In our first issue of tag sale tips we are going to highlight the ’emotional attachment’ aspect that can blur your vision when it comes to selling your items.
- This tip really goes hand in hand with getting organized (which will be our next topic in our blog). When first considering whether to have a sale, it’s important to make a list of the items that you can absolutely live without and no longer need or use. By making a list you are already committing yourself to selling these items or donating them if they don’t sell. If there is any inkling of hesitation on an item, write it down on another list clearly labeled “to be determined.” This will buy you a day or two to think about it and clear your mind before making a final decision.
- Do Your Homework – Due diligence is key when it comes to your possessions and knowing what they’re worth and how to price them. Most of the time you can use your own judgement, but when in doubt, do some research to find out if the item might have more value than what you see in it. A quick search on Google or an auction site might tell you that the item has more value than you initially thought and it may encourage you to learn more about it so you can accurately price it for your sale. It never hurts to ask an expert or consult some books, especially when it comes to antiques and collectibles.
- Lastly, on the day of your sale, consider all the items you have laid out already sold. You must completely detach yourself emotionally from these items. Doing this ahead of time will help you price your items more realistically in an effort to earn yourself more money from your sale and not look back.