Onbid Auction Site Usage Guide and Real Estate Auction Techniques Review

Introduction to Onbid Auction Site

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

Features of Onbid

• Wide Range of Products Available: Onbid offers a diverse selection of products at affordable prices, including electronics, clothing, home appliances, furniture, and more. It features not only branded goods but also a wide variety of used products, making it easy to find the desired item.
• Auction and Discount Events: Onbid provides users with opportunities to purchase products at even lower prices through various auction events and discount promotions. A variety of products are listed in auctions, allowing users to bid and acquire the desired item at a lower price.
• Secure Trading System: Onbid boasts a secure trading system, enabling users to trade with confidence. It rigorously manages personal information protection and payment systems to prevent personal data breaches and fraudulent transactions.

How to Use Onbid

• Membership Registration: To use Onbid, you must first register as a member. Simply fill in basic information and complete email verification to finalize the registration process.
• Product Search: Onbid offers a wide array of products across various categories. Search for the desired product within the platform.
• Bidding or Purchase: Once you find the desired product, click the bid or buy now button to proceed with the purchase.
• Payment: After purchasing the product, proceed with the payment, and the product will be shipped.
• Product Receipt and Satisfaction Evaluation: After receiving the product, provide a satisfaction rating and enjoy various benefits offered by Onbid.

Onbid is an auction site that provides users with a convenient and secure shopping experience through a wide selection of products and a secure trading system. Start shopping for various products at affordable prices on Onbid today!

Review of 'Even Beginners Can Make Money Right Away: The Techniques of Real Estate Auction'

I'm writing this post to share my thoughts, a summary of the plot, and an introduction to the authors of 'Even Beginners Can Make Money Right Away: The Techniques of Real Estate Auction'. I came across this book through a recommendation, and it impressed me with its clear and easy-to-understand explanations, particularly tailored for beginners, much like a book on rights analysis. Above all, I was delighted to learn that it's possible to start investing with a small amount of money. The book is filled with practical real-estate auction know-how, including tips on how to sell various types of properties like apartments, officetels, and knowledge industry centers at higher prices. Uniquely, two authors collaborated on this book, which provides a double dose of valuable insights, a feature I appreciated. It feels like gaining knowledge from two books in one, making it a great choice for those who prioritize efficiency. I recommend giving it a read.

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

Jung Min-woo is a leading instructor in the auction field, who, in his 30s, turned a 15 million won deposit into a multi-billion won asset. He is a real estate investment expert with over 200 successful real estate auctions and public auctions, including apartments, officetels, knowledge industry centers, factories, detached houses, multi-family homes, commercial buildings, and motels. He currently runs an asset management company, specializing in purchasing buildings, commercial properties, motels, and land, and is known as a real estate auction master. He is highly praised for his concise and practical lectures that empower even novices to jump into the auction world. For five years, he has shared his expertise with approximately 1,500 investors on how to generate profits through real estate auctions.

Yoo Geun-yong, nicknamed 'Superman' for his relentless pursuit of goals, transitioned from a 'dirt-spoon' life with no education, money, or social status to a CEO of a book publishing and management consulting company and now a leading expert in public auctions. True to his nickname, he has successfully won 54 auctions and 113 public auctions. With auctioning and winning bids being his hobby and daily routine, he engages in 20-30 real estate transactions annually. Recognized for his execution skills and investment experience, he has delivered lectures at LH Incheon Regional Headquarters and Samsung Life, and served as a lecturer at the Korea Asset Management Corporation, Onbid, Hackers, and TerraEdu, guiding over 5,000 students towards real estate investment.

Summary of 'Even Beginners Can Make Money Right Away: The Techniques of Real Estate Auction'

Many people have preconceived notions about auctions, believing them to be complex, difficult, and arduous, requiring visits to courtrooms, rights analysis, and even evicting residents. This book aims to dispel these misconceptions and show that even with a small initial investment, it's possible to enter the world of real estate auctions. It emphasizes that anyone can participate with a basic understanding of auction terminology and rules. Recognizing this advantage, the two authors, who entered the auction field early, created this introductory guide for beginners, demonstrating that even with 20 million won, one can participate in auctions if they grasp three key documents and four key prices. If you're tired of soaring property prices and the highly competitive housing lottery system, the book suggests broadening your perspective and considering auctions as a solution, a way to buy low and sell for a fair price, resulting in profits.

My Impressions After Reading the Book

Those interested in auctions or real estate investment will likely be drawn to the book's title featuring the word "beginner." I was intrigued by the title as well. How could they be so confident in stating that even "complete beginners" could participate? This curiosity led me to pick up the book. The book's unique feature of having two authors provides a sense of reading two books in one. Beyond auctions, it also explores the uses of public auctions, which I found valuable. If you don't feel auctions are for you, it helps you shift your focus towards public auctions. It also emphasizes that you don't need a large initial investment to start, which resonated with me. When I read that 'auctioning is a hobby' for one of the authors, I wondered how frequently they must auction to achieve such success. The process to winning a bid seems less complicated than I initially thought. While this might be due to the examples of easy-to-understand properties, it's a lot more approachable than complex properties. As long as I save up a small amount of seed money, I believe I can begin small-scale investment. I believe that investing, experiencing the profits, will motivate further investments and the excitement of making money. So, I'm determined to start with a small amount and try to generate profits.