Yard Sale Money-Making TipsOne key difference between a money-making yard sale and one that’s a dud is how the hosts go about the entire process. It actually begins with what seems like an unorthodox approach. This is why garage sales generate an astounding $4.2 million in weekly revenue, according to Consumer Reports. The conventional wisdom usually undermines the entire effort while those who are creative see a lot more cash tumble in through the event.
Garage sales are a ton of work, from picking through every room in your house to find things to sell to hauling an endless amount of stuff outside. The reality is that most sellers are lucky to end up with a few hundred bucks. So are those stories of garage sales that net four figures just suburban legend? Not necessarily. Garage sales are a ton of work, from picking through every room in your house to find things to sell to hauling an endless amount of stuff outside. The reality is that most sellers are lucky to end up with a few hundred bucks. So are those stories of garage sales that net four figures just suburban legend? Not necessarily. —Today.comIf you’re going to host a yard sale, now is the time to start with a storage unit cleanout to offer as much as possible. The point being, you want to bring a wide variety of items to sell to keep visitors browsing about longer. After all, the more time someone spends looking around, the more likely they are to make a purchase. To make the event as successful as possible, use the following yard sale money-making tips:
- Advertise smartly. The terms “Garge Sale” and “Yard Sale” imply offloading junk and odds and ends. But, “Estate Sale” and “Moving Sale” give an entirely different impression. It’s also important to advertise widely and early on, both with physical signage and online, as well.
- Price stuff wisely. You shouldn’t even try to make a profit on what you’re selling. The real goal is to offload as much stuff as you can and that means pricing wisely. Price to entice and don’t take negotiating as an insult. Expect a little haggling and take it in stride.
- Team up with your neighbors. There’s definitely power in numbers and the more participation there is between neighbors, the better. The event will attract far more people and it also creates a more exciting environment.
- Start the sale on Thursday or Friday. Most people begin their sales on Saturday and some opt to start on Sunday. But, starting it on Thursday or Friday are actually better times, particularly if it begins at 6 a.m. or 7 a.m. You’ll be seen by school and work commuters and that will benefit you greatly.
- Engage visitors and be friendly. Don’t spend your time reading a book, talking on the phone, or on social media. Mingle with people who visit and be friendly. Your efforts will result in more sales and for more money.