Pricing Items for a Successful Yard Sale

making dollars changes

My favorite time of year is coming around- yard sale season! My favorite pastime with my mom was waking up early and hitting the sales first thing Saturday morning. I have now started that tradition with my boys.When I was in elementary school, my mom was single. To make ends meet, we would often hold yard sales at our home or at the swap meet. She would gather unwanted items from friends and then resell them. As an adult, I have held more yard sales than I can count. Some to raise money for my college expenses and others purely to cut down on the junk. I am quite an experienced yard saler!

To hold a successful yard sale, keep pricing in mind:

  • Price all of the items. It takes time in advance, but you and the customers will be less stressed the day of the sale. Use masking tape and a sharpie pen.
  • Price to sell. Remember that most of your items are used. Mark your used items down to one third to one quarter of the original price. In my experience, if you price low, you will be more successful overall.
  • Clothing can be difficult to sell. Baby clothes usually do well. I have always priced general clothing from $0.25 to $0.50 each. For nicer clothes, consider consigning them.
  • Paperback books are another poor selling item. Donating the books to the library may be a better option.
  • Do not tell the customer to make an offer. As a frequent yard seller myself, this is a turn off phrase. It is hard for the customer to gage what a reasonable offer should be. Just state your price to the customer and then bargain from there.
  • Some customers will haggle. Be prepared with  the lowest price you will accept. I found that the majority of people will pay your asking price if your price is right!

Next week I will continue the Yard Sale series with advertising and setup tips!

Now it’s your turn! If you are a blogger, write a post about your idea for making dollars out of change. It can be on any topic as long as it has to do with saving money. Please place a link back to Madame Deals in your post. Then come back here and add your post URL to the linky. Please post directly to your post and not your homepage.

If you do not have a blog, we still welcome and encourage your participation! Please leave your thoughts in the in a comment below!

This post is linked at My Coupon Teacher,  Melissa’s Bargain Blog & Life as Mom.

Since there have been some problems with Simply Linked, I am trying MckLinky this week. Let me know what you think!




Comments

  1. says

    Great tips! Here’ s a tip once the yard sale is going. Seems like all the big items go first. If we know the person or if they can’t take it right away we ask the person if we can keep it for a a few hours and we put a sold sign on it. The big items usually get traffic to stop. Now that they are stopped they will take time to look around.
    .-= Money4ThisNot4that´s last blog ..Another Post Cereal Catalina =-.

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