Auction Information

When You Need Extra Cash Ebay Fits the Bill


We all have items in our closets and stuffed in drawers that we no longer have a use for. Some of us use our free time to manufacture craft items that we give to our friends and families for gifts, and still others of us buy candles and other items in bulk to sell to family and co workers for a little extra cash. Anyone with something that they no longer need or want to sell has options to help create a little more cash flow. EBay is an online community providing auction services for buyers and sellers of just about everything. The question remains, though, how to utilize this website in the best way to make the most money?

The first thing to consider is what you want to sell. Looking over your items, would it be better to sell them off one item at a time, or to sell a bulk lot at some discount from the individual cost of the items. Another thing to consider is if you want to use the buy it now option. This allows someone to pay a preset price for the item, if there have not been any other bids, and avoid the auction proceedings. If you have multiple items, do you want to spend the cost for multiple listings, or do a dutch auction, where there are multiple items that are sold for a set bid price? This allows multiple people to get the items from the same auction.

The next thing to look at is who is offering the same items that you are. Searching for items brings up a listing, and this allows you to see what type of descriptions and advertisements get the bids, and which ones do not work. This will allow you to make sure that your descriptions are written to make the most of the space available.

Looking into how many people are offering items similar to yours also helps when deciding how to market your items. Consideration needs to be made to starting bid range, how much the winning bids were, and how the items were offered. Looking into these things allows you to price your items low enough to get bids, but still high enough to prevent losing money.

Nicole Soltau
President and Founder
http://CreditUnionRate.com
The Leading Online Credit Union Directory


MORE RESOURCES:

Goodwill to manage state's unclaimed property auctions
nwitimes.com
INDIANAPOLIS | Unclaimed property turned over to the Indiana attorney general from forgotten safe deposit boxes and other sources can now be purchased through an online auction site run by Goodwill Industries. Items up for auction this week include ...

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Business Recorder

Treasury yields ease ahead of U.S. debt auction
MarketWatch
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Ritchie Bros. to conduct first Tipton auction of 2012 the day after World Ag Expo
MarketWatch (press release)
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Moneycontrol.com

'If auction was rigged, Modi must take the blame'
Times of India
Just because you run the show, you try and rig auctions, retain players, take last minute irrational decisions and don't even give the frustrated franchise a hearing. Who will do business on such conditions," asks a franchise owner. It was, of course, ...
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The Flintoff deal explainedESPNcricinfo.com
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Telegraph.co.uk

Green auction expected to raise millions for environment
Reuters
By Chris Michaud | NEW YORK (Reuters) - Bidders will be able to buy fine art, a vacation in the Maldives, or an internship with designer Donna Karan and help the planet at the same time in Christie's annual Green Auction, which is expected reap ...
Christie's Elizabeth Taylor auction boosts digital biddingTelegraph.co.uk
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Daily Mail

Records tumble at Christie's art sale
Reuters
According to preliminary figures, Christie's overall sold art worth 135.0 million pounds (slightly under $214 million), topping the high estimate of 127.1 million pounds as the London art world enters a two-week period of auctions that are off to a ...
Elizabeth Taylor Pieces Outdo EstimatesWall Street Journal
Elizabeth Taylor's collection of Van Gogh, Pissarro and Degas masterpieces set ...Daily Mail

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Billionaire Bargain: A $35 Million Scottsdale Mansion At An 85% Discount
Forbes
The Happy Valley Estate will head to auction this Saturday, on February 11. Hosted by Concierge Auctions, the New York, NY-based luxury auction house, the starting bid for the desert manse is a fraction of the original listing price: $5 million.
Scottsdale mansion being sold at 85 percent offKTAR.com

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MarketInvoice Completes Five Million Pounds of Auctions Within 12 Months of Launch
Sacramento Bee
By MarketInvoice Ltd Online auction platform MarketInvoice has completed over five million pounds worth of auctions to UK SMEs within a year of launch. With over 150 auctions to over 60 UK SMEs, MarketInvoice has helped many small businesses within the ...

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Hindustan Times

Sahara open to negotiations as far as Pune Warriors is concerned
Times of India
Sahara India ended its 11-year-old financial ties with the BCCI and also pulled out of the IPL auction last weekend after it accused the Cricket Board of not giving due consideration to its genuine grievances. "If really needed I will not give a second ...
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Shock before IPL auctions, Sahara dumps Pune, Team IndiaHindustan Times
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Former Hungry Peddler restaurant set for auction
NewsOK.com
The auction starts Thursday at 10 am Everything in the building, including wall décor, a phone booth and an antique bar, will be sold and the structure will be razed. BY JENNIFER PALMER jpalmer@opubco.com Leave a comment The former Hungry Peddler, ...

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