Sunday, March 15, 2009

Garage sales racket

Also known as the yard sale or rummage sale, garage sales are the informal selling of goods by residents, neighborhood blocks or villages. It’s hassle free because you don’t need to acquire a business license and other government registrations. You can sell anything and everything, from unwanted furniture to old possessions you no longer need.

Start by collecting as much goods as you can all the junk in your house your family unwanted possession old clothes and everything else you don’t need. You’d be surprised to see how something you consider useless is actually a great find for a stranger. Remember the old adage. One man’s trash is another man’s treasure.

Make sure you get a permit. Most baranggay’s and villages are lax, as long as you promise a secure and organized event. Choose a place where passerby can easily spot your sales, such as the obvious garage, Side Street, baranggay halls, baket ball court or parking lot. Organize your items, whether by category, size or color. Use masking tape to make a make-shift price tag, this way people won’t keep asking you how much.

Don’t forget to promote your garage sales; you can mass message your neighborhood friends and relatives. Tack posters on trees and posts. Give away fliers. Get your siblings or relative to help you out. Send text messages again the day before the sale.

Be open to haggling, but don’t easily give in to a pesky customer. Know the value of your items but keep it cheap these as second hand items after all. Even if you don’t sell everything by the end of the day, you’ll be relieved to earn money for your junk. Your house will look cleaner and more spacious, too!

If you have nothing more to sell, another idea is organizing a mini bazaar. You can charge rental space. But make sure your logistics are all in order and that you promote it sufficiently. This way you’ll have a well attended mini bazaar and of course some extra cash.

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