Ever make and Offer on somethign that gets denied, then it sells for less than the offer?

[jake33]

Just curious if this has happened to others on here. This kind of plays on my perception that many sellers over price items on ebay. As of December 2014, I am seeing 3 items on ebay that I made offers on earlier in 2014 (at least 6 months prior) and all went for LESS (or still did not sell at all without a bids).

At the time of my offers, the sellers all acted shocked or insulted about my offers and they tried to inform me how blatantly wrong I was about the value of the item. I am not posting this to be like "haha told you so" but moreso that I have a hard time with a lot of sellers value on items and trying to mark up to mark down.

Does anyone have any stories of that happening to them?

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Honestly as a collector in game used, I RARELY even make my money back. Back in 2011 when I bought all those locker plates and resold them, I usually had the thought process that I wanted to get rid of them and dump them at reasonable costs.

I did not make fortune off them at all, but amazed to see how many of those buyers put them on ebay with $30 OBO and I am sure they made money and that is great for them but I always am surprised how long some people will wait to turn merchandise, sometimes it takes the better part of a year until prospective buyers realize that they cannot get that same item anywhere else and they give in. It just surprises me that someone will hold on to something for a long period of time for the sole purpose of reselling it and making like $20. Are you telling me there wasn't something else that person couldn't have done in that same period of time to make a $20, but it si their right to do that, just seems silly to me.

[gingi79]

I have had this experience both work in my favor and proven myself to be more aware of resale vs. retail pricing.

I collect a very specific group of players and teams and I'm now celebrating my 10th anniversary as a full time collector. In that time, I've researched how much my players/teams sell for in the primary market (Like MeiGray) and how much they sell at Auction (Like Classic and Gwa.net) verses forums, craigslist type sites and eBay.

I've made fair offers on items in all of these situations and have been turned down for two specific items which are still listed on their respective sites 2-3 years later with no relenting in price point. (In fact one was listed and won a couple of times. Either shill bidding or canceled before it expired because it was way lower than what the seller believes it's worth. I guess the free market and I are wrong....)

On occasion, a seller has sold me an item for less than he wanted but more than I could resell for.

My favorite though, I made an offer on an item BIN eBay. The seller scoffed and assured me it would sell much higher than my paltry offer. I placed a bid for 75% of my Best Offer. And I won it.

We all hate hearing our stuff doesn't hold the resale value we thought it did and that everything from the common era doesn't command anywhere near what we initially buy it for. I also know eBay has become full of cocky buyers who seem to lowball and manipulate the now completely unfair and biased feedback system thereby making honest buyers who provide rational BIN offers seem like just another person trying to pay pennies on the dollar. How many times has this very site provided sincere assistance to a seller on an auction site be it the big dealer owned sites or eBay, only to be told we are wrong and stupid because it affects their bottom line and honestly, their pride?

I'll admit I was a little smug about winning that auction for less than my BIN now but because I was knowledgeable about the item, did my homework and research and offered fair market value for it, it serves the seller right for overpricing and ignoring my research, all of which I provided to him for free. Yet another reason in this hobby to live by the Milt Byron mantra: "Do your homework."

[woody1351]

I made an offer on a house to a guy and he told him how I insulted him and how his place was worth so much more than that and he would never sell it that cheap. well 6months later and after paying realtor fees, he neted 15k less than I offered.

[Bhawk2]

I have occasionally rejected offers and sold for less, but only when the offers have come when an auction is under way. I recently listed a half dozen SAM bobbleheads and a guy bought 2 BIN. He drove 3 hours to pick them up and tried to talk me into selling 2 more at a very good price. I would have taken the money, but there were several bids on each of them and I don't like to sell out from under people like that. Ultimately he won both at auction for less than he offered.

[Samets]

Sadly, this happens all the time... A guy buys item X at full retail and later on dumps it on eBay hoping to make profit or at least break even and the reality sets in. It aint worth what he has into it. Retail and secondary markets vary vastly most of the time.

I see the same items re-listed time after time because the seller and the reality seem to be too far apart but the seller keeps the hope alive that they will catch the idiot that was born at night and doesn't know any better!

I have personally noticed two types on eBay, the collector or one off seller that thinks they own the Holy Grail and the investor that "knows" the market yet is unable to move the item(s). I personally hate the latter.

[Samets]

Ronnie,

You seem to take my comments very personally! Do you feel that it hits too close to home?

[yanks12025]

Not sure I get the point of this thread as the bottom line is if you own an item you are entitled to do with it as you please.

What's it to anyone or even on a level their business how many times an item is listed or whom or what the seller decides to sell for outside of sour grapes, jealousy, leverage, & at times an agenda to bottom feed.

Without sellers there is no supply and there are many different reasons people choose to sell/move an item none of which inherently makes them bad.

Its insulting & extremly ignorant to assume that just cause an item is listed on ebay or anywhere else for that matter that it means that the item is being "dumped" not everyone collects &/or sells trash or for that matter is desperado to sell at any price. Common sense dictates that the more value a collectable has increases the probability of increased time to sell to the select few who can actually afford such a purchase.

Unfortunately for some the demographic market for sellers of such items doesn't include the current mass of people who can't afford such a purchase or choose "A Deal" & "Quantity over Quality" while instead looking for the weak moments of some to try & bottom feed on these items which I guess is where the rub comes in.

I'm also not sure I get Sam's post slamming sellers &/or the "investor" Hatred on eBay as he is the seller (Which is his right) of the following $25 Bears pants marked up to $400-600.

Check out Brandon Marshall Chicago Bears Game Used Pants from 2012/2013 seasons**http://www.ebay.com/itm/-/1113767596...&soutkn=59OEtv via @eBay

Check out Matt Forte Chicago Bears Game Used Pants from 2012/2013 seasons**http://www.ebay.com/itm/-/1113767657...&soutkn=TFO7Lz via @eBay

Check out Alshon Jeffery Chicago Bears Game Used Pants from 2012/2013 seasons**http://www.ebay.com/itm/-/1113767578...&soutkn=r3KhLi via @eBay

In a twilight zone world & directly out of the mouth of some the 3 listings above epitomize IMO their never ending crying/bitching on this forum of the re-listing of "Sad" items over & over again while looking for as they call it "the idiot that was born at night & doesn't know any better"

Isn't it interesting how some of the bottom feeding in the hobby value the items of others at 1/2 price that is unless they own it then of course its double!! LOL

Agree to disagree as everyone has their own opinion and values of their collectables none of which is worth the "sad" constant crying/bitching that takes place so move on or handle that business its really that simple.

Lol. Your complaining post has nothing to really do with that the original poster is talking about.

[Jags Fan Dan]

Conversely, an experience I have had more than once, is when something doesn't sell, doesn't sell, doesn't sell on eBay. It has been run lower and lower priced. Lets say it started at $350, then went to $300, then finally after a few runs at $300 they run it at $250 and it doesn't sell. So you contact the seller, ask what their best price is, and they say $350. What gives?

[sek122482]

Along those same lines...someone on ebay had an item for $100 buy it now plus $20 shipping. Posted it for over 6 months over and over again with no bids. I messaged to see if they would make a deal. They responded saying they needed $150 for it and it was a great deal at that price.

[mad87man]

Yeah, guy had a Jets jersey on ebay for 400. I asked him what his best offer was he said shoot him an offer I said I wouldn't go more thank 200, he said no its worth more. He relisted a few times then just had a regular auction that I won it at 173.00. worked out better for me