Online Education Degrees – Are They Valid?

If your life is simply too busy to pursue a college degree, there are still some options open to you. One of these is online education degrees. Now that the internet has become mainstream, the education industry has found its way into it. Every year many more colleges and universities create online coursework for prospective students. Now, nobody has to rely on the rigid scheduling of a traditional college; online education degrees have made it possible for people to further their education without having to turn their life upside down.

What Makes Online Degrees Superior?

First of all, the types of degrees available online are nearly as equal to the variates available at brick-and-mortar schools. Actually, even some of the students who already attend a physical college are making the choice to take advantage of their school’s online courses. Classes that were once hard to get into are now wide open to many students through the power and vastness of the internet.

Online education degrees are a great alternative to traditional universities that have rigorous acceptance standards. If you do not want acceptance obstacles to stand in the way between you and your education, internet based coursework is the answer. Many online programs do not have a cap on the number of students they can enroll, making this education route yours for the taking.

Do Not Forget to Research

Many online education degrees that are available do not always have accreditation attached. Institutions that are accredited are extremely important in terms of all eduction venues, online or otherwise. This is why you must research any college you are considering in order to ensure it has established its accreditation. You do not want to put in time and money into an education pursuit just to be left with a degree that is virtually worthless. Take the time to prevent this disaster before it happens.

The Downsides

Nothing is ever 100% positive; even the best programs for online education degrees have their flaws. The biggest problem with distance learning is the subject of time management. Because people tend to be bothered by various distractions during the day, if a student is not disciplined, they can easily fall behind. This is why online educators suggest you make a schedule for yourself and follow it. So if you are a procrastinator by nature, you really need to carefully consider the online study option. Perhaps a mix of classroom time and online time may be more appropriate.

The Misconceptions

Some people falsely believe that people who are in programs for online education degrees do not get to experience enough communication with their instructors and fellow students. However, education programs online have created chat rooms and posting boards that allow everyone to remain in constant contact. On the upside, a lot of people actually find their online education experience peaceful as they do not feel the pressure of being surrounded by their peers while being put in the spotlight during a classroom lecture.

The Real Truth About Home Based Business Resources

In lieu of the rapid growth of the Internet, different sites describe quick and easy ways on how one can build a business and how entrepreneurs can make sure their businesses will stay on top. Unfortunately, not all of these websites are credible as sources for home based business sources. Some of these sites are merely there to attract potential businessmen into schemes that they might not get out of easily, or more often than not, these sites are a facade to a virus spreading program. This is distressing because a lot of potential businessmen have great ideas, and these ideas are wasted. What these entrepreneurs do not know is that the most important resources regarding work at home businesses are three simple things: manpower, capital, and education.

One of the main home based business resources is manpower. This is important because with work at home businesses, there is virtually no manpower needed, except the boss at the top. If ever the need for manpower arises, there will be available volunteers such as friends and family who will be willing to help out without anything in return. Capital is another resource that you will need. The importance of capital comes in when one surmises that a capital is as important to a business as fuel is to a car: It will not run without it. Fortunately, being home based, these kinds of businesses do not need that large of a capital, and since the business is home based and the only outsourced object are the raw materials needed. Last but not the least is education. The importance of this weighs more than the first two put together because, without education, the business was built to crumble. A potential businessman should educate himself for the sake of his future business endeavour.

Other sites regarding home based business resources boast of many concepts and ideas on how a business should bloom. These three, despite being simple and cliche, are truths, and these are everything a man needs to be a good businessman.

