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Post by seymourbarf on Mar 24, 2019 10:22:34 GMT -5
What are your thoughts on how best offers should function for auction listings? With buy-it-now listings, it is expected that best offers would be for a lower price. But for auction listings, I see the opening bid price as a minimum, and expect that any best offers would be higher.
If I were willing to take less than the opening bid price on an auction, I would have listed at a lower price to begin with. The best offer option for an auction is a way for a buyer to come in at a higher price in order to end the listing early, not a way for a buyer to low ball me.
And I know I can fiddle with the listing settings to automatically decline lower offers. I'm not looking for pointers, just looking to see how people think about this on a philosophical level.
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Post by G.I. JASON on Mar 24, 2019 12:36:51 GMT -5
I guess I don't fully understand what you're asking. It varies on what their opening price is.... For example of it starts at ten dollars for say a 100 item I can see the point of taking an offer before it starts... But if that same auction were to have opening bid at 120 obo then they are wasting their time.
auctions should start at the bare minimum you'd take for the item(and to me it should be a low price)then let it fly from there...but that'll bite you in the ARSE many many times.
I personally list as buy it now only with obo so I can feel out offers if people are interested in the item.
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Post by seymourbarf on Mar 24, 2019 13:28:18 GMT -5
I guess I don't fully understand what you're asking. It varies on what their opening price is.... For example of it starts at ten dollars for say a 100 item I can see the point of taking an offer before it starts... But if that same auction were to have opening bid at 120 obo then they are wasting their time. auctions should start at the bare minimum you'd take for the item(and to me it should be a low price)then let it fly from there...but that'll bite you in the ARSE many many times. I personally list as buy it now only with obo so I can feel out offers if people are interested in the item. I think we're talking about two different things. It seems like you are talking about how much the opening bid price should be (whether the seller should list at a low starting price, whether the seller has listed at a reasonable starting price, etc.). What I am saying is, regardless of how high or low I have set the opening bid price, and regardless of whether the buyer thinks that price is reasonable, if the buyer is going to make a best offer, it had better be higher than or at least equal to my opening bid price. If I as the seller list an auction with an opening price of $100, I will entertain best offers that are higher than $100. Maybe I will accept an offer of $115, rather than taking the chance of letting the auction end naturally at a lower price (or ending with no bids at all). But what I won't do as a seller is entertain an offer of $50 or $75 for that same item. I set the opening bid price to $100 for a reason - because that is the minimum amount of money I am willing to accept. Why would I undercut myself and end an auction early to accept a lower price? It makes no sense. I don't care if a buyer thinks my starting price is too high. What is he trying to do, prove a point by sending a lower offer? All he is accomplishing is offending me. And if my $100 auction ends without a bid, at that point I would decide whether or not to relist at a lower price. But I'm not going to accept a lower price before then.
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Post by G.I. JASON on Mar 24, 2019 13:38:53 GMT -5
I see your side and thinking, but a buyer would just toss a bid at that point to get it cheaper(start bid) other than offering higher than your opening bid(depending all on start price of course)
Everything is relative to many diff things though like what type item it is, current market, and when it's being sold
Just my two cents. But when I'm selling I'm lazy and just list it buy it now OBO
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Post by seymourbarf on Mar 24, 2019 14:54:08 GMT -5
A buyer tossing out a lower bid is what happened to me today, which is why I started thinking on this topic. At least for GPK collectibles, I don't think that's appropriate. I think it's only going to upset the seller (whether or not that's a reasonable reaction from the seller is a separate issue). But I could be wrong, which is why I wanted to see what others thought.
Like, if you list an orange Megan cheap toy at auction at a $25 starting bid, and a buyer sends you a best offer of $10, is that cool with you? Or would you chafe at that? That would annoy me. The opening price of an auction is the minimum price.
But yeah, I usually list buy-it-nows. But I'm trying to jump start some sales. I feel like more people see things when they are listed at auction. With a buy-it-now, unless the buyer specifically goes searching for the item, or happened to see it when it was just listed, they will never notice it. But I feel like people do check the auctions that are ending soon, just to see what's there.
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Post by ANSestren on Mar 24, 2019 16:09:31 GMT -5
Ha, I do that often and sometimes they accept.
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Post by seymourbarf on Mar 24, 2019 19:37:24 GMT -5
Ha, I do that often and sometimes they accept. You dastard! Ha ha. But have you ever accepted such an offer as a seller?
