The Popularity of Online Education

Since gaining an education is typically done in the original way, almost all people still find it a surprise to find out that they can get an online education. We commonly think that only the more bold people would be satisfied with this. Whether it be online or not, every one of us have to have a college education to ensure a better future for us.

Back in the olden times, parents would most likely break their back trying to send their kids to school. Despite this, it was still not possible for many people. The cost was very high to send their kids to school. Typically, these young people wound up with incomplete degrees.

A large amount of parents still suffer from the exact same situation. Conditions permitting, a few parents prefer that their kids work in place of going to school. This is where online education steps in. Because of this type of education, those people who are capable can work and study as well.

When there is almost no time and a lot more sacrifices required, online education programs could very well be customized to suit the learner’s desires and time. One can take advantage of the daytime job and pursue his education and learning during the night time online.

This is also great for young moms who want to pursue education even with all the current responsibilities at home. This allows her to attain education of a higher degree without missing out on her tasks at home. Moms would genuinely appreciate the opportunity to expand their horizons but still have the ability to enjoy her home routine.

People consider this to be less expensive as well. There won’t be unnecessary fees for transportation, additional textbooks, or even day care fees that a mother or father must pay while at school. Online education sets you free from travel stress.

As well as its practicality, people like that you are able to be relaxed and comfy while you go to school and study. It really is both relaxing, and practical. Education is just easier this way.

They say the effectiveness of such an education is subjective. Nevertheless, recent studies have shown that an excellent education proves to be a better answer for someone who has to work while they go to school. This system enables them to be successful in all areas of life from career, friends and family and finances.

How To Build A Successful Home Based Business – Top 5 Tips

Whether you are looking to escape from the shackles of your current job, or you are simply ready to start earning an income from your own home-based business, you have a great chance of succeeding if you are hard-working, motivated, driven, and are equipped with the right tools. Don’t let anyone tell you that making money from home is easy, because it will take a lot of hard work, just as if you were to start a business outside of your home. The great thing about starting a business from home is that it will cost you significantly less money than trying to start a brick-and-mortar business.

The ingredients for success are: Desire, motivation, dedication, and an undying will to succeed. If you have these qualities, nothing can get in your way, except maybe the lack of knowledge about how to actually start and build a successful business. Without the proper tools at your disposal, even the greatest ideas in the world may never come to fruition, but I am here to tell you today that you can indeed succeed, and I am going to give you the five important components that are essential to succeeding in your home-based business.

The top 5 important factors for achieving success in your home business include:

TIP #1 – Find a product that is in high-demand

If you want to start selling something immediately, then you can surely find something that is already made and ready for you to sell for a cut of the profits. This is known as a “sales rep” or an “affiliate”. Even better is to create your own products, which allow you to keep 100% of the profits. If you have an area of expertise or significant knowledge, creating information products to be sold online is a very simple way to make good money, and you won’t have to store any of your information since it will be digital.

TIP #2 – Learn how to put together a basic website

With the ability to reach millions of people worldwide, having your own simple website on which to sell your products can help you make significantly more money than if you were to sell only locally.

TIP #3 – Learn how to market your products and your business

Marketing is something that you will have to learn how to do well if you want to succeed in business. There are a few very effective ways to market your business online that are 100% free. To become successful, find marketing that works and make sure you do it every single day, as this will increase your customer base.

TIP #4 – Find a mentor/consultant

Since starting an home-based business is essentially an online business these days, by finding yourself a consultant who has already achieved online success can help you learn faster, avoid common mistakes, and help you build your business much faster. There are many good ways to find success online, but do avoid anything or anyone who promises you fast riches overnight. If you hear this, turn and run the other way.

TIP #5 – Never give up

The difference between those who have achieved success in their home business and those who have failed is simply the attitude of never giving up. You will have roadblocks and struggles, but if you can push through the tougher times, then you will prevail at the end and find the success you have been dreaming of achieving.

Easy Home Base Business – Is There Such a Thing?

