Parent Power – The Prime Hope For a Grass Roots Revival of English Education

This is my third investigative report into the parlous state of education in England’s state schools. The first argued for a massive reduction in the scale of government intervention; the second for a transfer of power to give teachers far more control of the education process. Now, in this final article, I want to highlight the vital role that can, and should, be played by parents, grandparents and local communities in helping youngsters develop their individual talents and skills, so they are not merely trained to earn a living, but more significantly to enjoy a fulfilling life and make a substantial contribution to the society they will eventually inherit..

Much is said today of the need to empower children and give them more control of the way their schools are run. This is an invaluable exercise in democracy as children mature, but must never be introduced in a way which weakens teacher autonomy and classroom discipline. One of the government’s recent items of backroom window dressing is ‘Student Voice’, a programme which invites children to rate their teachers’ performance. This, they now realize, gives youngsters the opportunity to downgrade teachers whom they judge to be too strict. Under this new initiative they’re also offered the chance of interviewing prospective new teachers, one applicant being humiliated by a request to sing his favourite song. Ill-conceived policies like these have led to a marked decline in discipline in schools. Practically every week there is a violent attack on a teacher in England. One fourteen-year-old boy sexually assaulted a classroom assistant. The head wanted him expelled, but the governors overturned his decision. A twelve year old boy was banned from an Essex school for carrying a knife, but was allowed back by an appeals panel. With this lax discipline, children will offend with impunity, and think that they can do the same when they leave school which is hardly what we want.

Children are being taught their rights, but not their responsibilities. Coordination Group Publications, one of the UK’s largest educational publishers, has sold thousands of copies of ‘Your Legal Rights’, a book which assures teenagers: ‘You have the right to be protected from emotional or physical abuse’. One of the examples it gives of physical abuse, is being made to take part in a cross country run. This was once thought to be an excellent way of getting fit, but clearly our aim now is not to encourage youngsters to maintain a high level of physical fitness, but to be able to take their place in a litigation culture. Children should we empowered, but at the same time they must be encouraged to recognise authority, and eventually assume positions of authority, for as Voltaire stressed, “firm discipline serves not only to punish the culprit, but also to ‘encourage the others’ to remain virtuous.”

Assuming that power can be wrenched from the government, and a large measure transferred to teachers and senior pupils, some must be retained and reassigned to parents and local communities. Parents are legally responsible for their children, and since they pay the bulk of the taxes which fund the state education system, they should have a powerful voice in the way that money is spent. In a democracy there should be no taxation without direct representation, as the Bostonians citizens argued when they thumbed their noses at the British government and held their highly successful Tea Party protest. There’s little doubt that if a referendum were held today, parents would vote against the rigid, exam based 3Rs national syllabus, in favour of a more liberal, diverse and flexible curriculum which took account not only of children’s needs, but also of teachers’ individual talents and enthusiasms. Classes must be adaptable, so they can respond to a child’s natural curiosity, whether it’s an interest is grasshoppers or a zeal for collecting foreign coins. So much schooling today is dull, and bears little relationship to the real world. A focus on passing tests does little to foster creativity, enthusiasm and a passion for lifetime study. At five the majority of children can’t wait to get to school; at sixteen most can’t wait to leave. Education should return to its etymological roots. It should be a process of drawing out (from the Latin educare), rather than a mindless regime of indoctrination. In the long run the only meaningful education is self-education, for what children learn at school today will be out of date in a few years time.

The educational aspirations of politicians fail, not because they’re too high, but because they’re set so abysmally low. A healthy education system needs diversity rather than mind numbing conformity. Families should be given the choice of sending their children to technical colleges, comprehensives, faith schools, secondary modern, grammar schools or public schools. Or, if they have the time and ability, why should they be hindered from joining the estimated twenty to fifty thousand parents in England who opt to teach their offspring at home? Again, why shouldn’t parents in England be given the chance to open ‘free schools’? This has been done with great success in Sweden where since 1955 local communities have the freedom to buy an appropriate building and turn it into an independent school. Parents are given a voucher to pay for their child’s education and can cash it in at any school they fancy, so long as it doesn’t charge any kind of ‘top up’ fees. Since this legislation was introduced well over a thousand free schools have opened and now educate more than one in ten of all Swedish pupils.

