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:


AZCentral.com

Scottsdale auction house has luxury buyers and sellers sold
AZCentral.com
Giving buyers a chance to set the purchase price of their dream house while saving sellers time and money has created a successful model for Supreme ...
Pricey Scottsdale, Carefree homes to be auctioned in April - abc15 ...ABC15 Arizona

all 3 news articles »

Small Business Trends

30 eBay Alternatives Beckon at These Online Auction Sites
Small Business Trends
Founded as early as 1995 when it was known as AuctionWeb, eBay Inc. (NASDAQ:EBAY) was one of the first online selling and buying portals and, for years, held the monopoly in digital auctions. Subsequent years have seen the online auction market ...


Foreigners buy more longer-dated U.S. bonds at auctions | Reuters
Reuters
Foreign investors raised their purchases of longer-dated U.S. government debt in early March, in a sign of renewed appetite for dollar-denominated assets as ...

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10-Year TIPS Reopening Auctions With A Real Yield Of 0.466 ...
Seeking Alpha
10-year TIPS yields have been holding under 0.50% even as the Federal Reserve raises short-term rates. The inflation breakeven rate dipped to 1.95%, under ...

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Newser

New Jersey Schools Held Mock Slave Auctions and Parents were Outraged
Newsweek
Teachers in a northeastern New Jersey school district keep asking children to hold mock slave auctions and parents are furious. A substitute teacher held a mock slave auction last week at the Jefferson School in Maplewood just weeks after parents at ...
School Under Fire After 'Slave Auction'Newser
Mock Slave Auction at NJ Elementary School Enrages ParentsThe Root
South Orange Maplewood school district under fire over slave auction reenactmentNews 12 New Jersey
CBS New York -NJ.com
all 45 news articles »

Crain's New York Business

NYSE glitch sends traders scrambling as ETF auctions derailed
Crain's New York Business
The exchange shifted to backup methods for calculating the closing prices for most names, and went back to using an old version of its software, according to an email to clients. A total of 341 symbols did not complete their closing auctions, the ...


KETV Omaha

Brix auction: 17000 bottles of wine, liquor, beer available to Nebraska residents
KETV Omaha
There will be two auctions -- one for the Village Point location, where both alcohol and supplies will be available, and one that will include only liquor from Brix's former Midtown location. The Village Point auction will take place on April 7 and ...


Rodeo Houston lamb and art auctions, Go Tejano Day 2017 attendance break records
Houston Business Journal
The Houston Livestock Show and Rodeo held a variety of auctions over the past few days, with record-setting bids in the Junior Market Lamb and Goat Auction and the School Art Auction. Some attendance records also were set in recent days. The one-day ...

and more »

CleanTechnica

Pakistan To Finally Embrace Solar Power Auctions | CleanTechnica
CleanTechnica
Perhaps motivated by the massive crash in the solar power tariff bids across the world, Pakistan is set to shift from feed-in tariff mechanism to competitive ...

and more »

Rapaport

Diamonds.net - Rapaport Auctions Sells Over 83,000 Carats of ...
Rapaport
ESS RELEASE, March 21, 2017, New York ... Rapaport Auctions, the world's leading recycler of diamonds, closed its Hong Kong auctions this month at one of ...

and more »
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