why do sellers change asking price to sold after a sale?

[eliotdeutsch]

It’s generally understood that in markets like this the transaction information is property of the buyer and therefore up to him to disclose terms.

[parkplace33]

Because they can (for whatever reasons they choose).

[parkplace33]

Originally Posted by parkplace33

Because they can (for whatever reasons they choose).

I just read through 3 pages of this post and am amazed how much members get spun up about this topic. I echo my above statement on page 1. Members can do it because they can, bottom line.

[trambo]

I post sold in place of the price when I sell something here (which isn't too frequently but it does happen) for a few reasons. The most important one is to let people know the card was sold. If I left the price and then said sold, I'm sure I'd get a PM or two asking me about the price of the card and not bother to read that it was sold. Another reason is it really isn't anyone's business but the seller and me what the transaction entailed from a price perspective. I get people want info but I'm selling doubles so how I price something may or may not reflect the market and I'm sorry to say it isn't my responsibility to let everyone on the thread know how much I sold something for. I do know that chaps people but in that instance, it's just not their business to know what a private transaction entailed. We have VCP, 130point and other sites to help with values so look through those.

And lastly, I do it because I can....haha!

Don't mean to offend w/my why for those of you that don't agree w/me. Just saying how I feel about it.

[Flintboy]

I think the bigger question is what some people are asking for what they’re selling on the BST. I get it, you can ask whatever you want, it’s your card. But try to be within reason on pricing. Some sellers are running a museum….every other day with the bump bump bump. Same sellers too. End of rant!

[G1911]

1) the listed price is often not what it actually sold at. Often it traded. Often I took the OBO option.

2) the sales data for 99% of cards sold here on the BST is easily found by clicking eBay’s sold results to get a much larger data set. Unique stuff isn’t sold here all that often. I just don’t see any meaningful purpose.

3) because some people don’t really read and will continue to send emails even after I’ve said it’s sold or traded or gone, but if “$SOLD” is written over the price they can’t miss it because that’s the part people read.

[obcbobd]

Originally Posted by eliotdeutsch

It’s generally understood that in markets like this the transaction information is property of the buyer and therefore up to him to disclose terms.

But I imagine who marked $SOLD be upset if a buyer then posted the price?

[Snapolit1]

Originally Posted by obcbobd

But I imagine who marked $SOLD be upset if a buyer then posted the price?

No, as seller I wouldn't care if buyer disclosed it. Not at all.

[Peter_Spaeth]

Originally Posted by Snapolit1

No, as seller I wouldn't care if buyer disclosed it. Not at all.

Then why are you deleting it?

[swarmee]

I just assume that it's people not wanting the IRS to see what transactions they should now be taxed on.

[jayshum]

Originally Posted by swarmee

I just assume that it's people not wanting the IRS to see what transactions they should now be taxed on.

I don't think the IRS has the resources to be looking for online sales and to try to connect them to someone without a social security number being available with the transaction, unless Leon is going to start sending in 1099s for any card that sells for over $600.

[Fred]

Perhaps in some cases, the seller doesn't want to disclose the sale price because there are those the saw the "offer to sale" price and will be able to gauge how much a seller will negotiate the next time something is offered for sale.

I'm not afraid to send an offer to a seller. Worst case is that they say no or there's further negotiation. What's poor form is when people just completely low ball the seller, or (and I know I'm going to get an earful about this next comment) is when someone has a really nice sale price and someone buys it to flip it quick to make a few bucks. In my opinion, if someone has a nice price on it, let it go to another board member that can appreciate the card and hold on to it because they truly want it as part of their collection - ok, bring it on, let's hear the reasoning about capitalism and "if one person didn't do it, then someone else would do it".

[GasHouseGang]

Originally Posted by jayshum

I don't think the IRS has the resources to be looking for online sales and to try to connect them to someone without a social security number being available with the transaction, unless Leon is going to start sending in 1099s for any card that sells for over $600.

If they don't now, they might soon. They are supposed to be hiring 87,000 new IRS agents.

[JustinD]

Originally Posted by swarmee

I just assume that it's people not wanting the IRS to see what transactions they should now be taxed on.

I always just assumed that was an occasional part of the reason also. Even if it does seem a tad paranoid to think that way, but a program to scrub the internet for random names attached transactional data would not be a hard flagging program to create if wanted.

In the couple times I have listed items, I always just edited to strikethrough text unless someone was to specifically ask me to remove- Like so: $2000 SOLD. Seems a logical use as it's an option right there in the message functions.

[icollectDCsports]

Originally Posted by JustinD

I always just assumed that was an occasional part of the reason also. Even if it does seem a tad paranoid to think that way, but a program to scrub the internet for random names attached transactional data would not be a hard flagging program to create if wanted.

