What should you not sell at a garage sale?

What NOT to Sell at a Garage Sale
  • Quality jewelry, silverware, antiques, collectibles or paintings. …
  • Better quality clothes. …
  • Similarly with big furniture items (beds, sofas, etc) and anything over $50. …
  • Don’t sell underwear at a yard sale. …
  • Don’t sell illegal goods, unsafe or recalled goods.

What makes the most money at a garage sale?

To make the most money, start by gathering all the goods you no longer want from every room in your home—old indoor and outdoor furniture, electronics, housewares, garden tools, appliances, clothing, and the like. Store them in an out-of-the-way area, say, in your basement or garage.

How much should you price items at a garage sale?

There’s a strategy for pricing items at a garage sale. Remember, people are looking for a bargain. The Spruce recommends that you follow the “10 Percent Rule” – set your price at about 10 percent of how much the item would cost at the store.

Are garage sales worth it?

While garage sales can absolutely help you earn money, they work best when you have time to spare and plenty of good stuff to sell. In our current season of life, I have neither of those things. Earning extra money is important, but sometimes, time matters most of all.

What’s the best time to have a garage sale?

Friday, Saturday and Sunday mornings are usually the best time to hold your garage sale. Here’s an insider garage sale tip: Consider scheduling it on the first weekend of the month—a lot of paychecks go out at the end of the month, so people will have cash to spend.

How do you show items at a garage sale?

Card tables, TV trays, even upside down cardboard boxes (sturdy ones) and crates work wonders as a means for displaying your items for sale at a garage sale. Similarly, blankets (of various sizes), rugs, sleeping bags, sheets, old bedspreads, even beach towels can be used to display items out on the lawn.

How do you price items for a yard sale?

1. Follow the 10% Rule. There is an unspoken rule in the garage sale world: You never charge more than 10% of the retail price. So this means if you bought a product for $20, you shouldn’t charge more than $2 for the item at your garage sale.

What’s the difference between a garage sale and an estate sale?

Simply-put; the big difference is that garage sales are for old and unwanted household items that the residence no longer have any use for—estate sales are more formal and are meant to get rid of a late family member’s entire estate. They are both for anyone finding a good deal on some interesting items.

How much petty cash should be on hand at a yard sale?

I’ve found that most people at yard sales carry mostly $1, $5 and $20 bills and of course, quarters. I’ve hardly ever found anyone that carried dimes. In fact, I try not to even price anything in my yard sale less than $0.25 but sometimes I have like a notebook and price it for $0.10.

What kind of change should you have for a garage sale?

Plenty of cash.

Get two rolls of quarters, a stack of 50 $1 bills, 10 $5 bills, and 5 $10 bills. Do it two days before the sale so that, if you forget, you can still get the change on the day before.

Is it better to donate or have a garage sale?

So, which has the higher payoff: garage sale or donation? … Hold a garage sale for some quick cash. Donate the items you don’t sell to a charity for the tax deduction. “That way, you’ll end up with some cash and maybe a little extra tax savings on your tax return,” Alessandri adds.

How much of a float for a garage sale?

There’s a very general rule that floats around garage sale pricing circles: price things at one-third of their ‘buy new’ price. This, of course, can’t be applied to everything. For instance, your 20-year-old television may have cost $600 new, but you’ll be lucky to give it away at your garage sale.

How much change do I need for a cash box?

Though the exact amount might vary from business to business, make sure to have cash, sometimes referred to as petty cash, on-hand in the morning. For a small business, $100 to $150 should be more than enough. A good rule of thumb is to keep at least $20 in five-dollar bills and $20 in one-dollar bills.