REA Marketplace Open

[wondo]

https://bid.collectrea.com/marketplace

[parkplace33]

These prices haven't been affected by the market

Seeing a lot of OC and MC cards.

[wondo]

Originally Posted by parkplace33

These prices haven't been affected by the market

Seeing a lot of OC and MC cards.

I did, too - not surprising. There are some wicked pieces on there that you don't see everyday

[Apple_Robert]

There sure are a lot of Hindu back offerings with the T206.

[BobbyVCP]

I am trying to figure this out...so the seller lists X for sale
and what does REA get? Is there a hammer added to the sale
price or is it already counted in on the price of the card for sale
by the owner?

[jayshum]

Originally Posted by BobbyVCP

I am trying to figure this out...so the seller lists X for sale
and what does REA get? Is there a hammer added to the sale
price or is it already counted in on the price of the card for sale
by the owner?

I think the listed price is the price paid by the buyer. In the email I received today, it says they are still offering an introductory 5% flat rate for a limited time which I think is coming from the seller.

[calvindog]

Does the marketplace have a make an offer option as Heritage does? Some of these prices are bonkers.

[MR RAREBACK]

Yes

[Lucas00]

Originally Posted by calvindog

Does the marketplace have a make an offer option as Heritage does? Some of these prices are bonkers.

[calvindog]

Thanks, fellas!

[vthobby]

Originally Posted by Lucas00

Yes they do. All items are in house but owned by individuals so when you send an offer on the site, it goes to the seller to decide if he/she wants to accept.

You have 3 tries at an offer.

I sent an offer today on a card. Awaiting response as I type.

Mike

[conor912]

They might be totally fine with it since they don’t need to hold the inventory nor is it their main service, but I could see this turning into another eBay museum.

[raulus]

Originally Posted by conor912

They might be totally fine with it since they don’t need to hold the inventory nor is it their main service, but I could see this turning into another eBay museum.

Hope you enjoy the antiquities!

[LEHR]

As long as the fee's do not get too out of hand (5% introductory now but what will they end up at?) I would definitely use this service in the future as a seller. And I really like the make an offer option.

[LEHR]

Originally Posted by conor912

They might be totally fine with it since they don’t need to hold the inventory nor is it their main service, but I could see this turning into another eBay museum.

While a some things seemed to be priced out of this world I would say the vast majority is priced within reality. When I took a look yesterday I saw at least a dozen pieces already marked as sold (I think all were under $4k items). I haven't looked into the terms but I wonder if REA will put a time limit on unsold listed items?

[boneheadandrube]

I've sold 3 items already. One was bought outright and two others were offers I accepted. I'm quite happy with the service being available.

[mrreality68]

Originally Posted by conor912

They might be totally fine with it since they don’t need to hold the inventory nor is it their main service, but I could see this turning into another eBay museum.

I agree I can see it as an Ebay Museum

Some of those prices are alot higher than the current market will support but at least it has the offer options

The selection of the cards for their rollout is impressive

[jayshum]

Am I missing something, or can you not get to their new marketplace from their Home page? The only way I could find it from their Home page was to click on The Auction at the top of the page then choose Bid Now. Then at the top of the window, I now see Marketplace to click on. Seems like there should be something on the Home page to make it easier to find.

[LEHR]

Originally Posted by jayshum

Am I missing something, or can you not get to their new marketplace from their Home page? The only way I could find it from their Home page was to click on The Auction at the top of the page then choose Bid Now. Then at the top of the window, I now see Marketplace to click on. Seems like there should be something on the Home page to make it easier to find.

That's the way I accessed the marketplace as well. I didn't see a link anywhere on the home page, which I thought was odd.

[wondo]

Originally Posted by LEHR

That's the way I accessed the marketplace as well. I didn't see a link anywhere on the home page, which I thought was odd.

You can go straight to BID NOW and it will allow you to select MARKETPLACE.

[MR RAREBACK]

Just offer what your willing to pay, and see what happens

[jayshum]

Originally Posted by wondo

You can go straight to BID NOW and it will allow you to select MARKETPLACE.

Yes, that's what I said I did. Since it's not something that involves bidding, it isn't the most obvious place you would expect it to be located. Seems like they could do a better job of promoting it on their Home page since it's new, and if you weren't looking for it, you might never find it the way it is currently accessed.

[wondo]

Originally Posted by jayshum

Yes, that's what I said I did. Since it's not something that involves bidding, it isn't the most obvious place you would expect it to be located. Seems like they could do a better job of promoting it on their Home page since it's new, and if you weren't looking for it, you might never find it the way it is currently accessed.

BID NOW is on the home page - one less click. But I wholeheartedly agree with you; one would think it would be pushed on the front page. Methinks that this will get a whole bunch of new consignments for them. After a certain amount of time without selling, the consignor will tire of waiting and shoot it to the auction. Afterall, the piece is already in REA hands.

