10 Top Tips To Successful Dropshipping

Many entrepreneurs have found success in the dropshipping industry. For those who aren’t familiar, dropshipping is a business term used for a situation where a seller sets a retail price for an item, collects the payment, sends the wholesale cost to a dropshipper and the item ships directly from their warehouse. In most cases, the seller never even handles the merchandise because every aspect of shipping is handled by the dropshipper. As successful as the industry has become, there are concerns that arise from this method of selling. In order to familiarize you with those concerns and other helpful information, a list of 10 tips has been compiled. Anyone in the dropshipping industry, or who is considering it, should take their time and gather as much information as possible.

Tip 1: Check out the dropshipper’s reputation with the Better Business Bureau in their area. How long have they been in business? Has anyone ever filed a consumer complaint against the company? If so, has the complaint been resolved? This information can be found at http://www.BBB.org.

Tip 2: Ask the dropshipper how quickly they will be able to fulfill and ship the order. Be sure to inquire about whether or not a tracking number will be available. The tracking number will be very important because, if an item doesn’t arrive, you will need to have some means to track the purchase and to make sure that it was shipped. If a customer doesn’t receive a product, they will look to you for answers.

Tip 3: If you are dropshipping, this means that the item you are selling is not in your possession. It’s very important to let your customers know this. Sellers should indicate that the item will ship directly from your supplier.

Tip 4: An important factor to consider is the delivery time. It’s pertinent to let buyers know that, because the item is shipping directly from your supplier, they may need to allow extra time for delivery. Make sure to ask your dropshipper how long delivery takes so that you may pass this information on to your buyers.

Tip 5: If a problem should arise during the course of shipment, or if a shipment is delayed, promptly address the issue with your buyer. It’s important to have good communication and to let your customers know that you are always there to answer their questions.

Tip 6: Be cautious of a dropshipper who requires that you pay a fee to access their product line. A legitimate dropshipper should not charge to set up an account.

Tip 7: When ordering from a dropshipping company, there should not be a minimum order. It’s normal to get discounts on larger quantities, but the dropshipper should be able to accommodate any order size from 1 to 100.

Tip 8: Consider doing business with more than one dropshipping company. It’s always a good idea to shop around for a larger variety of better deals. Don’t put all of your eggs in one basket, so to speak.

Tip 9: When you begin doing business with a new dropshipping company, order a few test products for yourself. Afterall, you are the one who will be selling the products and you will want to make sure the company offers quality products, reliability and accuracy in filling orders.

Tip 10: The whole idea behind dropshipping is wholesale. You are buying a product at such a low price that you should be able to sell it for a profit. The dropshipper is the wholesaler and you become the retailer. It’s easy to forget that some things really are too good to be true. Just like everything else, there are scams out there so be careful. The bottom line is that regardless of how wonderful the deals may seem, start slow and build up to larger orders as you become more comfortable with the process.

How to Probate a Will – 13 Tips on Selling Inherited Property

Selling inherited property & how to probate a will can be a pain, if you are not familiar with the steps involved in the probate process can be a pain that you do not wish to keep can be a pain if you do not understand the probate process or how to probate a will.

What Is Probate

Probate is the practice of transferring legal title to estate from someone who has passed away to that individual’s heirs or beneficiaries. The steps are managed by the legal system and can consist of paying taxes or debts that are outstanding, confirming the assets, determining if the will is valid, and settling conflicts about who will be receiving and disputes over who’s inheriting and allocating the possessions.

The official term for this course of action is testate proceedings. Take the probate process as guidelines of the proper reassignment of a dwelling.

How To Probate A Will In 7 Easy Steps

1) You’ll have to locate the will. You may find this to be a simple task or extremely difficult. The will can be any where as in folder in the bureau, a desk drawer, security box at the bank, attorney’s file in his office, secret wall home safe, a close old friends house.

2) If you are not sure if there is property involved you must find out if the person who died owned real property which is anything that is part of the ground like a house or even the land. Anything else is that is not real property is just personal property.