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Post by G.I. JASON on Mar 24, 2019 20:36:55 GMT -5
Ha, I do that often and sometimes they accept. You dastard! Ha ha. But have you ever accepted such an offer as a seller? I never have... But I never list auction style either...... EVER. I'm glad sest is back around here
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Post by TheWatcher on Mar 24, 2019 23:04:57 GMT -5
I always thought Best Offers at least with a Buy-It-Now were to send a price lower than the asking BIN price. I'm not sure if I have ever participated in an auction listing with just a Best Offer. I just throw an offer lower then the Buy-It-Now and if they accept, great! If not no biggie. I never saw an offer that I made as offensive and if I did, I probably wouldn't deal with that seller if they are that sensitive. Granted I only ever make offers of about $5 or less than the asking price. Just recently Clint cut me a good deal on a card I wanted, but I had told him if he wanted more then my offer to counter. As a fair buyer there is no way to know a sellers thoughts. I have been lowballed before myself and I counter offer or just say no thanks! I never get offended.
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Post by seymourbarf on Mar 25, 2019 7:43:35 GMT -5
I always thought Best Offers at least with a Buy-It-Now were to send a price lower than the asking BIN price. I'm not sure if I have ever participated in an auction listing with just a Best Offer. I just throw an offer lower then the Buy-It-Now and if they accept, great! If not no biggie. I never saw an offer that I made as offensive and if I did, I probably wouldn't deal with that seller if they are that sensitive. Granted I only ever make offers of about $5 or less than the asking price. Just recently Clint cut me a good deal on a card I wanted, but I had told him if he wanted more then my offer to counter. As a fair buyer there is no way to know a sellers thoughts. I have been lowballed before myself and I counter offer or just say no thanks! I never get offended. That's absolutely how best offers on buy-it-nows are supposed to function. Sellers shouldn't be offended by lower "best offers" on their buy-it-nows. But I feel differently on how best offers on auctions are supposed to function. I guess the "best offer" feature on auctions is new? Because no one here seems to be familiar with it, and honestly I can't remember noticing it until recently. Maybe since it is new, people haven't given it much thought and just assume it should function the same way for auctions as it does for buy-it-nows (that it is a place to make lower offers).
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Post by ampm on Mar 25, 2019 21:46:46 GMT -5
Hmm. You wouldn't happen to be selling ANS series 2 on Ebay right now by chance. This scenario describes what I offered to someone a day or two ago. I would like to add my 2 cents. I have made hundreds of GPK purchases off Ebay and I have never sold anything. As for the Best offer with an auction, this options has been available for at least a couple years now. As for your displeasure of getting low offers, you have the option to counter offer, decline offer, or accept. Many people do accept a lower offer. You can always send a message to potential buyer explaining your desire for more money. I understand it may be annoying for someone to offer less than you were expecting; however, there could be legitimate reasons for said low offer. For instance, I made a low offer on the previously mentioned auction because I only needed 2 cards out of the entire 200 plus cards being offered. I wanted to know if the person was in a hurry to unload. If the seller had counter offered, we may have been able to come to an agreeable price. But the seller simply declined offer. Ok, now I know. I chose to place a bid instead of offering a second bid simply to prevent someone else from best offer choice. Once a bid is placed, the best offer choice goes away for auctions. Now, we will have to wait and see if anyone else is interested in this item. Many people (sellers) will accept a lower price because they really don't want to wait for the auction to end. A couple things to remember when buying and selling on Ebay. Ebay is a place to barter and sell items. Just because you want X amount for item doesn't mean buyer wants to pay you that much. Never forget the most important aspect when it comes to value of an item. Something/anything only has a value of what someone is willing to pay you for it. I don't care if you think something is worth $300, if no one will pay you that much, then it is not worth $300. If I am offering $80 for it and no one else is interested in item, then you have the choice of accepting my offer or not making a sale today. It is nothing personal, just business. Try not to get annoyed by it, there is a hell of a lot of things in the world to be angry or upset by, a lower than expected offer is not a big deal.
