How to Organize a Garage Sale and Make Money
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How to Organize a Garage Sale and Make Money

Posted on Friday, September 16th, 2011 at 2:12 pm
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You already know how to find bargains at a garage sale, but how can you organize your own garage sale to make money? Just follow these easy planning tips! You already know how to find bargains at a garage sale, but how can you organize your own garage sale to make money? There’s really not much to it, just follow these easy garage sale planning tips.

How to Have a Successful Garage Sale

  1. Advertise, Advertise, Advertise! The first step to planning a garage sale is getting the word out there. No one is going to come if they don’t know about it. You can advertise your garage sale ahead of time for free on Craigslist or for a small fee in your local newspaper. In your advertisement, you will want to include information such as when (day and time), where (town and street, number address isn’t necessary), and what will be for sale (include pictures of your best sale items). The best day to have a garage sale is usually Saturday, starting as early as 7 a.m.
  2. Headed in the Right Direction. The morning of your garage sale, you will want to place signs around town pointing people in the right direction. The most effective signs are made on bright-colored paper with bold writing (include “garage sale,” the location, and the day and time). Also include a bold arrow on each sign directing people the right way.
  3. All About the Aesthetics. In regards to your garage sale itself, aesthetics and organization are very important. People will be more likely to buy from you when they can easily see what is for sale. If you have clothes, hang them rather than piling them on the ground. Place small items on tables where they will be easily visible. Arrange furniture so that people can imagine it in their own home. You get the idea.
  4. Ready, Set, Mark Your Prices! Mark your prices slightly higher than you are willing to sale for – people love to negotiate and feel like they got a deal at garage sales. I usually only mark my larger items. I’ll also make signs for things like clothes, for example “all shirts $1, jeans $2, and so on. Having price stickers will also help you when there is a rush of people asking what your prices are!
  5. Brush Up On Your Negotiating Skills . Remember, negotiating goes both ways. You’ll want to be ready to negotiate at your garage sale. Don’t let anything go for less than it is worth to you or you might end up regretting it later.

 

All-in-all, garage sales are a great way to make money on items you were otherwise planning on giving away or throwing out. I usually clean out my house, attic, and garage about once a year and throw a big garage sale before hauling everything off to a thrift store donation station. Depending on the items I’ve had for sale, I’ve made up to about $350 in one Saturday!

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Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.