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You
can depend on Rossiter Relocation Services for knowledge and experience in helping you
work through the details of your move. We'll be happy to assist you by
answering your questions and working closely with you to make your
relocation as effortless as possible.
Pre-Plan
Pre-planning brings to mind details that otherwise might be overlooked in
organizing a garage sale, highlighting the various steps necessary for its
ultimate success. Allow at least three weeks for preparations.
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Check with local authorities for restrictions applying to garage sales.
You might need a special permit, or be required to pay a fee or collect
sales taxes. Signs advertising the sale might be limited or
prohibited.
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Consider a joint sale with one or more
neighbors; share the work, fun and profits. The greater the
assortment of items you have to offer, the more potential customers you'll
attract and the more successful the sale will be.
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Decide where to hold the sale - the garage,
patio, yard, basement, or if other families are involved, a central or
community location.
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Set date and hours for the sale. Sales
on weekends and in warmer weather generally fare better. In some
communities, there are "traditional" days for sales. Be prepared to
extend the sale an extra day with special "markdowns" if there's a lot of
merchandise left. Arrange for alternate dates in case of rain.
It's best to avoid holidays.
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Let your insurance agent know you'll be holding a sale, and make certain
your homeowner's policy will cover any liability for injuries.
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Start saving shopping bags and cardboard cartons for customers'
convenience.
What to Sell
Go
through your house with a record sheet or notebook, listing everything you
want to sell. If you have fewer than a hundred items to offer,
consider having a joint sale with one or more neighbors. Here are some
of the kinds of items that are popular garage-sale merchandise:
- Appliances, large and small
- Audio, video and photography
equipment
- Baby equipment and supplies
- Books (such as comics and
paperbacks) and old magazines
- Bottles and jars
- Camping equipment
- China, glassware and bric-a-brac
- Clothes, especially for babies and
toddlers
- Compact discs, phonograph records,
tapes and sheet music
- Costume jewelry
- Curtains and drapes
- Flatware - silver or stainless
- Furniture
- Games, toys and bicycles
- Garden/shop tools - hand and power
- Kitchen utensils and gadgets
- Lamps and mirrors
- Lawn and patio equipment
- Linens and bedding
- Motors - electric and gasoline
- Musical instruments and equipment
- Pets, such as goldfish and gerbils
- Pictures and picture frames
- Plants
- Rugs and carpets
- Shoes
- Sports and exercise equipment
Note
- Do not include in a garage sale firearms of any kind or items that
you know are of exceptional value.
Generally, proceeds are not taxable, provided the merchandise is sold for
less than what you paid for it and you've held no more than a few garage
sales in the past year.
Sorting It All Out
After identifying items you want to sell, the next step is gathering them
all together and making sure they are in tiptop shape.
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Gather all of the items in one place for convenience in pricing and making
minor repairs. Sewing a gaping seam and adding glue or a nail can
mean the difference between a sale and a "leftover."
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Bundle various "go-togethers;' such as cake pans and a cake rack, all of
which could be sold as a unit. Or, wrap a few unrelated items
together as "surprise" or "grab bag" specials.
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See that clothing and linens are clean, and that sizes are clearly marked.
Preferably, iron them and put them on hangers or fold neatly. Pair
shoes and mark sizes.
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If
you're having a sale with other people, be sure to mark each item with a
code number and/or color so it can be identified easily when sold.
This will eliminate questions about profits at the end of the sale.
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As
you identify items to be sold, put price tags on them right away and take
to the garage sale holding area. Don't wait until just prior to the
sale to start pricing. Price tags should be placed on the underside
of dishes - never on top where a pattern could be damaged during tag
removal.
Pricing
Items should be priced according to their worth to consumers, not to the
seller. For items in good working order, charge about 20 percent of
the original purchase price, or a little more if in excellent condition.
Used clothing and books generally fetch lower prices.
The
following list is intended ONLY as a guideline for pricing some of the more
popular household items. Articles in demand bring higher prices, as do
antiques, collectibles, and unusual or handmade items. All suggested
prices are for one item each.
