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Welcome Home Magazine
79 Spyglass Drive
Littleton, Colorado 80123-6657
Phone: (303) 797-8400
Email: jim@welcomehomemag.com
Copyright 2008 Welcome Home Magazine
Selling Stuff Not Tough
All that stuff cluttering up your closets and forcing your car to spend the
night in the driveway could be worth a small fortune in a garage sale.
According to Jim Hurrell, owner of Mile High Flea Market “having a garage sale
is a good way to get rid of all the accumulated stuff you don’t want anymore,
but a profitable sale requires good planning.”
A great place to have your next garage sale is Mile High Flea Market.
“We see hundreds of garage sales every Saturday and Sunday out here and the most
successful ones all have one thing in common — everything is neatly displayed so
that it doesn’t look like junk,” he said. “The old adage, ‘One man’s trash is
another man’s treasure’ really is true, but to get top dollar for it, it has to
look good.”
To increase your chances for success, Hurrell suggests following a few simple
rules:
n Spend time cleaning and arranging items for a sale. Arrange them so they can
be easily viewed, and group them according to theme. (Kitchen utensils separate
from garden tools, etc.)
n Clothing sales can be increased by arranging items on hangers and clearly
marking sizes.
n Never place items in a box on the ground and strategically place large items
to attract passersby.
n Pricing is a sticky matter for many people, but as a general rule don’t expect
to get more than 30 to 40 percent of what you paid for an item. Use masking tape
for tags and be sure to price each item separately.
If you paid $100 for something new and used it several times, it’s not worth
$100 anymore,” Hurrell said. “A good rule of thumb is to price things at about
30 percent of their current retail value. Clothing should be priced at 50 to 75
percent of retail. Price antiques and collectables at their appraised values.”
n Price items at the most you think you can get, and be prepared to bar-gain.
Remember, you are trying to sell items for which you have no use.
“Start lowering prices toward the end of the day,” Hurrell suggested. “If you
really want to get rid of all your stuff, be willing to take less for everything
at the end of the day. We see a cycle here at Mile High Flea Market. Antiques
and one-of-a-kind items go early, best buys are made late in the day. Nobody
wants to take home their own stuff.”
To guarantee that your garage sale will have lots of shoppers, have it at Mile
High Flea Market, where you can expect an average of 40,000 shoppers on any
given weekend.
“Have a good display and fair prices and, by the end of the day, you should have
some good money and be rid of all kinds of stuff.”