How To Start a Home Based Business Using a Foolish Idea

Unemployment rates are still high and many people have been unable to find a job. With so many people out of work, there are far more applicants than job openings. It is staggering to see there are thousands of people struggling everyday trying to make ends meet. On any given day, you hear a story about families living in their car, or forced into a homeless shelter because they simply ran out of money and have nowhere else to go.I thought this was America, the greatest country in the world. How did we get here? It seems that somewhere along the line we lost our vision, our dream. Take a look around. If we are not careful, there will be nothing left for our children and grandchildren. So, what can you do to survive? Be creative. Use experience from jobs previously held to start your own home-based business. Most people have transferable skills that can be applied to another job or business.There are numerous free ad websites such as craigslist, community newspapers, or classified ads, that you can use to get an idea of services people are looking for. But you must use caution and beware of scam artists who might be waiting to exploit you and steal your identity. NEVER pay anyone who advertises, “if you send them money”, they can find you a job. They know you are unemployed and more likely than not, will victimize you in some way. A little bit of common sense goes a long way. If it sounds too good to be true, then it probably is.Ideas to Start A Home Based Business

Lawn and garden. Everyone needs their lawn cut. Many older Americans are no longer able to keep up their yard. Equipment needed: lawn mower, edger. Start advertising by getting some business cards and flyers made and distributing them.
Car or Van service. Start a carpool and charge by the week. With high gas prices, people are looking for alternative ways to save commuting time.
Cooking. Make up a menu and take them to barbershops, hair salons, or other professional businesses, and offer to take orders and deliver meals. Many of these professionals do not have time to prepare a healthy meal and would welcome a home cooked meal.
Kiddie Cab. Children have doctor and dental appointments. Sometimes it’s difficult for parents to get time off from work.
Avon. $10 to start. You can leave books in your neighborhood, church, doctor’s office, etc.
Translation services. If you are bilingual this could be an excellent opportunity.
Cleaning services. There are many foreclosed properties sitting on the market. Visit or call real estate companies and negotiate a flat fee to clean the properties. Good way to also offer lawn care services.
Piano lessons. Offer in home lessons.
Event planner. Everyday someone is planning an event, whether it be a wedding, church function, family reunion or party.
Alterations services. Check out what stores charge for alterations and beat their price.
Hair braiding. Very lucrative (check for licensing requirements)
Elder care services. High cost of insurance prevents families from providing quality care for their elderly parents or relatives. If you have a background in the health industry, you could offer to do in-home care.
Relocation and Moving. Providing information to people relocating to new city.
Car detailing
Window tinting
The possibilities of starting a home business are endless. Think about what you really enjoy doing. Many of the suggestions listed above do not require spending large amounts of money. Search online for grants that may be available. Start off small and put back any money you make back into the business for equipment or advertising. Whatever your case may be, you have numerous ways to select the right home-based business.

Real Estate Auctions – The New Land Rush

On a sunny afternoon in Florida, an energetic crowd gathers on the lawn of a high end luxury estate. A loud and eager banter between an auctioneer, a group of bidders and bidder assistants fills the air. For several minutes the auctioneer asks for the next highest bid and the bidders respond. Suddenly the bidders grow silent. The high bidder holds his breath in anticipation of winning the auction. The auctioneer calls for one more bid. In a loud clear voice which rolls over the audience he says, “Fair warning, last chance” the auctioneer pauses, “SOLD!” And in less than 10 minutes another multimillion dollar estate has changed owners.

Successful real estate auctions like the one above are happening all over North America and the Caribbean. Recently real estate auctions have been on the rise, the increase in popularity is partly driven by growing inventories and fading buyer confidence. Properties that were selling in weeks using traditional methods are now languishing on the market unable to attract buyers even as seller’s lower prices. Many say the real estate boom is over but savvy buyers and sellers are profiting from real estate auctions.

Real Estate Auctions Work in Up or Down Markets.

Regardless of trends or market cycles, real estate auctions provide an open and transparent process for buyers and sellers. Properly conducted real estate auctions attract ready and willing buyers and motivate them to act now.

The auction method removes the “wait and see” attitude which serves to further depress real estate values. Buyers are always concerned about overpaying. Buyers gain confidence with their purchases at real estate auctions because they can see what others are willing to pay.

