garage sale tips for pricing

Many charities, such as Goodwill and the Vietnam Veterans of America, accept donations of used clothing and secondhand furniture. Everyone has leftover stuff after having a garage sale. Remember: Youre trying to make extra money here. Winter jackets, snow boots, and other seasonal items could be worth quite a bit, though it can also be tough to close a sale during the summer. You can set out tables, blankets, boxes and storage containers or even lay a board over two sturdy boxes. If you cant find some of the merchandise youre selling at local sales, a good rule of thumb is to charge no more than one-quarter to one-third of what a similar product would cost to buy new. Instead, most folks are expecting to pick up smaller items like flatware and dishes. Aim to have all your items priced the night before the sale. Teacher Appreciation Card Thanks a Latte Printable! Forget about how much you paid originally or how valuable it has been to you or any sentimental attachment you have. First, check out websites like Yard Sale Search and Yard Sale Treasure Map to find local sales. The Latest News on Student Loan Forgiveness. Nowthats what we call a successful garage sale. If you dont have time to make homemade goodies, head to Costco & buy a couple water packs & some of their baked goods. To walk this fine line, you need to research typical garage sale pricing in your area. The better organized your items are, the easier it will be to sell those items. She has written about personal finance and shopping strategies for a variety of publications, including ConsumerSearch.com, ShopSmart.com, and the Dollar Stretcher newsletter. If you have really pricey merchandise, such as antiques or jewelry, it might be worth paying to have them appraised before setting a price. Add the following snippet of code to the top of your .htaccess file: # BEGIN WordPress Learn more about . . Find more money each month with our 14-Day Money Finder! The same is true for action figures in their original packaging. For example, put all your kitchen items on one table and kids toys on another table. The prices may differ, for example, depending on the condition of the item, so keep that in mind, but overall, it is a great guide with reasonable prices to ask for various household items.I love having a guide like this so that I know that I am in the right ballpark for what I am wanting to price my items. You want to make it as easy as possible for them to shop your sale. When setting prices for your yard sale wares, dont make the mistake of thinking about what they mean to you. People wont even consider buying your antique floor lamp if your listing doesnt have a picture. And with these garage sale tips, you can get organized, price your stuff fairly, and end the day with profits in hand. Or check out services like Square or Stax so you can accept card payments. Even if your garage sale is a roaring success, its doubtful every single item on your tables will sell. Post something inside your communitys Facebook group, list items on Craigslist or eBay, or share them on apps like Swap, OfferUp and VarageSale. This is key to having a successful sale to make sure that you have enough traffic with people coming thru your sale. Garage Sale Tips One of the hardest parts of holding a garage sale is knowing how to price your items so that you can sell as many items as possible while still making some money off your items, too. Decide ahead of time if you will accept personal checks, but its probably not a good idea. Maybe youre trying to ramp up your speed toward that Debt-Free Scream. However, if you have a bunch of mass-manufactured items that could be bought anywhere, consider offering a bulk rate to anyone able to take it all off your hands at once. Your price should likely be around 10 to 15 percent lower than the cheapest available item. Youll find that serious collectors will buy no matter what the cost. Below is a guide showing your bottom-line price and how much you could put on the price tag:Your bottom-line priceThe price for your price tag$20$25 or $30$15$18 or $20$10$12 or $15$5$6 or $8$2$2.50 or $3$1$1.50 or $1.75$0.50$0.75Best Garage Sale Pricing Tips for 2Please enable JavaScriptBest Garage Sale Pricing Tips for 2022 [Make More $$$] - Best Garage Sale Tips: More Profitable Garage Sales, People make a living from buying things cheaply at garage sales and reselling them for a much higher price on eBay or other online auction sites. It is so helpful as it goes thru each of the categories of items you might sell & approximate amounts to try to sell them. Sometimes, a friend or relative cant help you with your sale but still wants to contribute to it. This way, you are maximizing your sales price and the buyer thinks theyre getting a bargain. Garage Sale Pricing Guide: 10 Tips for Putting the Correct Price I sold $400 before the yard sale and $600 at the yard sale! Rachel said: Price items ahead of time, as you pull them out for the sale. The starting price is likely to be negotiated down, as the day goes on and as buyers dwindle. Ask your friend for both a