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eBay's online auctions have created business opportunities for thousands of people. Now the Trading Assistant program is making it easier than ever to start a business from home.
Trading Assistants act as brokers, selling merchandise for others and keeping a percentage of the profits. The profit potential can be great, especially when selling high-value items.
Though there are millions of registered users on eBay, many people still don't know how to sell goods themselves. A Trading Assistant fills a need in the marketplace, allowing you to make a profit while helping others unload their stuff. Almost everyone has a box of items in their garage or closet that they would like to sell.
You will need to decide what types of products you are willing to sell and may want to set a minimum value on merchandise you accept. It can be difficult to make a profit on $5 items so many assistants require the products have a minimum estimated sales value of $10 or $20.
Most assistants set their fees between 20%-40% of the ending auction price. You may also want to charge a per-item listing fee of $1-$5, and possibly deduct this from the commission if the auction ends successfully.
As a Trading Assistant, you will list the item for sale, handle all buyer questions, collect payment and shipping fees from the buyer and ship the item. You may also need to do some research on your customers' items to determine their value. Search the closed listings to find out what similar items have sold for and list your auctions accordingly.
You should create a simple contract that your customers sign to indicate that they agree to your services and fees. You can check out the competition in your area to determine what services other Assistants are offering and how they are structuring their fees. Check eBay's directory by zip code at http://contact.eBay/ws/eBayISAPI.dll?TradingAssistant&page=main.
You will also need to decide how to obtain the items from your seller. You could offer a pickup service, visit customers' homes and complete a contract there. Or you can offer a drop-off service, where customers bring their items to you. Many assistants operate from their garage so buyers don't have to enter their homes.
Promote Your Business on eBay
eBay offers a directory of Trading Assistants that consumers can use to locate services in their geographic area. To get listed in the official Trading Assistant program, eBay requires that you have a feedback rating of at least 50, have sold at least one item in the past 30 days, and maintain satisfaction rating of 97% or higher.
A listing in the official directory is free and you can also download best practices information and other tools from eBay at http://contact.eBay/ws/eBayISAPI.dll?TradingAssistant&page=toolkit.
Other Ways to Promote Your Business
Here are some ideas for getting the word out about your service:
?Create a simple brochure and ask nearby businesses to display them for you.
?Leave brochures or fliers on doorsteps in your neighborhood.
?Place classified ads in the local newspapers.
?Place free classified ads on www.craigslist.org.
?Contact small business owners and offer your services to them. They may want to unload their overstock and your service could provide the perfect solution.
?Post fliers and brochures at colleges, retirement centers, and community centers.
?Ask your kid's school to mention your service in the newsletter.
?Visit garage sales and flea markets and offer your services to sellers.
Launch Your Business
Make sure you follow the rules of running a home-based business and check with your county offices to apply for a business license and resale permit. Though online sales are not heavily governed, someday they will be and it is better to comply with business laws.
Also make sure to set expectations with your customers. Since many aren't familiar with how eBay works, explain the process and set realistic expectations for the final values of sales. Some may expect their items to be worth far more than they can get on eBay, and you don't want to disappoint or worse, upset a client by selling an item for less than expected.
If you don't yet have any experience on eBay yourself, it's easy to get started. Begin with some spring cleaning and list some merchandise from your home. Make sure you have a good understanding of how eBay works before you represent your services to others.
A Trading Assistant business is a great opportunity for anyone interested in a relatively easy home business. Once you launch your business, repeat customers and word of mouth should help your business grow. Your only regret could be that you didn't start sooner.
Stephanie Chandler is the author of "The Business Startup Checklist and Planning Guide: Seize Your Entrepreneurial Dreams!" and the founder of http://www.BusinessInfoGuide.com, a directory of free resources for entrepreneurs. Sign up for the BusinessInfoGuide newsletter to receive hot resources and tips every month.
Following the retirement this month of former XLerate Group Auctions' Greater Kalamazoo Auto Auction owner and general manager, Eric Wagner was named ...