Success in life is not closely related to IQ scores, but is more intimately linked with personality factors, like determination, sociability, inventiveness, courage and motivation. Research shows that gifted children tend to be artistic, musical, good at sports, able to communicate easily with adults, have a lively and original imagination coupled with an ability to focus on their own interests rather than simply what is being taught in the school curriculum. Parents have been led to believe that education is about gaining diplomas and degrees, which is why almost half of the children at London state schools are now receiving private tuition to help them through their SATs and GCSEs. Children’s minds should not be crammed with facts. They should be given time to dream, which is the open sesame to creativity. Like the White Queen in Alice in Wonderland they should be encouraged to think that education includes believing half-a-dozen impossible things every morning before breakfast. At a good school, children should be trained to work together for the common good rather than in monastic isolation. This is not happening today in most UK schools according to a recent survey of eight countries where a sample of children was asked to reply to the statement: ‘Most of the students in my class are kind and helpful.’ In Switzerland over eighty per cent of children replied that this was true; in Britain only 43 per cent of children gave the same affirmative response, the lowest of all the countries polled. This is a sad commentary on our schools, and an even sadder reflection of the state of our divided society.

Many independent schools have a social service programme, an extra-curricular activity which encourages senior boys to go out into the community: to visit the elderly in their homes, do their shopping, help at day centres, work in charity shops, take food and clothing to homeless people and work at centres for the mentally handicapped. By doing so they gain as much as the people they serve. Why can’t a similar system be introduced in state schools? Gardening is another valuable extra-curricular activity, which can be carried out under the supervision of parents and grandparents whenever there’s an accessible plot of allotment land. Less than two years ago the Royal Horticultural Society launched a Campaign for Schools Gardening, which well over six thousand schools have now joined. Its objective is to give every youngster the opportunity to get a taste for gardening, and the opportunity to grow and learn about plants. Children should also be expected to perform chores, a duty which prepares them for the responsibilities of adult life. This is the belief of the charity help line www.parentlineplus.org.uk which claims that as well as being a confidence builder, ‘Chores can also teach children how to plan their own time, taking into consideration others’ needs’. This used to be taken for granted in most households, but is now largely forgotten, unless children are bribed to run an errand or clean the family car. A study carried out by Markella Rutherford, an assistant professor of sociology at Wellesley College, Massachusetts, revealed that American parenting magazines regularly advised families to give children routine tasks, like decorating, shopping, house cleaning, gardening and nursing sick relatives. This advice disappeared from the magazines in the 1980s. Since then, children’s only responsibility is to do their homework. This is regrettable, since the more trust we place in children, the more they will grow to justify that trust. Learning doesn’t stop when we complete our formal education, for as Maimonides, the great medieval Jewish philosopher affirmed: ‘A man should never stop learning, even on his last day.’ To recognise and promote the individuality of the pupil, and prepare them for a lifetime of exploration and growth, we must recognize and promote the individuality of each individual school.

Communities ought to form pressure groups to lobby for change in the educational system. Parents should join their local PTAs, to play an active role in the running of their schools. All too often we don’t protest because we think we’re powerless to change the status quo, but as Lord Justice Brandeis rightly observed: ‘The irresistible in often simply that which is not resisted.’ Many people campaigned against the 1902 Education Act, which abolished the board school system, and 170 parents went to prison for refusing to pay their school taxes. Would we be brave enough to do the same today? Schools should work in close conjunction with parents and local communities, and be subject to far less control from impersonal quangos and remote government departments. We must press for change at grass roots level to meet the needs of a rapidly evolving world, for as Thomas Edison observed more than a century ago: ‘If you are doing anything the way you did twenty years ago, there is a better way.’

Low Cost Home Based Business – Getting Started Cheap

Looking for a low cost home based business you can start online?

Affiliate partnering programs have been the fastest growing and lowest cost business opportunity online for several years.

These programs are the best low cost home based business for several reasons:

  • They are completely free to join.
  • There are literally thousands of products and merchant you can choose as partners.
  • The only real cost is learning how to use these programs. Websites are cheap and easy to make these days.

The key to this business is learning how to figure out the things people are searching for online and attract them to your affiliate partner merchants to get those things so you can get paid a commission.

