Seller: "Ill just keep it" tactics in negotiation

[AJR]

A card is worth what a buyer will pay for it... Conversely a card is also worth what a seller is willing to take for it...

[egbeachley]

Originally Posted by AJR

.. Conversely a card is also worth what a seller is willing to take for it...

I disagree, that has nothing to so with its worth.

[bn2cardz]

Originally Posted by egbeachley

I disagree, that has nothing to so with its worth.

Sure it does. When a seller won't sell for a certain price they are saying at that point it is worth that much to them to keep it. It just isn't a value that can be tracked.


I will say that I am guilty of the "I will keep it" mentality. Any card I have can be sold, but it doesn't mean I would be willing to let it go even at "market value". Sometimes this is due to sentiment, the card is part of a collection goal, or it falls into the "too rare" category where market value is sporadic at best and I know I couldn't replace it very easily if I wanted to in the future.

For instance I have a card I know another collector on the board was looking for and knew it existed but didn't know who had it. So I made him aware I had it and that he was free to make an offer. His offer was fair by most "market" standards, but to me I wasn't willing to let it go. So to me, at that point, it became worth more than the offered price.

[Leon]

Oh, you guys are talking about my "don't want to sell it" card prices. Those are usually double or more of market value (whatever that means). I have it, you want it, I don't want to sell it, so make me an offer I can't refuse!!

It's not a big deal, I do it all of the time. Ask anyone that came by our table at the National. Lots of great cards with wildly high prices. I truly didn't want to sell but if someone had to have something, there was a price.

[clydepepper]

Originally Posted by Leon

Oh, you guys are talking about my "don't want to sell it" card prices. Those are usually double or more of market value (whatever that means). I have it, you want it, I don't want to sell it, so make me an offer I can't refuse!!

It's not a big deal, I do it all of the time. Ask anyone that came by our table at the National. Lots of great cards with wildly high prices. I truly didn't want to sell but if someone had to have something, there was a price.

I'll take 50K for my Babe Ruth...if no one is interested.

[1952boyntoncollector]

i not talking about taking from a personal collection.

the scenerio thats pretty common..is a card is listed for active sale...and the seller is upset at an offer....thats why i posted the excuses such as 'vcp compairison' smr comparison' 'have an offer but the guy doesnt have funds til january ' etc..but then at the end of it..the seller just says 'ill keep it'......

my point is that sellers belittle offers but can we all agree they cant belittle an offer if its market value and their only point in not selling is 'ill keep it'...they can do whatever they want with their card but its annoying when they belittle a market price offer on a card that they appear to be actively selling

sellers can have feelings and entitled to do whatever....my whole point is can we agree when 'ill keep it' when thats the last tactic when faced with the highest offer they can possibly get in a time period means they arent willing to accept market price...

[1952boyntoncollector]

.

For instance I have a card I know another collector on the board was looking for and knew it existed but didn't know who had it. So I made him aware I had it and that he was free to make an offer. His offer was fair by most "market" standards, but to me I wasn't willing to let it go. So to me, at that point, it became worth more than the offered price.[/QUOTE]


That wouldnt be 'actively selling it' the guy was seeking you out more than you seeking him out..

[vintagetoppsguy]

I woke up with a slight headache. It just got worse...and I didn't even make it though all the posts.

[ullmandds]

Truth is...most collectors think their cards are better and more valuable than others...especially their rarer ones! That being said...if someone wants a card I have..that I don't want to sell...they'd better make an impressive offer if they expect me to part with it...market value will not do in such situations!

[I Only Smoke 4 the Cards]

Originally Posted by ullmandds

Truth is...most collectors think their cards are better and more valuable than others...especially their rarer ones! That being said...if someone wants a card I have..that I don't want to sell...they'd better make an impressive offer if they expect me to part with it...market value will not do in such situations!

http://en.m.wikipedia.org/wiki/Endowment_effect

[Peter_Spaeth]

Originally Posted by vintagetoppsguy

I woke up with a slight headache. It just got worse...and I didn't even make it though all the posts.

