WebAbout MoneySmartFamily. Unless it's designer, women's wear goes for less, typically under $15, given because of hygiene concerns. During our garage sale last summer, our neighbors ended up bringing out several big-ticket items that not only helped to draw people in when they drove by (as our bigger items werestarting to get more picked over) but I also was able to add it to my website pictures & listings for people who were searching for specific items. It just doesnt work and you wont be able to maximize your sales. For high-value items like vintage clothing or furniture, check listings on sites like Craigslist and eBay to see what prices similar goods are fetching. It makes your day easier too as you have already decided on your asking price for each item. Whatever the purpose for your garage sale, keep that big-picture reasonand an amountin mind. Selling old things can be a way to make quick cash, but garage sales can also be ripe for under-valuations and pricing mistakes. Check online marketplaces like eBay and Craigslist to see what similar items are selling for. And with these garage sale tips, you can get organized, price your stuff fairly, and end the day with profits in hand. General Rule of Garage Sale Pricing During your preparation for the sale, one of the biggest challenges will be pricing the items. But if you're trying to get top dollar for your household goods, then the latter two options are off the table. Sometimes a toy is just a toy, but in other cases, it is an antique or collectible. According to the garage sale pricing guides from Real Simple, The Spruce, and Angi (formerly Angies List), some benchmark prices for specific goods are: To make prices clear for your customers, label each item individually with a tag that clearly shows the price. If you do need a permit, most places make it super simple: You can easily apply online, and you usually dont have to pay a fee. It seems like it would save a lot of time to just use blue stickers for $0.25, green for $0.50, yellow for $1, and so on. . To avoid this problem, you need to make all your prices clear upfront and those prices should be attractive enough to persuade buyers to open their wallets. You dont want to accidentally spend all that money you worked so hard to earn. Get the kids to add a swirl of glue and sprinkle with glitter. The more ways you have to display items, the better! Advertise on free sites likeYardSales.Net & GSalr.com List your garage/yard sale on these two FREE websites, they will also share your garage sale listingon the GarageSaleTracker.com, GarageSaleFinder.com, and YardSaleSearch.com websites. Have enough small bills and coins on hand to make change for your cash-paying customers. Garage sale shoppers are people who love a bargain, and theyre not shy about trying to negotiate for a lower price. Hang up any clothing items you are selling especially adult clothing. We provide some details on that with the Ultimate Garage Sale Pricing Guide, and more! -Use Pre-Priced Stickers Another easy way to price items is to buy the pre-priced stickers so simple to use! If someone only wants 3 then its still $1 so they might as well pick another book. Over the years, I have also held many garage sales with my family and now with my husband for our own family. Fill bicycle tires and basketballs with air. . Heres what is included with the featured listing: To have a successful garage/yard sale, good signs are a must! You will too. They are very easy to read as you can put them right up close by the road on the grass between the sidewalk and road. 6 Ways to Make Money from Your Unwanted Baby Gear, The Best Bean Bag Chairs for Kids, Tested by Kids, The 9 Best Baby Registry Services for Expectant Parents, 27 Ways to Save Money When You Have a Baby, 4 Apps to Track Household Donations for Tax Write-Offs, The Modern Parent's Guide to Cloth Diapering, 9 Baby Items You Don't Really Need to Buy, 11 Cheap (Or Free) Winter Activities To Do With Kids, 10 Unique Family Activities to Do With Your Kids, Newborns AreGoing Home in Fake Car SeatsHere's What Parents Need To Know, 4 Pros and Cons of Booking Disney Travel With Costco, The 14 Best Step Stools for Kids, Tested by Kids, The 10 Best Changing Pads for Home and Away. Maybe youre selling your stuff to make extra cash for a big purchase, to save for that vacation, or to boost your goal to pay off debt. It is so helpful as it goes thru each of the categories of items you might sell & approximate amounts to try to sell them. This way, you are maximizing your sales price and the buyer thinks theyre getting a bargain. Tips for Having a Successful Garage Sale:: 1 Advertise Well The more ways you can advertise your sale beforehand, the better to get the word out about your By using sandwich boards, you dont have to worry about signs blowing away or not being able to place the signs where you want them. Just seeing the word free attracts peoples attention. They served their purpose, and you dont need the clutter. Dont be sentimental about your stuff and end up overpricing it. It can draw in shoppers who would typically pass by a sale without stopping. Learn how to keep it safe. Wipe down kitchen items, wash clothes so there arent stains, dust off