Having a good online business is truly a wonderful way to make money and actually provide for your family an income without the need for you to leave home. You can simply choose a home based business that you feel interested in, and then develop that business. The truth is that the internet can provide an unlimited amount of income, that you can easily earn if you know what to do.The benefits of having a good home based businessOne of the exciting benefits is that you can make money without having to go to an office on a daily basis. You simply go online and do whatever business you have decided you want to do, and then check back later and see how much money you’ve made. Whether you decide to go into affiliate marketing or other forms of money making online, using your computer is truly a great way to make money!Some women over 50 feel economically comfortable and believe that they don’t really need the money, but just like any grandmother, I’m sure you want to spoil your grandchildren with the best gifts and toys. So, to take the strain off juggling your income so that you can treat your grand children, why not make some extra money…..why not consider having a home based business….Just think, with that extra money, you can experience life every day in a more exciting way, go on bigger and better vacations, and if you want, treat yourself to meal at an expensive restaurants you always wanted to visit, but couldn’t afford the money to go. Just imagine being able to get up when you decide its time to get up….. Working when you decide its time to work on the computer. With a good income generating online business you will experience the kind of freedom you could never have had working on a job.Building a successful home based online business requires that you be disciplined and steadfast in your quest to develop your business. It means that you may have to stay up later than you anticipated, or hold off going to that movie or watching your favorite television show. A successful home based business for women means, that when you seriously put in the time and energy to build an internet business, the rewards of success will surely be yours and just think of all the fun time you’ll have spending it.
Real Estate Auctions – The New Land Rush
On a sunny afternoon in Florida, an energetic crowd gathers on the lawn of a high end luxury estate. A loud and eager banter between an auctioneer, a group of bidders and bidder assistants fills the air. For several minutes the auctioneer asks for the next highest bid and the bidders respond. Suddenly the bidders grow silent. The high bidder holds his breath in anticipation of winning the auction. The auctioneer calls for one more bid. In a loud clear voice which rolls over the audience he says, “Fair warning, last chance” the auctioneer pauses, “SOLD!” And in less than 10 minutes another multimillion dollar estate has changed owners.
Successful real estate auctions like the one above are happening all over North America and the Caribbean. Recently real estate auctions have been on the rise, the increase in popularity is partly driven by growing inventories and fading buyer confidence. Properties that were selling in weeks using traditional methods are now languishing on the market unable to attract buyers even as seller’s lower prices. Many say the real estate boom is over but savvy buyers and sellers are profiting from real estate auctions.
Real Estate Auctions Work in Up or Down Markets.
Regardless of trends or market cycles, real estate auctions provide an open and transparent process for buyers and sellers. Properly conducted real estate auctions attract ready and willing buyers and motivate them to act now.
The auction method removes the “wait and see” attitude which serves to further depress real estate values. Buyers are always concerned about overpaying. Buyers gain confidence with their purchases at real estate auctions because they can see what others are willing to pay.
When market demand is high and inventories low, real estate auctions can deliver selling prices well above what a willing seller would have accepted in a negotiated private treaty sale. In good selling climates many property owners using traditional real estate methods; negotiating with one buyer at a time, leave thousands of dollars of equity on the table. During up markets real estate auctions are the best way to establish top market price.
Evaluating Your Real Estate for Auction
Not every property or seller for that matter makes a good candidate for auction. First of all sellers must be ready to sell now and for the current market value. Also a real estate auction will not fix problems caused by a downturn in market value of your property, if you owe more than a willing buyer will pay, be prepared to come to closing with your check book.
Properties that do well in real estate auctions have a high uniqueness factor. Ask your self, “What makes my property different from most others?” Maybe you own a resort property or high end luxury home, commercial properties and land do very well at auction. Real estate auctions thrive on uniqueness. If your property is like everyone else’s, the best thing you can do is offer the most competitive price.
Most importantly sellers must be reasonable about setting a minimum bid. A seller must look at the lowest, most current comps and price below that to generate the interest and urgency necessary for a successful real estate auction. Once the auction begins and qualified bidders start competing against one another you can watch the selling price increase.
Locate a Qualified Real Estate Auctioneer
Start by checking with the National Auctioneers Association, the best real estate auctioneers belong to this organization. These real estate auctioneers are well trained and adhere to a standard of practice and a code of ethics. Many attend the annual International Auctioneers Conference where the latest techniques and innovations in the real estate auction industry are presented.
Find out if the company you are interviewing is a full time real estate auction firm. Many real estate agents are getting auction licenses yet have no experience with the auction method of marketing. Conducting a successful real estate auction is nothing like (private treaty) traditional real estate sales. Go with a real estate auction pro.
You’re probably better of with an auction house that specializes in real estate auctions. There are many qualified auctioneers who have generations of experience selling personal property; furniture, dishes, lawn equipment and the occasional rare painting. Selling real estate at auction is a complex matter that should only be attempted by full time experienced real estate auction professionals.
Commissions and fees may vary, sellers must pay all marketing expenses up front and buyers typically pay 10% of the sales price to the auctioneer of which a share goes to participating real estate agents.
Types of Real Estate Auctions
Auctions are effective because they create a seller’s market. Professionally conducted real estate auctions create urgency, a reason to buy today and competition for the property. Terms and conditions of sale are established ahead of the auction. Real estate auctions will follow one of these three approaches:
Absolute Auction
The property is sold to the highest bidder regardless of price- using this process often returns the highest sale price.
Minimum Bid Auction
Seller agrees to sell at or above a published minimum bid price – this method is useful for internet auctions.
Seller Confirmation or Reserve Auction
With a reserve auction, the seller “reserves” the right to accept or decline any bids usually within 48 hours of the auction. Reserve auctions are used when there is a lien on the property from a lender or a court ordered sale with a minimum selling price.
Home Based Business Ideas 101
The internet has changed the world we live in. In a world where almost everybody has an internet connection, it is not hard at all for your average person to come up with a multitude of home based business ideas. In this relatively new field there are many opportunities for great success, so many niches that are yet to be found, that any male, female, mom, dad, student, or retiree who is willing to apply themselves in a respectable occupation may find financial freedom.
Those that desire to attain financial freedom, only have to set their minds to it, and adopt a winning mind frame, as it is mandatory for any person to believe in oneself if they wish to accomplish anything, and after that it can be easily achieved. But however easy it may seem to make money online, I have no doubt that many of you will state that starting a business cost too much, profits may not exceed expenses. Benjamin Franklin once said, “a penny saved is a penny earned.” This is the simple principle of saving money or spending less than what you earn.
Many of you may not know this but starting an online business is much different from starting a traditional business. In this day and age starting a traditional business will cost you tens of thousands of dollars or more. Then you have staff, rent, stock, and marketing which require more money. But starting an online business will cost you around a couple hundred, maybe more or less depending on the kind of business you are running.
You will be operating on a good blog/website meaning that you will have no staff, small overheads, and no stock. Even when you are asleep, your store will keep on earning money around the clock through transactions done all over the world. Because you are online you will be catering to a much wider market, the world, where as a traditional business will have to spend hundreds of thousands of dollars to promote outside their local market place. Another advantage is you don’t have to leave the comforts of your home, saving more money by not having to commute to work. Thus starting an online business may be more achievable with lower funds then to start up a traditional business.
In conclusion, starting an online business from home can be your key to financial freedom. With increasing financial uncertainty in the world a home based businesses can either be an additional part-time income or replacement of primary income. Below I have listed the top 3 home based business ideas around. Take note that this is only three of hundreds of ideas out there but these three are the best routes to take.
1. Take Paid Online Surveys
2. Affiliate Marketing Programs
3. Create your own Website