When market demand is high and inventories low, real estate auctions can deliver selling prices well above what a willing seller would have accepted in a negotiated private treaty sale. In good selling climates many property owners using traditional real estate methods; negotiating with one buyer at a time, leave thousands of dollars of equity on the table. During up markets real estate auctions are the best way to establish top market price.

Evaluating Your Real Estate for Auction

Not every property or seller for that matter makes a good candidate for auction. First of all sellers must be ready to sell now and for the current market value. Also a real estate auction will not fix problems caused by a downturn in market value of your property, if you owe more than a willing buyer will pay, be prepared to come to closing with your check book.

Properties that do well in real estate auctions have a high uniqueness factor. Ask your self, “What makes my property different from most others?” Maybe you own a resort property or high end luxury home, commercial properties and land do very well at auction. Real estate auctions thrive on uniqueness. If your property is like everyone else’s, the best thing you can do is offer the most competitive price.

Most importantly sellers must be reasonable about setting a minimum bid. A seller must look at the lowest, most current comps and price below that to generate the interest and urgency necessary for a successful real estate auction. Once the auction begins and qualified bidders start competing against one another you can watch the selling price increase.

Locate a Qualified Real Estate Auctioneer

Start by checking with the National Auctioneers Association, the best real estate auctioneers belong to this organization. These real estate auctioneers are well trained and adhere to a standard of practice and a code of ethics. Many attend the annual International Auctioneers Conference where the latest techniques and innovations in the real estate auction industry are presented.

Find out if the company you are interviewing is a full time real estate auction firm. Many real estate agents are getting auction licenses yet have no experience with the auction method of marketing. Conducting a successful real estate auction is nothing like (private treaty) traditional real estate sales. Go with a real estate auction pro.

You’re probably better of with an auction house that specializes in real estate auctions. There are many qualified auctioneers who have generations of experience selling personal property; furniture, dishes, lawn equipment and the occasional rare painting. Selling real estate at auction is a complex matter that should only be attempted by full time experienced real estate auction professionals.

Commissions and fees may vary, sellers must pay all marketing expenses up front and buyers typically pay 10% of the sales price to the auctioneer of which a share goes to participating real estate agents.

Types of Real Estate Auctions

Auctions are effective because they create a seller’s market. Professionally conducted real estate auctions create urgency, a reason to buy today and competition for the property. Terms and conditions of sale are established ahead of the auction. Real estate auctions will follow one of these three approaches:

Absolute Auction

The property is sold to the highest bidder regardless of price- using this process often returns the highest sale price.

Minimum Bid Auction

Seller agrees to sell at or above a published minimum bid price – this method is useful for internet auctions.

Seller Confirmation or Reserve Auction

With a reserve auction, the seller “reserves” the right to accept or decline any bids usually within 48 hours of the auction. Reserve auctions are used when there is a lien on the property from a lender or a court ordered sale with a minimum selling price.

Be Successful in a Home Based Business

To be successful in a home based business, you will need to:1- Select the right opportunity for you, depending on your idea of a home based business and also of what you will like to do, so that you will enjoy and put your heart and energies on it.2- You need to be very precise and differentiate from a job and a business from home. The business will required dedication, time, energy and investments.3- Once you have your mind set of what you want and you have decided that you want to build a home based business then you need to diferenciate your work area and time from the regular hours and space for and with your family.4- A Home Based Business is not different from any other business, means you will required a permanent phone line that only you will anwers and a computer with a high speed internet connection just for work.A Home Based Business:1. Accounting
2. Auctions: Sell on eBay and other Online Auctions
3. Answering services
4. Consulting services
5. Cleaning services
6. Dance Instructor
7. Freelance photographer, journalist.
8. Medical Transcriptionist
9. Translator
10. Recruiter
11. Write and sell ebooks
12. Day Care Service
13. Network Marketing
14. Direct sales on the internet
15. Internet search services
16. Selling Arts and Crafts
17. Virtual assistance
18. Resume writing servicesIn any of the cases or opportunity that will select you will need a training on the best way to promote your business and all the knowledge required to be successful in your business. Marketing your business is the key of your success and marketing on the internet will allow you put your ideas and products in from of the whole world in just a click. To gain this position will decide your success.