My Travel Guide

Another day, another Baton Rouge homeowner loses $9,000 in home equity because they sold their home without hiring a local professional to measure and properly price their home. Whether selling by owner or listing with a Realtor, get a listing appraisal for the peace-of-mind it will provide to you at the closing table.
Approximately 40 days ago, another Baton Rouge homeowner decided to sell their home without consulting a local real estate professional. They thought they knew the value of their home. The home is located in an upscale area, somewhat high quality, only 9 years old – the kind of home that wouldn’t be on the market for more than 30 days. However, the home was larger than the owners had remembered.
The owners chose to market their home For Sale By Owner (FSBO) and sold the home for $9,000 less than appraised value and the home could have appraised at $13,000 above sales price with 2 of the 5 comps used. If the sellers were a typical American family with credit card debt, that same $9,000 could have paid off a credit card.
An experienced local home appraiser would say: “I have witnessed this happen far too many times, especially when homeowners try to sell FSBO.” While it’s human nature on an appraisal fee or a real estate sales commission, a home is the largest investment most people make in life. Not hiring a professional to properly measure and price your home is like taking a bar of gold to the local coin store to sell without knowing its’ size (weight) or value – not wise!
What’s the Solution? An experienced home appraiser would say, “A Pre-Listing Appraisal will provide the well documented facts about your home, which are crucial in proper pricing – facts such as an accurate living area size based on the National ANSI Standards and a correct site or lot size. The local professional must actually measure your home and be well versed in ANSI as to what qualifies as living area and what areas of your home do not.” Yes, it may be necessary for the local professional providing this service to break-a-sweat and actually physically measure your home and then use a professional sketching software to determine accurate living area size. There’s no other way to obtain an accurate living area. Old house plans and older MLS listings in the MLS history shouldn’t be relied upon for your home’s physical data. A home appraiser would normally ask the question, “How can a home be properly priced without accurate sizes?” It can’t be and this is why sellers sometimes lose money when they sell their homes. A home appraiser would also ask the question, “When is the right time to discover the correct living area size, at the beginning when pricing the home or later on after the purchase agreement has been received and accepted only to have the appraiser turn in an appraisal that’s less than or more than the sales price all because the home wasn’t properly measured?”
What is a “Pre-Listing Appraisal”? It’s a professional, color appraisal report one can proudly place on their kitchen table to answer any questions about your home or objections to your asking price. It includes:
1) Accurate Sketch based on ANSI Standards Produced By Modern Software
2) Correct Lot Size
3) Recommended Listing Price based on 3 to 5 sold comparable sales and 2-3 active or pending listings
4) Your Subdivision’s Statistics Report – Subdivision or Area Trends
5) Flood Map
6) Photos
7) Location Map
Any recommendations to better prepare your home for listing

How much do Listing Appraisals performed on a FNMA 2055 form generally cost? Approximately $100 less than the typical “Full FNMA 1004” appraisal. It depends on each appraiser offering this service and most appraisers do not offer this service.
Can a Pre-Listing Appraisal be used by the buyer of my home? This is entirely up to their lender. The lender will want the appraisal upgraded to the FULL FNMA 1004, which requires more work and analysis. The lender may also want an FHA Appraisal and FHA Inspection of your home, which requires more work and analysis.
Conclusion:
For the Baton Rouge couple that sold their home, being only 10 years from retirement, they didn’t need that $9,000 to $13,000 in equity to evaporate into their buyers hands. When you want to sell your home, the most expensive investment people make in life, order a Pre-Listing Appraisal for the peace-of-mind it will provide to you while sitting at the Title Company closing your sale.
Bill Cobb, CREA, is a home appraiser with 16 years experience and performs his home appraisal specialty of Pre-Listing Appraisals in the Greater Baton Rouge Louisiana market. One can view the video “Pre-Listing Appraisals Explained” or contact Bill Cobb at http://prelistingappraisals.info. One can also visit his website at http://www.gbrprelistingappraisals.com/.

