Auction Information

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:

In need of cash, states auction goods online
BusinessWeek - 3 hours ago
Like most other states, New York also holds traditional auctions off-line for vehicles and equipment and had brought in $3.5 million by the end of October. ...


Tepid jewelry auctions show wealthy holding back
Reuters - 8 hours ago
While one sapphire ring sold for a record $3.5 million, most of the eye candy languished on the auction block and items that did sell fetched prices 20 ...


Extraordinary Art Auctions in Italy for Design, Modern and ...
MarketWatch - 13 hours ago
Pandolfini Auction House has organized at the new office in Milan (Italy) the auction sessions devoted to Design, Modern and Contemporary Art. MILAN, Italy, ...


Industrial Online Auction Company AssetNation, Inc. Formed
MarketWatch - 11 hours ago
AssetNation has created a global marketplace that assembles some of the strongest brands in the online auction community, which include SalvageSale, ...


London Auctions of All Things Russian
Wall Street Journal - 13 hours ago
By LLECTING MARGARET STUDER RUSSIAN SALES dominate the coming week at London auction houses as paintings, royal Fabergé, imperial silver, porcelain and ...
Faberge, Wealthy Russians Face Tests at London Auctions Bloomberg
all 3 news articles


Galleries wonder whether fair will draw collectors
CNNMoney.com - 6 hours ago
Sluggish sales at recent auctions in New York may be a sign that the years where collectors paid exorbitant prices for high art are over. ...
Roundup of events during Art Basel Miami Beach San Jose Mercury News
all 25 news articles


African Tea Prices Fall 14 Percent at Weekly Auction in Kenya
Bloomberg - 22 hours ago
21 (Bloomberg) -- African tea prices fell in Kenya, shedding 14 percent at a weekly sale in Mombasa, according to the founding broker of the auctions. ...
African Tea Prices Post Biggest Fall in 4 Years (Update1) Bloomberg
all 3 news articles


US company auctions 300000 UN carbon credits
Reuters - Nov 20, 2008
NEW YORK, Nov 20 (Reuters) - US-based online exchange World Energy Solutions Inc said on Thursday it has completed an auction for carbon credits that can be ...


ABC News

The painful consequences of abandoning asset auctions
Economist, UK - Nov 20, 2008
Holders of toxic mortgage-backed securities had pinned their hopes on the American government’s plan to buy large piles of the stuff through auctions as ...
Fox Biz Anchor 'Frustrated' by Misuse of TARP Business Media Institute
More Evidence Of TARP Error istockAnalyst.com (press release)
Credit Markets Unlock but Remain Vulnerable to LIBOR, TARP and ... Sovereign Society
Structured Credit Investor (registration)
all 266 news articles


GeoCities 2.0 auctions self on eBay
Register, UK - 2 hours ago
In the summer of 2006, at the height of the digerati's Web 2.0 frenzy, social networking startup Kiko.com sold itself on eBay. ...

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