Update on PWCC Bid Monitoring Program

[Bigshot69]

Ebay should build a buyer scoring model similar to whats used for credit scores. This way sellers could use this information when accepting best offers or setting minimum bidder score criteria when selling through auctions. This model could be based on the following criteria:

-Proportion of bid retractions compared to winning bids (10 to me isn't a big deal if someone has won 500 items in the last 6 months)
-Cost of average purchase
-Average time between purchase and payment
-Number of NPB cases opened against
-Number of purchases

I know this sounds a bit out there but does anyone else feel this would add value?

[Batpig]

Full disclosure, I'm both a consignor and buyer with PWCC...

I understand that Brent lost credibility with some after the WWG DiMaggio fiasco, but at least he's doing something. It might not be at the speed that some want, but he's the only seller on eBay putting in these limitations, and he said up front it would be a slow process. Because of that, he needs to be careful because if consignors think that at any point these policies are limiting his ability to get top dollar for his lots, they'll simply move to someone without the same restrictions.

[Peter_Spaeth]

Originally Posted by Batpig

Full disclosure, I'm both a consignor and buyer with PWCC...

I understand that Brent lost credibility with some after the WWG DiMaggio fiasco, but at least he's doing something. It might not be at the speed that some want, but he's the only seller on eBay putting in these limitations, and he said up front it would be a slow process. Because of that, he needs to be careful because if consignors think that at any point these policies are limiting his ability to get top dollar for his lots, they'll simply move to someone without the same restrictions.

So if it makes you more money it's justified? I don't follow that one, at all. I mean of course I do, but not as a matter of integrity or ethics.

[JustinD]

Originally Posted by Bigshot69

-Proportion of bid retractions compared to winning bids (10 to me isn't a big deal if someone has won 500 items in the last 6 months)

I have zero in 5000 purchases. If two percent (which is your 10 number) is allowable is it ok if I had 100?

The allowable number should be one...ever. If people make more than one mistake I feel a one year banishment is fine. no one with 10 retractions in 6 months isn't doing it deliberately.

[Bigshot69]

Originally Posted by JustinD

I have zero in 5000 purchases. If two percent (which is your 10 number) is allowable is it ok if I had 100?

The allowable number should be one...ever. If people make more than one mistake I feel a one year banishment is fine. no one with 10 retractions in 6 months isn't doing it deliberately.

Id feel a heckuva lot better about someone with 100 retractions and 5000 purchases than someone with 10 retractions and 15 purchases.

[Snapolit1]

The real bizarreness of PWCC is that they are an auction house that doesn't run auctions. They post to eBay and say "worthy of attention" a few hundred times.

[mechanicalman]

Originally Posted by Snapolit1

The real bizarreness of PWCC is that they are an auction house that doesn't run auctions. They post to eBay and say "worthy of attention" a few hundred times.

Doesn't run auctions? They run auctions on eBay, a platform for online auctions. How is this even remotely bizarre?

Agree, though, that they've never had a card that wasn't "worthy of attention" or "perhaps the best they've brokered in recent memory."

[Snapolit1]

This whole thread proves that these are eBays auctions under eBays rules. Al from LOTG has his rules. As does Goldin and the others. These are run under EBays rules.