Pricing items for your garage sale does not need to be a stressful event. Here are some helpful tips to help you establish good garage sale pricing levels so your items will sell and produce the best possible profits.
Before you hold your garage sale, visit a few garage sales and yard sales in your area. This is research. By doing this you will see how people are pricing items and what people are buying.
People will buy just about anything at a garage sale. You’d be surprised. But they are looking for bargains. They usually expect a big discount on items that have been used. How to price garage sale items is always a source of concern. If your pricing is too high, then the stuff won’t sell, pricing that is low means poor profits. What you want is a nice balance so that you will get the most money for your garage sale items, and leave you with a cleaner house too.
Some items are useless to you, but useful (valuable) to others. And of course some things that you value may be absolutely worthless to anyone else on the planet. The biggest challenge you will need to face is the challenge of ‘pricing from the heart’. Be sure to set the pricing on the items you’re trying to sell accordingly to your research. If there are items you are atached to, either have someone you trust help price them or just don’t sell them.
Once you’ve decided what price you’re going to ask for items at your garage sale it’s time to mark the items. The easiest way to display pricing at a garage sale is through color coding, which is one of the fastest and easiest garage sale pricing techniques there is.
Use different colored stickers (or tags), with each color representing a price. Put the appropriate color sticker on each item that you have up for sale. Post a large sign with the price scale for each color sticker for everyone to see at the sale. Be sure to have a smaller version of the price key at the cashier’s table or in your pocket for your convenience.
Using the color-code method for garage sale pricing works really well if you are having a multi-day sale and you will be reducing prices sometime after the first day. Then, instead of changing the price on every single item, you simply post a new sign or make changes on the sign that you have up already.
Do you have any garage sale pricing tips that you’ve found to be helpful?
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