Feb 122016
 

A well planned garage sale can put some $$$ in your pocket!

Garage sale todayIf you are planning to move, or just need to make some space, a garage sale (sometimes called a yard sale), is a great way to get rid of unwanted or unused items and pocket a little cash. Here are some general ideas that can help you clean up and get a reward.

Plan

  • It’s not a good idea to have sales on holiday weekends as most people already have other plans.
  • Look for community sales you can join or invite neighbors to join as you have more stuff and can split the advertising costs. More stuff increases a shoppers chance of finding something they like.
  • Check with your Homeowners Association and/or with local ordinances as sometimes a permit or registration is required. Some HOA’s only allow them during ‘community sales’.

Advertise

  • Run an ad in the newspaper and/or post an ad for free on Craigslist, Facebook groups, or other local Internet sites.
  • For larger sales passing out local flyers or posting on local store bulletin boards can draw traffic as well.
  • Put signs out the day before (check local ordnances) and check to make sure they are there the day of the sale. Most of the Indy area has 24 hour rules.
  • Remember, attaching signs to public signs and utility poles is a no-no, they must be free standing.
  • Good signs make a difference as most people are drive bys so make sure they are sturdy and easy to read from the road.
  • If it’s windy or you had a storm overnight go check them right before the sale is going to start. Consider using boxes with weights in them. And make sure and go pick them up after the sale.

Before the Sale Preparations

  • Supply plastic bags or boxes for multiple items. Keep old newspaper handy to wrap up fragile items.
  • Put dogs away as some people are scared or allergic of them.
  • Have a small calculator handy, buyers might otherwise question your addition.
  • Make sure you have room for parking safely on the street or yard area.
  • Place an ‘All Sales Final’ sign to make sure you don’t get people coming back the next day.
  • Have plenty of change at the start, at least $50 in small bills and coins. More if you have a lot of low priced items.
  • Don’t take checks from strangers as you have no way to get your money if the check is not legit.
  • Keep the money on you, not in a cash box as a tempting target. Carpenter aprons are a handy item to keep your money on you.
  • Price everything or at least group them on a table with a sign that says ‘All Items on this Table $5’. Price items in good shape for about a 3rd of what they are new. Make it easy on yourself and price them in even amounts like 50 cents, $1, $5, etc.
  • Provide electric power to test plug in items and batteries in battery operated items.
  • Have some soft music playing so people don’t have to whisper if they are talking about an items price.
  • Provide cold drinks (you can make a little money there) and even snacks as that can help keep people browsing.
  • Make sure all items are clean and neatly arraigned and during lulls in activity be sure and straighten the displayed items.

For the Sale

  • Expect early birds for the ‘professional’ yard sale shoppers looking for the under priced item they know are worth more and they can make a tidy profit from (if you want to discourage them put in the ads ‘Early Bird Pays Double’).
  • Put man items (tools, electronics, sports items, etc) and high dollar items by the street so the woman can get the man to stop.
  • Put broken or items with little value by the street with a sign ‘Free Pile’. This gets people to stop as well.
  • Don’t expect much for clothes, only baby items generally will sell at all. Use cheap hangers for hanging items (like from the dry cleaners) as buyers will probably take the hanger with the item.
  • Be sure and check the pockets as you might sell a shirt for $1 that has a $10 bill in it! As items sell, spread items out to fill in and make it look like you have plenty of items left to sell.
  • Be ready to haggle as everyone is looking for a bargain at yard sales.
  • Towards the end start dropping prices. This is where the price per table is handy. Just start moving everything to the cheap table. You can also box similar items (like toys, games, books, etc) and put a price on everything in the box.

After the Sale

  • Determine what items you want to keep for a possible future sale and box them up.
  • The rest can be donated to Goodwill, The Salvation Army, your favorite charity, or the trash man.
  • Don’t forget to go pick up the signs! Then sit back and count the money!
  • And if this is in preparation of moving, call The Derrick Team and we can help you with the next step, staging your home to sell and of course helping you market your home to buyers!

Call or text The Derrick Team at 317-563-1110. We work 7 days a week!

Download our free Garage Sale Tips Booklet here

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