Online auctions are not just sites where Netizens can spend all of their hard-earned pocket change. They also offer a place to sell used or unwanted goods. Auction IT , for instance, offers a place for companies to resell their old computer systems. The site offers PCs, workstations, mainframes and networking materials. Using online auctions can be simple but intimidating.
Most sites require users to pre-register before making any bids or sales.
This pre-registration requires a working email address, a working phone number and a valid address. Some users may be reluctant to share this information, but the sites only give the information to other registered members. Users should be aware that some online auctions take a commission out of any profits that a seller may make. For those Internet users with an entrepreneurial spirit, online auctions can be a good starting place to practice business skills. Users can set up their own online auctions with software such as OpenSite 3.0 which is endorsed by The Internet Auction List .