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:

SBI pushes on with NPA recovery, to auction assets worth Rs 6,169 cr  Economic TimesNEW DELHI: The State Bank of India will auction non-performing assets (NPAs) amounting to Rs 6,169 crore in the next 10 days to recover its dues from various ...
A pigeon sold for $1.4 million in an auction — seriously  INSIDEROver the weekend, a pigeon sold for $1.4 million in an auction. But it's not just any old New York City pigeon — you know the kind who eats scraps of discarded ...
Going, going, gone online: Europe's auction houses go digital  Art NewspaperOnline-only auctions may tend to focus on the lower end of the market, but they are key to expanding clientele. We survey ten auction houses to find out their ...
Real Estate Giant Holding Live Luxury Home Auction for Bitcoin  Bitcoin NewsA major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call ...
Enforcement Directorate to auction 173 paintings, 11 cars that belonged to Nirav Modi  India TodayThe Enforcement Directorate is set to auction as many as 173 paintings that belonged to fugitive businessman Nirav Modi -- after securing due permission from a ...
WTF is a unified ad auction?  DigidayTo the programmatic ad vet, unified ad auctions are nothing new. But it's only in 2019 that they will become the default, thanks to Google entering the fray.
Kellie Harrington auctions off belt to raise money for neighbours who lost their home to fire  The42IRISH WORLD CHAMPION Kellie Harrington is auctioning off her 2015 National Elite belt and an Irish vest to raise funds for neighbours who lost their home to ...
Babe Ruth Bat Now Available at Auction  Barron'sIt's expected to fetch $100000 at a sale that ends Sunday.
After January's Slump, Solar Auctions Gather Speed in February 2019  Mercom IndiaAbout 4 GW of solar capacity was tendered in February, which is approximately 2 GW less than what was tendered in January 2019.
Coonoor tea auction volume drops  BusinessLineA volume of 9.17 lakh kg has been catalogued for Sale No: 12 of the Coonoor Tea Trade Association, scheduled for Thursday and Friday. This is some 36000 kg ...
2019 tobacco auctions start today  The HeraldElita Chikwati Senior Reporter The 2019 tobacco marketing starts today with farmers upbeat about a fruitful and organised season. Sales will start at the auction ...
Chandler Speedway Auction Postponed  Inside INdiana BusinessAndrew Wilson with Wilson Auctions told Tristate Homepage today that the Chandler Speedway auction scheduled for March 20 has been canceled.
IPL 2019: Auction before assessment?  SportstarThe scheduling of the Syed Mushtaq Ali Trophy after the IPL auction broke an old practice of identifying future IPL stars through the tournament.
Racing pigeon auctions for $1.4 million  WILX-TVYou've seen them on the streets, in the parks, it seems like pigeons are pretty much everywhere. So how much do you think one is worth?
Tea auction earnings up 33 per cent in Feb  BusinessLineThe rising trend seen in January in the earnings at Coonoor Tea Trade Association (CTTA) auctions continued in February. The average price at CTTA auctions ...
The 100 most interesting cars at the 2019 Amelia Island Auctions  New AtlasThe 2019 Amelia Island Concours d'Elegance continued to grow in stature this year, but it was the symbiotic cluster of elite auctions that threw up the most ...
24 GHz auction surpasses $600 million in bids  RCR Wireless NewsAfter 12 rounds, the Federal Communications Commission's 24 GHz auction has garnered nearly $605 million in bids.
Legendary Collection of Canadian Coins Presented by Heritage Auctions  CoinWeekCollector George Cook credited for establishing one of the most comprehensive and complete collections in North American history The world's most.
Google Switches To First-Price Auction  AdExchangerGoogle will move to first-price auctions for Google Ad Manager, its publisher exchange and ad server, by the end of 2019. At that time, it will also run a single, ...
NASCAR Team Says Dale Earnhardt Sr. Race Cars at Mecum Auctions Are ‘Not What They Claim to Be’  JalopnikMecum Auctions is scheduled to send three of the late Dale Earnhardt Sr.'s NASCAR race cars across the block on Saturday, each with six-figure auction ...
Investors Win More Treasury Auctions  Wall Street JournalDemand for government bonds is growing as investors weigh the Fed's next interest-rate moves. Domestic investors purchased a record of roughly 55% of the ...
