Ebay Offers Aren't All Bad

[Leon]

So I was checking ebay out as I do so often, a few days ago. I saw a "card" I wanted. The guy had $400 on it. I knew that was way too much for that card. I offered $125 and told him I knew the series and that is a fair price. He accepted. Huge asking prices don't always mean a huge sales price. It never hurts to make an offer.
.

[trib01]

Agreed Leon. I have landed some really nice stuff just by talking and offering prices to people. Once in a while you talk to people who are reasonable about things. LOL. Nice grab.

[sb1]

Had the same experience with a scarce non-sports set on ebay, seller admitted he did not know the value and had a really high buy it now. I sent him a link to the same issue in set form that traded last year and an offer just over that ending price, he thanked me for the info and accepted my offer.

[BobbyVCP]

Yes only thing they can say is no

VCP is very close to rolling out a new feature that will greatly help you in making offers. So when ready I hope Leon will let me post the announcement here first for all of you to use.

We are really excited about this one and feel it will be a great new tool in our arsenal.

[samosa4u]

Originally Posted by Leon

So I was checking ebay out as I do so often, a few days ago. I saw a "card" I wanted. The guy had $400 on it. I knew that was way too much for that card. I offered $125 and told him I knew the series and that is fair price. He accepted. Huge asking prices don't always mean a huge sales price. It never hurts to make an offer.
.

Well, if you offer anyone 30% on their stuff, then 99.99% of the time it ain't gonna' work! But yeah, nice story ...

[Leon]

Originally Posted by samosa4u

Well, if you offer anyone 30% on their stuff, then 99.99% of the time it ain't gonna' work! But yeah, nice story ...

Lucky me, I was the 1 in 1000.

https://www.ebay.com/itm/354867532365

1 item
$125.00
Shipping
$3.00
Tax*
$10.56
Order total
$138.56

.

[icurnmedic]

I don’t understand why sellers willing to take fair market prices list their product 2-3x its value. I offer occasionally and purchase,but I feel like it drives many if not most buyers away.
$.02

[Vintagedeputy]

Originally Posted by icurnmedic

I don’t understand why sellers willing to take fair market prices list their product 2-3x its value. I offer occasionally and purchase,but I feel like it drives many if not most buyers away.
$.02

I sell stuff on eBay as a reseller and to me, I don’t follow the concept of going by comps and eBay sold values. These are collectibles and what someone else paid for something yesterday and what someone else was willing to accept for it yesterday really has no bearing on me today, in my mind.

With any collectible item, the buyer and seller at that moment for that particular item have to determine what the value is. Hopefully they can come to an agreement on a number. There are many factors that come in to play for sellers to determine what they’re willing to accept.

For example, I recently picked up a set of four glasses that I paid a total of $4 for. I listed them for $24.95, and I received three offers; $12, $18 and $20. That’s quite a variance for a $24.95 ask. Knowing what my out-of-pocket costs were I obviously took the $20 offer and was happy for that. I got 5X my cost and turned down a 3X offer.

I feel like you can’t compare what someone else did yesterday to your item today and what your investment may be or how you feel about it. Sometimes I get over market value for things, and sometimes I sell them for less than market value because of what I have invested in it or what I feel comfortable letting it go for.

I used to be one of those people that asked the “what’s it worth?” comment on stuff until I realized that the buyer and seller determined value for that exact item at that exact moment. What someone else paid for it yesterday or sold it for yesterday has zero relevance to me.

[raulus]

Originally Posted by Vintagedeputy

I sell stuff on eBay as a reseller and to me, I don’t follow the concept of going by comps and eBay sold values. These are collectibles and what someone else paid for something yesterday and what someone else was willing to accept for it yesterday really has no bearing on me today, in my mind.

I used to be one of those people that asked the “what’s it worth?” comment on stuff until I realized that the buyer and seller determined value for that exact item at that exact moment. What someone else paid for it yesterday or sold it for yesterday has zero relevance to me.

If it’s an item that comes to market often, and is abundantly available, then what it sells for yesterday is a pretty good indication of what it should sell for today. If I’m doing the buying, it’s certainly going to be an important consideration for me. If you prefer to charge more, then bully for you. I’ll just go to the seller next door who will let it go for the going price.

Now if you have something rare and unusual, then absolutely. There is no real market price in most of those situations, and the seller and buyer will get to determine that market price together.

[Bryzz02016]

Originally Posted by icurnmedic

I don’t understand why sellers willing to take fair market prices list their product 2-3x its value. I offer occasionally and purchase,but I feel like it drives many if not most buyers away.
$.02

It's the old "Rick from Pawn Stars" concept:

"I'll just throw it on ebay at some ridiculously high price, it will sit there for months, and maybe someone will overpay for it."

Some of these sellers post stuff on ebay with zero intention of selling it. I call them the "Instagram Sellers." They use ebay like Pinterest or IG to just show off their stuff. It can get annoying indeed.

[Brent G.]

Originally Posted by Bryzz02016

It's the old "Rick from Pawn Stars" concept:

"I'll just throw it on ebay at some ridiculously high price, it will sit there for months, and maybe someone will overpay for it."

Some of these sellers post stuff on ebay with zero intention of selling it. I call them the "Instagram Sellers." They use ebay like Pinterest or IG to just show off their stuff. It can get annoying indeed.

NO WAY this happens on this site ... RIGHT??

[Snowman]

Originally Posted by Bryzz02016

It's the old "Rick from Pawn Stars" concept:

"I'll just throw it on ebay at some ridiculously high price, it will sit there for months, and maybe someone will overpay for it."

Some of these sellers post stuff on ebay with zero intention of selling it. I call them the "Instagram Sellers." They use ebay like Pinterest or IG to just show off their stuff. It can get annoying indeed.

I list a lot of cards on ebay that I have no intention of selling. There are multiple good reasons to do it.

[vintagerookies51]

Originally Posted by icurnmedic

I don’t understand why sellers willing to take fair market prices list their product 2-3x its value. I offer occasionally and purchase,but I feel like it drives many if not most buyers away.
$.02

Because as a seller, even if you list it at a fair price, buyers are ALWAYS going to try to throw out the lowest starting price in the negotiation that they can, regardless of if the asking price is fair or not. Very rarely have I seen someone just go "yeah that's a fair price I'll click Buy it Now".