Tag sales
A pre-move tag sale of items you no longer want or need will
save moving expenses, make your house look better while it's on
the market, and maybe even bring in an extra couple of hundred
bucks. Here's how to make sure your tag sale is a smash.
Plan ahead
Put some effort into the planning. Set a date several weeks in
advance so there's time to sort and tag lots of stuff. Thursday,
Friday and Saturday are the best days for sales; try to avoid
holidays. And don't forget to check whether your community
requires a permit.
If you're holding a winter sale indoors, a clean garage,
basement or other uncarpeted area is usually best. Just be sure
to put away anything that's not for sale and cordon off private
areas.
Let your neighbors know about the sale and suggest they have one
on the same day, so you can split the cost of advertising and
attract more people. If you have a group sale, use different
colored tags for each person and let everyone deal with his or
her own pricing and bargaining.
Get the word out
Bargain hunters always comb the local newspapers for tag sales,
so it's worth spending a few bucks to take out a listing. Here
are some other ways to lure customers:
- make bright cardboard
signs with the date (and rain date), time, address
and directions, as well as a general description of what
you're offering -- small appliances, children's clothing and
CDs usually attract customers. List any specialty items,
such as Wedgwood china. Your REALTOR?/sup> may be
able to lend you professionally printed sandwich-board style
signs.
- post the signs near busy
intersections and drive by to make sure you can read
them. Cover them with clear plastic if you're worried about
rain.
- post notices on bulletin
boards in high-traffic spots such as supermarkets and
community centers a week before the sale.
- use balloons to mark your
driveway. Have a large sign out front, too.
- have a box of freebies and
nicer items such as furniture near the curb -- both draw
people in.
- put out water, coffee,
even donuts.
- if you don't want people
showing up early, specify "No Early Birds."
But don't be surprised if they show up anyway.
Keep things moving
Make sure people can move comfortably around at your sale --
browsing is easier if you display things on tables. You'll
likely have to borrow extra folding tables from friends and
family or from a local church or community center.
Do an inventory of items you're selling and make sure everything
is clean and clearly priced. If you're selling valuable items
but you're not sure what they're worth, you can hire a pro to
catalogue and price items for a commission.
Some tips for moving your stuff:
- fold clothing or put it on
racks. Put a hand mirror -- marked "Not For
Sale" -- by hats and jewelry. Straighten up the display
during lulls in the sale.
- have batteries and
extension cords on hand to demonstrate that items
work.
- group tableware together
and sell it as a set rather than individually.
- lay a blanket on the
ground with some 25-cent toys to keep kids busy.
- pick your best item and
raffle it off.
- provide bags and boxes
to pack purchases.
Show me the money
When the sale gets busy, you'll need friends or family to assist
customers. Anyone accepting cash should be
ready with plenty of small bills and change -- at least $20
worth.
Some people like to be firm with prices, but tag-sale customers
enjoy haggling and like to walk away feeling they got a great
deal. So it's usually better to set
prices high and allow bartering. Remember, you have more
bargaining power at the beginning of your sale, or when it's
busiest. As the sale comes to a
close, move remaining items together and be prepared to reduce
your prices.
Unsold items? Don't lug the leftovers along to your new home.
Donate useful items to a thrift shop -- you may even get a
receipt for a tax deduction.
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