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It can take a lot of time and effort to do a yard sale but the good news is that it doesn't require you to pay anybody a commission on whatever money you earn. However, it's a good idea to call your city's office as might need to get a permit to hold a sale. In the event that you do, it will probably only cost a few dollars.
Another good thing about a yard sale is that almost anything that's not valuable enough to put into a consignment shop, an auction house or online is fair game. Even broken items can be sold at yard sales. Malfunctioning electronics can be particularly good because people often buy them for parts.
Believe it or not, the best strategy is to not price anything. The most stressful and time-consuming part of a yard sale is determining how to charge for things. A better solution is to ask buyers for their best offers. In many cases they'll name a price that's better than what you would have suggested. If you run into people who seem to shy to negotiate then you will have to name a price. You can get a fairly good valuation of the stuff you will be selling on the website Statricks.com. It compiles pricing data from online auction sites such as eBay and from classified ads on Craigslist and offers aggregate pricing on literally hundreds of thousands of used products such as bicycles, computers, small appliances, photo and video equipment and musical instruments.
To get the word out regarding your yard sale, you might put a free ad on eBay classifieds, Craigslist, YardSaleSearch and GarageSaleHunter. You should also put information about your sale on social media sites such as Instagram, Twitter, and Facebook. Be sure to make enough directional signs to get people to your house from major streets. One expert says you should use signs no larger than 15 x 15" and that simply says "Sale" and includes an arrow pointing the way to your house.
The best time to start a garage sale is Thursday or Friday and start early – like 6 AM or 7 AM. That way you'll get people driving the kids to school or going to work. If you have items left, you can always continue the sale during the week.
Be friendly. If you're reading a book or talking on the phone people are less likely to buy from you. However, if you greet them warmly and are available to answer their questions and to negotiate, you'll do much better.
Finally, keep your house locked during your yard sale and keep your money and your phone with you all the time. Also, turn down payments in big bills, as they could be counterfeit.