In the couple times I have listed items, I always just edited to strikethrough text unless someone was to specifically ask me to remove- Like so: $2000 SOLD. Seems a logical use as it's an option right there in the message functions.

Seems like a good way way to go.

[JollyElm]

I covered this topic just a bit in my 'Collectorisms' thread...

25. The War of the Discloses
The eternal, ongoing debate of whether or not the price of a card sold in the B/S/T section should be kept in the thread for posterity’s sake, or removed by the seller.

519. Fool’s Sold
Adding a new post to your own thread (that everyone is now forced to read) to declare that the card has been sold, instead of simply editing the title to reflect this fact.

915. Cost Suppressant (refer to #25)
The deliberate removal of the asking price of a card in a thread after it has been sold.

See also: Sticker Stifler - a seller who chooses to edit out the price of his card to make it now read something to the effect of “$SOLD.”

See also: Dollarsense - the argument that leaving the sales price in for everyone to see is beneficial to the entire collecting community.

See also: Stetsman - someone who abides by the principal of leaving his asking price in and unchanged following a sale.

[Peter_Spaeth]

Darren, 915 is brilliant.

[JollyElm]

Originally Posted by Peter_Spaeth

Darren, 915 is brilliant.

I would say thank you...but the pessimistic implication would be that the other two just plain suck.

[Casey2296]

I always replace the price with SOLD as well as in the title, no particular reason other than that's my preference. If you're that interested and want to know what the card sold for PM me, I'll tell you, which I have done many times for members.

WTF +1 on bumping in the reply section instead of the title when the card is sold.

[Peter_Spaeth]

Ryan, what type of comments would you want to make on B/S/T listings?

[Snapolit1]

Originally Posted by Peter_Spaeth

Then why are you deleting it?

Because I don't know if the buyer is cool with me disclosing it. I assume the ball is in his court.

[Peter_Spaeth]

The offer price, and any reductions made on the forum, were already "disclosed." This has nothing to do with keeping a private sale private. Nobody else on the board even knows who bought the damn card. The question is, having already posted the price, why go out of your way to delete it?

[G1911]

Originally Posted by obcbobd

But I imagine who marked $SOLD be upset if a buyer then posted the price?

Not in the slightest. They can post screencaps of our email conversations about it if they want. I don’t get why anyone would care in the slightest; how many cards are sold on the BST for which there is no pricing information available and people who didn’t buy it really have an interest in knowing? A handful?

[Oscar_Stanage]

I will chime in here as this is something I do.. here is my rationale:

At first, I had no idea how to sell a card, so I just did it because everyone else does.

now I continue for the following reasons.
1) it makes it clear the card is sold. I have left prices up (and note sold in the message) and continue to get messages on cards.

2) It protects the buyer from others knowing who bought it. If someone sends a "PM sent" message and the card is sold shortly thereafter, it can be known who bought the card and at what price.

3) Sometimes I may take a lower price and do not want that to be the base case assumption for other cards in the listing

There are definitely ways to accomplish all of these and also leave the sale price, but I just find this easier and preferable for me. I am not sure why this would annoy anyone.

I am annoyed by the unwritten rule that no one can comment on on a seller's cards/prices. IMO there is a nefarious/dishonest intent behind this, but I abide by it.

[raulus]

Originally Posted by Oscar_Stanage

I am annoyed by the unwritten rule that no one can comment on on a seller's cards/prices. IMO there is a nefarious/dishonest intent behind this, but I abide by it.

I could have sworn this was a written rule somewhere…

[gabrinus]

As I said years ago if you want to know more prices, buy more cards...Jerry

[bobbvc]

Originally Posted by gabrinus

As I said years ago if you want to know more prices, buy more cards...Jerry

Yes- This

[Casey2296]

Originally Posted by Oscar_Stanage

I am annoyed by the unwritten rule that no one can comment on on a seller's cards/prices. IMO there is a nefarious/dishonest intent behind this, but I abide by it.

Im curious what the dishonest intent is here?

[Centauri]

I hate when sellers do that. I sell, inevitably it sells for a different number than my list price, and I don’t go out of my way to revise the number. But I don’t delete the original list.

[JollyElm]

Originally Posted by Oscar_Stanage

I am annoyed by the unwritten rule that no one can comment on on a seller's cards/prices. IMO there is a nefarious/dishonest intent behind this, but I abide by it.

It was discussed here (the word "discussed" being used very loosely)...
https://www.net54baseball.com/showth...t=interference

[Yoda]

I realize that it is a totally different marketplace but long ago AH's would not show realized prices after their auctions closed. Now we get all sold card prices days following the close of the auction. Still amazed at some of the prices fetched for 2nd and 3rd tier vintage HOF'ers. It is hard to adjust to the new price structure.

[midmo]

Originally Posted by Oscar_Stanage

1) it makes it clear the card is sold. I have left prices up (and note sold in the message) and continue to get messages on cards.

