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People come to garage sales because they want to get a deal. If you have something of real value and want to be paid what it’s worth, consider selling it through another outlet like eBay or Poshmark. Follow the 10%–20% rule. Some people suggest pricing your items at only 10%–20% of their retail value.
How do I price items for a garage sale?
Find 10 to 20 items you want to sell but are not in good condition. For these items, multiply the original cost by 10 percent to arrive at the asking price.
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 I charge for clothes at a garage sale?
Adult Clothes Stay in the $3 to $5 range if the item is in good to excellent condition. Items with original tags still on can go for more, but I’d stay under 1/3 of the tag price. Coats in good condition will be $8 to $15. If they’re well-worn or damaged, think $3–$5.
How much petty cash should be on hand at a yard 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.
What is the best month to have a garage sale?
What’s the Best Time to Have a Garage Sale? The best time is generally spring, especially early spring. Summer is next best if it isn’t too hot. End of summer and fall are often ignored but can also be successful because the weather’s just as nice, and there’s less competition.
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.
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.
What’s the difference between yard and garage sale?
Yard sale vs garage sale There’s no real difference between a yard sale and a garage sale (also called a tag sale or rummage sale). Each involves a homeowner selling items they no longer want. Some take place in the garage. It really depends on the home’s layout and how much the homeowner is trying to sell.
Can you sell crafts at a garage sale?
When you have a garage sale and sell used items, you are generally not required to hold a seller’s permit. You are required to have a permit if you are selling, even temporarily, new or handcrafted items or used items you purchased for the purpose of reselling to others.
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 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 I sell my garage sale items?
When the day comes, make sure you have lots of change and small bills on hand, and follow these additional tips. 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.
How do I keep my garage sale successful?
21 Proven Garage Sale Tips for a Smashing Success Have a goal for your garage sale. Check out the competition. Pick a garage sale date. Start collecting items. Price as you gather items. Use inexpensive tags. Write up a pricing sheet for clothes. Advertise your garage sale strategically.
How much change do I need for a cash box?
Though the exact amount might vary from business to business, make sure to have cash, sometimes referred to as petty cash, on-hand in the morning. For a small business, $100 to $150 should be more than enough. A good rule of thumb is to keep at least $20 in five-dollar bills and $20 in one-dollar bills.
What is the fastest way to organize a garage sale?
How to Organize a Garage Sale Get Rid of Everything You Don’t Need. Organize Your Items. Reorganize Your Garage. Create Lots of Signage. Online Advertising is Key. Create a Fun and Welcoming Atmosphere. Display Your Best Items. Place Price Tags on Your Items.
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.
