Auction Information

Auction Seller Guide To Success


When its time to clean-up around the house, some people havea hard time deciding what to keep and what to throw out.What they need is an incentive.

How about collecting cash from stuff that was collectingdust?

You can do this by auctioning-off your unwanted or no longerneeded items on eBay. eBay is the largest online marketplace of its kind. If you are considering this, then youneed to gain some basic knowledge of the listing process.

Here is a 10-item checklist to go over before you beginselling:

1. Look at Other Seller Listings

Do a search for your item. See how other sellers list thesame or similar item. Take mental note of the category, thetitle, the description, the photo and the pricing.

2. Choose the Most Appropriate Category

Make sure your item is in the most appropriate category.Avoid placing it in a category where it doesn't belong.List your item in the wrong category, and people looking foryour item will not find it. Let eBay suggest the categoryfor you, if you are unsure which category your item belongs.

3. Write an Accurate Title for Your Listing

Make it easy for buyers to find your item in a search bywriting a precise title of it. Be as exact and detailed aspossible so your item can show up in broad keyword searchestoo. Avoid using hype words like "Best," "Great," or"Fantastic." Putting these words in the title will not helpbuyers find your item because they don't type in these typesof words in their searches.

4. Set Your Price Low

Entice your buyers by starting at a low price. Set areserve price in your listings so you don't have to sell itwhen the auction ends at too low of a price for you to makea profit.

5. Give Plenty of Time for Your Auction

Let as many people as possible see your auction. Set theduration for five or seven days so weekend buyers will havea chance to bid on your item too.

6. Show a Photo of Your Item

Take a digital photo of your item and post it with yourlisting. Let your buyers see what they are bidding on.Allow the photo to help you sell it. Having to seesomething first before you buy it is only natural. Applythis same principle to online auctions. Buying a digitalcamera is a good investment these days and instructions onloading pictures up to the eBay site are simple enough thatthere really is no excuse not to have a picture.

7. Give Buyers Plenty of Payment Options

Make it easy for the buyer to pay. Providing as manypayment options as available is better. Place in your itemlisting your own merchant account or credit card processorinformation. Sign up with Paypal if you don't have your ownmerchant account. Let buyers pay by check or money order ifyou don't provide payment through Paypal or credit cards.Including all payment options leaves no buyers behind.

8. Be Clear on Shipping and Handling Information

Avoid troubles or negative seller feedback by statingupfront your shipping costs. Mention this clearly in yourlisting. Include your return policy.

9. Give Contact Information

Gain the buyer's trust by freely stating your contactinformation. List your email, phone number or mailingaddress.

10. Keep on Testing

Review the auctions that have ended. Learn from the winsand losses. Try changing the category, title, descriptionor price if it didn't sell. Testing the individual elementsin the auction process is critical to your goal of becominga successful auction seller.

(c) Leroy Chan - All Rights reserved

Discover the "Insider Tricks" to making money on eBay. Visit Leroy Chan's site, Auction Seller Guide to receive a free 12-part auction selling course.


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Selected Western livestock auctions
Capital Press
Oregon. EUGENE. (Eugene Livestock Auction). Nov. 10. Head Count: 506. Comments: Feeders steady to slightly higher on vaccinated calves. High Dressers: 48.00-56.00. Low Dressers: 38.00-45.00. Top 10 Cows: 48.70. Top Bulls High Dressers: 56.00- ...



Wall Street Journal

Huge Hits and Big Flops at New York's Fall Art Auctions Send Mixed Signals About the Market
Wall Street Journal
The art market appears to be entering its Volatile Period. After a steady run-up in art prices, bidding started to fly and fracture in unpredictable patterns during New York's major fall auctions, which concluded Friday. From a $90.3 million David ...
How record-setting art auctions are ruining the old neighborhoodWashington Post
David Hockney painting auctions for record $90MYahoo News Canada (blog)

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ESPN

Car used by LeBron James as high school senior going to auction
ESPN
The car used by Los Angeles Lakers star LeBron James as a high school senior is headed to the auction block. The 2003 Hummer H2 will go up for auction by Goldin Auctions on Monday, and the car will be sold on Dec. 8. Goldin Auctions president Ken ...
Hummer that got LeBron James investigated in high school is up for auction ... againCBSSports.com
The Hummer that LeBron James drove in high school is up for auctionYahoo Sports
LeBron's High School Car Is Going to AuctionRealClearLife
Goldin Auctions
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Yale News

Bring home a piece of the Peabody; museum holding online auctions
Yale News
The Yale Peabody Museum of Natural History is preparing to undergo a comprehensive renovation. In preparation for that transformation, the museum will hold several online auctions of items it can no longer use. The auctions are online only and will ...



New Haven Register

Yale Peabody Museum holding online auctions of surplus items
New Haven Register
NEW HAVEN — Yale University's Peabody Museum of Natural History is holding several online auctions “of items it can no longer use” in advance of a comprehensive renovation that officials say will be “an amazing transformation,” according to a release.

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CNN

A photo of Hitler posing with a girl of Jewish heritage auctions for $11520
CNN
Known as "the Führer's (leader's) child," Rosa Bernile Nienau became very close with Hitler after they met outside his house in 1933, Alexander Historical Auctions, which sold the photograph, said on its website. Nienau and her mother were in a crowd ...
Lot Detail - ADOLF HITLER INSCRIBES A PHOTO TO ROSA BERNILE NIENAU – A YOUNG JEWISH GIRL WHO ...Alexander Historical Auctions
Hitler's phone, 'the most destructive 'weapon' of all time,' sold for $243000CNN

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Livestock auctions
Cadillac News
Clare County Livestock Auction, LLC. Sale every Monday at 3 p.m.. Nov. 12 results: Choice colored steers, $95 to $104; choice colored heifers, $90 to $103; good colored steers and heifers, $80 to $100; choice Holstein steers, $68 to $90; heavy bulls ...



WHEC

Storage company accidentally auctions off wrong unit
WHEC
"Life Storage's auction guidelines are very precise and in accordance with all applicable laws," Piegza wrote in a statement. "Unfortunately, in this instance, the unit was auctioned in error. We promptly contacted the buyer of the sold unit who ...



CNBC

Bidding is on for the most expensive home ever to hit the auction block
CNBC
Real estate auctions, once used for foreclosures and distressed sellers, is moving upmarket. The number of multimillion-dollar homes being sold at auction has nearly doubled in the past year, according to real estate analysts and auction companies.



Forbes

Rare Stan Lee Collectibles Go Up For Auction Days After His Death
Forbes
A rare collection of works by comic book legend Stan Lee are going up for auction just days after his death. The items are part of the highly anticipated Icons & Idols: Hollywood event coordinated by Julien's Auctions, the world-record breaking auction ...
A Collection of Stan Lee's Works Hits AuctionBarron's

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