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How to Hold a Successful
Garage Sale
Garage
sales can be a great way to get rid of clutter — and earn a
little extra cash — before you sell your home. But make sure
the timing is right. Garage sales can take on a life of
their own, and it might not be the best use of your energy
right before putting your home on the market. Follow these
tips for a successful sale.
1.
Don’t wait until the last minute.
You don’t want to be scrambling to hold a garage sale the
week before an open house. Depending on how long you’ve
lived in the home and how much stuff you have to sell,
planning a garage sale can demand a lot of time and energy.
2.
Get a permit.
Most municipalities will require you to obtain a special
permit or license in order to hold a garage sale. The
permits are often free or very inexpensive, but still
require you to register with the city.
3.
See if neighbors want to join in.
You can turn your garage sale into a block-wide event and
lure more shoppers if you team up with neighbors. However, a
permit may be necessary for each home owner, even if it’s a
group event.
4.
Schedule the sale.
Sales on Saturdays and Sundays will generate the most
traffic, especially if the weather cooperates. Start the
sale early, 8 a.m. or 9 a.m. is best, and be prepared for
early birds.
5.
Advertise. Place
an ad in free classified papers and Web sites, and in your
local newspapers. Include the dates, time, and address. Let
the public know if certain types of items will be sold, such
as baby clothes, furniture, or weightlifting equipment. On
the day of the sale, balloons and signs with prominent
arrows will help to grab the attention of passersby.
6.
Price your goods.
Lay out everything that you plan to sell, and attach prices
with removable stickers. Remember, garage sales are supposed
to be bargains, so try to be objective as you set prices.
Assign simple prices to your goods: 50 cents, 3 for $1, $5,
$10, etc.
7.
If it’s really junk, don’t sell it.
Decide what’s worth selling and what’s not. If it’s really
garbage, then throw it away. Broken appliances, for example,
should be tossed. (Know where a nearby electrical outlet is,
in case a customer wants to make sure something works.)
8.
Check for mistakes.
Make sure that items you want to keep don’t accidentally end
up in the garage sale pile.
9.
Create an organized display.
Lay out your items by
category, and display neatly so customers don’t have to dig
through boxes.
10.
Stock up on bags and newspapers.
People who buy many small items will appreciate a bag to
carry their goods. Newspapers are handy for wrapping fragile
items.
11.
Manage your money.
Make a trip to the bank to get ample change for your
cashbox. Throughout the sale, keep a close eye on your cash;
never leave the cashbox unattended. It’s smart to have one
person who manages the money throughout the day, keeping a
tally of what was purchased and for how much. Keep a
calculator nearby.
12.
Prepare for your home sale.
Donate the remaining stuff
or sell it to a resale shop. Now that all of your clutter is
cleared out, it’s time to focus on preparing your house for
a successful sale!
Reprinted
from REALTOR® magazine (REALTOR.org/realtormag)
with permission of the NATIONAL ASSOCIATION OF REALTORS®. Copyright
2008. All rights reserved.
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