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The Benefits of Buying and Selling Locally


Shop at a flea market in Oaxaca, Mexico. Trade with a vendor in London, England. Or sport your wares to collectors in Geneva, Switzerland. You can virtually do just that when you shop or sell goods at an online auction site. You know those global auction Web sites, the ones that allow you to bid on thousands of items against millions of other competitors. Sure, they allow you to expand your world and uncover cool knickknacks from around the world. But these very same sites also open the door to you getting ripped off by someone four thousand miles away. More than 8 billion dollars were spent on auction sites in the last three months of last year, but how many dollars were lost along the way?

Aside from these global auction sites, there are the LOCAL classified sites that are transforming the Web into the spot for neighborhood shopping. These local classified sites offer convenience, selection, and low prices that would expect to find online, along with the safety and privacy of local shopping. Best of all, you can feel good about buying from-and also selling to-your neighbors.

Wheel and deal on collectibles, vintage clothing, sporting goods, even real estate-all with people you know and trust in the comfort and privacy of your living room or study. The benefits of these local classified sites don't stop with these intangibles. They have concrete advantages, such as:

Spontaneous delivery.
Package deliver in your neighborhood may not be instantaneous, but you definitely won't have to wait two to six weeks if you buy something locally.

What shipping?
You can agree to drop off or pick up the sale item at one of your homes, or meet at a convenient middle-of-the-road spot. You also won't need to worry about finding those shipping peanuts under your couch, your sheets, and in your fridge two months later.

No frazzle.
Tracking codes are supposed to help you locate your packages in transit, but sometimes they can be more of a headache-especially when they don't help find your lost package.

A friendly face.
Local classified sites let you meet the person whom you're doing business with. Of course, you control if, when, and where this happens.

The test drive.
Whether you're dealing with a car, a mattress, or a tennis racket, you can actually touch and try out your item before you put down cold hard cash. For sellers with product as promised, that makes closing the deal that much easier.

Simple switcheroos.
Local shopping opens up the possibility of refunds and exchanges if you and the person you're doing business agree.

More ample assortment than auctions.
Imagine buying a refrigerator or a couch at an auction site. Then imagine receiving that package at your door! Not very realistic, right? These sorts of purchases and sales, though, become a definite possibility with local online classifieds.

No tax tests.
You open a can of worms buying and selling across national and international borders when it comes to taxes. Who owes what? And whom? Local commerce simplifies the whole issue, if taxes are applicable at all.

A step ahead of scams.
Knowing whom you do business with, face-to-face transactions, simpler lines of communication-these qualities of local classified sites all reduce your risk of getting with shysters and scam artists.

A stronger community.
Shopping around your hometown not only gives you a warm, cuddly sense of community. It also provides the practical economic support that keeps communities and businesses vibrant and healthy.

So there you have it. There are no losers when it comes to online classified sites that allow you to do your shopping locally. Buyers and sellers enjoy an old-fashioned sense of community, while enjoying the high-tech benefits of convenience, safety, and comfort that come with Web shopping. Let those auction risk takers have their Oaxaca, London, and Geneva. You've got your Houston, Texas.

Donald Lee is the public relationship manager for Buysellcommunity.com.

Buysellcommunity provides free classified listing services for individuals and businesses to market their products and services online. Please visit http://www.buysellcommunity.com - Free Buy & Sell Classifieds.


MORE RESOURCES:

Los Angeles Times

BOND REPORT: Treasurys Down Ahead Of Note Auction
CNNMoney.com - 1 hour ago
Treasurys fell Wednesday, pushing 10-year note yields up for a fifth day, before the government auction of $30 billion in three-year notes, ...
Weak Jobs Report Lifts Treasurys Wall Street Journal
BOND REPORT: Treasurys Down Ahead Of Auctions, Fed Minutes EasyBourse.com
BOND REPORT: Treasurys Move Higher As Fed Buys Mortgage Bonds CNNMoney.com
all 37 news articles


RGE Monitor

US Treasuries Decline Before Record $30 Billion Debt Auction
Bloomberg - 4 hours ago
7 (Bloomberg) -- Treasury three-year notes fell before a record $30 billion auction of the securities. Treasuries of all maturities also declined on concern ...
TREASURIES-Longer bonds fall on auctions, issuance fears Reuters
Treasurys Slide; Long Bond Drops Wall Street Journal
Big Year Coming For Bonds Forbes
CNBC - Reuters
all 188 news articles


Boston Globe

Japanese 30-Year Bonds Decline as Dealers Prepare for Auction
Bloomberg - 8 hours ago
7 (Bloomberg) -- Japan’s 30-year government bonds fell for a second day on speculation dealers reduced holdings of debt in preparation for an auction of 1.9 ...
Japan 10-Year Bonds Fall as Stock Gains Reduce Demand for Debt Bloomberg
Japan Bond Futures Fall as Stock Gains Reduce Demand for Debt Bloomberg
Japanese 10-Year Bonds Fall a 2nd Day as Stock Gains Sap Demand Bloomberg
all 427 news articles


Record UK Gilt Sales Raise Risk of Auction Failure
Bloomberg - 4 hours ago
7 (Bloomberg) -- Britain may overwhelm bond investors with a record number of quarterly debt sales, risking the first failed auctions since 2002 as the ...
Investors shun German bond auction Financial Times
Fears over UK gilts going unsold First Post
all 4 news articles


Treasurys down as auctions loom
CNNMoney.com - 10 minutes ago
By Julianne Pepitone, CNNMoney.com contributing writer NEW YORK (CNNMoney.com) -- Treasury prices fell Wednesday - ahead of a record $30 billion auction of ...


German Government Bond Auction Fails to Attract Enough Demand
Bloomberg - 19 minutes ago
“I would call this a failed auction,” said David Keeble, head of fixed-income strategy in London at Calyon, the investment-banking unit of France’s Credit ...


The $100000 Tuna
Luxist, CA - Jan 6, 2009
It may not look like much but the 282-pound Japanese bluefin tuna shown above brought in more than $100000 at auction recently. Two sushi bar owners, ...
Premium Tuna Sells for $104400 in Auction Wall Street Journal
all 276 news articles


Treasurys down ahead of auctions
MarketWatch - Jan 6, 2009
The notes to be auctioned were trading with a yield about 22 basis points more than regular 10-year Treasurys, said Alex Li, interest-rate strategist at ...
Treasurys Continue to Slide Wall Street Journal
Treasurys down ahead of auctions, ISM data MarketWatch
Treasurys down as auctions loom MarketWatch
all 10 news articles


Sify

India May Delay 3G Auction, Raise Prices
BusinessWeek - Jan 5, 2009
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
India Telecom Dept: 3G Auction On Track For Jan 30 CNNMoney.com
DoT rejects finance Ministry's proposals on 3G auction TopNews
TeleGeography - RTT News
all 105 news articles


NZ Herald Dunedin Metro

World Milk Prices Continue to Decline - NZ's Fonterra
FLEXNEWS, France - 7 hours ago
Average prices for milk powder have fallen 54 percent since Fonterra started online auctions in July. The auctions offer a one-month contract with delivery ...
Milk powder prices curdle in crisis The Australian
Weak prices at Fonterra online auctions NZ Herald Dunedin Metro
all 35 news articles

Auctions - Google News

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