Is your home is overflowing with toys, children’s clothes, and other things that you’re not using? What about your friends, neighbors, and other family members? If yes, this is a perfect time to start thinking about a multi-family garage sale! Garage sales are on the rise partly because it’s a way to make money from things that are no longer needed.
A garage sale can be a good way to simplify and let go of clutter. Here are five simple steps you can take to help you organize a family garage sale:
- Invite several families to participate. When you have more items to sell, especially larger size toys, furniture, and tools, this can attractive to buyers and draw a crowd. If no one on your block is interested, invite other families and decide on the location with respect to street traffic.
- Set the date. Give yourself one month (or more) to get ready for the sale. Begin the uncluttering process and then select the items that will be sold. Price items the week before the sale, place signs the night before (check to to see if you need a permit), and plan on a very early start on the day of the sale. You can often advertise your sale on some of the online garage sale sites, too.
- Encourage your kids to choose 10 items each to sell. Your children will profit in many ways, including learning to declutter (deciding what to keep and what to let go of) and learning how to handle money.
- Keep your pricing simple. Not sure how to price everything? Typically items are priced at 25% of their original value, so use that as a benchmark. You can write the cost on colored dot stickers and place them directly on each item. Buy your stickers from office supply stores, Target, Walmart, or local dollar store. Also, think about having a “Free Box.” This is a box that has items you definitely want to be sure are off your hands at the end of the sale.
- Donate remaining items right after the sale. You have already let go of the items by offering them for sale. At the end, if there’s anything left, donate them. You can take them to your local charity off or schedule them to be picked up. Remember that you can itemize and list the items (for tax purposes), using the free, online program, ItsDeductible (by Intuit).
Garage sales take time and energy, but partnering with other families makes it fun and helps everyone earn an extra dollar too!
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How to De-clutter and Make Money Now by Donna Smallin Kuper
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