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eBay: No Way? Yes Way (Ten Seller Themes)


Hearing that there are more than 1.2 million registered eBay users, that more than 25,000 members make five figure income as full time eBay entrepreneurs, and that more than 250,000 part timers make several thousand dollars a year of supplementary income from eBay enterprises would make anyone comment in disbelief with, "No Way". But the correct response to this is, "Yes, way." In fact, it has also been reported that the number one eBay entrepreneur makes over a million dollars a year. As Austin Powers would say, "Yeah, Baby." Or should we say, "E-Baby."

So what's the deal with eBay, anyway? There is a lot more to it than one would think. It can be simple for an occasional buyer, but it gets increasing complex as users/sellers become more entrenched at deeper levels of use. Here are 10 key ideas or themes for sellers to consider about this phenomenon called "eBay".

1. What 's for sale? While some sellers are out scavengering the garage sales and their own garages, others are purchasing quantities of items wholesale to put up for auction. One would think that the right product is of paramount consideration, and most sellers agree that the unusual or the hard to find is the best bet. However, this is not always true either. Timing, meaning the right person at the right time seeing your item, is where it is at. You have to be visible and be out there with a clear message or product that seems like a steal, or at least reasonably priced. With the thousands and thousands of items for sale, there is no shortage of competition. However, the good thing is that there are a lot of buyers out there that should enable the sale of just about anything.

2. Communication and descriptive details about your product is a key in getting noticed. The description of your item and the pictures to display it will get the buyer's attention. If a person is a serious seller, having an adequate digital camera is a must. Again, photos are extremely important.

3. The well written detailed description to accompany the item is of great benefit. Being open and honest about the item will demonstrate integrity as a seller and will keep people coming back. Being available to answer questions for prospective buyers and remembering to be courteous and helpful follows along with the never-to-be forgotten premise of "the customer is always right."

4. With customer feedback being a key element in the ratings statistics that will promote you or haunt you during your eBay career, it is important for a seller to be professional and kindly in all business dealings. People like and appreciate personal attention. Take the time to give it. Being positive, accommodating and helpful is a winning combination for good customer relations.

5. Shipping information and how you present it can win over a customer because they notice when a buyer is tying to take advantage and ask an unreasonable amount for shipping. Of course, a seller must take into account time spent, the handling charge, when pricing the shipping. Time is money, and a seller should be compensated for all aspects of the service that is provided.

6. Some advice about setting up your auction items would be to consider having your item run seven days with an end of bidding time somewhere between 7 PM and 9 PM on a Sunday night. That seems to be the consensus amongst the top sellers. There has been much dialog on just how to increase the amount and number of bids, but there are too many variables to consider. Suffice to say, it really does depend on the product itself (and what the condition and competition is our there).

7. Some of the most unique aspects of selling have to do with the seasonal items that permeate the auction block at certain times of the year. If a seller wants to work year-round, he or she will have to broaden the horizon by finding seasonal items for all seasons. Yes, you can sell Christmas items and move right into Valentines Day and Easter and so on. Why not? These are what people are looking for.

8. One controversial topic is drop shipping. If a seller is getting a product from a third party, drop shipping is a convenient way for the seller to deliver the product. It keeps them out of it. However, that means that a back ordered item could result in a poor rating for the seller because the item was delayed. Most buyers picture the item in the hands of the seller and expect to receive it within a few days. The pros and cons of this arrangement need to be carefully considered.

9. Now to the fun part. How do you get the money? More and more people are using PayPal. It is quick, efficient and simple. A seller can make other arrangements and accept a check or money order, but the wave of the future is setting up an account with PayPal. In addition, setting up an online account with the United States Postal Service will also save countless hours in the lines at the post office. Work smarter, not harder, etc., etc.

10. A seller can look at other things to sell besides a physical product or item. Many are getting into self publishing or offering a service. Some expanding entrepreneurs are opening up a consignment shop situation, which helps those who want to sell but "don't do computers." The possibilities are unlimited.

Selling products and services from a home-based business can be an exciting, and hopefully profitable, situation. Go into it with a solid plan based on accurate information and with the knowledge that it is going to be hard work, just like any other job.

For more on eBay selling and using online auctions visit the How To Sell On eBay Resource Page located at http://www.sbmag.org.