Another day, another Baton Rouge homeowner loses $9,000 in home equity because they sold their home without hiring a local professional to measure and properly price their home. Whether selling by owner or listing with a Realtor, get a listing appraisal for the peace-of-mind it will provide to you at the closing table.
Approximately 40 days ago, another Baton Rouge homeowner decided to sell their home without consulting a local real estate professional. They thought they knew the value of their home. The home is located in an upscale area, somewhat high quality, only 9 years old – the kind of home that wouldn’t be on the market for more than 30 days. However, the home was larger than the owners had remembered.
The owners chose to market their home For Sale By Owner (FSBO) and sold the home for $9,000 less than appraised value and the home could have appraised at $13,000 above sales price with 2 of the 5 comps used. If the sellers were a typical American family with credit card debt, that same $9,000 could have paid off a credit card.
An experienced local home appraiser would say: “I have witnessed this happen far too many times, especially when homeowners try to sell FSBO.” While it’s human nature on an appraisal fee or a real estate sales commission, a home is the largest investment most people make in life. Not hiring a professional to properly measure and price your home is like taking a bar of gold to the local coin store to sell without knowing its’ size (weight) or value – not wise!
What’s the Solution? An experienced home appraiser would say, “A Pre-Listing Appraisal will provide the well documented facts about your home, which are crucial in proper pricing – facts such as an accurate living area size based on the National ANSI Standards and a correct site or lot size. The local professional must actually measure your home and be well versed in ANSI as to what qualifies as living area and what areas of your home do not.” Yes, it may be necessary for the local professional providing this service to break-a-sweat and actually physically measure your home and then use a professional sketching software to determine accurate living area size. There’s no other way to obtain an accurate living area. Old house plans and older MLS listings in the MLS history shouldn’t be relied upon for your home’s physical data. A home appraiser would normally ask the question, “How can a home be properly priced without accurate sizes?” It can’t be and this is why sellers sometimes lose money when they sell their homes. A home appraiser would also ask the question, “When is the right time to discover the correct living area size, at the beginning when pricing the home or later on after the purchase agreement has been received and accepted only to have the appraiser turn in an appraisal that’s less than or more than the sales price all because the home wasn’t properly measured?”
What is a “Pre-Listing Appraisal”? It’s a professional, color appraisal report one can proudly place on their kitchen table to answer any questions about your home or objections to your asking price. It includes:
1) Accurate Sketch based on ANSI Standards Produced By Modern Software
2) Correct Lot Size
3) Recommended Listing Price based on 3 to 5 sold comparable sales and 2-3 active or pending listings
4) Your Subdivision’s Statistics Report – Subdivision or Area Trends
5) Flood Map
6) Photos
7) Location Map
Any recommendations to better prepare your home for listing

How much do Listing Appraisals performed on a FNMA 2055 form generally cost? Approximately $100 less than the typical “Full FNMA 1004” appraisal. It depends on each appraiser offering this service and most appraisers do not offer this service.
Can a Pre-Listing Appraisal be used by the buyer of my home? This is entirely up to their lender. The lender will want the appraisal upgraded to the FULL FNMA 1004, which requires more work and analysis. The lender may also want an FHA Appraisal and FHA Inspection of your home, which requires more work and analysis.
Conclusion:
For the Baton Rouge couple that sold their home, being only 10 years from retirement, they didn’t need that $9,000 to $13,000 in equity to evaporate into their buyers hands. When you want to sell your home, the most expensive investment people make in life, order a Pre-Listing Appraisal for the peace-of-mind it will provide to you while sitting at the Title Company closing your sale.
Bill Cobb, CREA, is a home appraiser with 16 years experience and performs his home appraisal specialty of Pre-Listing Appraisals in the Greater Baton Rouge Louisiana market. One can view the video “Pre-Listing Appraisals Explained” or contact Bill Cobb at http://prelistingappraisals.info. One can also visit his website at http://www.gbrprelistingappraisals.com/.

Let’s have a look at these points first:

· Creditors, who have a blemished credit history, can find their savior in FHA. With new programs those are out, allowing the borrowers who have a credit card score in the 500 range to buy a home for themselves.
· In case of Bankruptcy, one should not lose all hope as FHA allows such clients a loan for two years from the bankruptcy date discharge, so long one has maintained good credit since their debts were discharged.
· Foreclosure: Even after a foreclosure, there is a ray of hope from the FHA if one has maintained their credit in a good enough shape. The FHA avails a lone for a period of about two years from the date the foreclosure was finalized.
· There is also a provision of purchase of manufactured homes and condominiums.
· FHA appraisals do not take the place of a home inspection. Buyers are advised to get the inspection done by a professional.

