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5 Tips For A Successful Garage Sale

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5 Tips For A Successful Garage Sale

Having a garage sale is a great way to generate some extra spending money while you clean out your house, garage, attic and other storage spaces. There are a few things you can do to ensure that your garage sale is successful, both in generating cash as well as freeing up much needed space. Here is a list of things you can do to generate buzz and have a great sale.

1. Get organized

Many people underestimate the amount of time and effort it takes to set up a garage sale. This results in just throwing things this way and that and doesn’t give shoppers the opportunity to really see all that you have to sell. While most garage sale die-hards know that you often have to dig for a diamond in the rough, most casual visitors won’t even stop if it doesn’t look like you care enough about the stuff that you are selling to set up a few tables and put your clothes on a rack. Take a few extra minutes to ensure that you have enough tables and racks to be able to organize and display your wares in an attractive manner.

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2. Pricing

Many people are of the opinion that it is important to price the items you have in your sale. I, however, believe in the power of negotiation. I purposely refrain from affixing any price tags to my sale items, allowing people to open the door of communication and ask. This is the first step in creating a relationship, which will ultimately result in a sale if you play your cards right. Of course, this method of selling requires quite a bit of interaction with your customers, but I personally feel as though this is the most successful method for selling at a garage sale.

I think it’s important to mention here that it really doesn’t matter what you paid for an item or what you think it should be worth. An item’s value is defined by the amount someone is willing to pay for it. Period. People that come to garage sales are looking for a bargain. If you price your items too high or are inflexible in your negotiations, you will wind up with a lot of things that simply don’t sell. Your pricing strategy, whether you choose to mark your items or leave things open, will ultimately decide the success or failure of your sale.

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3. Advertise

Your garage sale won’t be successful if people don’t know you are having one. And yes, I still put up signs around the neighborhood. I also advertise on Craigslist, Facebook and Twitter. Each of these methods is free and reaches way more people than traditional sign advertising. Using social media also allows your friends to spread the word as well, giving you the opportunity to reach hundreds of people you might not have been able to otherwise.

4. Offer other items for sale

Do you sew? Bake? Craft? If so, your garage sale is a great opportunity for your to hawk your wares alongside the stuff you need to get rid of. You can set up a separate table for these items or offer them alongside your other sale items, but be careful to find a way to denote that these items are different from the rest of your inventory as you may be less likely to negotiate price on these items. Another strategy that has worked well for me, especially in the hotter months of summer is to offer bottled water for sale at a slightly marked up price. Selling water allows me to diversify my income from my sale and gives me yet another opportunity to create a relationship with my customers and keep them on my property longer, giving them more time to look around and find something they want.

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5. Partner up with someone else

Partnering up with someone else gives you the opportunity to create a larger offering, which will attract more people. The larger and more diverse you can make your sale, the more people you will attract and the more likely you will be to sell your items.

Have you got any other hot tips for garage sale success? Let us know in the comments below.

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Last Updated on January 5, 2022

33 Painless Ways to Save Money Now

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33 Painless Ways to Save Money Now

In a difficult economy, most of us are looking for ways to put more money in our pockets, but we don’t want to feel like misers. We don’t want to drastically alter our lifestyles either. We want it fast and we want it easy. Small savings can add up and big savings can feel like winning the lottery, just without all of the taxes.

Some easy ways to save money:

