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too many things
07-01-2021, 07:17 PM
as you know prices on the fee bay is high
here is one reason
they have now gone to the bank direct, so they are charging about 12% if you sell . on a 100.00 sell its 12.00 they get off before you see any money
that is why the price is up .

john.k
07-01-2021, 07:28 PM
There has always been a cost to selling to the market.....and if you are a small manufacturer or importer ,it is a whole lot more than 12%........a lot of people who have been in business for 50 years would say that 10% off the top is not a bad result for a secure payment and delivery framework......You want to employ a salesforce of dishonest oversexed loafers ,which is what it was like in the 1970s.

Mal Paso
07-01-2021, 07:35 PM
It's up 2%. That doesn't account for the ridiculous prices. I was looking for a refrigerator and checked the bay. Manufacturer list was $1100, the bay had one listing for $2100, LOL Fishing for Dollars?

There have been deals, brand new NLG MP Molds under $100 shipped. That's less than direct from Slovenia with shipping. I hate installing grooves so I passed.

StuBach
07-01-2021, 07:39 PM
It's up 2%. That doesn't account for the ridiculous prices. I was looking for a refrigerator and checked the bay. Manufacturer list was $1100, the bay had one listing for $2100, LOL Fishing for Dollars?

There have been deals, brand new NLG MP Molds under $100 shipped. That's less than direct from Slovenia with shipping. I hate installing grooves so I passed.

Keep in mind, manufacturer list is great but stock on hand becomes the issue. Buddy of mine is redoing his whole kitchen and has been waiting on appliances for over 8 months cause of Covid related back orders. How much are you willing to pay to get something that may not be in stock elsewhere?

I’ve always found my dads theory of eBay to be true. The greater fool always wins the bid. If your willing to pay more than me, your the greater fool but you get the item and I don’t.

Mal Paso
07-01-2021, 08:18 PM
Keep in mind, manufacturer list is great but stock on hand becomes the issue. Buddy of mine is redoing his whole kitchen and has been waiting on appliances for over 8 months cause of Covid related back orders. How much are you willing to pay to get something that may not be in stock elsewhere?

I’ve always found my dads theory of eBay to be true. The greater fool always wins the bid. If your willing to pay more than me, your the greater fool but you get the item and I don’t.

I bought from the official dealer for $1100.

bakerjw
07-01-2021, 09:07 PM
EBay is not what it used to be. Several years back, I bought several pallets from a scrap sale at work. Something like 7 pallets for $650.00. One one of the pallets were several Siemens analog I/O modules sealed in the box. In one day, I sold 4 of them for about $1,500.00.
Now, I post items at ridiculously low prices and NADA...

Gofaaast
07-01-2021, 09:36 PM
Just depends on item. I bought a couple speciality spray nozzles on clearance in town that are not used in this region but very desired in others. They sold in less than eight hours for a couple percent under other listings. Cleared north of two Benjamin’s.
I kidded with my shooting buddy’s that I was going to sell out of all reloading equipment in April. If I would have I could buy back in today for less money.

rancher1913
07-01-2021, 10:52 PM
I found a motor, complete all the way to the back hubs from a 30's or 40's vehicle (havent done research yet) would something like be good to sell on ebay or should I go somewhere else.

imashooter2
07-01-2021, 11:37 PM
I once sold a pair of Beatles ticket stubs from the 1964 concert at the Philadelphia Convention Center on the bay. I got $380 plus shipping and insurance. I could have knocked on every door in town and not gotten $20. I paid their fees with a smile.

imashooter2
07-01-2021, 11:38 PM
I found a motor, complete all the way to the back hubs from a 30's or 40's vehicle (havent done research yet) would something like be good to sell on ebay or should I go somewhere else.

The problem with that is eBay now charges their fees on shipping too. On something like that it will be quite a haircut.

Dieselhorses
07-02-2021, 12:39 AM
I don't sell on eBay anymore-they've gotten greedy.

rancher1913
07-02-2021, 08:06 AM
The problem with that is eBay now charges their fees on shipping too. On something like that it will be quite a haircut.

