Starting a Home Based Business – Choosing The Right Online Business

Home based businesses provide assistance for you to seek an alternate route to earn a residual income from the comfort of your home. With the inception and expansion of the internet, it has become very easy to transact business from your home using a PC connected to the internet. I am very sure that at some point in your life you must have done a look up on Google to get the best home based business idea available. While it is a very good move to find out ways to make money online it is also important for you to do your due diligence before investing your time and money in any home based business. Thousands of people have fallen prey to unsuspecting scammers on the internet in a bid to make money online; it’s very easy to build a website these days so anyone can design a catchy website just to get your interest and to rip you off your money.Before you supply your credit card numbers to any website, it is pertinent to find out in details what the supposed home based business is all about. There are certain ways you can get information about any make money online from home business. I will be discussing them below:1. Do a Google Lookup: Google can give you just about any piece of information you need just at the click of a button. If for example you find business xyz that claims to be a legitimate home based business, you can do a Google lookup by typing “xyz scam,” Google will automatically bring out any scam report about this online home business. Anyone who has been a victim of the scam would definitely want to share his bad experience with the business.2. Visit Home Based Business Forums: Home based business forums provide a great way for you to interact with forum members to find out the best ways to make money online. You can get all the information you need by connecting with knowledgeable and well experience people in the field of information marketing, website flipping, affiliate marketing etc. depending on the type of forum. You will be amazed at the responses you get when you type in a question.3. Send A Mail To Their Support: It is also useful to send an email to the support of the home based business you intend investing your money and your time into; genuine businesses always take less time to respond depends on the volume of mails they are receiving and most of them have a chat support that can answer your questions almost immediately. Others organize online conferences where you can ask questions and get instant clarifications.4. Start Little: Don’t be tempted to throw in all your cash at any online business; you should have a reserve just in case. Start little and as time goes on you can add more funds to it. I am just suggesting this to you; speaking from experience.I have been burnt and ripped off a couple of times while trying to make money on the internet, I have done several work at home businesses that did not pay off at the end; turned out to be a waste of my time and resource. One honest advice I can give you about a work from home business is to find a legitimate home based business, work with it and stick to it. At the moment, I am promoting one business and making a good chunk of money out of it. It is a very simple and realistic program run by a renowned internet business expert Frederick Mann. I hope to make more money from this business; it’s a definitely sustainable business and anyone who wants to make money online should leverage on it; it’s a simple and understandable process with life supports in the form of online conference calls, you can ask the experts questions and get immediate response.I wish you the best.

Top Tips for Marketing Your Home Based Business

Starting a home based business is not a very difficult proposition but what matters most is marketing your business if you want to succeed in a competitive environment. Marketing is an ongoing process and you should ensure that your home based business and your image is in the limelight all the time.No business can succeed unless you create sufficient awareness and get people talking about your product and services. The strategies given below will help you in your endeavor to succeed.1. Word of mouth is one of the best forms of promoting your business. As soon as you start working from home, pass the word round to your friends, colleagues and acquaintances about your new business and the quality products you offer. This news will spread around the community much faster than you ever dreamt about. Jeff Bezos the founder of Amazon places great emphasis on this-”If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.”2. However small your home business might be an online presence is essential today. It is important that you have a professional looking website for your business. A well designed website will make your business appear big, professional and organized. Having a website has several advantages such as free advertisement for your products, informing customers about changes in products, information about specials, promotions and discounts available.3. Put the URL of your website, your home based business address and your telephone number on all printed matter that goes out of your business such as letters, envelopes, labels, faxes and invoices. This is an easy way of advertising your business and keeping your image in the public eye constantly.4. Advertising in the local media can play a vital role in promoting your home business. Small classified ads do not cost much money. These ads will certainly create awareness about your business in the local community. Send out regular press releases. Get the local press interested in your home based business and get them to write a news story how it benefits the local community. This will without doubt give your business a great boost. If you have the necessary funds, marketing your products through the radio can be even more effective.5. An inexpensive method of marketing your work at home business is by distributing Flyers. Flyers are easy to produce and in fact can be produced by you in your computer.Provide all the details of your business in brief including the address and URL. Similarly attractive and well designed Brochures are great marketing tools. These can be prepared and placed in clubs, libraries and supermarkets where people gather.6. One of the best marketing tools often ignored or overlooked by most new business entrepreneurs is the Business Card. A business card projects your image and credibility. Whenever you meet people at seminars, trade fairs, conferences and other functions, take the opportunity to exchange cards with them. They are influential people who can be very useful in promoting your business in several ways.Marketing your home based business has to be viewed in the right perspective and your success will be greatly dependent on how efficiently you handle this most important aspect of your business.

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.