Hello, everyone! How are you? Recently an incredible experience in São Paulo: There was a visit to the Sequoia headquarters to pick up two lots auctioned in auctions extrajudicial. If you are curious to know what was auctioned, how much was paid and if you can profit from it, keep reading this article!
How to Start Investing in Auctions with Little Money
Have you ever thought about investing in auctions, but think it’s something only for millionaires? We’ll demystify this idea and show you how you can start taking advantage of this market even if you don’t have much money in your pocket. Follow along and find out how it’s possible!
Demystifying Auctions
When we think of auctions, we often imagine that they are exclusive to the wealthy. After all, who doesn’t associate auctions with million-dollar items? However, this idea is far from reality. The world of auctions is much more accessible than it seems and offers opportunities for everyone, regardless of the amount of money available to invest.
Opportunities for All
As mentioned, you can find items of all sorts at auctions, from items that cost pennies to items worth millions. So if you’re just starting out, don’t worry about trying to win big items. Start with items that fit within your current budget. You can buy everything from household items like blenders and irons to furniture, cars, and real estate.
Understand the Withdrawal Process
Sequoia’s headquarters is a busy place, filled with products awaiting their new owners. However, for security and privacy reasons, the withdrawal of the lots was not recorded internally. Nevertheless, all details of the auctioned products will be shared!
The Auctioned Products
Shortly after arriving at the office, the lots were unwrapped to show what had been purchased. Four Samsung A10s phones and two Xiaomi Mi A3 phones were auctioned. All devices are in perfect condition, sealed and ready for sale.
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Why Does Sequoia Hold Auctions?
Sequoia is a large logistics company that provides services to several e-commerce sites, such as MercadoLivre and Magazine Luiza. From time to time, it holds extrajudicial auctions to sell products that have been lost during the logistics process. These auctions are a great opportunity to buy new products at below-market prices.
Is it Worth Investing in Auctions?
Absolutely! In addition to being an effective way to acquire products at reduced prices, it is possible to resell them and make a great profit. Let's do the math: we paid R$1,940 for the four Samsung A10s and R$1,035 for the two Xiaomi Mi A3s. On the market, these devices can be sold for approximately R$1,200 and R$1,980, respectively. As a result, the profit will be more than R$2,500!
Tips for Buying at Auctions
Although buying at auctions is advantageous, you need to be careful not to pay more than the fair value. In order to avoid losses, it is essential to learn from those who already have experience.
Step by Step for Beginners
- Analyze Your Budget: Define how much you can invest initially. Even if it is little, the important thing is to start.
- Know the Auction Rules: Understanding how auctions work is crucial. Learn about the rules and how each process works.
- Payment Methods: Check the payment options available. Some auctions accept cash payments, while others allow payment in up to 12 installments on your credit card. This flexibility can be an important differentiator.
Investment Strategies
In addition to buying alone, consider buying together, or as a condominium, with friends or family. This strategy allows you to increase your purchasing power, enabling you to purchase more valuable items. For example, if you have R$ 10,000 to invest and find five other people with the same amount, you can pool R$ 60,000 to buy a more expensive item.
Finally, Action!
Getting started is certainly the most important step. Don’t just stick to theory; get practical. Participate in auctions, even if you’re initially bidding on low-value items. Practical experience will teach you valuable lessons that no amount of theory can provide.
You can make money from auctions using just the cell phone?
Yes, there are some applications specific to auctions that you can use directly on your mobile phone. Here are some options:
- VIP Auctions:
- THE VIP Auctions is the largest auction portal in the country. With this app, you can participate in daily auctions, find a variety of vehicle models (new and used), and have access to photos, videos, and detailed descriptions of each lot. They also offer services such as financing, vehicle visits, and shipping throughout Brazil.
- LeiloApp:
- THE LeiloApp It is geared towards livestock farming and allows you to bid directly from your cell phone. In addition, you can receive notifications about lots and even invite other trusted people to manage your account. It is a great option if you are interested in cattle and other animal auctions.2.
- Auction Support:
- Although it is not an app, the Auction Support offers software to manage auctions. It includes features such as registration, lot consultation, payment, document issuance and much more. It is a complete solution for those who work with auctions3.
Remember to check the options available in your area and choose the one that best suits your needs.
In summary
Participating in online auctions is a great way to increase your income by buying and selling products. At first, it may seem challenging, but with time and practice, the results are surprising.
Certainly, the experience accumulated over the years shows that it is possible to profit significantly from this practice.
So, if you want to increase your income or even change your career, auctions can be an excellent opportunity. Analyze your possibilities, define strategies and start participating. After all, only those who participate win! And remember, the first step is the most important. So, take action right now and explore this world full of opportunities!
Want to know more about auctions and how to make the most of them? Keep following our publications and don't miss any tips!
