Thursday, March 24, 2011

A well described technique of profitable buying

Some may find this anti-seller in nature, but I encourage sellers to understand the nature of poor descriptions.

Many may not understand your position but I would hazzard a guess that your buy first ask questions later approach lands you a number of good buys along the way.

I don't buy a lot here but I have jumped on a few less than adequately described lots in the past that turned out to be steals and a couple of duds along the way as well.

But I too managed to get my money back on the duds and made some hefty profits on the steals. They would have likely been opportunities missed had I waited for a better description of the lots.

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