furniture, add batteries to items so that folks can see it works and fix anything that can be easily fixed. You should do research first (eg check eBay) to get a reasonable price for this type of item. Putting all similarly priced items on the same table with one sign above the table saying All items on this table $1 might be easier initially for you but when a customer comes up holding an item to buy which tables did it come from? Amy Livingston is a freelance writer who can actually answer yes to the question, "And from that you make a living?" For example, put all your kitchen items on one table and kids toys on another table. If a friend or neighbor also lacks enough stuff to make a sale worthwhile, you can team up and hold a single sale. Forget about how much you paid originally or how valuable it has been to you or any sentimental attachment you have. If you have a teenager, you know its hard to get them excited about most things that happen early on a Saturday morninglet alone a garage sale. As the day wears on, youre likely to see the initial flood of shoppers slow to a trickle. Avoid your garage sale becoming a never-to-repeat nightmare. WebBe realistic about what people will pay at a yard sale. Dont forget to leave some room to write the price. Heres an insider garage sale tip: Consider scheduling your sale on the first weekend of the monthwhen people have just reloaded their personal spending and fun money for the month. All rights reserved. Yepdont be afraid to trash things! If youre sick of looking at it and dont want to haul it all back inside, its time to donate. its time to clean it out. Web5 Tips To Make a Garage Sale Easier Here are some additional pricing tips that can make the day of the sale more manageable. If youre up for the extra legwork, hop around your neighborhood and knock on some doors. A garage sale can be a great way to meet your neighbors, and hopefully you'll accomplish two goals while you're at it: Get rid of unneeded possessions and earn a little money. The key to doing both is following garage sale pricing best practices. Its easy to pass up DVDs or books at $1 a pop. Include a short description of the item (one or two words) on the price tag too. You dont want to be competing against each other in the same garage sale. The content on Money Crashers is for informational and educational purposes only and should not be construed as professional financial advice. By learning how to price garage sale item, Yard sale shoppers dont care that you originally paid $200 for that designer outfit or that those china teacups were a wedding gift from your Great Aunt Louise. The morning of the sale, get up early and do a little setting up. For example, shirts $1, pants $2, dresses $3. Instead, consider printing out the record of an eBay listing for something similar and taping it to your lower-priced merchandise to show buyers theyre getting a good deal. If youre having a group garage sale and similar items are being sold and they are in the same condition, agree on a similar price. Please choose a value within this range that is in keeping with your items relative age and quality. For everything else, keep it organized, clearly priced and easy to sort through. According to guides published by Real Simple and The Spruce, yard sale pricing varies widely by region. Whatever you do, make sure breakable items are supported on a stable surface. So, why not cut them in on the profits? When I was growing up as a military kid moving every two years, garage sales were an effective way for us tokeep the clutter from getting out of control. Display clothing in complete outfits when you can. WebPricing - Best Garage Sale Tips: More Profitable Garage Sales Pricing Best Garage Sale Pricing Tips for 2023 [Make More $$$] One of the hardest decisions you will have to Also stickers can be hard to get off later and people will use this fact to argue a price reduction. Not only is this a good amount to get your sale started, it makes it easy to quickly calculate your profit. Getting $5 for a set of dishes obviously isnt as good as getting $10, but its better than getting nothing. Nobody likes being ignored either. -Toys: $1-3. Otherwise, you might need to hire an appraiser to inspect for any markings that could indicate the current market value. Use Categories to Appropriately Price Items. Disclosure:This post is sponsored by GSalr.com and YardSales.net. You can also check out our article on Best Items To Buy at a Garage Sale, to get a better idea of things folks are looking for. Your Inventory Record can be used to check that the price of the item being bought is the correct price and the tag or sticker hasnt been swapped with a low cost item. If you have really pricey merchandise, such as antiques or jewelry, it might be worth paying to have them appraised before setting a price. By using colors, you can separate prices between items (green = $1, red = $.25, blue = $.50, etc). Before you set your picnic table and lawn chairs in the front yard, you have to choose a pricing strategy that will set you up for success. So price your items so theyll sell. (Who isnt?) Adult clothing $1 to $3. But if you want to make money, take care to walk that fine line. Just keep