It is that time of year, time to dig through your attics, basements, storage units and more and scrounge up all that old stuff to hold your very own Garage Sale!! When you need to either store or get rid of a lot of "stuff" to make your house look its best while on the market, holding a garage sale may be the ideal solution. Not only will your current house stage easier, but you will lighten the load of what needs to be moved to the new home - and make money in the process.
To be successful, a garage sale requires some planning and preparation. In fact, planning the sale may be the key to its success.
Planning the Garage Sale
I once knew a real estate agent who was so excited over her first listing that she planned to hold an open house the weekend after the home went on the market. She did no advanced planning – just chose the date. Nobody showed up at the open house – not even one person. It turns out that she was holding her open house on Super Bowl Sunday and the local team happened to be one of the teams playing.
When you settle on a date for the sale, dig out the local TV listings to ensure that there isn't a major sporting event that will be televised on that day. Also make sure there isn't a local event, such as a popular festival or parade. Although there are a lot of die-hard garage sale fans, even they will skip a sale if there's something else competing for their attention.
The Yard Sale Queen suggests that if you have a major corporation in your area, find out when the employees get paid and hold your sale the weekend after payday.
Here are a few other things to consider during the planning stage:
- Have everything ready the night before the sale so that you're not running around in the morning.
- Sketch out a plan for the sales floor, allowing room to move between aisles and ensuring that you can see all items from your perch.
- Make a list of each item you're selling and the price you'll be asking. During the sale, cross out each item sold and make note of the price received.
- Price items clearly.
- Ensure that you'll have sufficient help the day of the sale and that everyone is in agreement over pricing and bargaining policies.
- Have an extension cord on hand so that customers can test electrical items.
- Save grocery bags in the weeks leading up to the sale so that you can bag the items your customers purchase.
- The Yard Sale Queen suggests that you go through all the pockets of clothing you plan to sell, check compartments in handbags, and fan books to make sure there's nothing of value, or even old credit card receipts that may contain private information.