I do it for this reason alone. I've never overthought it beyond that. If I sell something on craigslist I delete the ad. Does that frustrate people too?

I do think it's annoying that people bump BST threads for no reason other than "nice card, glws" but whatever. Not a big deal.

[Peter_Spaeth]

Originally Posted by midmo

I do it for this reason alone. I've never overthought it beyond that. If I sell something on craigslist I delete the ad. Does that frustrate people too?

I do think it's annoying that people bump BST threads for no reason other than "nice card, glws" but whatever. Not a big deal.

Or, wow just wow.
Or, wish I had the money.

[Leon]

Originally Posted by Oscar_Stanage

I will chime in here as this is something I do.. here is my rationale:

At first, I had no idea how to sell a card, so I just did it because everyone else does.

now I continue for the following reasons.
1) it makes it clear the card is sold. I have left prices up (and note sold in the message) and continue to get messages on cards.

2) It protects the buyer from others knowing who bought it. If someone sends a "PM sent" message and the card is sold shortly thereafter, it can be known who bought the card and at what price.

3) Sometimes I may take a lower price and do not want that to be the base case assumption for other cards in the listing

There are definitely ways to accomplish all of these and also leave the sale price, but I just find this easier and preferable for me. I am not sure why this would annoy anyone.

I am annoyed by the unwritten rule that no one can comment on on a seller's cards/prices. IMO there is a nefarious/dishonest intent behind this, but I abide by it.

No nefarious intent behind the rule against commenting in the BST areas. It's common courtesy. Comments can totally screw up a sale. However, benign or positive comments are welcomed. It's a "Net54" thing, I guess.

And btw, it is a written rule and has been one for at least 10 yrs, if not more. No one reads the rules under the RULES icon though.... smh

Cut and pasted from our rules section (always available)


Posts offering to buy, sell, or trade items should be made in the appropriate Buy/Sell/Trade index. This includes posts for items appearing in on-line auctions such as eBay, Grand Slam Bids and auction houses etc... Buy/Sell/Trade threads in the wrong categories, or forums, will be moved or deleted. There should be no interference by 3rd parties within the Buy/Sell/Trade areas. Third parties are those not involved in a transaction. This includes, but is not limited to, posting current or historical cost information, commenting negatively on the offer or item, or anything that interferes with the listing in a negative way. Only persons involved in the transaction should post in the thread, however benign or favorable comments are generally permitted by third parties. If you don't know the difference between them, then please don't post. One exception is to expose fraudulent activity. It may always be posted in any thread, anywhere on the board, but you better have your ducks in a row and your name by your post when you report these misdeeds. “Caveat Emptor- Buyer Beware” to all members. Each member uses the board at their own risk. Net54baseball does not monitor, and is not responsible for, transactions. Our sole recourse, in a punitive manner is suspension or banishment from the board. The Uniform Commercial Code of Law of the United States applies. We will work with authority’s when/if the need arises. Please request references from your trading partners when they are not well known or you don’t know them. Whenever someone resists giving a reference, upon request, please contact the moderator as that is, many times, a red flag.

Once any transaction is completed in the Buy/Sell/Trade areas, or over with, that transaction shouldn’t be deleted. Specific pricing, or confidential information may be removed but the other information should stay. Items should be consolidated in the BST area, into one thread, when appropriate. In other words don’t list more than a few similar items in single threads, in the same BST area, at once. IF you do this, they will most likely be deleted and asked to be posted again in a consolidated fashion. You should not bump a BST thread to the top very often (every 3-4 days at most) as it is discourteous to other posters.



.
.

[Oscar_Stanage]

Originally Posted by Leon

No nefarious intent behind the rule against commenting in the BST areas. It's common courtesy. Comments can totally screw up a sale. However, benign or positive comments are welcomed. It's a "Net54" thing, I guess.

And btw, it is a written rule and has been one for at least 10 yrs, if not more. No one reads the rules under the RULES icon though.... smh

.

to clarify my original comment.... I was not necessarily referring to B/S/T here, but rather the general 'unwritten' rule not to comment on a sale. this happens all the time on FB where sellers police and complain in the comments section.

A seller should have no issue defending their price publicly from trolls or general comments. They do not want to because profit is made primarily by selling to uninformed buyers. two regular examples I see are:

1) old slabs with cards clearly overgraded in today's market listed at prevailing market. of course, a seller does not want sunlight to shine in on this as it might lead a prospect to investigate grading.

2) raw cards with back paper loss listed as "EX". why is it problematic for someone to say "any paper loss by definition cant be EX"?

I overpaid for cards for both of these reasons in the past, simply because I was a noob. I don't understand why it is an issue to call people out for BS.

Anytime I have had comments on a sale, I basically responded with "my card is $50 because of X/Y/X." I don't see the big deal.