[jayshum]

Originally Posted by wondo

BID NOW is on the home page - one less click. But I wholeheartedly agree with you; one would think it would be pushed on the front page. Methinks that this will get a whole bunch of new consignments for them. After a certain amount of time without selling, the consignor will tire of waiting and shoot it to the auction. Afterall, the piece is already in REA hands.

You're right, there is a Bid Now button on the Home page, but that's probably only there because there is currently an auction running. After it ends on Sunday, I would assume that will be gone. I'm not sure what will be available under The Auction option at the top. I guess we'll find out in a few days.

[Fred]

Originally Posted by boneheadandrube

I've sold 3 items already. One was bought outright and two others were offers I accepted. I'm quite happy with the service being available.

Greg, was it Bonehead or Rube that priced the three cards you sold? You have to figure, after seeing the prices of a lot of items in the venue, if you sold three already, then the price must have been a good deal for someone and will be pushed back to the venue at twice the price.

Just kidding. It's nice to hear that someone has been able to sell a few items through this portal. Good luck with the rest of your items (if you have any more for sale).

[powell_am]

I put 24 pieces on, priced them at 105% of VCP average. Sold 4 within 24 hours with 3 at the listed price. Super easy as a seller without having to deal with any hassle. So as long as the fees don’t get too high, I will use for liquid items.

[molenick]

I think anything that offers people another option to buy or sell cards is a good addition to the hobby.

My suggestions are that you should be able to "watch" an item and that (like the auction) you should be able to see more than 100 lots per page (most other auction houses offer a 200, 250, or "all" option).

[ajjohnsonsoxfan]

Bought a card on the marketplace today! Super easy process. I used the offer functionality. Seller and I went round couple times and we agreed on a price. Paid REA price + $15 shipping via Zelle. Happy with process and think this could be a really valuable resource for both buyers and sellers.

[MR RAREBACK]

Nice

[mordecaibrown1]

Yes Some prices are somewhat high but I did wind up purchasing a nice card at a decent price

[MR RAREBACK]

Cool

[Leon]

Another venue to buy our cards from, the more the merrier. And, as said, you can always make an offer of the price is above your threshold.

Here is an REA win, not from the new sales venue, but still.....

[aconte]

That's a great postcard Leon.
Never saw it before.

[jbsports33]

Thank you! REA was fast to respond to my questions and contacted me the same day - Thanks Tyler! strong ending prices on Sunday too!

Jimmy

[raulus]

Sent a bunch of pieces in, got there on Friday, and posted to their site over the weekend.

Just had my first piece sell on Monday morning. Looking forward to getting paid!

Edited to add: Link to the piece that just sold, since inquiring minds need to know: https://bid.collectrea.com/marketplace/741

And apparently they do electronic payments now. My first time printing a check and then depositing it electronically. What could go wrong!?

[theshowandme]

Sent the following in today

We will see

[puckpaul]

18 cards in one lot? Great card but that seems like a cool collection with limited buyers.

If anyone wants to break it up, I would buy ONE.

Paul

[MR RAREBACK]

Originally Posted by theshowandme

Sent the following in today

We will see

Nice stuff good luck

[theshowandme]

Originally Posted by MR RAREBACK

Nice stuff good luck

thank you!

[theshowandme]

My stuff has been listed
https://bid.collectrea.com/marketpla..._Number%3Adesc

[philliesfan]

I contacted them today. If a card does not sell after a month and you want to get it back, there is a $5.00 fee plus shipping back to you or just the $5.00 if you pick it up. I am not sure if that is a $5.00 per month fee or a one time fee.
And as of right now, it is a 5% fee.
Bob

[raulus]

Originally Posted by philliesfan

I contacted them today. If a card does not sell after a month and you want to get it back, there is a $5.00 fee plus shipping back to you or just the $5.00 if you pick it up. I am not sure if that is a $5.00 per month fee or a one time fee.
And as of right now, it is a 5% fee.
Bob

Pretty sure it’s just a shipping fee if you want your stuff back.

[philliesfan]

From my email:

Hi Robert,

Thank you for reaching out to REA regarding your potential Marketplace submission. I am the consignment coordinator with REA and yes you would be able to drop off cards for our Marketplace. A couple requirements for our Marketplace is that all items need to be graded/ authenticated, listed for a minimum of 30 days, and have a minimum value of $100. After 30 days if an item does not sell and you would like it back, it would be $5 per lot plus any shipping costs to receive it back. In your scenario, if you were to come pick them up, it would be just $5 since we would not be shipping it back. In terms of what price items are listed at, you would decide what your items listed at. The rate for our Marketplace is 5% for the rest of 2025, for example if you had an item listed at $1,000 and it sold you would net $950. If you have any other questions please let me know.

Best Regards,

Tyler Arnold

[theshowandme]

$5 is a one time fee