Common categories you’ll find at a garage sale include:
| Garage Sale Category | Price |
| Clothes | $0.25 – $1 |
| Accessories | $0.25 – $1 |
| Shoes | $1 – $10 |
| Furniture | $10 – $50 |
Full Answer
What is the best way to price items for a garage sale?
13 rows · · There is an unspoken rule in the garage sale world: You never charge more than 10% of the ...
How much to price things at a garage sale?
8 rows · Co-ordinate prices in group sales. If you’re having a group garage sale and similar ...
How to make money buying garage sale items?
· Garage sale pricing suggestions. Hardcover books: $1 (paperbacks, two for $1) CDs: Two for $1. DVDs and Blu-Ray Discs: $1 for older films or shows, $2 for newer ones. Tech …
What are good garage sale prices?
Hardcover books: 75 cents or 2/$1.00. Reference books- Hardcover dictionaries, thesaurus, etc.: $1 to $2. CDs, Video Tapes: $1. DVDs (recent): $3 to $5. Dishes, glassware: 25 to 50 cents a …
How do you know how do you price items for a garage sale?
People come to garage sales because they want to get a deal. If you have something of real value and want to be paid what it's worth, consider selling it through another outlet like eBay or Poshmark. Follow the 10%–20% rule. Some people suggest pricing your items at only 10%–20% of their retail value.
What should you not sell at a garage sale?
What NOT to Sell at a Garage SaleQuality jewelry, silverware, antiques, collectibles or paintings. ... Better quality clothes. ... Similarly with big furniture items (beds, sofas, etc) and anything over $50. ... Don't sell underwear at a yard sale. ... Don't sell illegal goods, unsafe or recalled goods.
How much should I price my clothes in a garage sale?
Price to Sell You can go a bit higher with “like new” merchandise, but you probably don't want to exceed more than 20 percent of the original price. It's also a good idea to keep pricing simple – like everything is either 25-cents, 50-cents, or dollars.
What is the average profit from a garage sale?
You stand to make some decent pocket money. According to the New York Times, if you put some thought and planning into your garage sale, you can net between $500 and $1000. You might think Saturday and Sundays are the best days for sales, since most people don't work on the weekends.
What is the best day for a garage sale?
The most popular days for garage sales are Friday, Saturday and Sunday. Fridays and Sundays may bring in a decent number of buyers, but Saturdays are the best day to host a garage sale because they will attract both casual customers and serious shoppers.
What is the best time to have a garage sale?
What's the Best Time to Have a Garage Sale?The best time is generally spring, especially early spring. ... Summer is next best if it isn't too hot. ... End of summer and fall are often ignored but can also be successful because the weather's just as nice, and there's less competition.More items...
How do you determine the price of a product?
To calculate your product selling price by unit, follow these three steps:Calculate the total cost of all units purchased.Divide the total cost by the total number of units purchased - this will provide you with the cost price.Use the selling price formula to calculate the final selling price.
How do you have a successful garage sale?
5 Tips for Getting Garage-Sale ReadyClean out your closet. Sounds simple, but it has to be said. ... Start sorting. Having a garage sale can be a daunting task, so go ahead and do the major work ahead of time. ... Get used to the idea. ... Set a date. ... Stock up on supplies. ... Name your price. ... Make prices visible. ... Bundle items.More items...•
How do you organize a successful yard sale?
10 Tips for a Successful Garage SaleDeclutter Your Whole Space. ... Advertise Online and in Your Local Newspaper. ... Consider Organizing a Community Yard Sale. ... Put Up Lots of Signs. ... Organize Your Items. ... Make Your Garage Sale Highly Shoppable. ... Label Your Things With Price Tags. ... Make Sure the Price is Right.More items...•
Is garage sale flipping worth it?
The right items bought at garage sales are often resold for an average profit of 462% each. As long as you know what to look out for, and who to sell it to, flipping garage sales (and yard sales, and flea markets!) is a clever and easy way to really line your pockets.
Is having a yard sale worth it?
