REA Adds A Third Auction and More Pre-National Announcements!

[oldjudge]

Thanks Michael

[Rhotchkiss]

Brian, you have an offer sitting in whatever inbox it goes to. I’d love to be the first private deal you do via this function.

[x2drich2000]

Hey Brian, great idea to allow people to make offers. Would it be possible to make an offer on part of a lot? For instance, if a lot had 3 cards, but I only was interested in 1 of those cards, could I make an offer on just the 1 card I wanted?

Thanks
DJ

[barrysloate]

Nice to see REA adding a third auction. Just took the survey and it was painless.

[Peter_Spaeth]

I would be interested to see if many deals actually happen this way. My suspicion is that people are either actively looking to sell or are not interested in selling, and that there will be a very high futility ratio and a ton of lowball offers that take people's time, but hope I'm wrong.

[Piratedogcardshows]

Thats great news for REA and for us collectors as well. Looking forward to stopping by the booth.

[Peter_Spaeth]

The free shipping was such a hit PR-wise, I am kind of surprised to see it go. Not that the new fees don't sound perfectly reasonable, it was just one of those things that seemed to thrill people and generate a lot of goodwill.

[Bicem]

Originally Posted by Peter_Spaeth

I would be interested to see if many deals actually happen this way. My suspicion is that people are either actively looking to sell or are not interested in selling, and that there will be a very high futility ratio and a ton of lowball offers that take people's time, but hope I'm wrong.

Guessing a small percentage based on Heritage's rejected rate which you can view on their site, but worth a shot!

Congrats Brian! Exciting stuff!

[conor912]

Originally Posted by Peter_Spaeth

I would be interested to see if many deals actually happen this way. My suspicion is that people are either actively looking to sell or are not interested in selling, and that there will be a very high futility ratio and a ton of lowball offers that take people's time, but hope I'm wrong.

I would think it would be easy enough to add a feature to the program that only allows someone to offer what the item sold for at the auction (plus juice, shipping, etc) or higher. I'm guessing the only people willing to take less than they paid for something would already be activly trying to sell it and defeat the purpose entirely.

[Steve D]

Originally Posted by x2drich2000

Hey Brian, great idea to allow people to make offers. Would it be possible to make an offer on part of a lot? For instance, if a lot had 3 cards, but I only was interested in 1 of those cards, could I make an offer on just the 1 card I wanted?

Thanks
DJ

I have the same question.

Steve

[Sean]

Originally Posted by Steve D

I have the same question.

Steve

Me too. I also want to add that while a third auction is welcome, I'm going to miss the October REA. I loved bidding on old cards while watching the World Series.

[spacktrack]

With respect to offering on individual parts of a lot, we'll entertain such offers on a case by case basis, and as long as it makes sense for all parties, we'll do our best to facilitate a transaction. We don't want to get in a position of tracking down $15 cards from some large lots that have passed through REA in the last 20 years, but I know there were some meaty lots back in the day that will have significant singles that may be of interest.

Brian