Warmer weather is here, making it a great time to start planning for a yard sale to get rid of all of your unwanted items. You can make some extra cash on the side with the added bonus of cleaning out your home.
But if you really want to earn some serious cash from your sale, a little bit of planning will go a long way towards your success. Host an epic yard sale and maximize your profit with these easy-to-follow tips.
Get the schedule right
It might be hard to attract buyers to a yard sale on Wednesday at 11:00 am, but you’ll also have a lot more competition from other sales on the weekends. Look for any upcoming holidays that fall on a weekday where schools and businesses may be closed, and bring in more traffic.
Talk to the neighbors
You’re probably not the only person on the block who wants to get rid of old items, so see if a neighbor or two wants to team up for a bigger sale. You’ll double your audience just based on your personal networks; plus a more significant sale offers more opportunities to find steals—which is much more enticing to buyers outside of your area.
Put the word out
You’ll want to tell as many people as possible about your sale if you hope to actually pull in traffic, so start hanging paper fliers around your neighborhood and in local establishments. Put up a notice online to increase your reach even further. Social media can be an essential ally at this point, as you can start posting “teasers” of items that will be for sale to generate interest before you even set up a table.
Don’t neglect the sign
If your outreach has been successful, you may have people coming from nearby cities or towns, and they won’t know your local streets like you do. Make sure you put out big, colorful signs along common routes to your house, starting as far back as an off-ramp if you want. Lettering should be bold and easy to read, and each sign should point drivers in the right direction.
Set it up like a store
Group similar items together on the day of your sale, as you would find in a store. This will help buyers find items easier, but will also let them know if there are multiple of the same thing available—one new wine glass is nice, but a set of four is far better. Give buyers the tools to try out items when applicable, such as having mirrors set up near sunglasses or jewelry, and extension cords that will allow buyers to verify that the appliances work.
Your yard sale isn’t a chance to get back full retail value for your items, so the more significant deals you can offer, the higher the total profit you’ll bring home. If you haven’t used something in years, then even a few bucks for it is still money in your pocket. Most yard sale shoppers will be buying with cash, so keep prices low; a reasonable limit is to aim to sell most items for under $100. As the day goes on, you can start discounting prices further to move items that are still available.
Make it enjoyable
Is your sale on a hot day? Offer refreshments to keep shoppers around for longer. Play music to give the event a fun atmosphere, and slice up some fruit into small bites. Talk to as many people as you can, and you’ll get to know some new faces while bringing in more cash.
Protect your earnings
Once you’ve made some extra cash at your yard sale, it’s time to put it to good use. With a Green Dot Prepaid Mastercard® or Visa® Card, you can deposit your cash on a prepaid card that allows you to spend wherever Visa Debit or Debit Mastercard is accepted in the US. You’ll have money management tools, access to direct deposit and no overdraft fees. (Check out Green Dot’s simple fees before applying.)
Beef up your savings, build an emergency fund, or just have some extra cash to cover your expenses with a yard sale. Whatever you need to do, get it done with your very own Green Dot Prepaid Mastercard or Visa Card!