Auction or Buy It Now when selling?

rms13 · 04-02-2021, 11:47 PM

Which do you prefer when selling on eBay? I’ve been selling off some graded cards to fund new purchases. I’ve been listing Buy It Now at highest realistic price I think I can get with offers.

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Pierce09 · 04-02-2021, 11:50 PM

I auction if the price is well known / researchable on eBay. Helps draw in bidders. If it's something that is hard to price and doesnt have many comps I will do a high BIN with make an offer to test the waters.

rms13 · 04-02-2021, 11:54 PM

Quote:

Originally Posted by Pierce09

I auction if the price is well known / researchable on eBay. Helps draw in bidders. If it's something that is hard to price and doesnt have many comps I will do a high BIN with make an offer to test the waters.

Thanks. The stuff I’m selling is all PSA10 Prizm NBA and Chrome MLB. I’ll switch to auctions.

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gowizards0 · 04-02-2021, 11:57 PM

for me lower end I go auction, mid-high end I go BIN/BO

eastbayak · 04-03-2021, 12:03 AM

BIN with OBO, I like to decide the sale price.

bloodwings19 · 04-03-2021, 12:21 AM

Rare items, I always sell Buy Now. Something that is very common, I use auction unless my card is in great condition.

Systemtrend · 04-03-2021, 07:02 AM

For the people that do BIN with BO. At what percent do you cut your offers off or do you just leave it wide open? Example BIN is $500 do you look at offers below $250?

Somuchjunkwax · 04-03-2021, 07:08 AM

Quote:

Originally Posted by Systemtrend

For the people that do BIN with BO. At what percent do you cut your offers off or do you just leave it wide open? Example BIN is $500 do you look at offers below $250?

For me, it depends on the item. I rarely think of it in percentages. Most often, I will just put the absolute floor I will accept as the lowest acceptable offer. Gives you a little room to negotiate as well.

JeffG1954 · 04-03-2021, 07:10 AM

Quote:

Originally Posted by Systemtrend

For the people that do BIN with BO. At what percent do you cut your offers off or do you just leave it wide open? Example BIN is $500 do you look at offers below $250?

Anything less than 50% of my BIN is a quick decline with no counter. 50% to 75% will usually get a counter offer. I usually accept offers 75% of the BIN, but will sometimes counter if the card is popular.

It also depends on the feedback that the offer maker has left for previous sellers....and I do check it every time. If I see any kind of potential problem in the feedback left, I decline and block.

jcardstore · 04-03-2021, 07:24 AM

I list all BIN/BO with a really high price so I can determine who buys the card and for what price. There are plenty of times where I’ve declined reasonable offers because of the account. If they’ve left more than a couple negative feedbacks that’s an easy decline, if they have no/ very little feedback they’re gonna have to pay full BIN if they want it.

I usually set the cutoff for offers at 50% of list price cause if you’re offering less than that it’s probably an insultingly low offer that’s not worth even seeing.

Vinny1984 · 04-03-2021, 07:26 AM

Always BIN with no offer. I only sell stuff that I’m serious about selling so they are always at or near the bottom of the market. I used to do all auctions but there is too much f*ckery that happens. Relisting unpaid auctions puts me in a foul mood.

87toppsproject · 04-03-2021, 08:43 AM

I almost exclusively use BIN/OBO. I take a few minutes to see what the card is selling for (what people have it listed for and what listings have bidders and what is the current high bid) and also what it has sold for. I use those figures to price accordingly. For me, I list on eBay to sell in the short term, so I price competitively. IF I do an auction, I always start at 99¢.

Also, it is important (for cards that apply) to utilize the eBay Standard Envelope aka ESE.

I give buyers the option to use the 99¢ shipping ESE or the USPS first class $2.99.

On the flip side, a good buddy of mine almost never uses the OBO option and uses straight BIN. He figures that if someone wants the card they will buy it. He also prices competitively and just doesn’t want to deal with all the BS offers people send (as mentioned by the poster Vinny1984).

04-02-2021, 11:47 PM	#1
rms13 Member Join Date: Mar 2021 Location: California Posts: 7,040	Auction or Buy It Now when selling? Which do you prefer when selling on eBay? I’ve been selling off some graded cards to fund new purchases. I’ve been listing Buy It Now at highest realistic price I think I can get with offers. Sent from my iPhone using Tapatalk

04-02-2021, 11:50 PM	#2
Pierce09 Member Join Date: May 2012 Location: Texas Posts: 1,271 awp_iv	I auction if the price is well known / researchable on eBay. Helps draw in bidders. If it's something that is hard to price and doesnt have many comps I will do a high BIN with make an offer to test the waters. __________________ Spurs Collector: Looking for Auto of every Spurs player in Spurs Jersey Also Collect Spurs Finals Preferred Patches /25 IG: spurs_cards_

04-02-2021, 11:57 PM	#4
gowizards0 Member Join Date: Dec 2008 Location: dc Posts: 7,181	for me lower end I go auction, mid-high end I go BIN/BO __________________ https://www.flickr.com/gp/76567484@N05/x3no8r Collect Pokemon, 2000s Basketball Football Follow me on Instagram! CardCatcherJ

04-03-2021, 07:24 AM	#10
jcardstore Member Join Date: Mar 2014 Posts: 21,785 Jcardstore	I list all BIN/BO with a really high price so I can determine who buys the card and for what price. There are plenty of times where I’ve declined reasonable offers because of the account. If they’ve left more than a couple negative feedbacks that’s an easy decline, if they have no/ very little feedback they’re gonna have to pay full BIN if they want it. I usually set the cutoff for offers at 50% of list price cause if you’re offering less than that it’s probably an insultingly low offer that’s not worth even seeing. __________________ Just moonwalking through hell on my last brain cell

04-03-2021, 07:26 AM	#11
Vinny1984 Member Join Date: Mar 2020 Posts: 3,145 Admcm53	Always BIN with no offer. I only sell stuff that I’m serious about selling so they are always at or near the bottom of the market. I used to do all auctions but there is too much f*ckery that happens. Relisting unpaid auctions puts me in a foul mood. __________________ https://www.flickr.com/photos/187995295@N03/albums

04-03-2021, 12:03 AM	#5
eastbayak Member Join Date: Mar 2014 Posts: 15,894 eastbayak	BIN with OBO, I like to decide the sale price.

04-03-2021, 12:21 AM	#6
bloodwings19 Member Join Date: Mar 2008 Posts: 2,963	Rare items, I always sell Buy Now. Something that is very common, I use auction unless my card is in great condition.

04-03-2021, 07:02 AM	#7
Systemtrend Member Join Date: Mar 2021 Location: USA Posts: 164 Systemtrend	For the people that do BIN with BO. At what percent do you cut your offers off or do you just leave it wide open? Example BIN is $500 do you look at offers below $250?

04-03-2021, 08:43 AM	#12
87toppsproject Member Join Date: Jun 2014 Posts: 468	I almost exclusively use BIN/OBO. I take a few minutes to see what the card is selling for (what people have it listed for and what listings have bidders and what is the current high bid) and also what it has sold for. I use those figures to price accordingly. For me, I list on eBay to sell in the short term, so I price competitively. IF I do an auction, I always start at 99¢. Also, it is important (for cards that apply) to utilize the eBay Standard Envelope aka ESE. I give buyers the option to use the 99¢ shipping ESE or the USPS first class $2.99. On the flip side, a good buddy of mine almost never uses the OBO option and uses straight BIN. He figures that if someone wants the card they will buy it. He also prices competitively and just doesn’t want to deal with all the BS offers people send (as mentioned by the poster Vinny1984).