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  1. Online rebate sites. Many online sites offer cash back rebates and online coupons as well. MrRebates and Ebates are two I like, but there are many others.
  2. Sign up for customer rewards. Many of your favorite stores offer customer rewards on products you already buy. Take advantage.
  3. Switch to compact fluorescent bulbs. The extra cost up front is worth the energy savings later on.
  4. Turn off power strips and electronic devices when not in use.
  5. Buy a programmable thermostat. Set it to lower the heat or raise the AC when you’re not home.
  6. Make coffee at home. Those lattes and caramel macchiatos add up to quite a bit of dough over the year.
  7. Switch banks. Shop around for better interest rates, lower fees and better customer perks. Don’t forget to look for free online banking and ease of depositing and withdrawing money.
  8. Clip coupons: Saving a couple dollars here and there can start to add up. As long as you’re going to buy the products anyway, why not save money?
  9. Pack your lunch. Bring your lunch to work with you a few days a week, rather than buy it.
  10. Eat at home. We’re busier than ever, but cooking meals at home is healthier and much cheaper than take-out or going out. Plus, with all of the freezer and pre-made options, it’s almost as fast as drive-thru.
  11. Have leftovers night. Save your leftovers from a few meals and have a “leftover dinner.” It’s a free meal!
  12. Buy store brands: Many generic or store brands are actually just as good as name brands and considerably cheaper.
  13. Ditch bottled water. Drink tap water if it’s good quality, buy a filter if it’s not. Get 
      a reusable water bottle and refill it.
    • Avoid vending machines: The items are usually over-priced.
    • Take in a matinee. Afternoon movie showings are cheaper than evening times.
    • Re-examine your cable bill. Cancel extra cable or satellite channels you don’t watch. Watch the “on demand” movie purchases too.
    • Use online bill pay. Most banks offer free online bill paying. Save on stamps and checks, and avoid late fees by automating bill payment.
    • Buy frequently used items in bulk. You get a lower per item price and eliminate extra trips to the store later on.
    • Fully utilize the library. Borrowing books is much cheaper than buying them, but in addition to books, most local libraries now lend movies and games.
    • Cancel magazine/newspaper subscriptions: Re-evaluate your subscriptions. Cancel those you don’t read and consider reading some of the other publications online.
    • Get rid of your land-line. Do you really need a land-line anymore if everyone in the family has a cell phone? Alternatively, look into using VOIP or getting a cheaper plan.
    • Better fuel efficiency. Check the air pressure in your tires, keep up with proper auto maintenance, and slow down. Driving even 5MPH slower will result in better fuel mileage.
    • Increase your deductibles. Increasing the insurance deductibles on your homeowners and auto insurance policies lowers premiums significantly. Just make sure you choose a deductible that you can afford should an emergency happen.
    • Choose lunch over dinner. If you do want to dine out occasionally, go at lunchtime rather than dinnertime. Lunch prices are usually cheaper.
    • Buy used:  Whether it’s something small like a vintage dress or a video game or something big like a car or furniture, consider buying it used. You can often get “nearly new” for a fraction of the cost.
    • Stick to the list. Make a list before you go shopping and don’t buy anything that’s not on the list unless it’s a once in a lifetime, killer deal.
    • Tame the impulse. Use a self-enforced waiting period whenever you’re tempted to make an unplanned purchase. Wait for a week and see if you still want the item.
    • Don’t be afraid to ask. Ask to have fees waived, ask for a discount, ask for a lower interest rate on your credit card.
    • Repair rather than replace. You can find directions on how to fix almost anything on the internet. Do your homework, and then bring out your inner handyman.
    • Trade with your neighbors. Borrow tools or equipment that you use infrequently and swap things like babysitting with your neighbors.
    • Swap online. Use sites like PaperBack Swap to trade books, music, and movies with others online. Also, look for local community sites like Freecycle where people give away items they no longer need.
    • Cut back on the meat. Try eating a one or two meatless meals every week or cut back on the meat portions. Meat is usually the most expensive part of the meal.
    • Comparison shop: Get in the habit of checking prices before you buy. See if you can get a better price at another store or look online.

    Remember that saving money is not about being cheap or stingy; it’s about putting money into your bank account rather than giving it to someone else. There are many ways to save money, some you’ve never thought of, and some that won’t appeal or apply to you. Just pick a few of the ideas that sound doable and watch the savings add up. Save big, save small, but save wherever you can.

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    Featured photo credit: Damir Spanic via unsplash.com

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