2009
Invest without losing
Invest Without Losing
Heard of eBay? Who hasn’t? Anyone who has even a minimal amount of internet searching under his or her belt has heard of what is becoming iconic in our world. We have turned the site into a verb even. Mothers claim to be eBay-ing their daughters’ prom dresses. Men talk about eBay-ing in the evening, buying and selling at will. However, to the inexperienced person, eBay seems daunting and scary. Surfing it brings pleasure, but the fear of selling can paralyze the average e-Bay surfer. Thanks to some smart businessmen, those who wish to take advantage of the business investment opportunity available through online auctions no longer have to know how to sell. They just need an e-mail address.
Online brokers are quickly becoming a great way to sell items. The typical broker will take care of everything from listing an item to finalizing the purchase. Those looking for the business investment opportunity of online auctioning just needs to contact the broker and give him the necessary information about the product.
The typical broker will cost a seller some money in fees, but those with great reputations also have the potential to acquire a higher price for an item than a regular, unknown Joe would online. Typically a broker will have requirements. For example, many require a minimum value on the sale item. They will not sell items worth only a couple of dollars. Additionally, they will require a maximum day limit so the auction has a definite ending.
Broker fees will vary depending on both the broker and the sale price of the item. Many times, the higher an item sells for, the less percentage a broker will take. The broker should present a fee schedule so the seller can see how much the broker will take off the top. For example, if an item brings a lower amount of money, the broker will take as much as 35 percent of the profit. If it brings a larger amount of money, he will take as little as 5 percent of the profit. The broker should present a fee schedule to the seller when the seller contacts him initially. If he does not, then the seller should ask for one specifically.
The world of online brokers has revolutionized the online auction world. It has given the average Joe a great business investment opportunity, because just about anyone can market his or her product to the world, literally. Reputable brokers will maintain a high rating and reputation in the auction world, and thus the average Joe does not have to worry about doing so himself. He can just let his broker work for him while he seeks out some great products. He can spend time doing what he enjoys most: finding those quality products and taking advantage of great business investment opportunities.
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