Former President Barack Obama's game-worn high school basketball jersey – nearly lost forever in the trash – has sold at auction for $120000.
The auction house achieved $76824740 in total sales and a 77 percent sell-through rate. Gooding & Company, the official auction house of the Pebble Beach ...
Turnover on Aquis Exchange Plc's new end-of-day auction has totaled some 208 million euro ($230.8 million) over the past week, a spokeswoman said, the ...
The No. 23 basketball jersey believed to have been worn by President Obama when he was a high school senior sold in an online auction for $120000.
A Seattle man has auctioned off a basketball jersey believed to have been worn by former President Barack Obama while he was at a prep school in Honolulu.
OCALA, Fla., Aug. 20, 2019 /PRNewswire/ -- HiBid.com sold more than $19.5 million (gross auction proceeds) of equipment and other auction goods in this ...
Class-action lawsuit against Ingham County maintains auction profits should go back to homeowners who lost property.
The final five minutes of trading have become the busiest time of day for stock market traders in Europe.
Europe's latest share trading platform debuted with a whimper this week as just 23000 euros ($25460) worth of stock changed hands in Monday's first closing ...
An incredibly rare dime once owned by late Los Angeles Lakers owner Dr. Jerry Buss sold for $1.32 million in a Chicago auction.
BAR HARBOR — The historic mansion East of Eden will go to auction on Sept. 7, unless sold beforehand. The mansion is currently listed for sale for $12.5.
A Milky Way-themed oil painting by Chinese-French artist Zao Wou-Ki will be a star lot at a Christie's auction in Shanghai this September. The large-format ...
Some of the artifacts going under the hammer include: the armor Russell Crow wore in "Gladiator" (valued at more than $36000); Jack Nicholson's axe from "The ...
Although Bonhams and RM Sotheby's added an early and extra day to the annual collector car auctions that take place during Monterey Car Week 2019, with ...
August 21 (Renewables Now) - A total of 32 auctions for renewable energy were held in the Asia-Pacific region in the first half of 2019, with India account.
In 2017, an anonymous buyer paid $450 million for Leonardo da Vinci's "Salvator Mundi." But it was down to Alex Rotter, on the other end of the telephone, ...
If you are one of the many creditors owed money by J Levine Auctions, it may have just become harder to collect anything.
Resignation of one of the most senior Chinese executives in the auction world surprised art market insiders, and apparently Christie's staff; Wei is close to ...
The Juneau Police Department will host an online vehicle auction for impounded vehicles beginning at 8 a.m. Monday, Aug. 26. The auction will run until 4:30 ...
While previous buyers passed on 18 oddly shaped and nearly unbuildable tax title properties for sale at the county, a group of investors and adjacent ...
A Sleepy Eye man's lifetime collection of farm equipment and more than 120 collector's vehicles sold Aug. 17 at his estate.
Heritage Auctions has a collectible sports jersey up for auction through Saturday. As of Friday afternoon the bid was up to $62500. Sports junkies and.
These are some of the most expensive cars that sold in Monterey, California.
For the wealthy collectors who converge from across the globe on Monterey Car Week, the biggest spectator sport over the weekend is the auctions.
The Turkish Treasury borrowed a total of around 4.67 billion Turkish liras ($830.5 million) from domestic markets on Aug. 19, according to an official statement.
Fall Consignment Auction • 9:00 a.m.. Held at the Mid-American Auction Co. office and auction lot (home of the Hay Auction), located by exiting Interstate 94 at ...
FAYETTE — Friends of Starling Hall will be having a Live Auction on Saturday, August 24, at the Fayette Fire Station, 2475 Main Street, Fayette. Preview at 4 ...
Shakey Graves is auctioning off an art guitar designed by Carter Watkins to raise money for MyMusicRX, which brings joy to children with cancer.
Rows of damaged cars, slowly being scavenged for parts, sit in the 8-acre junkyard at the LKQ Pick Your Part site in West Humboldt Park. Mechanics shopping ...
