Auction Knowledge Base
auction...? im a first time buyer and thinking of buyin my first home at auction. i dont have the money to buy it so i want to take a mortage out on it how do i do this?
How do you start up your very own auction website? As any computer user would know, eBay is the most successful auction website on Earth. But what I was wondering was this: How does one person start up an auction site on the internet and let people buy, sell, trade and auction items to each other and profit from that? What do you need to do to create and build your very own auction site and even sell and/or auction your items to all those desparate customers waiting for an item that they really need? Do you need to a credit card bank account for that? Can you accept the money paid for an item as cheques? Do you have to pay for the packaging and delivery as well just to get that item to the customer who really bought it? Please, if there is any one who is a profound expert at this online auction business, tell me how to do it! I am extremely curious about this!
How do i get a car auction license in Nevada? Where and how do I get my car auction license in Nevada? I don't have a car lot. I'd like to buy and sell cars part time. I don't know where and how to get my car auction license. I would love to go to the auctions to buy maybe two or three cars and sell for a profit. I would appreciate someone out there with some experience at this or someone looking to do the same thing to point me in the right direction. Please include tips and concerns as well in this profession. Thank you.
How can you create a profitable penny auction website in such a competitive market? Does anybody have any tips or suggestions on how to create a succesful penny auction website? After doing research I have found like 100 sites that claim to be penny auctions but I am sure that the majority are scams, a few don't profit very much, and a handful are successful so does anybody have an idea on how to succeed in such a competive market? It doesn't have to just be about penny auctions I would like tips in general on how to succeed with any retail website?
What online auction site is preferred by sellers of antiques & collectibles, and why? I've used eBay in the past for selling collectibles, but it seems that it's more than just the economy keeping buyers and sellers away. Did the fees get too greedy? Are people just not interested in collecting anymore? The good stuff doesn't seem to get listed much anymore. So....I was just wondering if there was another auction site to which the antique dealers have flocked.
What would the detailed process be in buying a car from a public auction? I would like to know more about buying a car through a public auction, repossessed cars, police seized cars, government auctions. How do i get into these auctions? What can i expect? Where would the best auctions be located in California? How does the auction work? What are good sources to look up the car's history before buying it through an auction? Are there available warranties or are these car's "as is"? The more information you can provide, the better.
How do you research a car auction? I have a question currently about auctions. I have been reading some information since I put it on here to see what other people have already said. People have said research, find out about the cars before you go to an auction, etc. That is the problem, I don't know how to find an auction to do the research on it or on cars that I think I may be interested in. How do I do that part? Finding the auction, doing the research on the car(s) I am interested in and doing the research on ther auction it self? Thanks.
Regardless of who hold auctions, is the winning bid real the total cost of buying a house from the auction? I see these newspaper articles about real estate auctions. There are the regular county auctions (sheriffs auctions) that real estate companies buy to sell for profit later at their own house auctions. Regardless of who hold auctions, is the winning bid real the total cost of buying a house from the auction? Can you buy a house from an auction for say few thousands dollars? I can't google the real estate buying process. Where I can learn about the process of buying houses?
How does selling your house at auction work? Hi. I am considering putting my ground floor two bedroom flat up for auction. I want a quick sale because I have seen a house I like. I am very lucky as I don't need to make money on my flat as I have savings. I just interested to know how auction selling works.
How to start an auction house and become an auctioneer? I am interested in starting an auction house in Florence or Queen Creek Arizona. I have determined I would like to become a licensed auctioneer and run the auction myself. I need to acquire the knowledge needed to run a well organized auction and becoming a licensed auctioneer. Is anyone familiar with the process of running a successful auction house in Arizona?
How do I know if an auction is a low grade auction or a high grade auction? There are three in my area that have an auction every week. Does that mean they are low grade? Since they have enough horses to auction off to have one every week? How do I find high grade auctions in my area? How do I know they are high grade? Btw I searched google and these 3 were the only ones I found
How can I participate in a singles auction? I thought it'd be fun to be auctioned off in a charity auction where the people bid on other people. Anyone know how I can get in on this? I figured it'd be a fun way to help out.
Where can i find a good car auction in the Los Angeles County? Im trying to get a good car for under 1000. (im a college student). I was planning on buying my dads car from him because he owes like $850 in tickets so if i pay it i can have it. My grandpa said for that price i could get a good car at a car auction for possibly cheaper. Can ayone help me find a good car auction? My grandpa recommended Venice.
Antique auction house has not pay the sale proceeds of my furniture? Last summer I sold many antique furniture through an auction house in London, but I have not yet received a payment of the sale proceeds despite my repeated letters and telephone calls. Where should I go now? I am living abroad and the auction house might be taking advantage of it.
