For the best attendance, choose a Saturday or Sunday morning between 7 a.m. and 11 a.m., when temperatures are cooler. If you can have a two- or three-day sale, that's an even better way to maximize your profits.
Most garage sales are held on Fridays, Saturdays, and Sundays, with Saturday often being the most successful sale day. However, don't forget to check the weekend forecast. You'll get more shoppers on good weather days than on bad.
Fridays and Saturdays are generally the best days for a garage sale. Consider holding one the first weekend of the month when many people get paid and have more discretionary cash. Set the date at least a month out to allow time to gather and price sale items.
The best months for sales are April, May, June and September.
Items That Aren't Worth Selling at Garage Sales
You likely know that stained clothing, broken electronics and worn-out shoes are all items to leave out of a garage sale.
Because tools and furniture are in demand and hold up well over time, they typically sell well and/or make the most money at yard sales. If electronics are still current and in good shape, these can also be high earners.
Conventional advice is to have at least $100 cash available to make change. Here's a common breakdown: (20) $1 bills = $20. (5) $5 bills = $25.
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.
Friday, Saturday and Sunday mornings are usually the best time to hold a successful garage sale. Consider scheduling your sale on the first weekend of the month—when people have just gotten paid and haven't spent all their fun money yet.
Most yard sale start around 8-9AM and finish off by 2-3PM. If you are not an early riser, don't pick 7AM because you have to calculate prep time in. If you are unsure of when you might end your sale, put a question mark.
Most garage sales last 3 – 4 hours, typically from 7:00 a.m. – 11:00 a.m., or 9:00 a.m. – noon. Some garage sales may even go until 4:00 p.m. or 5:00 p.m. depending on how popular it is, or how many items remain after peak hours.
Baby & kids clothing, toys, and gadgets sell super well as well as kitchen stuff (dishes, cookware, etc). Adult clothing can sell, but it's generally not as popular as kids clothing. If you don't have many of the best selling items, a garage sale might not be worth your time.
Garage sales are typically the sellers personal items being sold in Their personal Living Area (Garage). While a rummage sale is motioned towards charity events and selling old or used items for a charity event. You most likely see these at schools, or churches.
Day & Time - Don't pick a holiday weekend (Memorial Day, 4th of July, Labor Day) to have your sale. On these holidays people are known to do a lot of traveling or stay home.
As for the day of the week, you'll have better luck with foot traffic on days where people aren't at work, so it's best to stick to weekends. Both Saturdays and Sundays are good options.
Post your garage sale flyers around the neighborhood a few days before the yard sale. Make sure to place them in high-traffic areas like marts, parks, office elevators, and churches so people will see them. You can also ask your friends and family to help out.
The lower the price, the faster it will sell, the more money you make and the less you will have to pack up at the end of your sale. Nobody likes packing up the leftovers. A good rule-of-thumb for pricing is 1/2 to 1/3 of retail prices.
Guide to Pricing for Resale
1) Pricing should be about 20-25% of the retail price (the price charged by the original store) 2) In the case where you are reselling a New item with the Tags on it you can charge slightly more than 50% of retail or the last Discounted Price which may be priced lower (example Jos.
Label your items by price
Then, simply mark each item with the appropriate color, make signs with Post-it® Super Sticky Big Notes, and hang them on your tables to tell your customers what the colors mean.
Travel advances, meals, mileage, or other travel related expenditures cannot be reimbursed using a petty cash fund. Misuse of the petty cash fund, (for example: personal loans or expenditures, and overages, or unexplained shortages) will result in the confiscation and revocation of the fund.
A yard is equal to 10y—10 to the ninth power—or the number one followed by nine zeros, which is written out as 1,000,000,000. If someone were to purchase one billion U.S. dollars, they could refer to the purchase as a yard of U.S. dollars.