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eBay was created in September 1995, by a man called Pierre Omidyar, who was living in San Jose. He wanted his site – then called ‘AuctionWeb’ – to be an online marketplace, and wrote the first code for it in one weekend. It was one of the first websites of its kind in the world. The name ‘eBay’ comes from the domain Omidyar used for his site. His company’s name was Echo Bay, and the ‘eBay AuctionWeb’ was originally just one part of Echo Bay’s website at ebay.com. The first thing ever sold on the site was Omidyar’s broken laser pointer, which he got $14 for.

The site quickly became massively popular, as sellers came to list all sorts of odd things and buyers actually bought them. Relying on trust seemed to work remarkably well, and meant that the site could almost be left alone to run itself. The site had been designed from the start to collect a small fee on each sale, and it was this money that Omidyar used to pay for AuctionWeb’s expansion. The fees quickly added up to more than his current salary, and so he decided to quit his job and work on the site full-time. It was at this point, in 1996, that he added the feedback facilities, to let buyers and sellers rate each other and make buying and selling safer.

In 1997, Omidyar changed AuctionWeb’s – and his company’s – name to ‘eBay’, which is what people had been calling the site for a long time. He began to spend a lot of money on advertising, and had the eBay logo designed. It was in this year that the one-millionth item was sold (it was a toy version of Big Bird from Sesame Street).

Then, in 1998 – the peak of the dotcom boom – eBay became big business, and the investment in Internet businesses at the time allowed it to bring in senior managers and business strategists, who took in public on the stock market. It started to encourage people to sell more than just collectibles, and quickly became a massive site where you could sell anything, large or small. Unlike other sites, though, eBay survived the end of the boom, and is still going strong today.

1999 saw eBay go worldwide, launching sites in the UK, Australia and Germany. eBay bought half.com, an Amazon-like online retailer, in the year 2000 – the same year it introduced Buy it Now – and bought PayPal, an online payment service, in 2002.

Pierre Omidyar has now earned an estimated $3 billion from eBay, and still serves as Chairman of the Board. Oddly enough, he keeps a personal weblog at http://pierre.typepad.com. There are now literally millions of items bought and sold every day on eBay, all over the world. For every $100 spent online worldwide, it is estimated that $14 is spent on eBay – that’s a lot of laser pointers.

Want to learn a unique way to make massive money on ebay? Then you should visit the website by following the link How to make money on eBay.The new Desmond Ong’s Niche Funnel System is another way to complement your knowledge on online money making.

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One of the most ancient materials for clothing is wool. Very shortly after our ancestors, the Neanderthals, learned that you can carry half a dead furry animal or tons of fur to keep warm, they invented spinning wool. And what a superb material sheep wool is! It has lots of qualities that synthetic fibres do not reach – amazing.

If you are a sheep fan and are fond of wool, you most probably will want to work with it. The first thing that comes to ones mind is spinning wool. I found a nice informative page about that on a german blog: Ashford Spinnräder

Next thing is of course dyeing wool yourself. This is something many people don’t dare…although it is pretty easy and can be done in any household with plant and a few chemicals. Have a look over here (sorry, the video is only in german):Buchliste zum Färben von Wolle

Last but not least you will want to knit with your wool, and let’s be honest, although it can be really fun to do all the things like spinning and dyeing yourself, most of the time you will just buy a good ball of wool in a shop.

Read here about knitting on this german blog: Mützenstrickanleitung

The wool shown on that page has proved to go nicely when knitting and is easy to wash. Now get your knitting needles or your spinning wheel and have some fun with wool!

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This is the first of a 2 part series on things you should know about mortgage training in foreclosure prevention

After Mortgage Training In Loss Mitigation, What Would Be My Work As A Certified Loss Mitigation Consultant?
With FFPS, a loss mitigation consultant is a specialized sales consultant. You find loss mitigation candidates, help them complete a form and submit it to our professional loss mitigation team for approval. Upon candidate approval, you collect our fee from the client and the loss mitigation begins. In some states, the fee is put into an escrow account until the loss mitigation is done. As a Real Estate Agent, you maintain client interface.

What Is A Good Loss Mitigation Candidate?
In our mortgage training, we teach that there are two common types of candidates that are approved as clients… those who have gone through a financial hardship, but are now able to resume making payments; and those who have adjustable rate mortgages, but due to increases are no longer able to make the higher payment.
So while there are many factors to be considered in accepting a loss mitigation client, the two base approval factors are: 1) Can they resume payments, or in the case of adjustable loans… they can make payments but with a loan modification; and 2) their home is at least 30 days or more away from foreclosure.

In part 2 of this series, these mortgage training questions will be answered:
As a Mortgage Broker, how Do You Find Good Loss Mitigation Candidates?
Do I have to be a Mortgage Loan Officer to be successful with mortgage training in loss mitigation?

How can I find out more?
Open wide, because we have a fire hose of free recorded information just waiting for Mortgage Brokers. Simply go to our website:
Mortgage Training. You will then be able to watch several presentations designed to answer most of your questions, plus you will be able to talk to one of our “no pressure” consultants to answer additional questions you may have.

Learn more at Mortgage Training.