It may sound like a complicated process but it is a very easy process that anyone can learn and apply.

This business allows anyone to start a low cost home based business in their spare time for less than $4-$5 a day while providing the opportunity to earn thousands a month all working online from home.

An opportunity to partner with some of the biggest companies in the world as well as some of the fastest growing young companies online can offer tremendous earnings potential in a business that really has only been around for a little over a decade.

This means it is still a relatively unknown business by the masses yet it is what many refer to as the “modern day Gold Rush”. This is because those that are willing to put in the time to learn in the new frontier have the chance to reap incredible benefits.

Top Home Based Businesses – What is it That Makes Them the Best?

There will be many programs out there claiming that they are part of the elite group known as the top home based businesses. But the truth is that not all these programs that make this claim are part of the top home based businesses. The only way that you’re going to be able to find these kinds of businesses is to know exactly what kind of characteristics they have. As you continue reading this article you’re going to discover the different characteristics that these kinds of businesses are known for.One of the most common characteristics of top home based businesses is that they have been around for a long time. You are not going to find a Business that has not been around for at least five years because this is when a business gets its credibility. There are so many people that fall for businesses that come out with the greatest compensation plans or the latest technology. So a business that’s not been around for at least five years is not a top home based business.Another characteristic that is very known for a top home based business is that they offer a free trial for people to check it out. The reason they do this is because they believe so much in their service that they know that people who come into the free trial are most likely going to stay. The good thing about this is that you can actually check out any of these businesses and if you don’t like it then you can just ended before the free trial.On top of having a free trial most of the top home based businesses are very affordable on a monthly fee. They focus a lot on helping out people and making it very affordable for people to get started in a business. The reason they do this is because they know that in the long run the more they help out there members the more likely their members are going to stay.

Home Based Business – 3 Criteria to Bear in Mind When Making Your Choice

Given the minefield of home based business opportunities available out there, it makes sense to go shopping with a list. Personally, I had 3 very strict criteria that I set for myself when I went looking (ok, I did have the benefit of hindsight. As a previous ‘homepreneur’ I did know the questions to ask and the mistakes to avoid, and I was damned sure that I wasn’t going to make the same mistakes twice!) Any business that I was going to plough my energy, effort and determination into a second time, had to be able to deliver on a BIG scale. Basically, I was looking to answer the classic question: “Is the Prize worth the Price”. Because, believe me, there is always a price to pay. Ask any Olympic Gold medallist.So, what were my 3 criteria, and how will they help you in your search?1) I decided that any home based business I would seriously consider, had to have the potential to earn me £100,000 from my first year. That was my figure. Now, that doesn’t mean to say that I was looking for that money to fall out of the sky and land in my lap. On the contrary. But I had to be able to see that the commission structure or compensation plan was robust enough that, given my own energy and determination, that figure was realistically available to me.Decide what you personally want from any home based business that you start. I speak to so many people who tell me they “hadn’t really thought about” how much they would like to earn. WHAT?! This is YOUR business. YOUR future. Are you seriously trying to tell me that you know what you want from your life if you don’t even have any idea of how much money you are going to need to achieve it? If you are only looking to earn £50 a week extra to ‘top up the bills’, then you don’t really need to be looking at setting up a MacDonald’s franchise do you? Knowing what you require your home based business to earn you is going to narrow down your search tremendously. How will you know that you have hit the bullseye, if you don’t even know which wall the dartboard is hanging on?2) I knew that any business that was seriously going to be able to deliver on my requirement of £100k per year had to have a proper system of training and support in place. After all, you can have the best business in the world but if there is no proper system in place when you start, you are going to waste an awful lot of time looking for the missing pieces in the jigsaw.Ask yourself, do you really want to be the ‘fish on the end of the hook’, and when they have ‘landed’ you, you are left high and dry to find your own way round the maze? Or are you looking for a system of training that will enable you to fast track yourself out of the gate?3) Finally, I understood that, particularly in this uncertain economic climate, any business that I was entering into, had to be in a growth market and not a market that was suffering from the vagaries of the so-called ‘recession’. In short, I had to feel confident that as I grew, the business was going to grow with me. It is no good trying to trying to paddle upstream if the tide on your opportunity has already turned and is going the other way. All businesses have a period of growth, plateau and then, if a new idea is not launched, they will go into decline.Choose wisely. Ask the question: When did the top earners have their best year income wise? This year, last year, 5 years ago?My process of due diligence served me well. I sincerely hope that, armed with the above questions, you find the business that is going to propel you to where you want to go in your life.Finally, there is one more essential piece of body armour that you are going to need if you are going to navigate your way successfully through the minefield: Self Belief. Henry Ford put it best: “Whether you think you can or you can’t, you’re probably right”.Good luck!

