Quote:
Originally Posted by Runscott
So here is some wisdom for you: not all ebay buyers are as smart as you. And even the smart ones now feel that ALL BIN cards are probably overpriced - sure, they could look up values, but it's now more of a psychological thing. If I price all of my cards at a price that will earn me five cents profit - guess what? They won't sell for the asking price (or they rarely will). I'll get low-balled by a certain percentage on every one of them. The take-home message is that buyers aren't looking for a fair deal - they are looking for a steal. So to play the game, sellers overprice their cards, buyers then respond with a discounted offer, and the cards sell.
No, sellers aren't looking for a "rube" - they are looking to stay in business. If I showed you my accounting for this year you would stop whining.
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Scott, very well expressed. Among the key statements you make is one I shall repeat yet again:
"The take-home message is that buyers aren't looking for a fair deal - they are looking for a steal."
The smug remarks from almost every National attendee was how cards were so ridiculously overpriced. Just wait 'til its THEIR time to sell. The National vendors conduct their business just as they do on eBay. Price something nice very steep. Then negotiate with a serious buyer. As for someone who loves the card, but grimaces at the price and won't even ask about a counter offer---HERE THEN is the stupid one.
---Brian Powell