Some Tips For Choosing the Best Consultant Education Program

As a management consultant, you simply cannot afford to rest on your laurels and stop learning new things about your industry, your clients and the world of consulting. The business world is moving faster than ever before, and if you stand still you risk falling further and further behind. By choosing the best consultant education you can learn about the business, learn how to serve your clients more efficiently and learn how to grow your business and your bottom line.

Of course not all consultant education is equally valuable, and as a business owner you need to make sure you get the best value for your hard earned money. You work hard, and you want to make sure you receive real value when you choose an education program.

Fortunately, there are some things you can look for to make sure you are truly getting the best education when you sign up a consultant education class. By evaluating each of these factors, you can make an intelligent and informed decision and get the most up to date, relevant and useful information out of the consultant education class you choose.

Real World Experience in Education

Learning from people who have been there and done that is much more effective than learning from pure academics. When searching for a education program, look at the experience level of all the educators on their staffs. Do they bring plenty of real world experience to the table, or is the majority of their experience in the classroom and not the boardroom?

Practical Tips for the Management Consultant

When it comes to consultant education, learning the latest theories and concepts is important, but it is even more important to take away practical tips you can use to start growing your business and beating the competition. Look for a consultant education training class that is focused on getting the job done and helping you get the most out of your management consulting business.

Reputation is Everything

In your work as a management consultant, you have no doubt already learned that you are only as good as your reputation. That is one of the reasons why you give 110% to every client, and it is one of the most important things to keep in mind as you search for a quality consultant education program.

The reputation of the company you choose is an important indicator of the quality of their education. These days it is easier than ever to check out a company before you sign a contract, either through an online search, by talking to other consultants in your industry, or a combination of both approaches. A history of unanswered complaints and student concerns should be a big red flag, while a list of glowing reports can reassure you that the consultant education program you have chosen is truly the best fit for your needs.

Real Home Based Business – Avoid These

Many people are interested in a real home based business but are afraid of the scams. This is a legitimate concern but you really can start a real home based business.

Here are some suggestions.

1. Home Watch Services. If you are handy in the home and live in an area where people may own a second home, this is a great home based business.

It basically entails offering your services to a homeowner who doesn’t live in their home year round but wants someone to check on it for them. What is normally entails is visiting the home once a week to check for leaks, flush the toilets, and check on a variety of problems.

This type of service can be easily expanded to include other things like staying in the home to receive packages; providing cleaning services prior to the homeowners arrival; or providing shuttle services to and from the airport.

Again this type of service is not very suitable in areas where most people live year round. However it is perfect for states like Florida, Arizona, or California where many people live there part time.

2. Yoga Instructor. If you have good experience in this area, you can establish a home based yoga instruction business.

You would normally visit clients in their homes and coach them in their Yoga regimen. This is something you can otherwise manage from home on a schedule which best fits with your needs and lifestyle.

3. Consulting Business. If you have a particular skill or expertise in areas like marketing, mediation or finance, this is a great home based business to consider.

Much of the work involved can be done from home and you have a great deal of flexibility in terms of scheduling on site appointments.

Why Would Your Home Based Business Fail?