Starting a Home Based Business – Step One

STEP 1 to consider when starting a home based business!What to market! What to sell! What to offer!The very first step to take when Starting a Home Based Business must consist of deciding exactly what you want to market … your niche (one of the computer buzz words) for finding your spot – your focus – your product or your service in the vast array of things to sell or market online.It is always best to choose something you have an interest in – a hobby you might have or something you are truly passionate about. Maybe even products or services you use every day that you want to share their benefits with others by marketing them online.One of the first things to help uncover what it is you want to market is to make a list of ALL the things you are interested in. Hobbies you enjoy; the fun things you like to do; the things you would do anyway – even if money were not an object or not your motivator for wanting to have a home based business. Things that you have passionate interest in and that you want the rest of the world to know about!Sit down with pencil and paper and just write non-stop! Write down all your ideas. Write down everything that comes to mind – even if you think it is silly, ridiculous or way-too far-out! Let your list sit for a day, then come back to it, read it and write some more. Add more ideas to your list. Do this for three or four days. Do not cross anything off the list until Day 5, then go through your list and put a Y (for YES) or an N (for NO) next to each of the items on your list…keeping only the ones you really feel you would do with or without compensation.Now that the ideas are narrowed down ideas – how does one go about deciding what to market … what niche to focus on … what product or service to sell or promote?As with any business – you have to be passionate about what you are doing … for without passion there is usually no ‘stick-to-it’ when the going gets tough (and yes, there will be tough times as well as fantastic times) in any business you choose to start. It is to your benefit to be doing something that makes you happy, otherwise you will not be willing to spend the time that is necessary to start and/or build a truly successful home based business.You have to be interested in what you are doing in order to successfully build your business. Whether it is a brick and mortar business or a home based business – liking and loving what you are doing is paramount to your success. Love what you are doing – Love what you are selling – Love what you are promoting – Love the service you are offering – Love it totally and Completely because it (your niche) will be your best friend for 24/7 – 365 and you had better love your new best friend — as long as you are looking at this endeavor as a life-long, true commitment!Start write now to make your list.

Expect to Pay to Start Your Home Based Business

Any good, reputable, home based business company is going to expect you to pay a start up fee. Usually that start up fee is going to get you a starter kit to help get your home based business going. For example, Spicy Home Parties is a Home Based business that gives girls the chance to sign up as Distributors/Reps/Consultants. Upon signing up they are expected to pay either $200, $400, or $900 depending on what commission level they want to make. Those amounts are going to get them Kits in which they will sell from, and use as their product displays. In these kit they are given Catalogs and Order Forms and RSVP Cards. They are supposed to take theses materials that they just invested in and go consult home parties; in other words they are to go sell products to women in a direct selling atmosphere. If the Rep takes her business seriously and treats it as her profession she will have no problem making the money she invested back within 1 to 2 parties and everything from that point on then becomes profit.A smart Home business owner will put half their profits into a separate bank account to use for business expenses. I will use Spicy Home Parties as another example. Business expenses may be things like buying more catalogs or order forms, or starting a merchant account to be able to process credit cards in house, or maybe you want to buy a few more products to add to your kits display. Those things are fairly inexpensive and that’s how it should be. Once you pay that lump sum to start your business you should not have to pay a large amount like that again for your business unless you choose to do so. That is the difference between a good home business company that is not trying to scam you.You should beware of those companies that advertise “no start up fees!” That just means there are hidden fees along the path, and many times they will break the bank. If you are serious about starting a Home Business expect to pay some sort of start up fee. It’s like investing into your own business. There are plenty of people in the world that use their Home businesses as their sole source of income and they are making a good income at that. You can take what you have started as a small part time home business and turn it into something huge within just a few years if you a wise business person. Home businesses, I feel, are the best way to go if you are a self motivated person that wants to work for themselves and make up their own work schedule. I will refer Spicy Home Parties to any women, single mother, housewife, etc. The money is great, its a brand that is in high demand and the prices are what consumers want them to be which makes them more apt to buy.

Turn Ideas For a Home Based Business Into Reality

If you are looking for good home based business ideas, you will probably quickly become confused by the amount of choice available. Now, in many areas, choice is a good thing, but if you have too many businesses to choose from, you can suffer from information overload.1. Buy and sell products on eBay. You can start by selling things you have around the house that you no longer need. Once you have mastered the techniques required to use eBay, you can join the ranks of those people who have made big money in this market. If you want to learn the ins and outs of a home based eBay business, you can make as much money as you want.2. Sell information products online. Because people go online looking for information every day, this offers an opportunity for you to start a home-based business providing it. If you concentrate on products that solve people’s problems, you will never run out of customers to sell to.3. Become an affiliate marketer and sell other people’s product. This is a very popular home business idea, because all of the products are provided for you.As a matter of fact, virtually everything you need to succeed is provided for you by the affiliate merchant. Your one primary job is to promote your affiliate website, and get traffic to it. Every time you make a sale, you will earn a commission.4. Start a network marketing business, and turn it into a worldwide enterprise. More traditionally, names like Avon and Amway were associated with multi level marketing. Today you can have a worldwide MLM business without ever leaving your front door. By using the Internet, you can create a very large distributorship, and make unbelievable amounts of money doing it.5. You can easily start selling products with private label rights, getting your work from home business going very quickly. You can join a PLR membership site and have access to products you can claim as your own. One thing many business people do is to alter the product slightly to make them unique. These products give you something excellent to sell and make money on, without having to come up with unique ideas of your own.6. Provide a service to other Internet marketers. There is a tremendous potential to create a home based business around doing work for other Internet business owners. You could look at helping get blogs started, creating blog articles, designing websites, and helping with software and graphic creation.Every one of these six home based business ideas are something you can start today. You will not get rich overnight, but you can develop your home based business into a profitable one, and make more money than you ever thought possible.

