Friday, June 28, 2013

How to Hold the Perfect Garage Sale

When you need to either store or get rid of a lot of "stuff" to make your house look its best while
on the market, holding a garage sale may be the ideal solution. Not only will your current house stage easier, but you will lighten the load of what needs to be moved to the new home - and make money in the process.
To be successful, a garage sale requires some planning and preparation. In fact, planning the sale may be the key to its success.


Planning the Garage Sale

When you settle on a date for the sale, dig out the local TV listings to ensure that there isn't a major sporting event that will be televised on that day. Also make sure there isn't a local event, such as a popular festival or parade. Although there are a lot of die-hard garage sale fans, even they will skip a sale if there's something else competing for their attention.

Here are a few other things to consider during the planning stage:
  • Have everything ready the night before the sale so that you're not running around in the morning.
  • Sketch out a plan for the sales floor, allowing room to move between aisles and ensuring that you can see all items from your perch.
  • Make a list of each item you're selling and the price you'll be asking. During the sale, cross out each item sold and make note of the price received.
  • Price items clearly.
  • Ensure that you'll have sufficient help the day of the sale and that everyone is in agreement over pricing and bargaining policies.
  • Have an extension cord on hand so that customers can test electrical items.
  • Save grocery bags in the weeks leading up to the sale so that you can bag the items your customers purchase.
  • Go through all the pockets of clothing you plan to sell, check compartments in handbags,  to make sure there's nothing of value, or even old credit card receipts that may contain private information.

The Day Before the Sale

Now that you're prepared for the sale, it's time to make sure folks know about it. There are several ways to get the word out about your garage or yard sale.  Here are a few other things to do the day before the garage or yard sale:
  • Make signs to be placed around the neighborhood and to direct customers from a main thoroughfare. They should be large enough to be seen from the road and directions should be clear. Arrow-shaped signs are ideal.
  • Go to the bank and get some cash, such as rolls of quarters, and small bills.
  • Consider how you will hold the cash during the sale. A cash box isn't a good idea as it's too easy for someone to walk away with it. Wearing a "fanny sack" around your waist or keeping a wallet in your pocket are much safer ways to hold your cash.

Sale Day

  • Move sale items out onto the driveway if that's where you've decided to set up the sales floor. Remember to put the most desirable items out front to entice customers to stop their cars.  Place some "manly" items out front, such as lawnmowers or power tools, to make it easier for wives to get their husbands to stop and shop.
  • Set up the neighborhood and directional signs.
  • Ensure that all items are clearly marked with the price.
  • Greet people as they arrive to make them feel comfortable. Ask if they're looking for anything in particular.
Here's to a successful garage sale!  

Richard Thyssen, Broker of Record
Direct cell: 519-495-1541
email: rthyssen@rogers.com

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