3) Investigate where your state probates wills. This will differ from state to state but some states have probate courts while others don’t. If you find out there’s a probate court, pay them a visit for more info. A certain percentage of states use the Circuit Court.

4) Research thoroughly the assets by the deceased individual. Immediately make arrangement to get all mail forwarded to your home so you can find out about any mortgage loans outstanding, personal vehicle payments, retirement updates and other crucial paper work. Have the mail redirected to your house so you are alerted to mortgages, car payments, retirement updates, and other important documents.

5) If the deceased individual did not specify an executor to his attorney, request the appointment of administrator. The individual who has legal responsibility to the deceased assets is the executor or administrator.

6) Call the Probate Court or Circuit Court & make an appointment in the correct location. Make sure you get together everything you have to bring the court, take the assets list and estimated values, the will and deceased death.

7) Research where to get free legal advice like from clerk at the courthouse, or a probate attorney for fee

Alerting creditors and the public

In some states, they require the personal representative to place a death notice in the newspapers. This announcement notifies the public of the decreased probated property. It gives the opportunity for others such as creditors who are interested in your estate to submit a claim. As a result, the nature of this real estate transaction becomes public record for anyone to research.

Taking Inventorying of the property

There must be a real and personal inventory taken of the property so the value can be estimated. This is required for the following reasons:

* To cover debts and distributions to beneficiaries: the residence didn’t meet the monetary obligation of the creditors and the property goes to the beneficiaries, an abatement statute occur. This means that one or more beneficiaries can get limited financial gain or none at all

* To guarantee that all property is accounted for. The personal representative is responsible for gathering and inventory the property’s assets to ensure that it’s available for dispensing at the final stages of the probate process. If the property is misplaced or not in the ownership status of the deceased at the time of their death, a redemption statute can occur. This statute can decide if assets or cash can substitute missing property belonging to the beneficiary.

How To Probate A Will

Depending in what state you live in, the process is similar, however call the probate court and start there to get familiar with your own state rules and steps to follow to be sure you are following their rules. Before this process begins, the death certificate for the deceased must be obtained. There are time restrictions on procedures which is a challenge for those with demanding lives.

If the paperwork is submitted late, there are penalties causing delays. There’s a particular order of precedence when giving the letters of administration which is as follows: the surviving spouse, children, grandchildren, father or mother of the deceased, brother or sisters and the rest who qualify.

The petitions have to be updated particularly on who’s allowed to make them in order to obtain appointment for administration. Anyone who’s attracted in the property of an individual without a valid will (intestate) or of a person claiming to be departed may petition to the court. To begin the probate proceedings, the required documentation is a must.

A misplaced or damaged will is allowed to probate if it’s proven that same will was not cancelled, the implementation of it is verified by the court, and its’ requirements are confirmed by two trustworthy witnesses.

13 Steps To Selling Inherited Property

1. The initial step is to have the property in your name.

2. If the home is in the trust, the trustee must be contacted to transfer the title.

3. If the property isn’t in the trust, a visit to probate court is required to have this done.

4. Depending on the state, land must be sent through probate.

5. Probate Letters or Letters of Administration are needed in order for the property to be in someone’s name.

6. If a home is going through probate, it takes a few months unless someone challenges it.

7. The court’s approval is required to transfer the title from the deceased to the heir.

8. The home must be appraised and inspected professionals to assess its’ value before being sold. You have to think of selling a home as if you’re going to a job interview, appearance is key.

9. The interior and exterior of the home has to be modified such as painting, upgrading the kitchen and bath which are the two focal points of the sale.

10. Hire a real estate representative to promote your home in newspapers, websites, and other outlets.

11. Buyers are visual so by taking photos highlighting the inside and outside of your home is ideal. Once a buyer is located and the offer is presented, review it with your realtor before making any final decisions.

12. When the final offer is accepted, the buyer will conduct their own inspection and appraisal. The buyer may request to have other things fixed.

