Sarah Deveau: Money Matters

May
31
2012

How to Hold a Successful Garage Sale

Tips for holding a money making garage sale

You’ve likely seen them popping up in your neighbourhood on Friday evenings. Whether they’re bright red and white, florescent yellow arrows, or difficult-to-decipher handwriting on cardboard, the garage sale signs are a sure sign of good weather and spring cleaning. For buyers, they’re a great opportunity to score deals on the things you need (or just want), and to discover things you didn’t know you wanted or needed.

As a seller though, they can be a source of boredom and frustration. Some people just don’t enjoy spending the day outside haggling with buyers and worrying about the cash box. However, with the right advice, holding a garage sale can be a fun and easy way to make money by selling things you no longer have a use for.

Here are some tips:

 Roll with the weather. Don’t get your heart set on a specific weekend if you’re holding a single family garage sale. Instead, prep your items in your garage or spare room ahead of time, then wait for the first gorgeous Friday night or Saturday morning.

 Skip the complicated signs with hours and your address—large fluorescent arrows on cardboard from the main roads is all that’s needed.

 Make sure you don’t lose your profits. Don’t use a cash box, and instead wear an apron with pockets or cargo pants instead and keep the cash on your person at all times.

 Street or neighbourhood sales draw crowds, so ask around and see if any of your neighbours are interested in joining forces. Write “multi-family” or “block sale” on your signs.

 Price to sell, and be ready to haggle. Buy garage sale stickers with pre-marked prices from dollar stores.

 Make it enjoyable! Invite your best friend over to sell her stuff, and enjoy chatting the day away. Plan your sale to start early Saturday morning and end by 3pm.

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