What is the Best Home Based Business?

One of the main ingredients to succeeding in a home based business is to choose one that you enjoy and feel comfortable with. Unfortunately, many people ignore this area, and as a result they struggle to achieve the results they dreamed about.1. Before you begin investigating home-based business opportunities, you should sit down and write out a mission statement. This will help clarify in your mind exactly why you want to start an enterprise like this on your own. Oftentimes money is not the primary factor, and knowing why you want to do it will help you zero in on the correct type of business to achieve this goal.2. Use the Internet to its full capabilities. There are many other ways to research home businesses beyond just Google searching these words.There are a great number of social networking sites available today. Go take a look, join a few to get the feel of how they work, and see how other people can make money at home online. Social networking is an excellent way to make contacts and do research.3. A great option is to choose a niche market in which you have a strong interest, and base your home opportunity around this area. Blogging and affiliate marketing make this possible to do.The best home based business can be one where you make money doing something you enjoy. If more people were able to do this they would stick with their businesses longer, even when they are not making money.4. Determine how much money you want to make, and how you are going to do it. As an effective business model, affiliate marketing has enabled many people to double and triple their full time salary offline.Others use network marketing as a vehicle to build a very large income. Still others choose to sell information products, and develop websites in multiple niches making a lot of money that way.5. Today the Internet must be a part of any work at home business for it to succeed. However, ones that grow beyond a person’s wildest dreams contain elements that allow it to become worldwide, without leaving your front door. It is an important point to bear in mind while searching for your own best home based business.If you use these five areas during your search for the best home based businesses that apply to you, you will not go far wrong. There is much more to it than just making money, and considering the big picture will help you get started with a better chance of succeeding.

