To Yard Sale or Not To Yard Sale – this is the real question.
Yard sales sound like an attractive option for people looking to recoup some of their expenses on items they’ve purchased but are no longer using. However, many people don’t realize the hidden costs of hosting a yard sale. Yard sales are complex, multi-step operations that take a good amount of planning to properly execute. Make sure you’ve considered all that is involved and feel that it is worth your time to have one before jumping on the yard sale train.
What’s Involved In a Yard Sale?
Before the Sale
- Pricing of every item
- Storing items until the sale
- Marketing the sale to ensure enough people show up
- Getting cash to make change for customers
- Purchasing or making signs for the neighborhood
Day of Sale
- Time commitment to host the sale
- Do you have a rainy day plan?
After the Sale
- Clean up of unsold items and signs
- Getting rid of items that did not sell
Would it be better/faster/easier/more time efficient to donate everything at one time and take the tax write off?
Do you really have the time to commit to the sale?
How much money do I anticipate making? And will it be enough to be worth the time this yard sale is going to take?