Yard sales are often day long ordeals, some spanning the length of a weekend. Your time is also worth something, and with few items to sell, you might find your time is worth more than the potential income you'll earn from a weekend-long yard sale. This doesn't mean the items have to travel with you, though.
Where is the best place to advertise garage sales?
Get the Word Out! 5 Effective Ways to Advertise Your Garage SaleStreet signs on steroids. You're not going to just want one sign, you're going to want many. ... Social Media. ... Local paper. ... Craigslist. ... Community boards.
Can you sell bras at a yard sale?
Things like underwear, bathing suits, socks, and bras shouldn't be sold at a yard sale once they've been used. If they're not used, they should have the original tag or another indication that they've never been worn. Not only are these unsanitary, but they're unpleasant to find at a garage sale.
How much cash should you have on hand for a garage sale?
Plenty of cash. Get two rolls of quarters, a stack of 50 $1 bills, 10 $5 bills, and 5 $10 bills. Do it two days before the sale so that, if you forget, you can still get the change on the day before.
How do I make my garage sale faster?
5 Tips for Getting Garage-Sale ReadyClean out your closet. Sounds simple, but it has to be said. ... Start sorting. Having a garage sale can be a daunting task, so go ahead and do the major work ahead of time. ... Get used to the idea. ... Set a date. ... Stock up on supplies. ... Name your price. ... Make prices visible. ... Bundle items.More items...•
How do you flip at a garage sale?
6 Garage Sale Flipping Strategies to Make Extra MoneySearch for town wide garage sales by median income. ... Silence is an effective negotiation tactic. ... Stuffed animals are usually underpriced. ... Search “completed” and “sold” listings on eBay to gauge what products can be sold for.More items...
What does the color of the sticker on the wall mean?
Using color-coded tags or stickers on items and having a big sign on the wall describing what each color represents (eg yellow=50c, blue=$1, etc) is sometimes used. This method enables easy price reductions during the day because you just need to change one sign rather than on every item. Unfortunately, you WILL still get a lot of customers who don’t notice (or deliberately ignore) the sign and ask you how much items are.
What is inventory record?
Your Inventory Record can be used to check that the price of the item being bought is the correct price and the tag or sticker hasn’t been swapped with a low cost item.
How to make a sticker for a price?
Get some bright neon colored poster paper and with a shaped stencil (eg. stars, hearts, triangles, star bursts, etc) cut out your own tags then use a hole puncher to make a hole to thread through some string or a rubber band. Get the kids to add a swirl of glue and sprinkle with glitter. Don’t forget to leave some room to write the price.
What happens if you don't specify a price?
If you didn’t specify a price the buyer will offer the lowest price they are willing to pay and it’s now your job to get it higher.
Does putting items on the same table work?
It doesn’t work. Putting all similarly priced items on the same table with one sign above the table saying “ All items on this table $1 ” might be easier initially for you but when a customer comes up holding an item to buy – which tables did it come from? The buyer may say “Oh, I am sure it was on the $1 table.” Are they lying, did another shopper pick it up from the $5 dollar table and put it back down on the $1 dollar table by mistake, did you put it on the $1 table? What do you do if a customer comes up with a number of items from different tables? It just doesn’t work and you won’t be able to maximize your sales.
Is it easier to sell a lot of $1 – $2 items?
Buyers expect and are prepared to buy at this price range. It is easier to sell a lot of $1 – $2 items than trying to sell a few higher priced items. It is amazing how quickly $1 – $2 sales add up.
How to identify a group garage sale?
In a group garage sale, color-coded price tags or stickers is a good way to identify which family or neighbor the item is from. When a sale is made, you can easily record the sale on the Inventory/Sales Record. An alternative to using color-coding to identify items from different groups is to include the first letter of the family name along with the price on all tags.
Is garage sales common?
Garage sales may not be as common as they once were, but they’re still a tried-and-true method of getting rid of a huge quantity of potential clutter with a few days’ work—and they’re sometimes a little more convenient than figuring out how to sell on Facebook marketplace.