Is there an easy online home base business? Yes and no. You will have to learn all the internet terms and language first. You will have to know how to set up marketing campaigns, blogs, websites, sales funnels, and so on. Now once you learn these methods and it’s effective, you will write your check for the rest of your life.How will you find the right marketing company that will teach you how to market effectively? Well it will take you some time to figure that out, but it is well worth it. It took me about a month. There is so much garbage on the internet it is unbearable. Now when you are looking for the right marketing company to have an easy home base business, the company has to provide you with 6 things. A system, great products to market, awesome training, results, the resources, and the lifestyle. If the company has those 6 things, your business will be real easy.You have to do your homework on these Marketing Companies if you want to be successful. Check out the better business bureau to see if the company has any unresolved complaints. Google the owners of the company to get a sense of who is heading the company. See if the company will offer a refund after reviewing the business model. If not keep searching. This company should be interested in making you successful because if you’re successful, they’re successful.Now that you have the information on what it takes to have an easy home base business, what is needed to find a Marketing Company that’s effective, and what to look for when you chose one. Let me share one with you that is real effective. To get all the information on this Marketing Company click the link below.

Online Home Based Business – Mom and Pop Store Or a Franchise?

You have a dream of owning your own business, but you don’t know where to start, should you look at an online home based business, mom and pop store or a franchise opportunity.To start a mom and pop business you would look at your home town and do some research on the variety of business already established, any skills you have, how much capital you will need to invest into the business, leasing of premises, employing staff and a whole lot of other important incidentals to consider, or you can choose an online home based business.A franchise business has already done all the research, has an established brand name, can obtain excellent discounting on purchasing of supplies, group training of staff, back up from the parent company, and many other advantages that make it an attractive option to a budding entrepreneur.Although the franchise option may appear to be a viable opportunity one has to take into consideration some of the down slide of buying into a franchise.The first and the biggest hurdle when considering a franchise is the initial outlay, this is usually a large sum of money to invest. You can expect a return on your investment but that is not a short term option.
It can take several years to recoup the cost your investment.In the mean time you also need to run the business, day to day running expenses, lease of premises, staff salaries, bonuses, incentive bonuses, long working hours, daily commute to work often in rush hour traffic, or to beat the traffic an extra early start. To successfully keep control of staff and the day to day running of the business you need to be in early and leave late.The third option a online home based business, this offers tremendous advantages over franchise and mom and pop stores, an online home based business does not require any large investment of capital. Frustrations of commuting, dealing with disgruntled staff, irate customers, long hard hours, worries of being able to pay your bills on time are all eliminated; therefore a online home based business can offer the following advantages:- Stress free working condition
- Flexible working hours.
- More time for your family.
- No outlay of capital or a small investment which can easily be recouped.
- Opportunities to expand and grow to heights undreamed of.

