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:

Treasury Auctions Set for This Week
New York Times, United States - Jan 4, 2009
The Treasury’s schedule of financing this week included Monday’s regular weekly auction of new three- and six-month bills and an auction of four-week bills ...


Premium Tuna Sells for $104400 in Auction
Wall Street Journal - 7 hours ago
AP TOKYO -- Two sushi bar owners paid more than $100000 for a Japanese bluefin tuna at a Tokyo fish auction on Monday, several times the average price and ...


Sify

India May Delay 3G Auction, Raise Prices
BusinessWeek - 6 hours ago
India's long-awaited 3G and Wimax auctions may be delayed yet again, as the government considers doubling the floor price for prospective licensees. ...
mocoNews.net - More Possible Delays For India's 3G Auctions Washington Post
Delays predicted for Indian 3G licence auction Pocket Gamer.Biz
3G auction process delayed to 30 January, may fall further back TeleGeography
CNNMoney.com - RTT News
all 103 news articles


Sovereign Society

TREASURIES-Longer bonds fall on auctions, issuance fears
Reuters - 17 hours ago
By John Parry NEW YORK, Jan 5 (Reuters) - Longer-maturity US Treasuries prices fell steeply on Monday, extending the previous session's sell-off as auctions ...
Big Year Coming For Bonds Forbes
Treasurys fall as investors brace for supply glut The Associated Press
BOND REPORT: Treasurys Move Higher As Fed Buys Mortgage Bonds CNNMoney.com
Cbonds. Info - Reuters
all 163 news articles


Tom James apologizes for auction rate security purchases
Bizjournals.com, NC - 16 hours ago
Clients of Raymond James Financial Inc. have substantially reduced their holdings of auction rate securities. The firm’s clients currently own about $1 ...
Raymond James ARS holders on hold InvestmentNews
Raymond James CEO says company can't buy back auction-rate securities Tampabay.com
all 5 news articles


Auction season is upon us -- Arizona division
San Francisco Chronicle,  USA - 22 hours ago
This is auction frenzy time -- the big-deal auctioneers haul out their consigned collector cars and go for the biggest buck around. ...
Collector-car sales lined up Arizona Republic
all 3 news articles


Treasurys down as auctions loom
MarketWatch - 21 hours ago
The Treasury Department will announce at 11 am Eastern how much in three- and 10-year notes it will auction this week. , , ) on Wednesday, according to ...
Treasurys Continue to Slide Wall Street Journal
all 3 news articles


Spansion borrows $75M under auction-rate securities deal with UBS
San Jose Mercury News,  USA - 10 hours ago
Auction-rate securities (ARS) are typically typically corporate or municipal bonds with a long-term maturity horizon whose interest rates are reset ...


Online Auctions Profit From Madoff Misfortunes
RedOrbit, TX - 14 hours ago
He said he buys Madoff labeled items and resells them on the online auction site. He recently purchased a humidor from the manufacturer before it went en ...


EDDIE VAN HALEN To Auction A Pair Of 1956 Chevy Classics - Jan. 5 ...
Blabbermouth.net, NY - 16 hours ago
The 1956 Chevy 210 (Lot #1259) and 1956 Chevy Nomad (Lot #1259.1) will each be auctioned with matching, one-of-a-kind EVH Brand "Wolfgang" guitars and a ...

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