Published: May 26, 2010 12:45 PM EDT
Updated: May 26, 2010 9:46 AM EDT

We gathered five tips from

First, this weekend may not be the best for a garage sale.

Typically, turn out is low on holidays like Memorial Day.

Unless, you live close to the beach or a high traffic area, where those on holiday, will see your sale and stop by.

Second, remember the golden rule of pricing.

Ask yourself, if I needed this what would I be willing to pay?

Generally, garage sale prices are 10 to 20 percent of the current retail price.

For example, if something retails for fifty bucks sell it for ten.

Next tip, when it comes to signage make sure it's readable 10 to 15 yards away.

Signs should be about 11 x 17.

Take them down immediately after the sale, so you don't get fined!

One creative sign idea is to make a life size cut out of a person holding your sign.

Fourth, host a group garage sale.

If you don't have enough stuff on your own, join forces with friends or neighbors.

You'll have more items and more customers will want to check out what you've got.

And finally, if a haggler starts pointing out a flaw in your product and asks for a lower price just say "this is why I've marked it down lower than I would have if it was in better condition".

Make sure you can justify your pricing and products.