Looking For a Home Based Business? 5 Questions You Must Ask

When looking for a Home Based Business there are 5 very important questions you must ask.They are:Question #1: What is the product or service being sold?If you cannot clearly identify a specific product or service being offered for sale through the Home Based Business, it may be a Pyramid Scheme or a similar type of Scam.Here’s the reasoning behind it:If there’s no product or service being offered to the public for sale, how can the company promoting the Home Based Business generate a profit? Where’s the money coming from to pay you a commission or a bonus?If they’re not making a profit from sale to the end consumer then they’ve got to generate that income from you and other members like you just recruiting other people who are usually asked to pay some outrageous Application/ Registration Fee, even if they call it by a fancy name.This is nothing more than a Pyramid Scheme and NOT a legitimate Home-Based Business. A popular example is Gifting Programs, there are no Goods or Services being sold, it’s just people exchanging money with other people. Sooner or later somebody is bound to get hurt!Question #2: How stable is the company?Why is this important?Well suppose you found what seemed like a really great company and started building a Home-Based Business with them only to find out 2 to 3 years later that the FTC swooped down on them for illegal practices and shut them down for good?This actually happened with one company I was working with many years ago.People became millionaires with this company in a matter of months. It was the fastest money I’d ever made in Network Marketing up to that time, but within months of joining the company it all came crashing down because of problems with the structure of the company and certain practices that displeased the FTC.I learnt my lesson.In checking out the company you’ll want to find out how long they’ve been in business and where their headquarters is located. You’ll want to ask about any other Companies they’re affiliated with, like their Parent Company, Sister Companies or Subsidiaries if there are any.There’s an old adage that goes; “Show me your friends and I’ll show you who you are.”That applies here.You can tell something about a company by the company it keeps (pun intended).In looking at how long a Company’s been in business be careful not to throw away the good with the bad, for instance, a particular program might be brand new but the Parent Company backing that program might have been in business for many years, giving it the stability you’re looking for. Look deep and don’t be afraid to check behind the curtains.Question #3: What is the quality of the company’s leadership?Dr John C. Maxwell, international Speaker, Motivator and Best-selling Author says, “Everything rises or falls on leadership.”It has been my experience that a Company usually takes on the characteristics of its leader(s) so, if you want to know what kind of business you’re about to join, look at the leadership.Practically speaking, you’ll also want to check out the business acumen of the person or people in charge because they’re the ones making the decisions that’ll impact the future of the Company – Your Company.Question #4: How good is the compensation plan?I think The O’Jays said it best; Money, money, money, money… monney!!!You’re going in business to make money not to look good in a business suit.And if you have a real Home-Based Business then you won’t be wearing a business suit in the first place, Right?There are so many different types of Compensation Plans; from the sublime to the laughable. There are 2-Ups, 1-Ups, Binaries, Unilevels, 5×7 Expanding Matrices. There are Spillovers, Powerlines, Breakaways and on, and on, and on.Here’s what to focus on:How much is being paid out in commissions?Too little and it’s not worth your time, too much and the company might not retain enough profit to sustain its continued growth and expansion.The experts say about 65% being paid out in commissions is the acceptable norm.Understand the difference between Bonuses and Commissions.Commissions usually form part of your ongoing residual income. Bonuses are usually temporary financial increases, paid on a specific action, performance or fulfilled quota and as such; do not form part of your regular ongoing income. Focus on good commissions as opposed to bonuses!Look for passive, residual income.This is the kind of income wise people seek after. It’s the type of income you keep getting long after you’ve stop working. An author writes a book once and keeps getting royalties from sales years after she stops writing.The Harry Potter Series made J. K. Rowling a billionaire and now here comes Stephanie Meyer and the Twilight Series – Go sisters, go!With a Home based Business the same thing is possible.You can do the work once and keep getting paid forever once you’ve selected a stable Company with good Leadership and the right Compensation Plan with an easily Duplicatable System.Question #5: Is it easily duplicatable?Even if you’ve got everything else going for you that’s mentioned above, if the system CANNOT be easily duplicated it’s not going to work.Your attempt at building a successful Home-Based Business will fail and here’s the reason why:J. Paul Getty said, “I would rather earn 1% of the efforts of 100 people than earn 100% of my own efforts.”This is the axiom upon which Network Marketing, MLM’s and Affiliate Programs are built. Zig Ziglar said it this way, “If you help enough people get what they want, you will get what you want.”Either way you look at it, it’s going to take a team. Teamwork makes the dream work. So, if the system you’re looking at cannot be easily duplicated by the average person who wants to start a Home-based Business how are you going to ever build a successful team?There are over 475,000 people worldwide starting a Home-Based Business every week, 175,000 here in the USA alone. Most of them don’t know how to build a Home Based Business so if your system isn’t user friendly then, most likely, they’ll find another one that is.Keep these tips in mind:We live in the age of Video; this is the YouTube Generation so, if your program makes use of video to help sell the product or explain the benefits that’s a plus.People have become very wary of ‘meetings’; that’s like a four-letter word to most so, if your business presentations can be done online that’s a plus.We also live in the Digital Age; Digital Products are the fastest selling commodity on the Internet right now. If your business is involved with the sale or distribution of Digital Information Products that’s a plus because they’re instantly delivered and can cut overhead expenses by as much as 80% for the Company thus increasing the Profit Margin.This simply means… More money for everyone!There you have it; my 5 top questions you should ask before joining any Home-Based Business.