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Post by seymourbarf on Mar 26, 2019 7:43:35 GMT -5
Hmm. You wouldn't happen to be selling ANS series 2 on Ebay right now by chance. This scenario describes what I offered to someone a day or two ago. I would like to add my 2 cents. I have made hundreds of GPK purchases off Ebay and I have never sold anything. As for the Best offer with an auction, this options has been available for at least a couple years now. As for your displeasure of getting low offers, you have the option to counter offer, decline offer, or accept. Many people do accept a lower offer. You can always send a message to potential buyer explaining your desire for more money. I understand it may be annoying for someone to offer less than you were expecting; however, there could be legitimate reasons for said low offer. For instance, I made a low offer on the previously mentioned auction because I only needed 2 cards out of the entire 200 plus cards being offered. I wanted to know if the person was in a hurry to unload. If the seller had counter offered, we may have been able to come to an agreeable price. But the seller simply declined offer. Ok, now I know. I chose to place a bid instead of offering a second bid simply to prevent someone else from best offer choice. Once a bid is placed, the best offer choice goes away for auctions. Now, we will have to wait and see if anyone else is interested in this item. Many people (sellers) will accept a lower price because they really don't want to wait for the auction to end. A couple things to remember when buying and selling on Ebay. Ebay is a place to barter and sell items. Just because you want X amount for item doesn't mean buyer wants to pay you that much. Never forget the most important aspect when it comes to value of an item. Something/anything only has a value of what someone is willing to pay you for it. I don't care if you think something is worth $300, if no one will pay you that much, then it is not worth $300. If I am offering $80 for it and no one else is interested in item, then you have the choice of accepting my offer or not making a sale today. It is nothing personal, just business. Try not to get annoyed by it, there is a hell of a lot of things in the world to be angry or upset by, a lower than expected offer is not a big deal. No, the ANS lot wasn't mine. As for getting annoyed, I appreciate the sentiment, but it's a normal, human emotion. We're talking about a minor annoyance in the moment. It's not like I'm punching holes in my walls or anything like that! The worst I might do is smear an oath in my own blood on the bathroom mirror. So I don't see a problem with raging against the pricks, dicks, asshats, asswipes, sons of bitches, jerks, dumbasses, and slimey little trolls on eBay, may they all BURN IN HELL FOREVER AND EVER.
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Post by ADAM Bomb on Mar 26, 2019 8:55:22 GMT -5
Hmm. You wouldn't happen to be selling ANS series 2 on Ebay right now by chance. This scenario describes what I offered to someone a day or two ago. I would like to add my 2 cents. I have made hundreds of GPK purchases off Ebay and I have never sold anything. As for the Best offer with an auction, this options has been available for at least a couple years now. As for your displeasure of getting low offers, you have the option to counter offer, decline offer, or accept. Many people do accept a lower offer. You can always send a message to potential buyer explaining your desire for more money. I understand it may be annoying for someone to offer less than you were expecting; however, there could be legitimate reasons for said low offer. For instance, I made a low offer on the previously mentioned auction because I only needed 2 cards out of the entire 200 plus cards being offered. I wanted to know if the person was in a hurry to unload. If the seller had counter offered, we may have been able to come to an agreeable price. But the seller simply declined offer. Ok, now I know. I chose to place a bid instead of offering a second bid simply to prevent someone else from best offer choice. Once a bid is placed, the best offer choice goes away for auctions. Now, we will have to wait and see if anyone else is interested in this item. Many people (sellers) will accept a lower price because they really don't want to wait for the auction to end. A couple things to remember when buying and selling on Ebay. Ebay is a place to barter and sell items. Just because you want X amount for item doesn't mean buyer wants to pay you that much. Never forget the most important aspect when it comes to value of an item. Something/anything only has a value of what someone is willing to pay you for it. I don't care if you think something is worth $300, if no one will pay you that much, then it is not worth $300. If I am offering $80 for it and no one else is interested in item, then you have the choice of accepting my offer or not making a sale today. It is nothing personal, just business. Try not to get annoyed by it, there is a hell of a lot of things in the world to be angry or upset by, a lower than expected offer is not a big deal. I like this part " I don't care if you think something is worth $300, if no one will pay you that much, then it is not worth $300." Just made me remember: Also of note. Just because ONE person may buy something for $300 does not mean a 2nd, 3rd, etc. will for that same price. The sold prices are also not always the value of an item. The winner may have been a fanatic, buying on a whim, money burning too hot in their pocket, etc. To find a value of an item you should look at the other bidders. If there is a bidding war that also doesn't mean that the 2nd person would pay up to where they went in the war. I like looking at sold auctions and taking off the highest and lowest. Trying to look at the average sell price, the mean, using info in any price guides, forums, websites (if any) and then averaging all of that to find a more realistic value of what diff gpk items are worth.