suggested price and the minimum price theyll accept so youll know what to say to buyers who want to haggle. These are the people who are serious about garage sales & know a great deal when they see it! If you want to make sure your garage sale is seen on the listings, the YardSales.net site also offers an upgrade to Featured Listings. You can also check out our article on Best Items To Buy at a Garage Sale, to get a better idea of things folks are looking for. Calculator. Hang up any clothing items you are selling especially adult clothing. Put up fliers near furniture stores and universities, where people are shopping for a bargain and have a sense of adventure for pre-owned items. If youre having trouble deciding what price to set for something, a good rule is to shoot for about 10% of the retail price. If you have the original receipt, the best bet is to affix it to the back of the piece and ask for that price. Display items nicely and keep them well organized. Period. WebPricing - Best Garage Sale Tips: More Profitable Garage Sales Pricing Best Garage Sale Pricing Tips for 2023 [Make More $$$] One of the hardest decisions you will have to If a friend or neighbor also lacks enough stuff to make a sale worthwhile, you can team up and hold a single sale. To find the prices buyers are willing to pay, do some research. Also, if they are shopping a neighborhood sale, they may have been shopping for awhile. So toddler items should be priced a bit higher than baby itemsbut they're all inexpensive. Lets take a quick look at the typical garage sale pricing categories: Adult Clothes Used, $3-5. When working with WordPress, 404 Page Not Found errors can often occur when a new theme has been activated or when the rewrite rules in the .htaccess file have been altered. Learn how to keep it safe. Youre about to make some extra cash and gain extra space. Or, you could just drag it outside and tack up a few signs. By giving your items a little TLC, you will be able to sell more items and people will see that you have nice, quality items to sell and more willing to stick around & peruse all your items for sale. Steve & Annette Economides are NY Times Best Selling Authors of 3 books, YouTube Creators and Family Finance Experts. If your initial price is $10 then mark it as $20, cross this out and write $10 beside it. Youre finally ready to part with those clothes youve never worn? We also have many more tips that will help you run successful garage sale (like where to advertise and how, and many more). 1. Unfortunately, you WILL still get a lot of customers who dont notice (or deliberately ignore) the sign and ask you how much items are. Men's wear can typically sell for under $20, depending on the size and durability. If you need an objective opinion, ask a friend what theyd pay, or do a quick online search to check the current value. 4. Or your $5 item could end up on the $1 table. Clothing racks or even hanging a pole between two ladders (get creative) to hang dresses, skirts, coats are the best ways for people to see what you have. Most garage sale shoppers prefer items to be individually priced rather than having to ask you for the price each time. Use few words, thick bold lettering & large arrows The problem with many garage sale signs is that people try to put too much information on the signs. Obviously summer is one of the most popular times to have a sale, but many folks are also looking heavily in the spring as they want to enjoy those summer mornings & spring cleaning is often where they are clearing out their items & maybe looking to refresh some things in their house with new decor and more. Add balloons to the signs you can head to the dollar store & get mylar balloons to make your sign stand out even more. Also, price things at reasonable prices. Or if you want to be really kind to your budget, just pick up a permanent marker and masking tape and get to pricing your items. Just browse online for similar products to learn the going rate. If you dont use it or wear it often (or you forgot it even existed), it probably needs to go. If I know its a sale where you have to make an offer, Im more apt to leave & not even look as I dont like to guess on what people are wanting to charge. If you really want your stuff to sell, youve got to make it look nice. You can account for this tendency to haggle by setting the initial prices just a little on the high side. If youre having a group garage sale and similar items are being sold and they are in the same condition, agree on a similar price. You will see that the table includes low and high estimates of value. . You want to charge the maximum shoppers are willing to pay, but at the same time, you have to avoid chasing buyers off with too-high prices. Sell your stuffand maybe even earn a little money. If you try to group like items together (put all kitchen gadgets, dishes, utensils on the same table; decor & picture frames together, etc), it will be easier for people to look thru your items, especially if they are looking for something specific. How To Price Garage Sale Items 2023: A Quick Guide + Tips You cant