8 Areas to Look at When Setting a Feasible Rent For Your Rental Property

To give yourself the best chance of getting a fair rent for the rental properties in your rental portfolio I have listed 8 factors to help you achieve the rent you want.When you are renting property you have to ensure that your rents are not unrealistic, and you are setting a fair rent for your rental property.  This means you have to avoid setting a property rental which is either too high or too low!Below you will find 8 areas to consider when deciding on the monthly rental for your property(A) Type of rental propertyWhen you buy your property for rental purposes you will have considered the popularity of this type of property in the rental market for the immediate location and the surrounding district.Do you buy a flat to rent or a house to rent? And how many bedrooms give you the best chance to rent out the property for a decent monthly rental?Remember to consider your budget and your objective of trying to achieve a regular rental income form your tenants. You may be faced with the opportunity to blow all your budget on a 4 bed house or 4 bed flat … consider how easy will this be to rent, and remember when it is empty you will receive NO rent!As an alternative, you may have the chance to buy two flats, each with 2 bedrooms, for the same total price as you were going to pay for your 4 bed property. Bearing in mind your rental income objective, you may be better served by owning 2 properties, and when both are full you will achieve the same rental income as the 4 bedroom property…… so far so good! Now, if one 2 bed flat is empty, your rental income will only be halved, and you will not face a period of having absolutely no monthly rental income!The chances are that a 2 bed property is easier to rent than a 4 bed property, and your empty periods will be a lot less frequent.(B)The appearance of your property.Obviously property appearance inside the property is just as important as the property appearance on the outside.Interior decoration needs to be kept fresh, otherwise the property will quickly look dated and unappealing to potential new tenants. Other factors that influence the interior appearance of the property are the furnishings being left behind for the use of the new tenants.If you have a garden area, it is always the “first impression” for the potential new tenants, so it is a good idea to keep it tidy and weed free.(C)Area your property is locatedThere are so many external factors relating to your property location that can make it a great property to buy.You have to at least consider the following:·         How close is the property to local shops?·         How close is the property to a doctor and local hospitals?·         How close is the property to educational facilities?·         How close is the property to good access and transport links?·         How close is the property to the countryside and wide open spaces?(D) Setting the monthly rental for your rental propertyThere are a variety of methods available to assess a decent, and not an overpriced property rental figure. These methods include the following:

Look through your local papers,
Small newsagents and convenience stores often carry adverts for property,
Use the Internet, and find sites which carry people who are looking to rent and visit regularly.
Speak to local estate agents.
Always be on the look for properties like yours that are being rented and what rent they are charging.
(E) Ask yourself if your rental expectation is in line with the marketIf your property is empty, and no inquiries are coming in you are either not advertising it well enough, your monthly rental figure is too high. or both!Check the market in the area you have your property, and see what other companies and / or landlords are charging for their vacant properties, and how long are they staying vacant?If you are in the position of taking lots of inquiries, you may have set your rent too low, but you are presented with people who are looking, which is far better than your phone not ringing!Many inquiries gives you the chance to pick and choose the most suitable tenant, whilst keeping the names of other enquirers for your future rental properties! (F) If your property is still emptySometimes a property remains empty for a considerable time, and it will be a drain on your finances. In order that you fill it, you could :·         Reduce the monthly rental figure.·         Offer to half the deposit required, or even suggest no deposit required. If you do start to reduce the deposit you are putting yourself at risk if a tenant moves into the property and damages the property. Normally the cost of damages comes out of the deposit money, however, if your deposit is less, or even non existent you will have a problem. Therefore, do not take this route unless you have no other alternatives. (G) Yearly Renal IncreasesOnce your tenant is in your property, it is quite usual to apply an annual increase in your monthly rental figure. Your tenant will not be surprised by this as it should be written into the lease contract. (H) Is this a place I would live?Before you buy any property for your rental portfolio, you have to visit it and ask yourself if you would be prepared to live in the property and in the surrounding area. This is a good test to gauge the suitability of the property for your rental portfolio.

Nuances Of Property Management Applications That Are Compatible With QuickBooks

Without using computers, hardly any business can sustain and grow nowadays. This is applicable for real estate sector as well. Both realtors and landlords resort to various applications to manage aspects of their businesses. When you select such software to manage nuances of your property renting or selling business, a few aspects need to be checked carefully. Ease of use, up gradation and scalability are important factors in this context. However, you also need to look into accounting features present in such an app.

Importance of QuickBooks Integration in Real Estate Management Apps

When you use an application to rent or sell property, managing financial aspects become mandatory. You have to keep track of aspects like pending rents, booking amount for a property, invoice generation for tenants and so on. Quickbooks is feature laden financial management software that can fulfill such needs with ease. The benefit of this app is that it integrates with a number of real estate software. So, when you buy a property management application, ensure it is compatible with Quickbooks.

