Hear us out! There's no better way to get organized and make a little money at the same time. ‘Tis the season for garage sales, and while they're fun to shop, they're even more fun to host! No, really. $500 Minimum Wealthfront requires a $500 minimum investment and charges a very competitive fee of 0.25% per year on portfolios over $10,000.You guys know how much we love a good yard sale, right? We basically wrote the guidebook for becoming a yard sale ninja, and today we're turning the tables! We'll show you how to hold your own successful yard sale–these garage sale tips will help you make bank!.Offers multiple automated portfolio options. No Minimum Low-fee robo-advisor, only $10 to get started.M1 charges no commissions or management fees, and their minimum starting balance is just $100. Recommended M1 Finance gives you the benefits of a robo-advisor with the control of a traditional brokerage.What garage sale tips do you have? Recommended Investing Partners “Play some soft music.”Ī study found that playing soft background music in a mall made people stay longer and spend more. “Sell water and baked goods,” Lynda says. “Group all of your kitchen items together, your electronics together, and so on,” Lynda says. Imagine you are a store owner for a weekend. “Or other people having sales may take down your sign, or cover yours up with their own.” “Bigger ones flap in the wind.”Īccording to Lynda, you must enlist a friend to check your signs a few times during the day. “Use 15×15 neon poster boards,” Lynda says. If you put stickers on items, people may switch them around, tricking you into selling something for less than you wanted.Īccording to Lynda, the best ways to advertise your sale are through social media and web sites like .Īnd don’t discount an old-fashioned sign (even if you advertise online, you should still put up a few signs directing people to your exact location).īigger isn’t better when it comes to signage. “You’re more likely to hold a sale if you know you can just load everything into the garage and open shop.”Īnd let’s face it: People suck sometimes. ![]() “Pricing makes people procrastinate,” Lynda says. If it’s not quite what you had in mind, and it’s early in the sale, say no.Īnother reason not to price items? It’s tedious and time consuming. ![]() “The buyer may be perfectly willing to give you more than you think it’s worth.” “A buyer may adore something you don’t care much for,” Lynda says. But you won’t make as much money this way. You may be tempted to price every item you put up for sale. “People are very willing to stop after dropping the kids off at school or on the way to work,” she says. Just because people work on Fridays doesn’t mean they won’t go shopping. On a Friday, they’ll have no other choices but yours.” “On Saturday, there might be five garage sales in your area,” she says. They know you still have two more days to sell your inventory.”Īnother perk to a Friday sale? Less competition. “People are also less likely to try to negotiate price with you on a Friday. “Serious buyers like antique dealers and eBay sellers hit sales on Fridays,” she says. You might think Saturday and Sundays are the best days for sales, since most people don’t work on the weekends. We asked Lynda Hammond, the force behind Garage Sale Gal, a web site on which people can advertise their sales, for tips: According to the New York Times, if you put some thought and planning into your garage sale, you can net between $500 and $1000. You stand to make some decent pocket money. Looking to make some extra cash? Summer is the perfect time to have a garage or yard sale. Loan Payoff Calculator: How Quickly Can You Repay Your Loan?. ![]()
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