Copyright usage: No permission is needed to reproduce this story. The About the Author statement with hot links must remain in tact. Request for reciprocal links will be considered. mailto:[email protected]

About the Author
Barbara Snyder is a retired California Distinguished School Principal and Coordinator For Human Resources. She has a master's degree in Curriculum and Instruction. She holds elementary education, secondary, community college, and administrative credentials. She is currently the publisher of http://EducationResourcesNetwork.com, co-publisher of Strictly Business Magazine, http://www.sbmag.org.


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Thu. June / 30 / 2022

Elvis Presley’s boyhood home goes on the auction block - FOX 5 DC
Elvis Presley’s boyhood home goes on the auction block  FOX 5 DC

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Biden administration oil, gas auctions kick off with thin industry response  Reuters

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Ritchie Bros. Sells $114MM in Equipment in Recent Auctions in Texas and Alberta  Monitor Daily

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$51.4 Million Sold via HiBid.com Last Week; Jewelry and Coin Auctions Featured This Week  PR Newswire

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The HSNY 2022 Online Charity Auction  HODINKEE

Own your own campground: Former Boy Scout camp goes up for auction in Indiana - FOX 59 Indianapolis
Own your own campground: Former Boy Scout camp goes up for auction in Indiana  FOX 59 Indianapolis

5 Can’t-Miss Lots Coming to the Block at Sloane Street Auctions, Including a Covetable Pair of Joshua Reynolds Portraits - artnet News
5 Can’t-Miss Lots Coming to the Block at Sloane Street Auctions, Including a Covetable Pair of Joshua Reynolds Portraits  artnet News

PUBLIC AUCTION These vehicles will be sold at Public Auctions - Rockdale Newton Citizen
PUBLIC AUCTION These vehicles will be sold at Public Auctions  Rockdale Newton Citizen

How GuysWithRides Founder Rudy Samsel Wants To Bring Online Auctions Back To Reality - HotCars
How GuysWithRides Founder Rudy Samsel Wants To Bring Online Auctions Back To Reality  HotCars

Banking on the Monets: Christie's London to Paris relay auctions bring in a solid £203.9m - Art Newspaper
Banking on the Monets: Christie's London to Paris relay auctions bring in a solid £203.9m  Art Newspaper

Auctions How Are Auction Houses Preparing For A Potential Economic Downturn? - HODINKEE
Auctions How Are Auction Houses Preparing For A Potential Economic Downturn?  HODINKEE

Broad Arrow Auctions Announces the Fleischman Collection: A Single Owner Offering of 28 Outstanding Motor Cars, Offered Almost Entirely Without Reserve, Set to Headline the Monterey Jet Center Auction this 18 August 2022 - Yahoo Finance
Broad Arrow Auctions Announces the Fleischman Collection: A Single Owner Offering of 28 Outstanding Motor Cars, Offered Almost Entirely Without Reserve, Set to Headline the Monterey Jet Center Auction this 18 August 2022  Yahoo Finance

Pokémon TCG: 1st Ed Dark Charizard Up For Auction At Heritage - Bleeding Cool News
Pokémon TCG: 1st Ed Dark Charizard Up For Auction At Heritage  Bleeding Cool News

Next Chapter of Karl Lagerfeld Auctions Highlights Couturier's Sketches - WWD
Next Chapter of Karl Lagerfeld Auctions Highlights Couturier's Sketches  WWD

Auction Calendar: July 1, 2022 - Wisconsin State Farmer
Auction Calendar: July 1, 2022  Wisconsin State Farmer

1968 Chevrolet Corvette Sportwagen: Today's BaT Auction Pick - Car and Driver
1968 Chevrolet Corvette Sportwagen: Today's BaT Auction Pick  Car and Driver

Midyear Outlook And Treasury Auctions (Radio) - Bloomberg
Midyear Outlook And Treasury Auctions (Radio)  Bloomberg

INTERVIEW: Global interest in Saudi Arabia's mineral auctions surprises to upside - S&P Global
INTERVIEW: Global interest in Saudi Arabia's mineral auctions surprises to upside  S&P Global

Carter Center Weekend to Feature Live, Silent, and Online Auctions - The Carter Center
Carter Center Weekend to Feature Live, Silent, and Online Auctions  The Carter Center

HiBid.com Auctions Include Classic Cars, Collectible Sports Cards and Estate Items; Over $47M Sold in Last Week's Auctions - PR Newswire
HiBid.com Auctions Include Classic Cars, Collectible Sports Cards and Estate Items; Over $47M Sold in Last Week's Auctions  PR Newswire

Tiffany lamp sells for $541,000 at Lancaster County auction - WGAL Susquehanna Valley Pa.
Tiffany lamp sells for $541,000 at Lancaster County auction  WGAL Susquehanna Valley Pa.