There is one key factor that determines how successful a home based business will be: The budget. Many home business owners start out eager, and quickly put themselves into a mountain of debt by signing up for every product under the sun. We all know that there are certain things that you need to use in your home business. Services like autoresponders, for example, are a necessity in a successful business. If you run a website, one of the first things you need is a website hosting service.But, you must be careful when using such services. Do your research, and don’t buy the first thing that comes along. If you look carefully, you’ll find that the product or service you are about to purchase can be had for much less, without sacrificing the value.Say you need to find a web hosting package. The first step is the most crucial one. You need to determine how valuable this new purchase is to you. Do you do all your business through one website, or mostly through affiliate websites. If you only use one website, then hosting for that website is absolutely crucial to you home business. Figure out how much you would be willing (or are able) to pay for web hosting.The next step is research. Using your search engine, type in something like “web hosting reviews”. Read through the reviews that come up, and see which companies come highly recommended. Be warned, many reviews are written purely for the sake of selling something. Use your better judgment when deciding whether the review is unbiased, or just a sales page.As you go through the reviews, make a list of at least three recommended companies. Then, go to each companies home page, starting with your first choice, and see what comes with the different hosting packages, and what the prices are. You will need to try to find a balance between the features offered and the package price. For example, if you don’t need to have unlimited domains, don’t pay for them. You might find unlimited email addresses are included in a different package, and would be much more useful.The above example can be applied to every aspect of your home based business. No matter what type of business you run, whether MLM, affiliate marketing, etc, pay attention to your budget, and choose your purchases wisely. This way, when the rest are drowning in debt, you can be swimming in profit!

Best Home Based Business – 4 Considerations to Fit Your Life Style

Have you ever given thought to the fact that most people give more thought as to what dog to bring home for the family than what is the best home based business for them? Sadly, true. Often a flashy web site offering great wealth with little or minimal work is involved, everything will be provided for you to be successful and then they show a big house and fancy cars as if to demonstrate their great wreath. Well, shame on them for the miss leading people and just to be fair, shame on you for considering them. It is often greed on the part of a person looking that wants a whole lot and without having to do much of anything to get it.So before you start your research, sit down and list your whys:o Why do you want a home business?
o If you have a family, how do they feel about the idea?
o What is your purpose both short term and long term?
o What do you expect to get out of having your own business?
o What drives you – Money, freedom of time, ability to quit job, etc?
o How much time are you willing to put into your business?
o Financially, how are you set? How much money can you invest in your business?
o Considering it takes often one to three years to really make a good profit, will you stay the course?Internet based:Today in the world, it is almost impossible to find for yourself a best home based business venture without using the internet for advertising and visibility, financial, information and more. It has become the most essential tool in your business life. Whatever business you choose, try to do the one which is internet based or at least be aware you will have aspects of your business where you use a computer. There are however, lots of advantages involved in making your business internet based as it is the fastest growing area of marketing and will be for many years to come.Through your website, your product or service can be known to people across the globe. This will increase the chances of making business from the global website visitors or you can aim for a local market. You are aware that it is not possible for you to work 24 X 7, but by owning a website, you can make your business work round the clock for you.You can reach out to the customers in your niche market at the convenience of your fingertips by communicating with them via email or Skype. You can make announcements of upcoming events and offers directly to the customer and attract their attention towards your home based venture. Many businesses are producing weekly or monthly newsletters for their clients and having excellent results.Personal benefits:If you are looking at a home business as a full time prospect, then there are a lot of advantages associated with it. You can work being at home and thereby providing yourself that flexibility of being able to manage your business and also have a full personal life. Moreover by working from home, you will always be closer to your family and you can ensure that your workload does not affect your personal relationship with them. However with that freedom comes the responsibility of firm and well planned time management.Success starts with considering all these points closely while selecting the best home based business for you in order to succeed in your venture. However it does not stop there, with your choice. The next step is to plan to work and work your plan. Success is hard earned, not just handed to you.

