As we all know that online auction business is preferred by most of the people, many started to establish their own auction websites. Almost all kinds of people prefer auction sites, either to sell or buy products online.

As we all know that online auction business is preferred by most of the people, many started to establish their own auction websites. Almost all kinds of people prefer auction sites, either to sell or buy products online. Targeting people involved in online auction business, number of IT companies are involved in developing penny auction software with plenty of powerful and potential features. This indicates that the competition among them is really very high. They strive very hard to capture the best and constant place in the market, by satisfying their existing customer and also by attracting more number of new customers.

Most of the IT companies develop penny auction software using Object Oriented Programming in PHP and mySQL which is usually referred as LAMP ( Linux, Apache, mySQL and PHP ). The Penny auction software includes various features and functions like creating a new auction with in a fraction of seconds, managing auctions, managing bids from customers, generating transaction reports, generating discount coupons and configuring hot lists among other things and many more.

Generally, there are two kinds of auction which is carried on by penny auction software. One is regular penny auction and the other is Øuy Seatsauction. Buy Seats auction is nothing but a user must buy seats to participate in auction bidding. Site administrator has the complete control over the actions performed in the site like regulating auction steps, auction time and date format, incrementing bid, authenticating users and other parameters with admin control panel.

A penny auction software allows a user to place a bid on his/her desired product or item, the price of that particular item will be raised by certain amount, which is configurable and auction time is extended to a certain time, which is also configurable. Within the certain time, if no other bid is placed, then the user who placed the last bid wins the auction at his bidding price. Notifications of winning is given to the other users through their registered emails. Finally, payment options are provided to the winning user through many modes like credit card, debit card, Paypal And many more.

But the very important thing to be noted is …

If you were to look through eBay, or any other online auction site for that matter, you would find that many people make some very basic mistakes. And, they repeat these mistakes over and over again. As indicated in my book “eBay Marketing Wholesale SourcePak” with a little common sense these mistakes are completely preventable. So to prevent you from making these very same mistakes I have put together the Top Ten Tips For Auction Success.

10. Shipping

Always state what your shipping price will be. And, Do Not try to rip off your buyers by inflating the shipping price to increase your profit. Believe it or not, people do have a fair idea of what shipping costs should be. If they feel you are inflating your shipping price they will no bid on your item and may not look at any of your other auctions either from fear of being ripped off.

9. Customer Support
You must respond to all emails regarding your auctions. Yes, responding to emails is time consuming. But, if you don’t, that potential bidder will look else ware for the product and you will have lost yourself a customer.

8. Reserve Price
Do your research on the price for your item. If you must use a reserve price keep it real. If you over price your item you will not get as many bids. And, while all good marketers know there is a time and place for the Reserve Auction, you may actually get more bids using no reserve pricing at all. Do your research to help you make this decision.

7. Item Condition
You must let bidders know what condition your item is in. Is it new and in it’s packaging, or used but like new condition. Does it have any imperfections they should be made aware of.. A potential bidders will want to know what condition your item is in before making any bids.

6. Terms
This could come under the heading Customer Service. If you have terms
on your auction page that read something like this “Not Responsible For Item Once Shipped” or “Item Sold As Is” you will lessen the number of bidders for that auction. Be a responsible eBayer, have insurance on the item that your buyer can purchase. And be sure to have some sort of guarantee on your products.

5. Feedback
One of the most important parts of …

A property auction site can help you find and purchase a house or assorted valuable items that have been foreclosed on or seized. It is an easy way to find good prices without showing up for a series of public sales.

Are you interested in buying a house but find the price tags on real estate brokerage firm websites disheartening at best? Have you heard about public auctions of foreclosed homes but never gotten as far as even checking which day you should go down to some official building to see what is available near you? It is time for you to look for a property auction site to help you find the right home for you.

In addition to real estate offerings, many websites handling the sale of repossessed houses may also offer an array of seized assets beyond the square feet and acreage. Movies and television have taught us all that drug kingpins and mob bosses and other felons high on the criminal food chain surround themselves with items of incredible monetary value. State and federal law enforcement agencies do hold public sales at which you may hear the ever exciting, “Going once. Going twice. Sold!” If you feel that you can enjoy the purchasing process without that auditory experience, logging on might work well for you.