Society Notebook: Boys & Girls Clubs benefit from auctions at brewery - Press Herald
Society Notebook: Boys & Girls Clubs benefit from auctions at brewery  Press Herald

Supreme Auctions Sells Rare North Dallas Modern Farmhouse in Pilot Point, Texas - EIN News
Supreme Auctions Sells Rare North Dallas Modern Farmhouse in Pilot Point, Texas  EIN News

Alabama top court says local governments can’t pocket excess money from tax auctions - AL.com
Alabama top court says local governments can’t pocket excess money from tax auctions  AL.com

GSA Auctions Another Series of Crypto, Valued at $268K - Nextgov
GSA Auctions Another Series of Crypto, Valued at $268K  Nextgov

Dmitry Muratov auctions Nobel prize for $103.5M for Ukrainian refugees - The Washington Post
Dmitry Muratov auctions Nobel prize for $103.5M for Ukrainian refugees  The Washington Post

This Week in Memorabilia Auctions: Michael Jordan, LeBron James & Albert Einstein Make Up Surprises, Disappointments & Unique Sales - The Action Network
This Week in Memorabilia Auctions: Michael Jordan, LeBron James & Albert Einstein Make Up Surprises, Disappointments & Unique Sales  The Action Network

Propstore auctions rare screen-used 'Red Leader' X-wing model from 'Star Wars: A New Hope' (exclusive) - Space.com
Propstore auctions rare screen-used 'Red Leader' X-wing model from 'Star Wars: A New Hope' (exclusive)  Space.com

RESULT OF RIKSBANK REVERSED AUCTIONS KOMMUNINVEST BONDS - GlobeNewswire
RESULT OF RIKSBANK REVERSED AUCTIONS KOMMUNINVEST BONDS  GlobeNewswire

Miners are dumping GPUs via livestreamed auctions - PC Gamer
Miners are dumping GPUs via livestreamed auctions  PC Gamer

Nearly 800 Properties May Be Up For Auction | News, Sports, Jobs - Jamestown Post Journal
Nearly 800 Properties May Be Up For Auction | News, Sports, Jobs  Jamestown Post Journal

Vedanta, 30 other companies submit bids in commercial coal mines auctions - Business Standard
Vedanta, 30 other companies submit bids in commercial coal mines auctions  Business Standard

Orange County auction of surplus equipment offers tons of useful items - WESH 2 Orlando
Orange County auction of surplus equipment offers tons of useful items  WESH 2 Orlando

Reinventing Wine Auctions: Napa Valley Succeeds With $1.5 Million Raised At 2022 New, More Inclusive Auction Format - Forbes
Reinventing Wine Auctions: Napa Valley Succeeds With $1.5 Million Raised At 2022 New, More Inclusive Auction Format  Forbes

Bonhams’s Shopping Spree Continues as It Acquires Its Fourth Auction House This Year - artnet News
Bonhams’s Shopping Spree Continues as It Acquires Its Fourth Auction House This Year  artnet News

Buying a Home at Auction? These Tips Will Help You Prepare Yourself. - Think Realty
Buying a Home at Auction? These Tips Will Help You Prepare Yourself.  Think Realty

Dead Roaches That Ate Moon Dust Went Up for Auction. Then NASA Objected. - The New York Times
Dead Roaches That Ate Moon Dust Went Up for Auction. Then NASA Objected.  The New York Times

Recent NFT auctions have flopped - will they follow cryptocurrency's downward trend? - iNews
Recent NFT auctions have flopped - will they follow cryptocurrency's downward trend?  iNews

San Diego Comic-Con 2022 Badge Auctions to Benefit Museum - sdccblog.com
San Diego Comic-Con 2022 Badge Auctions to Benefit Museum  sdccblog.com

