eBay 2022 - Less auctions, more high buy it nows

[rats60]

Vintage is on fire. Auction House prices are high. Card Show prices are high. BST prices are high. Why shouldn't eBay sellers list their cards high? You can always lower the price if it doesn't sell. You can always accept best offers. I recently listed a card at a high price. Soon after, I received an offer at 50%. A couple hours later a buyer hit the buy it now. There is no need to leave money on the table because when you spend that money back on your collection, you aren't getting a bargain either.

[Zach Wheat]

Originally Posted by rats60

Vintage is on fire. Auction House prices are high. Card Show prices are high. BST prices are high. Why shouldn't eBay sellers list their cards high? You can always lower the price if it doesn't sell. You can always accept best offers. I recently listed a card at a high price. Soon after, I received an offer at 50%. A couple hours later a buyer hit the buy it now. There is no need to leave money on the table because when you spend that money back on your collection, you aren't getting a bargain either.

Those are good points. I am selling some excess cards; listed some through auction and some through BIN's. Auctions sold for 30% of the BIN price, but the BIN's were on the market for 4x+ as long. For me the selling time differential was not important.

[Jewish-collector]

I always would list BIN and just slowly lower the price until it sells. With auctions, what if someone is out of town, real life stuff, etc,... and misses the auction.

[Exhibitman]

I completely agree that on rare or esoteric items where there is no ready pricing history, sellers sticking to their guns is the best way to get a price that makes them happy. Whether it makes shoppers happy is irrelevant; that buyer who needs that rare card is the focus.

I understand that people who want to score bargains are getting frustrated with the lack of low minimum bid auctions, but selling is not an eleemosynary activity, it is a for-profit endeavor. I am switching over to doing BINS or auctions with openers at what I want to get on the card. No more "start it cheap and see where it goes" auctions, unless I am blowing out something for some reason and don't really care where it ends up. I think that is the only formula that really makes sense for a part-time seller, especially when prices are rising but also volatile.