Five Tips for Selling at Live Auctions

Ah, the old-fashioned country auction! The idea of a country auction conjures up certain images for people. The image of a fast-talking auctioneer offering up an antique table or chair is a popular example.

People who are buying household goods or collectibles are looking to get their items at the lowest price possible. However, the people who are selling their items at auction are hoping for the highest price!

Unless a person is in the business of buying and selling antiques or other items, not a lot of thought goes into how goods are prepared for sale via the auction process. However, if you are one of the growing number of people using auction venues to sell your collectibles or other inventory, there are a few things to learn first about how to sell at auction before you bring a truckload of stuff over to the next event.

Tip 1: Make sure the things you want to sell are a good “fit” for the auction house you’ll be using.

Never bring a load to an auction house without actually having been to one of the previous auctions. It’s important to get a feel for the type of goods that the house sells. For example, at one very rural country auction it was common for the owners to sell live chickens, pots and pans, car parts, and farm equipment.

After close investigation, this would not be the right venue for selling your daughter’s “Hello Kitty” collection. On the other hand, the spare John Deere parts that you bought at last week’s yard sale might be just the right thing for the buying crowd at this auction.

Tip 2: Be sure you clearly understand the terms and policies of the auction house.

Visit with the auctioneer ahead of time. Call to find out what the best days and times are to visit. One of the worst possible times to drop in for an informational visit with an auctioneer is the day of the auction. Call ahead and ask. While you’re at it, find out what are the best days and times to drop your stuff off.

Once you have a little time with the auctioneer, you’ll be able to find out what type of commission he or she takes from consigners (which is you), and what type of paperwork might be needed. Some auction houses send out Form 1099 tax forms at the end of the year. An auctioneer may need to see your identification and have you fill out a W-9. Be prepared.

Find out what happens to your items if they don’t sell. For example, some auctioneers may have a minimum starting bid. If, for some reason, one of your items does not sell, it may be grouped with another one of your pieces. Know the auctioneer’s strategy beforehand so that you aren’t surprised on pay day.

Tip 3: Make sure the auctioneer knows what you’re selling.

It might be perfectly obvious to you that the signed print you are consigning is a rare and valuable piece of art. However, the auctioneer may not know this particular artist. Make a note of anything particularly special about your items, and leave the note with the piece. Be sure to tell the auctioneer about it as well. He or she might determine that this is something to highlight on the company website or in the newspaper listing.

Tip 4: Present your items neatly.

No one likes to have to dig through a box full of grimy and greasy car parts to see what treasures might be in there. Separate the parts and lay them out on a flat, or use more than one box to de-clutter the lot.

There is no need to buy fancy display boxes. It’s easy enough to go to the local convenience store or supermarket and ask if you can have the emptied boxes or flats that they are discarding.

While it’s good to present clean items, take care not to ruin the value of anything by over cleaning. For example, if you find some old cast iron cookware, clean the obvious dirt and grime, but don’t scrub it to its original finish. For many people, this ruins the value of the item. So, clean and tidy and organized is the key here.

Tip 5: Don’t complain to the auctioneer if your stuff doesn’t sell for as much as you’d like.

The phrase to remember here is, “You win some; you lose some.” That’s just the way it is. There are some days where an auction house is loaded with people who all seem to want what you’re selling. There will be other days where the crowd is sparse, and the bidding is simply not competitive.

Remember that it’s in the auctioneer’s best interest to sell your things for the highest possible hammer price. But sometimes, it’s just not going to be a stellar sale. The auctioneer is only human, and is also disappointed if a sale doesn’t go as well as planned.

If you notice that every time you bring a bunch of goods to sell that you’re not realizing as much as you think you honestly should, try another auction venue and compare apples to apples. That is, bring the same types of items to the new auctioneer and compare the results.

Unless the auctioneer is particularly disagreeable or inconsiderate to you or buyers, there is no reason to confront him or her about a sale. If you find you just don’t care for an auctioneer’s style or methods, find another one. Believe me, there are plenty of them out there!

The primary thing to remember as you learn how to sell at auction is that the business is unpredictable at best. You will have good days, some not-so-good days, some great days. The more you sell, the more experience you will gain, and the more enjoyable the business will be.

