You want to charge the maximum shoppers are willing to pay, but at the same time, you have to avoid chasing buyers off with too-high prices. Putting labels on every product at your sale may seem like a lot of work, but it will save you trouble on the day of the sale itself. Shoppers wont be interested in buying something from your garage sale if they can get the same at a cheaper price at the local Salvation Army or Goodwill store. For high-value items like vintage clothing or furniture, check listings on sites like Craigslist and eBay to see what prices similar goods are fetching. Steve & Annette Economides are NY Times Best Selling Authors of 3 books, YouTube Creators and Family Finance Experts. Making some extra cash is easier than you think! But an $80 sweater (in perfect condition) for $15? -Adult clothes: $3-5. All rights reserved. This is especially true of clothes when people have clothes in large stacks or even boxes, a lot of people dont have the patience to go searching thru to find what they like (especially with used clothes). 404 means the file is not found. Shh. You dont want to be competing against each other in the same garage sale. Check online marketplaces like eBay and Craigslist to see what similar items are selling for. (You may need to consult other articles and resources for that information.). During your preparation for the sale, one of the biggest challenges will be pricing the items. Want to know one of the top garage sale tips to remember when pricing? But receipts may be more useful to appraisers, whose job it is to find out if your item is junk or a jackpot. The easiest way to edit a .htaccess file for most people is through the File Manager in cPanel. Kids' items generally include gently used clothes, toys, and baby accessories. A good rule of thumb for yard sale pricing is 10-20% of the items original value for smaller items, and up to 40% for larger items like furniture and electronics. Its why theyre willing to spend hours of their weekend driving for miles to take in a promising sale or scouring their local neighborhood on foot for the best deals. Price in Increments Use simple pricing Dont forget to leave some room to write the price. Use Categories to Appropriately Price Items. They are very easy to read as you can put them right up close by the road on the grass between the sidewalk and road. However, there may be a few goods on which you prefer to state a firm price rather than leave room for haggling. We recommend having $100 in cash for your garage sale. This post may contain affiliate links and I may be compensated for this post. Pricing - Best Garage Sale Tips: More Profitable Garage Sales Think Like a Merchandiser Make a great first impression with a sale that's well laid out and attractive. 2023 Best Garage Sale Tips | Make Money, De-Clutter, and Have Fun, The 2 Golden Rules for Garage Sale Pricing, Price Garage Sale items below Thrift Store Prices, Help sell high-priced items with price comparisons, Cut down on the coin you will need by grouping items, Dont be lazy and just put all items of the same price on a table, Use tie-on tags instead of stickers to price items, Make your own eye-catching garage sale price tags, Consider recording your items and prices on a separate Inventory Record, Consider NOT using the color-coding method to price your items, But consider using color-coded tags in a group garage sale, Best Yard Sale Sign Ideas and Tips for 2023 Success, How to Set up Your Garage Sale (Layout Tips for More Money). If its garage sale season, start surveying the competition. You may get a 404 error for images because you have Hot Link Protection turned on and the domain is not on the list of authorized domains. "The primary goal is to get rid of it." Suggested price: $1 to $3 for gently If you dont have a friend with a truck, schedule a donation pickup. It takes hours to clear out closets, advertise your sale, price your goods, set them out on tables, and clean up afterward. How to price garage sale items | HowStuffWorks If youre sick of looking at it and dont want to haul it all back inside, its time to donate. If its of no value to you anymore then that is its true value anything more will be a bonus. For example, if something retails for $50 and your item is in near new condition you would price it at $10 or $5 if its in a worn condition. According to The Spruce, a good compromise is to price things 15% to 20% above the minimum youd accept. This is ultimately the BEST time to have a sale! For clothes (especially kids clothes), try to put similar sizes together the less that people have to sort thru your items, the more you will sell.
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