BST Flippers

[Snapolit1]

Feels odd to sell something nice on BST at what is a very reasonable price to a fellow board member, only to see it at an AH very quickly for more than I sold it for.

Yeah, I realize, that's how it works. When you sell something to someone they can do what ever than want with it. Just seems like when I sell to a board member I'm selling at a good price to a fellow collector and assume they are collecting it and not flipping.

I know, get over it.

[Rhotchkiss]

How about the inverse- seeing cards on BST for 30%+ more than what the literal same card just sold for in major auction houses like REA, Heritage, etc., often days before

Peeves notwithstanding, The owner of the card can do as they wish with it

[ullmandds]

it goes both ways...and i've been there and yes...it's annoying.

almost as annoying as selling a rare card on the bst on the cheap because it came back from TPG'er as altered...only to see it turn up later in a super high grade holder for the issue selling for multiples of what i sold it for.

i've won way more than i've lost in this game...as I'm sure most of us have.

[Tao_Moko]

I've found deals happen with people I've known and dealt with here for a long time. Sort of a paid dues mentality. If we have a 15 year relationship then I'm going to discount and pretty much all other members have done the same for me.

[Peter_Spaeth]

Originally Posted by Snapolit1

Feels odd to sell something nice on BST at what is a very reasonable price to a fellow board member, only to see it at an AH very quickly for more than I sold it for.

Yeah, I realize, that's how it works. When you sell something to someone they can do what ever than want with it. Just seems like when I sell to a board member I'm selling at a good price to a fellow collector and assume they are collecting it and not flipping.

I know, get over it.

The fact is that many board members are dealers.

[Hxcmilkshake]

If you get your price it shouldn't matter what the buyer does with it.

Sent from my SM-G981U using Tapatalk

[Fred]

Originally Posted by Snapolit1

Feels odd to sell something nice on BST at what is a very reasonable price to a fellow board member, only to see it at an AH very quickly for more than I sold it for.

Yeah, I realize, that's how it works. When you sell something to someone they can do what ever than want with it. Just seems like when I sell to a board member I'm selling at a good price to a fellow collector and assume they are collecting it and not flipping.

I know, get over it.

If the item has been on the BST for a long time and nobody picked it up, then all good, take a chance (pick it up and try to resell it). However, if a board member puts something up on the BST at a fairly reasonable price, then, just my opinion, don't immediately purchase the item to put it up for sale again. Allow a board member to get it for their collection. If a lot of time passes and nobody has bought it, then it's fair game.

It would be nice to think that the members on this board are considerate of other board members as hobbyist first, and not a bunch of capitalistic butt heads that just want to make a dime off the hobby.

[glynparson]

Originally Posted by Fred

If the item has been on the BST for a long time and nobody picked it up, then all good, take a chance (pick it up and try to resell it). However, if a board member puts something up on the BST at a fairly reasonable price, then, just my opinion, don't immediately purchase the item to put it up for sale again. Allow a board member to get it for their collection. If a lot of time passes and nobody has bought it, then it's fair game.

It would be nice to think that the members on this board are considerate of other board members as hobbyist first, and not a bunch of capitalistic butt heads that just want to make a dime off the hobby.

Are you going to pay my bills why I wait for some arbitrary bs time frame to pass. When did collectors become so entitled? Don’t want to see your item up for resale so quick don’t ask a price that leaves meat on the bone.

[Fred]

Originally Posted by glynparson

Are you going to pay my bills why I wait for some arbitrary bs time frame to pass. When did collectors become so entitled? Don’t want to see your item up for resale so quick don’t ask a price that leaves meat on the bone.

Entitled - No. A collector/hobbyist - Yes. Do you believe waiting a week is going to solve someone's problems with paying bills? That's really insightful.

[rhettyeakley]

I don't get too annoyed by it, it is theirs to do with what they want.

I do get upset when someone gets you to sell something either cheaper or something you weren't really looking to sell because they had been "looking for the card forever" or it is their "dream card" to then see it a few days/weeks later for sale. That will tick me off.