How can one ascertain what price an auction car was sold at? I'm referring to executive driven, late model, low miles GM cars. The exec's drive them for a few months then they're auctioned off at various auction sites throughout America. Would like to know if one can subscribe to a service which details the prices paid. Thanks you for any input.
How much should an auction house charge for selling your items? My dad put a lot of items up for sale in an auction house which all together sold for about 5 grand, but the auction house will be getting 4 grand leaving him with just 1 grand That doesn't sound right to me; how much do auction houses usually charge for selling your stuff
How do I make eBay auction longer then 10 days? When I sell something on Ebay, it only allows me to have auction for 10 days, which cost an extra 40 cents. I noticed that some people have auctions for like 15-30 days, but yet only gives me the option to have auction for 10 days.
Anyone know have any good ideas for silent auction donations for a fundraising event? I am a volunteer for Habitat for Humanity and we are having a silent auction and live auction to raise money to start our next house. We are getting the usual donations - gift certificates for restaurants, hair styling salons, etc., but would really like to have something different and exciting. Any ideas? Another note - our guidelines say that we have to stay within our county when soliciting donations so as not to encroach on other affiliates. Some of your ideas were really good, but they involve contacting groups outside of our area.
How does the asking price start when a house is on auction? I realize it's heaviliy dependent on market or whatever. but how does the bank usually se tthe asking price on a house. Is it at the principle on an existing mortgage minus 6% (realtors fees). Can I get it any better than this? It's a mortgage auction. Not a tax sales auction. If you've been to an auction. What's it like. How many bids are place on these houses. I'm in Texas.
Auction or estate sale? What's the best way to sell off furniture and antiques? We're downsizing and need to get rid of some furniture and assorted antiques. Has anyone out there had experience dealing with auction houses or estate sale dealers? Should we send the stuff to an auction house(some of the pieces are large)? Have an on-site auction? Have an estate-type sale? We're trying to decide which way to go. Thanks for your help!
What can attorney due to delay auction of home? Someone please help, I'm going crazy. We live in a non judicial state. Auction to sell our house is set for 12-4-09. We are unemployed at the present time and will not be able to keep our house and have accepted that. But since the auction is in December and we really have no place to go until January, is there anything an attorney can do to delay the auction for a month or two. Please I am asking for serious answers only. This is hard enough to loose our home after trying desperately to save our house.
How long does it take to list an estate for auction? Just curious as to a time frame, from the time an auctioneer comes to the home to inspect & list items, to the length of time to advertise for the auction, to the day it all sells. I am settling my grandmothers estate and planning on using an auction service to sell her home & belongings. As I live quite a distance away, I'd like to know what sort of time frame is involved, since I cannot make it back & forth to her hometown often. Thanks.
What item should celebs autograph for charity auction? I'm working on an auction to raise funds for the local animal rescue. I know that a rescue once sent wooden cutouts of dog bones to celebrities and had them decorate/sign them. They had an amazing turn out. What is something we can do of that nature (that is not copying their idea) to raise some money? We just need a creative idea of something that could be mailed to celebrities that they could sign/decorate/make their own.
What's the best way to start an online Charity Auction? There's a couple in our town who are in bad financial trouble and I want to help them. I thought that an online charity auction would be a great way to do this, except that I have nothing to sell. I think that it would be awesome if I could get 120,000 people to give $1 each, who'd miss a dollar? And that would be the way to get donations. Maybe an auction isn't a good idea? If not, how would I go about getting plenty of publicity for getting donations?
My home was lost to foreclosure via auction. How can I verfiy that it actually sold at the auction? I believe that an investment company won the auction and then failed to close the deal within the specified time. They were trying to flip the house and I don't think they were able so they forefitted the bid deposit. The auction was on June 12 and there still are no recorded documents according to the county recorder's office. Any advice on how to get to the bottom of this. I have moved on, but I just want some closure as to how it all played out. Thanks.
How do you cancel out an ebay auction and relist it? I sold a phone on ebay and clearly stated no international shipping on my auction. I sold the phone and just received the payment through paypal and found out the person that won my auction is located in the Ukraine. Is there a way I can cancel the auction and relist it for free since ebay let this guy bid on my phone even though I said I wouldnt ship it overseas?
How do you pay for an Ebay item outside of an auction? I know this seller and have purchased from many auctions before. However this time I am not purchasing straight from an auction rather I would just like to pay her for items that aren't listed together and then get them. She gave me her ID assuming I knew how to do this. I want to pay through paypal which is linked with my ebay account.
