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:

Climbing Treasury Yields to Help Auctions
Wall Street Journal
Nomura is a primary dealer—one of the elite group of 18 banks that underwrite Treasury auctions and deal directly with the central bank. ...



WANE

Auburn auto auction nets $13.3 million
WANE
AUBURN, Ind. (WANE) - Auctions America by RM's auto auction in Auburn ended Sunday with unofficial final sales reaching $13.3 million. ...
Blue skies for auction houseNews Sentinel
Auctions America Wraps up Auburn Labor Day EventInside INdiana Business (press release)
Doozy of an auctionFort Wayne Journal Gazette
Fort Wayne Journal Gazette -Indiana's NewsCenter -PR-USA.net (press release)
all 13 news articles »


wine auction bounces back
Santa Rosa Press Democrat
By PEG MELNIK If you consider auctions a barometer of the economy, the Sonoma Valley Harvest Wine Auction showed signs of an economic upturn, ...

and more »


'Dibbing' Phenomenon Set To Revolutionise the Online Auction
PR Newswire (press release)
6 /PRNewswire/ -- A revolutionary new auction site in which items start at their listed market price and become cheaper has been launched. ...

and more »


Treasury Auctions Set for This Week
New York Times
The Treasury's schedule of financing this week includes a regular weekly auction of new three- and six-month bills on Tuesday and an auction of four-week ...



Civic body to auction stalls at Bandra fair
Hindustan Times
It will hold auctions for these 165 stalls on Wednesday and whoever bids the highest gets the stall. The Bandra fair begins Two delegations of candle makers ...

and more »



Rediff

IPL 2011 format announced, 74 games to be played
Bettingpro.com
While the two new teams will not be allowed to retain any players, they can buy up to four players from the market before the auctions take place. ...
Indian cricket board charged with forex violations in IPLHindustan Times
BCCI faces heat over FEMA violation in IPLIndia Today
Heal ThyselfOutlook

all 151 news articles »


Mumbai Land Sales May Help State-Run National Textiles Raise $1.9 Billion
Bloomberg
NTC sold 10.77 acres in the central Mumbai area of Worli in two auctions, raising 19.8 billion rupees. A unit of Indiabulls Real Estate Ltd. bought both ...

and more »


Business Standard

Tobacco farmers face losses, huge rejections at auction centres
Business Standard
The unsold stocks of tobacco are piling up due to the high rate of rejection the crop is facing at auction centres in the state. Though auctions started on ...

and more »

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