garage sale tips for pricing

//garage sale tips for pricing

While many people set prices around the full retail value of their unused or gently worn items, you have to consider competitors. Once theyve stopped, theres a better chance theyll check out your other merchandise too, and these additional sales can more than make up for the handful of nickels and dimes you might have managed to get for your free stuff. Web5 Tips To Make a Garage Sale Easier Here are some additional pricing tips that can make the day of the sale more manageable. However, there may be a few goods on which you prefer to state a firm price rather than leave room for haggling. WebA final word. If you're trying to get rid of newer toys that your kids recently discarded, you won't need an appraiser. what about sports equipment- golf bags, golf clubs, sports balls, baseball items,etc.. If you really want your stuff to sell, youve got to make it look nice. -Adult clothes: $3-5. Visiting a couple of local thrift stores can provide valuable intel as well. -Toys: $1-3. These Are the 30 Best Amazon Deals for Every Part Of Your Home This MonthUp to 68% Off, Our Step-by-Step Guide to Making Your Dream Room Design a Reality, These 39 Must-Shop Target Deals Include Easy-to-Assemble Furniture, Appliances, and MoreUp to 57% Off, The Ultimate Supplies Checklist for Your Tag Sale, The 18 Best Places to Buy Art Online in 2023, How to Sell on Facebook Marketplace Successfully, These 12 Sites Offer the Best Online Classes for Adults, The 20 Best Places to Buy a Couch of 2023, The 10 Best Moving Companies for When You're Relocating to a New State, 5 Facebook Marketplace Buying Tips You May Not Know About, The 8 Best Moving Companies for Small Moves. When it comes to garage sale pricing, youve got to put yourself in the shoes of the buyer. Whether you're emptying your appliance garage or just clearing out the mudroom, this tip sheet will help you to get it done. Putting labels on every product at your sale may seem like a lot of work, but it will save you trouble on the day of the sale itself. When you have a missing image on your site you may see a box on your page with with a red X where the image is missing. Thats right. If your neighborhood has a yearly sale, make sure to be prepared & ready to go as this will be when you get the largest number of visitors to your sale. . Check out the infographic below from Gsalr.com, which is the Ultimate Yard Sale Pricing Guide. Wellnot yet anyway. Retail stores do it so why not in your garage sale too. 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. The price you put on the tag isnt necessarily the price you should expect buyers to pay. Heres how you can get ready for your big garage sale day: Before you prep for your yard sale, check your city or county government website for permit requirements in your area. We also have many more tips that will help you run successful garage sale (like where to advertise and how, and many more). Yepsomebody will probably want those too. And if an item is too used to donate, put it in that big bin at the end of your driveway, aka your trash can. Putting all similarly priced items on the same table with one sign above the table saying All items on this table $1 might be easier initially for you but when a customer comes up holding an item to buy which tables did it come from? Once you make your signs, you can then use these year after year & just replace the poster board on them if needed. Rainy days keep the buyers away! Plus, as I mentioned before, people love being able to browse more than 1 sale at a time & make a morning of their shopping. Instead, consider printing out the record of an eBay listing for something similar and taping it to your lower-priced merchandise to show buyers theyre getting a good deal. It is also possible that you have inadvertently deleted your document root or the your account may need to be recreated. Its always so much easier as a customer tofind those sales with multiple sales all within a close proximity to each other. Its easy to pass up DVDs or books at $1 a pop. Garage sales are popular because customers know its generally where they can get lower prices for household items. . ..- . Teacher Appreciation Card Thanks a Latte Printable! Spring is also when you will find the most neighborhood garage sales. 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. However, if you expect buyers to purchase products individually, its best to price them that way. 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. If you dont have that many things to sell or many high-value items, your sale probably wont bring in enough money to make it worth the trouble. Before deciding how to price your merchandise, think about the purpose of your yard sale. Calculator. Save my name, email, and website in this browser for the next time I comment. Hosting a garage sale can turn rarely used items into extra cash for a big splurge, paying off bills, or donating to a good cause. Many charities, such as Goodwill and the Vietnam Veterans of America, accept donations of used clothing and secondhand furniture. When you get a 404 error be sure to check the URL that you are attempting to use in your browser.This tells the server what resource it should attempt to request. Research comparators and consider online pre-sales before lugging heavy items to the yard. Fanny pack or carpenter's apron. Give yourself some wiggle room to offer flash sales if, in fact, everything must go. If they offer a benchmark price that includes the cost of pick-up, then that's the price to beat at the garage sale. But an $80 sweater (in perfect condition) for $15? Title is larger in size than regular listings. See our disclosure policyfor more details. Cost of living varies by region, so research first by browsing local thrift shops and other sales in your area. After you check out a few, youll start to get a sense of your neighbors (aka customers) and their spending habits. What would be so cheap you felt like you stole it? And research similar items before you price yours so you can get an accurate idea of what to ask for. 