How to run a garage sale
A garage sale is a good way to get rid of unwanted items and earn some extra money. There is nothing difficult in organizing a garage sale, and the right prices, advertising and communication with buyers will become additional components of success.
How to prepare goods
Select items to sell. Go through all the boxes of things in the attic, outbuilding, basement and garage to select items for sale. Walk through all the rooms in the house to find unnecessary things.
Some things are not easy to part with, even if they are not used. If a thing has never been useful to you within a year, then it probably won’t be useful anymore.
Sell anything you no longer need or like, including clothes that don’t fit properly, unused utensils, outdated game consoles, shoes, crafts, picture frames, and more.
People are ready to buy anything. Aside from items that are in high demand (toys, old tools, books, antiques, and kitchen utensils), don’t be afraid to put things up for sale that no one seems to want. In the worst case, no one will buy the thing, but you can get rid of it so that it does not take up space in the house.
Make sure that the goods are relatively clean and intact, including so that people do not get hurt. Nevertheless, you can try to sell broken things. You will be surprised, but many people buy broken metal products, bent hoses, old doors and other seemingly useless things. Some items can be given away for free.
Take inventory. Make a list of all the things you plan to put up for sale. Many people skip this step, but a list of products will save you unnecessary headaches.
Next to each item in the list, enter a price. Price tags often get lost during a sale, and putting together a fair price on the go can be tricky, especially when asking questions at the same time or helping friends run a sale.
The more items for sale, the more important it is to make an exhaustive list of things.
The list will help you keep track of the availability of goods and prevent theft.
Rate the products. Review your entire list and quote fair prices.
Set low prices if you really want to get rid of old stuff. More valuable things are usually valued at a quarter of the original price of the goods.
For individual items, you can charge a higher price (practical new items, valuable collectibles or antiques).
Remember that the primary goal of a garage sale is to get rid of unnecessary items, not to make a big profit. Buyers will be interested in profitable offers. If you don’t want to end up with the same number of items after a sale, offer shoppers the prices they expect. Some people are not willing to pay more than 10% of the retail price for items on sale. Set attractive prices to really earn.
If you are not ready to name a specific price, say: “Bid your price” – and write these words on the price tag. Keep in mind that some buyers will deliberately quote ridiculously low prices. You can also use the $50 or Best Offer option if you don’t want to drop the price below a certain level.
Prices can be changed. Usually it all depends on the number of buyers and demand for the product.
Stick price tags on items. Each product must have a price tag with clear numbers. In this way, you can protect yourself from constant questions and prevent confusion among buyers.
Bright price tags will simplify the task for buyers and save your time.
Buy adhesive price tags or a price tag gun. As a last resort, you can fix paper price tags with tape or use homemade price tags.
If you have a lot of similar items at the same price, like books, CDs, audio and video cassettes, then you can put them in one box and write the price per unit on the box. For example, write on a box of books “30 rubles per book.” Interested buyers will view all of the books in the box, and some collectors may offer a wholesale price for the entire set.
Offer the widest possible range. So, buyers prefer big sales. People may not even get out of the car if they find the assortment insufficient. The more fans of garage sales, the higher the chances of attracting the attention of ordinary passers-by, interested in a large crowd of people.
Invite friends, family, and neighbors to list their items for sale. Perhaps among your acquaintances there are those who want to sell a few things who do not want to arrange their own sale. In this case, friends, relatives and neighbors should also make lists of things to avoid subsequent disputes and disagreements.