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Website URL: http://www.auctionsforincome.com

Company Name: Auction For Income      Whois Info: Private

I came across this name because my son had seen the infomercial and suggested we buy it for him for Christmas. As always, I Google the product before purchasing under “the name“, the “name + complaints” and the “name + reviews“.

Dave Espino is a prominent Internet marketing expert with eBay as his latest expertise; his products deal with how to make money on eBay.

Dave Espino claims that he started learning about business when he was 7 years old. His family started a small business when they settled in the USA. When he attended a real estate seminar at age 19, the speaker affected him so much that he decided he could have a similar business. By age 22 he was the owner of several rental properties.

Over the years he has been a marketer for various financial services including term life insurance, mutual funds, mortgages and IRAs and counseled finance services companies on how to better market their products and boost sales. His strategies and thoughts are echoed in his three most famous eBooks – Beyond eBay, Life in the Dot Com Lane and Business Cubed.

Currently, he has a Hotwheels business on the Internet, called RedlinesOnline.com, a portal for vintage Hotwheels collectors to get the rarest of cars from the collection. He is also much involved in his new system titled Auctions for Income.

The Auctions for Income product has both positive and negative reviews. The course has good informational videos about beginning to trade on eBay and carrying on from there. It also has a satisfactory amount of help for people who are just starting out with the system. It acts well as a guidebook. But, even so, there are some shortcomings, including the fact that most of the instructional information can be found on the eBay site itself.

The course mentions that money can be made on eBay by selling products at high costs on eBay, but the basic problem with that is the fact that there are other people who are selling the same products are lower prices. Even if the prices are dropped, the profits aren’t all that substantial. Making money on eBay is difficult with fees from shipping, eBay and Paypal eating into profits.

An interesting aspect is the hidden feature of the Whois information for their website. Whois lists the owner and their contact information. The owner of the “Dave Espino” website has purposely made their Whois information private. This could mean they have something to hide.

eBay is successful for those who sell high-profit “niche” items, e.g. collectible Hotwheels, or “vintage microphones.” Other than that eBay is an international flea market, with professionals collecting the biggest profits. The course offers information on where to find products to sell and companies that will drop ship items you sell. It also gives information on how to get these to eBay to sell.

User Comment:  I soon discovered why the INITIAL material seemed so elementary and fragmented, it was apparently designed that way on purpose. It wasn’t me, the information WAS designed that way and a salesman from Dave Espino’s office admitted that, when he called wanting to “help” me! The purpose of the call was to see if I was “qualified” to be part of a “special” Auctions for Income ™ program. The salesman/coach promised to make me an Ebay Stud, but there was only one catch. This “expert” help had a price tag of $2000 for starters. He explained that there would be additional LARGE expenditures, I mean after all, I am investing in my future!

I have gotten information from A Lot of people who actually did  “qualify” for this assistance and not one of them told me they made any money. On the contrary, they wanted their money back. They got the initial purchase price back, but were informed that the small print explained that anything beyond that was Non-Refundable!

Recently a young couple called me and they were considering a $5200 investment in Auctions for Income ™ and Beyond Ebay ™, but finally got their wits about them and did not do it.

In talking to several people who used to do very well on Ebay I was told that making a living or just a supplemental Income has become much more difficult. Because of ALL the experts selling old and outdated information and all the Drop Shipping companies offering “simple and easy” get-rich-quick Ebay advice it is now over saturated.

I do believe that you can make money on Ebay, but not as much as you once could. Desperate people drop their prices cutting so far into the profit margin that it becomes an exercise in futility to try and make a living from it. Now if you have some VERY rare items or just want to sell something that is lying around the house, great, but there are much better ways to make money on the internet. The few people I know of that are making a small income from ebay tell me they’re spending up to eleven hours a day at their computer to make less money than they could make at a day job.

User Comment:  Do you know who’s really making the most money on ebay?  You guessed it, the people selling e-bay systems and courses like auction for income.

User Comment: The only bad part was that when I saw the ad on tv, they made it seem like you would earn thousands of dollars and that is just not the case. To be successful on Ebay you must have technique, and good business sense. Also after I bought it, someone from his office called and told me he would help me grow my business for $4000 dollars. Way too much money for someone starting out. I Returned His “Auctions For Income” Course For a Refund

User Comment:  I read through all the materials and discovered it was meant for people who had NEVER sold on Ebay, Or who were just starting. The ads never told you that if you had been selling before then the info would probably be useless to you. I did not read or learn anything that I did not know before. When I tried to get my money back they never responded. Advice is only get this IF you are going to start selling on Ebay and have never sold there before.

Bottom line:  When the buyer tries the system and is making few or no sales and little profit, a “financial consultant” calls and offers help for an investment in the thousands of dollars, with the promise that more will be needed. Therein lies the scam. After paying out many dollars for help, it is not the company’s fault that the buyer did not succeed.

My son is not getting this course for Christmas.