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. *Buy 2 drawer hinges (per sign). If your neighborhood doesnt have a regular sale time, think about starting one up or at least talking to those folks on your street & surrounding streets to see if they would be interested in holding one together. People will think they are already getting a bargain. As a general rule of thumb, price garage sale items at about 10 percent20 percent of their current retail price. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners. If its of no value to you anymore then that is its true value anything more will be a bonus. You will need enough to fit your hand to hold them & place it between the top of the two boards. And other things can be up-sold because they're just no longer available on the market, but your garage sale prices should land somewhere in the middle. Beyond good advertisingthe digital kind on social media and the old-fashioned, neon-poster-board kind you put around towngarage sale pricing is the factor that can make or break your event. Garage sales do take some work ahead of time with organizing items & then pricing them,but you will have much more success if you make sure to price items or at least categories of items. You wont have to work nearly as hard at advertising (although I still recommend putting your own ads & signs out so you will stand out & people will make sure to head to your house during the sale). And place a mirror near the clothing and accessories. Stick it in your budget and give it a job. , . Opt instead to sell your items individually via the internet where you can make a larger profit. Because they can easily be found at thrift stores, consider pricing your items to move by looking at the cheapest available alternatives in your region. I like to compromise by using blue painters tape, which is cheaper than individual stickers and still easy to spot. Put Up Lots of Signs There are plenty of garage sale-goers that regularly scope out neighborhoods for deals. Dont worry about pricing anything right nowjust focus on sorting and getting organized. The same is true for action figures in their original packaging. The morning of the sale, get up early and do a little setting up. Thanks to these garage sale tips, you should have a successful yard sale from start to finish. Look for the .htaccess file in the list of files. The smaller the child, the less time they'll really use it anyway. If someone makes a purchase with a large bill, its best to give it to a family member to take inside for safekeeping. According to the garage sale pricing guides from Real Simple, The Spruce, and Angi (formerly Angies List), some benchmark prices for specific goods are: To make prices clear for your customers, label each item individually with a tag that clearly shows the price. If you want to advertise in the local paper or church bulletin, do it at least a week in advance. Works for all items of any price but more so for higher-priced items. For kids' gear, even with the tags on, expect items to sell for less than $3. You will too. Dont mess with coins. 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. However, if your main goal is to earn extra cash, then pricing your goods is a little trickier. Keep an extension cord handy for buyers to test out appliances that need an outlet. Start your selling day with $50 in ones, $30 in fives, $50 in tens, $60 in twenties, and $10 in quarters (one roll). Right click on the X and choose Properties. You can set out tables, blankets, boxes and storage containers or even lay a board over two sturdy boxes. 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. Toys $1-$3 for most items. Unless it's designer, women's wear goes for less, typically under $15, given small circular stickers or other sized stickers, DIY: Homemade Dishwasher Soap & Rinsing Agent. The 10% Pricing Use Categories to Appropriately Price Items. Want another hint for having a successful garage sale? The better organized you are, the faster they can browse everything you are selling & find things they want to buy. Be sure to have plenty of nickels, dimes, quarters. It would be good to use balloons at key intersections or locations that are close to you to get people to turn down your road. WebHere's a list of fairly standard prices for garage sale items: Books Paperbacks 25, hard covers $1. Make it easier for shoppers to buy by accepting digital payments. Thats why people wake up early on Saturday mornings to buy your castoffs. 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. Wipe down kitchen items, wash clothes so there arent stains, dust off furniture, add batteries to items so that folks can see it works and fix anything that can be easily fixed. Scrape the mud off your kids old soccer cleats. You can even encourage shoppers to buy more by offering bulk pricing, such as six books for $5. What do you do if a customer comes up with a number of items from different tables? 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. 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. (You may need to consult other articles and resources for that information.). If you have younger kids, get them involved by letting them set up a little side hustle like a lemonade stand or bake-sale booth. Post signs at both ends of your street and at nearby busy intersections where a driver can easily read them. Dont make the buyer search for a tiny sticker on that armoire youre selling. Keep it realistic by pricing items a quarter or a third of what they would cost brand new. You can buy simple pricing stickers and blank labels at the dollar store or any office supply store. Stand out on the map with a star map icon. Welcome to Thrifty NW Mom! When this happens, consider dropping your prices not just by accepting lower offers but on the price tags to make your merchandise more appealing. If you have a high-priced or valuable item, like furniture that appears in catalogues, cut out the ad and attach it to your item too or include a copy of the