I figured it would be a "have to pick up at location" type sale, no way I could box it all up, about 12 foot long.

Scrounge
07-02-2021, 08:28 AM
The problem with that is eBay now charges their fees on shipping too. On something like that it will be quite a haircut.

Reason for that is some folks are charging "outrageous" shipping fees, and taking relatively small "sale" prices. Move/countermove by sketchy sellers & ebay. And now everyone gets to pay. I sold on ebay when my daughters outgrew their Sailor Moon toys and accessories, back in the day. Not anymore.

bedbugbilly
07-02-2021, 09:10 AM
As a seller - nobody is happy with the cut they, or any other auction gets - but 12% gives you a world wide audience if you are so inclined. As a buyer - everybody wants a bargain. It's human nature.

When I settled my mother's estate - I had an auction. When it was all said and done - IIRC - the auctioneer and his crew ended up with 23 1/2% - not that unusual.

Prices on eBay are not higher because they raised their cut - possibly a tad bit higher on BIN new items - but for the most part it is supply and demand. All it takes is for several people to want the same item and like any auction, it will sell for whatever a willing buyer is willing to buy at that specific time. Bullet molds? I have watched Lyman molds sell on eBay for a ridiculous price and the next week, an identical mold sell at a price that is 10% of what the one the week before.

It happens on this site as well. Not long ago, a member put up a 2 cavity Lee mold and put a price of $45 on it - that's fine as it is his mold and he can ask what he wants. It sold. BUT - if the buyer had taken the time to do a little looking and clicked on Titan's banner at the top of the page - they would have seen that they had the same mold - new - not used - at their usual low price. Even with shipping, the buyer could have saved around $13 - had a new mold and not a used one.

How do I know? Because I was looking for the same mold as I wanted a duplicate to take and leave at our place in AZ. I looked at the member's WTS and then checked to see if I could find a new one - before I got done - I bought 3 different molds that I wanted duplicates of - all at Titan's usual price - not the over inflate gouging prices that many are selling for on eBay.

I buy and sell on eBay and have for many years. And yes, we all like to make $ if selling or get a bargain if buying - but a lot of stuff is selling at ridiculous prices because many people get lazy and don't take the time to do some research or do some searching for alternative sources that offer much better prices. "Build it and they will come" and sure enough, someone will who is "penny wise but pound foolish".

Burnt Fingers
07-02-2021, 11:56 AM
As a seller - nobody is happy with the cut they, or any other auction gets - but 12% gives you a world wide audience if you are so inclined. As a buyer - everybody wants a bargain. It's human nature.

When I settled my mother's estate - I had an auction. When it was all said and done - IIRC - the auctioneer and his crew ended up with 23 1/2% - not that unusual.

Prices on eBay are not higher because they raised their cut - possibly a tad bit higher on BIN new items - but for the most part it is supply and demand. All it takes is for several people to want the same item and like any auction, it will sell for whatever a willing buyer is willing to buy at that specific time. Bullet molds? I have watched Lyman molds sell on eBay for a ridiculous price and the next week, an identical mold sell at a price that is 10% of what the one the week before.

It happens on this site as well. Not long ago, a member put up a 2 cavity Lee mold and put a price of $45 on it - that's fine as it is his mold and he can ask what he wants. It sold. BUT - if the buyer had taken the time to do a little looking and clicked on Titan's banner at the top of the page - they would have seen that they had the same mold - new - not used - at their usual low price. Even with shipping, the buyer could have saved around $13 - had a new mold and not a used one.

How do I know? Because I was looking for the same mold as I wanted a duplicate to take and leave at our place in AZ. I looked at the member's WTS and then checked to see if I could find a new one - before I got done - I bought 3 different molds that I wanted duplicates of - all at Titan's usual price - not the over inflate gouging prices that many are selling for on eBay.

