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 [email protected]

In The News:


Chicago Daily Herald

Popular Mecum Auctions returns to area
Chicago Daily Herald
Mecum Auctions, which is hosting Chicago Auction in Schaumburg Oct. 5-7, is a household name and for good reason. Its televised auctions are broadcast to nearly 100 million homes, to say nothing of the thousands that attend them live. In the course of ...


Sealed bids draw attention: Popularity of silent auctions rises in some areas
Bismarck Tribune
“Since then, the great majority of them (sealed bid auctions) have been successful,” Menke says. In the past year, about half of the Grand Forks offices sales have been through sealed bids, the other half through private treaty. Unfavorable weather has ...


CleanTechnica

Vietnam To Launch Solar Power Auctions
CleanTechnica
The World Bank and the Vietnam's Ministry of Industry and Trade (MoIT) have joined hands to implement a pilot auction program for solar projects. According to a local media report, the program is aimed at accelerating the development of registered ...
Tamil Nadu solar auction: Most winners agree to lower pricesEconomic Times

all 28 news articles »

Mother Nature Network (blog)

The reason this town auctions off used salt licks is heartwarming ...
Mother Nature Network (blog)
I'm officially jealous of the town of Baker City, Oregon. In this seemingly magical place, the humans put salt licks out for cows, goats, deer, horses and other ...

and more »

Robb Report

Back-to-Back Auctions for Screen Legends Vivien Leigh and Audrey ...
Robb Report
Take a look at the upcoming auctions in London for Vivien Leigh and Audrey Hepburn's personal items.
Celebrity Memorabilia Has Become A Hot Commodity at Auction ...Hollywood Reporter

all 4 news articles »

Asbury Park Press

Fort Monmouth auctions off memorabilia, furniture - Asbury Park Press
Asbury Park Press
The former Army post in Oceanport, Eatontown and Tinton Falls closed in 2011.

and more »

Newsweek

Adolf Hitler's 'Surprisingly Large' Underwear Sold at Auction for ...
Newsweek
An almost 80-year-old pair of Adolf Hitler's underwear sold for nearly $7,000 recently in a private auction, Metro reported Sunday. The anonymous buyer is ...
Adolf Hitler's 'Surprisingly Large' Used Underwear Sold For $5,500 ...International Business Times
Hitler's Underwear Sold For $6,700 At Auction – The ForwardForward
Nazi Knickers: Hitler's Underwear Sells For $6,700 at US Auction ...Sputnik International
AOL
all 7 news articles »

Rwanda auctions commercial real estate of exiled tycoon
Xinhua
KIGALI, Sept. 25 (Xinhua) -- Rwanda Revenue Authority (RRA) on Monday auctioned a multi-million-dollar mall located in the center of Capital Kigali, belonging to exiled tycoon Tribert Rujugiro Ayabatwa. Ayabatwa was listed Africa's Number 1 Tobacco man ...

and more »

Automotive News (subscription) (blog)

How salvage auctions prepared for disaster - Automotive News
Automotive News (subscription) (blog)
When hurricanes Harvey and Irma slammed Texas and Florida, auto salvage auction companies were ready to respond. Here's how.

and more »

Auto Remarketing

Behind the numbers: 10 charges seen most often at auction
Auto Remarketing
After a 30-day window of studying auction sales and their associated auction charges earlier this year — a period that included more than 347,000 vehicles sold by clients — AutoIMS was able to determine the 10 most common charges spotted in the ...

Google News

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