The Monterey car auctions are a time of wealth and wheels. Here are the 30 most expensive cars being auctioned off this week.
This week's auctions appearing in the Aug. 16, 2019 Wisconsin State Farmer.
St. Edward, Neb. (August 14, 2019) – BigIron Auctions is proud to announce that for the first time, it is partnering with Graham Tire to conduct a charity auction.
Once listed for $1 billion, a 157-acre parcel of land in Beverly Hills known as the Mountain has sold at a foreclosure auction to its lender for just $100,000.
Elvis Presley's pal Wink Martindale reveals why he 'broke down' after seeing The King for the last time. Radio personality and game show host Wink Martindale ...
NBC Sports Group and Mecum Auctions today announced a multi-year partnership extension to continue coverage of Mecum collector car auctions across NBC ...
There's a bumper crop of over 100 classic cars coming up for auction in Minnesota this Saturday. (VanDerBrink Auctions). The vehicles were owned by a farmer ...
Once listed for $1 billion, the Beverly Hills Post Office property has sold.
After a lifetime of accumulating, most of my generation is intent on simplifying, downsizing, unloading, disgorging —simply getting rid of stuff.
Matthew Broderick and Alan Ruck weren't the only stars to appear in the classic 1986 film “Ferris Bueller's Day Off.” A shiny, red Ferrari lookalike all but stole the ...
Germany will auction a 30-year bond with a 0% interest rate for the first time on Wednesday, according to several media outlets.
The dairy product price index slipped at the Global Dairy Trade auction, moving lower for the sixth time in the past seven auctions, even as whole milk powder ...
An auction house selling the jersey, which the former president is believed to have worn while playing in high school, says it could fetch that much when bidding ...
For years, he was one of the biggest, plaidest things at the Minnesota State Fair. Now Paul Bunyan, all 17 feet of him, can be yours. Or mine.
From a 1939 Porsche to two ferocious Ferraris from the '50s to a 1995 Vector M12, these are the best vehicles up for auction at Monterey Car Week 2019.
Phoenix, AZ (KNXV) -- It's been a passion of his for more than 50 years, and one he didn't think he'd have to part with so soon. “For some, it kind of makes you a ...
A complete set of first-edition Pokemon cards from 1999 has sold for $107,010 at auction. The collection, comprising of 103 cards, was sold in mint condition and ...
MONTEREY — Bentley Motors is in the brightest spotlight of Classic Car Week. It's 100 years old this year and some of its ancient offerings are among the ...
Elvis Presley not only liked peanut-butter-bacon-and-banana sandwiches, he also loved cars. The King owned more than 100 automobiles, including several ...
Marilyn Monroe costumes from 'Gentlemen Prefer Blondes,' 'There's No Business Like Show Business' and 'River of No Return' are among the 115 items that ...
From metal, to siding, to lumber, and bathtubs, a lot is up for auction this weekend in Sapulpa.
Germany's borrowing costs edged higher on Wednesday before the sale of new 30-year government bonds that could test investor demand for deeply negative ...
The town has been involved with the military surplus program for over a decade. A date has been set to auction off unused and unwanted equipment.
Behringer-Crawford Museum in Covington will host an annual live art auction in September, spotlighting local artists and raising funds for its youth education ...
Jack Nicholson's axe from "The Shining," Russell Crowe's armor from "Gladiator" and a lightsaber used by Samuel L. Jackson in "Star Wars" are among 900 ...
A rare pair of Nike sneakers with a storied history has just shattered auction records. Sotheby's auctioned off the Nike "Moon Shoe" for $437,500 Tuesday night, ...
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A super-rare 1994 McLaren F1 LM-Specification hammered for $19.8 million at the RM Sotheby's auction over the weekend in Monterey. Meanwhile, a 1965 ...
A judge has ordered Collectrium to pay Heritage Auctions close to $1.8 million, bringing to a close the long-running data theft lawsuit filed by the Dallas ...
Two more GTA properties are up for open bidding in August.
