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Looking to Sell Your Home? Here’s Why Should You List it Online!


The motivation in selling a house is difference between a real estate agent and a homeowner. Homeowners want to look out for their best interests, so they are not in a hurry to sell their home. On the other hand, a real estate agent wants to sell a home as quickly as possible so they can get the commission. In so doing, they do not always wait for the best price. Given this, many homeowners try to sell their homes by themselves. The term in the industry for this method is called FSBO or For Sale By Owner, and one of the methods to do this is by listing their homes online. There are many positive benefits to online listing, but as always, it is best to remember that there are two sides to a coin.

More resources working to a homeowner’s advantage

Aside from the usual listing, pictures of the home can be posted. Homeowners can also access the Multiple Listing Service or MLS, which used to be available only to brokers. This is a marketing tool that allows listings to be shared with other online agents, which can match up sellers and buyers faster. Homeowners can use this service by paying a fixed fee.

More control over the process

An online agent’s site normally allows the seller to exercise control over how the property is presented, following some basic guidelines. The owner can post a large number of photos to show their house especially the main features, in different angles. It effectively eliminates a personal trip to the actual home. Homes with plenty of photos and a virtual tour gather a higher number of views, increasing the potential of getting prospective buyers. The owner can chat with interested buyers, exchange emails and receive updates through the website’s dashboard. They can arrange viewing trips quickly and deal with prospective buyers directly.

Here’s a tip: Make sure that your house is clean, tidy, and looks like it’s a showroom. Potential buyers will be more enticed to set an appointment when they already have an idea of how the place will look when they move in. Websites like Perfect for Home can help you in deciding which appliances to take out and display when you take your pictures.

Professional agents’ advice and support

Listing with an online agent gives the seller access to professional broker’s advice and support. They can receive advice on offers received, negotiating for a better price and other real estate selling tips.

Big savings are on offer if you list your home online, as 45% of a property’s selling price goes to the real estate agent. By taking control of your moving your home, the decrease in commission goes straight to your pockets.

Also see: The Do’s And Don’ts For Seller

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Top 5 Tips for Selling Your Car at an Auction

top-5-tips-for-selling-your-car-at-an-auctionSelling your old car at an auction is one of the best ways to get a good profit out of it. People who buy vintage cars at an auction are willing to pay huge amount of money especially if they are really interested in the car on sale. The only problem is that there are a lot of other cars that are on sale during an auction. You need to make sure that the car you are selling will not just be chosen, but be bought at a high rate. There are a few things that you can do to ensure that it become a positive endeavor.

1. Look for the best auctioneer.

Before even thinking about how to present the car, you need to find the right place where it can be sold for auction. It must be a reputable company. They must also have low commission rate if the car is sold. You must also not be asked to pay for large fees. Otherwise, even if you have sold your car at a good rate, you will still end up with less considering the amount taken away from you. Another way to ensure that your car will be sold at a good price is by reading testimonials or reviews made by other people. This will give you an idea on how many people joins the auction and if they have sold their cars at a good rate.

2. Compile all the documents.

Buyers want to buy an old car only if all the documents necessary are there. They won’t be the first owner of the car so they want to make sure that they will not get into trouble once they have decided to buy it. You should also compile all documents containing the service history of the car. This will give them an idea on how many times the car was repaired or what parts were replaced. It is better to tell these issues upfront.

3. Clean the car thoroughly.

Though they are buying an old car, they don’t want to buy something that looks really old. They want to feel as if they are investing on a brand new car. Thus, you have to take time cleaning the car. You can use a power washer to remove dirt on the surface. It is so powerful that it only takes a few minutes for you to have the entire exterior cleaned. Even the dirt that got stuck for a long time and is difficult to remove will be gone in just a few seconds. If you don’t have one at home, reading power washer reviews can really help you decide what type to get based on your needs and budget. Remember, a power washer is an investment for your home as it can be used for plenty of other things beside cleaning your car.

