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With the summer season approaching one of the fastest ways to make money and declutter your home at the same time is by having a garage sale. I was able to make about $700 in just a few hours from only having a one-day garage sale.
How to Get Started
Start by decluttering your home of things that you no longer use, need or is just taking up too much space. While decluttering start by separating your items into different boxes labeled “garage sale items”, “donate items”, “keep” and “sell online items”. By sorting out your stuff into designated boxes it will help save you time by not having to go back thru and re-sort everything later.
Once you have a good amount of items to sell in a garage sale make sure to go ahead and label your items with some price stickers or use some masking tape and write down what you think is a fair price for each item. It’s always a good rule of thumb to label your items since you may get customers who may be too shy or uncomfortable to ask what you want for an item or take the time to try to find the right person to ask. You don’t want to lose out on a potential sale just because you haven’t labeled your items.
Location, location, location! You have heard this before for real estate and the same thing applies when having a garage sale. If you live in an isolated, hard to find or get to area or even if you live outside of town chances are you may not get as many customers had you had your garage sale somewhere in town. If this applies to you, maybe have a combined garage sale at a friend’s or family member’s home that is in town or better located.
Combine Garage Sales
If you find that you may not have as many items to sell as you thought you would for a garage sale, why not team up with others and have a multi-family garage sale at one prime location. By doing this it not only gives potential customers more incentive to go to your garage sale but it also creates more curb appeal for someone driving by.
If a potential customer sees that there are hardly any items for sale when driving by then the less likely they will be to stop to take a look around since they may think that it will be just a waste of their time.
If you do decide to have a multi-family garage sale, then be sure when you are labeling to somehow differentiate whose stuff belongs to whom. You can do this by having each family have a different colored label or by just putting their initials on the label.
Be sure to also designate one person to collect and keep track of the money from the garage sale. It can get too confusing to keep track of money when you have multi-people collecting money for not only for their stuff but for others as well. Just have that one designated person also keep a list of whose stuff sold and for how much.
There are now multiple advertising opportunities that don’t have to cost a lot of money. Aside from advertising in your local paper, you can also advertise your garage sale for free on Craigslist, your own personal Facebook page and on your local town/city’s trading Facebook group page. If you advertise your garage sale on your own Facebook page be sure to include that sharing your post would be appreciated.
In your advertisement include not only where it’s located but also include sought after garage sale items that you may be selling such as furniture, washer/dryer, and refrigerator. Also include any soft after brand name items that you will be selling.
Offer An Incentive
More than likely there will probably be multiple garage sales going on in your town/city the same day that you will have yours, so to make yours more appealing offer an incentive for customers to come to yours first.
For instance, advertise that your garage sale will be selling fresh coffee and donuts while supplies last. If your budget permits, offer them for free. I have also seen some garage sales offer incentives such as breakfast burritos and cinnamon rolls.
Set up Signs
Be sure to set-up some garage sale signs the day before your garage sale around the area where it will be held. This will give you more advertising by being seen by people driving by who live in or near the area.
Always make sure that the information that you put on your garage sale sign can be read easily by someone driving by. I cannot tell you how many times I have driven by a garage sale sign that I was unable to read and didn’t bother going to. Keep your signs simple and don’t clutter it with unnecessary information.
The morning of your garage sale be sure to also put up poster signs with arrows leading the way to your garage sale. This will be helpful to those who may be unfamiliar with the neighborhood and you don’t want to lose out on a potential customer just because they couldn’t find where your garage sale was.
Garage Sale Curb Appeal
Having garage sale curb appeal is also something to think about. Place your large sought after items such as furniture closer to the front of the lawn for people to see. Also, place your folding tables where you will be putting your stuff on the outside of your garage and on the driveway where people driving by can see it. People will be less inclined to just drive by if they see that you have a lot of items that may be worthwhile for them to stop and take a look around for up for sale.
If you are selling clothes put them on clothing racks or make a clothing line in your garage to hang them on. You have a better chance of selling your clothes if they are hung up somewhere on hangers rather than putting them on tables, in boxes or on the ground for your customers to have to sift through.
If you have done any online advertising for your garage sale, while your garage sale is still going on advertise on those online areas again. Take pictures throughout your garage sale and put them up on craigslist and FB. And when your garage sale slows down advertise again on Craigslist and FB and offer 50% off everything or $2 a bag.
What do you do with your leftover items?
Sort through any items that are left over and either donate them or sell them on Ebay, Craigslist or on your on local FB group. I have actually have had people who have contacted me on FB after posting pictures of items that didn’t sell saying that they came to my garage sale but regretted not buying that item and wondered if they could still buy it.
These are a few ideas to get you started with having a profitable garage sale. What are some tips that you have for a profitable garage sale?