Ebay best offers?

buymycards · #1 10-15-2020, 08:00 AM

Quote:

Originally Posted by ThomasL

My pet peeve as a possible buyer is...if I know you bought something at auction for 800-1000 out the door...and I offer you 1200-1400 for it on ebay best offer and the response is "1500 is the best I can do"...Im out and good luck.

Don't forget - eBay will take $150 out of your $1200 offer, and eBay will take $187 if the seller sells it for $1500. That 12.5% adds up quickly on high dollar items.

And - The IRS, the State Dept of Revenue, and Medicare and Social Security will take their share - maybe 30 to 40% out of any profit that is made.

ALR-bishop · #2 10-15-2020, 08:04 AM

I just do not get sellers who have something I want and will not sell it to me at a price I am willing to pay

Case12 · #3 10-15-2020, 09:24 AM

It's not so much 'will they take what I am willing to pay', but that the ebay system is making it more difficult to buy 'best offer' without communicating with seller on the side - with COMC, etc, this is fruitless. (Communicating with some sellers is awesome. I recently bought a Connie Mack auto on a '54 program. eBay was handling it bad, so I called the seller. We agreed to a price, he took it off eBay and we settled privately. In this case it was worth it because he got it as a 10 yr old boy in person...with provenance). I purchase enough stuff that I don't want to do this for every item. (BTW, I got his story which was to me as valuable as the item. He saved eBay fees and I saved taxes...win/win...for a higher dollar item). But most items are not worth that time.

Eric72 · #4 10-15-2020, 06:53 PM

Quote:

Originally Posted by buymycards

Don't forget - eBay will take $150 out of your $1200 offer, and eBay will take $187 if the seller sells it for $1500. That 12.5% adds up quickly on high dollar items.

And - The IRS, the State Dept of Revenue, and Medicare and Social Security will take their share - maybe 30 to 40% out of any profit that is made.

Thank you for saying this. Sometimes it has felt like I was the only one factoring in those taxes (over 30% in my case) when computing how much money will actually be made on the sale of a card.

ThomasL · #5 10-15-2020, 11:05 PM

Quote:

Originally Posted by buymycards

Don't forget - eBay will take $150 out of your $1200 offer, and eBay will take $187 if the seller sells it for $1500. That 12.5% adds up quickly on high dollar items.

And - The IRS, the State Dept of Revenue, and Medicare and Social Security will take their share - maybe 30 to 40% out of any profit that is made.

This is true and I get the seller fees part, but the buyer now has to pay extra now on ebay where they didnt in the past (plus shipping is usually priced up) so that's almost a wash in my book basically (I just won a card for $650 on ebay, which same card sold for $550 a few months ago on ebay, and it cost me $713 for example...that % also jumps up and adds up for the buyer as well now). But if the seller is taking all that other, IRS etc, into account why even bother bc the markup will price them out of the true market value and it would never sell if they try to factor all that in? But ya I would say ebay is harder on the seller now than the buyer but it isnt exactly buyer friendly either now I guess is my point

I buy and sell both on ebay and I get it I really do...but to another person's point I am also very aware of what market values are: If the market value for something is 800-1000 and they bought it at auction last week for 850 after premiums and they are listing on ebay for $2000 and "cant do better than $1500"...sorry but I guess Im stubborn on my thoughts about how silly that seems...

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