How to Avoid Capital Gains Tax and Inheritance Tax on the Transfer of Property to Children

Capital gains tax. Lets look first at the capital gains tax position of a transfer of property. On the assumption that the parent is UK resident and domiciled any transfer of property will be subject to UK capital gains tax. You’ll therefore need to calculate the gain arising and crucially to consider the offset of reliefs to reduce this gain.It’s worth noting that the residence of the child is irrelevant for UK tax purposes. Therefore, even if they are tax resident in a tax haven, the UK resident and domiciled parent will still have to consider their own capital gains tax position.As parents are classed as ‘connected’ with their children for capital gains tax purposes, any transfer from the parents to the child is treated as a market value transfer. As such, even though the children don’t pay any proceeds to the parent for the property when calculating the capital gain it is the market value of the property that needs to be considered.The gain will therefore represent the uplift in value from the date of acquisition or probate value to the market value at the date of transfer. Note if the property was acquired before March 1982 there are special provisions that can apply to deem the cost to be the market value at March 1982.What reliefs are offset?It is the reliefs that can significantly reduce any capital gain. The main reliefs that any parent would be looking to consider to reduce the capital gain would be:
Indexation relief if the property was acquired before April 1998. This adjusts the cost (or probate value) for the effects of inflation up until April 1998
Taper relief. You’ll need to consider what type of property it is. If you’re looking at transferring a residential property it will nearly always be a non business asset. This will reduce the capital gain by up to 40% if you’ve owned it for at least ten years. Ownership of less than this will qualify for a reduced rate of taper relief (eg ownership of 5 years will qualify for taper relief of 15%) dependent on the period of ownership above three years. So three years ownership qualifies for 5% relief, four years for 10% etc.If however the property is either a Furnished holiday let or is used for the purposes of a trade (eg it is a shop, office or factory that is transferred and it has been used by a trader) it will qualify for at least some business asset taper relief. This can be very beneficial as maximum business asset taper relief can reduce the gain by 75%. So if you’re looking at transferring a business asset the gain is likely to be significantly reduced.