Legitimate Home Based Businesses – Real Home Business Opportunities

With the current downturn of the economy, finding legitimate home based businesses is becoming necessary. Many people have lost their jobs, and with few openings available, there is no option but to find a home business opportunity. The question is, can anyone work from home?The short answer – yes. With the growth of the internet comes many different opportunities to make money from your own home. Some can be done from your computer, while others are more physically based. The difficult task is finding home based businesses that are legitimate, and not scams.If you are familiar with computers and have an internet connection, there is no shortage of work you can do! Data entry, freelance writing, typing for employers, affiliate marketing and online surveys are just a few of the wide variety of options available to you.Home data entry employment is one of the most popular choices of people who work online. While these positions are sometimes difficult to find, there are sites that give you access to a large database of employers looking for data entry workers. These sites usually charge a small membership fee. This covers the costs of updating the job listings, and providing online support to you.The options for legitimate home based businesses if you aren’t computer savvy are many. According to your experience and interests, you can open a home daycare, start a catering or cleaning business, learn professional photography or begin your own secretarial service. These are just a few options – there are literally hundreds!You really don’t have to have a college degree or be experienced for many of the home based business opportunities that are available. If you are willing to work, you can make money at home. Millions of people have been doing it for years, and there is no reason why you can’t do the same.Whether you have lost your job or just want to work from home, there are legitimate home based businesses that you can start NOW. Learn about some of the best by visiting our site. We have done the research and found a huge variety of home based business opportunities for you!

BMV Property – How Professional Property Investors Make Their Money

If you are reading this article, it simply means that you are either a property investor or believe that you can get good returns on property investments. Whether you are a newcomer or an old hand in property investments, a good place to start is by understanding what the Below Market Value property (BMV) niche is all about and what makes it worth your while.To put it in a few words – the bmv business is all about the identification of anxious sellers, also known as motivated sellers. The findings from this exercise are then followed up by finding a way to resolve their difficulty, in a manner that gets you profits. A complete “win-win” situation!You must be curious about the actual deal terms. Well, your role is to provide a solution to the homeowner, also known as the vendor. In return, he agrees to sell his property to you at a discount to the market value of the property. In order to make the deal profitable, investors in the BMV property niche will clearly look for a minimum discount of 15%. Given that selling their home for only 80%-85% of the market value is unlikely to be practical or attractive to most people, it is important to search for a seller who is sufficiently motivated.Why would a seller be motivated enough to sell his property at below market value? There could be various reasons for this, including divorce, emigration, broken chain, re-possession, ill-health and more. If motivation levels are high, your offer to quickly buy out their property without involving a chain can be extremely attractive.As an investor, you can get rewards in the form of:

Instant Equity – the discount on the market value that you are able to settle on.

Rental income – the gain that you can make following mortgage payments. This is also known as Cashflow.

Long-term capital growth – Historically, there has been a doubling of property prices every seven years.

Cashback on purchase completion – which is possible if the discount is high enough.
In recent years, the biggest challenge that BMV Property landlords have faced is Cashflow. When buying bmv properties, the target is to have sufficient rental income to pay back the mortgage debt per month and service costs, including insurance and repairs, and yet make gains every month. The problem is that while property prices have increased sharply, rentals have not. This has resulted in deals not measuring up to expectations. Hence, there is a need to negotiate a higher discount while settling the deal to make it really worth your while as a property investor.In order to mitigate risk, property investors need to build in profits from the very first day. Over the longer term, property will always appreciate in value. A BMV property deal at a discount of 15%-20% ensures that even if prices go down, YOU, as a BMV property investor, will not be at a loss.A BMV property deal is more about people than property. A vendor is looking for a solution to his problem. You, as a property investor, can, in an ethical manner, provide him the solution. The property is, thus, just a vehicle and in essence it is the human aspect that underlines the whole deal. In every transaction, generally, people buy from people they are acquainted with, like and can trust. Precisely due to this, it is vital that along with detailed property information, a BMV property investor needs to possess superb people skills. While sales solicitors and estate agents do most of the liaising in traditional property, in a BMV property deal, YOU will be dealing with the vendor directly.To sum up, buying property below the market value from vendors, in an ethical manner, clicks! It gives you a chance to not only help a distressed seller but make some profit in the process.

Property Management Web Site: Marketing to Renters and Property Owners

Property management is a unique business that requires a marketing strategy for reaching property owners who want to hand over the burdens of rental management and prospective tenants who are looking for clean, well managed properties. A property management web site should be designed to communicate with both groups.

One of the requirements for developing an effective web site that delivers traffic your business is accommodating the needs of the search engines that send those customers to your property management web site. Property owners will most likely be looking for “property management” or “rental management” along with the name of your town or area.

