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

In The News:

Aviation Week
Continental Airlines Applauds FAA Order to Stop Newark Slot Auction
MarketWatch - Aug 28, 2008
The FAA Chief Counsel said he acted under the authority from the FAA Acting Administrator and found Continental and other airline protesters of the auction ...
FAA delays first slot auction for Newark Forbes
FAA Suspends Auction of Flight Slot at Newark Airport (Update2) Bloomberg
FAA Puts Newark Flight Auction on Hold WNYC
Aero-News Network - NY1all 183 news articles

Blog auctions to help Mesa plane crash victim
Arizona Republic, AZ - 8 hours ago
29, 2008 10:07 AM Bloggers are holding online auctions to support a Mesa woman who was critically injured in an airplane crash last week. ...

3G spectrum auctions to be over by September 30: DoT
Business Standard, India - 10 hours ago
PTI / Mumbai August 29, 2008, 20:01 IST The auction process for the third generation (3G) spectrum service are likely to be over by September 30, ...
3G auctions to end by Dec: DoT secy Financial Express
norms not against foreign telcos Economic Times
Foreign firms' 3G quality may suffer for want of spectrum Business Standard
all 6 news articles

Deutsche Bank Auctions Richter, Baselitz Art for AIDS Charity
Bloomberg - 13 hours ago
29 (Bloomberg) -- Deutsche Bank AG, owner of the world's biggest corporate art collection, will tomorrow auction works by artists including Gerhard Richter, ...

Menzies' plan of auction
The Australian, Australia - 9 hours ago
How apt, then, that auction house owner Rod Menzies has chosen a Warhol work as the show stopper at his next sale. Following recent attacks from his critics ...
Slump in sales leaves art auctioneers hanging The Australian
all 2 news articles

Monsters and Critics.com
Jerry Lewis MDA Labor Day Telethon Adds Online Auctions to Lineup
Auctionbytes - 10 hours ago
By Ina Steiner The Muscular Dystrophy Association will launch its first-ever national online auction in conjunction with the 43rd Annual Jerry Lewis MDA ...
Jerry Lewis talks troubles, television and upcoming telethon Monsters and Critics.com
She Didn't Need Help Laughing Parade Magazine
all 3 news articles

Examiner.com
Auctions and Antiques Examiner
Examiner.com - 6 hours ago
These websites were picked by the Auctions and Antiques Examiner as useful resources. One of the busiest areas in collectibles and a mainstay has been dolls ...

HispanicBusiness.com
FACTBOX-Fed's liquidity tools
Forbes, NY - Aug 28, 2008
The $50 billion option draws will be in addition to the $200 billion that may be offered under regular TSLF auctions. Under the TSLF, the Federal Reserve ...
Fed actions to boost liquidity guardian.co.uk
Federal Reserve auctions $75B in loans to aid banks Youngstown Vindicator
Fed auctions another $75B to ease credit stresses Forbes
guardian.co.ukall 37 news articles

Opinion still split over privatization of court-run auctions
The Daily Yomiuri, Japan - Aug 28, 2008
The government panel for regulatory reform and real estate companies are asking the government to privatize auctions currently conducted by courts. ...

Best Syndication
Setting The Record Straight On Repossessed Car Auctions
Best Syndication, CA - 3 hours ago
A lot of it is aimed at pushing people to car auction membership sites. Look, I've got nothing against these sites. As a matter of fact, I'm a paid member ...
auctions - Google News


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