21 cars up for auction after $5 million pot bust  KFOR Oklahoma CityTULSA, Okla. - Dozens of high-performance vehicles seized by federal authorities after one of the largest pot busts in Tulsa history went on the auction block ...
Auction Activity Significantly Lower Year-On-Year With 1,894 Homes Taken To Auction Across The Combined Capitals  CoreLogic Property NewsThere were 1894 homes taken to auction over the week, increasing from the previous week when 1197 auctions were held, although significantly lower than this ...
SBI to auction Rs 2,338 crore of NPAs on March 26  Business TodayState Bank of India has put on sale six non-performing accounts worth Rs 2,337.88 crore, which will be auctioned on March 26. The bank is looking to sell all the ...
Historic ‘Sumas Powerhouse’ in Abbotsford going up for auction  Abbotsford NewsFormer B.C. Electric substation - now a redesigned luxury property - open for bids starting Friday.
National Auction Market Preview - 17 March  CoreLogic Property NewsThis week, all of the busiest suburbs for auctions are in Victoria. Glen Waverley tops the list with 19 homes scheduled for auction. Followed by Bentleigh East ...
Regal Auction Services to hold first sale in new Penacook location next week  Concord MonitorIf you're looking for hardwood floors made from Brazillian cherry, a brand-new stove, or a government-made generator, you might want to head to the old Beede ...
‘It’s going to be a big change for us’: Google’s adoption of first-party auction creates migration headaches for buyers  DigidayGoogle's ad exchange is finally following its programmatic peers and moving to a first-price auction model, but they can be costly for advertisers.
Volume edges up at Coonoor tea auctions  BusinessLineAfter weeks of seeing decreasing volume, a marginal rise was seen in the volume offered for Sale No: 11 of the auctions of Coonoor Tea Trade Association ...
Google's first-price auction shift is just the start towards full transparency  The DrumIn any and every industry, true progress takes time. Yes, innovation happens at breakneck speed — particularly in the tech sector — but industry-wide change is ...
Weak bond auctions flash warning on India's record debt sales  LivemintMumbai: India is struggling to sell its bonds at recent auctions, and that's even before Prime Minister Narendra Modi embarks upon a record borrowing program.
Lok Sabha Elections 2019: EC allows Punjab to hold auction of liquor vends  Hindustan TimesOn Monday, the EC raised questions over the auction and asked the state government to opt for an interim arrangement till the Lok Sabha polls get over in the ...
FG to redeem N139.6bn Treasury bills, bonds …as CBN auctions N48.6bn T-bills this week  The PunchFeyisayo Popoola The Federal Government is expected to redeem N48.6bn Treasury bills and make N91bn bond coupon payment this week to bolster syste...
No more auctions for solar and renewables in Mexico  pv magazine InternationalCFE boss Manuel Bartlett has again stated the national utility will not buy electricity from private companies as it can generate power itself. It is unclear whether ...
Russian c.bank auction format may change after Asian-Pacific auction cancelled - official  ReutersAlexander Zhdanov, head of the Russian central bank's financial resolution department, said on Wednesday it was considering changing its auction format after ...
The ‘Don Pancho’ Goes Up for Auction  New York TimesGENEVA — There's a watch scheduled for the Phillips Geneva Watch Auction: Nine on May 11 and 12 that, according to Alexandre Ghotbi, the house's ...
Art auction raises a staggering R100 million  SowetanLIVE Sunday WorldCollectors from America and Europe are scouring Cape Town's booming art scene in search of deals as diverse as an expressive oil painting by South Africa's ...
Auction of Seized Bitcoin Draws Interest From 110 Countries  Bitcoin NewsWilsons Auctions on Feb. 28 successfully sold off 315 bitcoin seized by the Belgian police from dark web drug dealers. The 24-hour online auction attracted ...
Art auction tests the market for assets of India’s most wanted  Financial TimesAs a celebrity jeweller, Nirav Modi cultivated the image of an aesthete with a deep appreciation of fine art. His extensive Indian art collection of works spanning ...
Get Bids Ready: $68 Million Waterfront Home In Coral Gables Set For Auction  ForbesA $68 million trophy home in Miami-Dade County's prestigious Coral Gables enclave, will be sold via a luxury auction March 19-22.
