeks leading up to your sale, especially if you don’t usually go to them. You’ll learn the local yard sale norms and can get ideas on display and pricing as well as what to avoid.

Avoid Common Pitfalls

A number of common mistakes can cost you time and money, which defeats the purpose of having a yard sale. The biggest key to success is knowing when to schedule your sale to attract the most buyers. There are some days and times you will definitely want to avoid.

How to hold a profitable garage sale

Garage sales can be a great way to get rid of personal property and earn extra cash for the estate. But make sure you plan ahead; they can take on a life of their own. They can also be time consuming and may not generate enough money to be worth the invested time. If you decide to hold a garage sale here are some tips to remember.

Don’t wait until the last minute.
Planning a garage sale can take a lot of time and energy. And that’s on top of the effort of putting the home on the market!

Contact your local government.
Some municipalities will require you to obtain a permit in order to hold a garage sale. They’re often free or cheap, but the fines for neglecting to obtain one can be hefty.

See if neighbors want to join in.
You can turn the garage sale into a block-wide event and lure more shoppers. However, a permit may be necessary for each home owner, even if it’s a group event. Another option is to time the sale with a neighborhood event so you can try to get drive by traffic.

Schedule the sale.
Sales on Saturdays and Sundays will generate the most traffic, especially if the weather cooperates. Start the sale early — 8 or 9 a.m. is best — and be ready for early birds.

Advertise.
Place an ad on facebook, craigslist and next door, including the date(s), time, and address of the garage sale. Add information about what will be available, such as kids’ clothes, furniture, or special equipment. On the day of the sale, use balloons and signs with prominent arrows to grab attention.

Price your goods.
Clearly mark rounded prices (50 cents, 3 for $1, or $5, for example) with easily removable stickers.

If it’s junk, recycle or donate it. If it’s truly garbage, throw it away or place it in a freebie bin. Don’t try to sell broken appliances, and have an electrical outlet nearby in case a customer wants to try plugging something in.

Display items nicely.
Organize by category, and don’t make customers dig through boxes. Borrow folding table from friends so you can make items easy to see.

Stock up on supplies.
Having a stock of old shopping bags that can be reused encourages people to buy more items. Newspapers are handy for wrapping fragile goods.

Manage your money. Obtain ample change for your cashbox, and have a calculator on hand. Assign one person to man the “register,” keeping a tally of what was purchased and for how much.

Date: April 26, 2017

How to hold a profitable garage saleUnless you lighten the moving load you will be paying a lot of money to have your household possessions packed and moved to the new residence. One of the most efficient ways to reduce clutter is to organize a garage sale and the upcoming move is a perfect time to decide what to keep and what to leave behind. A reduced weight of your shipment means lower moving expenses, so not only will the move cost less, but also the pre-move garage sale will generate additional funds that may be put to good use during the relocation process.

How to hold a garage sale?

Like any other event, a successful garage sale requires a good organization. By following our tips and tricks you can come up with an efficient plan how to organize a profitable garage sale prior to the moving day.

– Make an inventory of thing that you no longer need.

”One man’s trash is another man’s treasure”. Outdated things or items that you may easily replace once you settle into your new home other people may find very valuable. Inspect all often ignored areas in the house – basement, attic, garage, since the items that have been accumulated over the years are likely to end up there.

– Classify all items according to the purpose, use and value. Make sure the items for sale are clean and in good shape so as to get the best possible price.

As strange as it may sound, people are also interested in broken and seemingly undesirable items, so make sure to secure potentially dangerous and sharp goods.

– Compile a list of things for sale along with the prices so that you can keep track of them.

– Attach a reasonable price to each item. Your main goal is to get rid of as many items as possible, not to earn a fortune.

– Be flexible and ready to bargain. People are usually looking for additional discounts, so be ready to lower the prices in order to sell as many products as possible.

– Collect your friends’ and neighbors’ old and unused items so as to make a larger sale. Have other people hold a garage sale at the same time. Chances are that their visitors will come by and see your items as well.

