Hearthside Happenings

Garage Sale 101

How to declutter your home and make some extra $$$.
Posted: August 10, 2018 by Rebecca Nutt

Who doesn’t love a garage sale? Whether you’re the host trying to make some extra cash or the shopper trying to find a great deal, garage sales are a win-win for everyone.

Not only are garage sales ideal for earning a little extra money, but it’ll also help declutter your home and add extra storage space for other items! And if you’re transitioning to moving out, a garage sale will help you get rid of household items you probably don’t need to take with you.

Check out these four tips on how to have the best garage sale and make the most out of your time:

1. Pick the Right Time

You wouldn’t throw a party at 9 a.m. on a Wednesday morning would you? It’s important to schedule your garage sale to try and get the most traffic. According to The Penny Hoarder, it’s crucial to schedule your sale at the perfect time. Think about it: most garage sales are on weekend mornings. Try and schedule your sale at a different time to ensure more people will make a pit-stop at your sale. But don’t go too far off from the norm! For example, most people work, and holding a garage sale on a Monday morning might result in no traffic whatsoever.

2. Get Organized

You don’t want to wait a week before to start prepping for you garage sale. Start getting items and supplies together at least a month before. Go to each room in your house and collect items you don’t want or haven’t used in ages (the ugly vase you received as a  gift can go - we won’t tell).

Once you have all your items, store them in the right spot and have them ready to put out when the day arrives. Also, prep some tags and signs in advance so when the time comes everything can be put out accordingly.

3. Advertise Your Sale

People will more than likely not show up if they don’t hear about it, right? Make sure to spread the word about the sale! If you’re on social media platforms, blast it out on your own personal channels and also use community groups as a way to let people know for free.

If you’re willing to spend some money, you can also run a Facebook Ad to reach more people. Craigslist is another great place to advertise if you want to reach a wider audience.

Another classic way to make your sale known are signs around the neighborhood! Actually - they’re a must. Without them, people might not even know which house to go to. You see them everywhere, so make sure to put them in spots that they are likely to be seen and where no one else has placed them. Be sure to get permission in the spot, too.

4. The Price is Right

Pricing your items reasonably is key to having a successful garage sale. The DIY Network came up with a general rule to help you with how to price your items: 50-30-10. Think of it as new items getting 50% of their original retail value, slightly used items getting 30% and used items getting 10%. They also suggested offering a “Buy 1, Get1” deal for items such as books and CDs - an option that’s very appealing to buyers.

Are you having a garage sale because you’re interested in moving? Contact a Coldwell Banker Hearthside agent in your area today to get all the help you need to get you started.

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