Something to consider when you search through these is that just being that the auction is for something like a bakery doesn’t mean there won’t be anything useful there.
These auctions sell off everything the business used -and many times we are looking at items that are not even about the particular industry.
Here’s why it’s a great method get awesome deals -you might be competing with bakery business owners or ol machine shop owners -so when electronics, computers and akin items you’re interested in come along, you can bid low and often win.The experience is pretty cool individually. Here, Know what guys, I am attending a y auction going on in South Dakota.
What makes this site special is that you can find auctions from all across the world.
You can find closeout auctions here as well, while this particular site is weighted a bit more ward antiques and collectibles.
At the moment there’re live auctions scheduled and listed for Spain, Canada and Switzerland as well. So there’re a couple more sites that also offer live online auctions like that, and by using all of them you’ll increase your chances of finding the going out of business auctions that suit your needs. LiveAuctioneers is the next one, and I believe it seems to feature more auction listings than the majority of the others I’ve seen. Startup costs are high -but your potential profit is tremendous, especially in this place of surplus electronics. I would like to ask you something. Where do you find these liquidations?
Consider we’re talking pallets and truckloads here.
These businesses are used to dealing with ‘brick and mortar’ stores that will buy a truckload of these surplus items at a time -so only take this option if you’re very serious about starting this business.
At that Business.com page, I found Discount Wholesalers, where you can buy pallets of surplus electronics at 35percentage discounts or more. Go to the surplus inventory section of Business.com and you’ll find a long list of liquidation companies where you can buy pallets of goods. Make sure you scratch a comment about it below. Online. Be a courteous online bidder and the auction house will love it when you virtually attend. When you sit there thinking, look, there’re people sitting around waiting for you, it gets very annoying for the people who are actually there. That’s where it starts getting serious. Two tips if you decide to try this. Plenty of info can be found by going online. Second, in any circumstances do not take your time when bidding starts -bid fast!
Call the auction house early and register to bid so you’re ready when the auction starts.
I started getting curious about other ways that it’s called liquidating assets, and there’s an entire industry built on helping companies liquidate their assets -including vehicles, electronics, household goods and more. Nevertheless, many businesses try to save the company by turning excess assets into cash they can pay down debts, before they’ve gone as far as bankruptcy. Just think for a moment. It’s vital to remember the various forms of inventory cutbacks businesses go through, before you get into this business. Pretty much anything you can think of -it’s probably being liquidated somewhere. Besides, the way to earn money as a reseller, is to buy up huge most of liquidated assets at about 30 to 40 percent under retail. Eventually, another very good live auction sites to locate bankruptcy auctions is definitely iCollector.com.
There’re lots of categories and the chances are very good that you’ll find the sort of auction that you’re looking for.
It requires place.
So it’s another site with a constantly updated stream of upcoming auctions. Today, you’ll find that 20 30 of the people attending antique auctions are now ebay sellers, and these days everyone has mobile internet access. I originally had Accordingly a bit of a niche in the antiques business thanks to my ebay powerseller account and my trusty and rare mobile internet device, and therefore I had a major advantage over the old school for awhile because being since the overwhelming popularity of ebay, the field isn’t anything like it used to be.