Posted by: Cameron Kruzel | Posted on: August 9, 2019
3 Unique Ways your Community Benefits from a Neighborhood Garage Sale
When it comes to shopping, we all want to purchase a great product at the best possible price, right? Recently, I’ve discovered that one of the best ways to do this is to spend a few hours on Saturday morning shopping your local community garage sale.
Last weekend, my wife and I attended West Toledo’s Library Village Garage Sale, which is about 15 minutes from where we live. Shopping neighborhood garage sales can be a fun and rewarding hobby where you can score some great deals. Besides that, a community sale also offers 3 unique benefits to the host neighborhood.
Get to know other people in your neighborhood
Garage sales are one of the best ways to get to know neighbors that you otherwise would never meet. I mean, where else can you come onto a stranger’s lawn, go through their old stuff, have a conversation, and offer to buy at 90% less than retail value?
However, the benefits of these sales is not only in the buying and selling. Garage sales bring people together in a fun and festive atmosphere. For instance, last weekend there were people grilling hot dogs and selling tamales at the check-out lines. One guy was even selling corn as he rode his bicycle! As you know, the better you get to know your neighbors, the more tight-knit and healthy a community can become.
Second-hand shopping is good for the planet
Community-wide garage sales continue to grow in popularity because they are a win for the seller, buyer, and environment. For the seller, they are an opportunity to get cash for your items, and you’re guaranteed to have a lot of traffic throughout the day. As for the buyer, there is a much higher ROI to shop a neighborhood that has 80 sales within a one-mile area than to drive up and down random streets looking for a deal.
Perhaps the biggest win goes to Planet Earth, though. According to a 2013 infographic published by signs.com, there are on average 165,000 garage sales held in the United States every week. Furthermore, roughly 690,000 weekly shoppers make purchases while attending these sales. That’s a lot of merchandise that finds a second home and is spared a potential trip to the landfill. Can you imagine what 690,000 items per week would look like in one year?
Everyone who participates will likely profit
There are three main reasons why garage sales are such a great local profit opportunity. Of course, you already know that the seller profits when an item sells, and the buyer profits by paying far less than retail value. So, what is another way a community garage sale might be profitable?
Looking at our infographic above, the average profit margin of garage sale items that are later resold on eBay is 462%. Many people, myself included, are turning the idea of shopping at community garage sales into a fun side business. This is a great way to learn about various markets and earn a profit at the same time.
Me checking prices on eBay during the sale.
What neighborhood will you shop in this weekend?
Shopping at garage sales is the ultimate participation activity for being environmentally sustainable while simultaneously benefitting your local community. You never know what hidden treasures you’ll come across that someone is practically giving away!
This Saturday should be one of the best of the year for getting out and scoring some bargains. That’s because the second Saturday in August is National Garage Sale Day in the US. If you’re ready to get involved, you can use these three links to find a community sale in your neighborhood.
By the way, if you do go out this weekend, be sure to let me know about your best deals in the comments below.