13. The last step is to sign the titles, escrow documents, and wait for the closing date.

Insider Secret Owner Financing Strategies That Will Sell Your House Fast

If you do not know anything about seller financing, you are missing out on a very powerful tool that can help sell your fast super fast.

4 Ways You Benefit With Owner Financing

You and the buyer are in control and can set your own terms for the sale

You cut out the banks and realtors and save money on the fees

You can sell the house very fast if you decide to use this strategy

You’re the bank – sell it to buyers whom have the money and great work history but banks rejected them for a home loan

Warning:

If you do not research these insider secret owner financing strategies – and you’re interested in selling your inherited property, these insider strategies can definitely help you sell fast if you run into a problem and can t sell your house!!!

“If you wish to avoid a costly mistake, not get caught without a backup plan in case you can t sell your house, educate your self about these owner financing insider secrets… the experts don’t want you to know about!”

Taxes On Inherited Property

There may be a deduction of federal, state and/or local taxes from the estate depending on the state. In addition there’s the inheritance tax and estate tax which have different definitions. Inheritance taxes placed when there’s a transfer of possessions received before it’s given out.

The amount depends on the affiliation between the deceased and the offspring. Estate taxis applicable on how much the property is worth when the individual passes. Some states may have one, one of the other or both.

In the case of the sold inherited home, there’s a possibility of paying a capital gains tax on the differentiation between the remaining from the sale and the basis. The basis is the purchase price plus upgrades minus depreciation. Presently, the federal capital-gains tax is 15%.

The handling of the estate is a complex state of affairs. It’s important to have a lawyer manage this matter to ensure the property is distributed without any hindrance. Understanding all the rules and regulations independently can be overwhelming to someone who’s inheriting property from a loved one who passed away.

How to probate a will & selling inherited property does not have to be difficult, the information you have just read should help you get through the probate process easier and less confusion. Just make sure you look into what the probate procedures and rules are for your given state.

Tips For Selling a Used Sony VX2100 Camcorder on Craigslist

For those who are uncomfortable using services like eBay, but still wish to harness the power of the internet, Craigslist.org can serve as an excellent channel to sell a used camcorder like the Sony VX2100. Unlike online auction sites Craigslist (CL) allows users to post their items for no charge and the transactions stemming from these online classifieds most commonly occur face-to-face for cash. While CL is a fairly simplistic website, it does take some practice to make the most of the opportunity; avoid being scammed, while also minimizing the time wasted by “tire kickers”.

Listing:

People on the internet have a very short attention span, and so your listing should accommodate this. Usually the people that find your listing will already know everything they need to about your camcorder, so avoid copy / pasting information from the manufacturer’s website, it only serves to bore potential buyers – besides they simply need to do a Google search to answer any questions about the hardware. Keep your posting short, less than 400 words, giving a brief history of the camcorder and a thorough description of its current condition.

Pictures:

Craigslist only allows four pictures to be uploaded to the website, so you will need to use another service like Flickr or PhotoBucket to post additional angles. Make sure that your pictures are no smaller than 640×480 so that buyers can clearly see the type of condition your used camcorder is in. Also make sure to take close ups of any cosmetic flaws that the unit might have. For example it is common for a used Sony VX2100 to have suffered blemishing on the outside of the LCD screen (where the camcorder may have been laid down on its side); wear like this is something that a buyer will want to know about beforehand lest they feel you may have been dishonest about other things.

Responding to emails:

Once posted, it isn’t uncommon to get a flood of emails from people attempting to scam you. If the email sounds fishy, or too good to be true, steer clear; ignore any emails asking to ship the item. Also, no matter how fair of a price your item is listed for expect to receive a number of emails from people trying to “low ball” your price. It is up to you how to respond to these requests, but understand that many people within the Craigslist community expect some bargaining to go on before a purchase is made.

