Quote:
Originally Posted by Fred
...So, is a seller supposed to absorb the loss and sell the goods for the going rate or does the seller add another 25% to the final sale price to cover all the fees and taxes?...
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The seller is supposed to do what has always been done and factor in expenses when selling an item.
(cost of card) + (costs to sell) + (profit wanted) = selling price
Pretty simple.
Obviously, if you bought a Steve Sax rookie card for $20 the specifics of your selling price equation may have to change a bit to :
(cost of card) + (costs to sell) - (loss willing to accept) = selling price
Doug "I tend to use the second equation" Goodman