Freight Carrier NEMF Fighting Banks on Bankruptcy Auction  Wall Street JournalMore than 1300 semi-tractors, more than 4000 trailers and assorted freight-handling equipment are headed for the bankruptcy auction block, NEMF lawyers said ...
Subdued Week of London Auctions Ends with £36.4 Million Contemporary Art Sale at Phillips  ArtsyThe sale saw records broken for Tschabalala Self and Rose Wylie, and a fevered bidding war over a large Cecily Brown painting.
Auction of inflation-linked Treasury bonds RIKS 26 0216 Iceland Stock Exchange:RIK  GlobeNewswireOn Friday, 22 March at 11:00 am, Government Debt Management will conduct an auction of Treasury bonds. In this auction Inflation-linked Treasury Bonds, ...
$430K in Confiscated Crypto to Be Sold Off by Irish Auction House  CoinDeskCryptocurrencies seized by Belgian law enforcement from online drug dealers are to be put under the hammer by an Ireland-based auction house. Wilsons ...
Some parents, teachers upset after school auctions off teachers for money  KPTV.comPORTLAND, OR (KPTV) - A Portland elementary school is in hot water tonight after allowing parents to bid money on who they want as their child's next teacher.
‘Don’t hold 5G spectrum auctions before 2020’  The HinduVodafone Idea on Wednesday said that auctions for 5G spectrum should not be held before 2020, as there was a need to first develop India-specific use cases ...
Redfund announces strategic alliance with hemp auction platform Cannamerx  Proactive Investors USA & CanadaRedfund Capital Corp. (CNSX:LOAN) - The financier said it will help the company, also known as Cannamerx, with financing and building clientele.
Auction of Washington Wines Achieves No. 3 Spot in US Charity Wine Auction Rankings  PR WebThe Auction of Washington Wines (AWW) has bolstered its ranking among the nation's largest charity wine auctions, landing third in Wine Spectator Magazine's ...
Several of Dale Earnhardt's Race Cars Will Be Up for Auction Later This Week [Updated: Team Says the Cars Are 'Not What They Claim to Be']  JalopnikIn a country where the black No. 3 car is about as recognizable as the stars and stripes themselves, it isn't often that race cars driven by Dale Earnhardt Sr.
From Rolls-Royce to Porsche - ED to Auction Nirav Modi's Cars  News18The Enforcement Directorate will auction eleven vehicles 'beneficially owned' by Nirav Modi after it obtained permission from a special court in Mumbai, officials ...
Enterprise Products Partners to hold crude oil for export auction  ChronHouston pipeline operator Enterprise Products Partners will hold an electronic auction in April for domestically produced crude oil to be exported from its ...
Ever dreamed of owning a Dale Earnhardt race car? Auction this weekend is your chance  Durham Herald SunCars raced on NASCAR tracks by Dale Earnhardt Jr. and dad Dale Sr. will be auctioned in Glendale, Arizona, along with limited edition cars including one of the ...
2019 March Madness Calcutta Auction Pool: Strategy, Tips, Picks  The Action NetworkDoing a March Madness auction this year? Collin Wilson gives tips, strategy and his 2019 picks to dominate your Calcutta pool.
U.S. Gulf of Mexico oil and gas auction generates $244 million  ReutersA major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday received $244.3 million in high bids, government officials said.
Intrigue colors auction of ill-gotten estate with gold, silver  The Daily MemphianBring a metal detector as well as your checkbook if you're going to the auction of the Bates place. Gold and silver coins may be hidden somewhere within the ...
'These are encouraging signs': Emboldened investors target harbourfront suburbs at weekend auctions  Domain NewsResidential property investors targeted apartments close to the city at the weekend, with units in Wollstonecraft and Crows Nest and a townhouse in Lavender ...
Auction to feature assets from former Fiesta Mall in Mesa through April  KTAR.comThe remaining assets from Fiesta Mall located in Mesa will be auctioned off to the public through a partnership with Auction Nation.
FCC 24GHz 5G Auction Crosses $525M in Bids  Light ReadingBidders continue bidding heavy on metropolitan areas in US in latest 24GHz 5G auction.
