Make Money with Internet Auctions

Internet auctions are a popular way for people to buy and sell things they need. They can be a great way to get something at a bargain price or they can also be an easy way to lose money by purchasing something that’s worthless but that looked good in the auction. EBay is the grandfather of auction sites, the biggest and by far the most successful. Some people make a living selling things on eBay while others shop there before they purchase anything just to see if they can save some money.

Before you sell something on eBay consider how easy it would be to sell it locally and how much you might get for it. EBay charges a fee for you to list the item and they collect another fee based on how high the selling price is. If you want things like highlighting or certain features in your auction listing, those do cost more. And featured auctions that get the most attention carry a high price tag whether or not the item sells.

Most items that you might sell for a dollar or two in a typical yard sale probably aren’t suitable for eBay. What you would get from the item wouldn’t be enough profit over what you pay to listed to make it worth your while because you do have to consider your time. But if you’re unsure, look at the current eBay listings to see if similar things are for sale and how many bids they have.

If you go to the advanced search on eBay you can look at closed items. That’s one of the best ways to see what you might get for yours. If you’re considering selling an old book, for instance, search for it on eBay in the closed auctions and then you can see exactly what was paid for each one that’s already been sold on the site.

If they’re going for very small amounts you might be better off selling it on Craigslist or locally. If they’re selling for enough to make it worth your while to listed, be sure you put the name clearly in the title and make your auction listing easy to read and understand. And always include a picture because Internet auctions with pictures get several times more bids than those without them.