While you are pricing garage sale items, remember that people are looking for good deals. Whatever you do, don't charge too much. A good rule of thumb for garage sales is to keep most things under $5. Remember that these items are things you no longer want, so you should be pricing garage sale items at prices that will sell. You don't want to have to stack them away again and lose the extra space you were planning to have.
That old chair that grandpa used to sit in every time he visited? Look at it with the eye of a person who only sees an old, threadbare chair with stuffing coming out of the side. If it has so much sentimental value that you could not part with it for any less that $500 then you'd be better served to keep it in your living room and out of the sun, because that's the farthest it'll go that weekend. Do not include sentimental value in pricing garage sale items. They are only sentimental to you – not to the potential customer.
If you have some items that you only want to get rid of as quickly as possible, feel free to set up a freebie box next to the cashier's area. This is a good place for items such as odd washers, painted switch covers, or old dish towels. Do not put this bin anyplace other than the cashier's stand, because that will prevent people from arguing, "But I found it in the freebie box!" when you know full well you didn't put it in there. A box like this can be a good idea because people will feel like they got an extra deal and you can get rid of still somewhat useful stuff that is not even worth the price of a piece of masking tape. You sometimes have to forget about pricing garage sale items if they are things you desperately want to be rid of.
Pricing Garage Sale Items
The purpose of this article is to give you a couple of quick ideas that will help you determine good garage sale pricing levels so your items will sell and produce the best possible profits.
The biggest challenge you will need to face is the challenge of 'pricing from the heart'. Some items are useless to you, but useful (valuable) to others. And of course some things that you value may be absolutely worthless to anyone else on the planet.
The easiest garage sale pricing tip we can give is to use color-coding. Choose several different coloured stickers (or tags) and then give each colour a price. At the sale, in plain view, post a large sign with the price scale for each colour of sticker you use. Then, simply mark all of your items with coloured stickers. This is one of the fastest and easiest garage sale pricing techniques around.
Be sure to have a smaller version of the price key at the cashier's table – this garage sale pricing tip will make your life much easier. The color-coded method as a garage sale pricing tip works really well if you are having a two-day garage sale and you advertise that you will be reducing prices on the second day. Then, instead of changing the price on every single item, you can simply post a new sign or make changes on the one you have up already.
Pricing the stuff you want to sell at your garage sale does not need to be a stressful event. Just think about how much you'd be willing to pay for that item if it were used and had no special meaning to you. If you do that, you'll be in the right ballpark and will have much better success at selling all your stuff.
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