Government Surplus - How to Out eBay Veteran eBayers

By Doug E Smith

Auctioning off merchandise on eBay is one of the earliest and perhaps most effective ways to sell goods and develop a rewarding online home based business. A few years ago it was quite easy to make money this way, however, lately eBay has been increasingly competitive with sellers, making it difficult to track down items that are unique and cheap enough to make a decent profit from. If you use online wholesalers, you are at a competitive disadvantage among eBayer's, because many receive volume discounted pricing on merchandise that you would have to compete against.

Here is a way you can have a competitive advantage and make much higher profit margins then long time eBayers. There are millions of items that the government acquires through diverse means such as bankruptcies, unpaid taxes, repossessed items, unclaimed items or government surplus that they simply want to quickly get rid of. You can buy these items either online from government web sites or from live government auctions held locally across the US and Canada. Because the government has a zero cost basis for these items, they aren't concerned about selling at high prices like a wholesaler is, so you can purchase items for far less then what they are worth.

Purchasing products at government auctions means you are getting deeply discounted distinctive merchandise. These auctions have a broad range of products that are effective for selling on eBay including items such as jewelry, electronics, office equipment, etc. Many of the items are sold in bulk or larger quantities which allows for a quicker eBay set-up for the items. To provide an example, at a government auction I recently attended someone bought 11 ATM machines for $45 each which they sold for $467 each and another person bought 43 digital cameras for $600 which they auctioned off on eBay for a 700 percent profit.

So if you've never sold an item on eBay then I would recommend going to eBay and spending 15 minutes creating a free eBay account and entering a fabricated sale item (just follow eBay's prompts). This will help you to understand how to sell items on eBay and show you how painless it is.

Then visit the Government Auction Review Site below and check which government auction site is the right one for locating the best government auctions and items listed at each (both online and live auctions). Once you know the government auction site that will offer access to virtually unlimited items for you to resale, then join that site.

All you have to do now is explore government auction sale items online and/or visit a local live government auction. Then buy items amongst the many great deals and list them on eBay for a nice profit. Viola, eBay's entire audience has access to your products and can now bid on them.

Congratulations, you are on your way to what will definitely be a very lucrative Internet business.

To read reviews and ratings on the top government surplus auction sites check out Government Auctions