The Garage Sale Millionaire: Make Money with Hidden Finds from Garage Sales to Storage Unit Auctions and Everything in Between, Revised and Updated

CHAPTER 7

How to Assign a Value to Your New Treasures

P roperly valuing your new found treasures is one of the most important aspects of becoming a successful Garage Sale Millionaire. If what you find during your treasure hunting endeavors is not valued correctly, when you decide to sell your items, you could be shortchanging yourself and losing out on a lot of money.

If you price an item too low, you’ll lose out on the money you could have potentially made on the sale. If you price an item too high you may never be able to make the sale at all. The actual practice of putting a price tag on any item is never an easy one. Even the most knowledgeable experts can sometimes find it difficult to determine what the best price is for certain items.

There are two different options available for properly and accurately valuing your treasures. You can complete a self-valuation or you can pay a professional to do the job for you. No matter which direction you choose, you’ll have to value your items as accurately as you can in order to make as much money as possible.