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.

If you’re a single parent, you face a variety of difficult challenges in everyday life. Not the least of which is making sure that you are able to provide a good home for you and your child. Unfortunately, in times of economic uncertainty such as that which we currently experience, steady jobs are in short supply, which can make things difficult. Home based business offers single parents an alternative option; they are able to work part time from home and build a financially secure future for themselves far superior to that which they could achieve otherwise. Here are some of the major advantages of owning home based businesses, which finding a way to work part time from home can help you achieve:• Flexible Scheduling – When you work part time from home, or own a home based business, you have the most flexible scheduling available on Earth, which can really help when it comes time to accommodate the kids. When you add in commute times as well as all the other time you will save as well, you end up having dozens of extra hours a week to spend with your family.• Save More Spend Less – Having a home business really enables you to spend less money and save more at the same time. When you work part time from home, you don’t need to pay for as much child care, transportation, sitting, or any of the other major expenses associated with working outside the home.• More Freedom – Perhaps the most important benefit of owning a home based business is the increased freedom that it brings you. Instead of wasting away a third of your life on mundane tasks at some dead end job, you can work part time from home instead on something you really love, and earn a better income in the process.So if you are a single parent and have been considering some alternative work arrangements, you should definitely consider looking into the benefits that doing work part time from home can bring to your life. If you are able to build a successful home based business, you will be in a great situation financially, and likely enjoy your own day to day life more as well. Between the financial incentives, the extra time, and the benefits of being truly free, it is hard to understand why everyone isn’t looking into their own home based business.

What would I do if I were just starting out in Internet Marketing and/or Network Marketing? Here my 5 best Internet Marketing Tips to help you get started right!

My 5 Best Internet Marketing and/or Network Marketing Tips

The key thing to remember as a Internet Marketer or Network Marketer is it’s all about 3 main things: 1) Providing Massive Value 2) Building Relationships 3) Developing Great Marketing Systems

How Would I Start If I Was Brand-New To Internet Marketing and/or Network Marketing?

My goal is to encourage you to apply them… And be massively successful!

1. Get A MENTOR!!! I tried to do Internet marketing on my own for several years and probably averaged about $20 for every hundred hours I put into it. I had discovered an exciting and challenging way to make 20¢ an hour! LOL!!! When I finally got a Great MENTOR… I started making real money within the first 30 days… And now I make amazing money virtually on autopilot! READER WARNING! Don’t be as Stupid as I was… Get a Mentor right away! Having a Mentor will take years off your learning curve and will save you a ton of expense, frustration and aggravation. It is so much easier to have somebody show you something and hand you the tools than to try to create it from scratch by yourself. (98.4% of People who try to Learn Internet Marketing / Network Marketing on their own… FAIL!)

2. Focus on setting up your Internet / Network Marketing Systems and doing the work. The best advice anyone can give you is to follow your Mentor’s instructions and take MASSIVE action for the first 90 days. We call this “Priming The Pump!” – When you first start out using Internet Marketing Strategies, you will start putting content and value out into the “Internet Universe” and typically little or nothing will happen in the first 30 days. At this point, many think they are failing… But in the next 30-60 days… You will start to see people signing up to your email list… Signing up under you in your Network Marketing Business… and start seeing sales of your affiliate products. It is in the 35+ day period that you really start to see the benefits of your hard work. This is why we call it “Priming The Pump”… What happens when you prime a pump? At first, you keep pumping and pumping… And nothing comes out! Then all the sudden, right when you are ready to give up and quit, you start to see a small stream of water… You keep pumping more… And all the sudden, water (Money $$$) comes gushing out! NEVER forget that this is how the system works! (“Don’t Quit Before The Miracle Happens!”)

3. Study a little bit every day about Internet Marketing and Network Marketing. One way to meet this goal, with no time lost, is to keep audio trainings with you on a cell phone, MP3 player or CD that you can play in your car while you are driving around. If you listen to Training Audios just when you are driving around in the car it will equal about 200 or more hours per year of training… That is 5 Full 40-hour weeks of training per year… WOW! THIS is how you become a ‘Genuis’ at Marketing Fast!

4. Use strong Internet Marketing Tool Suites like MLSP. Now it doesn’t have to be My Lead System Pro, but something like it that has great training on Lead Generation and done for you squeeze pages so that you have a way to make money with your blog or website. Being part of also give you way to make money even if they don’t buy your primary Network Marketing opportunity. MLSP will provide you with all the primary marketing tools you need to be successful at Internet Marketing with far less effort and look really professional. They also have an amazing amount of training on the MLSP website that will take years off your learning curve and help you generate more traffic, sales and profit. When I started making real money doing Internet marketing… MLSP was the first program I signed up with. MLSP gave me tons of training and quick cash to bootstrap my Internet / Network Marketing Business.

5. Set up a Daily Routine. I actually use a daily Internet / Network Marketing To-Do-List where the main things I (or my team) must accomplish each day… And try to get those things done before I move on to anything else. By the end of the day, this list is always done! This is one of the major keys to success… And I probably wouldn’t have made it without! It is the simple things that you repeat every day that will make you massively successful through persistence and pure accumulation!