So we see that these are the little-known facts about FHA.

Times are such that every one of us has to deal with the soaring prices of grocery, gas and other daily consumable items. Similarly, potential home buyers are also facing the heat. Many people are stuck in between, neither being able to sell their current property, nor applying for a mortgage due to the fear of implementation of stricter rules and requirements.

Also, credit availability has also been tightened as most of the banking institutions are now looking for methods for reduction of the risk involved in these transactions.

But, despite of all the frustrations and apprehensions, many local realtors are of the thought that many buyers are considering homes which were in recent times out of their reach. All this is credited to the recent FHA guidelines and lower interest rates.

There used to be a time when the sellers were wary of the FHA home loans as the repair demands were excessive. So they would choose the buyers who would obtain the conventional loans over FHA. But the scenario has changed over time and the requirements have become more realistic and reasonable.

The US Government has also been behind this change of scenario as the FHA has its backing and the measures such as those of elimination of a mandatory 90-day flipping a house rule and the expansion of the types of homes that can now be purchased, take condos for example, have been welcomed with warmth. Also the loan limits have rose significantly which only adds to its advantages.

It’s about time you took the advantage of the FHA loan!

Bill Cobb, CREA, with Accurate Valuations FHA Home Appraisal Group, has operated as a home appraiser for 16 years primarily in the Greater Baton Rouge, Louisiana market. For more information on Bill Cobb, CREA and FHA Appraisers in Baton Rouge, visit: http://www.eastbatonrougefhaappraisers.com/. Also visit Bill Cobb’s Video Blog @ http://batonrougefhaappraisers.com/.

Let’s have a look at these points first:

· Creditors, who have a blemished credit history, can find their savior in FHA. With new programs those are out, allowing the borrowers who have a credit card score in the 500 range to buy a home for themselves.
· In case of Bankruptcy, one should not lose all hope as FHA allows such clients a loan for two years from the bankruptcy date discharge, so long one has maintained good credit since their debts were discharged.
· Foreclosure: Even after a foreclosure, there is a ray of hope from the FHA if one has maintained their credit in a good enough shape. The FHA avails a lone for a period of about two years from the date the foreclosure was finalized.
· There is also a provision of purchase of manufactured homes and condominiums.
· FHA appraisals do not take the place of a home inspection. Buyers are advised to get the inspection done by a professional.

So we see that these are the little-known facts about FHA.

Times are such that every one of us has to deal with the soaring prices of grocery, gas and other daily consumable items. Similarly, potential home buyers are also facing the heat. Many people are stuck in between, neither being able to sell their current property, nor applying for a mortgage due to the fear of implementation of stricter rules and requirements.

Also, credit availability has also been tightened as most of the banking institutions are now looking for methods for reduction of the risk involved in these transactions.

But, despite of all the frustrations and apprehensions, many local realtors are of the thought that many buyers are considering homes which were in recent times out of their reach. All this is credited to the recent FHA guidelines and lower interest rates.

There used to be a time when the sellers were wary of the FHA home loans as the repair demands were excessive. So they would choose the buyers who would obtain the conventional loans over FHA. But the scenario has changed over time and the requirements have become more realistic and reasonable.

The US Government has also been behind this change of scenario as the FHA has its backing and the measures such as those of elimination of a mandatory 90-day flipping a house rule and the expansion of the types of homes that can now be purchased, take condos for example, have been welcomed with warmth. Also the loan limits have rose significantly which only adds to its advantages.

It’s about time you took the advantage of the FHA loan!

Bill Cobb, CREA, with Accurate Valuations FHA Home Appraisal Group, has operated as a home appraiser for 16 years primarily in the Greater Baton Rouge, Louisiana market. For more information on Bill Cobb, CREA and FHA Appraisers in Baton Rouge, visit: http://www.eastbatonrougefhaappraisers.com/. Also visit Bill Cobb’s Video Blog @ http://batonrougefhaappraisers.com/.