55-Mile 1987 Buick GNX Headed to Mecum Orlando Auction - GM Authority
55-Mile 1987 Buick GNX Headed to Mecum Orlando Auction  GM Authority

Today in Crypto: While Down, NFTs Hold Value in Christie’s Auction; US Gov’t May Delay Crypto Data Collection; N. Korean Hackers Suspected in $100M Harmony Blockchain Hack - PYMNTS.com
Today in Crypto: While Down, NFTs Hold Value in Christie’s Auction; US Gov’t May Delay Crypto Data Collection; N. Korean Hackers Suspected in $100M Harmony Blockchain Hack  PYMNTS.com

FERC Approves ISO-New England’s Implementation of Capacity Market Design Changes and MOPR Elimination - JD Supra
FERC Approves ISO-New England’s Implementation of Capacity Market Design Changes and MOPR Elimination  JD Supra

Magic: The Gathering: Mana Crypt Promo Up For Auction At Heritage - Bleeding Cool News
Magic: The Gathering: Mana Crypt Promo Up For Auction At Heritage  Bleeding Cool News

Online surplus item auction now live, Alabama agency says - AL.com
Online surplus item auction now live, Alabama agency says  AL.com

Masters of (Bidding) War: Rare Copy of ‘The Freewheelin’ Bob Dylan’ Headed to Auction - Rolling Stone
Masters of (Bidding) War: Rare Copy of ‘The Freewheelin’ Bob Dylan’ Headed to Auction  Rolling Stone

The District Attorney's Office auctions off jewelry, expensive luxury items seized as evidence during a criminal investigation. - County of San Luis Obispo
The District Attorney's Office auctions off jewelry, expensive luxury items seized as evidence during a criminal investigation.  County of San Luis Obispo

PJM capacity prices fall 32% with more nuclear, solar capacity clearing in the latest auction - Utility Dive
PJM capacity prices fall 32% with more nuclear, solar capacity clearing in the latest auction  Utility Dive

City puts Redbird train car up for public auction - Spectrum News NY1
City puts Redbird train car up for public auction  Spectrum News NY1

Japan to resume offshore wind power auctions by year-end after revising rules - Reuters.com
Japan to resume offshore wind power auctions by year-end after revising rules  Reuters.com

Resident anger as Dulwich Prep school auctions off a car parking space - BrixtonBuzz
Resident anger as Dulwich Prep school auctions off a car parking space  BrixtonBuzz

No need for attorney review on real estate auctions, N.J. Supreme Court rules - NJ.com
No need for attorney review on real estate auctions, N.J. Supreme Court rules  NJ.com

ELITE AUCTIONS Announces Auction of $5.25 Million 4-Story Beach House & Vacation Rental Business in Panama City Beach, FL, July 2 - PR Web
ELITE AUCTIONS Announces Auction of $5.25 Million 4-Story Beach House & Vacation Rental Business in Panama City Beach, FL, July 2  PR Web

eBay Live is the online auction site's new livestream sales platform - The Verge
eBay Live is the online auction site's new livestream sales platform  The Verge

Fat Joe And Mayor To Auction Off Rare Nike Air Force 1 Collection In Support Of Virgil Abloh’s “POST-MODERN” Scholarship Fund - Sneaker News
Fat Joe And Mayor To Auction Off Rare Nike Air Force 1 Collection In Support Of Virgil Abloh’s “POST-MODERN” Scholarship Fund  Sneaker News

'A piece of history for your house': Missouri auctions stone salvaged from Capitol Building • Missouri Independent - Missouri Independent
'A piece of history for your house': Missouri auctions stone salvaged from Capitol Building • Missouri Independent  Missouri Independent

Heritage Hong Kong Platinum Auction Open for Bidding - CoinWeek
Heritage Hong Kong Platinum Auction Open for Bidding  CoinWeek

Auction Calendar: June 3, 2022 - Wisconsin State Farmer
Auction Calendar: June 3, 2022  Wisconsin State Farmer

Bifrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions - Cointelegraph
Bifrost releases upgraded SALP 2.0 after protocol helped secure $450M via parachain auctions  Cointelegraph

