Holding A Moving Sale
One of the first pieces of advice you will get about moving is to get rid of things you don’t need. Taking them with you will just add to the cost of your move, and you’re better of junking them or making a little bit of money by selling them. So, how do you get started?
First, make a list of the major items which you can or should get rid of. Hold a “virtual yardsale” for them, by posting them on Craigslist. Why? Because you’re likely to get a better price from people who are actually willing to pay for them. Throw anything out you can’t sell or put them up on Freecycle – you may be able to save on the cost of having your stuff hauled away.
When you’ve taken care of the big stuff, start sorting out the small things that you’ll be putting up on sale. If you have a few more weeks or months before you move, start accumulating everything early. Place a “to sell” box in the house so you and your family can start filling it up before the big day. Never put anything up on sale without the owner’s permission and think carefully when deciding to sell items which may have sentimental value.
Advertise you yard sale, to get as much traffic as possible. Consider taking out an ad in the clasiffieds or use free resources like the Internet and church or supermarket bulletin boards. You can also do the traditional route and post flyers and posters, but be sure to check if there are any regulations before putting them up on public poles and walls.
The day of your sale will make a big difference – choose weekends, of course and try to time it when people’s paychecks or Social Security Checks come in. Definitely avoid holiday weekends.
Get your items ready for a sale – clean up your stuff, removing any dirt or grime. Give wooden items and silverware a polish. Wash old clothes and linens. Put price tags on everything, as this is much better than having people ask you how much it costs all day.
Pricing really depends on you – 1/3 of the original price is really just a guideline. Judge each item individually, and ask yourself, for example, how much would you pay for 10 year old tennis shoes.
Prepare for the yard sale day – set up tables or blankets to lay everything on. If you’re selling clothes, have a rack and place the clothes on hangers, to make it easier for people to look through. Arrange books, cds, dvds, etc. so that people can easily read their titles. Basically, just don’t heap everything into a jumbled mess. Expect some early birds, these are usually bargain-hunters looking a good find to sell at a profit. If you’d rather not be bothered, make sure you specify, “No Early Birds” in your ads. Also, keep lots of change and expect most people will have $20 with them most of the time.
For your young children or pets, consider keeping them away from the activity. Keep them inside the house or with a friend. You may want to let the older children help, as it may be a good exercise for them to learn about money.
Do allow for bargaining, though never let anything go for unreasonable prices. If you’re selling an end table for $20 and someone offers you 50 cents, then just calmly tell them that you can’t let it go for that price. Don’t argue – there have been real stories of the police being called at garage sales!
Keep your belongings and your money safe. Have a locked box or use a money belt to protect your cash. Keep the most expensive things close to you and have a someone watching everything at all times. Have at least 2 people present so one person can watch everything, and another one can move around and follow people who may have “forgotten” to pay. It may be a good idea to station yourself at the end of your yard, so you can keep an eye on people who are leaving. Watch out for clever scam artists who use distraction techiniques to steal from you or may try to switch price tags.
Hopefully, you’ll have a great yard sale and end up with a nice bit of cash at the end of the day. You’ll not only make some money from selling your old stuff, but you’ll save yourself the trouble of having to pay the moving company to move them.
