You are ready to move to your new apartment, and we know you are excited about it. Moving is associated with many activated such as planning, budgeting, packing, and much more, with a view to starting a new life somewhere else. However, during packing, people usually come across some old household items which have been long used or abandoned, and you are no longer seeing the need to keep them or move them along with you.
Yeah! I agree with you that you need to get rid of them. But do you know that you can make some cool cash from those items you seem not useful to you? Holding a moving sale in your compound before your move is a part of moving exercise some people cannot do without.
You tend to get rid of old items and at the same time, save up some money to cater for other moving expenses on your budget list or foot the bill for new furniture for the new home.
Moving sale is a win-win situation, but it requires technical-know-how to hold a profitable one.
Moving Feedback is here to give you a practical guideline to a profitable moving sale. But before that, let’s define what a moving sale is?
What is a Moving Sale?
A moving sale (also known as garage sale, tag sale, yard sale, and other sort of names) can be defined as an informal event organized for the sale of old household items that are no longer used by the households or private individual where sellers may not need business permits or collect sales tax from sales precede. It is a way of getting rid of unwanted items before relocating to another residence. In some jurisdiction, moving sale may require a permit based on the volume of sale involved.
The moving sale usually takes place in an exterior part of the seller’s home such as a garage, carport, front yard, lawn section, or driveway. By having a moving sale, you tend to enjoy the following benefits:
- Turn your old or unwanted stuff into cash
- Making cash available for other moving expenses or new stuff for your new residence
- Reduce the cost of moving by reducing the overall weight of moving
- In the case where you want to put your property on sale, moving sale attracts potential buyers to your home.
Top 8 Tips for a Profitable Moving Sale
Studies have shown that many people hold moving sales just to clear out their old stuff and not for profit. Moving sale is more than just getting rid of unwanted items if it is well planned and guided. You can actually hold a profitable moving sale with the following tips:
1. Sort out your items
It is assumed that before one can think of moving sale, he or she might have decluttered his or her home. First sort out all your items, divide them into three categories, namely; “Keep”, “Sell”, and “Trash”. This is not the time to tag them with a price – one thing at a time. Your primary goal at this moment is sorting out your old stuff to get rid of them for a possible sale.
2. Make them appealing
After sorting out the items that would go for moving sale, it is essential that you make the items buyer appeal by cleaning each of them to add value to them. Some items might have been left untouched and used for a long time, carry out some cleaning to make it more appealing to your buyers.
3. Take inventory and organize your items
The next step is to take inventory of all items to be put for sale and organize them accordingly. How many clothing, electronics, toys, books, home appliances, furniture, sports equipment, garden tools, household decorations, are involved? Take inventory of them all and arrange them according to the category each of them belongs to. You can label them if possible. This will help you to have total control over the sale.
4. Name your price
After organizing those items to be sold, the next step is to start putting a price on each of them. It is advisable to do not put much value on your item and hike the stuff in the process. Remember, your goal is to get rid of the things and at the same time maximize profit for your move.
It is worthy of mentioning, that you have already used these items and they are at their second-hand value; hence, do a rough estimate of their salvage value to help you in putting the best price that sells the stuff faster.
If you cannot do this alone, employ the hands of friends or relatives who are experienced in doing this. Putting about $60 value on pullover bought for $100 may probably not work out. This stage will determine whether you would have a successful moving sale or not. The key here is “don’t overprice”.
Another tip for naming price is to introduce bulk sale – tag complimentary items together and put only one price. It is also essential to remember that people may not be carrying change when coming for your moving sale; hence, price all items at a whole dollar value.
5. Set a date
It is assumed that you have undergone the above processes and it is now the time to pick a date for your moving sale. While your moving sale day is largely depend on your moving day, it is essential to put some factors into consideration.
Target the time when people mostly receive their paychecks so you can have a successful and profitable moving sale. Many people receive their paychecks at the end of the month; picking a date around this time to fall on weekends guarantees that people will show up for your garage sale and have enough cash to spend.
It is also important to ask your neighborhood if there will be a community yard sale soon. Don’t forget to consider the weather forecast before setting a date; bad weather may keep your buyers away.
6. Putting on signposts in your neighborhood
The advertisement is vital to your successful yard sale. If people don’t know about your coming event, you may not see anyone. Moving sale marketing is as simple as putting on signposts in your neighborhood pointing to your house. Strategically place those signs to lead people off the main street and to finally lead the way to your gate.
Make it as simple as possible for someone who doesn’t know your home before. They should easily locate it with the help of a series of signs connecting to each other. Based on the volume of sale, you can as well advertise your garage sale in the local newspaper, neighborhood social media group, and church bulletin
7. Set up the items as categorized and labeled
On the morning of your moving sale, stick to action by quickly setting set up the items as categorized and labeled before people start coming in. When the sale starts, expect negotiations as every individual will be looking for a deal from your yard sale. That is the purpose they have come, and you must achieve your goal of getting rid of your stuff as planned.
8. After the sale
After the event, if you still have some stuff left over such as higher-dollar items, you can sell them online through social media sharing, eBay, Craigslist, or apps like LetGo and OfferUp. If after the whole exercise, you are still left with other items with no much value to people (it is a normal thing after moving sale), request for pickup or truck as the case may be to dispose of the leftovers.
The following table displays the Top 8 Tips for a Profitable Moving Sale:
|No.||Top 8 Tips for a Profitable Moving Sale|
|1.||Sort out your items|
|2.||Make them appealing|
|3.||Take inventory and organize your items|
|4.||Name your price|
|5.||Set a date|
|6.||Putting on signposts in your neighborhood|
|7.||Set up the items as categorized and labeled|
|8.||After the sale|
Wow… it is a successful sale. You now have the real picture of the volume of your belongings that are following you to your new apartment. You have succeeded in saving cash for yourself, reducing the cost of moving through reduced load weight usually charged by moving companies, and turn your scrap to cash. You may wish to compensate whoever helped you in the event processes because of next time or even your coming moving day, they can be of help. Stay tuned for more informative from this page!