Online Education Brings Benefits to the Schools & the Students

There is no secret that online education is growing in a sharp trend as more and more students opt for this education option to pursue a degree online. The advantages of online education not only benefits the students, but also the schools that make their courses available for online students. For students, it offers freedom and convenient learning environment. For the schools, it offers more profit opportunities. By setting up online classes, the school is able to enroll more, and teach less. It is a win-win education option for both the schools and the students.

Most students don’t like to be watched and pushed at the back by their lecturers. They want the freedom to learn based on their schedule and at where they like. Online education learning setting meets the dreamed study environment of these students. Most education programs offered to online students enables the students to plan their own study schedule. They can choose to logon to the online classes whenever they like to get the learning materials, upload their completed assignments and participate into the online discussion forums.

Despite the freedom provided to the students, the online courses are structured so that the students must follow a learning path to get their courses completed and they must interact with other students. Usually, they will be asked to read and give responses to other student’s postings. Indirectly, the students will learn from each other by sharing their opinions in the discussion forum. It is impossible to have every student to interact with each other in a pure classroom setting. This is the advantage of online education that benefits the students to learn from each other.

In the traditional classroom setting, the schools have limitation to support as many students as their facilities allowed. If they want to enroll more students, they will need to invest money to install more facilities. A better way for a school to expand their teaching capability is by enabling online education. An online class size may be set as big as 50 students, which will need only one teacher to mange it. So, the schools can enroll more students with similar teaching power in the classroom setting.

While the schools able to offer more courses in online education without the limitation of their schools’ physical facilities, the students enjoy the benefits of being online students to pursue their favorite education program without the need to consider the geography limitation. As long as the school that offers online courses accepts International students, the students are able to enroll into the program regardless where they are. Students from all around the globe can reach the online classes with the same number of mouse clicks. Similarly, the schools are able to accept more students from all over the world for more profits.


The advantages of online education that benefit all parties make it a preferred option for many students to pursue their education online. The demand of online education drives the schools toward offering more courses in virtual world. It is a recipe of success for both the schools and the students.

Home Based Business – What Are the Benefits?

Are you in the right job for you? Do you enjoy going to work? What about on the Friday, are you still as keen? Or do you tend to check your watch every minute after lunch time hanging for the day to finish.

Maybe a day to day job is not right for you.

I understand that with pressures of family and other commitments, that is isn’t that easy just to pack up and leave a job. I wouldn’t recommend quitting your job and starting a home based business anyway, because depending on the business, it could take some time for you to actually make an income from it. Regular income is a big plus, but why settle for something that you are not 100% happy with? What is stopping you from looking at what else is out there?

So with a home based business, what are the benefits?

1. The best thing about a home based business is that it can be flexible. You can do it in your own time. (In your pyjamas if you really want).

2. With the internet at hand, you can potentially do everything from home! From price comparisons, to ordering, to delivering items, to calling, e-mailing, even to Skype (a free telephone service available all over the world).

3. One huge advantage is, that you could even work on it when you’re not home. Work overseas, or even when you are on holidays.

4. Most home based businesses create a passive income, so the income you can make is unlimited. No more ‘waiting for that big promotion’. You create your own success. If you are focused on achieving your goal in the business, you can make it happen.

5. Once your business is up and running, and making you the money you require, you can then chose to quit your day job, and concentrate solely on your home based business. If you are a stay at home parent, or don’t have a job yourself, but can cover costs with some other source of income for a while, you can also build quite a substantial business if you put your mind to it.

So, if you are willing to step out of your comfort zone; the regular pay cheque that comes with a day to day job, and are open to the idea that you can be so much more than you are now, then maybe you should take the step to start your own home based business.

What’s the Right Business Model For Your Home Based Business?

If you were going to your bank manager for a loan to start your own business you would be expected to have a business plan and a model for how your business will operate.This business model would explain the business you are in, who you expect to get as your customers, how you will market to the potential customer and would also demonstrate the expected returns from a given marketing expenditure in sales and profit. Can your home based business meet the “acid test” of being a real business? Most people starting a home based business don’t have a business plan and cannot demonstrate with real results how it can be a real, profitable business. You need to know the conversion rates you are getting (updated in real time) for every dollar you spend on advertising and then you can easily work out if your marketing campaigns are profitable or not based on hard market data.For example, I know what I will earn on nine (9) different income streams all coming from the one main marketing campaign I have set up. For example, I know (at the time of writing this article) that I get a 4% conversion of visitors to my site into prospects for my business. I also know the conversions for visitors purchasing the primary products on my site, so for example I know that fully one-third of those who purchase my most popular product will upgrade to the “premium” version.When you are selecting a company to work with you need to ask questions of your potential sponsor. Don’t be afraid to quiz him or her about how the business works, how you can track your marketing results and be able to gauge how your marketing campaigns are succeeding – or not.Starting your business is serious business! Treat it seriously and don’t act as though it’s a side hobby or you’ll get hobby income.

