MySlabs

[gunboat82]

Originally Posted by sbfinley

It suffers from issues most eBay competitors deal with. Sellers fear fewer eyes equals fewer dollars and they price their goods to reflect that fear. I can’t remember who, but someone here opened a eBay competitor 10-12 years ago and it was a great site, but it quickly became a BIN museum as sellers feared no reserve auctions rightly or not.

I listed some stuff in a MySlabs auction a couple weeks back. MySlabs COO Matt Greaney said "We fully recommend reserves on key/high end items for the time being."

It's likely that the final bids were depressed by the existence of a reserve (I avoid no-reserve auctions myself), but the final bids didn't even come within shouting distance of what I eventually sold most of the items for on Facebook or eBay. I'd estimate that the closest was a Tom Brady that ended around $7500; it sold on Facebook for $10K. Most of the bids ended around 50 to 60% of the eventual sale price. I'll never know what might have happened with no reserve, but I suspect it would have been a bloodbath.

[Bigdaddy]

Originally Posted by gunboat82

....I suspect it would have been a bloodbath.

Not for the buyers.

But I do get your point.