Penn State Extension expands resources for growers at produce auctions - Pennsylvania State University
Penn State Extension expands resources for growers at produce auctions  Pennsylvania State University

Artesian Builds auctions off PC hardware & more after bankruptcy filing - Dexerto
Artesian Builds auctions off PC hardware & more after bankruptcy filing  Dexerto

Antique guns owned by late Harrisburg Mayor Stephen Reed fire up auction prices - PennLive
Antique guns owned by late Harrisburg Mayor Stephen Reed fire up auction prices  PennLive

County Police to Auction Off Cars, Trucks, Motorcycles - East Hampton Star
County Police to Auction Off Cars, Trucks, Motorcycles  East Hampton Star

SEC Weighs Sending Retail Stock Orders to Auctions for Execution - Bloomberg
SEC Weighs Sending Retail Stock Orders to Auctions for Execution  Bloomberg

Showplace Auction Presents NYC Metro Area Treasures - Antiques And The Arts Weekly - Antiques and the Arts Online
Showplace Auction Presents NYC Metro Area Treasures - Antiques And The Arts Weekly  Antiques and the Arts Online

Batman: The Dark Knight Returns #1 Original Cover Art Auctions For $2.4 Million - IGN - IGN
Batman: The Dark Knight Returns #1 Original Cover Art Auctions For $2.4 Million - IGN  IGN

Broad Arrow Auctions Announces Early Auction Highlights from “The Hangar House Collection” Comprising Six Late Model Sports Cars to be Offered Without Reserve at the Palm Beach County Convention Center 18-19 November 2022 - GlobeNewswire
Broad Arrow Auctions Announces Early Auction Highlights from “The Hangar House Collection” Comprising Six Late Model Sports Cars to be Offered Without Reserve at the Palm Beach County Convention Center 18-19 November 2022  GlobeNewswire

Nebraska Public Service Commission will conduct reverse auction to expand broadband - Lincoln Journal Star
Nebraska Public Service Commission will conduct reverse auction to expand broadband  Lincoln Journal Star

Receiver asks for court approval to auction assets of Annie’s Campground - WSAW
Receiver asks for court approval to auction assets of Annie’s Campground  WSAW

Igneo drops out of Loscam ANZ auction - The Australian Financial Review
Igneo drops out of Loscam ANZ auction  The Australian Financial Review

Auction House Sells Property Six Weeks Prior to Auction! - PR Newswire
Auction House Sells Property Six Weeks Prior to Auction!  PR Newswire

First live auction of wetland credits in South Dakota to be held Friday in Wentworth - Drgnews
First live auction of wetland credits in South Dakota to be held Friday in Wentworth  Drgnews

Environmental Groups Sue to Block Biden Administration Oil and Gas Auctions - Latest Tweet by Reuters | LatestLY - LatestLY
Environmental Groups Sue to Block Biden Administration Oil and Gas Auctions - Latest Tweet by Reuters | LatestLY  LatestLY

Auction sale yields $115540 in proceeds for local construction company victimized by embezzlement - County of San Luis Obispo
Auction sale yields $115540 in proceeds for local construction company victimized by embezzlement  County of San Luis Obispo

Rare portrait by Francis Bacon fetches $52.8 million at auction - CNN
Rare portrait by Francis Bacon fetches $52.8 million at auction  CNN

Warren Buffett Charity Lunch Auctions for $19 Million USD | HYPEBEAST - HYPEBEAST
Warren Buffett Charity Lunch Auctions for $19 Million USD | HYPEBEAST  HYPEBEAST

LeBron James 2020-21 'Triple Logoman' card sells for $2.4 million at auction - NBA.com
LeBron James 2020-21 'Triple Logoman' card sells for $2.4 million at auction  NBA.com

Denny's Storage Company Auction - Treasure ( Sort Of ) Awaits You - Hot 975
Denny's Storage Company Auction - Treasure ( Sort Of ) Awaits You  Hot 975

Sammy Petrowsky Returns With 'Homecoming Auction' : CEG - Construction Equipment Guide
Sammy Petrowsky Returns With 'Homecoming Auction' : CEG  Construction Equipment Guide

VHS tape of ‘Back to the Future’ fetches $75,000 at auction - The Dallas Morning News
VHS tape of ‘Back to the Future’ fetches $75,000 at auction  The Dallas Morning News