4. Be there during the auction day.

You might not be required to go there on the actual auction day, but it would be faster to sell the car if you do. Buyers have a lot of questions and you are the best person to answer them all. You can even convince them more if you are physically present to sell the car to them. You just have to place yourself on their shoes. It would be easier for you to decide buying an old item if you can ask the owner directly all questions that bother you. It makes you feel more complacent.

5. Give a detailed description to the host.

The success of auctions depends on the host. He must have a great voice which is compelling enough to the potential buyers. He must also have a sense of urgency when talking. However, even if the host does everything to sell the product if there is nothing good in the description, then people will not be convinced. Therefore, you have to describe all the details that will be read by the host. Make sure that all the positive qualities will be highlighted. With a few minutes of describing the car, the buyers must feel like they have already driven the car. This could be your edge against other people selling their car.

Your car may or may not be sold during the auction. It would be great if you earn a few pounds more than you expect. Therefore, it helps a lot if you place efforts in making the car more presentable. After all, this is like a competition. You don’t want to end up last in a sea of stunning cars that potential buyers are excited to bring home.

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The Do’s And Don’ts For Buyer


Discovering a marvelous treasure by itself is a great paragon. Buying of antiques at online auctions continue to be a fervor for many. But there are a lot of fringes attached when it comes to buying at online auctions. A few factors that come in handy while buying during an online auction include determining the monetary estimate. It is a suggestion of how much the auction material is worth for. When there is a huge demand for the item among the people, the price may escalate and when only few are interested the price can be pinned down.

Conduct a vast research and source as much facts possible about the auction material before the commencement of the auction. All information must be interpreted judiciously in advance. Getting the queries answered from the auction house and collecting pictures of the item are most vital steps. The other mandatory checks include the origin of the item, its artist, dimensions of the item and most imperatively the quality or condition of the item. Make a pick on the maximum limit before the commencement of bidding. Do not get emotionally attached with the item and endure bidding to the previously set limits.

The Do’s And Don’ts For Buyer

Make an estimate of the additional charges before the bidding begins. 15 to 25 per cent commission is usually charged by the auction houses and 3 to 5 per cent is charged by the online bidding platforms. At further higher costs, bidding via telephone might prove to be a reasonable option. The process of bidding at certain online platforms continues to run over several days. This might increase the prices at a massive level as the bidding approaches its deadline. By the last few hours of the last day the prices soar high. Make the payments quickly and arrange for safe transportation of the item.

Read also Online Auctions – A Deeper Insight

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Online Auctions – A Deeper Insight

online auction

An innovation that came through with leaps and bounds of technological boom is the execution of online auction with the help of specialized auction software. Each one becomes a bidder provided they have an access to web. Highest bid price for a chosen item wins the online auction. Online auctions are conducted for days together. Hence, the time of placing the bid does not matter whereas the highest amount placed as a bid wins the auction. Online auction sites are only referred to as middlemen and they are not the original seller of goods. They act as a facilitator for the transaction to take place.

The sequential process involved in an online auction includes the registration of either the buyer or seller with the online auctioning website. The seller builds a listing for a specific product and inaugurates the auction. The seller also stipulates the duration of the auction and the minimum bid price. A buyer who looks out for a particular item through the listing states the maximum amount as a bid. This amount has to be comparatively higher when compared to the previously existing bids. The software begins bidding by taking into account the lowest amount necessary to put up the highest bid and the software never reveals the maximum amount mentioned by the bidder.


At the completion of an auction, the highest bidder and his winning bid is informed and requested for payment. The winner of the auction pays for the product. On receiving the payment, the seller transports the product to the buyer. The auctioning website precedes the payment to the seller and collects a small percentage as processing fee. Thus on the close of the auction, the buyer obtains the product of his choice, the seller receives the payment in return, the website receives a processing fee and both the buyer and seller provide a feedback about the auction.

