Auctions and Boot Fairs
There are two types of auction nowadays, online and offline and used to best advantage and by having a keen eye, you can use bot of these to your advantage.
You can buy online and sell at a local auction, or do what I tend to do
I haven't always been that successful, but it's an example of how it can work.
You can also try boot fairs and charity shops to buy of course and you shouldn't have a guilty consience should you pick up a bargain, they are the ones setting the price, not you. Even then, you may not sell anyway.
The thing is with this is that because of TV, a lot of people are doing the same as you, so you have to look especially hard for the proper stuff.
Go through every single section of ebay and look for the items which have the least amount of pages selling things which appear to be sought after.
Don't get 'auction fever' or your garden shed will be full of useless junk until you yourself have a boot fair and throw it in the skip at the end because you don't want to take it home with you.
Online auctions can be used for selling your own surplas of course. You must look around your house and garden and
say 'do I need it, will I need it, is it worth anything'. It could be worth something to someone !
Online auctions have seriously affected Boot Fairs and Charity Shops plus Designer Outlets now sell clothes for less than second hand stuff, so the Charity Shops are suffering and looking more toward new stuff than someones chuck outs.
With Boot Fairs it's good always to look like the inexperienced family having a clear out. Fairs are becoming overloaded with big vans full of Cash and Carry stuff and house clearance items.
Personally I gave up doing Boot Fairs, I could earn a bit of money but it was pot luck on the weather and you'd usually sold the main items by 9am anyway and spent the next 4 hours doing nothing. I found I could earn a bit of extra cash more by staying at home and selling online thus being more choosy about the things I was buying and selling.
A few things I've brought which I slipped up on are; mirrors, pictures, books and chinaware.
Getting Extra Income
If having a Boot Fair, treat it as a Shop, price items as people are often shy to ask a price. When buying have lots of change with you - "60p Mate?"
Buying and selling at Car Auctions is a more risky business. But if you know your car mechanics quite well, there is a profit to be made.
What some people do when viewing Auction Items before sale is they find something valuable in a box of Tat. They will then hide it at the bottom of the box to make it appear it is only Tat.
So, when viewing boxes, don't take them at face value. Look through the whole box and if there's a Tin in there, shake it to see if there's a hidden treasure inside!
The ups and downs of changing your life