Secrets of My Favorite Government Auction

by Dean Novosat

I love bargains. And there’s no better place to find bargains than an auction. And there are no better auctions than government surplus auctions. My favorite government surplus auction takes place the 3rd week of September every year in the County Park. I won’t tell you which county park as this is my best-kept secret! Even though the auction is advertised in the local papers (as required my law), I usually find the same 20-30 people mulling around, looking at all the lots. And many of them I know are not high-bidders! This annual auction is the county-wide surplus auction. You will find everything and anything here as the county has various and departments. They have the typical office equipment and furniture, cars, trucks, law equipment, etc. But some more unusual things that have been auctioned off have been things like a street sign maker (for making stop signs and the like), a row of metal lockers (from the old county pool), playground equipment, 5000 plastic cafeteria trays (that sold for $8!), a stainless steel chef’s cart, a chrome torpedo trash can, and a fully operational dump truck that went for several hundred dollars. Since I have been attending for many years, I know what to expect and I know how much to pay. For example, they typically have a dozen retro office chairs that sell very well on ebay. The opening bid on the chairs is usually $5.00 each. However, by not bidding, I can usually wait (and luckily no one else knows what a gold mine these chairs are…they just look like dirty old chairs!), and the auctioneer will lower the opening bid to $3.00, then $2.00, then $1.00, then fifty cents! Still, I am patient and wait as he throws in two or three more chairs for fifty cents! My last trip to the auction, I netted seven chairs for $4.00! I turned around and sold them for $25.00 each! This is just one of the examples of the deals that I have found at the County Auction. The secret to my success is three-fold: 1.I know what is “hot” in the market by browsing ebay, watching HGTV, and flipping through home magazines. 2.I know what the going retail prices are and keep these in mind when I am bidding. I usually arrive at the auction early with a notebook and check out all the lots that will be auctioned. I jot down the lots numbers and the highest price I am willing to pay for that lot. 3.When the bidding starts, I wait for someone else to start the bidding. I place myself so I can “read” how badly they want the item. I will wait to place my bid. I never get caught-up in the bidding. And I always bow out at my high price that I wrote in my notebook. This way I can avoid buyer’s remorse! Using these tactics, I have successfully won many items at the local auction and have made a huge profit reselling these items. If you use these techniques, you will also be successful at your local auction. I just hope you never find my gem of an auction, and never bid against me! * * * * * * * * More of my writings can be found on my blog at http://www.novosat.us/wp. About the Author Dean Novosat regularly attends local government auctions and participates online. Much of what he wins, he resells. He has several informative websites including http://www.buy-sell-gov-surplus.com and http://www.government-deals.com .

How to Make a Full time Income With Ebay Online Auctions

by Greg Willis

First let me tell you a little about myself. I'm an eBay Powerseller. I did about $100,000.00 in sales on eBay over the last year. I love eBay, and I regularly preach the virtues of eBay to my friends and family. I even gave out eBay gift certificates for Christmas! I'm also a student of the business. I like finding ways to increase my sales and grow my business. Believe it or not, I went to Barnes & Noble bookstore and dropped about $300.00 on eBay books. Now those were some hefty bags of books I walked out with! With my eBay experience and knowledge I decided to write an ebook about "how to make a full time living by selling on eBay". I researched my "eBay library" from the bookstore, and I searched the internet for other resources. What I discovered was a few things... First, the books from my collection of books from the bookstore were generally more out-of-date, and less practical from an entrepreneurial point-of-view in comparison with many online resources. The books contained a lot of valuable information, but often fell short where the rubber meets the road in terms of true money-making ability. The second thing I discovered was that the eBay opportunity is so huge, and so many thousands of people have found success, that many have already written excellent material that covered everything I was planning on writing and more! I'm not a lazy person; I could have written the book, but I decided my time would be better spent on other endeavors since I would essentially have been repeating the same information already written by others. In fact, since that time, I have written a book on a completely different topic. And with my ambition to spread the good news of eBay I decided to create a website to spotlight some particularly helpful resources. The reason I've written this article is to warn you that there is a lot of outdated information out there, and much of it that was never good to begin with. Before purchasing an Ebay "how to" book, please check out the author's credentials. The best Ebay books are typically written by real Ebay Powersellers--NOT by famous authors or internet marketers. The next thing I want to make you aware of is that there are many, many ways to make a full time income on Ebay. Some of them require more work than others. Some involve importing, others involve dropshipping. Some involve keeping a physical inventory, and others utilize virtual downloadable products. The ways of making money on Ebay are as diverse as Ebay itself. There are hundreds of categories, and a myriad of different types of people who shop Ebay. All this goes to say: find your niche. If you're new to the business, I do recommend buying a guidebook from a successful Ebayer, but if that author's system is not appealing to you, do not give up and decide it's not for you. Simply find another niche or another system that IS appealing to you. I hope this article has inspired you to find your own niche and join the millions who have already discovered a life of eBay success! About the author: Greg Willis is a veteran Ebay Powerseller who left his day job to go full time on Ebay over 4 years ago. You can read all his secrets and recommended resources at www.auctionsprofit.com

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