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Posted By: Glenn

That's exactly what I thought when I saw it. Ebay gets seller fees out of this whereas previously they only profited from the (generally much smaller) listing fees if someone made a deal on the side and ended the auction early becasue "this item is no longer available for sale".

Incidentally, I made an offer on a card through the ebay system a few days ago. Buyer promptly rejected it but told me what his reserve price was (about 70% of BIN).