REA Adds A Third Auction and More Pre-National Announcements!

[Peter_Spaeth]

I would be interested to see if many deals actually happen this way. My suspicion is that people are either actively looking to sell or are not interested in selling, and that there will be a very high futility ratio and a ton of lowball offers that take people's time, but hope I'm wrong.

[Piratedogcardshows]

Thats great news for REA and for us collectors as well. Looking forward to stopping by the booth.

[Peter_Spaeth]

The free shipping was such a hit PR-wise, I am kind of surprised to see it go. Not that the new fees don't sound perfectly reasonable, it was just one of those things that seemed to thrill people and generate a lot of goodwill.

[Bicem]

Originally Posted by Peter_Spaeth

I would be interested to see if many deals actually happen this way. My suspicion is that people are either actively looking to sell or are not interested in selling, and that there will be a very high futility ratio and a ton of lowball offers that take people's time, but hope I'm wrong.

Guessing a small percentage based on Heritage's rejected rate which you can view on their site, but worth a shot!

Congrats Brian! Exciting stuff!

[conor912]

Originally Posted by Peter_Spaeth

I would be interested to see if many deals actually happen this way. My suspicion is that people are either actively looking to sell or are not interested in selling, and that there will be a very high futility ratio and a ton of lowball offers that take people's time, but hope I'm wrong.

I would think it would be easy enough to add a feature to the program that only allows someone to offer what the item sold for at the auction (plus juice, shipping, etc) or higher. I'm guessing the only people willing to take less than they paid for something would already be activly trying to sell it and defeat the purpose entirely.