Types of property management software supporting QuickBooks

You can use various types of rental or real estate property apps that support Quickbooks.

Standalone apps used to be a favorite with landlords and realtors. Many realtors are still using such packages. While they are useful for small sized organizations, they are not very cost effective in long run.

Of late, popularity of cloud based rental software has gone up significantly. These apps do not need to be installed on individual PCs like traditional apps. You can use them from computers and handheld devices as long as there is browser and web connectivity options. They need users to create profiles online and register before using. These online apps can import data from QuickBooks and export to it. They also have online payment and tracking system embedded.

Aspects to check when buying QuickBooks compatible property apps

Help and resource material is a prerequisite when you buy rental management or real estate apps that support QuickBooks. This can be necessary especially if your company is going to use property management apps for the first time or opting for QuickBooks Integration.

Printed/Physical Resource

Generally, standalone properly management software sellers offer CDS, or printed material to offers help documentation and resource to customers. These resources are handy for training employees in your company about nuances of both the app and QuickBooks. While such resources are useful, the drawback is that over prolonged use, they may get worn out. The possibility of losing them is also there.

Online Resource

Companies that make web based and QuickBooks compatible property management apps offer the help documentation and support material in web formats. While some of them offer HTML based documentation, there are others that offer PDF documents that can be downloaded and printed by users. However, there are some companies that offer video based tutorials and user guides. A big advantage of web based training material is that you can access them anytime and the risk of loss or damage does not exist.

How Advanced Advertising Through Digital Television Is Helping Broadcasters Towards Greater Revenue

Advertisement revenue has long been the life blood of independent broadcasting companies. However, advances in television technology, most specifically the arrival of interactive television, has meant the number of ways in which broadcasters can generate advertising revenue has increased, giving birth to advanced advertising methods. It has also meant that television, as a mode of advertisement, has been rejuvenated.

Interactive television has been the most important development in broadcasting, but it has meant a greater range of advertising methods. Advertising has evolved thanks to the evolution of technology, with content targeted advertising, for example, now allowing advertisers to reach only those who are truly in the market.

And, while ad insertion techniques allowed mass advertising to relevant audiences, such as products to local markets rather than a national spread, the development of dynamic ad insertion has brought further possibility through flexibility in advertisement broadcasting.

Advanced technology has meant that advertising has become advanced also, with interactive capabilities on digital transmissions allowing viewers to choose, not only the programmes they want to watch, but also the advertisements to view. This freedom of choice arrived initially when the ability to skip advertisements was introduced, a feature that effectively replaced the desire to leave the room during ad breaks. This lack of love for the television advert has long been known by the industry, as has the knowledge that the effectiveness of a television ad was low.

Returns on an investment in a traditional television advertisement campaign are low because the message is sent to everyone watching, a large proportion of which are simply not in the market. For example, if 2 million people are watching the Monday night film, only a tiny percentage of those are likely to be thinking about buying a new car. And, of that number, only a small percentage would be in the market to by a Lexus car. Therefore, Lexus can expect a low return on their television ad.

However, thanks to targeted advertising on digital television services it is now possible for only those interested in a Lexus to choose to view the advertisement. Of course, the advertisement itself must still be created for a considerable cost, but the chances of a better return are significantly increased. This is because the ad is targeted at specific viewers, with viewers of a programme on the history of the motor car likely to be watched by people who have an interest in motor cars.

By targeting this programme, there is a greater likelihood that viewers will be interested in buying a new car with advanced features, perhaps even a Lexus. Now, instead of a tiny percentage of 2 million viewers, a significant percentage of 2,000 viewers who have chosen to look at the advertisement will actually purchase or, at least, consider and enquire about purchasing the car.

Ad insertion brings the advantage a step further, with viewers able to delve into further information through the digital capabilities of the set top box. Windows of information can be brought up, providing details on sales promotions in certain areas or regions, specifics of the particular Lexus shown in the advertisement, or even the full range of Lexus cars and their prices.

In essence, the viewer can access a complete brochure through the digital platform. It is also possible for viewers to look at what other car manufacturers have to offer, with advertisements associated with the core topic the priority.

Of course, the dynamic element of this advertising method means that there is an near endless list of advertisers for broadcasters to sell ad space to. The sense of ad space has changed from time to server presence, so instead of three car ads using up 90 seconds of broadcast time, seven times as many can be available to access at any time by viewers.