Katy Perry to headline at Auction Napa Valley 2019  The Drinks BusinessAmerican pop star Katy Perry will headline at this year's Auction Napa Valley at Meadowood in June, where she has been tasked with starting the bidding.
Chandler Speedway auction canceled  TriStateHomepage.comAndrew Wilson with Wilson Auctions said on Wednesday that the Chandler Speedway auction has been canceled.
The rise of private sales at auction houses  Financial TimesPlus: sprightly start to contemporary auctions; London gallery decamps to New York.
Auction dynamics hit State players' chances Auction dynamics hit State players' chances Auction dynamics hit State players' chances  Deccan HeraldA criticism often hurled at the Royal Challengers Bangalore, and not without reason, is the lack of faith in home-grown players. Karnataka players, who are much ...
Explainer: Germany, at last, launches 5G spectrum auction  ReutersMAINZ, Germany (Reuters) - Germany begins an auction of spectrum for next-generation 5G mobile networks on Tuesday, the outcome of which will play a ...
FCC opens 24GHz mmWave 5G auction, includes deals for rural bidders  VentureBeatU.S. carriers are set to bid on key 5G millimeter wave spectrum covering the country, enabling small and large providers to offer high-speed data *service*.
Melbourne auctions: First-home buyers battle it out at entry-level properties  Domain NewsFirst-home buyers made spirited bidding at entry-level properties across Melbourne's inner suburbs on Saturday, taking advantage of stamp duty concessions ...
NY School Holds Mock Slave Auction Selling Black Students to White Kids  The RootAfter an apparent celebration kicking off the return to 11 White History Months in a row, administrators at an exclusive private school in New York are scrambling ...
Kareem Abdul-Jabbar Puts Memorabilia Up for Auction  The New York TimesThe auction includes four N.B.A. championship rings.
Rare IHC 7288 Tractor Sells Wednesday on Ohio Auction | Agweb.com  AgWebNo. 16 made is up for sale Wednesday (March 20, 2019) on an online auction in Greenville, OH. The sale is by my friends at Leaman Auction, Ltd.
Kareem Abdul-Jabar auctions off four out of his six NBA championship rings and other memorabilia for STEM education  CBS NewsFans can own a piece of NBA history thanks to Lakers legend Kareem Abdul-Jabbar. The basketball great is auctioning off hundreds of pieces of memorabilia ...
This Real Life ‘Fast & Furious’ Illegal Car Collection Is Up for Auction  HighsnobietyA collection of illegal imported cars is up for auction, after they were seized from a drug dealer in Oklahoma. Check out all the rare Japanese cars here.
RCB thinktank assign finisher's role to Dube  CricbuzzGiven his ability to hit the big shots, Dube fits into the role of a finisher.
Rare Peter Blake Labeled Whisky Expected to Fetch Close to $1 Million at Auction  FortuneThe bottle of 60-year-old Macallan scotch whisky sports a label designed by Sir Peter Blake, the Sgt. Pepper's album cover artist.
Teacher In Westchester Fired For Allegedly Holding Mock Slave Auction  Daily VoiceA teacher has been fired after she was placed on leave for allegedly holding a mock slave auction with her students in the classroom of a private school in ...
Sydney auctions: Two-bedroom Kirribilli apartment sells $900,000 above reserve  Domain NewsTwo balconies with panoramic harbour views, a clutch of cashed-up downsizers and a highly sought address pushed an apartment in a tightly held Kirribilli ...
Program from first Masters up for auction  The Augusta ChroniclePrograms from the first Augusta National Invitation Tournament are rare, but another one has found its way to the auction block.
Brisbane record house sale under the hammer heralds new era for auctions  Domain NewsWhen 39 Griffith Street, New Farm sold under the hammer for $7.75 million on Saturday, it became the most expensive house ever sold via auction in Brisbane.
Fyre Festival merchandise is going up for auction  Cosmopolitan.comIn an interesting turn of events, you will now be able to bid for "official merch" from greatest party that never that never happened. Yep, this could be the strangest ...
Napa Valley Wine Auction Has Star Power  Barron'sKaty Perry and Ayesha Curry will attend a Napa Valley Vintners event that raises funds for children's education and healthcare.
Australian house to go under the hammer in world-first cryptocurrency auction  The New DailyIn a world first, Australia will host a live auction where bidders are being asked to pay in cryptocurrency for the luxury property.