Upstart platforms, peer-to-peer sites squeeze auctions - Automotive News
Upstart platforms, peer-to-peer sites squeeze auctions  Automotive News

Downtown Baltimore office tower sells back to lender in foreclosure auction for $4.1M - The Business Journals
Downtown Baltimore office tower sells back to lender in foreclosure auction for $4.1M  The Business Journals

NC’s highest auction award returns to Boonville - Yadkin Ripple
NC’s highest auction award returns to Boonville  Yadkin Ripple

NYC Council Repealed Regulations Affecting the Auction Industry - The National Law Review
NYC Council Repealed Regulations Affecting the Auction Industry  The National Law Review

Frank Macher's Charlevoix home sold at auction for $9.8 million - Crain's Detroit Business
Frank Macher's Charlevoix home sold at auction for $9.8 million  Crain's Detroit Business

New York Watch Auctions Summer 2022 Top Lots - HODINKEE
New York Watch Auctions Summer 2022 Top Lots  HODINKEE

Commonwealth's Online Heavy Equipment Auction to Feature More Than 280 Items for Sale to the Public Starting June 20 - Pennsylvania Pressroom
Commonwealth's Online Heavy Equipment Auction to Feature More Than 280 Items for Sale to the Public Starting June 20  Pennsylvania Pressroom

Karakurt Extortion Group Auctions Data for Ransom | Robinson+Cole Data Privacy + Security Insider - JDSupra - JD Supra
Karakurt Extortion Group Auctions Data for Ransom | Robinson+Cole Data Privacy + Security Insider - JDSupra  JD Supra

NYC's screwup on car auction contract will cost taxpayers $6M: lawsuit - New York Post
NYC's screwup on car auction contract will cost taxpayers $6M: lawsuit  New York Post

Central Oregon ranchers, livestock auctions, face headwinds even as price for meat rises - The Bulletin
Central Oregon ranchers, livestock auctions, face headwinds even as price for meat rises  The Bulletin

Russian Journalist to Auction Nobel Medal to Benefit Ukraine - The New York Times
Russian Journalist to Auction Nobel Medal to Benefit Ukraine  The New York Times

Bond Market Defensiveness Justified by Weak Auction - Mortgage News Daily
Bond Market Defensiveness Justified by Weak Auction  Mortgage News Daily

Captain Marvel Kills All the Villains in Whiz Comics #7, at Auction - Bleeding Cool News
Captain Marvel Kills All the Villains in Whiz Comics #7, at Auction  Bleeding Cool News

Former Transamerica site sold in auction - Corridor Business
Former Transamerica site sold in auction  Corridor Business

Sotheby’s Concierge Auctions Announces June/July Auction Lineup of over $125 Million in Properties—Most No - EIN News
Sotheby’s Concierge Auctions Announces June/July Auction Lineup of over $125 Million in Properties—Most No  EIN News

2004 Volkswagen R32 Is Our Bring a Trailer Auction Pick of the Day - Car and Driver
2004 Volkswagen R32 Is Our Bring a Trailer Auction Pick of the Day  Car and Driver

Collectible Highlights in Sedwick's 1st US & World Paper Money Auction - CoinWeek
Collectible Highlights in Sedwick's 1st US & World Paper Money Auction  CoinWeek

Rare Comic On Rare Stamps, Thrilling Adventures in Stamps, at Auction - Bleeding Cool News
Rare Comic On Rare Stamps, Thrilling Adventures in Stamps, at Auction  Bleeding Cool News

Concierge Auctions is now Sotheby's Concierge Auctions—Rebrand Announced Following Acquisition by Sotheby's and Realogy - EIN News
Concierge Auctions is now Sotheby's Concierge Auctions—Rebrand Announced Following Acquisition by Sotheby's and Realogy  EIN News

WEEK OF LUXURY AUCTIONS AND EXHIBITIONS AT DOYLE BEGINS JUNE 18 - PR Newswire
WEEK OF LUXURY AUCTIONS AND EXHIBITIONS AT DOYLE BEGINS JUNE 18  PR Newswire

End of an era: Dan Magnuszewski leaves ACV Auctions - The Business Journals
End of an era: Dan Magnuszewski leaves ACV Auctions  The Business Journals

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