New German bonds with a 30-year maturity were issued with a negative yield for the first time in an auction on Wednesday, data from the Bundesbank showed.
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The restaurant is 3100 square feet and the banquet center is 2400. The combined property is appraised at $240000. The auction is Aug. 24.
Monterey, Calif., is about to greet tout le monde of car society. Billionaire collectors from Saudi Arabia will swan with Rodeo Drive real estate tycoons as they ...
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OSWEGO — The annual Oswego County Tax Auction is set to take place Oct. 5, in Mexico, offering bidders a selection of approximately 120 foreclosed ...
The Kenya Airports Authority has overseen auctioned planes abandoned at Nairobi's Wilson Airport.
During his senior year at Punahou School in Honolulu, Hawaii, our forever President Barack Obama was a member of the 1979 Hawaii State Champion boys' ...
The numbers for this recent lot at Goldin Auctions are eye-popping. Numerious records were set, inlcuding another Mike Trout highmark.
This week's auctions appearing in the July 26, 2019 Wisconsin State Farmer.
Designer shoes, Rolex watches, and a Ferrari are among an estimated £2.3 million (US$2.8 million) worth of luxury goods seized from criminals that will be ...
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The 1975 Ferrari 308 GT4 has been an outlier of sorts ever since its conception, but the one now on auction is even more special and deviant from Ferrari's ...
Patience and awareness are just two skills you'll need if you're going to come out of your Fantasy Football auction looking like a champ.
Farm Retirement Auction • 10:30 a.m.. Having farmed our entire lives, we have decided to fully retire from farming and will sell the following at auction located by ...
A pair of Duke-issued Nike sneakers worn by All-American freshman Zion Williamson last season fetched nearly $20,000 on an online auction website over the ...
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All the information you need to know about the major auctions taking place as part of the incredible 2019 Monterey Car Week The post Complete Guide to ...
An audio version of the draft strategy articles, sleepers, busts and player analysis from The Athletic's Fantasy Football Draft Kit. The audio draft kit also includes, ...
Bidding soared to $3.5 million on Saturday for a 1970 Plymouth Superbird that Richard Petty raced in NASCAR and is billed by its present owner as the most ...
A Beijing skyscraper confiscated from a fugitive Chinese billionaire was sold in an online auction Tuesday for 5.18 billion yuan (US$734 million), the latest twist ...
SOUTHWEST HARBOR — Bidding ends Saturday, Aug. 28, at 1 p.m. in the Southwest Harbor Public Library's annual "Celebration of Art" exhibition and silent.
A Utah businessman bought a 125-year-old dime for $1.32 million last week at an auction in Chicago. Only nine of these dimes still exist, according to CNN.
Critics of President Obrador have called the auctions a populist measure.
WHAT: Fundraising auction. WHEN: Sunday, Sept. 15, at noon, with items going on view at 10 a.m. Preview time Friday, Sept. 13, from 7:30 a.m. to noon.
Bids, sales, cut-off price, pro rata and yield are presented in the table below: ISIN, Bid mill. DKK (nominal), Sale mill.DKK (nominal), Cut-off price, Pro rata, Yield.
A high school basketball jersey once worn by former President Barack Obama is up for auction.
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KNOXVILLE, Tenn. (WVLT)-- The Signature Chefs Auction presented by Regal is an annual gathering of Knoxville and East Tennessee's most talented chefs ...
Both auctions include a mix of homes, vacant land and commercial property in Lansing, outlying communities. And there are some that stand out.
By Jo Anne Embleton. firstname.lastname@example.org. Nearly a year following its official launch, a local faith-based ministry has an opportunity to own the ...
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A pair of unused Super Bowl tickets are expected to go for as much as $30000 in an auction.
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The King continues to reign, this time in the form of his 1976 Harley-Davidson which promises to (possibly) set a world's record at auction of between $1750000 ...
Five tax-foreclosed properties were put up for auction in July and Clatsop County sold two of them, including a dilapidated house on G Road in Jeffers Garden.
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