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    « Yard Salers: Feb 29: Art, Pricing, More Flips -- 30 days to a Million? | Main | My Top 5 Tips for eBay Sellers »

    April 08, 2008

    Prospecting at Yard Sales: How to find the best stuff and the best sales


     Ah, the yard sale. You never know what you'll find, and that's part of the fun. Sometimes it's fabulous stuff, like the time I came across a set of Wedgwood cups and saucers in the coveted black-and-gold Florentine pattern for 20 bucks. Other days, it's slim pickin’s.

    But having the right yard sale strategies can increase your odds of finding quality items to resell. Here are a few tips to get the most out of your yard sale-ing adventures:

    - Go early to get the best stuff.

    This is probably the most obvious tip. But yard sale culture is an early one, and the early bird
    often gets the best dishware, pottery, art, books, and whatever else is sitting out. In fact, many
    people show up before the advertised sale time, which is why many sales specify "no early birds"
    in the ad.

    However, this does not necessarily mean you can't find good stuff later in the sale. Which brings us to...

    - You can often still find good stuff late in the sale.

    Sometimes, things in the nooks and crannies have been overlooked by other people. Be sure to look all over the sale and look completely through any boxes that are set out. Other times, there are hidden gems lurking there of which other folks did not recognize the value.

    And some people make a point of going late to sales so they are in a better position to bargain
    with the sellers. They'll make an offer for a whole box or group of things, and often these are
    accepted because the sellers are eager to get rid of the stuff at that point.

    3) Ask what else is there.

    How do you get your hands on stuff no one else has seen yet even when you get late to a sale? Ask the seller if he has anything else he hasn't put out. It's best to ask for something specific; so
    if you specialize in an area, such as cameras or clocks, you can ask for those.

    One records dealer I know, who co-wrote my Albums special report, asks sellers at yard sales if
    they have any records they haven't put out for sale. This strategy has worked for him many times.

    - Search listed and unlisted sales.

    Of course, check your local newspaper classifieds for sales, as well as craigslist. (Craigslist
    has probably become the better source around my neck of the woods, as many folks don't want to
    shell out the $90 or so it takes to place an ad in the major metropolitan-area paper).

    And don't forget Kijiji.com, eBay's own classifieds service. I once found a yard sale that was
    advertised on there and nowhere else. It had great stuff and not too many people. You just never
    know.

    But my favorite kind of yard sale is the "unlisted" or unadvertised sale -- they simply put up a
    sign and start the show. These sales are great, because, of course, there's not as much
    competition. Often you can find them around the sales that did advertise in the newspaper, because they are piggybacking off that ad. So keep your eyes peeled for those signs while you are driving or walking.

    I usually pick out the sales I want to go to the night before and print out the mapquest maps for them so I’ll be ready to go in the morning. And many people swear by their GPS systems for finding their destinations.

    And what about actually buying stuff at these sales? One expert dealer I know of goes by the 25% rule: buy it for no more than 25% (or less) of the price for which you think you can resell it. Speaking of which…

    - Dicker down, but don't insult.

    Negotiation is fine at these sales, but do it within reason. Personally, if I see a great item priced at a quarter, I don't try to dicker down the price to ten cents. Sometimes you can just anger the seller and you may even make them less likely to make deals with you on other things.

    But if prices seem too high for a "yard sale," by all means offer what seems fair to you. The worst thing they can say is no. Do be polite, and don't make negative comments about the stuff. If you need to point out a flaw to get a better price, try to couple it with a compliment to soften
    the blow: "This is a lovely lamp...I see it has a crack, though…would you take $15 for it?"

    Enjoy your yard sale travels. One of the best things about yard sales in my mind is they get me out of the house, enjoying the fresh air, and meeting people. Combine that with making money, and what’s not to like?

     

    Julia Wilkinson
    Author, "The eBay Price Guide" (No Starch Press, 2006); "eBay Top 100 Simplified Tips & Tricks" (Wiley, 2004-6); "What $ells on eBay for What," www.yardsalers.net/bookstore.asp; "My Life at AOL," www.booklocker.com; Publisher, Yard Salers, www.yardsalers.net
    Blog: "bidbits," at http://juliawww.typepad.com/bidbits
    juliawilk@aol.com

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    Comments

    thanks for the tips!

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