A Message From REA

tlwise12 · #1 10-31-2018, 08:41 PM

I consigned four items to this auction and all greatly underperformed prior sales. I understand the risks of putting items to auction. However, when all of a consignors items fall well short of prior sales it makes one wonder how much of an issue these glitches were.

I understand REA is waiving the shipping fees, but what about the people who consigned and did not win anything? We are just out money with no solution for us. In my instance, I am a low level collector who values his items and the money given/earned for or from them.

Every dollar is important to me and I'm sure it is to some others. That is why I chose REA to handle my items. I have consigned with them in the past and my items have always done well. Most items they run tend to come very close to prior selling prices or exceed those prices. This time it seems many did not. Did it have anything to do with internet glitches? Maybe, but there's no way to know completely how it would have turned out otherwise.

I just hope they come up with a solution for consignors such as myself to go along with the solution of free shipping.

Travis

Blunder19 · #2 11-01-2018, 10:49 AM

I would agree my items also sold for well below what I expected... one was less then half.... Seems like the free shipping is a buyer remedy ... but is there anything being offered to Consignors?

Sean · #3 11-01-2018, 11:10 AM

Jaime, which were your lots?

slidekellyslide · #4 11-01-2018, 11:38 AM

I would worry about putting an item in an auction with nearly 3,000 lots. I always find it amusing when you have a large auction with 5 different 1952 Topps Mantle cards, or 3 Green T206 Cobbs, etc...I think I can remember an auction that had 3 T206 Planks in it.

x2drich2000 · #5 11-01-2018, 11:57 AM

For any consignors, what do you think would be an appropriate compensation and, more importantly, how did you come up with what that compensation should be? I get that the issues may have impacted the final price on some lots, but I just don't see how you can ask to be compensated for a lot when you have no idea what the lot would have done if everything went smoothly. In every auction there are some lots that are going to do better than expected and some lots that are going to do worse than expected. That's just the nature of auctions.

As a bidder, I'm happy to receive the free shipping, but just consider it a bonus especially since I was expecting shipping to be free as it had been for the last couple auctions. I don't recall seeing any notice that they were changing the shipping structure and I missed the fact they changed the T&C to start charging shipping beginning with this auction.

DJ

calvindog · #6 11-01-2018, 12:08 PM

Again, I suspect giving 5% of the BP back to the consigner may have worked.

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