Boost Your Savings Account with These Garage Sale Tips

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Boost Your Savings Account with These Garage Sale Tips

Are you drowning in clutter? Or perhaps drowning in credit card debt? Whatever the case may be, a good old-fashioned garage sale can be a great way to get rid of the things you never use anymore, and you can boost your savings account in the process. Here are some garage sale tips for boosting your savings account by putting together a successful garage sale.

Get together with neighbors for a group sale

There is no doubt about it: you are more likely to enjoy a successful garage sale by getting together with neighbors and making yours the king of all yard sales. People are much more drawn to group sales because the opportunity to find a treasure seems greater, and there is less pressure to buy and more latitude to explore when there are other potential buyers milling around. Creating a friendly, active and even festive atmosphere is the key to getting people to stop. You are much less likely to host a successful yard sale if you have a smaller sale on a quiet street. People will likely not feel like stopping if all they see is a few items strewn across the sidewalk and no other people around.

Advertising is key to a good turn-out

If you live on a busy street corner, perhaps advertising does not seem very important. But even if you are on a visible lot, you are much more likely to host a successful garage sale if you advertise ahead of time. There are some people who are yard sale addicts and scour the local ads for the weekend round of sales. You can advertise for free online and your local neighborhood paper can also be a great place to place an ad. Make sure to put your address and a brief description of what kinds of things you will be selling.

Put up large and legible signs

The true success of your garage sale will depend on whether you can get passerbys to stop and take a look at your used wares. A good yard sign will be large and clearly legible even from a passing distance. Go for a simple design of black letters (“Huge Sale”) on white poster board, with a big arrow pointing into your street. Make sure to take down your signs right after the sale has ended.

Do you want to make money, or get rid of junk? Or both?

These are important questions to ask of yourself before your garage sale even begins to take shape. In order to price your items accurately, you have to decide what your ultimate objective is. Are you more interested in padding your savings account, or getting rid of your clutter? Although it is fair to want both, you must make a decision about how flexible you are going to be during the sale when it comes to pricing items. If you price items low, there is a much better chances that your junk will fly off the shelves to become someone else’s treasure. But if you are rigid about your pricing, you may be better off selling your items on eBay or your local pawn shop.

Give your customers a little background music

Remember that atmosphere is the key to making your garage sale a brilliant success. To this end, play a little background music. It is a great way to attract customers and to give a friendly atmosphere, even if you have a dearth of customers. It can be intimidating for customers to approve a near-silent sidewalk. Make sure that you play music that will not offend anybody and that you keep it low enough so that it will not disturb the neighbors. Oldies, country music and classic rock are nearly always a safe choice.

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