have a successful garage sale if youre driving customers away with high or unclear prices. Price Your Items Price Every Single Thing . Dont be sentimental about your stuff and overprice it in the process. If a buyer has stopped by your home, then there's no need for shipping, handling, or delivery. A successful sale takes lots of Name your price. Cost of living varies by region, so research first by browsing local thrift shops and other sales in your area. Your Guide to Side Hustles: How to Save Money Faster, Home Decor You Should Thrift Instead of Buy New, According to Experts, The 81 Best Amazon Deals on Patio Furniture, Spring Fashion, and More This Easter Weekend. If you have a collection of well-kept items, like stuffed animals, dolls, action figures, video games, baseball cards, etc., you could be sitting on a gold mine. Find our full Privacy Policy on this page here. I often get my poster board at the dollar store. Otherwise, you could be looking at a hefty fine, which kind of cancels out what youre trying to do here! And heres another yard sale tip: Dont forget to check the forecast before you hang up signs around the neighborhood. Have a variety of change Stop at the bank the night before & get both dollars & coins so you wont be stuck when people bring cash to the sale. its time to clean it out. Thats far less than minimum wage. It seems like it would save a lot of time to just use blue stickers for $0.25, green for $0.50, yellow for $1, and so on. Otherwise, you might need to hire an appraiser to inspect for any markings that could indicate the current market value. Think Like a Merchandiser Make a great first impression with a sale that's well laid out and attractive. They served their purpose, and you dont need the clutter. When you encounter a 404 error in WordPress, you have two options for correcting it. (2023 Update), Best Garage Sale Pricing Tips for 2022 [Make More $$$] - Best Garage Sale Tips: More Profitable Garage Sales. Tips for Having a Successful Garage Sale:: 1 Advertise Well The more ways you can advertise your sale beforehand, the better to get the word out about your Retail stores do it so why not in your garage sale too. What would be too much? Web5 Tips To Make a Garage Sale Easier Here are some additional pricing tips that can make the day of the sale more manageable. Yard sale shoppers dont care that you originally paid $200 for that designer outfit or that those china teacups were a wedding gift from your Great Aunt Louise. 404 means the file is not found. Wash clothing and fold it nicely or hang it up. Sometimes, several writers and editors have contributed to an article over the years. Garage Sale Garage Sale Pricing How to Advertise Your Garage Sale Your email address will not be published. Dont let anyone into your house to use the bathroom or get a drink of water. Or the other option is to wear a fanny pack. So, for example, lets say you have some books to sell. This will reset the permalinks and fix the issue in many cases. So price your items so theyll sell. Or post about your event online on Yard Sale Search, Garage Sale Finder, Facebook neighborhood groups, or Facebook Marketplace. Give yourself some wiggle room to offer flash sales if, in fact, everything must go. Be mindful that you want your sale to be the talk of the townfor the right reasons. You can ask them to cut it down for you to make a 2 x 2 square (or cut this at home) 2 pieces per sign. . ..- . If something needs batteries to run, fill it with some half-used batteries (or even new batteries if you want to be nice) so the buyer knows it works. . Bigger items call for bigger price tags. However, there may be a few goods on which you prefer to state a firm price rather than leave room for haggling. If not, correct the error or revert back to the previous version until your site works again. This is a very fast way to price items but still have them organized & priced for the shoppers to easily know how much something costs. Make sure that the items you are selling are looking their best. Look around for ways to make a deal. In these cases, add the word firm to the label, as in $20 firm, so buyers dont waste their time and yours trying to negotiate. Visit your local stores and note the prices of the items similar to yours and price yours at least half. It is easier to sell a lot of $1 $2 items than trying to sell a few higher priced items. You know that closet in the hallway that you avoid? Who can resist a pint-sized entrepreneur? All opinions are 100% mine. Dont base By learning how to price garage sale item, The kids can sort and help the day of the sale as well. And dont forget to stock your checkout area with plastic grocery bags and newspaper to wrap up fragile items. It makes your day easier because you arent constantly interrupted with the same question, How much is this?. Keep track of salesespecially important if this is a multifamily event. If you dont have a friend with a truck, schedule a donation pickup. Whatever you do, make sure breakable items are supported on a stable surface. RewriteEngine On 10 Tips for an Awesome You want big & bold lettering (block style so its easy to read) so people can see them while they drive quickly by. Please read our disclosure policy here. Instead, put a label on the object acknowledging the flaw, such as lamp does not work, and price it accordingly. Most shoppers are well-meaning people just out looking for a good deal. Not all buyers like to bargain, and some will simply walk away from something that looks overpriced. How to Price Garage Sale Items Turn Your Clutter Into Cash Make sure you have some later too. Using color-coded tags or stickers on items and having a big sign on the wall describing what each color represents (eg yellow=50c, blue=$1, etc) is sometimes used. People will think they are already getting a bargain. This is a great time for your kids to man the refreshment table people love seeing kids being little entrepreneurs & gives kids great experience in learning how to deal with money & talking with people, too. Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. If youre trying to declutter your home for instance, because youre preparing to move or making space for a new family member then your goal is to clear out as much stuff as possible. Here are some garage sale tips for the day of the sale: You dont want to lose a sale just because you dont have some spare George Washingtons floating around (thats dollar bills, folks). Why? Unless it's designer, women's wear goes for less, typically under $15, given Garage Sale Pricing We are based in the greater Seattle / Tacoma area. The one you open very slowly in fear something might fall on you? For example, if you spend 15 hours preparing for a yard sale and only make $15 in total, all your work earns you just $1 per hour. Without clear labels, youll spend most of the day dealing with queries from shoppers about what things cost. Money to make change. Shoppers wont be interested in buying something from your garage sale if they can get the same at a cheaper price at the local Salvation Army or Goodwill store. Package them up individually in baggies and then you can even make a little profit by selling them. -Adult clothes: $3-5. Garage Sale Tips and Tricks! {Pricing + Set Garage sales are popular because customers know its generally where they can get lower prices for household items. The price you put on the tag isnt necessarily the price you should expect buyers to pay. The easiest way to edit a .htaccess file for most people is through the File Manager in cPanel. While many people set prices around the full retail value of their unused or gently worn items, you have to consider competitors. Dont make the buyer search for a tiny sticker on that armoire youre selling. (Who isnt?) According to guides published by Real Simple and The Spruce, yard sale pricing varies widely by region. Use Categories to Appropriately Price Items. The Spruce Crafts offers a guide to learn more about the value of old and well-kept porcelain dolls. If you cant bring yourself to price an item at garage sale prices described below, dont include it in your garage sale but try selling it through one of thesegarage sale alternativeslike a classified ad in your local paper, online auction sites or consignment outlets. All you really need is to let them know its a Garage/yard Sale, the address of the sale (if its further away & they need to follow signs for awhile) & possibly the times of the sale. Zero-based budgeting is a method of budgeting where your income minus expenses equals zero. Garage Sale Friday mornings are typically your busiest times, when you will find the serious garage sale folks, who do their research & search the websites ahead of time to map out a plan of action of where they will go. If youre not sure how to price a garage sale item, here are some pricing suggestions to get you started: Baby Clothes. Make a deal with your teen: If they gather up their unwanted items to sell, youll let them keep whatever cash they make. Other things can find a new home through your local Freecycle group. 11 / 14 red mango/Shutterstock Your email address will not be published. You dont want to accidentally spend all that money you worked so hard to earn. If its garage sale season, start surveying the competition. Start your selling day with $50 in ones, $30 in fives, $50 in tens, $60 in twenties, and $10 in quarters (one roll). To get rid of adult clothes that no longer spark joy, make sure that the apparel you're selling is clean and in good condition. Other advantages of having a joint garage sale are: However, holding a joint sale also makes pricing more complicated. Stop by the bank the day before your sale to stock up on change and $1 bills. is what youre trying to sell in-season or out of season, what is it being sold for in surrounding garage sales, flea markets and rummage sales. Make sure your pricing signs are clear and noticeable. Want to make extra cash? Now that youve set a date and priced your stuff, its time to sell! Among other things, we may receive free products, services, and/or monetary compensation in exchange for featured placement of sponsored products or services. Yeah . Stick it in