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How do I decide how much to charge clothes at my garage sale? |
I don't want to price them to little or too much. So what's a fair deal? And they're not crappy clothes either. Most of them are name brands and really nice. And also tons of cute nice baby clothes. Go to the Salvation Army website and look for their Donation Value Good. They list the fair market value for all kinds of things - clothing, appliances, books, etc. Also check out the IRS site for their Guide for Determining Fair Market Value. Both of these are guides for items donated to charities, but they serve just as well to inform you as to what you should expect to receive for items sold from your garage. Bear in mind, no matter how nice these items are, they are used. They lost a lot of value the moment you first bought them. The whole purpose of a garage sale for you is to get rid of stuff you no longer want, and for the shopper it is to find decent items for a real bargain. Clothes always go super cheap at yard sales, especially kids clothes. Even if they are brand names, people are looking for cheap, cheap stuff. Nothing should be more than $5, and most of it should be $1 to $3 dollars. Coats might go for more if they are in great shape. ponder on original price, then deduct for useage and wear and tear. then you have your price start at like 5 bucks, than, as the day goes buy, reduce it Whatever your pricing, make sure it is higher than what you are willing to accept. Almost all garage sale attendees are looking for a bargain. Set you price at least 30-50% higher so you can accept the lower offer. A buck a piece. If designer, then get 2-3 bucks each. I always try to keep my items in even dolalrs, bundling more than 1 together to make it worht a buck, if necessary. from experience i would put a high price on them so when they want a lower price it would be a good price, when they think they got a low price you got the price you wanted for the item, i hope that makes since, good luck Yeah, e-bay is definitely better, because you can get really desperate, because you put so much time and effort into preparing for the day and getting everything set up....you end up selling each clothing @ 50 cents each. Well if they have tickets on them, I would sell them a few dollars below the ticket price. If not, sell them about the price you would give for them. If it's a 2 day sale charge a fair price the 1st day and buy one get one free the next. You might want to keep an eye out for less fortunate families and single moms who need a break. start at like 10 bucks and then go to 5 if no1 wants them put a price on them that you would give for them at a yard sale. How bad do you want to get rid of them? If you haven't worn the article of clothing in the past two years what is it worth to you? At garage sales I price things to move. I don't want this stuff anymore and so I price low. My wife takes a pretty hard line when it comes to the kids clothes. If it is really a quality item and saw little wear she will price it at 20% of its original price. She might bargain a bit if the buyer is looking at several items. If it doesn't sell she might keep it for another sale (there seems to be a better chance of selling it just before school starts in the Fall). If it still won't sell it goes to the church or Salvation Army. Don"t price them, let people make an offer, then bargain. You can not get much more for a dollar. It is sad but if you don't want to get stuck with them. |
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