What happens if a home forecloses and the auction only pays off the first mortgage and not the second? Will the second mortgage holders come after you or be able to put something (other than a foreclosure) on your credit like a judgement? Would they be ale to garnish wages or do anything crazy like that in the future? The reason for two loans was a first and second (100% loan) was used to purchase the home. The value dropped and the foreclosure auction will only be enough to cover the first mortgage and part of the second. If you could site any websites that show these types of laws it would be appreciated. Thanks. Oh and real examples would be great. I've heard many people say yes they can come after you, but of those that have actually been foreclosed on I've yet to hear one of them tell me an actual horror story. This could be because many second lien holders use fear to get some people to pay them money and salvage some of their loss. coragryph, keep in mind the 2nd was used as purchase money, so it was not a 2nd mortgage that was "taken out". Also, have you actually heard of this happen or only studied it? Thats what i'm finding out, that most lenders don't go through with that, as they end up getting nothing after spending all the money to legally fight it and most individuals could file BK to avoid it.
How NOT to put the auction bidding on ebay? I want to know how can you NOT put the auction bidding on ebay when you are trying to sell an item? I don't want people to be on certain items, I would like to just put the Buy It Now option but I do not know how. I know it is possible because I've bought items that doesn't have the auction bidding option, they just have the Buy It Now option. Please can anyone help?? Thanks in advance.
How do I pay for a home purchased at a foreclosure auction? In my county (Fulton County, Georgia), when a home is auctioned off for tax reasons, payment must be made within an hour of the auction close. The payment must be made in cash or certified funds. How would I pay for a home purchased as a bank foreclosure? Same? It seems difficult to show up with hundreds of thousands of dollars in cash.
How do you make a 24 hour auction on eBay? I've heard alot of people talk about how there "24 hour auction" on ebay went very well, but when I try to sell an item, the lowest I can go to is 3 day auctions. Please tell em how to do a 24 hour auction, and you'll get 10 points!
What is the best process for doing an auction on eBay? I my family's business of electronics recycling and refurbishment, I help in running the eBay store and keeping items selling, but I am still inexperienced and need to learn more about auctions to clear some of our inventory. What is the best process in which to run an auction, and what items would be the best to put up for auction?
What are some good things to auction off that can be sent through email? I'm on an auction site that gives me more credits if I auction something off to a buyer, but I don't really wanna go through all the business with mailing it, or having the buyer pick it up at my house. What are some good things to sell that can be transferred through email? Like Coke Rewards codes, because those are just numbers with no actual objects. Thanks to everyone!
What is the Best way to auction free? Do you know the best way to auction free, without any hassles at all? I don't mean the EBAY method where they ask you the bank account details, but the Facebook method where there is no charge at all. Apart from Facebook's MARKETPLACE, does anyone know any other site or method of auctioning succesfully?
What is the best way to hold a people auction at a school? We are talking about having a people auction where students volunteer to do chores like raking leaves and such but I can't find a lot of information on it. What are some of the legality issues? What are some suggestions? I'm not talking about slavery dingbats. It's purely on a volunteer basis and they come up with the chore they are willing to do.
How to find a seized car auction near in my state? I am thinking to buy a car. I don’t have a huge budget. Recently I read about the seized car auctions. Is it true that I can find cheap but good cars there? I live in Alaska. How can I find a good seized car auction near to me? Thanks in advance.
When is the best time of the year to buy a car at an auction? I know that auctions are happening all the time, all year round, but when is the best time to find great deals a.k.a. "steals" at auto auctions? Are you more likely to find better deals at specific kinds of auctions (like police auction auctions where they sell cars by drug dealers, etc.) during certain times of the year? Basically, when do auto auctions have their largest inventory making it the perfect situation to find a great deal?
How much capital to start an online auction site? How much capital do I need to start my online auction site, I have a very niche market (Don't want to say it) and I think I could do it all by myself, if not just paying for someone to make the code for the auction and then being done with it. (is it that complicated to set up the actual website) so advertising not withstanding how much capital should I start with, I know ill probably need more then the 10.99 to register a Godaddy site.
Should I sell a home using an auction? I want to sell a home fast and an auction seems the best route. I know they get about 10% compared to 7% for realtors. But homes sold by auction usually sell for more than through the regular selling way or less.
What do you do after you win an ebay auction? I was just wonder after you win an auction on ebay how do you sucessfully have a transaction with the seller. Do you pay for the item right away? If you do pay and with paypal does the seller know where to send via paypal or do you e-mail them the information? Thanks for any answers.
What steps do I need to take before having a silent auction? I want to have a silent auction for a fundraiser that I am holding. I think I might have to go to city hall and get some papers saying I can ask businesses for donations. If I do need to I don't know if I should go to city hall or just write city hall a letter. I'm not sure about what kind of tax reports I'm going to have to make either? PLZ help!!!!