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Pots and Pans, depending on size and
condition |
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Stainless steel |
$2 - $5 |
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Aluminum |
50¢ - $2 |
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Flatware, each piece |
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Stainless steel |
10¢ - 25¢ |
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Silver plate in good condition |
50¢ - $1 |
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Serving pieces |
25¢ - $5 |
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Sports Equipment |
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Tennis racquet in good condition |
$10 |
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Ping pong table, depending on condition |
$5 & up |
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Bowling ball |
$5 - $10 |
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Furniture |
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Couch, might need reupholstering, but
serviceable |
$15 - $25 |
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Office desk, depending on size and
condition |
$10 - $50 |
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Dining table, solid hardwood and needs no
refinishing |
$100 & up |
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Dining table, well-used needs refinishing,
but serviceable |
$35 |
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Garden Tools |
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Lawn mower, power, good condition |
$50 & up |
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Lawn mower, riding, good condition |
$100 & up |
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Hand tools, good condition |
25¢ - $5 |
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Appliances |
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Window air conditioner, depending on size
and condition |
$50 & up |
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Refrigerator, depending on age and
condition |
$50 & up |
Some suggestions for pricing your items
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Keep prices in multiples of five - 5¢, 10¢,
25¢, $1 - for ease in figuring costs and change due.
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When setting a price on each item or group of
items, keep in mind that your merchandise is used and should be priced
accordingly. Try for a happy medium - not too high, not too low
-with enough leeway for a little bargaining. Make exceptions for the
"collectibles" you think warrant a higher price.
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Mark "AS IS" on anything that doesn't work or
is in some way defective, and price accordingly.
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Place a price tag on each article, and list
the prices on a record sheet. For convenience and to avoid lost
tags, use the press-on tags available at stationery and office supply
stores. Small pieces of masking tape also will work.
Advertising
The
key to a profitable garage sale is to operate it like any successful retail
business in a competitive market. One way to do this is to advertise
cleverly and aggressively. Consider coming up with a slogan to use on
large signs, as well as using balloons. Be sure to play up any offbeat
merchandise that might intrigue and attract shoppers.
Let
people know about your garage sale by:
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Running an ad in your neighborhood newspaper
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Calling friends who might be interested
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Announcing the sale to members of clubs in
your community
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Putting signs in windows or on bulletin
boards of neighborhood stores
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Inserting a notice in your church newsletter
or school newspaper
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Distributing announcements throughout the
neighborhood
Put
up signs in the area the day before your garage sale. Be sure to have
a BIG sign at the sale site. Also remember to retrace your route and
take down signs and announcements after your sale.
When
making signs, BIG and BOLD lettering is a must. Include the date,
times and address of the sale. Black lettering on white or yellow
paper is very effective.
If
you put up directional signs in your neighborhood, be consistent with their
appearance so shoppers don't get confused and attend another sale.
Don't be surprised if you have shoppers arriving the night before the sale
just to look around, or who arrive an hour before your posted start time.
You must decide if you want anything sold before you are ready.
Displays
Before arranging your wares, remove from the
sales area everything you don't want to sell.
Cover with a sheet or drop cloth heavy items that can't be moved and attach
big "NOT FOR
SALE" signs to them.
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Organize clothing by size and set up a rack
on which to hang apparel. A clothesline
stretched across the garage or a ladder suspended horizontally from the
ceiling will serve this purpose.
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Boards set across trestles will serve as temporary display counters.
Leave aisles wide enough for customers' convenience.
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Group similar items together. Use corrugated
cartons to hold small articles, compact discs, records and books. Stand compact discs, records and books on edge for easy flipping.
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If possible, provide a convenient electrical
outlet or extension cord for testing appliances.
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Have a tape measure on hand so shoppers
can measure furniture to see if it will fit a
particular spot in their home.
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Think about allowing your children a table
on which to place their items for sale and
letting them keep the proceeds.
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If you have a lot of clothes for sale, consider
providing a mirror and a makeshift dressing
room. Make sure you have someone in
charge of checking shoppers into and out of
the room. In order to prevent shoplifting, it
is wise to use cards with numbers that correspond to the articles of clothing shoppers
want to try on.
Consider making a sign for each area of your
sale, such as: Books, Magazines and Music;
Housewares and Kitchen Gadgets; Odds and
Ends; Everything on This Table 3 for $1; and
Surprise Grab Bags 10¢ and 25¢.
Sales Personnel
The more help you have on hand, the better. It's
difficult for one person to manage a sale of any
size alone. An individual might ask friends to
assist, but the majority of garage sales are family
or cooperative affairs.
If yours is a one-family sale, involve the
whole family:
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Mom - Manager and in charge of cash.