Renters and prospective tenants are looking for an entirely different set of keywords. They are looking for “apartment rentals in your town, duplexes in your town, houses for rent in your town”. You want the search engines to identify both sets of keywords with your property management company. We have found that it works well to have 2 sections in your web site. One caters to the needs of property owners who want to find out the property management services you provide and the other caters to the needs of renters looking for a place to rent in your area.

In many cases, you have 2 different sets of people within your company. One group specializes in working with the property owners and taking care of their needs. The other group consists of property managers that show and rent your properties. We have found that it works best to feature each group separately in the respective areas of your web site. Then the property owners and the prospective tenants are seeing the people they will be working with. Inquiries from your web site will be sent to the correct group of people as well.

Television killed Advertising

Ask any advertising person that you know if they have heard of, or read, The Cluetrain Manifesto and most of them will shake their heads with an emphatic no, which is a shame because within this book lies the clue to their demise.

Whilst the book is written with the Web in mind, most of what it has to say is true of the communication process itself.

So allow us to revisit the Cluetrain Manifesto and apply what they have to say about the world we live in now and the advertising and marketing world as we know it, setting aside the Web for the moment.

In the 20th century, the rise of mass communications media enhanced industry’s ability to address even larger markets with no loss of shoe leather and mass marketing truly came into its own.

With larger markets came higher rewards and these higher rewards had to be protected. More bureaucracy, more hierarchy and more command and control meant the customer who looked you in the eye, was promptly escorted out of the building by security.

The product of mass marketing was the message, delivered in as many forms as there were media and in as many guises as there were marketers to invent them.

Delivered locally, shipped globally, repeated inescapably, the business of marketing devoted itself to delivering the message. Unfortunately, what all these gurus of marketing did not realise and still do not today is that the customer never fully took delivery!

Why, because there is no demand for these advertising messages. Lets face it, consumers don’t want to hear from business.

The message that gets broadcast to you, me and the rest of the population has nothing to do with me in particular. Consequently, it’s worse than noise.

It’s an interruption in my life and like most people, I would rather do without it thank you very much. Just leave me to watch/listen to my program without any facile interruptions.

And that is the awful truth about marketing and advertising. It broadcasts messages to people who simply don’t want to listen or see it.

Every advertisement, press release, publicity stunt and give-away designed by the Marketing Department, or Advertising Agency is coloured by the fact that all their hard work and planning is being presented to a public that doesn’t ask to hear or see it.

Recently the Sunday Times, in the UK, had this to say about advertising: “Things have changed a lot since you used to get 20 million people gathered around television sets to watch Coronation Street and one advertisement could reach them all.

Marketing budgets are being spent differently, and this means less money is being allotted for advertising. A couple of million pounds can buy you a few hours on television but marketers are realising that it can buy an awful lot more if it is spent elsewhere.”

Advertising agencies may be flatfooted in responding to the change, Advertisers cannot find what they need from the big agencies, which tend to be biased towards television advertising.

Small agencies are more flexible and open minded to these changes but the likes of WPP can be a bit slow to respond.

Nestle, once one of the country’s biggest advertisers has slashed the amount it spends on television advertising.

Andrew Harrison, its Marketing Director, says “This is a start of a trend towards more rounded communications. And the big agencies like WPP need to look at offering more than just the traditional services….”
Despite all this rhetoric there is no evidence yet that advertising agencies, or the marketing departments of Clients understand the meaning of the word “communications.”

And herein lies the real problem, the complete lack of understanding of

what the communication process is all about.

Sending a message by itself isn’t sufficient to create an act of communication; there needs to be a response to a message as well. To illustrate this point, think of a radio station broadcasting late at night without a single listener tuned in.

You don’t have to argue about trees falling in an empty forest to agree that no communication has occurred here. In the same way, when you have a speaker talking to one or more people who aren’t listening, there is no communication taking place.

