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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:

Los Angeles Times

Treasurys down after $30B auction
CNNMoney.com - 8 hours ago
By Julianne Pepitone, CNNMoney.com contributing writer NEW YORK (CNNMoney.com) -- Treasury prices fell Wednesday - after a record $30 billion auction of ...
US Treasuries Decline Before Record $30 Billion Debt Auction Bloomberg
Weak Jobs Report Lifts Treasurys Wall Street Journal
TREASURIES-Longer bonds fall on auctions, issuance fears Reuters
EasyBourse.com - CNNMoney.com
all 294 news articles


BBC News

Japan’s 10-Year Bonds Fall; Surge in Sales Cools Auction Demand
Bloomberg - 41 minutes ago
The sale drew bids worth 2.33 times the amount offered, compared to a so-called bid-to-cover ratio of 2.9 times at the previous auction last month. ...
Japanese 30-Year Bonds Decline as Dealers Prepare for Auction Bloomberg
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
Bloomberg
all 604 news articles


CEP News

Record UK Gilt Sales Raise Risk of Auction Failure
Bloomberg - 17 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 ...
Bund auction spooks investors ahead of supply rush guardian.co.uk
Investors shun auction of German Bunds Independent
Bund auction failure -- a potential warning Another Financial Portal
Financial Times - CEP News
all 21 news articles


Sydney Morning Herald

Real estate power broker dead of apparent suicide
CNN International - 9 hours ago
Good was the chairman and chief executive officer of Sheldon Good & Co., a major US real estate auction company. The death comes amid great turmoil in the ...
Real-Estate Executive Found Dead in Apparent Suicide Wall Street Journal
Chairman and CEO dies in apparent suicide REjournals.com
Real-estate tycoon found dead in car The Courier News
Daily Contributor - Straits Times
all 52 news articles


Missoula Art Museum to Host 37th Benefit Art Auction Exhibition
Art Daily - 1 hour ago
Missoula Art Museum will host the 37th Benefit Art Auction. This important benefit auction – Missoula’s longest running – is critical for MAM to continue ...


NZ Herald Dunedin Metro

Suppliers call for review of auction system
Otago Daily Times, New Zealand - 13 hours ago
By Neal Wallace on Thu, 8 Jan 2009 Fonterra suppliers are calling for an independent review of the company's Internet auction system after prices for whole ...
Farmers hit out at Fonterra The Press
World Milk Prices Continue to Decline - NZ's Fonterra FLEXNEWS
Milk powder prices curdle in crisis The Australian
NZ Herald Dunedin Metro
all 58 news articles


Hall/Bernard. The Nemesis in China,1846
Auction Central News, NY - 1 hour ago
(a)Bloomsbury Auctions Limited trading as Bloomsbury Auctions ("the Auctioneer") sells as agents for the seller (except where otherwise stated) and as such ...
4 7/8" Square Sided Celt Auction Central News
all 123 news articles


FACTBOX-The Fed's evolving liquidity toolkit
Reuters - 5 hours ago
Those auctions will continue until at least April 30, 2009. AUCTION OF TERM SECURITIES LENDING FACILITY OPTIONS: The Fed authorized the New York Fed to ...


Builder Avoids Foreclosure Using Real Estate Auctions
PR Newswire (press release), NY - 7 hours ago
7 /PRNewswire/ -- In this increasingly competitive housing market brought on by current economic conditions, builders are turning to real estate auctions to ...


British rabbinic college to auction unseen Chagalls
Jewish Telegraphic Agency, NY - 12 hours ago
By Josh Spiro · January 7, 2009 NEW YORK (JTA) -- Some 50 previously unseen drawings and paintings by Marc Chagall will be auctioned. The Leo Baeck College ...

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