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How To Make A 100,000 Or More Each Year Resale Rights Ebook

How To Make A 100,000 Or More Each Year Resale Rights Ebook
License Type: Resell Rights
File Size: 6,957 KB
File Type: ZIP
SKU: 17657
Shipping: Online Download
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How do you know whether you are paying a fair price for a book, buying the book at a bargain, or paying five times as much as you should?

The quick answer is that you should be buying any book for more than $5.00 unless you really know what the fair market value is. And how do you know what the fair market value is? Well, you can check Bookfinder at http://www.bookfinder.com for other copies. You can try to find it in American Book Prices Current or Ahearn?s guide.

Just remember that the condition and scarcity of a book or item of ephemera is a major element in determining the value that item. The economic rule of supply and demand plays the major role in determining the value of books and ephemera.

The price of a book at auction is often a "wholesa le " price- the actual value of the book could be considerably more- when a bookseller has bought the book with the intent of reselling it. The dealer knows that there is a certain amount of demand for certain author?s works. And they know what they can buy at auction and resell for a good profit. Most of the time though dealers will buy books at auction on behalf of a client. The client is paying the bill plus an agreed upon commission for the dealer.

Although, in general, the value of collectable books increases with time, book values do not always increase - sometimes they retreat.

One of the pleasures of this business is doing a little collecting for yourself. In fact one of my goals is to collect books now that I can sell during my retirement. This is a long- term investme nt and I watch it closely, checking the values of books I placed in my portfolio to make sure they are performing according to expectations. If they don?t perform I sell them and accumulate other properties that I expect to perform better.

As I mentioned previously values are tricky, but if you stick with known authors, well written works by those authors printed in small quantities you are practically guaranteed to have a valuable property some day.