original paperwork. Just seeing the word free attracts peoples attention. Group all the clothes by size. Just make sure to have the code by your cash box so you remember all the prices. Everyone wants a deal (who doesnt?). You can account for this tendency to haggle by setting the initial prices just a little on the high side. And if you like convincing people that your trash is their treasure, then there's nothing quite like the thrill of a garage sale. Its a good idea to keep the doors of your house locked during the sale. Want to know one of the top garage sale tips to remember when pricing? The content on Money Crashers is for informational and educational purposes only and should not be construed as professional financial advice. It just doesnt work and you wont be able to maximize your sales. It can draw in shoppers who would typically pass by a sale without stopping. WebRemember to do your research, price to sell, use clear and consistent pricing, be willing to negotiate, consider the condition of your items, price larger items, and be prepared to For example, shirts $1, pants $2, dresses $3. If you have more sellers involved, you might bring in more browsers! Or the other option is to wear a fanny pack. Visit your local stores and note the prices of the items similar to yours and price yours at least half. And if you dont have a budget yet, start for free with EveryDollar! Larger photo thumbnail to attract more attention. Its true, cash is always king, but taking other forms of payment can help with sales. Also, if youre not too thrilled about the idea of strangers stopping by your front yard (or if you want to split some of the workload), team up with another family on your block or check with your neighborhood association to see if a community sale is coming up. All they care about is whether the price is a good deal for them. They are experts in their fields who research, test and clearly explain the best recipes, strategies, trends and products. 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. Parents usually aren't thinking about holding on to things for very long and they don't want to predict if a growing tot will be able to fit something in a few months' time. 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. RewriteCond %{REQUEST_FILENAME} !-f The general rule is to mark each item at Shh. You dont want to be competing against each other in the same garage sale. Im sure these best garage sale tips will help you: Get rid of ALL your clutter. If they stop to look at the sales, there is more chance they might find a hidden deal they might not have seen from driving by. Theyre not worth much anyway, and they attract the attention of children who dont have any money to spend. First, check out websites like Yard Sale Search and Yard Sale Treasure Map to find local sales. How to Advertise Your Garage Sale Please read our disclosure policy here. Your main goal here is to get rid of the junk and find a permanent home for the stuff youre going to keep. Which is more important to you: clearing out clutter or maximizing your profits? Ask yourself, If I needed this, what would I be willing to pay for it? In the long run, its less work to price everything individually. Otherwise, you could be looking at a hefty fine, which kind of cancels out what youre trying to do here! Also, the earlier the start, the cooler the temperature will be. Put out a request on Facebook or to friends & family asking if you can borrow tables and/or racks. If you build it, they will come. To find the right person who comes prepared (with a U-Haul or pick-up truck) for bulky items, you'll need to have gotten the word out early to the right people. Here are 27 awesome examples. You don't want people to stumble upon something they love only to discover a stain, burn mark, or trash in its pockets. You should do research first (eg check eBay) to get a reasonable price for this type of item. By sharing both the work and the money, you can bring your hourly earnings up to a respectable level. Kids' items generally include gently used clothes, toys, and baby accessories. Do your research before you sell. Looking for some easy ways to make extra money? If you need an objective opinion, ask a friend what theyd pay, or do a quick online search to check the current value. 1. If you have receipts, it can help to hold on to them and to share with future buyers. Stop by the bank the day before your sale to stock up on change and $1 bills. The one you open very slowly in fear something might fall on you? *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. Dont price items expecting people to ask you to go down. Be mindful that you want your sale to be the talk of the townfor the right reasons. Observe how theyre pricing their CDs, antiques, books, etc., and think about how successful their If this doesn't work, you may need to edit your .htaccess file directly. Most garage sale shoppers prefer items to be individually priced rather than having to ask you for the price each time. Unfortunately, you WILL still get a lot of customers who dont notice (or deliberately ignore) the sign and ask you how much items are. Here are some tips, based on the type, age, and condition of your pre-loved items. If you dont use it or wear it often (or you forgot it even existed), it probably needs to go. Keep the smaller bills in a cashbox or on your body with an apron or fanny pack. Place each price tag in a spot where its easy to see. Or, you could just drag it outside and tack up a few signs. A list of essentials to assure a successful garage sale. 