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Kids - Wrap merchandise, help tote purchases
to cars, police sales area and keep
displays straightened.
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Dad - General handyman and helper-outer.
Children also could make themselves or the
family a few extra dollars by selling lemonade, soda, hot chocolate and/or
coffee, depending
on the season. Beverages should be served in small cups so shoppers can handle them easily
while browsing.
If yours is a cooperative sale, develop a "duty
roster" in advance of opening day:
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Choose a general manager to have final
authority in settling disputes.
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Designate clearly each person's duties during
the sale; consider rotating jobs so each has a turn at everything.
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Be sure all participants understand the
record system.
A final note -
Have a car available for errands, and treat yourself and other participants
to
carryout for lunch and dinner to make the day easier.
Security
There always is the possibility that your sale
might be visited by people hoping to pick
up something for literally nothing. To guard
against this:
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Try to always have at least two people present
so the sales area is never left unattended. A person alone in the selling area might
be subject to physical intimidation by
the unscrupulous. Shoplifters often work in pairs, so one
can distract the seller's attention while
the other takes wanted items. Be alert to
these tactics.
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Instead of keeping your cash in a small box,
wear a money belt to make change, and
keep large bills in your pocket.
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Allow customers in the sales area only.
Strangers might visit your sale solely for
the purpose of learning whether you have
anything worth burglarizing later.
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If anyone brings a shopping bag or other
container, ask that it be left with you until
the decision of what merchandise to buy
has been made.
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Keep an eye on people who loiter for no
apparent reason, particularly those who
seem to be watching you.
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Display small, easily concealed items in an
area that will be easy for you to watch -
perhaps near the checkout counter.
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Keep the doors of your residence locked
while you are conducting the sale at your
home. If you have a cordless telephone, take
it with you, but keep it away from shoppers.
The
most effective way of frustrating suspected
pilferers is to follow them around and ask what they are interested in and
whether you can
help. Such close supervision soon will cause them to leave.
Ready, Set, Go!
Have everything ready the day before the sale
so you will be ready to go at your advertised
starting time. You'll need:
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Plenty of change, including dollar bills. Pick up coin rolls at the
bank before the sale. Be sure you know how much change you have on
hand to start with.
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An
old fishing tackle box or plastic container that has divided sections to
use for change.
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Paper and pencil for computing costs. (A small calculator is helpful
but crucial if you have to charge sales tax.)
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A
record sheet. Mark off without delay items sold and price changes
made.
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A
trash container, which you should keep close by as items are sold so your
sales area remains neat.
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Wrapping supplies - newspapers, shopping bags, cardboard cartons, twine, a
stapler and scissors or a sharp knife.
Have a firm CASH ONLY policy, with a big sign
to that effect. Accept checks only if you know
the writer well.
Ask for a deposit if a customer wants an item
"held." It also is wise to set a time limit for
holding items.
It's a good idea to keep pets confined during
the sale. Some pets can become agitated by crowds and unfamiliar
people, or drive shoppers away. Paws can be stepped on by
overzealous shoppers.
Bargaining
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Bargaining is expected. List price changes
on your record sheet.
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Discounts, especially on major items, often
will close a sale. Ten percent is a good beginning discount offer.
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Some shoppers might want to bargain with
you at the beginning of your sale. Tell them
you'll discount everything after lunch if they
come back then.
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Reduce prices near the end of the sale. A
cash profit, however small, is better than
winding up with many leftovers.
After the Sale
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Divide up the profits if the sale was a cooperative effort, remembering to deduct the
amount with which you began.
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Many banks charge a fee to count and roll
loose coins, so you might want to let your
children have fun doing that job.
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Keep the money in a safe place until it can
be deposited in a bank.
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Remove all sale signs you put up,
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Consider donating any leftover items to
charitable organizations such as Goodwill,
the Salvation Army and children's homes.
They generally give a receipt for donations so the value can be deducted on
a donor's
income tax return. Or, contribute leftovers to church rummage sales,
resale shops, schools or community centers.
Congratulations!
You've made a profit by disposing of all those
things you didn't want to take to your new
home...and wasn't it fun, too?
Last-Minute Checklist
The evening before opening day for your garage
sale, make sure you have the following:
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Plenty of change on hand.
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Record sheet.
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Wrapping materials at checkout counter.
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Price tags on all merchandise.
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Everyone alerted as to their responsibilities.
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Alarm clock set for early rising tomorrow.
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