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Side Hustle: The Garage Sale Preparation
Posted By Jason On May 17, 2010 @ 11:03 am In Finance | Comments Disabled
We had a garage sale last week, as a wrap-up to the April 30 Day Project [2]. We got rained out halfway through the first day of our 3-day sale, but we still managed to clear $1500. We held the sale in our neighbor’s garage because it had more space and better visibility.
Wednesday night, while carrying boxes over, I missed the step to their property from our driveway and crashed while carrying three boxes. That’s a twisted ankle and a bleeding knee. Naturally, while I’m hopping and swearing, everyone is concerned that I’m okay. The worry-warts. Anyway, it hurt, so we stopped setting up while we still had a few boxes left in the basement.
After I stopped twitching on the floor at the base of the stairs, I managed to get the last of the boxes ready. Instead of sympathy, I spent the rest of the weekend getting asked if I needed an inflatable doughnut to sit on. There are places I’d prefer not to have bruised.
Unpacking the boxes made me glad that everything was priced. We spent 6 weeks going through our entire house-every room, every dresser, every drawer-to eliminate the clutter. As something went into a box, it got priced, so we didn’t have to do it all at the last minute. That is the most important time-saving step for a garage sale. Price it as you pack it. You don’t want to waste hours pricing stuff while tripping over potential customers.
Another preparation tip to do early: Find tables! Ask around. You’d be surprised at who has a dozen folding tables collecting dust in his basement. It’s better to borrow that to rent. The best price I found was $17.50 to rent an 8′ X 30″ table for a week. We didn’t have to do that, but we thought we would have to. I borrowed a few, found a few, and built a few out of sawhorses.
The week before the sale, we placed an ad in the paper. When I placed the ad [3], the paper called to suggest we change it from running the weekend before to running just the days of the sale. I agreed, to a point, but their Sunday circulation is miles ahead of the weekday circulation, so why pay to run an ad nobody will see on Thursday? I ran it Sunday through Tuesday, because I wanted the Sunday ad and we got 3 consecutive days in the price. Did I actually know better than the paper’s sales-weasel? Who knows? I think I made the right decision.
The Sunday before the sale, I posted an ad on Craigslist [4]. Interesting fact: little old ladies use Craiglist [3]to plan their garage-sale adventures.
Two days before the sale, we made signs. Bright pink signs with brighter yellow starbursts. They were all simple. “Mega Sale! 8-5″ followed by an arrow and our address. Simple, easy-to-read, and bright. The morning of the sale, after the ibuprofen kicked in, I put the signs up. When you make signs out of paper, always include a crossbar. It rained a lot the first day of the sale, so the signs wilted. The second morning, I went out with some duct tape and crossbars and fixed them all.
The day before the sale, we got cash and change. We had $50 in 1s and 5s and $25 in silver change. No pennies. Nothing was priced to make us need them.
The morning of the sale, we set up two canopy tents in the driveway and pulled the prepared-and-filled table out under them. We finished stacking as much as we could on the tables and called it “open”. There were a few boxes we couldn’t put out due to the rain. We simply ran our of room. At noon, $65 into the sale, we decided enough was enough and shut down-cold, wet, and miserable. Lunch and a nap made the day better.
Later, I’ll discuss the other parts of our successful sale.
Note: The entire series is contained in the Garage Sale Manual [5] on the sidebar.
Update: This post has been included in the Money Hacks Carnival [6].
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Article printed from Live Real, Now: http://liverealnow.net
URL to article: http://liverealnow.net/side-hustle-the-garage-sale-preparation/
URLs in this post:
[1] Image: http://www.flickr.com/photos/paalia/2585050352/
[2] April 30 Day Project: http://liverealnow.net/april-30-day-project-update/
[3] placed the ad: http://liverealnow.net/side-hustle-the-garage-sale-marketing/
[4] Craigslist: http://liverealnow.net/selling-on-craigslist/
[5] Garage Sale Manual: http://liverealnow.net../garage-sale-manual/
[6] Money Hacks Carnival: http://www.engineeryourfinances.com/2010/05/money-hackers-carnival-117-wedding-marriage-edition/
[7] Share: http://www.facebook.com/sharer.php
[8] Side Hustle: Garage Sale Tips: http://liverealnow.net/side-hustle-garage-sale-tips/
[9] Side Hustle: Garage Sale Management: http://liverealnow.net/side-hustle-garage-sale-management/
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