The 3 Pillars of Buy to Let Property Investment for UK Property Investors

I’m often asked by newbie landlords do I have any basic tips about investing in residential property. I respond by highlighting 3 essential aspects to making a landlord’s residential investment a success.These I have called my three pillars of investment and they are:1. Patience2. Research3. TimingI always advise any prospective landlord that there is no magic wand to making a landlord’s residential investment a success. In recent years, the press have been full of stories about individual landlords who have made a fortune just by buying a few houses, and there are plenty of books and websites that feed on this kind of misguided ‘claptrap’.We at Property Hawk have said all along that our message is all about how landlords won’t make a million in six months. What Property Hawk is about, however, is giving landlords and other property investors an insight into how to avoid the pitfalls that are out there and how, with a little skill and effort, landlords can invest in a residential property to improve their long-term financial prospects.There is no one secret to successful property investing, but there are three core pillars of wisdom that offer landlord’s a foundation on which to build their property investment approach.PatienceThe problem for many novice property investors is also one of their biggest assets – their enthusiasm. Like children at Christmas, they have too much energy and are so excited that disaster is almost sure to follow. Similarly, the novice property investor, having made the decision to buy, wants to ‘dive in’ and buy a buy-to-let property straight away. A few years ago, when the house price boom was in full swing, there was the philosophy that if you didn’t buy straight away you would miss out altogether and never be able to secure an affordable buy-to-let property. This is no longer the case.Experienced landlords always recommend playing a waiting game. While the UK is building approximately 40,000 too few houses annually, a prospective landlord cannot escape from the fact that there are still approximately 25 million existing residential units out there. If you as a potential landlord miss out on one purchase, there are always plenty more around the corner. Residential investors should, rather than embarking on a frenzy of activity, pace themselves for a potential ‘long-haul’ of identifying and then securing the right property. That is not to say that if the right residential investment property and a clear bargain presents itself a landlord should be slow to act, but landlords should be aware that there is a danger of buying a buy-to-let property purely to invest, and not because it represents a good investment.By having patience, landlords can cultivate an approach where, having identified a suitable property, they make what would normally be considered a silly offer at, say, 10%-15% below the asking price. This should be based on the investment value to the landlord.Having made their offer, landlords should continue to view and make other offers. Eventually, somebody will accept a landlords offer and they will have the basis of a ‘sound investment’ secured below its market value. Patience is not only a virtue for landlords, but, an essential element of, and pillar to, a sound residential investment. Remember – shrewd property investors make their profits when they buy investment property, not when they sell.ResearchAccess to the internet provides us with a wealth of data and information that 10 years ago landlords would have paid a fortune for – or it simply wasn’t available.- Helpful research sites.My advice to prospective landlords is use it. If you are looking to buy an investment property for the first time, there will be a stream of questions to ask.How should landlords value an investment, and what about buying at auction?The basic area-specific research is something only the landlord can carry out – in other words it’s down to the landlord. This is all about potential landlords scoping the residential investment – finding out about prices in the area, and how the area has performed against other areas. Landlords should ask are there any local or national developments that could influence property values? What, if any, is the rental demand like in the area and what is the current and proposed rental property supply? By the end of the exercise prospective landlords should have figures for rents, values, yields, annual property price changes, the planning pipeline and property build costs per square feet.
All this information will mean that landlords obtain a thorough understanding of the local market and what have been (and could be) the returns in the future on their property investment.By the end, a prospective landlord should be an expert on the area they intend to invest in, knowing at a glance how much a property is worth to buy and will rent for. This will allow a prospective landlord & property investor to watch the market and spot which properties are a bargain and which are overpriced property.Many ‘novice’ landlords have not done this. Instead, they have put their trust in ‘advisors’ to invest their money, or have bought in areas they don’t know or do not understand, on the basis of glossy marketing spiel.
This has led to the problems that are now emerging in many towns and cities concerning novice landlords and ‘discounted’ investment schemes. Here, properties are sold at what the agent purports to be a bulk buy ‘discount’ of, say, 15%-20%, though the reality is that the discount is applied to a price that may be 35% inflated, which still means the investment properties are a rip off.Careful research by any buyer would have revealed that it was possible to buy similar residential properties down the road at 80% of the cost and that a huge number of properties were being built at the same time, all largely aimed at buy-to-let investors, causing a glut in the rental market. Proper research means you as the landlord will be nobody’s fool, and you won’t be left with an investment ‘lemon’ having filled the pockets of the property developer and disingenuous scammers.TimingGood investment is all about timing. Unfortunately, no landlord has the insight that gives them perfect timing – buying at the bottom and then selling precisely at the top of the market. It is not rocket science to figure out that if a landlord buys at the bottom of a cycle and sells at the top they will make more money than investors who buy and sell depending on personal circumstances.The effect of timing on a landlord’s overall levels of return can be dramatic. For instance, anybody unfortunate to invest in property in 1973 saw a loss of their capital over the period 1973 to 1977 of 40%. In 1989, I invested in a property that took a full 10 years to recover to its original purchase price. But it did – and then proceeded to double in value in one 12-month period. If only I had had the foresight to buy just before it doubled.However, the overall value of residential property is largely outside a landlord’s hands, being influenced by macro economic factors, such as interest rates or consumer confidence. It is as well not to get too hung up on these factors.Residential investment is a ‘long-term’ game, which means that peaks and troughs, particularly in the short-term, will have less impact on your overall returns the longer the investment is held. This again is another reason for landlords to exhibit patience. By buying property at regular intervals over the long-term, a landlord will inevitably buy some cheaply and some when prices are higher, but, overall, landlords should see a steady and long-term rise in the value of their residential investment portfolio.

Property Management Fees

If you own rental property and you do not live close to it or simply don’t want to deal with being a ‘landlord’ you may want to consider hiring a property management company. A property management company can help you with every aspect of managing your property and ensure that your potential tenants and renters are put through the proper application process, pay their rent on time, and have someone to call to take care of matters that arise in a timely fashion. Because there is so much that a property management company can do to save you time and thus money there are of course going to be fees involved with hiring a management company.