Read also Specialized Online Auction Software – You Can Make Use Of

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Specialized Online Auction Software – You Can Make Use Of


Like any other distinctive event, an online auction also involves concrete preparation and a reasonable amount of operation time. Numerous worthy online platforms will conduct and accomplish the online auction in a sequential manner. Proxy bidding is the most common method that is being followed by many online auctions. It serves the purpose of a confidential representative in a live auction. This method works on behalf of the bidder. When a bidder enters the maximum price for a chosen product in the auction website, the proxy bidding tool starts bidding for the bidder. It increases the price by small margins essential to win the product keeping in mind the bidder’s maximum price.

Silent Auction Pro, a multiple user web based auction set up, is often used to conduct online auctions for benevolent fundraising organization. It is also used at schools, churches and service clubs to conduct auctions in order to raise the revenue generated. This software manages, organizes and has access to the event data with protective real-time features. Merkeleon on the other hand offers an online dealing platform with multiple sellers. It facilitates trade and stock market auctions and provides unique solutions. It also allows the conduct of penny and unique bid auction.

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Rain Worx, a universal dealer for online auctioning software offer vending businesses to unite and serve their own market. This software enables both regional auctions and charity based auctions. It allows third party merchandisers to publicize their items. It helps with the management of bidding options, invoicing and buy now option. On gaining a deeper insight, make relevant choices about buying or selling at online auction. A good online auction is created through meticulous planning, cautious operating procedures and with the use of great tools.

So make use of these online auction tools discussed above and choose one that perfectly meets your requirements.

Read also The Do’s And Don’ts For Seller

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The Do’s And Don’ts For Seller


Being a seller, you must take maximum care while choosing categories for sale. Conduct a thorough study of the auction site and list down the product categories that would perfectly suit the situation. From the list of many, narrow down choices to the most appropriate item. Choose items that serve to be the need of the hour. Expand the research process by several folds about the auction site, its terms and policies, availability of similar products and their prices. Then decide up on a lowest starting price as they are more probable to be bid foremost.

The success depends on the time and the day chosen. It’s always preferred to finish an auction during peak periods of the day when individuals stay at home like on a Saturday or Sunday between 5 to 10 P.M. Identifying a niche would make huge profits for the seller. Unique selling products have to be focused on for the bidding. Make sure information about product shipping, handling measures and payment methods are disclosed honestly. Keep shipping charges to the lowest limit to lure individuals. Varied payment methods guarantee more bidding. In case of payment through a bank cheque, make sure to ship the product after the clearance of cheque.

Include several photographs of the auction material to make the buyers feel secure. Photographs speak volumes about the material than a comprehensive description. Continue to bold and highlight the titles of the auction material in the features column to enable a distinguished status to the item. With the goal being selling the item, choice of words should sound convincing. Use of influential words for advertisements like rare, designer, easy to use, wallet friendly will do the magic. Make sure the right descriptions about the product are spelt out fittingly. Sell products with a personal touch. Don’t forget to answer to emails and questions quickly and politely.

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Discussing The Merits Of An Online Auction


Online auction has altered the routine by which the buyers purchase the merchandise. Amidst the several advantages of online auctions, removal of the location barrier is the foremost. Individuals take part in the online auction from different locations and at flexible times through an internet connection. These online auctions also feature an exhaustive list of information about each product. It saves a lot of time by allowing the buyer to participate in the auction by the click of a mouse. It saves money by elimination of the travel cost that occurs in case of reaching an auction spot.

The auction website offers ample product choices for the buyer through different categories and subcategories. This enables a quick search and identifies the appropriate product of interest. Online media allows to instantly declaring the results devoid of any time delay. It continues to update the bid amount as and when new bids are placed. The time for bidding count down is amplified by 30 seconds after every new bid is placed. This provides an equal opportunity to all bidders. The bidder has the opportunity to compare and contrast the product price and its value with its competitors. So an online auction provides a win-win situation for both the seller as well as the buyer.

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