How do you set up an online auction?

What are the requirements in setting up the online auction?
What are its advantages and disadvantages?

You will need an eBay account, which is free at ebay.com

Then you will want a PayPal account, which is a way to pay and receive payments online. This is the preferred payment method for almost all eBay users.

If you want to make a business out online auctions, I recommend you check out subscribing to a wholesale service such as OneSource so you can acquire goods at heavy discounts and then sell them on eBay.

Freud Sets Auction Record For Living Artist At Christie’s

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