To some extent, a property auction site is a bit like eBay with a single, specifically defined category of sellers. This creates a distinct increase in the level of trust you can have about the origin of the items you purchase. Even if your newly treasured item did, at some point, fall off the back of a truck, it is fully legitimate now. You can enjoy it knowing that your ownership of it is one small part of the justice system punishing the bad guys.

The sculpture on your mantle, painting on your wall, or antique snuff box on your shelf does not constitute any kind of proof of crime-fighting skills. Still, the Rolex on your wrist, diamonds winking at your ears, or ruby necklace at your throat could be considered a subtle version of a superhero insignia. Perspective is everything.

In terms of foreclosed real estate, a wide variety of properties come available. Houses partway through the renovation process, recently renovated single-family residences, commercial buildings and land only lots appear on the listings of available acreage. Even if you are …

Am I the only person who doesn’t know what a 3 minute auction is? Looking for fresh content for my site, I discover that “minute … or even a 5, 10 and 30 minute auction is a popular item. Some

Am I the only person who doesn’t know what a 3 minute
auction is? Looking for fresh content for my site, I
discover that “minute auction,” or even a 5, 10 and 30
minute auction is a popular item. Some auction sites may
refer to a minute auction as a “Live Bid.” The “minute
auction” or “3 minute auction” actually comes the closest to
duplicating the excitement (and anxiety) of a real auction.
No, it is not the same as an Ebay minute auction.

I will give the example of Bidz.com. Bidz.com uses Flash
technology to constantly update in real-time auction bids
right before your very eyes! The price goes up, up, up and
the time clicks away … down, down, down!. Add flashing
green highlights for added new bids and red flashing for the
ominous approaching 0 minute and to say the least, it is
quite thrilling.

On the Bidz home page, there is a link that says 3-minute
auctions. This is a separate category all by itself. If
you click that link you are taken to the 3 minute auctions,
usually consisting of jewelry. (Note: See end of article
for “The 3 minute auction – too good to be true?”)

A word of caution: It takes a little finesse to bid at
these fast-paced auctions – and I mean FAST! You must be
EXTREMELY CAREFUL when bidding. The highest bid I came
across on my visit was for $1500. My advice would be to
practice on the dollar starting bids. Bids quickly escalate
to $15 and $30. In the words of BidZ:

“If you are bidding on items in the 3 Minute Auctions
category, you will not be notified if you are outbid. These
auctions move very quickly, so you have to monitor your
winning bids very carefully.”

Back on the 3 minute auction page of BidZ, what do you see?
From left to right: the product picture, the item number,
title, price, bids, and time left. The “bids” and the “time
left” are where the auction action is at. But just as its
nearing 0 minutes left, it jumps up to more time left – what
gives? …

Due in part to the … of the U. S. … of Housing and Urban … (HUD)’s home auction program, more … … than ever are buying homes at auction. Homes for auction

Due in part to the popularity of the U. S. Department of Housing and Urban Development (HUD)’s home auction program, more potential homebuyers than ever are buying homes at auction. Homes for auction aren’t limited to just HUD, however. Many government entities auction homes for payment of back taxes, and some homeowners even auction their homes on eBay.com!

Homebuyers considering buying a home at auction should take some steps in advance to help them with their bid price, and even whether to bid at all on a specific home. There will always be a degree of risk when buying a home this way, but with a little diligence, potential homebuyers could save a lot of money buying in this manner.

Before the auction, you should have your financing arranged, and have enough cash on hand or in your bank account to cover a deposit on your purchase. You need to check the features, location, condition, and ownership history first. Afterwards, be sure to learn what the property is worth by looking at sales of comparable properties in the same area. Compare homes with the same number of rooms is possible, but be sure to allow for price differences due to pools, decks, carpeting, window treatments, etc.

At the auction itself, resist the temptation to get into a personal bidding war, just “to beat out the other guy”. Have a set price limit and stick to it. Other houses will come along, and you don’t have to win the first auction that comes your way.

You should know that the price of a home at auction is typically the loan balance (if foreclosed), plus any back taxes owed, plus legal fees and other expenses in foreclosing the property. This will typically be the opening bid amount, and the price will go up from there. Even so, it’s possible to get a great deal in an auctioned house, with a little research and planning first.