Find a Legitimate Home Based Business

The inclusion of the word legitimate in the title to this article is an interesting point of discussion.When someone is trying to find a legitimate home based business what are they really looking for?Without looking it up (I’m far too lazy to do that) the word legitimate stems, I think, from being born in wedlock. In the old days if you were born to married parents you were considered legitimate, otherwise you were a bastard!The word has since evolved to attaching legality to the meaning.On this basis a legitimate home based business could be anything that is legal.But is this with we are after when we try to find a legitimate home based business?My thoughts are that people really mean something like:”Is this a real business that I, with my skills, can do? Or if I don’t have the skills can I learn them easily enough? Or is this a business that is going to suck me in and result in me losing my shirt?”As Hamlet might have said:”To plunge, or not to plunge: that is the question: Whether ’tis nobler in the mind to suffer The slings and arrows of outrageous slavery, Or to start a business against all odds, And by so doing end poverty?……… To work: perchance to make money: ay, there’s the rub;”(With apologies to William!)If you are out to find a legitimate home based business the best advice is to do your homework. And do it thoroughly – do not take any short cuts.One of the most overlooked aspects of research is market feedback. So often a business is started with a product and then the market is asked to comment. This is the wrong way around.It is more advisable to find the market, find out what they want and then supply it to them.You may love pies but that does not mean everyone in the village will buy from your pie shop! I for one never watch or read adverts but I’m told they work.Look for a unique point of difference or niche; consider seasons and phases, current events and annual occurrences. Don’t just follow the crowd. Swimming against the stream can be tough but is often the most rewarding.Fill a gap (that pie shop may be a good idea after all!)Start with an open mind and don’t make any judgments until you have all the facts.Please do not rush into anything; the opportunity of a life time comes up at least twice a week!It’s not that difficult to find a legitimate home based business that suits you, remember the idea is to find something that will make you enough money to sustain a life style you want and are comfortable with.

Home Based Business Health – Start a Home Based Business and Become Healthier

Many home based businesses, especially in the Network Marketing arena, are centered on health products. If you have been around our industry, you know that the wellness industry is going to be the next trillion-dollar industry. However, this article is not about home based businesses that are centered on health products. This article is about improving your health through opening a home based business. Here are a couple of reasons why -1. Starting a Business Causes Hope – Starting a new home based business can be equated to having a baby. The whole reason to start a business is to have a better future. Once you start the business and, you can visualize the future. Hope and will undoubtedly improve your health.2. Accountability – In your home based business, you are 100% accountable for your results. This may be good news or bad news for some, but the fact that you are breathing life into your business every day will give you the opportunity to live a life with more vitality. This can definitely improve your health.3. Time Freedom afforded by a home based business gives you the chance to do healthier things – When your schedule is dictated by somebody else, it is much more difficult to make choices for yourself that are healthy. Their schedule dictates when you exercise and when you eat. Sometimes, they may even be able to dictate what you eat. When you have a home based business, you are the one who completely dictates what you eat.4. The education around the business is revolutionary – The education around the business is revolutionary which means you will be learning new things. Education and learning can definitely breathe health into your business and into your life.If you want to bring more health to your life, start a home based business or revitalize the one you already have.

When Should You Buy Foreclosed Properties?