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Post by seymourbarf on Mar 26, 2019 9:28:44 GMT -5
Hmm. You wouldn't happen to be selling ANS series 2 on Ebay right now by chance. This scenario describes what I offered to someone a day or two ago. I would like to add my 2 cents. I have made hundreds of GPK purchases off Ebay and I have never sold anything. As for the Best offer with an auction, this options has been available for at least a couple years now. As for your displeasure of getting low offers, you have the option to counter offer, decline offer, or accept. Many people do accept a lower offer. You can always send a message to potential buyer explaining your desire for more money. I understand it may be annoying for someone to offer less than you were expecting; however, there could be legitimate reasons for said low offer. For instance, I made a low offer on the previously mentioned auction because I only needed 2 cards out of the entire 200 plus cards being offered. I wanted to know if the person was in a hurry to unload. If the seller had counter offered, we may have been able to come to an agreeable price. But the seller simply declined offer. Ok, now I know. I chose to place a bid instead of offering a second bid simply to prevent someone else from best offer choice. Once a bid is placed, the best offer choice goes away for auctions. Now, we will have to wait and see if anyone else is interested in this item. Many people (sellers) will accept a lower price because they really don't want to wait for the auction to end. A couple things to remember when buying and selling on Ebay. Ebay is a place to barter and sell items. Just because you want X amount for item doesn't mean buyer wants to pay you that much. Never forget the most important aspect when it comes to value of an item. Something/anything only has a value of what someone is willing to pay you for it. I don't care if you think something is worth $300, if no one will pay you that much, then it is not worth $300. If I am offering $80 for it and no one else is interested in item, then you have the choice of accepting my offer or not making a sale today. It is nothing personal, just business. Try not to get annoyed by it, there is a hell of a lot of things in the world to be angry or upset by, a lower than expected offer is not a big deal. I like this part " I don't care if you think something is worth $300, if no one will pay you that much, then it is not worth $300." Just made me remember: Also of note. Just because ONE person may buy something for $300 does not mean a 2nd, 3rd, etc. will for that same price. The sold prices are also not always the value of an item. The winner may have been a fanatic, buying on a whim, money burning too hot in their pocket, etc. To find a value of an item you should look at the other bidders. If there is a bidding war that also doesn't mean that the 2nd person would pay up to where they went in the war. I like looking at sold auctions and taking off the highest and lowest. Trying to look at the average sell price, the mean, using info in any price guides, forums, websites (if any) and then averaging all of that to find a more realistic value of what diff gpk items are worth. I would like to add, as a seller, I don't care if the buyer doesn't think my item is worth the opening bid price. I think it's worth that much, and that's why I listed it for that much. If you send me an offer that is lower than the minimum bid, it isn't going to change my mind about the value of my item - it's going to make me think you are low-balling me. And this has nothing to do with whether I am right or wrong. Maybe my item isn't worth anywhere near the opening bid price. But I don't know that. So you are at the whim of my subjective pricing. Maybe one day, after my item hasn't sold for weeks or months, I might get the clue and lower the opening bid price. But until that happens, you are playing with fire by sending me a lower offer.
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Post by ANSestren on Mar 26, 2019 18:45:47 GMT -5
You dastard! Ha ha. But have you ever accepted such an offer as a seller? I never have... But I never list auction style either...... EVER. I'm glad sest is back around here I never left... I mostly lurk.
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Post by G.I. JASON on Mar 26, 2019 21:08:28 GMT -5
I never have... But I never list auction style either...... EVER. I'm glad sest is back around here I never left... I mostly lurk. Lurking is what I do. How about I lurk and you can loiter?
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Post by Cory on Mar 26, 2019 23:45:39 GMT -5
What are your thoughts on how best offers should function for auction listings? With buy-it-now listings, it is expected that best offers would be for a lower price. But for auction listings, I see the opening bid price as a minimum, and expect that any best offers would be higher. If I were willing to take less than the opening bid price on an auction, I would have listed at a lower price to begin with. The best offer option for an auction is a way for a buyer to come in at a higher price in order to end the listing early, not a way for a buyer to low ball me. And I know I can fiddle with the listing settings to automatically decline lower offers. I'm not looking for pointers, just looking to see how people think about this on a philosophical level. I always offer lower than the starting price. I fail a lot
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Post by seymourbarf on Mar 27, 2019 8:28:50 GMT -5
What are your thoughts on how best offers should function for auction listings? With buy-it-now listings, it is expected that best offers would be for a lower price. But for auction listings, I see the opening bid price as a minimum, and expect that any best offers would be higher. If I were willing to take less than the opening bid price on an auction, I would have listed at a lower price to begin with. The best offer option for an auction is a way for a buyer to come in at a higher price in order to end the listing early, not a way for a buyer to low ball me. And I know I can fiddle with the listing settings to automatically decline lower offers. I'm not looking for pointers, just looking to see how people think about this on a philosophical level. I always offer lower than the starting price. I fail a lot SHAME!
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Post by LuCypher on Mar 27, 2019 10:20:41 GMT -5
Sometimes I’ll list an item on eBay with best offer option that’s priced about $30 above what I’m willing to accept for it, and then the buyer just buys it now without even making an offer. Thanks bro! If there’s a best offer option I’m making an offer unless I know it’s a very rare item that I know will get snatched up at any second. I guess some people have no patience, or ignore the offer option altogether.
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