Also, know that you probably won’t be able to get an inspection, and are buying the home “as is”. If you can’t do any needed repair work yourself, or can’t hire it done within your budgetScience Articles, you may not end up getting such …

Do you know what penny auction is? You can win, even if you only have a small offer. Penny auctions have unique rules. It’s not about how much you bid. If you meet the deadline, you are the winner. There are some unusual things that are for sale. Read this article to find out more about this type of auction.

You must have heard about penny auction, but do you have an idea of what it is or how it works. Yes it is an auction, but what is the penny all about? A penny auction, as most people looked at it, is the latest but most exciting form of online bidding.

So before we dig deeper into this process, let us first talk about online bidding. It is a form of auction done via the internet or the so called online auction. Like the traditional auction, it also requires buyers to bid on the auctioned item.

Nowadays, more and more individuals are putting up bidding site of this kind; in fact, the top auction sites are ebay, uBid, and Bidz.com.

Online bidding is now a globally popular activity on the net. More and more buyers search for items over the net, consequently, more and more sellers’ auction and offer items for sale on the net.

There are different reasons why online bidding attracts both buyers and vendors. One, it is relatively cheaper to auction items online as you don’t have to pay for rental fees, staff and other overhead charges. There are the site’s charge but that is nominal.

Second, you can easily offer your goods all over the world. And lastly, you can easily auction almost anything as long as it is allowed by the law. For buyers, they can have wider selections of the items they want and most importantly, the delivery is sometimes free.

Now, let’s talk about penny auction; what it is, how does it work and how does it differ from the traditional. First of all, it is just a kind of online bidding. Penny bid is also called bidding fee because a nonrefundable fee is usually required from a bidder before he can place his bid and join the buying.

How does a penny auction site work? Although different sites apply different rules, some basic rules are applied to all auction sites. Each bidders are required to pay a penny each time they …

Whether you realize it or not you may be giving your auction visitors a reason not to buy your product or service. And it could be just the smallest of issues that will cause them to think twice about purchasing from your auction. As explained in my book “eBay Marketing Wholesale SourcePak” you must remove these obstacles from your auction sales page so your visitors will become bidders. Below you’ll find some obstacles and how you can solved them on your auction page.

Is This Seller Trustworthy?
This is a question that all your serious auction visitors will ask themselves. As they do not know you they are going to want to check you out. But how will they do this? Well, the first thing they would look for is your feedback rating. Feedback is a way eBay allows buyers and sellers to rate their experiences with each other. If you have a stellar feedback rating your visitor will feel you are trustworthy. Your goal should be to increase your auction feedback and keep it positive.

Another way a visitor might check to see if you are trustworthy is to click over to your about “Me Page”. The about “Me Page” is a page you can create in your eBay account. It allows you to give your potential bidders some background information about you and your business. You can also include your feedback and other listed auctions on this page as well. This is where you have a chance to tell your potential bidder about yourself and your business, why he/she should buy from you. I would highly recommend you take advantage of this and create an about “Me Page” in your eBay account.

Also people may have questions regarding your auction. So you could get an email asking about your product or service. You should welcome this opportunity as a way to show your potential bidder you are a real person. Take this time to show your integrity, honesty, credibility, and expertise in your product or service. Include on your auction page an email link and tell your visitors that any inquires are welcome.

What About A Guarantee?
You always need some sort of guarantee for your product or service. Again it will help to show your visitor you are a trustworthy business person. Remember that your buyer assumes most of the risk here. He/she is buying from someone …

Experiencing the online Auction and only getting the best of auto bargains is what you have to expect. Buying cars through online auto auctions is probably the best auto deal you can make. Please Visit The Website To Find Out More.

The Benefits of Online Auto Auctions/Impound Auctions
People have been really benefiting by the new concept using auto finder web sites for Online Auto Auctions, which is really convenient and affordable for them. The entire process of buying a car at an auction/impound auction is all so convenient, which has eventually become a very popular way of buying cars. People can now give shape to their dream, of owning the luxury or sports car that they presumed was almost impossible to have . The consumer can buy the cars at a very affordable price if they buy cars from these auctions. Consumers have the privilege of owning the cars and paying the cheapest of prices. This has been the way in which the rarest of dreams of owning a car has come true.