There are quite a few potential advantages to purchasing foreclosed property, namely buying property at lower than market value and being able to move in more quickly to name just two. The trick comes in figuring out the best time to make that real estate purchase. We’ll look at the advantages and drawbacks of buying properties at different stages in the process so that you can make an educated decision.The Pre-Foreclosure StageEarly on in the foreclosure process, you’ll be working together with the current owners of the property to come to an agreement that will allow you to take ownership of the property. There are a number of pluses to making your purchase at this point:Purchase agreements that are negotiable – Instead of having to deal with real estate agents and others who are concerned about their commissions, you will be negotiating directly with the property owners. This means you have much more flexibility regarding the agreement.
Reduced purchase price – Because of the bad situation in which the prior owners have found themselves, you may be able to buy the property for much less than it is worth. Prices that are significantly below property’s market value are normal at this point because the owner usually just wants to get out from under the debt on the property quickly and is less concerned with making a profit on the property.
Lower Down Payments- Often, lenders ask for a 10% down payment on non-foreclosure properties. By purchasing a property during pre-foreclosure, this can be reduced dramatically. Sometimes you can even buy with no money down, depending on how quickly the owner wants to get rid of the property and the debt.
Faster Closing Times – Because the property owner is probably eager to get rid of the balance due and to move on, you can often complete the entire deal much quicker than you would with conventional property purchases.Although the list of advantages is impressive, there are a few potential downsides you should keep in mind before buying at the pre-foreclosure stage.Homework, Part 1: What is owed? – When you buy the home, you are going to be taking on all of the debt connected with that property, so you need to make sure that you know what you are signing up for. A case in point would be that if the prior owner has taken out a second mortgage or if the house is being used as security for another debt that has not yet been paid, you may end up owing additional money.
Homework, Part 2: Finding a home – The biggest challenge can simply be finding a pre-foreclosure home that you want. Legally, the lender must submit a Notice of Election and Demand (NED) into the public record before foreclosing on a home. You can sometimes find these NED’s on lenders’ websites or by checking the public record section of your local newspaper. You can also go to your courthouse and search for the records by hand, but this is extremely time-consuming and usually not very fruitful.
Homework, Part 3: Coming to an Agreement – Sometimes dealing directly with home owners can be easier, but sometimes reaching an agreement may be difficult. Make sure the property owner is serious about selling the property and willing to negotiate. Otherwise, it is not going to be worth your time and money.The Foreclosure Auction StageWhen a property gets to this point, the bank has already foreclosed on the mortgage and owns the property, and the time for bargaining with the owner is over. Auctions are one of the most usual ways for potential buyers to locate properties, usually because of the following advantages:Auctions are Easy to Locate – Unlike pre-foreclosure properties, auctions involving foreclosed property are pretty simple to find. They are often advertised online, in newspapers, and sometimes even on television. You can also get in touch with some lenders to find out when and where auctions will be held.
There are No Guilt Feelings – Sometimes, buyers of pre-foreclosure properties may feel guilty about profiting from the owner’s hard times. This can be intensified because they sometimes get to know the old owners through the negotiations. The auction is completely impersonal, which ensures this will not be a problem.
Bargain Prices – It costs lenders money to own these properties, so they usually do not want to hold on to them. However, only in about 1/5 of auctions does the property actually change hands. Lenders can be desperate to make back their loses and get rid of the property, they can sometimes be open to very low bids.Just as with pre-foreclosed homes, though the potential for savings is great, there are also some potential dangers and problems with purchasing during the foreclosure auction stage.Competition with Other Buyers – Foreclosure auctions can draw larger crowds, and you may find yourself bidding against other people who want the same thing. This means you may either pay more for the property or not acquire it at all.
Limited Chance to Research – Usually, when you bid on a home at a foreclosure auction you are bidding without ever inspecting the property. This can be hazardous because the property may look great from the outside but there may be problems that are hard to spot, like termites, mold, an old heating or cooling system that needs replacing, etc. which can cost you lots of money.
Spinning Your Wheels – Nearly half of all scheduled foreclosure auctions end up being canceled or delayed because the owners are trying everything they can to keep their home. If you have a long drive or flight to the auction or taking time off from work to attend, these cancellations can cost you time and money. To prevent such problems, you should always call beforehand to make sure the auction is going to be held as scheduled.
Miscellaneous Issues – The auction winner can sometimes liable for additional costs, including the money the lender paid to advertise the auctioned property. Also, there is the possibility that the original owner has not vacated the property, the auction winner may need to go through the hassle of having them evicted. This can be a time-consuming, aggravating, and expensive process.The REO (Real Estate Owned) StageAs mentioned, only about 20 percent of foreclosed properties are sold at auction, so the lender is often left with the property. At this point, they will usually perform necessary repairs on the property, pay any taxes owed, and do anything they can to make the property more appealing, then the house will go on the market.Plentiful – With recent changes in the housing market, foreclosures are growing in number. This means you can often find REO properties fairly easily. For example, in one Midwestern county at only one listing agency, about 125 REO properties were for sale.
Easy to Locate – REO properties are advertised just like any other homes being sold through realtors. The advertising won’t always specify that the property was a foreclosure, but sometimes it does.
Money for Repairs – The lender wants to earn back as much money as possible, so they will often cover the costs of repairs necessary to make the home more desirable. If they will not, they will sometimes discount the price so the buyer can handle the costs of those repairs.
Lower Risk – Since the home is owned by the lender and all other liens have been extinguished, you do not have to worry about discovering that you have to pay more money in order to do anything with the property.Although this option does provide the lowest risk when you are buying foreclosure property, there are still some disadvantages.Similar to Buying Conventional Property – Many of the benefits of buying a foreclosed home, including lower down payments and more flexible contracts, are not applicable at this stage. You will be dealing with both a lender and a realtor so the process will be more like purchasing a traditional property.
Less Profit Margin – When lenders reach this point, they are less likely to let the property go for next to nothing, so the amazing deals are usually not available during this stage. At best, you might pay 15% lower than market value.It really is up to you to figure out what is most important to you in buying a foreclosed property. If you want a combination of a low price, average risk, and a flexible arrangement, and are willing to put in more work, you find the pre-foreclosure stage to your taste. If you are not averse to taking a higher risk, you might save more money by taking your chances at a foreclosure auction. If you just want to save a little bit of money but don’t want to risk a loss, you may be best served by waiting to buy an REO home.