– If there are any local restrictions regarding similar events, make sure you know about them in advance. Get a permit if it’s required so as to avoid unnecessary fees and tickets.

– Set date and time for the garage sale during the first week of the month if possible. Start early in the morning so as to make the most of the day ahead of you.

– Choose an appropriate and easily accessible location with a lot of parking spots.

– Advertise your garage sale and tell your friends, relatives and neighbors to spread the word about the event. Distribute the flyers around the neighborhood and put an ad in the local newspapers including all relevant details like location, date and exact time. Also, social media platforms may work to your advantage.

– Systematically displayed items and a tidy yard or garage are more likely to attract potential buyers. Make your customers feel comfortable while searching through your items. Give your customers enough room to look and shop at the yard sale. Consider preparing some snacks and refreshments for your customers as well so as to add more interest to the event.

– Keep your home safe while holding a garage sale.

– Donate what you cannot sell. There’s no point in bringing the leftovers back into your home after the sale is over. In order to reduce clutter as much as possible, designate a free box containing the items you are willing to give away. Remember, the main goal is to lighten the moving load and pay less for packing and transportation services.

Planning some spring-cleaning over the next few months? Here are five ways to help you cash in.

How to hold a profitable garage sale

Clearing your home of clutter or old and unwanted items is an important task when you’re planning to sell or move house, but it can be also be a great way of simply freshening up and re-organising your home.

If you hold a garage sale after the clean up, you also have a chance to make some extra money and have a fun day with family, friends and neighbours. If you don’t know where to start, the key is planning and preparation. Here are our five tips for a garage sale.

1. Decide on a date
Choose a Saturday or Sunday, three to four weeks ahead. You need time to collect, clean up, arrange and price items. By deciding on a date in advance, you also have a deadline to work towards. Make sure the date does not clash with any major local events or sport activities, and that helpers are free to assist on that day.

2. Start Collecting
Begin sorting through your home for goods you are willing to sell, including everything you want to get rid of. You will be surprised – your junk can be another person’s treasure. Remember, though, that some items may need to be cleaned or repaired to ensure a good price. It’s important that you tell as many neighbours, friends and family as possible that you are having a garage sale, as they may have some items they want to sell and may be willing to help out on the day.

Selling your old things can really add up and is a great way to declutter

3. Spread the word
Advertise in your local paper two weeks before the day, but don’t forget to use social media (many neighbourhoods have their own Facebook pages) or websites such as gumtree.com.au. Facebook has recently launched its ‘Market’ in Australia aimed at helping people find things for sale locally. Ask local shops and supermarkets if they allow signs in their windows, and consider community notice boards.

Also place signage on the corner of your street and main road, either the evening before or early on the morning of the sale. Often your local real estate office will be able to help you with the supply of pointer signs because agents are frequently asked to help their clients with garage sales. Remember to keep all signs and advertisements brief – the day, date, start and finish time and your property address is all that is required.

4. Be prepared
Make sure all items are clearly priced with stickers before the day. Keep pricing simple – saves having to do a lot of adding up on the day. Have plenty of change available, including small change and notes. Money belts are useful for collecting cash or you can use a till as long as it is never left unattended. It is also a good idea to have a calculator, pencil and paper, bags, boxes and newspaper to wrap valuables. And don’t forget to have drinks and seating handy for you and your helpers – it can be a long morning!

5. On the day
Don’t be surprised if you find serious buyers knocking on your door an hour or two before start time. A good ‘official’ starting time is 9am, so that visitors won’t disturb you too early. During the day, remember to keep your house locked at all times, and ensure you have a secure place inside your home to put cash as it accumulates. State a clear finish time so people are not coming too late in the day.
After the sale has finished, donate leftover items to a local charity. By being prepared you will be able to relax and enjoy the day, ending up with a clean house and little extra cash at the end.

Have you ever held a garage sale? Share your experiences.