The punch of inflating prices in grocery and gas has also affected the potential home buyer’s power of purchase and even sale of there current homes in the fear of mortgage under the cloud of stricter rules and requirements.

This situation aroused due to the superficial nature of the government as it allowed selling and insurance of foreclosed properties at deflated prices so that these properties can be later marked up and sold at an inflated price tag. It came out to be a fiasco because these homes were purchased with the sub-prime loans and this created a mess.

The anti-flipping rule was brought into limelight in order to combat this situation by the government. It states that properties owned by the current seller wouldn’t be insured for less than 90days by the FHA .This helped in fighting voracious aspects of the situation.

FHA has already gained some momentum and is considered by many future Home owners. Here are some details related to FHA Loans:
1)It can help Owners with a flawed Credit History and further new programs will be introduced for borrowers with high credit score in buying homes.
2)A client can avail an FHA Loan within two years from bankruptcy discharge date, but he need to maintain a good credit since the debts were discharged.
3)A client can avail an FHA Loan within two years from the final date of his foreclosure if his credits are in excellent shape.

The government is trying to lure the buyers to use the FHA Loans by making its rate highly competitive and acceptable:
1)The FHA Loan rate varies in the range of .125 percent of a conventional loan.
2)Mortgage insurance funding is included in the loan giving it a premium of 1.5% on the loan balance instead of giving it out of the pocket and a small portion of it is added to the monthly salary.
3)Borrowers who qualify to apply for this loan get purchase’s price 97% and put down 3%. Combination with other type of loans can create a zero down payment.

Debt ratios are higher here compared to that of conventional loans.

Closing costs can be covered by borrowers through 6% return from the seller.

The objective of FHA is to allow families without strong credit histories to qualify for financing, who were attempting to make mortgage payment but are now in default or are approaching. Investors can purchase homes, rehab them knowingly that FHA financing will be made available. Hopefully this rule will allow responsible investors to reduce the home inventories and improve neighborhood which were hit by foreclosure.

Bill Cobb, CREA, with Accurate Valuations FHA Home Appraisal Group, has operated as a home appraiser for 16 years primarily in the Greater Baton Rouge, Louisiana market. For more information on Bill Cobb, CREA and FHA Appraisers in Baton Rouge, visit: http://fhaappraisersbatonrouge.com/. Also visit Bill Cobb’s Video Blog @ http://batonrougefhaappraisers.com/.

The punch of inflating prices in grocery and gas has also affected the potential home buyer’s power of purchase and even sale of there current homes in the fear of mortgage under the cloud of stricter rules and requirements.

This situation aroused due to the superficial nature of the government as it allowed selling and insurance of foreclosed properties at deflated prices so that these properties can be later marked up and sold at an inflated price tag. It came out to be a fiasco because these homes were purchased with the sub-prime loans and this created a mess.

The anti-flipping rule was brought into limelight in order to combat this situation by the government. It states that properties owned by the current seller wouldn’t be insured for less than 90days by the FHA .This helped in fighting voracious aspects of the situation.

FHA has already gained some momentum and is considered by many future Home owners. Here are some details related to FHA Loans:
1)It can help Owners with a flawed Credit History and further new programs will be introduced for borrowers with high credit score in buying homes.
2)A client can avail an FHA Loan within two years from bankruptcy discharge date, but he need to maintain a good credit since the debts were discharged.
3)A client can avail an FHA Loan within two years from the final date of his foreclosure if his credits are in excellent shape.

The government is trying to lure the buyers to use the FHA Loans by making its rate highly competitive and acceptable:
1)The FHA Loan rate varies in the range of .125 percent of a conventional loan.
2)Mortgage insurance funding is included in the loan giving it a premium of 1.5% on the loan balance instead of giving it out of the pocket and a small portion of it is added to the monthly salary.
3)Borrowers who qualify to apply for this loan get purchase’s price 97% and put down 3%. Combination with other type of loans can create a zero down payment.

Debt ratios are higher here compared to that of conventional loans.

Closing costs can be covered by borrowers through 6% return from the seller.

The objective of FHA is to allow families without strong credit histories to qualify for financing, who were attempting to make mortgage payment but are now in default or are approaching. Investors can purchase homes, rehab them knowingly that FHA financing will be made available. Hopefully this rule will allow responsible investors to reduce the home inventories and improve neighborhood which were hit by foreclosure.