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. "If you paid $80 for something, you'd better start out selling it for $40," says Barry. You will put the two hinges at the top of the two boards to hold them together & then you can stand them up. WebAbout MoneySmartFamily. Make it big, noticeable and attractive to the buyer. Also, price things at reasonable prices. Make sure that the items you are selling are looking their best. Dont set the starting price high and expect your customers to haggle you down. Now youve got yourself a deal. Not only is this a good amount to get your sale started, it makes it easy to quickly calculate your profit. Have a designated person sit with the cash box or wear a fanny pack One of the things you have to be careful of (especially if you get a big crowd in the mornings when you open) is not leaving your cash box alone while youre talking to customers. If youre having trouble deciding what price to set for something, a good rule is to shoot for about 10% of the retail price. You want big & bold lettering (block style so its easy to read) so people can see them while they drive quickly by. And dont forget to stock your checkout area with plastic grocery bags and newspaper to wrap up fragile items. 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. . This will give you an idea of what price range to aim for. Even if you remember it was originally supposed to be $5, shoppers who thought they were getting an incredible deal are likely to be annoyed when you reveal the real price. Similar to toys, art and trinkets might need an appraiser's eye. If not, correct the error or revert back to the previous version until your site works again. You can sell online on Facebook marketplace or Craigslist, bargain with neighbors on the Next Door app, or drop everything off with a charity. Put the custom structure back if you had one. Another option: Use colored stickers and hang up a chart that specifies the cost by color. Price in Increments Use simple pricing Do sell I do a lot of shopping at garage sales. Post on estate sale websites and tell your friends and neighbors a week (or more) in advance that your sale will be popping up. In this example the image file must be in public_html/cgi-sys/images/. As the day wears on, youre likely to see the initial flood of shoppers slow to a trickle. You will see that the table includes low and high estimates of value. Now, so much of a yard sales success is dependent on where you live, what kind of stuff youre selling, and the weather forecast; but by implementing these garage sale tips, you are much more likely to have a smooth and stress-free sale that is super profitable too! By learning how to price garage sale item, Everyone has leftover stuff after having a garage sale. Then stop by a couple to see what theyre charging for products similar to those you have to sell. . Not all buyers like to bargain, and some will simply walk away from something that looks overpriced. Given inflation, the same amount is worth less, making it a fair starting point. For example, if something retails for $50 and your item is in near new condition you would price it at $10 or $5 if its in a worn condition. How to find the correct spelling and folder, 404 Errors After Clicking WordPress Links, From the left-hand navigation menu in WordPress, click. You can try renaming that file to .htaccess-backup and refreshing the site to see if that resolves the issue. Worse still, sneaky shoppers could deliberately move things from the $10 table to the $1 table in hopes of getting them for less than theyre worth. 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. Pricing your goods clearly while also leaving room for haggling can mean the difference betweenturning your clutter into cash and having to haul it all back to the attic. 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. Even if your garage sale is a roaring success, its doubtful every single item on your tables will sell. Group items on separate tables. Keep track of salesespecially important if this is a multifamily event. If you price something at $6 when youd accept $5, buyers who offer you $5 will feel like theyve scored a bargain, and youll still get the price you want. The kids can sort and help the day of the sale as well. Holding a garage sale is a lot of work. Without clear labels, youll spend most of the day dealing with queries from shoppers about what things cost. The only time that I use boxes or containers is for displaying books (if I dont have a shelf) you can put the spine up so people can see the titles to read quickly. . Follow these steps to make a zero-based budget each month. One of the hardest decisions you will have to make is what garage sale prices to put on your items. Neon colors work best (hot pink or yellow or green). Name your price. Avoid your garage sale becoming a never-to-repeat nightmare. Your email address will not be published. If youre up for the extra legwork, hop around your neighborhood and knock on some doors. You may get a 404 error for images because you have Hot Link Protection turned on and the domain is not on the list of authorized domains. When you encounter a 404 error in WordPress, you have two options for correcting it. The goods will probably be poorly organized, and even if I manage to find something worth buying, Ill have to hunt down the seller just to find out what it costs. Men's wear can typically sell for under $20, depending on the size and durability. It doesnt work. What would you pay for that item at a similar garage sale? 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. Making some extra cash is easier than you think! During your preparation for the sale, one of the biggest challenges will be pricing the items. Remember those grab bags at the store when you were little? But if you offer them at four for $2, youre sure to catch someones attention. If you have to use stick-on labels, usepainters masking tapeor easy peel-off low-stick labels and dont stick them on until just before the garage sale. The key is following good garage sale pricing. Old posters, figurines, and even snow globes could be worth a pretty penny to a collector, even if they're an eyesore to you. 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. They served their purpose, and you dont need the clutter. If you still have some higher-dollar items left at the end of the day,sell your stuff online!

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garage sale tips for pricing

garage sale tips for pricing

garage sale tips for pricing