How To Tell If Your Personal Finances Are Out Of Control

Struggling under a mountain of debt is no fun, but it is a way of life for many who do not keep their personal finances in balance. Some people ignore warning signs that they really need to regain control of their finances until it is too late. Here are some quick ways to tell if you are in danger of being buried by debt, along with some tips on how to take charge of your money problems.

Have you ever taken a cash advance on one credit card in order to make the minimum monthly payment on another card? This means that your debt load is way too high, and you need to find a way to bring it down fast and restore order to your personal finances. Do whatever is required, whether it is taking a part time job or just limiting spending to bare essentials until your financial picture improves. Commit to paying off the cards with the highest interest rates first, if possible, and the ones with the lowest balances if it is not. Set a specific time limit, such as six months, to reach your goal, and follow through on your commitment to control your finances. And do not add any new charges unless it is literally a matter of life and death.

Have you ever taken a cash advance on a credit card to make a bank deposit so that a check won’t bounce? This is similar to using one card to pay another, only worse. This means your finances are so out of control that it is critical you find a solution. Perhaps you have not been reconciling your checking account regularly. If not, start immediately. If returned checks are a problem, start using cash to pay for living expenses until you can regain control over your personal finances. Make all of your regular payments, and then take whatever is left in cash. Divide it up according to how long it has to last and place it in envelopes which are labeled with the purpose, such as lunches or groceries. Pay for purchases out of the appropriate envelope. Some people like this method so well that they continue to use it long after they have resolved any issues with their personal finances.

Do you have to check the available balance on your credit card before you can go to the grocery store? Using credit cards for living expenses is fine for your personal finances if you want the convenience and can pay off the balance each month. However, many people who are struggling with their personal finances frequently charge things like groceries and gasoline, and then make only the minimum payments. This is one of the worst mistakes you can make when it comes to your personal finances. You are increasing your debt load for items that are long gone before you even receive your statement, much less pay the bill.

Is it a struggle to just pay the minimum amounts due on your credit cards each month? This is creating a personal finance scenario where you will probably never be out of debt. Stop using your cards until you have reduced your balances and regained control over your personal finances, or find a way to earn extra income and dedicate those earnings to paying off your debt more quickly.

Some of you may have found the personal finance scenarios described humorous. Sadly, these are actually circumstances that happen more often than many want to admit. As a nation, we have never been more deeply in debt nor maintained so little control of our personal finances. But the good news is that you can remedy your situation with your personal finances and debt. It won’t happen overnight, but if you are willing to work at it, you can regain control over your personal finances and eliminate your burden of debt.

Cell Phone Vs Internet Advertising

Mobile advertising is more commonly known as cell phone advertising. It is the process of using a mobile device in order to advertise a product or service across many other mobile devices throughout the world. It is the latest craze in advertising and anyone with a cell phone and and something to sell can partake in it. When people think of advertising, they think of the conventional methods that rich companies use like commercials or radio ads. However, thanks to the internet, newer and more expansive advertising methods are being used at this very moment. Cell phone advertising is just one of the many possibilities.

Cell Phone vs Internet Advertising

The real question is why is cell phone advertising such a big deal? Even though everyone can use it, everyone can use other advertising sources throughout the internet that may be much cheaper. Social Networks like Facebook, Twitter, and MySpace were thought of as giants when it came to advertising for the normal person. In many cases, they still are, but many have not found success. The reason for cell phone advertising success is because people have cell phones with them at all times.

The difference between mobile phone advertising and normal internet advertising is that people don’t always have their computers with them. Sure, people bring laptops with them everywhere, but they aren’t always on them. A phone is with most everyone at all times, and some allow internet access themselves. Beyond all of that, some advertisers see cell phones as just another platform to get the word out to show what they provide to the public.

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.