REA Marketplace - Selling on the platform

[parkplace33]

I am amazed at the amount of stuff that is coming to REA Marketplace. Just some amazing stuff. A 1959 Gibson SGC 9.5 just came out, along with some other wow pre war cards.

I have seen a few posts about people buying off REA marketplace, but has anyone consigned for the marketplace? Are the fees the same as consigning for auction? Do you have to send the card before they list?

[raulus]

They have a special this year. Selling fees are 5%, which is a total bargain. I have about 20 pieces that I’ve consigned. So far, 3 have sold, including one that just sold yesterday.

You do need to ship the pieces to them before they list, no different than if you’re putting them up for auction.

[Johnny630]

I think this is super smart for the right piece, both as consigner and AH. The big guys with lot's of cake always look at REA and Heritage...always. Many times they will pay any number for the right card they want in their private collection.

This is the perfect place for the consigner to put a ridiculous number on their card. They can make peace with the feeling it hit my number I'm good with parting or it didn't and it's back in their deep six collection forever.

[parkplace33]

Originally Posted by raulus

They have a special this year. Selling fees are 5%, which is a total bargain. I have about 20 pieces that I’ve consigned. So far, 3 have sold, including one that just sold yesterday.

You do need to ship the pieces to them before they list, no different than if you’re putting them up for auction.

Thanks. Is there a fee to list? Or only if you sell?

Does the offer price go to you direct or to REA and then to you?

[raulus]

Originally Posted by parkplace33

Thanks. Is there a fee to list? Or only if you sell?

Does the offer price go to you direct or to REA and then to you?

No fee to list. Only the 5% when you sell.

You do need to ship it to them, so it's not entirely free to the seller to list, because shipping isn't zero.

You do set your own asking price, although they reserve the right to reject unreasonable asking prices. When offers come in, you will get an email to alert from REA, and then you can go in to the REA system and reject, accept, or counter.

[puckpaul]

Originally Posted by Johnny630

I think this is super smart for the right piece, both as consigner and AH. The big guys with lot's of cake always look at REA and Heritage...always. Many times they will pay any number for the right card they want in their private collection.

This is the perfect place for the consigner to put a ridiculous number on their card. They can make peace with the feeling it hit my number I'm good with parting or it didn't and it's back in their deep six collection forever.

Nice attitude.

There sure are some ridiculous numbers on cards there, and they will….sit there. As a possible “big guy with cake”, i am not falling for that.

[raulus]

Originally Posted by puckpaul

Nice attitude.

There sure are some ridiculous numbers on cards there, and they will….sit there. As a possible “big guy with cake”, i am not falling for that.

I think the paranoia has always been that it will turn out to be another eBay museum. Some think we're there now, and others disagree.

Stuff is definitely moving, although it's probably concentrated towards the bottom end of the scale.

Personally, my sales have been in the $1k to $4k range, per item.

Most of my stuff had been sitting on eBay for a long time, so I figured it was worth a shot to see if the new platform might make a difference. Would they have sold if I had left them on eBay? I guess we'll never know. But many of them were up on eBay for a long time, so it seems unlikely that they were going to move if I kept them there.

I do think that when it comes to buying a big card in the $10k+ range, people probably feel better picking it up from a counterparty that they trust, rather than some rando like me on ebay. And you might even argue that the cutoff is closer to $5k or maybe even $1k.

[ajjohnsonsoxfan]

Bought a couple 1914 CJ on REA Marketplace. Went back and forth with seller a couple times negotiating final price. Was painless and simple. Cards arrived quick. Highly recommend buying or selling on there.

[raulus]

Originally Posted by puckpaul

As a possible “big guy with cake”, i am not falling for that.

How do you know if you qualify as a big guy with cake?

Do your cake consumption habits make you a big guy with cake?

[sagard]

I sent in a group of seven cards. Six T200 SGC graded cards and a popular early sixties high grade PSA graded Topps RC. They don't provide a lot of pricing guidance and you have the ability to edit your prices at any time.

I chose to price around VCP recent maximums. So far three of the T200s have sold and they reached out and took the Topps RC to the National where it sold.

The sales were strong at the top of VCP. The Topps RC was the third highest of around 15 sold in 2025, two of the three Fatimas would bump the VCP max up had they collected the data and the third was 3% under VCP max losing out to a MUCH nicer card.

The 5% commission is nice and so is the fact that they email you a check for you to print. There is a little bit of a lag maybe a week to 10 days between the sale and the time they send you the money but their portal is pretty clear on whether the item is paid or unpaid.

But despite my sales I still got my ass kicked in their auction and came away with zilch.

You can typically get some large Ebay consignment shops to do 5% on high value cards, but REA is 5% for 2025 submissions.

I would give them my highest recommendation at this point.

[puckpaul]

Originally Posted by raulus

I think the paranoia has always been that it will turn out to be another eBay museum. Some think we're there now, and others disagree.

Stuff is definitely moving, although it's probably concentrated towards the bottom end of the scale.

Personally, my sales have been in the $1k to $4k range, per item.

Most of my stuff had been sitting on eBay for a long time, so I figured it was worth a shot to see if the new platform might make a difference. Would they have sold if I had left them on eBay? I guess we'll never know. But many of them were up on eBay for a long time, so it seems unlikely that they were going to move if I kept them there.

I do think that when it comes to buying a big card in the $10k+ range, people probably feel better picking it up from a counterparty that they trust, rather than some rando like me on ebay. And you might even argue that the cutoff is closer to $5k or maybe even $1k.

Oh, i think it has great utility. I just dont think it’s a place to try to ripoff well-healed collectors. But whatever….