'First' David Bowie Starman demo sells at auction for £50,000  BBC NewsA tape that is believed to be the first recording of David Bowie's Starman has fetched more than £50,000 at auction. The 1971 tape, which had a pre-sale guide ...
Old Fall River police station back up for auction, again  Fall River Herald NewsFALL RIVER -- It's hard to keep count of how many times the city has tried to sell off the old Bedford Street police station. But the next effort may be a charm when ...
Response to $5 billion swap auction quite positive so far: RBI governor  Times of IndiaMUMBAI: Reserve Bank governor Shakthikanta Das on Tuesday said the market response to the unconventional liquidity tool of dollar swap auction worth $5 ...
Futuristic $4 million home is going up for auction - but the owner is only taking offers in Bitcoin  Daily MailThe futuristic Byron Bay home looks like something out of the Jetsons, and if it sells it'll be the first home in Australia to be sold using cryptocurrency.
Parents, teachers upset after Portland school auctions off teachers for money  KEZI TVA Portland elementary school is in hot water tonight after allowing parents to bid money on who they want as their child's next teacher.
Auction report: Watching a tally of telehandlers like a 'hawk'  AgrilandAn auction involving the disposal of a considerable fleet of tractors and equipment from the UK-based Hawk Plant hire group is ongoing.
Sotheby's Wine Auction Will Offer Hundreds of Hard-to-Get Bottles  Robb ReportOenophiles can get their hands on some of this prized bounty at an auction being held at Sotheby's today, March 20. The French luxury goods house is selling a ...
HMDA e-auction for plots on April 7-8  Telangana TodayA great opportunity is knocking on the doors of those looking to construct their dream home or put together a commercial structure with the HMDA 's e-auctioning ...
Huge Collection of Famous 1990s Autographed Baseball Cards at Auction  Beckett Media, LLCDetails on a massive lot of pack-pulled 1990s baseball card autographs up for auction through Collect Auctions. Includes breakdown of what's for sale.
ARCs, stressed asset investors look for deals as banks auction $3.6 bn of bad loans  VCCircleAsset reconstruction companies (ARCs) and other investors may pursue distressed assets more actively in coming weeks as banks.
Mint condition stolen Mercedes found after 27 years  NEWS.com.auA Mercedes-Benz that was stolen in 1991 and has covered just 1909km in 27 years will today go to auction in Pennsylvania in the United States with hopes of ...
SAPD to auction off seized property, including TVs, Jordans, power tools, video games  mySAThe San Antonio Police Department will auction off an array of seized items on Thursday. The viewing begins at 5:30 p.m. and the auction begins at 6:30 p.m. at ...
NHAI cancels second auction of toll roads  LivemintMUMBAI: The National Highways Authority of India (NHAI) has decided to cancel the second auction of toll roads after the bids came in far below its expectations ...
Cotter Schools auction celebrates 40 years  Winona Daily NewsThis year Cotter Schools is celebrating their 40th annual Cotter Auction on Saturday, April 27 at the John Nett Recreation Center on the Cotter campus.
Tuner's Incredible Car Collection to be Sold in Oklahoma Drug Bust Auction  The DriveA tuner turned drug runner will have his prized car collection sold off next week.
J. Levine Auction owes millions; declares bankruptcy  AZFamilyA Phoenix auction house investigated before by 3 On Your Side, is back in the news again.
20th Anniversary Sustainability Awards Dinner & Auction | Calendar  San Mateo Daily JournalCelebrate local sustainability champions at Sustainable San Mateo County's 20th Anniversary Awards Dinner and Auction. The party starts with a reception from ...
George Formby's 'hidden ukuleles' sold at auction  BBC NewsTwo ukuleles used by George Formby, which were kept hidden for years, have fetched almost £24000 at auction.
ÁKK T-bill auction sale falls short of plan  Budapest Business JournalThe Government Debt Management Agency (ÁKK) sold HUF 20.0 billion of discount three-month T-bills at auction on Tuesday, lowering its original offer by HUF ...
UK Auction House to Sell $400,000 in Dark Web Bitcoin  CCNAn auction house in the UK is facilitating the sale of multiple cryptocurrencies including bitcoin and bitcoin cash seized by the Belgian government from a ...

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