Yard Sale Season: A what-you-need-to-know toolkit

We’re heading in to prime yard sale season. Whether you’re planning to be a buyer or a seller, we have a few resources to help you map out a successful and profitable season!

First, if you are planning to host a yard sale, check out our prior post, Garage sale planning tip: Check your insurance coverage to get some advice about any liability issues you may face – we’ve re-posted the video clip below. Also see Jay McDonald’s article on yard sale insurance in Bankrate.

And for planning, Yardsale Queen offers tips for how to have a successful yard sale and offers advice on yard sale scams to avoid. Also see A Yard Sale Checklist: Ten Tips for Garage Sale Prep and How to Hold a Garage Sale – a pictorial guide.

Whether you are a seller or a buyer, you can use tools like Yard Sale Search and Garage Sale mapper to list or locate local events.

And if you are a buyer, then buyer beware: 21 Things You Should Never Buy at Garage Sales. But don’t let that discourage you – there are great deals to be had, too: 20+ Garage Sale Finds to Snap Up When You See Them.

Garage sale planning tip: Check your insurance coverage

If you’re in spring cleaning mode and emptying out that attic or cellar, you may be thinking of holding a garage sale or a yard sale. If so, you can get some excellent planning pointers from Best Garage Sale Tips, a comprehensive how-to guide that helps you think through all the details, including a task time line to guide you right up to sale day.
One really important item on your checklist should be to review your homeowners, condo or rental insurance policy to be sure you have liability coverage in case someone is injured while on your property. The general rule of thumb is that your homeowners policy would likely be enough coverage if your yard sale is a one-time event, but if you plan to make a business out of yard sales, you’d better talk that over with your agent. It’s a good idea to check in advance of your sale, regardless!
Check out this video on garage sales & insurance from the Insurance Information Institute.