this is perhaps an idea for ebay... an on-line "yard-sale" that is searchable by neighborhoods. Would have to be organized at a fairly micro level (street names or subdivisions of a town, maybe zip codes). This would work just like ebay but would limit searches and have browsing capability just for a limited geographic area. This would be a great service for home owners that want to have a yard sale, without going to the trouble of a yard sale. People could browse their geographic area. If they see something they like -- it's in the neighborhood -- the distribution process is very much simplified. (distribution limited to purchaser pick-up).
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Check out http://www.freecycle.org - this has spawned something similar, local free goods exchange, which has spawned a lot of similar things involving barter and $