Local live auctions are a GOLD MINE for eBay sellers looking for inventory

Posted by in Creative Ideas, inspiration | 10 comments

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If there’s a predictable way to double, triple or even get FIVE TIMES your investment when selling on eBay it’s by using local auctions to source your inventory.

Mr. Adron Wood is living proof.

We’ve just added another bonus to MySilentTeam.com for all members to enjoy!  It’s a brand new course about profiting from local auctions. It sell at his website for $197 (intro price in effect for a few days) and you can grab a copy TODAY (it just launched), or pick it up as a bonus for joining MySilentTeam.com

Finding profitable items to sell on eBay can be as simple as attending local auction in your community. You’ll have to know what you are looking for, and frequent readers of my newsletter and blog probably have a pretty good idea.  What you know so far is child’s play compared to Adron though. He has been making a killing for 10 years by attending occasional local auctions and snapping up the eBay treasure!

Newbie tip: When buying inventory to resell on eBay always check the expected sell price BEFORE you invest. You can do this by checking recent “completed listings” on eBay for a small snap shot of recent listings, or for a longer period of research time try hammertap.com or terapeak.com as research tools.

Get Adron’s course by clicking here and save $100 because it’s just been launched at an intro price, or…to save even more…

Join MySilentTeam.com and get access to all the great courses and bonuses that we are constantly adding. You’ll find experts, support, training, encouragement and the success tools you need to make 2010 the best online business year of your life.

Have a question or comment? Please click the comment button below and tell us your thoughts. Did you ever buy anything cheap locally and sell it for big bucks on eBay? Tell us about it!

  • Bob

    Just to confirm, last year I sold a used panini maker from a closed restaurant for over three-hundred dollars. It would have been thrown out.

  • http://www.john-edwards-blog.com Ed

    Hi Jim,

    You`re so right, live auctions really have been the cornerstone here in the UK for eBay sellers sourcing products for eBay sales it`s probably the biggest form of sourcing thats creates our powersellers, especially in the collectables niche marketplaces..

    Avril Harper has to be our biggest eBay powerseller testament to that in that area!

    Thanks for an inviting post Jim….Ed.

  • http://www.printsmakeprofits.com Stuart Turnbull

    As you know Jim I source most of my eBay inventory at my secret online resource,
    I’ve just had an absolute killer sale, however, of a vintage art print I picked up at a local auction, sold for an ‘eye popping’ 1,300% profit!!
    In fact in over 5 years of selling on eBay my average final values have never been higher.
    Is it just me or is eBay flying for you too?
    Best regards
    Stuart

  • http://ucanuknow.com Mike

    Hi Jim
    Thanks for your great content and your recent updates. Attended an auction recently and it highlighted the point you’re making here.
    No matter what the market, buy at the right price and I guess there is a profit to be made.
    Best wishes
    Mike

  • http://www.proteinshakerecipes.net Bill

    Hi Jim,

    I want to join the membership site, but I need some reassurance. Regarding Ebay, I’m not just going to see the old “find a wholesaler or dropshipper” technique that everyone in the world (literally) is using… will I? I’m really hoping that there is something different and useful for me to do.

    Thanks,
    Bill

    [reply from Jim]: I don’t think you’ll find any advice about dropshipping or wholesale on the entire MySilentTeam.com site! We have thousands of members pursuing dozens of various creative (all proven) business ideas being directed by about 30 “experts” that are making a living online. I’ve never heard anyone accuse it of being “same old stuff I’ve seen before” after seeing it.

  • http://www.proteinshakerecipes.net Bill

    Jim,

    That is great to hear! Thank you for taking the time to reply.

    -Bill

  • http://www.peoplestring.com/?u=neverupgrademan Steve Rechel

    Even though I lost my Job last May 2009 I have learned a lot from all of the free information that Jim posts constantly in his blog.I am trying to get my bills under control and then this summer I plan on trying to turn a profit using a lot of the ideas Jim has posted.Next when I get things turned around I am going to join his membership site.With what I have learned just reading his free information he posts I can bet that anyone that joins will be well satisfied with their results.

  • http://ampreparing richard

    JC,

    I’m reading everything you send.

    RD

  • Linda

    Hello Jim,
    I have been receiving your messages for some time now and am very interested in your recent book of 20 ideas. Please answer this question – since I live in a rural area, with only dial-up, an old computer without sound (for listening to all the video formats being sent) which is slow, can I realistically make money with that book?
    Thank you for your time. Linda

    [reply from Jim]: The ideas in the book will absolutely apply to you. If you don’t find several inspirational ideas please ask for a refund…but I’m sure you’ll love it! http://www.best20ways.com

  • http://AuctionSummit.com Jason Davis

    Jim, Great post. Here’s something to help you and everyone out when prospecting the local auction place. I’ll preface by saying we’ve been in the local live auction biz for 20 years. So much stuff funnels through our warehouse. For instance we ran across 3 old mariner maps. They sold on eBay for $1,200 each in 3 days. We bought them for $10 a piece. We’ll be launching a platform where all the readers can apply the principals, find these items, and start prospect for the future all this spring, check it out…