I hope to have a yard sale in about 2 month's time as I have to wait for nice weather up here in NY. LOL

I don't go to these so I need help with pricing please???

Everything I plan on offering will be in good to excellent shape but I don't know what price to put on things. So just off the top of my head as I haven't started the decluttering process yet, this is what I know I will have to offer:

Clothing, including jeans, summer tops, sweaters, winter coats, belts, purses and turtle necks. May have some of Jack's things too if I can get him to weed out or I'll do it myself. LOL

Household items including nick nacks, tins (decorative advertising type, not antiques) tin signs (same as the tins). That is all I can think of right now.

Some exercise equipment though I don't know the name of them yet until I dig them out.

Also a knitting machine (Singer 700) with all the gadgets that go with it. A sewing machine or 2.

Assorted linens, like sheets (queen size and maybe twin) not sure about the twin size. Comforters, curtains and rugs - most hand made by me. Maybe some sets of curtains.

Yarn and Fabrics!! Lots to go through here and I hope to whittle down my stashes.

Any help you can give me on pricing this stuff would be so appreciated. TIA

I would price them half of what you would pay at a thrift store.
Or, one quarter the selling price. They always talk you down.

i dont know what it is about my mil's garage sales, but everyone and their dog attends. and we dont mark things cheap either. i love her garage sales cuz i can usually come out of there with close to $100 bucks. i sell the same thing at my garage sale and have to price everything .25 or lower or it wont sell. so i think it all has to do with your location. but i wouldn't worry about overpricing it, if someone wants it bad enough they'll let you know what they'll be willing to pay for it.

I agree with Cheryl. Her pricing sounds correct. Just think about what you would want to pay for a similar item (used). I always leave a little "bargain room" on the price too, because everyone wants to pay less than what the tag says.
Good luck selling!
Marla

The rule of thumb that I've heard is 10% of new retail.

I personally price low because many people (in this community) pay sticker price. The few who ask for a reduction are usually buying several things, so I comply.

In your situation, I would price clothing, purses, knick-knacks, linens/bedding and yarn/fabric quite low. Unfortunately, your customers are not going to know or care that you handmade some items. Unless they know you personally, that doesn't usually add any value. Sad, but true.

I would put a bit more thought into pricing the 'big' items: exercise equipment, sewing machine & knitting machine. I would price these reasonably, but with room for negotiation.

Thank you everyone! :)

For ease of pricing clothing, I don't mark things individually, but make nice signs and post them in several locations with the following:

All adult clothing - $1.00 each piece
Children's clothing 50¢ each piece
Adult shoes $2.00 pair
Kid's shoes $1.00 pair
Hardcover books $1.00
Softcover books 50¢ each, or 3/$1

Everything else has a price sticker on it. This helps alot, as around here some people will try to change the stickers to get a "better deal". The stickers always fall off of the clothes, anyway.

Thank you Deb, that is exactly what I was looking for! :smooch:

Something else you might want to consider is a bag price for clothes, purses, shoes, belts, etc. I have been to a few yard sales that have done this, but mostly it seems to be the thrift stores (on occasion). If you have an abundant supply of plastic grocery bags, you might consider charging a certain $ amount per bag (as much as the person can fit in the bag). It seems to be either $3 or $5 here.

Good idea, thanks Kim! :thumb:

A few before hand tips!

Check your local rules some towns require a permit to hold a yard sale.
Put up good easy to read signs either the night before or Early the next morning.
Again check local rules!
Advertise!!! In my area a yard sale ad for 3 days runs $17.00 but is well worth it. We usually make between 300 and 400 per sale.
But we also have lots of stuff from our clean out jobs.
Make sure and have lots of singles, guarentte your first sale will be for a buck and you'll be given a 20. Proper preperation prevents piss poor preformance!
Enlist some one you trust to help. You can stay each other for bathroom breaks.
Use an apron with big pockets. Don't put money in a box in the open as its an open invite to theives.
When your pricing stuff think "How much do I want to put this back in the house?" If your trying to declutter cheap is the way to be rid of things.
If you can prep the stuff the day before on tables and just carry them out it will make the day a whole lot easier. Be an early riser
as your customers may start as early as dawn. Our here in South Fla do. Not unusally to be setting up in the predawn hours and have help pulling up to buy.

Laurie in Bradenton

Thanks Laurie! :D

OK wheres the sale. J/K ( maybe , I'm always up for garage sales ):D

I am planning for my garage sale, too. I have one every year in the spring. I usually make around $400. I do advertise in the paper, and put up signs in the neighborhood. It is alot of work, but the money is always welcome. It is nice to gain some room in the closets from the decluttering, too!