Bill Cobb, CREA, with Accurate Valuations FHA Home Appraisal Group, has operated as a home appraiser for 16 years primarily in the Greater Baton Rouge, Louisiana market. For more information on Bill Cobb, CREA and FHA Appraisers in Baton Rouge, visit: http://fhaappraisersbatonrouge.com/. Also visit Bill Cobb’s Video Blog @ http://batonrougefhaappraisers.com/.

Ebay has always given consumers the image that anyone can log on and make a fortune selling rare and bizarre items. This has spawned countless “get rich quick schemes” that have only made money for the scam artists that created them. Beneath the veil, it has always been a small group of eBay powersellers dominating the eBay business marketplace. While a few entrepreneurs have been able to carve out a scant number of successful niches, the big business goliaths have ruled supreme. eBay powerseller’s access to virtually unlimited supply and funding has allowed them to keep a firm grip on the auction marketplace. However, a new business concept known as dropshipping is changing the way the online auction industry works and giving new small business a chance to succeed on eBay.

Dropshippers level the product supply playing field

One of the greatest assets of powersellers has been access to large lots of items purchased from foreign importers. Being able to purchase these items at a huge discount allowed them to price these items far below the margin a small eBay business can afford. Dropshipping companies have greatly leveled this pricing gap by offering small eBay businesses the ability to purchase small lots, as few as one item at a time, and sell them for similar rates as that of the huge powersellers. Whereas in the past the little guys were forced to purchase their items from garage sales in order to keep up, they now have access to a catalog of well over one million items to sell on eBay. This allows eBay businesses to effectively equal powersellers in their ability to reach customers with the discounted products that they demand. While small eBay sellers had to rush to the post office five times a day to ship their items, the dropshipper ships the product directly from the supplier to the customer’s doorstep.

In the world of eBay sales “Cash is King”

Most powersellers are actually large corporations portraying themselves as small merchants simply selling their wares on eBay. Having access to large amounts of cash, they have been able to price small eBay businesses right out of the market. While an eBay entrepreneur might be able to offer a couple different types of products, powersellers use their buying power to sell a thousand different products in markets where the small business has no access. Dropshipping allows an individual to offer far larger variety than even the largest powersellers and pay nothing up front. A dropshipping member only pays after the product has already sold for a profit, giving them the ability to list an unlimited number of products at a time. If the auctions do not sell, the eBay business is not required to purchase anything from the dropshipper and moves on to the next successful auction.

Powersellers reputations all smoke and mirrors?

Facing a powerseller that has a feedback rating of ten thousand positive replies can be quit daunting. Powersellers give the impression that they are kings of customer service, however many have gained their feedback ratings by less than fair methods. Most powersellers rarely reply to complaints as they know the buyer is only one of thousands most of whom will automatically give positive feedback. Only a dropshipper who is eBay certified can give the small eBay business the customer service advantage. These dropshippers provide a wholesale guarantee to ensure they are offering the best quality items at the right price to sell successfully on Ebay

Dropshippers are the future for small eBay business

As respected dropshippers grow they will offer the small eBay business greater control over the eBay marketplace. They will be able to equal large powersellers in supply, price and quality. The “get rich quick” schemes of the past, are being replaced with legitimate options to face off against the currently dominant powersellers. Clearly, dropshipping presents the single greatest option for small businesses seeking success selling on eBay.

The author has been selling successfully on eBay for over 10 years and is the founder of DropshipHQ.net, the premier resource for dropshipping and starting an eBay business. To learn more or sign up for a free trial visit www.DropshipHQ.net today!

Ebay has always given consumers the image that anyone can log on and make a fortune selling rare and bizarre items. This has spawned countless “get rich quick schemes” that have only made money for the scam artists that created them. Beneath the veil, it has always been a small group of eBay powersellers dominating the eBay business marketplace. While a few entrepreneurs have been able to carve out a scant number of successful niches, the big business goliaths have ruled supreme. eBay powerseller’s access to virtually unlimited supply and funding has allowed them to keep a firm grip on the auction marketplace. However, a new business concept known as dropshipping is changing the way the online auction industry works and giving new small business a chance to succeed on eBay.