Gift relief. If a property is used for the purposes of the parents trade or their trading company they may be able to claim gift relief. This allows a deferral of the gain arising (provided the child agrees!) and allows the parent to pass the property to the child free of capital gains tax. The future disposal of the property by the child would then crystallise the deferred capital gain.
Annual exemption. If the parents own the property jointly the humble annual capital gains tax exemption should not be forgotten. It allows each individual to exempt (currently) £9,200 of any gains from capital gains tax in each tax year. So if the parents had no other capital gains, the annual exemption could ensure that a gain of around £18,400 was fully exempt from tax.
Other capital gains tax exemptions such as rollover relief and the EIS deferral relief would not apply as there are no disposal proceeds!Non UK resident parentsIf the parents are non UK resident and non UK ordinarily resident they can transfer UK property to their children free of CGT subject to two caveats.
Firstly this doesn’t apply to any property that is used for the purposes of a UK trade. Therefore if you run a UK business and use the property for that business you can’t claim the CGT exemption even if you’re non UK resident.
Secondly if you own the property at the date you leave the UK you’ll need to ensure that you remain non UK resident for at least five complete tax years to avoid UK capital gains tax. If you come back before the expiry of five tax years the capital gain will be charged in the tax year of your return.
Non UK domiciled parentsIf the parents are UK resident but non UK domiciled they can transfer overseas property to their children free of capital gains tax. This applies irrespective of the residence and domicile status of the children. If the property was UK property this exemption would not be available and the capital gain would simply be charged as usual. Form of transferIt’s important to note that the transfer needs to be of the beneficial interest in the property. This does not necessarily tie in with the legal interest.This means that if you wanted to transfer the property to your children you could transfer just the beneficial interest and retain the legal interest, or transfer the legal and beneficial interest together. If you transferred just the legal interest and retained the beneficial interest there would be no effective transfer for Capital Gains purposes and you’d still be treated as the owner of the property in law.It can sometimes be easier to just draft a deed of gift and arrange for the beneficial interest to be transferred.Inheritance taxAny transfer at undervalue from the parents to the children will usually be a potentially exempt transfer (‘PET’) for inheritance tax purposes. Again I’m assuming initially that the parents are UK resident and domiciled.So in the case of a gift of the property the full market value of the property will be treated as a PET. If the children were to pay some of the value to the parents it would only be the difference between the market value and the amount paid that would be a PET.With a PET there is no immediate Inheritance tax charge on the parents and provided they survive for at least seven years from the date of the transfer the amount gifted would be excluded from their estates for inheritance tax purposes.Note that the residence and domicile status of the children is again irrelevant.Non Resident parentsNon UK resident parents would have no impact on the Inheritance tax position, and the transfer would still be a PET for inheritance tax purposes.Non Domiciled parentsIf the parents are non UK domiciled they can transfer overseas property to their children free of any Inheritance tax implications — irrespective of whether they survive for seven years or not. UK property is unaffected (unless it’s owned via an offshore company) and non UK domiciled parents would still be classed as making a PET on the transfer of UK property to their children.Gift with reservation of benefit rulesIf the parents make a gift to the children and retain a benefit in the property transferred there are special anti avoidance rules than can ensure that the property is not classed as a PET for Inheritance tax purposes.Instead the property remains within their estate for Inheritance tax purposes until the benefit ceases. This could apply for instance if the parents continue to live in the property, of if they continue to benefit from the rental income obtained from the property. One way that they could get around having the property still in their estate would be to pay the children a market rate for the benefit that they get from the property (eg market rental).Stamp duty Land TaxUnless the property is mortgaged the parents should be able to transfer the property to the children free of stamp duty providing it is a genuine gift. If there was any proceeds payable to the parents this would then be classed as ‘chargeable consideration’ for stamp duty purposes and a stamp duty charge would need to be calculated.Note that if there is a mortgage or any other form of debt that is transferred from parents to the children with the property this would also be classed as ‘consideration’ for the purposes of stamp duty.

Tips For Hiring Better Property Management Company

Management of property is not an easy quest. Especially for those who have more than one property, managing of their assets become really a difficult tasks for them. In this case property management companies plays vital role. Their services have made the task of the landlords and property owners simpler and easier. These day people are so busy with their own work that they hardly get time to look after their property. So most of the landlords hire the services from the management companies to maintain and retain the charm of their property.

Before hiring property and management companies it is very essential to known the general facts about that particular company.

Find out whether the company is government registered or not. If not it is advisable to avoid the company and hire only government licensed company. It is because at any point of time the relation goes bitter of the company cheats you, you can fight for that according to the laws.

Collect the name of atleast four to five government registered companies and personally visit their offices. Get the information about their function ability and about their maintenance charges. Make sure you collect full information about each and every company you visit, so that it will be much easier for you to hire the best one.

Make the agreement with full documentation and outline how to terminate the contract if the relation goes bitter. Also decide the penalty liable to be paid by the company in case the relation breaks away. (The same case will also apply for the landlords).

Make everything clear about the charges that particular company is going to charge for property management. About the maintenance and marketing works and the percentage of charge the company will be charging from for placing rentals in your apartment or vacant room.

Make sure that the company gives you details each and every month about the maintenance, room rents, rentals staying in the apartments of the building, etc. This will keep you well informed about what is going on in your property.

Property management companies have several talented and experienced property managers. Make sure that your deals, expenditure, maintenance records, etc are maintained by one rental property manager. Make sure you build friendly relation with your property manager so that at any point of time you need the information about your property, he/ she would provide you the details without taking time.

These are some of the basic things that need to be taken care of while hiring the services from the rental management companies. These above tips will really help you to find the better PM companies, which will help you to make some good income from your property or assets. To keep the charm and flow of income from your property it is very much essential to hire the services from the professional rental management company.