What is the goal of a garage sale?
Whenever garage sale season falls in your area (if there is a season at all), you want to be on top of that yard sale checklist so you can accomplish the two goals of any good garage sale: to get rid of unneeded possessions and to earn a little money. The key to doing both is following good garage sale pricing.
How to make a garage sale more appealing?
So while there are many ways to make your garage sale more appealing — from proper signage to ample parking — the price tag will have the most significant impact on your actual sales. Pricing your goods clearly while also leaving room for haggling can mean the difference between turning your clutter into cash and having to haul it all back to the attic.
How to spot price tags at garage sale?
Place each price tag in a spot where it’s easy to see. Some garage sale experts recommend bright-colored price stickers that catch the eye, while others prefer plain masking tape because it costs less. I like to compromise by using blue painter’s tape, which is cheaper than individual stickers and still easy to spot. It also has the advantage of being easy to remove cleanly.
What is pooling your goods?
By pooling your goods, you can have a more extensive sale that’s more likely to attract shoppers. It will look more enticing from the road, and you’ll have more merchandise to tempt buyers with in your advertisements.
What are some good free toys?
Small toys, such as those that come with fast-food meals, are excellent candidates for the free box. They’re not worth much anyway, and they attract the attention of children who don’t have any money to spend. When they see their kids making a beeline for the toys in the free box, the parents will be more inclined to stop and check out the rest of the sale.
How to make prices clear for customers?
To make prices clear for your customers, label each item individually with a tag that clearly shows the price. 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. Without clear labels, you’ll spend most of the day dealing with queries from shoppers about what things cost.
How to find local yard sale sales?
First, check out websites like Yard Sale Search and Yard Sale Treasure Map to find local sales. Then stop by a couple to see what they’re charging for products similar to those you have to sell. Visiting a couple of local thrift stores can provide valuable intel as well.
Can you sell your valuables at a garage sale?
However, don’t assume you can sell your valuables for their market price at a garage sale, where everyone is looking for a bargain. Instead, consider printing out the record of an eBay listing for something similar and taping it to your lower-priced merchandise to show buyers they’re getting a good deal.
What is garage sale?
Holding a garage sale is a great way to declutter your home, and make a bit of a profit out of your old stuff. One of the most daunting prospects for sellers, however, is simply pricing their goods. Fortunately, with these tips and methods, knowing how to price garage sale items is much easier!
What is the hardest part of a garage sale?
One of the toughest parts of holding a garage sale is deciding how to price everything. You don’t want to put your prices too low, or your profits won’t be worth the time you spent setting up the yard sale, but you don’t want to set them too high either, as no one’s going to buy anything. So if you don’t want to lose money or have tons ...
Is it bad to price something based on sentiment?
Pricing items based on sentiment is a really bad idea too . Just because an item holds treasured memories for you, a customer won’t care or be willing to pay more to purchase it. Ask yourself how much other people would realistically be willing to pay for each item, before you set a price on anything.
What to do if you have a lot of one particular type of item?
If you have a lot of one particular type of item, then consider offering a bulk buy deal.
Can you lower your price when selling?
When you’re pricing your items, always keep this is mind: you can always reduce your price, but you can’t go back up. Think about the lowest number you’re willing to except on each and every item you plan to sell, and then price each item a few dollars higher than this amount.
Where to put price tags on a product?
Put the price tags on the top or the front of each item.
Where can I find colored price tags?
I’d suggest using colored price tags (you can find them on Amazon or even your local or online Dollar Stores ).
How much does a lawn mower cost?
Lawn mowers: $10 to $25 (depends how old/new it is?you could go higher if it?s a newer mower)
How much does a bookcase cost?
Bookcases, Desks & Shelving ? Depends. If it?s wooden and in good shape: $10 up to $25. For thin material cheapies: $5.
How much does a dish cost?
Dishes, glassware: 25 to 50 cents a piece, larger items (like casserole dishes) a buck or two, sets anywhere from $2 to $5