Property management fees can vary greatly from company to company but here are some of the fees you can come to expect when dealing with management companies:

o Percentage fee: Most property management companies will charge you a percentage of the rent that you charge the tenants. While there is no set percentage in the industry, the standard is usually ten percent. Of course you will find some that will charge higher and some that will charge lower. Just be sure that you are getting all the services you desire for your percentage.

o Leasing commission: Many times you will see this type of fee from a property management company. This is usually as one-time fee and equates to one half of the first month’s rent. Again, this is not a standard and some companies charge more and some don’t even charge it at all.

o Bookkeeping set up fee: This is usually another one-time fee and typically depends on the size of the property. If you have a smaller property the fees are generally set by the company, but if you have a large property with several units, such as an office building or apartment complex, this fee can sometimes be negotiated.

o Advertisement fees: This fee is an actual charge, meaning that the management company should only charge you what it actually costs for advertisement whether it is done in the newspaper or online. Stay away from companies that attempt to make a profit on this charge.

o Material fees: If something needs to be fixed on your property and you give the go ahead to do so, you will also foot the bill. Again, these fees should be exact and there should not be a mark-up associated with them.

What Is Advertising Nowadays?

Imagine the peacocks and flowers of the world. Colors, sounds, and performances convey to the rest of the species that you are a suitable mate. Plant seeds and pollen are spread around by other animals only if they can draw attention. Humans instinctually understand and respond to advertising. It is encoded in our genes from eons of evolution.

Advertising for products is an obvious extension of this evolutionary phenomenon. We take advantage of techniques that catch the attention of humans in order to get them to consider a purchase or an idea. The way we imagine advertising in its many forms did not arise until the advent of mass production with the Industrial Revolution.

Prior to that time, products were traded within small communities, and there was no need to attract a large audience. Indeed, illiteracy rates were so high that advertising would have proven useless. Once the markets expanded beyond tight-knit groups, though, word of mouth would no longer suffice for getting your wares sold.

Mass production allowed for many revolutions to occur that propelled advertising practices. First, printing became far cheaper as it was automated. This meant that companies could mass produce advertising for the first time. In addition, societies began to recognize the need for education. Therefore, the explosions of both reading ability and availability of printing made advertising grow during the industrial revolution.

Advertising soon became an industry unto itself when newspapers and magazines started allowing paid ads to be placed in their publications. This allowed specialists to make a living designing and implementing advertising as opposed to manufacturing products themselves.

Each new communication medium that has been developed has opened doors for advertising. Printing gained mass appeal just after the beginning of the Industrial Revolution. The next big leap was radio, a medium that exploded in popularity starting in the 1920s. The rise of radio commercials paralleled this development.

Television followed the same path to commercialization as radio starting in the 1950s. The next, and perhaps largest, advance for advertising was the popularization of the Internet starting in the 1990s. Each medium incrementally expanded the potential audience to the point where today an advertisement can reasonably reach everybody on the globe.

In fact, it can be argued that advertising made the different media possible. Interestingly, the need for advertising has grown with time. In print media, selling subscriptions without advertising could sustain a publication. Of course, the supplemental income from ads can expand the profitability significantly. Radio relied significantly more on advertisers since the broadcast signals could not be restricted to only subscribers at the time. Therefore, the selling of ads lifted the radio medium into profitability.

Until cable became popular, television was the same as radio. Signals were indiscriminately broadcast to antennae in homes, so advertising needed to be sold to support the industry. With cable and other subscription-based services gaining ground in the 1980s, however, television was able to separate itself somewhat from the need to sell advertisement for support.

The Internet presented a particularly tricky medium to commercialize. A subscription-based website could easily be undercut by similar free websites. This availability of widely-available free material made advertising essential for the support of Internet ventures unless a tangible product was being sold. At the time, many people felt the Internet was not profitable.

Nowadays, advertising is integrated firmly into every medium available to us. Commercials appear on radio, on television, and in Internet videos. Ads are placed liberally on webpages, on billboards, on buildings, and on buses to attract your eyes. Reaching an audience to persuade them has never been so simultaneously easy and complicated as it is today.

The Finer Points of Internet Auctions

WHAT IS A PENNY AUCTION?

Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.

The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.

The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.

The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.

