SECRETS TO FINDING AN AUCTION:
It´s never a good time to get laid off from work, somehow it seems worse when it happens just before Christmas. While I left with a large severance check, and I could apply for unemployment, I hated it. I hated the whole idea of receiving something for nothing. Restrictions on what I could earn, and how long the income would last, just tore me up. I knew that it´s not so much as to what happens to you, but how you react to it that makes the difference. It became a full time job, just to find another full time job; it took eight months and happened only because I was willing to take a significant pay cut. It was during this lay off period that I attended a seminar on "How to make money with auctions". I attended one auction before I was back to work, but had a lot to learn. Prior to that, I had attended one other auction in my life.
As this was before my Internet days, the first thing I had to learn was where auctions were in my area. I had to ask myself how far was I willing to travel? Today I can attend a live auction almost any day of the week, and have been known to go a hundred miles for one. But back then, the closest auction house I found was about a half hour away. Each person has to decide his or her own limits. At that time I started with the yellow pages, and local Sunday paper, but today one just needs to go their favorite search engine, and enter the largest city near you, or the name of your state, and the word "auction". You can attend online auctions 24 hours a day, 7 days a week, but I prefer live auctions to buy; because I get more for the dollar spent. As this is an article about "How to make money with auctions", I feel it is important that you learn, "the less you spend – the more room you have for profit". At a live auction I can buy a truckload of stuff, for what one pays in shipping, for one item online.
Many of us think of eBay or Online Auction dot com, when we think of online auctions. These are great for individuals to sell their goods, but many auction houses are converting to online sales, or even running live and online auctions simultaneously. While some auction houses will ship your purchases (for a large fee), many others will have an auction online, but you go to a specific location, at an assigned day and time after the auction to pay for and pick up your goods. While one can pick up some great deals at these auctions, I still feel the best deals are found at the live auctions, in which everyone is gathered in a building or yard, bidding on individual items or piles of stuff over in the corner.