There are 3 big auction sites online with really 1 winner. Ebay, Yahoo and Ubid have all been around the longest and done the best in the online auction business. Ebay, though, has thwarted all competition (up until now) and remained king of the online auctions. Online auctions are a great way to bid on products from around the world including cars, electronics, boats, trucks, real estate, home audio, horses, jewelry, and the list goes on forever. You name it, you can go to any auction site and find it. Auction services usually take a % of the final sale and that is no different with the online players like Ebay. That's how they make a living by taking a small % of each auction. The seller of an auction can determine the price they want to sell their goods for and the buyer must bid on that item. Yahoo Auctions tried to complete with Ebay but failed miserably and has never really tried it again. Yahoo just couldn't offer the same variety and marketplace that Ebay is capable of.
Ebay Auctions for Sellers and Buyers:
If you've never been to Ebay, you need to at least go and see all the items they offer for auction on their site. On an average day, there are millions of items listed on eBay. People come to eBay to buy and sell items in thousands of categories from collectibles like trading cards, antiques, dolls, and housewares to practical items like used cars, clothing, books and CDs, and electronics. Buyers have the option to purchase items in an auction-style format or items can be purchased at a fixed price through a feature called Buy It Now. People from all over the world buy and sell on eBay. You will need to setup an online profile in order to sell or buy on the ebay auction site. Ebay is a great place to sell all your stuff when you clean out your closets, attics or garages around moving time. Get rid of the clutter and make money doing it. Usually sellers will take pictures of their goods and place them online with the auction. It helps the buyers weed out the quality from the junk. After a certain amount of auctions have taken place through your profile (either as a seller or buyer), you get user feedback and an online rating for your services.
Government Car Auctions:
The government has a large auction website as well at Governmentauctions.org. The site shows registered users a multitude of sources where they can profit, or otherwise get great deals at Government & Police Auctions. These include Federal, State and Local auctions of every type of Surplus, Seized, and Abandoned property you could imagine. And the Federal, State, and Local Governments and Police in the U.S. and Canada are generally willing to sell it all for whatever they can get. By becoming a purchaser at these auctions, you can save money when you buy a house, car, or boat.
What is a silent auction?:
Silent auctions are often used in charity events. In this type of auction, items are displayed and bidders can write a bid on a piece of paper located near the item. They may or may not know what the other people are bidding, which closes after a pre-set period of time. The highest bidder pays the price submitted.
Do you have a quality site or product that belongs in this guide? We are always happy to evaluate or review new products and websites. Feel free to contact us at the email address below and let us know about you. If you have a demo product you'd like us to look at, please contact us before sending anything. Thank you.