For communication to take place, you must have a message sender and a message receiver and the two sides must talk to each other to understand what the other is thinking/doing.

Advertising occurs when a group becomes too large for all members to contribute. One aspect of advertising is an unequal amount of “speaking”. Advertisers deliver their information to the mass audience, with limited opportunities, if any, for feedback.

The audience, therefore, is unable to talk back in a two-way conversation the way they might in a small group setting and as a result, do not feel involved, do not feel that the message has relevance to them as an individual.

Advertising views communication as something one person “does” to others. In this linear communication model, communication is like giving an injection: a sender encodes ideas and feeling into some sort of message and then injects them by means of a channel (TV, Newspapers, radio, etc).

Despite its simplicity, the linear view of communication isn’t completely accurate. For one thing it makes the questionable assumption that all communication involves encoding.

A more obvious problem of the linear model is its suggestion that communication flows in one direction, from sender to receiver.

However, most types of communication, especially the interpersonal variety, are two-way exchanges. To put it differently, advertising’s linear view ignores the fact that receivers react to messages by sending messages of their own. And if the message sender is not listening in turn…?

Lack of communication competence.

Most advertising agencies and clients lack the skills of communication, advertising messages are more carefully prepared than interpersonal communication and yet “message understandability” tends to be lower.

Advertisements are more carefully prepared because gatekeepers (those who prepare and send out messages) are more cautious about what they say to large audiences than they are to audiences of one or just a few people. They check their facts more carefully and they prepare their syntax and vocabulary more precisely.

And yet, because their audience contributes much less feedback, the source cannot correct any lapse in interest or understanding, so people are more likely to misinterpret what they hear or read over the mass media.

It is important to note, of course, that just because mediated messages are more carefully prepared, they are not necessarily more accurate. Gatekeepers have a way of looking at the world based on personal beliefs or motivations. This “world view” sometimes tends to make media messages inaccurate.

Advertising ignores communications theory.

As the mass media have matured, the behavioural dynamics of perception and interaction, which are not addressed by advertising agencies, have become critical to the re-definition of media and its role in marketing communications. With passive, one way, forms of advertising such as media display or television advertising, there is a certainty of a degree of non-responsiveness.

However, with interactive marketing communication techniques, there is a commitment to participate, which, in turn leads to a set of possibilities, which are significantly different in how they affect the communication process itself.

All advertising is a form of learning, with the advertiser asking potential customers to change their behaviour once they have understood the benefits of the product or service on offer.

The anticipation of response generated through interactive marketing communication, means that the recipients will approach the data with a commitment to read and learn it.

In other words interactive marketing communication turns passive advertising into active advertising and actually alters behaviour during the learning process . It also cuts through the psychological barriers, which prevent an individual from changing brands.

People tend to filter out information they do not want to hear and this alters the effectiveness of advertising in quite a dramatic way. The purchaser’s decision is invariably a compromise and this leads to a certain amount of anxiety.

The worry that perhaps the purchase decision was not the best or right one. In order to minimise this anxiety the purchaser seeks to reinforce their choice and begins to take more notice of their chosen product’s advertising.

And, at the same time, the purchaser deliberately suppresses data, which might challenge their personal decision, by ignoring the advertising of competitive brands.

People are often loyal to a brand simply because they do not want to
readdress a decision that they have already made. The opportunity to screen out such undesired data always exists when media advertisements have to stand on their own and fight for attention.

Despite all this, lets repeat what we suggested at the beginning of this chapter, there is still no evidence yet that advertising agencies, or the marketing departments of Clients really understand the meaning of the word “communications.” They are making progress in some areas but there is clearly a whole lot more to be done.

Paul Ashby pioneered interactive communication to the advertising and marketing communities some twenty-five years ago. The communication issues he addresses have been neglected during the explosive grown of advertising in the 60s, 70s and 80s, these are Cognitive Dissonance, Selective Retention and Selective Exposure.

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.