HOW PENNY AUCTIONS WORK!

The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.

There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.

Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.

HOW TO WIN!

Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.

The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.

The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.

The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.

HOW TO AVOID SCAM SITES!

Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.

Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.

Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.

CONCLUSION!

New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.

There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.

It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.

How to Find Great Live Auctions for Resale Items

Hi, my name is Walt. I’m an auctioneer with 25 years of experience in the auction business and licensed in the state of MA. I own Quick Auction Service, a company that specializes in building and running custom auctions, I’m also the webmaster of my own site and have been on eBay for 8 years. Besides eBay, the types of auctions I run most frequently are antiques and on-site estate auctions, although I’ve run everything from business overstock auctions to charity & special event auctions.

I enjoy sharing my knowledge and stories of the auction business. My goal for article is to help folks get the absolute most out of their auction experience.

Whether your fresh out of the package or a seasoned dealer I think I can offer something in this article to help you with your auciton adventures.

There may be as many reasons to attend auctions as there are types of auctions to attend. Maybe you want to attend an auction to buy items for re-sale on eBay, or some other market. Maybe you want to furnish your home with wonderful antiques, or you want to furnish your home as inexpensively without sacrificing quality.Some folks are just looking for a fun night out. With a little perseverance all these things are possible.

There are antiques and estate auctions, auto auctions, overstock auctions, absolute and no reserve auctions, real estate auctions, specialty auctions where only one genre of items are sold, tailgate auctions, live auctions, online auctions, sealed bid auctions, silent auctions, charity and fund raising auctions and many more.

Can you really buy for pennies on the dollar at an auction? You bet! Many times I’ve seen folks buy and re-sell at the same auction on the same night for a good profit, although be advised, this should only be done after the auction is over.

There are a lot of ways to find an auction, but here are some tips on how to find and attend the best ones.

Visit the genre of shops in the area that apply to the type of auction you want to attend. IE: If your looking for a good antique auction to attend, stop in the local antiques shops and ask for what there are for good auctions in the area. Sounds obvious right? But listen to what they don’t say as well as what they do say. Oftentimes when a dealer speaks poorly about an auction he or she attends, it may be likely that they are trying to keep a good thing secret. Think for a moment, why would a dealer keep attending a lousy auction?

Newspaper ads: I personally like to find ads in the classified ad section rather than flashy display ads. Flashy ads are usually indicative of an auction that will be high priced, may have reserves, (a set price on an item), and usually an enormous crowd. While any auction can be profitable to attend, it is usually best to steer clear of the glitzy ones, at least for the beginner.

Here’s the minimum you want to find out before you go. If there is a phone number in the ad, call and ask for the terms of the sale. What forms of payment do they accept? Is it an absolute auction? An absolute auction is one that has no minimum or reserve bids on items. These are the best auctions to attend! Is there a buyers premium? A buyers premium is like a tax that everyone who makes purchases at that auction must pay above the winning bid price. Most auctions these days do charge a buyers premium, 10% is not unreasonable but I feel much more than that is greedy, and the auctioneer that charges over 10% is counting on most bidders not doing the extra math as the bids quicken in pace.

A fair auction will have ample time to inspect the merchandise, usually at least 2 or 3 hours. Find out when inspection starts and make sure to attend! Never attend an auction if you can’t make the inspection, not unless your prepared to gamble. Most auctioneers sell at a rate of about 100 items per hour, which is why they sell “as is”. They simply don’t have the time to give a detailed description of all the items. Since almost all items at auction are sold AS IS, there are sure to be some damaged, refinished, fake and incomplete items at any given auction. Beware of any auctions that offer very little or no inspection time.

Good auctions will usually have 150 to 400 lots. A lot may be one item or a group of items. The exception to this are specialty auctions, auto auctions, real estate auctions etc.

When you attend your first sale, take note of the 1/2 dozen or so dealers that buy the most often. See if you can find out about other area auctions they attend.

When you do find an excellent auction, attend it as often as possible. By frequenting good sales, you help increase the bottom line of that business. It’s difficult for many auctioneers to keep the quality of merchandise consistent, so good attendance certainly helps. And when an auctioneer gets to know you as a buyer, he/she will go out of the way to accommodate you, to keep you coming back.


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