[frankbmd]

This thread is basically the reason why I do not post the actual sold for price in my listing. I try to price high enough to not only satisfy myself, but also to discourage flippers. I am never selling out of need to sell, at least not yet.

But past experience with a buyer matters when it comes to discounts.

For me $NOT SOLD is okay, and so is $OLD.

For clarity here, I do not sell snot.

If nothing sells in a lot, I may offer a discount as a percentage reduction without changing the asking price.

I am not a fan of sequential price reductions to bump a BST listing that is initially listed well above market value.

I do not assume any responsibility for not following any of the rules or preferences above.

[SAllen2556]

Would it be considered rude or against the unwritten rules to state when selling, "No dealers please". Nothing personal, but people who buy a card and flip it for a quick profit kinda piss me off, and it would really piss me off if it was my card. And yes, I know it's wrong to feel that way, but all dealers do is help to jack up prices.

[Snapolit1]

Originally Posted by glynparson

Are you going to pay my bills why I wait for some arbitrary bs time frame to pass. When did collectors become so entitled? Don’t want to see your item up for resale so quick don’t ask a price that leaves meat on the bone.

Yeah, don't be a nice guy and do a solid for someone . . . . squeeze them for every penny you can get. Sure. Good logic.

[Peter_Spaeth]

Originally Posted by Snapolit1

Yeah, don't be a nice guy and do a solid for someone . . . . squeeze them for every penny you can get. Sure. Good logic.

One of my favorite expressions since I learned it from a friend who grew up in Jersey.

[Snapolit1]

Originally Posted by Peter_Spaeth

One of my favorite expressions since I learned it from a friend who grew up in Jersey.

Lol. Well didn't grow up in Jersey but residing there last 26 years.

A real NY/NJ expression I like is "not for nothin . . . "

"Not for nothin. . .but I could have sent it to the auction house myself."

[Carter08]

Originally Posted by Snapolit1

Yeah, don't be a nice guy and do a solid for someone . . . . squeeze them for every penny you can get. Sure. Good logic.

Ha agree. I’d hope n54 is to sort of look out for each other at least a little bit.

[jingram058]

Originally Posted by Snapolit1

Feels odd to sell something nice on BST at what is a very reasonable price to a fellow board member, only to see it at an AH very quickly for more than I sold it for.

Yeah, I realize, that's how it works. When you sell something to someone they can do what ever than want with it. Just seems like when I sell to a board member I'm selling at a good price to a fellow collector and assume they are collecting it and not flipping.

I know, get over it.

I have bought a few things from the net54 BST. Just check my signature below. In every case I feel like I was given a personal as well as a great deal. It's one of the things I love about this forum. Heck, I finished my '53 Bowman complete set here, and in near record time too other than just going out and buying a complete set. I didn't acquire any of my cards to sell, much less flip. Like you, I would find that annoying.

[mrreality68]

I do not sell unless I am either upgrading or if it is something that is something I no longer want for my collection.
So if I sell it then it means I got the price that I wanted.
And it is a price the buyer is happy to pay so it is a positive transaction for all.
Once it is his/hers they can do as they chose.
If I wanted more for the price or felt I had better options then I should have explored them.
Since I did not and got what I agreed to sell it for then no complaints

The only time I would be frustrated if I only sold it because the person I was communicating with said they needed it for their collection to complete a set or what they needed. If they then flipped I am a little annoyed because i gave it up under false pretense and i thought I was helping them out. But again I sold it so it is theirs

[egri]

I'm not a big seller, but my take on it is once the buyer pays for the item, it's theirs. That being said, if a buyer told me it was for their collection, only for them to flip it a month later, I would feel mislead, and it would impact my future dealings with that buyer.

[Lorewalker]

When I offer something for sale I expect it is going to a collector since I do not wholesale. If that price ends up being less than it is worth and the buyer turns out to be a flipper or a dealer, who cares. Had my chance.

Have had guys try to get me to lower y price by telling me they are collectors and the card is for their PC and never being sold and then asking if I can do better. Answer is usually, nah.

[cgjackson222]

I think there are a variety of reasons one might choose to sell.

