Yard sale season has arrived. If you are considering hosting a yard sale, consider the following tips to make your sale a success:
• Plan well in advance. Preparing for a yard sale takes time. Start by organizing the items you want to include in the yard sale in one spot.
• Sort items into similar groups (household goods, children’s clothing, women’s clothing, shoes, toys, baby items).
• Consider your location. Will buyers be able to easily access your sale? If your location is not ideal, talk with a friend or a family member about hosting a joint or multifamily sale at their location.
• Price items before the sale. Attend other yard sales in your neighborhood to get an idea of how to price items.
• Check your city ordinances for information on permits and advertising.
• Consider hosting your sale early in the month, people tends to have more disposable income at the beginning of the month as opposed to the end.
• Advertise! Spread the word through friends, neighbors, and social media. Consider free online classifieds or placing an ad in your local newspaper.
• Make certain you have either another family member or friend to help you on the day of the sale.
• Do not leave your cash box unattended. Make certain you have bills and coins for making change.
• Consider pricing items in 25 cent increments, to help making change easier.
• Have a notepad or calculator on hand for adding up prices and making change.
Source: Jennifer L. Hunter, Extension Specialist for Family Financial Management, University of Kentucky; College of Agriculture, Food and Environment