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How to Use the Onbid Auction Site and Review of Real Estate Auction Techniques

  • Writing language: Korean
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Summarized by durumis AI

  • Onbid is the largest auction site in Korea. It is a platform where you can purchase various products at affordable prices, and it provides opportunities to purchase products at even lower prices through auctions and discount events.
  • 'Real Estate Auction Techniques for Beginners: Make Money Right Away' breaks down the prejudice against real estate auctions and emphasizes that you can invest with a small seed money. It explains that anyone can participate in an auction if they learn a few basic auction terms and rules.
  • This book covers the usability of not only auctions but also public auctions. In fact, the authors are consistently generating profits through auctions and public auctions, and they encourage readers to start investing even with a small amount.

Introducing Onbid Auction Site

Onbid is the largest auction site in Korea, providing a platform where you can purchase a variety of goods at affordable prices. Onbid is operated alongside popular shopping malls such as Auction, Gmarket, and 11st, offering users a convenient and safe shopping experience.

Features of Onbid

  • Purchase a wide range of goods: Onbid allows you to purchase various goods at low prices, including electronics, clothing, home appliances, furniture, and more. It offers a wide variety of brand-name and used goods, making it easy to find the product you want.
  • Auction and discount events: Onbid provides users with opportunities to purchase products at even lower prices through various auction events and discount promotions. Auctions feature a wide array of goods, allowing you to bid and purchase the desired product at a lower price.
  • Secure transaction system: Onbid has a secure transaction system, giving users peace of mind when making purchases. It rigorously manages personal information protection and payment systems to prevent personal information leaks and fraudulent transactions.

How to use Onbid

  • Sign up: To use Onbid, you need to sign up first. Simply enter some basic information and verify your email to complete the signup process.
  • Search for products: Onbid offers various categories of products for sale, so search for the product you want.
  • Bid or buy: Once you find the desired product, you can bid or click the "Buy Now" button to purchase it.
  • Payment: Once you purchase the product, proceed with the payment, and the product will be shipped.
  • Receive the product and leave a review: After receiving the product, leave a review and enjoy the various benefits of Onbid.

Onbid is an auction site that provides users with a convenient and safe shopping experience through various products and a secure transaction system. Buy a variety of products at affordable prices with Onbid today!

Review of "Even a Complete Beginner Can Make Money Right Away: The Techniques of Real Estate Auction"

I want to write this article about my thoughts, summary, and author introduction after reading "Even a Complete Beginner Can Make Money Right Away: The Techniques of Real Estate Auction." I read this book through a recommendation, and it was well-explained at a beginner's level, just like a book about rights analysis. More than anything, I was happy to learn that I could start investing with a small amount of money. ㅎㅎ The book contains practical real estate auction know-how and includes know-how on how to sell various types of real estate assets, including apartments, officetels, and business centers, at higher prices. Interestingly, this book was written by two authors, which allowed me to gain two sets of valuable tips, which I found appealing. Reading this book felt like reading two books, allowing you to gain information efficiently. This book would be a great choice for those who value time efficiency.

Introduction to Authors Jeong Min-woo and Yoo Geun-yong

Jeong Min-woo, a top instructor in the auction world who became a multi-billionaire by turning 15 million won in deposit into assets worth several billion won in his 30s. He is a real estate investment expert who has personally handled over 200 real estate transactions, including apartments, officetels, business centers, factories, detached houses, multi-family houses, commercial buildings, motels, etc., through auctions and public auctions. Currently, he established an asset management company and primarily handles the acquisition of buildings, commercial buildings, motels, and land, and is known as a real estate auction master. His lectures are highly praised for their concise and practical content, making it possible for even beginners to jump into auctions immediately. He has been sharing his know-how of making profits through real estate auctions with about 1,500 investors over the past five years.

Yoo Geun-yong, a real estate investment superman who, from a life of being born with a silver spoon, has become a CEO of a book management consulting company and now a leading public auction expert. True to his nickname, "Superman," which means achieving the goals he sets, he has successfully won 54 auctions and 113 public auctions to date. With auctioning being his daily routine and hobby, he conducts 20 to 30 real estate transactions per year. Recognizing his execution and investment experience, he has delivered lectures at LH Incheon Regional Office and Samsung Life, and works as an instructor at the Korea Asset Management Corporation, Onbid, Hackers, and TerraEdu, leading over 5,000 cumulative students into the world of real estate investment.

Summary of "Even a Complete Beginner Can Make Money Right Away: The Techniques of Real Estate Auction"

Many people have preconceptions about auctions, thinking they are difficult, complicated, and demanding, as they involve going to court, conducting rights analysis, and evicting those living in the property. This book tells those people that they can start investing with a small seed money and it isn't as difficult as they think. Anyone can do it if they learn a few basic auction terms and rules. Realizing these advantages, the two authors, who jumped into auctions early on, have created an introductory auction book for beginners to help more people achieve wealth through auction investment. The book demonstrates that you can challenge yourself with an auction with just 20 million won if you understand the three documents and four prices properly. If you are tired of ever-rising real estate prices and lottery-like housing lotteries, expand your horizons. The book confidently asserts that auctions, where anyone can buy low and sell at fair value, will provide the answer.

My thoughts after reading this book

Those who are interested in auctions or real estate investment will be drawn to the title with the word "Beginner" in it. I was also curious about this book, wondering, "What kind of method could it be to make even complete beginners able to do it?" when it was recommended to me, given the bold title. This book is particularly interesting as it was written by two authors, giving you the feeling of having read two books in one. It not only explains auctions but also the usefulness of public auctions, which is helpful if you feel that auctions aren't for you, as you can shift your attention to public auctions. I liked how it also mentions that you can start with a small amount of seed money, making it feel practical for real-life applications. When I heard the authors say that their hobby is winning bids, I wondered how often they have to participate in auctions to win bids so easily, and I realized that the bidding process is not as complicated as I thought. Of course, it's probably because they're looking at easy items, but it makes me think that it would be easier to approach than difficult items. I felt that if I could gather enough seed money, I could try investing on a small scale. They say that you need to invest and taste success to continue investing and experience the joy of making money, so I should try to make a profit with a small amount, even if it's a small amount.


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