eBay 2022 - Less auctions, more high buy it nows

[G1911]

Originally Posted by Lucas00

The new $600 Threshold has driven many casual sellers away.

I think this is why we have a further reduction in auctions this year. I expect it to plummet next year; a lot of casuals do not really realize they will be getting 1099's that assume 100% of the sale was profit.

[RCFire82]

Originally Posted by G1911

I think this is why we have a further reduction in auctions this year. I expect it to plummet next year; a lot of casuals do not really realize they will be getting 1099's that assume 100% of the sale was profit.

Great point.

[JimmyC]

Yeah - the 1099 era for ebay is definitely driving Sellers away....I'll be getting a 1099 for sure this year, but will have documentation to back up my overall net losses on those sales that are legitimate....

I still find and have bought a few high end cards and game used memorabilia at what I would consider market price.....but there are so many items, if not the majority that are way - way over priced.....Bargains as most of you have said, are almost impossible to find....

If you are patient, you can still set build relatively cheaply off of ebay.....but you have to be patient for sure......

eBay is definitely not what it was years ago....

[jamest206]

I listed some T202’s on here, and nobody bothered to contact me. I then sold at auction on eBay for well over my asking prices on here, after fees. I have found it is much better to do a 10 day auction, and get what you are hoping for, and not asking for some astronomical number that just isn’t going to happen. There are deals to be found on eBay.

I will also say, EBay is getting more difficult in some aspects. They are currently holding on to cash of mine, even though everything is delivered. They also had a card I am waiting on arrive at their “hub” to verify authenticity in Sarasota last Monday. So I am out the cash, and God knows if the card will ever show up. So, all in all, eBay is holding 2k in cash since the 19th, and a card valued at 2k as well.

Then again, you have some guys on here do the Goods & Service on PayPal after being clearly told not to when i sell, and i have to go through quite the hassle of getting my money from PayPal.

[rats60]

Vintage is on fire. Auction House prices are high. Card Show prices are high. BST prices are high. Why shouldn't eBay sellers list their cards high? You can always lower the price if it doesn't sell. You can always accept best offers. I recently listed a card at a high price. Soon after, I received an offer at 50%. A couple hours later a buyer hit the buy it now. There is no need to leave money on the table because when you spend that money back on your collection, you aren't getting a bargain either.

[Zach Wheat]

Originally Posted by rats60

Vintage is on fire. Auction House prices are high. Card Show prices are high. BST prices are high. Why shouldn't eBay sellers list their cards high? You can always lower the price if it doesn't sell. You can always accept best offers. I recently listed a card at a high price. Soon after, I received an offer at 50%. A couple hours later a buyer hit the buy it now. There is no need to leave money on the table because when you spend that money back on your collection, you aren't getting a bargain either.

Those are good points. I am selling some excess cards; listed some through auction and some through BIN's. Auctions sold for 30% of the BIN price, but the BIN's were on the market for 4x+ as long. For me the selling time differential was not important.

[Jewish-collector]

I always would list BIN and just slowly lower the price until it sells. With auctions, what if someone is out of town, real life stuff, etc,... and misses the auction.

[Exhibitman]

I completely agree that on rare or esoteric items where there is no ready pricing history, sellers sticking to their guns is the best way to get a price that makes them happy. Whether it makes shoppers happy is irrelevant; that buyer who needs that rare card is the focus.

I understand that people who want to score bargains are getting frustrated with the lack of low minimum bid auctions, but selling is not an eleemosynary activity, it is a for-profit endeavor. I am switching over to doing BINS or auctions with openers at what I want to get on the card. No more "start it cheap and see where it goes" auctions, unless I am blowing out something for some reason and don't really care where it ends up. I think that is the only formula that really makes sense for a part-time seller, especially when prices are rising but also volatile.