Here are my top ten tips for shopping at yard sales for profit.
1. Research the market: Before you hit the yard sales, do some research on current market trends and prices for the types of antiques you're interested in. This will help you identify valuable items and avoid overpaying.
2. Bring cash: Many yard sales only accept cash, so make sure to bring enough money for your purchases. It's also a good idea to bring small bills and change to make transactions easier.
3. Arrive early: The early bird gets the worm, and this is especially true at yard sales. Arrive early to get first pick of the items and to avoid missing out on valuable antiques.
4. Look for unique items: Keep an eye out for items that are unique or one-of-a-kind. These items are often more valuable and can fetch a higher price.
5. Inspect items carefully: Before making a purchase, inspect the item carefully for any damage or flaws. Consider if these flaws can be easily fixed or if they will significantly decrease the item's value.
6. Negotiate: Don't be afraid to negotiate with the seller. Many yard sale sellers are willing to haggle on price, especially if you're buying multiple items.
7. Know your limits: While it's important to negotiate, it's also important to know your limits. Don't overpay for an item just because you think it might be valuable. Stick to your budget and only buy items that you know you can sell for a profit.
8. Build relationships: Building relationships with yard sale sellers can be a great way to find out about upcoming sales and to get first pick of the items. Be friendly and polite, and don't be afraid to ask questions about the items for sale.
9. Consider online sales: After purchasing items at yard sales, consider selling them online through platforms such as eBay or Etsy. This can be a great way to reach a wider audience and to get a higher price for your items.
10. Have fun: Finally, remember to have fun! Yard sales can be a great way to discover unique and interesting items, and to make a profit in the process. Enjoy the experience and don't be afraid to take risks and try new things.”
The author, Walt Kolenda, has been on the hunt of vintage / antique items since 1979