E.g. sometimes, I buy things from auction houses and then realize I don't really need them. Since I fear that the market is going to take a dive some time during the next year, I offload the card sooner rather than later. I don't try to sell for much more than I purchased the card for, but I wouldn't necessarily fault someone for doing so.

Or maybe someone's financial situation has changed, and they need to sell. Given how much the market is fluctuating right now, its hard to say what a fair price even is. Obviously the market decides as something is just worth what someone else is willing to pay.

I would be a bit annoyed if I sold something for a reasonable price to someone on Net54, and they turned around and sold it for a sizeable profit, but I also wouldn't be shocked.

[x2drich2000]

Originally Posted by mrreality68

I do not sell unless I am either upgrading or if it is something that is something I no longer want for my collection.
So if I sell it then it means I got the price that I wanted.
And it is a price the buyer is happy to pay so it is a positive transaction for all.
Once it is his/hers they can do as they chose.
If I wanted more for the price or felt I had better options then I should have explored them.
Since I did not and got what I agreed to sell it for then no complaints

The only time I would be frustrated if I only sold it because the person I was communicating with said they needed it for their collection to complete a set or what they needed. If they then flipped I am a little annoyed because i gave it up under false pretense and i thought I was helping them out. But again I sold it so it is theirs

100% agree, plus I would add there are many hobbyist, including myself, who support their collection by flipping cards. There is absolutely nothing wrong with doing so and to think less of people being hobbyist because they flip cards IMO is just wrong.

[jefferyepayne]

Originally Posted by mrreality68

The only time I would be frustrated if I only sold it because the person I was communicating with said they needed it for their collection to complete a set or what they needed. If they then flipped I am a little annoyed because i gave it up under false pretense and i thought I was helping them out. But again I sold it so it is theirs

This. I don't sell things unless they are doubles as I'm more of a hoarder than a collector at this point, LOL. But when I do sell something, it's only to someone who has expressed interest in something I have that they need for their collection. A few times such a person has turned around and sold the item pretty quickly.

I agree that once I sell it, it is theirs. But that doesn't mean I have to ever sell to them again which I don't.

jeff

[mrreality68]

Originally Posted by jefferyepayne

This. I don't sell things unless they are doubles as I'm more of a hoarder than a collector at this point, LOL. But when I do sell something, it's only to someone who has expressed interest in something I have that they need for their collection. A few times such a person has turned around and sold the item pretty quickly.

I agree that once I sell it, it is theirs. But that doesn't mean I have to ever sell to them again which I don't.

jeff

+1 Jeff well said

[JollyElm]

271. Flipclipper
Stopping someone dead in his tracks who’s trying to sweet-talk you out of a card for next to nothing, because you know full well he’s only looking to grab it to immediately resell it at a big profit.

[Frankish]

People have brought up a lot of reasonable possibilities where one might sell a card or item they've recently bought. I know I've done it before if my collecting focus changed (which it has an annoying habit of doing) or if I had second thoughts about the purchase. Unless it was a sweetheart deal, I generally wouldn't bother the seller to ask for a return/refund but just take my lumps and resell it. Which brings up a point..

Originally Posted by Snapolit1

Feels odd to sell something nice on BST at what is a very reasonable price to a fellow board member, only to see it at an AH very quickly for more than I sold it for.

In a sense, I think selling at an auction house is the least annoying (to me, at least) way of dealing with it. The person might turn a profit or might end up losing out on the transaction, but they aren't really attaching a specific price to it. Seems like a very neutral way to dispose of it.

If I were one to be annoyed by these things, I think it would bother me much more to have someone buy it and then list it for 4x the price on ebay. That said, even that wouldn't bother me much. If I sell something, I try to forget about it entirely....

[parkplace33]

Originally Posted by Snapolit1

Feels odd to sell something nice on BST at what is a very reasonable price to a fellow board member, only to see it at an AH very quickly for more than I sold it for.

Yeah, I realize, that's how it works. When you sell something to someone they can do what ever than want with it. Just seems like when I sell to a board member I'm selling at a good price to a fellow collector and assume they are collecting it and not flipping.

I know, get over it.

How much more did it sell at the ah? Remember, they get a cut.