The consumers, to avoid paying huge amounts offered by the dealers can buy from direct sources which sell at very reasonable prices unlike auto dealers. The dealers offer prices which include huge markups that are fixed , which make the price of the cars so very expensive for anyone to afford. Auto auctions are not only organized by dealers but can also be held by people who are interested in doing this. The dealers actually exploit the consumers by demanding amounts of money that are way much higher than the actual price of the car, and make them all the more unaffordable by the consumer. The consumer backing off from buying the car only needs to make a little effort and find a decent auto finder web site do some research about the auctions held, and the kind of cars being sold in those auctions, and then can go about actually owning a car.

The cars sold at these auctions are actually a collection of the cars that have been impounded and taken-back by the banks or police seized property . These cars are usually in very good shape and a great collection of vintage cars and also include cars which are the brand new models. These cars are auctioned in order for the banks to recover the losses incurred by accounts of several failures.

These …

This next car auction story is a little more painful to tell and to remember. One of my own mechanics was rigging auction cars for a used car dealer that was paying him on the side.

We are not sure how long this was going on but I can guess that this was happening for months. The mechanic stated he originally asked a dealer to buy auction cars for his friends and family. Which is a violation of the car auction rules. The mechanic claims that he was then approached by the dealer and was offered money to steer the dealer towards the gems in the car auction. This then grew into the car dealer talking the mechanic into creating gems for him. The way it worked was the mechanic would build a problem into the vehicle well before car auction day. The mechanic would disable the vehicle in many different clever ways to avoid detection. The mechanic knowing how the system worked would make the car appear to have major drive train problem even though it did not. Let me give you some examples. We caught him letting out the hydraulic fluid on the clutch system of a manual transmission vehicle. This would stop the vehicle from going into gear and would cause the vehicle to appear to have a clutch or transmission problem. The vehicle would then be pushed through the sale and bought by his dealer buddy. The mechanic would then go to this dealers lot and fill and bleed the clutch system thus restoring the vehicles full retail value. Another trick he was using was to put 2-cycle oil mix in the fuel system. This would cause the vehicle to blow blue smoke and you could only assume that the engine was worn and burning oil. We discovered this after he was caught on the first offence and the owner of a jaguar stated that his engine did not smoke until it was dropped off at the car auction. This vehicle was checked and diagnosed by the mechanic in question. We sent a fuel sample out and it was confirmed that just the right amount of oil was added to the fuel system to cause smoking but still let the engine run well. You can think of it as like a 2 stroke outboard motor that you mix oil in with the fuelPsychology Articles, it smokes …

Find a car from the given advertisements of branded cars. Participate in any online auto auction and get one of the best resolution from there. auction is such medium where you can interact with your favorite, expected car. Go to the collection of various brands to choose your favorite model from there.

Read the various types of articles related to auto auction from online and get the knowledge of branded cars from there. There are different types of car websites available in online. To start your research about the cars, you must have to follow any reliable car website, where you can get appropriate information related to any type of car. If you have any type of query about car, then you should have to follow the different car articles, reviews, current updates and advertisements of branded cars. By following these updates, you can get some idea about your most expected car. By this way, a business is created through the website, where different advertisements are given to catch the different types of customers. The people, who are interested to the cars, can easily fulfill their expectations and demands of cars from there. The car listings are also available through online to show the demos to the customers so that people can assume some idea regarding their purchased cars. In this process, a deal is created between the customer and dealer through online. Customer will be able to get the sufficient options from there and he/she can choose his/her favorite car from the huge and various collections.

Before purchasing towards your favorite branded car, you have to check the car properly through any experienced car specialist. You can get details information about your car from these car specialists and they will help you a lot in checking the car. Security is one of the most important part in case of buying a used car, because you should have to know about your purchased second hand car properly, otherwise you can meet any accident in future. To protect yourself from such types of issues, you must have to be aware and well-known about your car. For this reason, inspection is very much important and before buying it from showroom, you have to research about your purchased car properly through online. Vehicle identity check is the first criteria of vehicle inspection, otherwise you will not be able to get the license for …