why do sellers change asking price to sold after a sale?

Peter_Spaeth · #1 09-04-2023, 04:38 PM

Quote:

Originally Posted by Snapolit1

No, as seller I wouldn't care if buyer disclosed it. Not at all.

Then why are you deleting it?

swarmee · #2 09-04-2023, 04:50 PM

I just assume that it's people not wanting the IRS to see what transactions they should now be taxed on.

jayshum · #3 09-04-2023, 05:30 PM

Quote:

Originally Posted by swarmee

I just assume that it's people not wanting the IRS to see what transactions they should now be taxed on.

I don't think the IRS has the resources to be looking for online sales and to try to connect them to someone without a social security number being available with the transaction, unless Leon is going to start sending in 1099s for any card that sells for over $600.

Fred · #4 09-04-2023, 05:52 PM

Perhaps in some cases, the seller doesn't want to disclose the sale price because there are those the saw the "offer to sale" price and will be able to gauge how much a seller will negotiate the next time something is offered for sale.

I'm not afraid to send an offer to a seller. Worst case is that they say no or there's further negotiation. What's poor form is when people just completely low ball the seller, or (and I know I'm going to get an earful about this next comment) is when someone has a really nice sale price and someone buys it to flip it quick to make a few bucks. In my opinion, if someone has a nice price on it, let it go to another board member that can appreciate the card and hold on to it because they truly want it as part of their collection - ok, bring it on, let's hear the reasoning about capitalism and "if one person didn't do it, then someone else would do it".

bnorth · #5 09-04-2023, 06:15 PM

Quote:

Originally Posted by Fred

Perhaps in some cases, the seller doesn't want to disclose the sale price because there are those the saw the "offer to sale" price and will be able to gauge how much a seller will negotiate the next time something is offered for sale.

I'm not afraid to send an offer to a seller. Worst case is that they say no or there's further negotiation. What's poor form is when people just completely low ball the seller, or (and I know I'm going to get an earful about this next comment) is when someone has a really nice sale price and someone buys it to flip it quick to make a few bucks. In my opinion, if someone has a nice price on it, let it go to another board member that can appreciate the card and hold on to it because they truly want it as part of their collection - ok, bring it on, let's hear the reasoning about capitalism and "if one person didn't do it, then someone else would do it".

I have sold countless cards on here to see them reappear back on here for sale. One buyer on here has resold easily 90% of the cards he has bought from me on here. Sometimes they get relisted on here fairly quickly and sometimes he holds them before reselling them on here.

The 2 biggest cards I bought on this forum was resold to 2 different members and then later put back up for sale on here again. As members we pass around a lot of cards amongst ourselves.

GasHouseGang · #6 09-06-2023, 03:01 PM

Quote:

Originally Posted by jayshum

I don't think the IRS has the resources to be looking for online sales and to try to connect them to someone without a social security number being available with the transaction, unless Leon is going to start sending in 1099s for any card that sells for over $600.

If they don't now, they might soon. They are supposed to be hiring 87,000 new IRS agents.

JustinD · #7 09-06-2023, 08:57 AM

Quote:

Originally Posted by swarmee

I just assume that it's people not wanting the IRS to see what transactions they should now be taxed on.

I always just assumed that was an occasional part of the reason also. Even if it does seem a tad paranoid to think that way, but a program to scrub the internet for random names attached transactional data would not be a hard flagging program to create if wanted.

In the couple times I have listed items, I always just edited to strikethrough text unless someone was to specifically ask me to remove- Like so: ~~$2000~~ SOLD. Seems a logical use as it's an option right there in the message functions.

icollectDCsports · #8 09-06-2023, 11:58 AM

Quote:

Originally Posted by JustinD

I always just assumed that was an occasional part of the reason also. Even if it does seem a tad paranoid to think that way, but a program to scrub the internet for random names attached transactional data would not be a hard flagging program to create if wanted.

In the couple times I have listed items, I always just edited to strikethrough text unless someone was to specifically ask me to remove- Like so: ~~$2000~~ SOLD. Seems a logical use as it's an option right there in the message functions.

Seems like a good way way to go.

JollyElm · #9 09-04-2023, 04:51 PM

I covered this topic just a bit in my 'Collectorisms' thread...

25. The War of the Discloses
The eternal, ongoing debate of whether or not the price of a card sold in the B/S/T section should be kept in the thread for posterity�s sake, or removed by the seller.

519. Fool�s Sold
Adding a new post to your own thread (that everyone is now forced to read) to declare that the card has been sold, instead of simply editing the title to reflect this fact.

915. Cost Suppressant (refer to #25)
The deliberate removal of the asking price of a card in a thread after it has been sold.

See also: Sticker Stifler - a seller who chooses to edit out the price of his card to make it now read something to the effect of �$SOLD.�

See also: Dollarsense - the argument that leaving the sales price in for everyone to see is beneficial to the entire collecting community.

See also: Stetsman - someone who abides by the principal of leaving his asking price in and unchanged following a sale.

Peter_Spaeth · #10 09-04-2023, 04:55 PM

Darren, 915 is brilliant.

JollyElm · #11 09-04-2023, 05:21 PM

Quote:

Originally Posted by Peter_Spaeth

Darren, 915 is brilliant.

I would say thank you...but the pessimistic implication would be that the other two just plain suck.

Peter_Spaeth · #12 09-04-2023, 05:29 PM

Quote:

Originally Posted by JollyElm

I would say thank you...but the pessimistic implication would be that the other two just plain suck.

Hahaha. Not at all, just the one stood out.

Casey2296 · #13 09-04-2023, 04:58 PM

I always replace the price with SOLD as well as in the title, no particular reason other than that's my preference. If you're that interested and want to know what the card sold for PM me, I'll tell you, which I have done many times for members.

WTF +1 on bumping in the reply section instead of the title when the card is sold.

Peter_Spaeth · #14 09-04-2023, 05:11 PM

Ryan, what type of comments would you want to make on B/S/T listings?

Snapolit1 · #15 09-04-2023, 06:05 PM

Quote:

Originally Posted by Peter_Spaeth

Then why are you deleting it?

Because I don't know if the buyer is cool with me disclosing it. I assume the ball is in his court.

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