The Finer Points of Internet Auctions


Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.

The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.

The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.

The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.


The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.

There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.

Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.


Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.

The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.

The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.

The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.


Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.

Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.

Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.


New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.

There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.

It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.

How to Find Great Live Auctions for Resale Items

Hi, my name is Walt. I’m an auctioneer with 25 years of experience in the auction business and licensed in the state of MA. I own Quick Auction Service, a company that specializes in building and running custom auctions, I’m also the webmaster of my own site and have been on eBay for 8 years. Besides eBay, the types of auctions I run most frequently are antiques and on-site estate auctions, although I’ve run everything from business overstock auctions to charity & special event auctions.

I enjoy sharing my knowledge and stories of the auction business. My goal for article is to help folks get the absolute most out of their auction experience.

Whether your fresh out of the package or a seasoned dealer I think I can offer something in this article to help you with your auciton adventures.

There may be as many reasons to attend auctions as there are types of auctions to attend. Maybe you want to attend an auction to buy items for re-sale on eBay, or some other market. Maybe you want to furnish your home with wonderful antiques, or you want to furnish your home as inexpensively without sacrificing quality.Some folks are just looking for a fun night out. With a little perseverance all these things are possible.

There are antiques and estate auctions, auto auctions, overstock auctions, absolute and no reserve auctions, real estate auctions, specialty auctions where only one genre of items are sold, tailgate auctions, live auctions, online auctions, sealed bid auctions, silent auctions, charity and fund raising auctions and many more.

Can you really buy for pennies on the dollar at an auction? You bet! Many times I’ve seen folks buy and re-sell at the same auction on the same night for a good profit, although be advised, this should only be done after the auction is over.

There are a lot of ways to find an auction, but here are some tips on how to find and attend the best ones.

Visit the genre of shops in the area that apply to the type of auction you want to attend. IE: If your looking for a good antique auction to attend, stop in the local antiques shops and ask for what there are for good auctions in the area. Sounds obvious right? But listen to what they don’t say as well as what they do say. Oftentimes when a dealer speaks poorly about an auction he or she attends, it may be likely that they are trying to keep a good thing secret. Think for a moment, why would a dealer keep attending a lousy auction?

Newspaper ads: I personally like to find ads in the classified ad section rather than flashy display ads. Flashy ads are usually indicative of an auction that will be high priced, may have reserves, (a set price on an item), and usually an enormous crowd. While any auction can be profitable to attend, it is usually best to steer clear of the glitzy ones, at least for the beginner.

Here’s the minimum you want to find out before you go. If there is a phone number in the ad, call and ask for the terms of the sale. What forms of payment do they accept? Is it an absolute auction? An absolute auction is one that has no minimum or reserve bids on items. These are the best auctions to attend! Is there a buyers premium? A buyers premium is like a tax that everyone who makes purchases at that auction must pay above the winning bid price. Most auctions these days do charge a buyers premium, 10% is not unreasonable but I feel much more than that is greedy, and the auctioneer that charges over 10% is counting on most bidders not doing the extra math as the bids quicken in pace.

A fair auction will have ample time to inspect the merchandise, usually at least 2 or 3 hours. Find out when inspection starts and make sure to attend! Never attend an auction if you can’t make the inspection, not unless your prepared to gamble. Most auctioneers sell at a rate of about 100 items per hour, which is why they sell “as is”. They simply don’t have the time to give a detailed description of all the items. Since almost all items at auction are sold AS IS, there are sure to be some damaged, refinished, fake and incomplete items at any given auction. Beware of any auctions that offer very little or no inspection time.

Good auctions will usually have 150 to 400 lots. A lot may be one item or a group of items. The exception to this are specialty auctions, auto auctions, real estate auctions etc.

When you attend your first sale, take note of the 1/2 dozen or so dealers that buy the most often. See if you can find out about other area auctions they attend.

When you do find an excellent auction, attend it as often as possible. By frequenting good sales, you help increase the bottom line of that business. It’s difficult for many auctioneers to keep the quality of merchandise consistent, so good attendance certainly helps. And when an auctioneer gets to know you as a buyer, he/she will go out of the way to accommodate you, to keep you coming back.