I don't understand what is being asked either.

[packs]

It usually means you want the card more than the seller wants to sell it. I'll give a quick example:

Not too long ago I had a signed T206 that a fellow board member had their eye on. I made no attempts at all to sell it. However, one day I got a PM with an offer I couldn't justify turning down. So I sold it.

Had that offer not been so enticing, I would have said no thanks I'm going to keep it.

[1952boyntoncollector]

When a seller at the end of all negotiations with all possible sellers ends up 'keeping the card' Can we all agree the seller was not willing to sell the card at market price....

[philliesphan]

Originally Posted by egbeachley

I disagree, that has nothing to so with its worth.

Except if...the card is too rare to be valuable.

We must go deeper.

[glchen]

Everyone's definition of market value is different. If it were so easy to say that a card at this condition has this market value (say by quoting VCP), then the buyer can always try to buy another card from another seller at that price. If there's no other comparable card for sale at the price the buyer is quoting, then that might not be the true market value. Otherwise, the buyer can always wait for the card he wants at the price he wants. Impatience causes prices to go up.

[lug-nut]

when trying to negotiate with a buyer who insists on trying to get you to accept their low-ball, unreasonable offer (while trying to justify the market). i too will tell them the same thing "for that offer, i'll just keep it" which means "i'll wait for a better offer"

either buy it or don't, it's mine to put whatever price on it i choose

[pbspelly]

What do you think about when someone has a card and is not interested in selling it and another member asks about it but gets no response? I've had this happen a few times, where I knew another member had a card I was looking for. I sent a message asking if they were interested in selling it and they just ignored my query. No response at all. But they keep posting comments on other threads so I know they're around. Seems kind of inconsiderate.

[Exhibitman]

Originally Posted by pbspelly

What do you think about when someone has a card and is not interested in selling it and another member asks about it but gets no response? I've had this happen a few times, where I knew another member had a card I was looking for. I sent a message asking if they were interested in selling it and they just ignored my query. No response at all. But they keep posting comments on other threads so I know they're around. Seems kind of inconsiderate.

Could be any of a number of things:

--Rudeness. If you are being ignored by another member.
--Missed email. I get a hundred 'legit' spams a day [not counting the offers for fake rolexes and penis pills] from several AH's, TPG's and eBay. I often miss stuff.
--Read and forgot. This happens to me sometimes when I check a PM here on the fly but don't have the chance to respond. It then doesn't 'ping' me when I sign back in.
--Rubbed me the wrong way. Rare, but happens sometimes when a person just can't help but be obnoxious.

So, was the offender me?

[rats60]

Originally Posted by egbeachley

I disagree, that has nothing to so with its worth.

Sure it does. If a seller would rather have his card than what you offer, the card is worth more than what you offer. Why does an exchange have to take place to determine a card's worth? You say a card is only worth what someone is willing to pay, well what if its current owner is willing to pay more for the card than anyone else (not sell it at your low offer)?

[bobbyw8469]

Originally Posted by rats60

Sure it does. If a seller would rather have his card than what you offer, the card is worth more than what you offer. Why does an exchange have to take place to determine a card's worth? You say a card is only worth what someone is willing to pay, well what if its current owner is willing to pay more for the card than anyone else (not sell it at your low offer)?

+1. It is called replacement costs. If the seller would have a hard time rebuying the card for what it sold for, then the low offer IS NOT the market value. It is just someone making a low offer and hoping the seller will sell.

[Bugsy]

It sounds like he wasn't really that interested in moving it in the first place. If you are trying to pry it out of his personal collection, offering market value probably isn't going to do it.

[Bugsy]

Think of it this way. If you are trying to get him to part with something he wants to keep in his collection, you are going to have to offer more than what he probably paid for it.

[Exhibitman]

I do this all the time. It would be stupid to do that with a mainstream card but I have a lot of items that are oddball and obscure, and many cards that are very, very scarce [esp. in the boxing field]. If someone wants one of them they are going to have to dazzle me with their offer because I can't just go replace it on eBay.