What do we need to prepare before going to a house auction? The house that we'd like to bid on is selling As-is with no contingencies. There is 30,000 worth of termite and fungus damage, and we do not know what structural damage there might be. What sorts of things should we prepare before going to auction. Should we already be preapproved? What sorts of inspections should we arrange prior to the bidding? The house is in a rural area, are there any other concerns we should be aware of?
What is the best way of getting donations for a silent auction? I am the event co-chair for a Canadian children's charity and we are having a fundraiser on April 29th. One of my "jobs" is to obtain as many silent auction items as possible. I have hit up a number of big companies but it seems that unless you have an "in", they don't really want to help out. I would appreciate any advice. Thanks!
What are the most important things to check at an auto auction? I want to go to a government seized auto auction to get a car. Since your not allowed to test drive these cars, I definetly will bring along my mechanic to look at the car. What are the most important things for him to check since the car is sold "as is"? Also, most of these vehicles are newer (2000 or newer) so they're not very old. Somebody here said to not buy a car that is clean on the outside because it usually means that it is in bad mechanical condition. Why is that?
How do you make money in the auction house on Animal Crossing City Folk WITHOUT help from friends? Almost everyone always says you need people on your friend roster! I think this is ridiculous! Say I wanted to display an item in the auction house that I could originally sell to nook for $1,000 (on the game). How much would I give the auction house for this item? Because I am never seeming to make any money...and I have no way of having any friends over with WiFi do to my stupid internet connection!
Where can I find lists of home being sold at auction? I'm looking for local auctions of homes for either tax sales or foreclosures. I've checked out the local county website but nothing is available there except the auction process,no listings. I've checked the local paper for public notices, but nothing is listed there either. There are numerous websites that list foreclosures and auctions that will take place on various dates, but without paying to join these websites I can only obtain limited amounts of info. Basically I want to obtain this info myself without paying to join a website.
What happens on ebay when your auction ends? I'm new to ebay and this is my first time selling, i was just wondering what i have to do when my auction ends. How do i know when the winning bidders payment has gone through to my bank?
Really good auction site that is free to post? I REALLY want to find a auction site that is completely free and I can auction off something, I want one people actually go to and people don't get scammed. If you could give me a list by popularity I would greatly appreciate, 10 pts best answer.
How to delay the trustee sale a few days before auction? The home is up for trustee sale auction in a few days. We have faxed a loan modification packet to the lender. What else can I do to make sure that the auction gets delayed. The home is up for trustee sale auction (in CA) in a few days. We have faxed a loan modification packet to the lender. What else can I do to make sure that the auction gets delayed.
Really good auction site that is free to post? I REALLY want to find a auction site that is completely free and I can auction off something, I want one people actually go to and people don't get scammed. If you could give me a list by popularity I would greatly appreciate, 10 pts best answer.
Are cars at an Insurance Auto Auction repaired before being sold to the public? hi im planning on buying a car from a local Insurance Auto Auction. I know that the vehicle is a salvage title and the pictures they have shown are the pictures of the cars damage, but i wanted to know if they repair the car before they put it up for bidding or do they sell the car damaged and the buyer has to repair the car. THANKS
How can I get a mortgage on a property bought at auction? I would like to look into buying a property at auction as I am a first time buyer, unable to get a foot on the housing ladder. After looking into various Goverment schemes, my only other option is shared ownership. I would like to know the process of raising a mortgage for a property bought at auction. I know that a 10% deposit is required on the day of the auction. Is it a case of obtaining a mortgage in principle, purchasing the property and then applying for the mortgage after the sale? I am assuming that no mortgage lender will lend money without there being a property in place to secure the loan on. Any information on this would be appreciated Many thanks
When buying a house at an auction how do you come up with the $$ within the 24 hours they allow? Houses for sale at a forclosure auction, they ask for down payment immediately, the remaining with 24 hours. Where do youget the funds for that immediately? The details are as follows: 10% of successful bid immediately at conclusion of auction, balance by noon the next business day, both by cashier's check. Assuming I have the down payment, how do I secure the rest of the funds before the auction starts? Not enough in home equity so forget that. Any thoughts?
How much cash should you expect to spend at a tax deed auction? My husband and I are saving to attend our county's tax deed auction next May. How much should we plan to bring to the table to get a house? We're okay with a fixer-upper or something cheap. Also, where do we go for more info? Not online sources--I mean the actual people who run this thing.
What kind of programmers i need for making online auction website? I want start my online auction website. I dont know anything about programing. What kind of programres and what experience do they need to have for me to build a auction website? If i could get a list with all the people i need to hire, and some more information on how everything works would be really apreciated. Also if you could tell me around how much each one of these employees makes would be great too. Thanks in advance!
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