a pitcher of complementary water outside and point them in the direction of the nearest gas station if they need a bathroom. Refer toSigns for the garage that sellfor more tips when making signs for high-priced items. The Latest News on Student Loan Forgiveness. . When setting prices for your yard sale wares, dont make the mistake of thinking about what they mean to you. This is ultimately the BEST time to have a sale! Display items nicely and keep them well organized. Once your piles are made, pull out all the items you sorted to sell. 2023 Lampo Licensing, LLC. A good rule of thumb for yard sale pricing is 10-20% of the items original value for smaller items, and up to 40% for larger items like furniture and electronics. . If you have antiques, collectibles, and other unusual items at your garage sale, this will be a definite hit with garage sale enthusiasts. Its time to get rid of that stuff and increase your income. 2023 Best Garage Sale Tips | Make Money, De-Clutter, and Have Fun, The 2 Golden Rules for Garage Sale Pricing, Price Garage Sale items below Thrift Store Prices, Help sell high-priced items with price comparisons, Cut down on the coin you will need by grouping items, Dont be lazy and just put all items of the same price on a table, Use tie-on tags instead of stickers to price items, Make your own eye-catching garage sale price tags, Consider recording your items and prices on a separate Inventory Record, Consider NOT using the color-coding method to price your items, But consider using color-coded tags in a group garage sale, Best Yard Sale Sign Ideas and Tips for 2023 Success, How to Set up Your Garage Sale (Layout Tips for More Money). It would be good to use balloons at key intersections or locations that are close to you to get people to turn down your road. Im sure these best garage sale tips will help you: Get rid of ALL your clutter. If anything youre planning to sell has flaws that wont come off with a good cleaning, such as a crack or chip in the paint, dont try to conceal them. Or check out services like Square or Stax so you can accept card payments. Either way, please contact your web host immediately. Nowthats what we call a successful garage sale. So while there are many ways to make your garage sale more appealing from proper signage to ample parking the price tag will have the most significant impact on your actual sales. If you try to group like items together (put all kitchen gadgets, dishes, utensils on the same table; decor & picture frames together, etc), it will be easier for people to look thru your items, especially if they are looking for something specific. Youre about to make some extra cash and gain extra space. Shh. If you dont have time to make homemade goodies, head to Costco & buy a couple water packs & some of their baked goods. Opt instead to sell your items individually via the internet where you can make a larger profit. If you have a popular or collectable item that you think will get snapped up quickly in your garage sale, you should mark it with an even higher starting price. Make sure to use all the same color between your signs so its consistent so they know they are following the same signs for the sale. See the Section on 404 errors after clicking a link in WordPress. Make sure to have the code for the colors posted close to the tables of items so people dont have to ask for every color. Parents usually aren't thinking about holding on to things for very long and they don't want to predict if a growing tot will be able to fit something in a few months' time. My husband jokes that it actually pains me to drive by a sale when we dont have time to stop as I just love the thrill of finding a good deal or a unique find. Keep grocery or shopping bags on hand for folks who might want to buy multiple things. In my opinion, it is very important to price things. Dont let anyone into your house to use the bathroom or get a drink of water. Make sure whatever youre selling looks attractive. You cant have a successful garage sale if youre driving customers away with high or unclear prices. By clicking Accept All Cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Place each price tag in a spot where its easy to see. When a sale is made, you can easily record the sale on theInventory/Sales Record. Yepsomebody will probably want those too. Jewelry 50 to $2. We also have many more tips that will help you run successful garage sale (like where to advertise and how, and many more). Just be sure toalwaysinclude pictures of your items. Think Like a Merchandiser Make a great first impression with a sale that's well laid out and attractive. Then stop by a couple to see what theyre charging for products similar to those you have to sell. A successful sale takes lots of Follow save checklist for an most successful garage product possible previous the substantial move! All opinions are 100% mine. 2023 Money Crashers, LLC. Now, with my own family, we try to regularly have garage sales to get rid of the clutter & extra items that we always seem to have, as well as a way to make some extra money, especially during times that weve struggled more financially or as ways to save up for vacations or other important things in our budget.