Dropshippers level the product supply playing field

One of the greatest assets of powersellers has been access to large lots of items purchased from foreign importers. Being able to purchase these items at a huge discount allowed them to price these items far below the margin a small eBay business can afford. Dropshipping companies have greatly leveled this pricing gap by offering small eBay businesses the ability to purchase small lots, as few as one item at a time, and sell them for similar rates as that of the huge powersellers. Whereas in the past the little guys were forced to purchase their items from garage sales in order to keep up, they now have access to a catalog of well over one million items to sell on eBay. This allows eBay businesses to effectively equal powersellers in their ability to reach customers with the discounted products that they demand. While small eBay sellers had to rush to the post office five times a day to ship their items, the dropshipper ships the product directly from the supplier to the customer’s doorstep.

In the world of eBay sales “Cash is King”

Most powersellers are actually large corporations portraying themselves as small merchants simply selling their wares on eBay. Having access to large amounts of cash, they have been able to price small eBay businesses right out of the market. While an eBay entrepreneur might be able to offer a couple different types of products, powersellers use their buying power to sell a thousand different products in markets where the small business has no access. Dropshipping allows an individual to offer far larger variety than even the largest powersellers and pay nothing up front. A dropshipping member only pays after the product has already sold for a profit, giving them the ability to list an unlimited number of products at a time. If the auctions do not sell, the eBay business is not required to purchase anything from the dropshipper and moves on to the next successful auction.

Powersellers reputations all smoke and mirrors?

Facing a powerseller that has a feedback rating of ten thousand positive replies can be quit daunting. Powersellers give the impression that they are kings of customer service, however many have gained their feedback ratings by less than fair methods. Most powersellers rarely reply to complaints as they know the buyer is only one of thousands most of whom will automatically give positive feedback. Only a dropshipper who is eBay certified can give the small eBay business the customer service advantage. These dropshippers provide a wholesale guarantee to ensure they are offering the best quality items at the right price to sell successfully on Ebay

Dropshippers are the future for small eBay business

As respected dropshippers grow they will offer the small eBay business greater control over the eBay marketplace. They will be able to equal large powersellers in supply, price and quality. The “get rich quick” schemes of the past, are being replaced with legitimate options to face off against the currently dominant powersellers. Clearly, dropshipping presents the single greatest option for small businesses seeking success selling on eBay.

The author has been selling successfully on eBay for over 10 years and is the founder of DropshipHQ.net, the premier resource for dropshipping and starting an eBay business. To learn more or sign up for a free trial visit www.DropshipHQ.net today!

People enter the eBay business marketplace for many reasons, but in general it is the allure of “easy money”. They see reports on the news of single eBay sales of items a person found in their attic making them rich and want to jump in themselves. Many of the work at home programs promise that they can make you an eBay millionaire overnight, with no prior experience needed of course. These crackpots are the same types that were pumping people to buy stocks right before the market collapsed in the late 90’s. Success in an eBay business requires that you have the patience and the willingness to do the research that will give you an advantage over the other 99.9% of sellers in the marketplace.

The first step in starting any eBay business is to decide what to sell. While garage sales and thrift shops are an option, these sources do not provide the steady stream of items that are essential to being successful on eBay. Foreign importers are popular as well, but unless you are fluent in the given language this might not result in a viable opportunity either. These distributors can go out of business overnight and are frequently unreliable. Among the many options available, by far the most efficient is a dropshipping supplier.

Choosing a dropshipper for your eBay business comes with several important advantages. First and foremost you do not need to worry about the cost and stress of handling the large inventory required by many importers. While importers require you to purchase in large lots, drop shippers only require you to pay for the product after it has sold. Once the item sells on eBay, you simply go into the drop shipper’s catalog and place your order. The product is shipped directly to the customer. No trips to the mailbox or calculating shipping required. Many drop shippers have special offers that allow you to try the service free for a limited number of days. This can be invaluable for a fledgling Ebay business, as this will give you the time to attempt to sell a product and see if the service will be profitable for you.

