Earn Extra Money by Holding a Yard Sale

If you’ve been searching for a way to earn some extra cash, the solution could be conveniently tucked away in your attic. Selling the stuff that’s been collecting dust in your house can be a nice source of spending money, allowing you to replace the junk you just sold with new junk. Mechel Glass shares some tips for making your yard sale a success on the
Equifax Finance Blog.
In
“Need Extra Cash? Host a Yard Sale,”Glass outlines several strategies for maximizing profit. Some of her tips include:

  • Picking a date. Rather than closing your eyes and choosing a day at random, be specific. One reason for this is because you may need to get approval from your homeowners’ association and local government. Make sure that you know the rules in your neighborhood – some designate a specific weekend or two each year for yard sales.
  • Pricing your items. You want to move your items, and browsers want good deals. Proper pricing can accomplish both of these goals and leave both parties happy. A good rule of thumb is to price items in good condition at 25 to 30 percent of retail value. By pricing items before the sale, you can make things easier for everyone.
  • Advertising the sale. More traffic means more sales. Local newspapers usually offer inexpensive rates specifically for yard sales. Free online sites such as Craigslist.org can also be great sources of advertising. When creating your ads, be as descriptive as possible about the types of items at your yard sale.

To read all of Glass’ tips, be sure and visit the
Equifax Finance Blog.