Spring is here. And with it comes your great opportunity to get rid of items that don’t bring you joy and more importantly, to get back the money you’ve spent on them. The answer?
Start now to spring clean and declutter your house. Need some help?
Use these 10 savvy decluttering tips from Marie Kondo.
What’s so great about yard sales?
They’re a whole lot of work! I hear you say.
True, true. But they’re worth it.
Need motivational tips to get started? Use these 6 secrets to convert your clutter into cash!
Why yard sales?
#1 You get to make more money.
You don’t need to pay a commission to a consignment store or an online sale platform (unless it’s Craigslist, which is largely free to list on). By holding your own sale, you should make more money.
#2 You get rid of tons of unwanted items in the shortest amount of time.
#3 You get back a reasonable amount of cash fast.
According to the New York times, you can potentially pocket about $500 to $1000 by holding a yard sale.
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How do I make good money from yard sales?
#1 Plan, Plan, Plan
Good planning is a must.
Set aside some time to plan and organize.
Brainstorm your ideas. Think of your personal experiences when you visited yard sales.
-Were you happy buying from other yard sales? Why or why not?
-What made your own experience enjoyable? What did those sellers do?
Write your ideas down.
Organize your to-do list and start with what you have to do first.
-When are you holding your yard sale?
-How much time do you need to prepare?
-How will you arrange your tables and boxes?
-What are the things you need to get ready for your yard sale?
I’ve included a list of things you’ll need to make your yard sale hassle-free. Click to learn more.
As for markers, why not consider water-resistant ones that work well on different surfaces? It’s clever to think ahead. You’ll want to use them for future purposes.
Decide how many pairs of helping hands you need to keep watch on stuff, manage the cash register, greet customers and answer questions from visitors.
You also need to get ready some small change. Remember to stock a money box with enough change.
A word of caution: Don’t accept huge notes like a $100 bill when someone buys a small item costing just a few dollars. That $100 bill may be a counterfeit bill!
Make sure your house is locked for security reasons.
That means all doors and windows should be closed and locked.
Don’t be complacent. Visitors can sneak into your place and make off with your valuables when your attention is distracted.
Set aside enough time to go through your items.
To simplify, sort out your stuff into 3 main boxes first.
One for your yard sale. Another box for things you want to keep, and the last for donation.
What to do with stuff you feel guilty about selling?
If you’ve an old chest your favorite aunt gave you, take a photo of it.
Say a grateful thanks for it in your heart, the time it has graced your home and a fond farewell. Keep the photo as a memento and sell the old chest for cold cash 🙂 especially if it’s taking up too much space in your home.
There’s no right or wrong answer whether you should price your items.
Personally, I prefer to know the price before paying.
To get an idea of how much you should price your items, check out Statricks.com.
It pulls prices from Amazon and other online sites such as Craigslist and eBay. This gives you a good idea about the fair market value of the things you’re selling.
When should you have a yard sale?
Hold it on a good money-making day, which means a Saturday near the 1st or 15th of the month, which is usually people’s payday.
Arrange your wares for easy browsing.
For instance, group same-priced items like books going for $1 on a table. Display a prominent sign with the price indicated.
If things do not sell quickly, be willing to lower prices near the end of the yard sale. It’s better to make slightly less and get rid of your clutter, than to have to haul your stuff back into your garage or basement!
Place your yard sale signs in prominent places with heavy traffic.
Think key intersections, near your street or hang flyers with tear-off info in public spaces like church noticeboards or grocery store.
Before posting, find out about the area rules and ordinances. You don’t want trouble form your local authorities.
Never put up your actual address. Just your street name is enough.
Why shouldn’t you give your address?
Not giving your address prevents annoying things happening. Such as super early birds turning up way before you have started your yard sale and knocking on your door, hoping to get the best pickings.
Several days before your yard sale, place your advertisements in your local newspapers, local community centers or newspapers if they’re free.
Make sure your physical signs are clear. For example, have black printed words against a yellow or white background for maximum visibility.
#9 Join forces to hold a monster yard sale
Combine your yard sale with neighbors at one location, or have several yard sales on one street on the same day. Doing this attracts many more punters to your yard sale, and increases your transactions 🙂
For the latter, assign each family stickers with a different color to mark the ownership of sale items.
Stick tags on a tally sheet as items sell.
An elderly neighbor and I decided to hold a combined yard sale.
We even bought items off each other! She bought a dress I had hardly worn for her granddaughter, while I bought an indoor plant from her 🙂
Our combined yard sale was so successful that we decided to hold another one a year later. We took turns to hold our yard sales in our front yards.
If you’ve friends who want to sell but are too busy, you can charge a commission for selling things on their behalf.
#10 Attractive displays
Never dump your items like accessories and clothes into boxes.
This may turn some potential clients off.
Make yours inviting and attractive by placing colorful items near the start of the street.
Hang your clothes on a clothesline.
A good way to prevent jewelry tangles is by putting your baubles in a muffin tin or egg carton.
Place mirrors nearby so buyers can try the clothing and see how they look.
#11 Prevention is better than cure
Place small items that can be pocketed near the ‘cashier’. I didn’t do this and I had a small item – a nail polish stolen during my yard sale 🙁
Don’t make my mistake!
Get shopping bags, small cardboard boxes and newspapers ready.
Make it easy for buyers. Get ready packing materials to properly package fragile items too. This can improve sales of your bulky or fragile items.
Selling large or heavy items?
Have the numbers of local movers handy, just in case buyers can’t cart away things themselves.
#14 Check your items
If you’re selling clothes or pieces of furniture like chests of drawers, do check that they’re empty and in reasonably good condition.
If you have some minor faults, grab your toolbox and fix them up before offering items for sale. Buyers wouldn’t like sticking drawers or wobbly chairs. You’ll get better prices for things that are in good condition.
#15 Clean them up
Make sure the items you’re selling are in clean condition.
Put yourself in the shoes of a potential buyer. You see some dusty furniture languishing in a corner and you don’t feel like checking them out. If you do look at them, you open a chest of drawers and see cobwebs . . . and spiders. Eek!!
Would you buy dirty furniture or a pair of smelly mud-caked boots?
#16 No price
I did mention that having no price may turn some folks off.
But you can opt to have a small area with items with no price tags.
Have a ‘Offers Invited” signage in this area.
Remember my elderly neighbor? She had great success with this strategy.
Don’t forget to check the weather forecast. If the weather is predicted as iffy, it’s not really worth your time and work to set up your yard sale on that day.
Choose a pleasant, sunny day to hold your yard sale 🙂
#18 FREE Online Advertising
The last site has a list of popular garage sale cities and you can also browse the major cities.
You can also post your yard sale on social media sites like Facebook, Instagram and Twitter.
You can add a small gift item when you sell a higher-priced item, to foster happiness and goodwill at your sale. The happy buyer may even linger around and buy more from you.
For example, if a family buys some more costly toys, throw in a child’s book as well.
Your generosity will shine and make it a day of joy for everyone.
Arm yourself with these great tips and you’ll be set to make your yard sale a huge success.
Are you interested in selling your stuff online too? These 14 places will net you more money.
Thanks for sharing this!