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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:

Auctions - Google News

American Foreclosure Hits Bottom With Tower Auction in Atlanta: Mortgages - Bloomberg


American Foreclosure Hits Bottom With Tower Auction in Atlanta: Mortgages
Bloomberg
Atlanta's office market is a victim of overbuilding and inflated real-estate prices fueled by issuance of commercial mortgage backed securities that peaked in the US at $232 billion in 2007. While investor demand for property debt surged last month by ...

Will they or won't they? - Sydney Morning Herald


Will they or won't they?
Sydney Morning Herald
The clearance rate was 58 per cent for the 101 auction results reported to the Real Estate Institute of Victoria. The outcome of another 36 sales is still unknown. Many commentators are tipping the RBA will cut rates by 0.25 percentage points.

and more »

Market middle ground proving elusive - Sydney Morning Herald


Sydney Morning Herald

Market middle ground proving elusive
Sydney Morning Herald
Real Estate Institute of Victoria spokesman Robert Larocca said the level of new stock coming onto the market for February was surprisingly high. ''We've got 10-15 per cent increases in stock levels for the first few weeks of February compared with ...

and more »

Got $1.8M? This Harrison estate is up for auction - The Journal News | LoHud.com


Got $1.8M? This Harrison estate is up for auction
The Journal News | LoHud.com
Its owner — international real estate developer Neill Bernstein, dubbed “Cape Town's Donald Trump” — has lived there for several years but now is returning home to South Africa. Misha Haghani, founder of Paramount Realty USA, is handling the auction ...

and more »

Tucson resort avoids auction block, for now - Arizona Daily Star


Tucson resort avoids auction block, for now
Arizona Daily Star
Starr Pass Resort Developments, the owner, took on the debt before the real estate bubble burst and the property, which opened in 2005, was only just getting its footing when business and leisure travel screeched to a near halt.

and more »

Fannie Mae's Fire Sale - Barron's


Credit Union Times

Fannie Mae's Fire Sale
Barron's
How to buy a cut-rate rental property. Fire sale! The Federal Housing Finance Agency has approved a big residential real-estate auction at Fannie Mae to help the mortgage giant unload its inventory of 122616 foreclosed houses. For the first time, ...
Tales from the Field: A Homeowner Who Fought Foreclosure and WonRisMedia.com (press release)

all 58 news articles »

Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ... - MarketWatch (press release)


Concierge Auctions to Sell Premier Residences at Auction Within Exclusive ...
MarketWatch (press release)
The auction will be conducted in cooperation with Rivers To Peaks Real Estate ~ Big Sky Real Estate. "The seller developed these idyllic vacation homes ideally situated in the heart of the most luxurious amenities these communities offer," stated ...

and more »

Gold Coast back on the road to paradise - The Australian


Gold Coast back on the road to paradise
The Australian
It was - as she told her children - excellent shopping when the biggest single auction of real estate nationally was held on the Gold Coast last weekend. And the buyers, many of whom had flown in from interstate, were out in force picking up properties ...

and more »

Yarmouth Route 28 motels sold at auction - Wicked Local


Yarmouth Route 28 motels sold at auction
Wicked Local
The twice-postponed auctions drew a mixed crowd of lawyers, real estate brokers, neighbors and a town planning board member. The motels have been the focus of a civil lawsuit for more than a year. The town sued the motels' former owner for violating ...

and more »

Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ... - MarketWatch (press release)


Concierge Auctions, the Nation's Premier Luxury Real Estate Auction Firm ...
MarketWatch (press release)
24, 2012 /PRNewswire via COMTEX/ -- Concierge Auctions, the nation's preeminent luxury real estate auction firm, auctioned high-end properties throughout 15 states in 2011. The year proved successful for the NYC-based company, as the firm produced a ...

and more »

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