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


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Wall Street Journal

Game Theory Part of the Art of the Sky Deal
Wall Street Journal
Blind-auction strategy is complex, as each side tries to figure out how much it needs to pay to win while trying to avoid overspending. It has fostered a cottage industry of auction consultants, many of whom hold doctorates in game theory, a branch of ...
Fox and Comcast are about to settle their $36 billion battle for Sky — here's what to expectCNBC
Sky takeover: Blind auction complicates bidding by Comcast, DisneyThe Australian
Comcast could blow Murdoch's Fox out of water with multi-billion pound auction bid for Sky in battle to own £26bn UK ...Daily Mail

all 223 news articles »


The Packer

Massive fruit processing equipment auction scheduled
The Packer
Fruit processing and packaging equipment at a former Seneca Foods facility in Modesto, Calif., will be sold during a series of online auctions. The facility, used for packaging and warehousing the company's peach and fruit cocktail products, was closed ...



Business Insider

Comcast, Fox to Settle $35 Billion Takeover Battle for Sky in Weekend Auction
Wall Street Journal
The U.K. Takeover Panel, which polices deal making in the country, laid out rules for the auction on Thursday. It is a process the regulator hasn't run many times previously—and never before with such a large company as the prize. London-listed Sky ...
'The market is betting on a bidding war': The fight for Sky is likely to come down to a rare sealed auctionBusiness Insider
Fox, Comcast $35 billion takeover battle for Sky heads for one-day auctionCNBC
Comcast, Fox takeover battle for Sky to be decided by weekend auctionUSA TODAY
Reuters -MarketWatch -Bloomberg
all 868 news articles »


Architectural Digest

Memorabilia from Frank and Barbara Sinatra's Estate Will Be Up for ...
Architectural Digest
The live and online auctions will primarily draw from Frank and Barbara Sinatra's residences in Palm Springs and Malibu.

and more »


Art Newspaper

Red tape is stifling German auctions
Art Newspaper
German auction houses are struggling with increased bureaucracy and a shortage of high-quality consignments after the introduction of the country's cultural heritage protection law in 2016 by the culture minister Monica Gruetters. Some have even ...



Market Realist

Sprint's Plans before US Spectrum Auctions
Market Realist
The FCC (Federal Communications Commission) is planning to run two spectrum auctions beginning in November. The spectrum is anticipated to help mobile operators accelerate the development of 5G (fifth-generation) networks. During the Goldman Sachs ...

and more »


South China Morning Post

Halt Hong Kong auctions ahead of laws on e-waste
South China Morning Post
Auctions have long been used by the government to get rid of confiscated items, surplus inventories and unwanted office appliances, and for good reason. Not only are they a convenient way to dispose of such items, but they also rely on market forces to ...



Reuters

Mexico's new president should postpone oil auctions: former Pemex official
Reuters
HOUSTON (Reuters) - A former Petroleos Mexicanos [PEMX.UL] board member said on Wednesday Mexican President-elect Andres Manuel Lopez Obrador has enough political support to change the nation's energy law and should postpone planned ...

and more »


ArtfixDaily

CRN AUCTIONS, INC., ANNUAL SEPTEMBER AUCTION
ArtfixDaily
On Sunday, September 30th, CRN Auctions will conduct their Annual Fall Auction of antiques and fine arts at their gallery in Cambridge, MA offering a mix of items ranging in geographical origin and spanning the 17th through mid 20th centuries. Among ...



Autoweek

Bring a Trailer's LaFerrari auction was internet gold
Autoweek
The auction circus surrounding a 95-mile LaFerrari on Bring a Trailer concluded without landing the car a new owner. The high bid of $3,125,000 USD failed to meet the seller's reserve price. However, the real action during the auction was in BaT's ...


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