Auction Information

Auctions Make Money!


An untapped online business resource--outside of your basic Yahoo and Ebay, among others--is setting up your own auction sales venue.

Since most families have items in their home that have outlived their usefulness, they can get started at online auctions for mere pennies.

And, most selling online at auctions does not have start-up or membership fees. There is a nominal fee per item listed and a percentage commission on each sale. Still, you come out ahead.

With this minimum investment, many are flocking to auction sites to gain additional income to get their families and selves through the seemingly ever present economic downturn.

Besides the low financial risk, individuals see auctions as one of the select few online vehicles where scams are not associated, or not as prevalent as with most online business opportunities. Plus, a majority have ongoing fees which you must absorb; auctions do not.

As with most home business opportunities, to be successful at online auctions also takes time to learn the ropes. Many auction sites do much of the work for you, providing standard formats for the sellers to insert data. Sites further assist in communications between buyer and seller as well as additional support.

Perhaps the toughest part is finding the right products to sell. Don't think for a moment that Uncle Charlies' false teeth in a jar that you've preciously held onto for years will fetch thousands of dollars, although nowadays you never know. Irregardless, with sites such as Ebay with over a thousand categories, that remedies that headache!

With over 30 years of media experience plus background in special events, fundraising, development, grant writing and administration plus Internet marketing, Walt Pfarr is now writing his own e-course, ebook and soon will publish the PfarrOut ezine newsletter. He and his wife, Joann, reside in Oklahoma and he may be reached at walterpfarr@lycos.com


MORE RESOURCES:

WISH

Upgrades planned for N. Ind. classic auto auction
BusinessWeek
The new owner of a long-running classic car auction in northern Indiana has announced plans to finish $1.5 million in improvements to the facility before ...
RM prepares for first auction at former Kruse siteAutoWeek
Renovations Underway at Auto Auction ParkInside INdiana Business (press release)
Auburn auction upgrades pledgedFort Wayne Journal Gazette

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Daily Mail

'Real Housewife' Teresa Giudice's Auction Goes Global
Wall Street Journal (blog)
We recently wrote about the upcoming auction involving “Real Housewives of New Jersey” personalities Teresa and Joe Giudice: The contents of their lavish ...
Bankrupt 'New Jersey Housewife' Auctions Off Mansion ContentsHousing Watch

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Brazil's Central Bank Buys Dollars In Auction At BRL1.7585
Wall Street Journal
BRASILIA (Dow Jones)--Brazil's central bank bought US dollars at an auction Friday for BRL1.7585 to the dollar, the bank said. ...
Brazil Real Ends Stronger With Lift From InflowsWall Street Journal
Brazil Real Slightly Weaker Early As Market Mulls US DataWall Street Journal

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Private Mineral Owners In Wyo. To Auction Rights
CBS News
(AP) - A group of people who own mineral rights in eastern Wyoming say they're planning to sell those rights to oil developers in a public auction. ...

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Buffett-Autographed Dairy Queen Spoon Raises $4500 for Charity
BusinessWeek
Buffett has raised more than $8 million with 11 Glide auctions. In 2006, a 2001 Lincoln Town Car owned by Buffett with the license plate “THRIFTY” sold for ...

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Mix-up has condos up to auction block early
Bradenton Herald
Court officials rescinded the sale after discovering the error, which was caused by a failure to notify the auction company that the sale had been canceled ...

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