Posted By:
warshawlawI try to make money on everything I sell or at least get something in trade that I'd rather own. One of the benefits of the BST is its lack of transaction costs. I am more likely to discount on an item posted here because it costs me nothing to list or sell it than I would be via ebay. Remember, that 25%-35% you spend at an auction house is money that the consignor never sees.
I am not sure if anyone has referenced this yet, but with the BST I am usually selling something here to someone I know and who is known to the rest of us, which makes it easier from both a trust perspective and a transaction perspective. If someone were to cheat or lie or steal on a transaction here, there are potential real world consequences to it should I decide to make the controversy public. The best ebay can do is a "ding" on their feedback record.