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#2
06-25-2009, 06:43 AM
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Quote:
 I don't believe there is a level that constitutes ridiculous; that's why ebay has the tools in place to manage offers. I think it works fairly well. For me it also depends on the item. A less common piece will usually have a higher threshold. For example, a George Burke photo vs. a Rollie Fingers rookie card. Remember, this is pretty much a free market with supply and demand establishing the pricing level. Use the tools, be polite, and transactions will transact. Just my .02 
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#3
06-25-2009, 07:31 AM
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Ridiculous offers don't have to do with what the BIN is. If by some price guide, be it VCP, SMR, Beckett, etc. the card is booked at X, as long as the offer is at least 50% of X I wouldn't call it ridiculous. You have to allow for the possibility that the buyer only has SMR in front of them and even though SMR may severly undervalue the card compared to past sales, the buyer may be making a reasonable offer using the info they have in front of them. Now, if you get a $200 offer on an SGC 40 CJ WoJo (I did last night
) then it would seem the buyer is just hoping you click "accept" by accident.
Last edited by Matt; 06-25-2009 at 07:32 AM.
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#4
06-25-2009, 09:09 AM
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Maybe It Is Semantics,........but
If a card is priced @ 250% of the avg. of the last three sales for the same card in the same grade, then a 40% offer may not be ridiculous to anyone but the seller. If the same card was priced @ 125% of such, then IMO a 40% offer would be ridiculous. In that instance I think it does have to do directly with how ridiculous the BIN price is. Having said all that, anyone is entitled to try to sell their goods for any price they want. IMO, if they want to "lead" the market very aggressively they should have some thick skin.
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#6
06-25-2009, 10:41 AM
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I have no problem with making an offer of 75-80% if I feel the BIN is a little high. The only problem is that, obviously, if you really want the card you worry someone will come in and BIN it before you hear back from the seller, but that's the chance you take.
Not suprisingly I have had good success on reasonable offers submitted to Net54 sellers.
Last edited by tbob; 06-25-2009 at 10:41 AM.
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#7
06-26-2009, 08:55 PM
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I've taken to using the BIN/Best Offer quite a bit when I sell... I try to respond to every offer I get although I think I have been remiss on occassion, especially on offers right before the item closes.
What I like most about the process is that: (1) I don't have to worry about selling something for a lot less than I want to and; (2) I can list an item for a month. Also eBay's percentage is lower than an auction .... As a buyer I've done pretty well when I do make offers -- at least in getting counter-offers.
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