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Posts Tagged ‘Bidding Price’

A Real Estate Auction as an Investor

June 28th, 2012 2 comments

I am getting sick and tired of all these unmentioned properties in my area. If only the banks would just adjust their prices then their messes could be cleaned up in a responsive fashion.

The lenders out there will have to learn to take the bite. Do not worry they are very creative and will get their money back from you another way.

Many prospective home buyers and investors have been trying to get great deals at auctions. I wonder why banks are sending a great deal of their properties to auction.

Online auction house’s popularity is huge today; go to www.auction-extreme-package.com you can have a mild auction feeling in the comfort of your own home. All it takes is a little addiction to online auctions and before you know it you will be at the live ones.

One of the first auctions I attended was held on the front yard of the property being auctioned. I was pretty mad that they showed up about forty-five minutes late. Within less than five minutes of their arrival the auction was over. It is truly amazing that from start to finish it was over so quickly.

When I go to a real estate auction as an investor I’m looking for a good deal. I know exactly what I am looking for. Also, what price they are worth and what I am willing to pay. Just too many times I just watch people bid them past what they are worth on the open market. On top of that they have to pay the auction house for its time. At that point you could have just made an offer on a similar property for a much lower price.

A fix percentage of the final bidding price is the most common way an auction house gets paid. That amount is added to your bid to make the final purchase price.

When placing your first bid at a real estate auction always remembers that there is additional cost on top of your bid. As rule of thumb I usually calculate about an extra ten percent in additional costs to be safe when calculating my highest bid price.

Today almost everything we read and sign have disclaimers throughout. I particularly like the auction books, go to www.auction-entrepreneur-kit-com they show you so many great deals in the front. When you flip to the rules and regulations section those great things don’t actually exist.

The first few pages of an auction always show you what an amazing deals you could get. In truth those numbers are just there to get your attention and motivate you to actually attend. Do you think that anyone would sell a house $500,000 home for $79,000?

I always thought the when you go to an auction if you bid the highest you win. I wish that was actually true. Many of the auctions have all things these super low starting points. It seems that they always forget to mention that there is a reserve price in the front of there books. Basically those numbers mean nothing and are just a fantasy. The lenders still get the price they want or they don’t have to sell.

Auctions seem to me to become a waste of time and money. I have to waste a full day and show them a considerable deposit just to bid. The actual bidding is supposed to be up to the buyers not the sellers.

PARMOD BANSAL1

A Real Estate Auction as an Investor

June 25th, 2012 2 comments

I am getting sick and tired of all these unmentioned properties in my area. If only the banks would just adjust their prices then their messes could be cleaned up in a responsive fashion.

The lenders out there will have to learn to take the bite. Do not worry they are very creative and will get their money back from you another way.

Many prospective home buyers and investors have been trying to get great deals at auctions. I wonder why banks are sending a great deal of their properties to auction.

Online auction house’s popularity is huge today; go to www.auction-extreme-package.com you can have a mild auction feeling in the comfort of your own home. All it takes is a little addiction to online auctions and before you know it you will be at the live ones.

One of the first auctions I attended was held on the front yard of the property being auctioned. I was pretty mad that they showed up about forty-five minutes late. Within less than five minutes of their arrival the auction was over. It is truly amazing that from start to finish it was over so quickly.

When I go to a real estate auction as an investor I’m looking for a good deal. I know exactly what I am looking for. Also, what price they are worth and what I am willing to pay. Just too many times I just watch people bid them past what they are worth on the open market. On top of that they have to pay the auction house for its time. At that point you could have just made an offer on a similar property for a much lower price.

A fix percentage of the final bidding price is the most common way an auction house gets paid. That amount is added to your bid to make the final purchase price.

When placing your first bid at a real estate auction always remembers that there is additional cost on top of your bid. As rule of thumb I usually calculate about an extra ten percent in additional costs to be safe when calculating my highest bid price.

Today almost everything we read and sign have disclaimers throughout. I particularly like the auction books, go to www.auction-entrepreneur-kit-com they show you so many great deals in the front. When you flip to the rules and regulations section those great things don’t actually exist.

The first few pages of an auction always show you what an amazing deals you could get. In truth those numbers are just there to get your attention and motivate you to actually attend. Do you think that anyone would sell a house $500,000 home for $79,000?

I always thought the when you go to an auction if you bid the highest you win. I wish that was actually true. Many of the auctions have all things these super low starting points. It seems that they always forget to mention that there is a reserve price in the front of there books. Basically those numbers mean nothing and are just a fantasy. The lenders still get the price they want or they don’t have to sell.

Auctions seem to me to become a waste of time and money. I have to waste a full day and show them a considerable deposit just to bid. The actual bidding is supposed to be up to the buyers not the sellers.

PARMOD BANSAL1

A Real Estate Auction as an Investor

June 10th, 2012 2 comments

I am getting sick and tired of all these unmentioned properties in my area. If only the banks would just adjust their prices then their messes could be cleaned up in a responsive fashion.

The lenders out there will have to learn to take the bite. Do not worry they are very creative and will get their money back from you another way.

Many prospective home buyers and investors have been trying to get great deals at auctions. I wonder why banks are sending a great deal of their properties to auction.

Online auction house’s popularity is huge today; go to www.auction-extreme-package.com you can have a mild auction feeling in the comfort of your own home. All it takes is a little addiction to online auctions and before you know it you will be at the live ones.

