Travel Auctions: Steals and Deals

Travel auctions are a marketplace where you can “Bid On” or “Buy Now” airline tickets, room nights, tours, cruises and all-inclusive vacations. They provide enthusiastic travelers a means to get more from their travel dollars than they ever thought possible!

If you’ve never bid on airfare through online travel auctions site there are a few things you need to be mindful of. You can’t just jump into an auctions and expect to get a killer steal and/or deal on a discount flight to Cancun. Each travel auction is set up differently and has different bidding requirements. That’s why before you ever place a bid on travel auctions you need to do the following:

Research all the travel auctions. Most online travel auctions run independently of each other. Each one has its own auction set up, bidding requirements, and terms and conditions. This means that not all online travel auctions are the same. Some require membership fees while others allow you to sign up for free but have restrictions on how you bid. It’s important to get as much information as you can about the travel auctions you find online. Read through all the information provided on each website (including “terms and conditions”) and get a feel for how you bid on airfare through each travel auction.

Browse all of the current Travel Auctions. After you’ve read through each travel auction’s user information and bidding guidelines, the next step is NOT to sign up. You need to first check out a few travel auctions currently underway on the site. This will give you an opportunity to check out what different travel tickets are going for. You may find that the travel auctions have very high opening bid amounts or only offer expensive package deals that are out of your price range. Always check out the bid amounts before you even think about signing up with a travel auction site. It will save you time, effort, and money.

Compare travel auctions against other online travel auctions. Browsing current travel auctions and bid amounts will give you something to compare other online airfare deals against. Travel auctions aren’t the only source for discount flights. Travel consolidators and other travel-related websites also offer great wholesale and discount rates on airfare to many popular destinations. You may even find a deal on airfare that the travel auctions just can’t beat. That’s why it’s very important for you to check out existing auction bids and compare them to other bargain travel deals you find online. It could save you a significant chunk of change in the end.

Take warning! Some travel auctions won’t tell you the exact airline, flight, or seat location connected to the tickets you’re bidding on until AFTER you’ve won the auction. And once you’ve won the auction, in many cases you’re locked in and stuck with whatever airline and flight times the tickets offer. So before you bid on any airline tickets, check to see if the travel auctions disclose All information about the flight. If it doesn’t and you bid, you’re taking a gamble on when you’re leaving, how many layovers you’ll have, and what airline you’ll be flying.

Travel auctions are definitely a viable source for discount airfare; however, they are for everyone? Before you hit the online travel auctions, do your research and see if they’ll actually help you save on your travel plans.Thus travel auctions have great value for travelers, for saving their bucks and for a comfortable travel across the globe.

Mini Storage Unit Auction Mistakes That You Need To Avoid

Storage unit auctions are a great new way to make money. You get merchandise from winning the auction and then you resell it in various ways like Craigslist and eBay. Your profits begin at the mini storage auction, to maximize your profit avoid these mistakes.

1. Traveling too far. Everyone understands the high cost of gasoline. If you travel too far to your auction this travel expense will come right out of your profits. While it is true that the more auctions you attend the more likely you are to make money, it is also true that you need to be aware of your expenses. Your best chance of succeeding is to stay with the auctions in your city. In large cities you will find auctions happening every weekend so you should have little need to travel out more than an hour or two.

2. Getting There Late. If you really want to make money at this game then get there early. If you arrive even 10 minutes early you greatly increase your chances of winning, even if you don’t get to view the items being auctioned you can still check out your competition.

3. Failure to ask questions. If you fail to ask for basic information it can really cost you. You need to call ahead and confirm that the auction hasn’t been cancelled, what the accepted methods of payment are, if you will be bidding on sealed storage bins or storage bays. You can also find out the size of the units up for auction and the bidding rules. This information will put you ahead of your competition because most people don’t ask.

4. Bidding too high on blind bids. Sometimes the storage bins or bays are sealed but most times you will at least get a quick look inside. If the units are sealed your risk is much higher so you should keep this in mind. Often the storage units are full but this may be the time that there is only a single box in the corner, so be careful. This sometimes happens when the renters have come in and removed items before the auction.

5. Failure to bring a flashlight. If the unit you are bidding on is opened you may get a quick look around. There may be little light on the inside of the unit so be prepared.

To sum up you must understand your market and what you are looking at in the storage units. If you understand the items that will sell it becomes a matter of matching it up. Of course it is always something of a gamble but your job is to lower the odds with information. Furniture and household items are always good sellers. Find out if there are name brand items, look for boxes labeled kitchen, bedroom, or living room.

You shouldn’t expect to get rich right away. Your success with mini storage unit auctions has a big element of luck, while you may profit on your first auction, it is equally true that you may not. However, the more you buy the greater the opportunity of making a profit is.