Perhaps the most important advantage is in the choosing of the products themselves. Most importers have a very specific line of products that may or may not be in demand on eBay. Drop shippers have upwards of 1,000,000 products for your eBay business. The key is to look for products that have a high demand on eBay, but not an oversupply of products. This can be done by checking completed auctions using the advanced search feature of eBay.

Even the process of choosing a dropshipper for your eBay business can be tedious and confusing. Each of the top dropshipping companies has its own advantages and disadvantages. The key is to look for a dropshipper that has products that you are knowledgeable about and can market effectively. You wouldn’t expect someone who has never seen the ocean to be able to sell you a sailing yacht. The same is true for the newcomer to eBay selling. If you are a model car enthusiast, sell rare model cars, not silk drapes.

When setting up a new eBay business, time is your most important commodity. Trying to set up relationships with importers, especially those in other countries can be quite frustrating. Garage and yard sales, may have the occasional big find, but you will have to spend hours upon hours digging through trash to find even a few gems. Clearly, Drop shipping presents the most lucrative option to those starting an eBay business. Nowhere else will you find the wide array of product choices coupled with the safety of not paying for large orders of items upfront. Good luck and happy eBaying!

Resource
The author has been selling successfully on eBay for over 10 years and is the founder of www.DropshipHQ.net;, the premier resource on dropshipping and starting an eBay business. Sign-up for a free dropshipping trial and make money on ebay; today!

People enter the eBay business marketplace for many reasons, but in general it is the allure of “easy money”. They see reports on the news of single eBay sales of items a person found in their attic making them rich and want to jump in themselves. Many of the work at home programs promise that they can make you an eBay millionaire overnight, with no prior experience needed of course. These crackpots are the same types that were pumping people to buy stocks right before the market collapsed in the late 90’s. Success in an eBay business requires that you have the patience and the willingness to do the research that will give you an advantage over the other 99.9% of sellers in the marketplace.

The first step in starting any eBay business is to decide what to sell. While garage sales and thrift shops are an option, these sources do not provide the steady stream of items that are essential to being successful on eBay. Foreign importers are popular as well, but unless you are fluent in the given language this might not result in a viable opportunity either. These distributors can go out of business overnight and are frequently unreliable. Among the many options available, by far the most efficient is a dropshipping supplier.

Choosing a dropshipper for your eBay business comes with several important advantages. First and foremost you do not need to worry about the cost and stress of handling the large inventory required by many importers. While importers require you to purchase in large lots, drop shippers only require you to pay for the product after it has sold. Once the item sells on eBay, you simply go into the drop shipper’s catalog and place your order. The product is shipped directly to the customer. No trips to the mailbox or calculating shipping required. Many drop shippers have special offers that allow you to try the service free for a limited number of days. This can be invaluable for a fledgling Ebay business, as this will give you the time to attempt to sell a product and see if the service will be profitable for you.

Perhaps the most important advantage is in the choosing of the products themselves. Most importers have a very specific line of products that may or may not be in demand on eBay. Drop shippers have upwards of 1,000,000 products for your eBay business. The key is to look for products that have a high demand on eBay, but not an oversupply of products. This can be done by checking completed auctions using the advanced search feature of eBay.

Even the process of choosing a dropshipper for your eBay business can be tedious and confusing. Each of the top dropshipping companies has its own advantages and disadvantages. The key is to look for a dropshipper that has products that you are knowledgeable about and can market effectively. You wouldn’t expect someone who has never seen the ocean to be able to sell you a sailing yacht. The same is true for the newcomer to eBay selling. If you are a model car enthusiast, sell rare model cars, not silk drapes.

When setting up a new eBay business, time is your most important commodity. Trying to set up relationships with importers, especially those in other countries can be quite frustrating. Garage and yard sales, may have the occasional big find, but you will have to spend hours upon hours digging through trash to find even a few gems. Clearly, Drop shipping presents the most lucrative option to those starting an eBay business. Nowhere else will you find the wide array of product choices coupled with the safety of not paying for large orders of items upfront. Good luck and happy eBaying!

Resource
The author has been selling successfully on eBay for over 10 years and is the founder of www.DropshipHQ.net;, the premier resource on dropshipping and starting an eBay business. Sign-up for a free dropshipping trial and make money on ebay; today!