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Friday, Saturday and Sunday mornings are usually the best time to hold a successful garage sale. Consider scheduling your sale on the first weekend of the month—when people have just gotten paid and haven't spent all their fun money yet.
For the best attendance, choose a Saturday or Sunday morning between 7 a.m. and 11 a.m., when temperatures are cooler. If you can have a two-day sale, that's an even better way to maximize your profits. Make sure to check the weather forecast, too, before you set your date in stone.
Post your garage sale flyers around the neighborhood a few days before the yard sale. Make sure to place them in high-traffic areas like marts, parks, office elevators, and churches so people will see them. You can also ask your friends and family to help out.
When you walk up with an item to negotiate on - have another item or two in mind that are at the same sale. If you reach an impasse on the price of the item - agree to pay what they are asking if they throw in the other item. You've given them a way to win - they got the price they were asking.
Sometimes I've started with only $30 but always make sure and have the 10 $1 bills because a lot of people will buy a one or two dollar item and give you a five. I also make sure I have a few more $1's and $5's in the house in case I need them. What are 5 tips for someone who is having their first garage sale?
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.
Although not everyone puts price tags on their garage sale merchandise, pricing your merchandise in advance will make the day of the sale less hectic for you. Additionally, it may make customers more likely to buy.
Winter Is Better for Sellers; Summer is for Buyers
Spring and summer are packed with garage and estate sales. Fortune favors the brave; if you have a sale during the winter you will surely see more people come through the sale. More people means more potential buyers.
For the smaller items that won't bring in much cash, make a separate "make a deal" table with no prices. Donate the excess. Have paper shopping bags and charge $5 to fill a bag. $1 for everything else and group cheaper items into small bags for $1.
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