Auction - May The Best Bidder Win

by Sintilia Miecevole

An auction means a public sale of properties or objects that are sold to the highest bidder. There are a whole lot of things that can be put to auction. There are auctions that are held under various categories such as antiques and art, automotive that include vintage cars, motorcycles, accessories, etc. The other popular items include clothing and accessories of film stars and sports stars, scripts of movies, sports goods. The jewellery auctions selling intricately designed precious jewels and gem jewellery are extremely popular. There are auction houses where you can go and bid for the things of your liking. The auction houses have a calendar holding the sale on a particular theme. You need to submit details such as name, address, telephone number and banking or credit information as is specified by the salesroom where you are going to bid. A unique number, known as the Client Number, is going to be allotted to you. A paddle is a plastic card bearing a number that is registered at the auction. The paddle is raised to bid and the auctioneer calls out the paddle number of the successful bidder at the time of selling each lot. When the gavel falls the auctioneer announces the hammer price. The hammer price is the final bid price, which does not include a buyer's premium. The buyer's premium is the money that is paid separately by the buyer to the auction house. It is a percentage of the final bid price. Sotheby's and Christies are two very famous auction houses. Samuel Baker founded Sotheby's in the year 1744. However, today this premier auction house has branches on the Manhattan's York Avenue and New Bond Street, London. The New York office was opened in the year 1955. In the year 1964 Sotheby's acquired the Parke-Bernet, which was the largest art auction house of America. This acquisition helped Sotheby's gain a sizable presence across America. James Christie founded Christies in the 18th century. A man having very charming demeanor, James Christie's clientele included the British royalty as well. The auctions of Christies include some 80 categories. Their sales rooms in America are at the Rockefeller Center, New York and North Camden Drive, Los Angeles. Auctions these days are not just limited to the auction houses. There are lots of websites that are into the business of auctioning. You can list the products you want to auction and invite bidders. You can specify the time when the bid closes as well as other terms and conditions. You need to specify that shipping and the other supply costs are to be borne by the buyer. Click on the item of your choice and get set bidding. About the author: Sintilia Miecevole, host of http://www.futurauction.com loves to go to auctions, just like you! Click on http://www.futurauction.com and find everything from bidding, buying, sales, software, sites to selling, wholesale, locations, tickets and much more. Enjoy an auction close to you!

eBay Auction Seller's Guide to Finding Hot Money Making Products

by Leroy Chan

(c) Leroy Chan - All Rights reserved You might be one of the thousands of individuals who open a trading account with eBay and dream about making auction selling a full-time home-based business. However, before that dream can become a reality, you need to do many important things while running an auction business. One of these important things to do is to pick the right products to sell. The right products to sell are the ones that people on eBay want or will buy. eBay tells you what people actually want and what people actually will buy in four areas of its website. "In Demand" One of these four areas on eBay's site is the "In Demand" section. There is an "In Demand" link for each of the main categories on eBay. Listed in these areas are the previous month's top ten products that people wanted and the top ten searches for each subcategory. To see the data in these areas follow the link below and when you reach the page, scroll down and click on the link "In Demand" under any of the categories shown. http://pages.ebay.com/sellercentral/sellbycategory.html "Hot Categories Report" The next area containing information on finding what to sell on eBay is the "Hot Categories Report." This report lists the "fastest growing" categories on eBay for the previous month. The explanation for what eBay considers "hot" can be hard to understand on your first reading. Nevertheless, the important thing to know is that the categories listed are the ones were buyer demand for the items under those categories are growing faster than the seller supply. This report is a PDF file so you will need Adobe® Reader® to open it. Here is the link: http://pages.ebay.com/sellercentral/hotitems.pdf "eBay Pulse" "eBay Pulse" is another area where you can figure out what people are looking for on "The World's Online Marketplace®." It contains a category's daily snapshot of the ten most popular searches and the stores with the most active listings. A subsection on "eBay Pulse," known as "Most Watched Items," reveals the ten auctions that are getting the most attention. Visit this page and select a category to study from the drop-down menu. http://pulse.ebay.com "Merchandising Calendar" The last area with information on what to sell on eBay is the "Merchandising Calendar." Here, eBay shows you the categories they will promote on their homepage each month. This is where eBay "tells" you what to sell. You can ignore their calendar and sell anything you choose, but wouldn't it be easier to make sales if you took advantage of eBay's promotional influence? Look at this page and use the calendar as a guide in planning your inventory and listings. http://pages.ebay.com/sellercentral/calendar.html Last Thoughts Now that you have the links to data that tells you what people will buy on eBay, you can look forward to listing these items and making sales. The next step is finding the wholesale or drop-ship sources that carry those items that are "In Demand." That is when you will be one-step closer to achieving your goal of making a living from eBay. About the Author Leroy Chan owns and operates the site "Auction Seller Guide": the place where experts reveal their secrets about auction selling, wholesale product sources, tools and more. Click Here Now ==> http://www.AuctionSellerGuide.com

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