Hosting a yard sale is a great way to declutter your home and earn some extra cash. Whether you are thinking about holding your first event or are a seasoned seller, we’ve put together a dynamite top ten list to make sure your yard sale is a successful one.
Choosing the right date and time for your yard sale will have a dramatic impact on your bottom line. Look for days when neighbors are hosting their own yard sales to capture increased traffic. If you are near the entrance of a neighborhood with high traffic, a midweek after work sale may be a nice change of pace.
There is strength in numbers. Ask if your neighbors want to join you in hosing a neighborhood yard sale. Your cost of advertising will be less and you will attract more foot traffic than if you go solo.
No one will show up to your yard sale if no one knows about it. Traditional marketing, such as flyers, neighborhood posts, and yard signs still work great. Now, it’s easier than ever to get the word out on Facebook, Instagram or other social media platforms.
Walk into any retail store and you’ll find similar products carefully grouped together. Take their cue and do the same at your yard sale. Instead of randomly tossing items together, group them together. Often “shoppers” will purchase complimentary items, especially if you offer a discount on multiple purchases.
As part of your floor planning, make sure you wash the clothes and hang them on a mobile rack. Neatly folding clothing may initially be appealing, but after the first few visitors you’ll end up with a mixed-up pile of clothes and less money in your pocket.
Make sure each item you are willing to sell has a price tag on it. Pricing items beforehand allows you to set a comfortable starting price. And, don’t hesitate to place a “we negotiate” sign in your yard.
Since we know pricing items beforehand is a yard sale best practice, take a few moments to research the competition. More specifically, check out eBay (completed sales) or Craigslist to gauge where your pricing should be.
Not having enough change could prevent a sale. Your change bag should include a handful of each denomination below $100. Don’t forget to include coins as well. You never know if a quarter will be enough to make a deal.
If you find many of your items have a common theme, promote it. For example, if you have a large quantity of sporting goods, advertise you are having a sports yard sale. If after your sale you are left with mostly books, advertise a book sale for the next day.
Hosting a yard sale doesn’t have to be all work and no play. Liven up the event by playing inviting music, hanging banners, or offering refreshments. It will make your day more enjoyable and keep potential buyers around longer.