Dealer mad for good reason?

[uyu906]

Here is my story of an odd OBO situation. Last winter one of my white whales was put up on ebay as a buy it now or OBO. The buy it now price was 1K, about 2/3 higher than the last similar example that sold at auction for, which was about $325. I best offered three times with my last bid being $450. Seller declined all three of my bids. However, seller contacts me a couple days later and says he will take my $450 for it. I tell him no, you refused my offer of $450 and now my offer had dropped to $350 which was still $25 higher than the last comparable one that sold at auction. Needless to say he declined my offer with several expletives. But as far as I am concerned - he did that to himself.

Fast forward to this summer, same dealer has same card for same price on ebay. He has had no bids on the card since my winter time bids. This indicated to me that there is no interest in this card, particularly from where his starting price is. I place an OBO offer for $400 as I think this is the absolute maximum the card is worth. He responds that he will not take a penny less than $450 for the card, and that he would rather be buried with it instead. I shrug and go on with my day. The card still sits on ebay with his initial price of 1K with no recent bids.

This is just an example of my frustration as a buyer with OBO. Why ask for 3 times what a card is generally selling for with an OBO? Maybe you get a sucker to bite every so often if this is your marketing plan. But for most things don't you just sit on inventory?

[Runscott]

Originally Posted by uyu906

Here is my story of an odd OBO situation. Last winter one of my white whales was put up on ebay as a buy it now or OBO. The buy it now price was 1K, about 2/3 higher than the last similar example that sold at auction for, which was about $325. I best offered three times with my last bid being $450. Seller declined all three of my bids. However, seller contacts me a couple days later and says he will take my $450 for it. I tell him no, you refused my offer of $450 and now my offer had dropped to $350 which was still $25 higher than the last comparable one that sold at auction. Needless to say he declined my offer with several expletives. But as far as I am concerned - he did that to himself.

Fast forward to this summer, same dealer has same card for same price on ebay. He has had no bids on the card since my winter time bids. This indicated to me that there is no interest in this card, particularly from where his starting price is. I place an OBO offer for $400 as I think this is the absolute maximum the card is worth. He responds that he will not take a penny less than $450 for the card, and that he would rather be buried with it instead. I shrug and go on with my day. The card still sits on ebay with his initial price of 1K with no recent bids.

This is just an example of my frustration as a buyer with OBO. Why ask for 3 times what a card is generally selling for with an OBO? Maybe you get a sucker to bite every so often if this is your marketing plan. But for most things don't you just sit on inventory?

So he thought about your last offer of $450 and changed his mind and accepted it….and you got upset that he didn't accept it immediately, and ended up without the card that you really wanted? And he is in the same situation as he was before he ever heard of you, and probably has forgotten all about it.

I hope I don't have any customers that are still grieving over transactions with me that never occurred.

[uyu906]

Originally Posted by Runscott

So he thought about your last offer of $450 and changed his mind and accepted it….and you got upset that he didn't accept it immediately, and ended up without the card that you really wanted? And he is in the same situation as he was before he ever heard of you, and probably has forgotten all about it.

I hope I don't have any customers that are still grieving over transactions with me that never occurred.

You missed the part of him saying he would rather be buried with the card than sell if for less than $450.

I bought a copy of the card this fall for $400 at a show.

[Runscott]

Haha. I did read that, but forgot while I was posting. It does sound like you pissed him off, at least for the moment. Glad you got your card.

[frankbmd]

This thread deserves a commercial break from a real low-baller.

[drmondobueno]

Originally Posted by frankbmd

This thread deserves a commercial break from a real low-baller.

Dumplings are good. Dumplings are better than...pork chops!