Tips for a Profitable Garage Sale
The arrival of summer is an ideal time to clean house and declutter. Making a few extra bucks can’t hurt either. Planning a garage sale can be the perfect way to achieve both.
Here are a few ways you can turn your next garage sale into a profitable experience.
- Advertise. The most important part in planning your sale is getting people to attend. First, check with your municipality about permitting needs and whether there are any sign guidelines. Place brightly colored signs in your neighborhood, advertise in the local newspaper or online at Craigslist.org, and post flyers in high traffic areas, such as your church or work bulletin boards. According to an online article at Today.com, advertising five to six days prior to the sale will attract the most seasoned shoppers.
- Price things right. Customers are expecting to find a deal. Make sure you haven’t priced your items too high, even though they may hold sentimental value. A good tip is to price as you declutter your home, and group things into similar categories.
- Know what sells. As a general rule, furniture, kitchenware, tools and sporting goods sell the best at garage sales. Toys, games, and children’s clothing can be another draw.
- Presentation. Bugs at the bottom of boxes or cobwebs on items are not appealing to people. Display small items on a table and hang up clothing if possible. Putting the price on the top of the item is also suggested. Shoppers can immediately see how much something costs if they are interested. Remember to mow your yard. The better your home looks, the more desirable the merchandise is to buyers.