Pre-Qualifying:

While CL can be an invaluable resource, the website attracts numerous amounts of bargain hunters. Unfortunately many of these people will setup a meeting with the intent of making you a low offer once they see the equipment, or stop by simply to “kick the tires”. It is highly recommended that you speak over the phone, and solidify your price before scheduling an appointment. Granted since the camcorder is used, people will want to see it in person before they commit to the purchase, but if you have been openly forward with the condition of your video camera then there shouldn’t be any issues.

Avoiding Fraud:

Keep in mind that since Craigslist is a free service it has become a feeding ground for overseas scammers. Do not use CL unless you intend to make the exchange in person, making cash should be the preferred payment option. That said money orders and cashiers checks are acceptable if the buyer is willing to meet you at a bank, so that you can cash them in order to verify their authenticity. Additionally requesting that the buyer include their phone number is an easy way to weed out anyone that isn’t local.

Meet in a public place:

Since the Sony VX2100 is a high end item, it is highly advised that any meeting is setup in a public place (think local coffee shop). To save yourself the headache of dealing with potential buyers missing their appointment, choose a place that is close to your home and have them call once they are just a few minutes away. Although it seems fair that the meeting place is half way between the buyer and yourself, your time is too valuable to drive 30 minutes only to be stood up.

Final thoughts:

A used Sony VX2100 can still fetch a fair price, and Craigslist certainly provides an excellent channel to make that sale possible. Even so, the task of selling on CL can be a daunting. While following the steps above should help to minimize the risks involved, nothing is certain. Please take great caution when selling online, and remember that if it sounds too good to be true it probably is.

5 Tips to Establish Yourself As an Artist

Any artist that’s interested in marketing and selling their work at galleries, art festivals or online must know a few things before they begin. This article will discuss five major components beginner artists should think about before they embark on their journey as a successful artist. The first is believe in yourself. Second is create artwork that sales and third is become a business. Lastly, find a place to sell your work to help build your name and creditability. Let’s take a look at each one.

1. Believe in yourself. One of the most common negative trait many artists have is not believing they are a good enough artist. This is a bunch of bologna. If you have sold any artwork at all you are good enough. You may have to work on a few things but you have to start believing in yourself. I know an artist named Eric McCray who said he put a sign up for himself that said “Believe in Yourself” until he became the artist he wanted to be. So please, believe in yourself and tell all the negative thoughts in your head to shut up!

2. Create artwork. Create 20 to 30 pieces of artworks that are all consistent with each other. Don’t paint landscapes, portraits of pets, and abstracts. Choose your niche and stick to it! When collectors and galleries see your work they look for consistency. It shows that you are a professional. Also create art that sales. Don’t create art that is boring, dull or dark. People like to feel uplifted so please create your art accordingly.

3. Become a business. Set yourself up as a business. Get business cards, business licenses, separate checking accounts and etc. The worst thing you can do is be at an art show and you don’t have any business cards. You are completely missing out on sales. Next, get a website to help promote yourself as an artist. Website are fairly inexpensive these days and can be easily set up in no time. Also, read information about starting a business and have an entrepreneurial mindset.The more you learn about running a business and using different sales technique the better. Selling art is not just about applying to art shows,, selling on Etsy and being represented in art galleries but about marketing yourself nonstop using various marketing strategies that will help propel your business. I encourage you to read more books about marketing and selling as much as you read books on creating art. This will help you build the right mindset to run a successful business.

4. Find places to sell your work. Apply to art shows, art festivals, gift shops, galleries and the like. Do not go to libraries, coffee shops, or restaurants. People don’t go to these places to buy art. Just like real estate where location is king, same goes for finding places to sale your work. You have to place your art in front of people who would be willing to buy your art without any problem. Make sure you consider locations that are conducive to your market. You also want to put your art in front of people that pertains to your niche. If you paint birds you may want to sale at bird shows or several gift shops. Since I paint images of musicians playing different instruments I apply to music festivals. Do you see what I trying to get at.

