Auctions Make Money!

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Auctions Make Money!

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:

Sci-Tech Today
Disputed dinosaur fossil auctioned for $1M in NYC
BusinessWeek
By JENNIFER PELTZ A dinosaur dispute is brewing between the Mongolian government and an American auction house, which sold a fossil of a fearsome T. Rex relative despite a court order not to. The 8-foot-tall, 24-foot-long skeleton of a Tyannosaurus ...
Dinosaur Auction: Tyrannosaur Skeleton Fetches $1 Million Despite ObjectionsHuffington Post
Dinosaur Dustup: Auctioneer, Mongolia Battle Over $1M BonesABC News
Disputed Dinosaur Fossil AuctionedSci-Tech Today

all 281 news articles »

Telegraph.co.uk
Foundation objects to auction of purported vial of Reagan's blood
Reuters
By Alex Dobuzinskis | LOS ANGELES (Reuters) - Ronald Reagan's foundation expressed outrage on Monday at a British company's auction of what it says is a vial of the late US president's blood taken at the hospital where he was treated after a 1981 ...
On-line auction site is selling a vial of President Reagan's blood taken after ...Washington Post (blog)
Outrage at auction of Ronald Reagan's bloodTelegraph.co.uk
Ronald Reagan's Blood For Sale — Bid Now!ABC News (blog)
Virginia Gazette
all 51 news articles »

New York Daily News
Babe Ruth jersey fetches a 'Ruthian' $4.4 million at auction
Chicago Sun-Times
By MIKE FITZPATRICK AP Sports Writer May 21, 2012 9:58AM This undated photo provided by SCP Auctions shows a circa 1920 New York Yankees baseball jersey worn by Babe Ruth that sold for more than $4.4 million at auction, Sunday, May 20, 2012.
Babe Ruth jersey sells for record $4.4 millionBusinessWeek
Outsize Figure, Even by Ruth's StandardsNew York Times
Babe Ruth jersey sells for record $4.4 million at auctionCNN (blog)
New York Daily News
all 418 news articles »

VINTAGE: Auction-Star Ferrari 625 TRC
SPEEDtv.com
(Photo: Wouter Melissen) The star of the various auctions during last week's Monaco Historic Grand Prix was this 1957 Ferrari 625 TRC sold for just over 5 million euro ($6.5 million) by RM Auctions. It is one of just two 500 TRCs built in period with ...

Diego Rivera poised to top NY Latam art auctions
Chicago Tribune
NEW YORK (Reuters) - A Diego Rivera portrait of a 10-year old girl, her head cocked and gaze wary, is expected to top this week's Latin American art auctions, where surrealist-tinged works by other artists are also primed to do well.

and more »

NHR: Old Hamden PD Stuff to be Auctioned Tuesday
Patch.com
The New Haven Register reports today that no one showed up for an auction of everything left behind in the old Police Department buildings. The two-day auction began Monday and continues Tuesday from 9 am to 3 pm Tuesday's auction is set for the annex ...

and more »

KGMI
Exclusive: US lets China bypass Wall Street for Treasury orders
Reuters
Those dealers then bid on their behalf at Treasury auctions. China, which holds $1.17 trillion in US Treasuries, still buys some Treasuries through primary dealers, but since June 2011, that route hasn't been necessary. The documents viewed by Reuters ...
Records Show China's Private Link to Treasury MarketsNew York Times
China gets VVIP treatment from USFinancial Times (blog)
US lets China bypass Wall Street for Treasury ordersTODAYonline

all 50 news articles »

Successful John Dixon Auction Blitz: 11 Commercial Buildings, 10 Events, Three ...
MarketWatch (press release)
"We really felt that it was important to sell most of these buildings at the location itself, and that meant we had to form three teams, with multiple auctions two of the three days. But our folks were up to it, and we had 10 auctions, each of which ...

and more »

State surplus auction draws hopeful bidders, sales of boats, ATVs, file ...
Nashua Telegraph
By JONATHAN VAN FLEET Staff photo by JONATHAN VAN FLEET Crowds await the start of the state auction Saturday morning in Concord. Thousands of items were up for sale from boats and ATVS, to file cabinets and chainsaws. Staff photo by JONATHAN VAN FLEET ...

Bloomberg
Treasury Auctions Set for This Week
New York Times
The Treasury's schedule of financing this week includes Monday's regular weekly auction of new three- and six-month bills and an auction of four-week bills on Tuesday. At the close of the New York cash market on Friday, the rate on the outstanding ...
Treasuries Fall as Yields Damp Demand Before AuctionsBloomberg
CREDIT MARKETS: Treasurys See Comeback; Other Bonds ReboundWall Street Journal

all 110 news articles »

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