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How do you price garage sale items?
Follow the 10% Rule There is an unspoken rule in the garage sale world: You never charge more than 10% of the retail price. So this means if you bought a product for $20, you shouldn’t charge more than $2 for the item at your garage sale.
What should you not sell at a garage sale?
What NOT to Sell at a Garage Sale Quality jewelry, silverware, antiques, collectibles or paintings. Better quality clothes. Similarly with big furniture items (beds, sofas, etc) and anything over $50. Don’t sell underwear at a yard sale. Don’t sell illegal goods, unsafe or recalled goods.
How much should you sell clothes for at a yard sale?
WOMEN’S CLOTHES — Generally, we suggest $1 per article of clothing and allow people to mix and match as they see fit. However, high-end business attire should certainly be individually marked between $5 and $10 for the whole set — just make sure it’s still in style.
How much should I price baby clothes at a garage sale?
Baby & Children’s Clothes 25 to 50 cents for well-worn clothes, especially if there are any blemishes, holes, or stains. Onesies in particular are going to be a dime a dozen on garage sale weekends, so I recommend 50 cents for onesies. If it’s a Baby Gap or other high-end brand in good condition, $1 is okay.
How much money should you have on hand for a garage sale?
I’ve found that most people at yard sales carry mostly $1, $5 and $20 bills and of course, quarters. I’ve hardly ever found anyone that carried dimes. In fact, I try not to even price anything in my yard sale less than $0.25 but sometimes I have like a notebook and price it for $0.10.
How do you determine the price of a product?
How to calculate product selling price by unit Calculate the total cost of all units purchased. Divide the total cost by the total number of units purchased – this will provide you with the cost price. Use the selling price formula to calculate the final selling price.
What’s the best time to have a garage sale?
Friday, Saturday and Sunday mornings are usually the best time to hold your garage sale. Here’s an insider garage sale tip: Consider scheduling it on the first weekend of the month—a lot of paychecks go out at the end of the month, so people will have cash to spend.
How can I get the most money for my yard sale?
7 Ways to Make the Most Money From Garage Sales Be Organized. Too many garage sales are a haphazard collection of stuff. Don’t Put a Price on Anything. Get the Word Out. Go Through Your Stuff. Start on Thursday or Friday. Be Friendly. Think About Security. Garage Sale Tips.
Are yard sales worth the effort?
While garage sales can absolutely help you earn money, they work best when you have time to spare and plenty of good stuff to sell. In our current season of life, I have neither of those things. Earning extra money is important, but sometimes, time matters most of all.
Should you price items at a garage sale?
Follow the 10%–20% rule. Some people suggest pricing your items at only 10%–20% of their retail value. It may seem low, but it’ll move your inventory quickly.
What sells best at estate sales?
But estate sales offer the potential for finding lots of great stuff you can either use in your home or sell for a profit. 01 of 06. Art Prints and Paintings. RG-vc / Getty Images. 02 of 06. Kitchenware. JotWu / Getty Images. 03 of 06. Small Appliances. 04 of 06. Books. 05 of 06. Jewelry. 06 of 06. Conversation Pieces.
How do you price used items?
50-30-10 RULE: Near-to-new items should be sold for 50 percent of their retail price; slightly used items at 25-30 percent of retail; and well-worn items at 10 percent of retail.
How much should I sell my toddler clothes for at a garage sale?
Usually around $2-4 depending on the item (some were sets). For most other things I did 50 cents per item, fill a bag for $5 and put out plastic grocery sacks.
How do you show items at a garage sale?
Card tables, TV trays, even upside down cardboard boxes (sturdy ones) and crates work wonders as a means for displaying your items for sale at a garage sale. Similarly, blankets (of various sizes), rugs, sleeping bags, sheets, old bedspreads, even beach towels can be used to display items out on the lawn.
How much do Legos sell for at garage sales?
It’s hard to determine the value of Lego since it depends on many factors. For example, if you can find an entire set, box included, you can likely resell it for 60% of its original price. You could also sell assorted Lego pieces by the pound, typically at $5 to $10 per pound.
How do you make a yard sale table?
Use wooden saw horses to create tables with an old door or window shutters. Space the horses far enough apart to support the doors or shutters. Cover the door with an old sheet. These makeshift tables are strong enough to display larger items such as an electric mixer, toaster, blender or coffeemaker safely.
How much of a float for a garage sale?
There’s a very general rule that floats around garage sale pricing circles: price things at one-third of their ‘buy new’ price. This, of course, can’t be applied to everything. For instance, your 20-year-old television may have cost $600 new, but you’ll be lucky to give it away at your garage sale.
How do you get a moving sale?
Contents Invite a Few Friends to Help. Do Your Homework. Organize Your Sale in Department Store Style. Advertise, Advertise, Advertise. Put a Price Tag on Everything. Delineate Your Yard Sale Space. Let the Kids Help. Be Prepared to Make Change.