May
23
2010

What is a 50 50 sale?

selling junk fundraise charity

Get rid of your unwanted items and help charity (photo by CarbonNYC CC-BY

A 50 50 sale is a good way to fundraise for a charity or other worthy cause. It is also a great place to get rid of the unwanted items in your attic or garage, with a chance of making a little money for yourself.

There are slight variations to running a 50 50 sale, but the result is the same: 50% of the money raised goes to the charity, 50% to the seller.

One version is the auction. Householders bring along their unwanted items a few hours before the sale to have them catalogued. A fee is charged to enter the lot. For a further fee they can place a reserve on the item. They should decide what is to happen to the lot if it unsold: returned to them or given to charity.

Organisers should arrange for plenty of publicity to draw the public in ready for the auction. Perhaps arranging for refreshments and a little entertainment to get the crowd going.

The auction then starts. For each lot sold, 50% goes to the charity and 50% to the seller. Remember, this is in aid of charity, if you want to make more money, then try ebay, and similar sites. For the buyer, there may be some good bargains to be found.

Another variation is not to have an auction, but just put a price ticket on the item. The selling price decided by the seller – sometimes with a little advice from the organisers, who may have a more experience of these types of sale and the price at which the items go for. Method of the disposal of the non-sold items to be agreed before hand.

So if find a 50 50 Sale near you, take your items along and get selling.

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