Our Real Estate Blog
If you plan to sell your house in the near future, now may be a great time to host a garage sale. That way, you can get rid of excess items, declutter your house and earn extra cash at the same time.
Ultimately, hosting a successful garage sale can be easy – here are three best practices to help you get ready for a garage sale.
1. Organize Your Inventory
A garage sale provides an excellent opportunity to sell a broad range of items – everything from kitchen appliances to gym equipment. As such, you'll want to sort through your belongings and separate must-keep items from those you can live without.
Organize belongings based on where they go in a home – you'll be glad you did. This will enable you to plan ahead for how you'll showcase various items during your garage sale.
Moreover, if you find some items are no longer usable, you should get rid of them altogether. Dispose of any damaged items, and you can immediately remove clutter from your residence.
2. Price Your Items Competitively
One person's junk is another person's treasure, and if you understand the true value of your belongings, you'll be able to price them competitively during a garage sale.
If you plan to sell electronics, jewelry or other high-end items at your garage sale, it often pays to perform research to learn about the true value of these items. Performing an online search of an item will help you see how various sellers around the globe are pricing the same item. Or, you can always contact local retailers directly for expert pricing insights as well.
In addition, consider the age and condition of an item before you price it. If an item looks brand new and performs great, you may be able to earn a significant profit from it. On the other hand, if an item shows signs of aging, you may want to lower your pricing expectations.
3. Promote Your Garage Sale to the Right Audience
Create flyers that you can post around your neighborhood to promote your garage sale. These flyers should include information about the date, time and location of your garage sale, thereby making it easy for those who see the flyers to find your event.
Don't forget to post details about your garage sale online too. Share information about your garage sale with family members and friends on social networks, and you should no trouble stirring up plenty of interest in your event.
Lastly, if you're planning to sell your house and need help getting your residence show-ready, you may want to consult with a real estate agent.
A real estate agent can offer expert tips to help you declutter your residence and ensure that your house is an attractive option to homebuyers. Furthermore, a real estate agent may even be able to help you prep for a garage sale, increasing the likelihood that you can make this event an instant success.