5. Build a name for yourself. When you begin to sell your work at festivals, galleries or online set in motion your brand. Market yourself in such a way that when people think of art, or your niche, they think of you. The more you put your art in front of people the more chances of galleries and other art venues seek you out. You can also build your name by giving yourself a nickname like “the bird painter” if you paint birds. This could serve as your brand when building your customer base. I use a slogan that says “Jazz Up Your Life” since I paint musicians playing jazz music. When ever I do an outdoor show I have a sign up with that slogan above my tent. People respond to it very well.

Using all these tips can create a major impact for anyone trying to sell their artwork in their local area. There are a plethora of information out there that will mention many of these tips over and over again simply because they work. The more you focus on just creating art without planning on how to market and sell your artwork you will lose out. So please take head to these tips and move forward to becoming not just a good artist but a successful selling artist.

Homes For Sale – 7 Tips for Selling in a Slow Market

In the past decade home sales have gradually become a buyer’s market. Although this is good news for the buyer, it is becoming somewhat of a nightmare for those who are trying to sell their home. Because of this, sellers often have to dramatically drop the price of their homes in order to make the sale, resulting in huge losses. However, there are ways of increasing the chances of making the sale without the seller having to take a big loss. The following will be a list of seven tips for successfully selling a home in a slow market.

1) Appearance is key- When looking to buy a home a buyer will naturally gravitate to houses that have a nice appearance. Fixer-uppers are not as popular as they once were. The first thing that a seller should do is to fix anything that may catch the eye of a potential buyer. For instance, the yard should look immaculate at all times. If the gutters on the house are drooping, that will be the first thing people will notice. If there is chipped paint on the house, paint it. It is worth the money to stage your property for curb appeal.

2) Be flexible- Be prepared to make yourself scarce on weekends if needed for the realtor to show the house. Keep things tidy at all times for any last minute appointments made by perspective buyers. Try not to limit the times that you are willing to provide access to the home.

3) Keep the home at market price- If you are stuck in the mind-frame of making big dollars from the sale of your home, chances are your house will be on the market for years. The best way to drive away potential buyers is to put the house up for sale above market value. Keeping the house for sale at a reasonable market price means that there will be more interest in coming to an open house, therefore bettering your chances of making the sale. It is a well-known fact by realtors that if the price is right, there is a buyer out there for every house.

4) Find an agent with an extensive sales track record in your town- A good realtor will know exactly how to determine fair market price for your home. He should also have a record of being able to sell a home within three or four months. A realtor that is experienced in selling property in your particular neighborhood will be able to take you through the process efficiently and in a timely manner. If you have a realtor who doesn’t have many years of experience, this will waste valuable time and money while he is still working on perfecting his craft.

5) Give the home have a warm and welcoming feel- If the walls in your home are painted in vibrant colors tone them down with neutral shades of tan and beige. This will allow perspective buyers to picture their own furniture in the home without distraction. Set the mood with lightly scented candles in the bedrooms and bathrooms. Soft calming music in the background will give the buyer a relaxed comfortable feeling. Buy new linens for the beds and throw pillows for the sofas. Give your home that “homey” feeling that everyone is looking for.

6) Do your research- Go to open houses and check out the other houses that are on the market in your area. See what they have to offer a potential buyer. If they have a cozy seating area in the master bedroom, create your own cozy seating area to entice those potential buyers. You would be surprised at the things you can do with just a few over-sized throw pillows and a window with a view. Gather ideas from other houses and use your imagination for the rest.

7) Offer incentives to potential buyers- When a buyer is interested in purchasing your home but wants you to come down on the price, try using other incentives instead. For instance, you may want to offer to pay the buyer closing costs. This is always tempting to buyers since it will save them money, allowing them to have more money for a down payment. Some sellers choose to throw in appliances such as the refrigerator, dishwasher or washer/dryer.

In a buyer’s market, the seller has the task of being inventive in finding a way of moving his property. Making the sale is not always a piece of cake, but with a bit of effort, it can still be done quite successfully.