your budget and give it a job. Use sandwich boards to be able to place them in the best locations for people to see them. 23 Garage sale tips to help you get the sale going and have fun doing it. As most haggling is usually just a split-the-difference exercise, to end at the highest possible finishing price your initial asking price should start as high as you can without scaring away shoppers. During your preparation for the sale, one of the biggest challenges will be pricing the items. Whatever the purpose for your garage sale, keep that big-picture reasonand an amountin mind. After you check out a few, youll start to get a sense of your neighbors (aka customers) and their spending habits. At the end of the sale, you can tally up the total value of the blue and red stickers and divvy up your earnings accordingly. *If youd like to be able to carry them easier, buy some flat nylon strapping (webbing) & cut it down into pieces to make a handle. When they see their kids making a beeline for the toys in the free box, the parents will be more inclined to stop and check out the rest of the sale. Price furniture based on its condition and age, but also advertise in the right places. To save time, you can use blanket pricing for items like clothing, books, games, or anything you have lots of. By using sandwich boards, you dont have to worry about signs blowing away or not being able to place the signs where you want them. Sale Tips See the Section on 404 errors after clicking a link in WordPress. Plus, as I mentioned before, people love being able to browse more than 1 sale at a time & make a morning of their shopping. Suggested price: $1 to $3 for items that are gently used or in good condition, and less than $1 for well-worn items, Suggested price: $3 to $5 (more if the item still has tags on it), Suggested price: 50 cents to $2 (but if you think the jewelry is valuable, have it appraised first), Suggested price: $1 to $2 for hardcover and 25 to 50 cents for paperback, Suggested price: $10 to $30 for low-quality pieces (a dream for people looking for. Once your piles are made, pull out all the items you sorted to sell. Of course, everyone knows that garage sales are final, but neighbors are also gossips. Dont be sentimental about your stuff and end up overpricing it. Dont worry about pricing anything right nowjust focus on sorting and getting organized. If anything youre planning to sell has flaws that wont come off with a good cleaning, such as a crack or chip in the paint, dont try to conceal them. Use an old toolbox or a crafting caddy as your official cashbox. Sure, you can sell your stuff on Facebook marketplace. Theyre not worth much anyway, and they attract the attention of children who dont have any money to spend. During our garage sale last summer, our neighbors ended up bringing out several big-ticket items that not only helped to draw people in when they drove by (as our bigger items werestarting to get more picked over) but I also was able to add it to my website pictures & listings for people who were searching for specific items. That way it is much quicker to get things out for the sale day. If you have receipts, it can help to hold on to them and to share with future buyers. Tag Sale Supplies Checklist WebGarage Sale Tip #12: Organize the garage sale well everything should be easy to find. All Rights Reserved. 31 Garage Sale Tips and Tricks! {Pricing + Set Up Ideas} Garage Sale Pricing For example, if you have $.50, $1, $5 , $10 tables & then you put everything that is that price on the same table. This will give you an idea of what price range to aim for. One of my favorite ways to spend a spring or summer day is to hit up a garage sale on a Friday or Saturday morning if its a big neighborhood sale, even better I could spend hours at those! If they offer a benchmark price that includes the cost of pick-up, then that's the price to beat at the garage sale. Pile it all into one box, and label it free in big, bold letters. Pricing - Best Garage Sale Tips: More Profitable Garage Sales All they care about is whether the price is a good deal for them. One of the hardest decisions you will have to make is what garage sale prices to put on your items. RewriteBase / -Use Pre-Priced Stickers Another easy way to price items is to buy the pre-priced stickers so simple to use! 6 Ways to Make Money from Your Unwanted Baby Gear, The Best Bean Bag Chairs for Kids, Tested by Kids, The 9 Best Baby Registry Services for Expectant Parents, 27 Ways to Save Money When You Have a Baby, 4 Apps to Track Household Donations for Tax Write-Offs, The Modern Parent's Guide to Cloth Diapering, 9 Baby Items You Don't Really Need to Buy, 11 Cheap (Or Free) Winter Activities To Do With Kids, 10 Unique Family Activities to Do With Your Kids, Newborns AreGoing Home in Fake Car SeatsHere's What Parents Need To Know, 4 Pros and Cons of Booking Disney Travel With Costco, The 14 Best Step Stools for Kids, Tested by Kids, The 10 Best Changing Pads for Home and Away.

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garage sale tips for pricing

garage sale tips for pricing