Saturday, December 27, 2014

How to Hold a Successful Yard Sale

A New Year; a new start. What better way to have one than with a clean slate -- or a clean house, in this case.

Cleaning and decluttering one's home often come hand in hand with welcoming the New Year. It's a tradition in many cultures. After all, there's foresight and prudence found in making space for new things and experiences for the year ahead.

But what to do with old items like clothes and furniture? You can give them away to charity, as an option. You can also sell them in a yard sale, as a means of earning some cash. Here's how to hold a well-organized yard sale -- follow the steps and keep these tips in mind.

Make an inventory
Walk through your home and take note of furniture and furnishings that you want to sell. Likewise, check the closets, cabinets, cupboards, and drawers in each room for objects for your sale. Write it all down under categories to keep organized. To help yourself determine whether to keep these items or not, ask yourself whether you've used them at all within the past year. 

Tidy up
There might be old and worn items in your inventory, but as items for sale, you want them to look presentable. Make the effort to this end by cleaning your inventory. Dust, wipe off, and consider making a few repairs as necessary. Provide batteries for items that need them, so that customerse can test them out.

Price your items
You can assess and compare prices for your inventory by looking up similar items for sale on classified advertisement portals online. You can also visit the flea market, or yard sales in your area, if any. Finally, make price tags for your inventory and secure each tag on its corresponding item. Make sure that the tags are bold and legible. Write down the specs for certain items too, like electronics.

Schedule your sale
Set your sale on a weekend at the start of the month, right after payday. This way, your customers will have more money and would be more likely to splurge on some items.

Advertise
Get the word out: this is crucial to the success of your sale. Prepare a few dozen printed flyers or posters. Use a large, bold font to announce the sale. Specify the date, address, and the time at which your sale will begin and end. Cite the specialty items that you're selling: 'entertainment system,' 'books,' 'garden tools,' or 'antique clocks,' for example. Place flyers in your neighbors' mailboxes. Put up the posters around the neighborhood -- but make sure that you're allowed to do so, so check with the local authority beforehand. Place your posters on lampposts on each street. Ask to have your poster displayed in in community areas like the clubhouse, the pool, the guardhouse, or the entrance to your subdivision, if any. Consider posting an advertisement on the paper, too. Invite friends and associates. Post an event or announcement on social media.

Set up
Move all items in your yard. Use tables, chairs, sidetables, benches, and other surfaces to display your wares if needed, but mark these items as "not for sale." Make sure that your wares look organized and enticing from the street. Put up a sign announcing your yard sale and how long it will last for. Consider playing some music to lighten the mood and attract passersby.

Leave no leftovers
To make sure that you sell as much as you can, display a sign in your sale saying that all items will be sold at a 50% discount (or more) during the last hour of the sale. Send all other unsold items to charity.


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