Three Secrets For Effective Pay Per Click Advertising Campaigns

Even though many people have tried pay per click advertising with Google AdWords, many advertisers find it unproductive and ineffectual. Frequently, though, advertisers’ campaigns fail not because PPC advertising doesn’t work, but because their pay per click approach is flawed.

In this article, we will identify three methods that will increase the click-through rate, the conversion rate, and the overall effectiveness of pay per click advertising. By implementing these approaches, an unsuccessful campaign can suddenly become the most valuable component of a company’s marketing program. Of course, missteps can lead to failure, so be certain to engage professional PPC management assistance – if necessary – to ensure your company’s pay per click program really clicks.

1) Get Organized

As an example, consider a surgeon who wants to promote her bariatric surgery program. She knows that prospective patients use a variety of terms to refer to the type of surgeries she performs: “gastric bypass,” “lap band,” “weight loss surgery,” etc. However, creating a campaign that bundles these search terms with the same ad is likely to fall flat. Why? Because, successful PPC advertising needs to precisely target a user’s search terms. Therefore, if a prospective patient enters the term “bariatric surgery,” and an ad appears with the headline “Gastric Bypass,” the user is more likely to skip the ad until he or she finds an ad with the words “bariatric surgery” in the headline.

To address this issue, advertisers need to create multiple ad groups. For instance, it makes sense to have a bariatric surgery ad group, a weight loss surgery ad group, a lap band ad group, a gastric bypass ad group, and so on. And for each ad group, the advertiser will need an appropriate set of keywords to trigger the ads to serve. Yes, this kind of specificity is labor-intensive. Yes, it requires a great deal of time, effort, and thought. However, this kind of specificity is an essential ingredient in developing an effective PPC advertising program, and it’s the kind of advice that a knowledgeable provider will prescribe as part of its pay per click services.

2) Take Advantage of Banner Advertising

While most of us think of pay per click advertising as Google AdWords, paid search includes a wide range of advertising options, including banner ads. These are the graphically-designed advertisements that appear on the top of websites or nestled within the content of certain sites. They usually include imagery, graphics, and can even include animation.

Many people assume these ads are sold by the owners or proprietors of the websites in which they appear. Sometimes, that is the case. However, more often than not, these ads appear in space that is “rented” by Google and other pay per click advertising placement companies. In these instances, the ads serve to users based on the keywords the advertiser has identified as relevant to their product or service. For example – returning to the bariatric surgery example – an ad for weight loss surgery may serve to users who are visiting a site dedicated to diet, nutrition, and weight loss.

Typically, banner ads generate far fewer clicks than their text counterparts. However, that’s not necessarily a bad thing because banner ads can reach many more internet users without incurring any cost. Remember, pay per click advertisers only pay when an internet user clicks on their ads. So, if an ad serves to thousands of users and no one clicks on it, the advertiser pays nothing. Still, thousands of prospective customers see the ad. In this regard, banner advertising can be an effective way to build brand awareness at a very affordable price.

3) Monitor, Modify, and Maintain Your Campaign

A pay per click advertising program that is effective today can easily become ineffective tomorrow. That’s because the competitive environment is constantly changing. New advertisers enter the arena. Existing advertisers change their bids. And website content changes which can influence the relevance and quality scores of ads. To implement an effective PPC program, be prepared to closely monitor, frequently modify, and diligently maintain your campaign. In particular, pay attention to which ads generate the greatest number of clicks and the highest click-through rate. Evaluate which keywords are most productive, and be prepared to increase the necessary bid for these terms.

Also pay attention to irrelevant keywords that are generating clicks on your ads. In these instances you can specify “negative keywords” that will not trigger your ads to serve. As a result, you won’t pay for clicks from users who are unlikely to purchase your products and services. Bottom line, a pay per click advertising campaign is a dynamic thing that requires constant attention. For this reason, many advertisers rely on a professional pay per click advertising agency. Of course, if you elect to utilize a PPC management service, make certain your agency monitors, modifies, and maintains your campaign with the necessary level of attention.

If you have tried pay per click advertising, e.g. Google AdWords, and been unimpressed with the results, perhaps you need to consider the quality of your effort in addition to the media itself. Pay per click advertising can be a highly efficient, extraordinarily effective advertising option. Just be certain to remember the three “secrets” described in this article. And you PPC advertising will start to click.

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.