Piggyback Credit Lines: All That You Wanted to Know About Piggybacking

For quite a long time, parents have helped their young kids piggybacking of their credit cards to initiate a credit life while it has been quite a common practice that spouses used to piggyback each other enabling them to buy a luxurious apartment or high-cost car etc. in fact, piggyback credit lines, in industry term ‘tradelines’ refers to adding somebody with low credit as an authorized user on someone else’s credit card with good history helps boost credit score as well as credit history of the AU.Credit card piggybacking, in fact, emerged in the mainstream during the period of the great financial recession of this century when plenty of credit repair companies and individuals used the advantage of piggybacking credit lines to artificially facilitate common people/relations to qualify for mortgages or come out of bankruptcy.Scope of PiggybackingAs stated above whereas someone with a poor credit score becomes an authorized user on someone else’s credit card with high credit score and thereby inherits the same and boosting their credit status is piggybacking. While many people confuse it with joint account, the major difference is that an authorized user is not legally liable to pay the dues on the credit card or make any changes in it whereas a joint account holder can do. Nonetheless, an authorized user finds the full credit history of the primary cardholder reflected on his/her credit report while boosting the score. Thus, piggyback tradelines are an effective way to enjoy access to good payment history, age of that account and its utilization rate. When these features are not positive, it can risk you to drop your credit point further.Piggyback Credit LinesAs you’ve seen how piggybacking is used in the family circle, when it comes to your turn, you can get the same advantage for some fees to piggyback credit lines or buying tradelines from its reputable vendors. After having the details of you and the charges, the credit repair company will match you with one of their credit card holders having considerable credit score and add you as an AU to the person’s credit line i.e. credit card. Equally, the primary cardholder gets a portion of the fee you’re paying even though you don’t receive the original card and the tradeline company performs as a middleman in the deal.How does it Work?In order to understand how to piggyback credit lines works, first of you, you need to understand the fundamentals of credit score. You might be aware that the three major components that affect your credit score are 1) your payment history, 2) available credit in your card that refers to your credit utilization and 3) the age of your credit history. Precisely, your score states potential lenders how you’ve used your debt so far. Now, as you become an AU, the primary user’s credit history appears on your statement and increases your credit score with credit limit. On the contrary, this can equally lessen your credit utilization ratio if you piggyback a credit line that has a low balance. Similarity it can increase or shorten your credit history which are some risky sides of piggybacking; which is why while buying tradelines, do thorough research and work only with high profile companies.Is Piggybacking Legal?There’re plenty of disagreements about whether piggybacking on someone’s credit card is legal or deceptive. According to the conclusion of different U.S. commercial laws or FICO whereas consumers are misled by fraud piggybacking companies, it’s obviously illegal. However, unless it is misused for some misdoing this is lawful in the eye of law.

Successful Affiliate Marketing With Online Forums

Posting to relevant online forums is a tried and tested way of successfully marketing a product or service you are promoting as an affiliate and remains a popular technique with people who are serious about their Internet business and establishing their online reputation.

Forum posting should be an integral part of your overall marketing plan.

Online forums are a type of social networking site, but unlike many such sites, online forums are places where people regularly participate.

Often this is two to three times a week and may even be on a daily basis. They ask real questions because they want a solution to their problem or they want to make a helpful contribution to the discussion taking place.

Why you should participate in online forums

As a marketer promoting a product or service as an affiliate, there are two main reasons for forum marketing:

The first reason for posting on forums serving the niche or market segment you are targeting is that your readers are already interested in your topic. They are a warm market, so there is no need to “qualify” them as you would have to with writing free reprint articles. Prospects from a warm market are much more likely to make a purchase than unqualified leads.

The second reason is that your signature can contain a link back to your website. This is the equivalent of your resource box in article marketing. Your goal is to get the prospect to go to your website. It is there that the selling is done, not on the forum.
Forum commenting to promote a product or service as an affiliate is free, but it does take time and some effort on your part as it must be done in a subtle way.

Each forum has its own rules and has an etiquette to follow. Most online forums are moderated. That means your post will

have to be approved before it is published. Overtly promotional posts are unlikely to be published.

Take a little time to view some potentially suitable forums to get a feel for them and check out their rules.

How to promote your affiliate product or service

Forum marketing takes time, not only to do, but also before you will start to see the fruits of your labours. The following five steps will set you on the path to forum marketing success:

The first step is to select one or more suitable forums in your niche.

It would be a good idea to only join one forum if you are just starting out in this type of marketing. You can join other forums when you have become established in the first forum. You will, however, need to follow the remaining four steps, but they will be second nature to you by then.

To find suitable forums, make an Internet search for your niche + “forums”. For example, “Type 2 diabetes forums”.

The second step is to sign-up and complete your profile.

Make sure your forum signature includes a link to your website. If the forum allows it, include a good photograph of yourself. Properly and fully completing your profile is important because many forum members will view your profile. Putting a face to your name will help you stand out from the crowd.

The third step is to introduce yourself to the forum.

Most forums will have an “Introductions” section, which is designed for this very purpose. Don’t just say “Hi!” or “Hello forum”, give it a bit of thought. Explain who you are and why you joined the forum (for example, to give and receive advice and offer assistance to other forum members).

The fourth step is to add value to the discussions in the forum.

You need people to notice you. You will need to post regularly for that to happen. If they notice your posts, it builds trust and they will also see your links. After you have created a great, informative topic or insightful reply, you will see your profile count grow and your signature URL clicks follow.

Establish yourself as someone that is there to improve the community.

Do not post unless you can add value to a conversation. This is where most people fail with forum marketing; they only post to get their links published. Spamming the forum will very quickly get you banned and all your posts removed.

The fifth step is to build up positive feed back.

Most forums have a feedback system. Give positive feedback to other posters. It will be reciprocated if your contributions benefit the forum.

Positive feedback helps to establish you as a reputable member

of the forum. Better still, if someone is looking for the product or services that you offer, they will come to you, over a new member with no reputation. So, don’t let this golden opportunity pass you by.

Don’t log onto a forum, make a post, and then stop posting just because you haven’t been successful in attracting visitors to your website. The key to successful forum marketing is to be regularly involved. Aim to post at least two to three times a week. This should start to build up your overall credibility.

Online forums are a good place to establish your expertise in your subject and to build a relationship of trust and confidence, not only with other members of the forum, but also with forum visitors. Adding value to the forum and receiving positive feedback help establish your good reputation.

People prefer to do business with people they know and trust and will follow the link in your forum signature. This, after all, is why you are doing forum marketing.

When the visitor reaches your website:

give them even more helpful information;
provide a cogent reason for them to join your mailing list; and
make sure you tell the visitor what you want them to do.
They may not buy the product or service you are promoting on this visit, but you can keep in contact with them by email to continue building your relationship with them.

Use your forum marketing to establish a relationship of trust and confidence,which your website and regular email communications further develops into a long-term relationship that benefits both you and your prospective customer.