You have heard the saying "one man's junk is another man's treasures." Well, turn your junk into cash! It's easy -- have a garage sale. A successful garage sale takes a little organization on the front end -- but it is a great motivation to let go of things that are cluttering your closets. Here are some tips to help you have a successful garage sale.
* Know your goals when having a garage sale. If you want to clear away clutter, price things to sell and be sure to price everything.
* Know the going rate for your items, just as you do with your regular shopping. Overpricing will make shoppers walk away quickly. Remember, itís only worth what someone will pay.
* Use the percentage rule: Price garage sale items at 10 percent of the original cost. Items that are in mint condition can be priced up to 30 percent of the original price.
* A successful garage sale is a well advertised garage sale. Advertise your garage sale in your ThisWeek Community Newspaper. That is the first place shoppers look for the local garage sale listings each week.
* Have enough signage to lure people to your driveway. Post them at each corner if possible.
* Factor in conditions of the items when setting an itemís price. Something in poor condition should be marked "as is" on the tag to discourage customers from asking for a lower price.
* Keep all like items grouped together. For example, keep all kitchen items together, bath, candles, clothes, shoes, knick knacks, etc. Makes shopping easier for the buyer.
* Clearly mark the prices on the items you offer for sale. Clothing should be individually tagged unless sold in bundles. Use signs with bright colors to advertise "special" prices.
* Masking tape is a great tool for making price stickers. Cut the masking tape into approximately one-inch stickers and line them all up on the back of a cookie sheet. Once the sheet is full of masking tape stickers, write the price on each sticker and mark the items for sale.
* Be willing to negotiate your price to make a sale. Consider marking prices a bit higher than normal to allow for a compromise.
* Save plastic grocery bags. Be sure you have plenty of them saved so you have enough to bag purchases or wrap fragile items.
* Be sure you have plenty of tables. If you have your items spread out on tables it avoids the hassle of having people rummage through boxes.
* Near the end of your sale, reduce prices! Get rid of your things! Mark a box that reads "free stuff" and put in odds and ends. They will disappear quickly.
* Give most of your leftover goodies to charity. Request a tax write off form for your donations. Only keep items that you want to try to sell at a later date. If it doesn't sell after two sales, you should donate the items to charity.
For now happy shopping!
Laurie Dixon, TheBAG Lady