What would YOU like to see in a online auction?

[EYECOLLECTVINTAGE]

Originally Posted by rhettyeakley

I prefer to see auction houses run by people who know a great deal about the subject matter, in fact I would consider that an absolute necessity.

Being a relative newcomer to the field doesn’t give anyone a free pass to open an auction house, what exactly would you provide to your consignors? Not trying to be rude but you have asked some pretty rudimentary questions over the past few months and not sure why you think this would be a great idea. Again, if you you decide to take this on I wish you luck I just don’t know that this would be a successful venture for you.

For a single item I would agree. The only time I could see charging a sellers fee is if there is a lot of work involved.

Example would be organizing lots into making sense for buyers.

Say you're given 2000 cards of all different years. In order to maximize profit, you are going to have to strategize and come up with a plan to make the lot more attractive which would most likely involve breaking them down into smaller lots and taking detailed scans.

Another example would be a huge lot of stubs. In order to maximize profits, you're gonna want to list each date as well as any noteworthy events to help the lots garner as much attention and money as possible.

Would you agree with that?

[Orioles1954]

Originally Posted by EYECOLLECTVINTAGE

For a single item I would agree. The only time I could see charging a sellers fee is if there is a lot of work involved.

Example would be organizing lots into making sense for buyers.

Say you're given 2000 cards of all different years. In order to maximize profit, you are going to have to strategize and come up with a plan to make the lot more attractive which would most likely involve breaking them down into smaller lots and taking detailed scans.

Another example would be a huge lot of stubs. In order to maximize profits, you're gonna want to list each date as well as any noteworthy events to help the lots garner as much attention and money as possible.

Would you agree with that?

I would think most on this site would have a minimum 20+ years in the hobby. If you lack experience, why not just go the eBay consignment route and build trust that way?

[ullmandds]

QUALITY CONSIGNMENTS...NOT ITEMS PURCHASED FROM EBAY OR OTHER AUCTION HOUSES THEN RE-AUCTIONED OFF A MONTH OR TWO LATER. Sorry for the caps tat was an accident!

[1952boyntoncollector]

Originally Posted by ullmandds

QUALITY CONSIGNMENTS...NOT ITEMS PURCHASED FROM EBAY OR OTHER AUCTION HOUSES THEN RE-AUCTIONED OFF A MONTH OR TWO LATER. Sorry for the caps tat was an accident!

i think the market will dictate that one...if the new auction place gets higher prices..why should they stop...if they get lower prices..the consignments from these sources will stop coming in.

[sycks22]

There's a current auction house (name escapes me) that started without charging a consignment fee or BP, you just paid for advertising in their catalogue. After about 2 or 3 auctions they went back to charging a BP as it must not have been profitable and kind of takes the advertising motivation for the AH if they don't care if their items sell for $10k or $100k.

[EYECOLLECTVINTAGE]

Originally Posted by Orioles1954

I would think most on this site would have a minimum 20+ years in the hobby. If you lack experience, why not just go the eBay consignment route and build trust that way?

I have over 1800 positive feedback on eBay at 99.9%. Since 2014

I have taken local consignments and sold on eBay.

Id rather not wait 20 years to start haha

I won't be listing Ruth rookies, but I think you could trust someone who's been buying and selling for a while when it comes to selling Items that are self explanatory and or certified by third party companies would you agree?

Also why does eBay deserve 9% when I can attract the same eyeballs through net 54 members and not have to worry about them shutting me down for absolutely no reason at all as you read so many times online.

[ullmandds]

I won't be listing Ruth rookies, but I think you could trust someone who's been buying and selling for a while when it comes to selling Items that are self explanatory and or certified by third party companies would you agree?[/QUOTE]

similar modelled auction houses currently exist...some run by veterans of over 30 yrs in the hobby...not sure how many this hobby can sustain?

[EYECOLLECTVINTAGE]

Originally Posted by ullmandds

I won't be listing Ruth rookies, but I think you could trust someone who's been buying and selling for a while when it comes to selling Items that are self explanatory and or certified by third party companies would you agree?

similar modelled auction houses currently exist...some run by veterans of over 30 yrs in the hobby...not sure how many this hobby can sustain?[/QUOTE]



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