One of the first auctions I attended was held on the front yard of the property being auctioned. I was pretty mad that they showed up about forty-five minutes late. Within less than five minutes of their arrival the auction was over. It is truly amazing that from start to finish it was over so quickly.

When I go to a real estate auction as an investor I’m looking for a good deal. I know exactly what I am looking for. Also, what price they are worth and what I am willing to pay. Just too many times I just watch people bid them past what they are worth on the open market. On top of that they have to pay the auction house for its time. At that point you could have just made an offer on a similar property for a much lower price.

A fix percentage of the final bidding price is the most common way an auction house gets paid. That amount is added to your bid to make the final purchase price.

When placing your first bid at a real estate auction always remembers that there is additional cost on top of your bid. As rule of thumb I usually calculate about an extra ten percent in additional costs to be safe when calculating my highest bid price.

Today almost everything we read and sign have disclaimers throughout. I particularly like the auction books, go to www.auction-entrepreneur-kit-com they show you so many great deals in the front. When you flip to the rules and regulations section those great things don’t actually exist.

The first few pages of an auction always show you what an amazing deals you could get. In truth those numbers are just there to get your attention and motivate you to actually attend. Do you think that anyone would sell a house $500,000 home for $79,000?

I always thought the when you go to an auction if you bid the highest you win. I wish that was actually true. Many of the auctions have all things these super low starting points. It seems that they always forget to mention that there is a reserve price in the front of there books. Basically those numbers mean nothing and are just a fantasy. The lenders still get the price they want or they don’t have to sell.

Auctions seem to me to become a waste of time and money. I have to waste a full day and show them a considerable deposit just to bid. The actual bidding is supposed to be up to the buyers not the sellers.

PARMOD BANSAL1

Discover How You Can Outsell Other eBay Sellers Using Proven Simple Techniques

January 21st, 2012 No comments

If you are a eBay seller, you will have to take quite a fair bit of responsibility and effort to be successful. If you feel like you are not doing everything you should be, then it is time for a change.

To be successful at eBay, you will need to have the know-how to keep you on top of your competitors. Below are some practical tips you can consider. Let us use the digital camera as an example for illustration.

1. Do you know everything about your camera? To make sure you do, you can search more information from the Internet apart from reading the manual provided. You will be surprised that there is still quite a lot of information you do not know about your camera. With this new found information, you can then provide them in your listing. Having more information than your competitors shows that you are knowledgeable than just plain selling. People tend to buy from those who are more knowledgeable.

2. Is there any demand for your camera or are there any competitions? Always check out what is the market price especially the final bidding price. If the final price is always around, say $200, then there is no point for you to have a fixed price above $200. You will be wasting your listing fees and nobody will buy your camera. Ask yourself, why should they buy your camera above $200 if they could get it at $200 or below?

3. Do you know that a picture tells a thousand word? No matter how well you write, you cannot outperform a picture. You will need to put a picture in your listing. The picture can also show the actual physical condition of the camera as far as possible. For example, if there is a dent, you can show it in the picture. This can prevent any downstream dispute when the buyer gets the camera. If you do not have a digital camera yet, then go to eBay and get one.

4. Did you keep in contact with your buyer? When a transaction is done, you should send email to the buyer to thank him and let him know that you are preparing the item. This is to ensure the buyer that you are taking care of his purchase seriously and honestly. When you received your payment, send him a thank you note. Similarly, when you send out your item, tell him as well. People like to be kept informed of the progress. It will be better if you can give the DHL or UPS tracking number to the buyer. With the tracking number, the buyer can go online and check exactly where is the item now. You will be surprised with this two-way communication system, you will avoid many problems and make the process a smooth and delightful one. Simply ask yourself. Do you like to be kept informed or in the dark?

5. Did you check your email regularly? When you list you item, potential buyers may send you emails for any clarifications regarding the item. If you do not reply to them, you are simply telling them to go and buy from someone else. If you do not serve them, someone will and probably would try their very best to convince the buyer to buy their product.

6. Did you put enough information on your item description page? If you are only interested in local sales, you will have to say so. If you intent to deliver overseas , you will have to incorporate international handling charges so that potential buyers will have an estimated final price. If you have other special terms and conditions, you will need to make it clear up front to prevent any dispute later.

7. Did you wrap your item properly? A rule of thumb will be, wrap it as though it is for your loved ones. Yes, it should look professional to give the maximum best impression. Do not save on this. You should also print the labels instead of hand-written.

8. Do you make a check with the buyer after delivery? Based on the delivery tracking code, you should roughly know has the item been received my the buyer. You can send an email to check with them whether they have received the purchased item. This will provide them with an opportunity to voice out their opinion and you should try your best to help them. This will make them feel more comfortable as you have demonstrated that you are not there to take their money and run.

Selling on eBay is not just simply selling. You will also need to take effort to develop a relationship with your buyers. You should make an effort to keep track of the whole transaction process to ensure that all aspects are taken care off.

To have repeated sales, you need to provide genuine, good and honest customer service. To be successful, this is the only foolproof way to protect and increase your reputation. Once you have this, sales will naturally come in. Hope that the above tips will make your eBay selling a successful one and outsell the rest in your category.

anonymous
http://www.articlesbase.com/home-business-articles/discover-how-you-can-outsell-other-ebay-sellers-using-proven-simple-techniques-89116.html