I buy and sell on eBay and have for many years. And yes, we all like to make $ if selling or get a bargain if buying - but a lot of stuff is selling at ridiculous prices because many people get lazy and don't take the time to do some research or do some searching for alternative sources that offer much better prices. "Build it and they will come" and sure enough, someone will who is "penny wise but pound foolish".

:drinks:

Yep.

A seller can ask any price they want. But it takes a buyer to pay it or raise it. I've picked up a couple of new MP molds for less than what they cost from Miha.

Mold prices are starting to settle down. But there are still people asking stupid prices. It seems that the market may have reached a saturation point and most people that just HAD TO HAVE A MOLD now have one.

wv109323
07-02-2021, 03:33 PM
I buy some stuff from ebay. But many on there have no idea of what they are selling, no idea of its value, no idea to describe it, and take poor out of focus pictures.
Recently, the trend is to put an item on your watchlist and you get a make offer for 5-10% off.

Scrounge
11-15-2021, 11:38 AM
I buy some stuff from ebay. But many on there have no idea of what they are selling, no idea of its value, no idea to describe it, and take poor out of focus pictures.
Recently, the trend is to put an item on your watchlist and you get a make offer for 5-10% off.

I've been doing that. It works sometimes, and I'm a cheap bastrich, and not will to pay more than I want to pay. Most of the stuff I get from E-bay I could live without. And if not, I'll pay what it takes to get it. Though that isn't very often.

Bill

Bmi48219
11-15-2021, 12:20 PM
If something is only available on eBay I don’t need it.

MUSTANG
11-15-2021, 12:36 PM
Growing up auctions (farm and fixed site warehouse locations) were where many went to get used items they needed but could not afford to buy new. Back then the price you bid was the PRICE YOU PAID. The auctioneer would take a % from each sellers listed item; if memory serves me correctly it was 5% when I was very young and escalated to 10% by my later teens. Auctioneers are now fleecing both sides of the aisle (sellers and buyers) which is how events of 23 & 1/2 % as described by bedbugbilly in post #14 occur. Up until Ten years ago I used Flea Bay for numerous items - even selling a few. Got some good deals and from my perspective all three parties were happy (Seller/Auctioneer/Buyer). I look but never buy on Flea Bay now because I feel as if I am being Held Up buying an item and then having the cost jacked up afterwards. Same for most auctioneers today - bought a used Travel trailer at an online auction site a few years ago; buried in the # 2 font small print in long jitney of terms was a Buyers Premium of 15% plus processing fees. My "Great Buy" turned into an OK buy; but the sale still leaves a foul taste in my mouth. If your going to charge a fee - makes sure it's obvious and understood up front is my philosophy.

Winger Ed.
11-15-2021, 01:21 PM
I found a motor, complete all the way to the back hubs from a 30's or 40's vehicle (havent done research yet) would something like be good to sell on ebay or should I go somewhere else.

I used to know a guy that would buy antique car parts all Spring & Summer from where ever he could find them.
Then he sold them during the winter on ebay for big bucks.

Everybody up in snow country would work on their old cars and hot rods during the winter when they were weathered in.
In the summer, they were too busy to work on them much.

You might consider when you sell that engine as much as where.

country gent
11-15-2021, 02:02 PM
My question is when an auctioneer charges a percentage to sell and a buyers premium just who is he representing in the deal. Used to be the seller commissioned the auctioneer to sell at a percentage and the auctioneer worked ti get as much as possible.

I recently seen a on line auction with a buyers premium, and you had to have funds on account to cover the cost BEFORE bidding. I have seen land auctions where proof of financing was required, but this was a machine auction ( a lot of cnc machines and big lathes all fairly new).

When looking at bigger items you also need to make sure where they are located at in relation to where you are. Having a big item delivered to far can eat up any savings you got.

John Boy
11-15-2021, 02:23 PM
Sixty dollar molds on eBay are now eighty dollars. Prices have gone up at 20 dollar clips and if you want a Paul Jones mold, expect to pay double or more the original purchase price … $250 to $275 plus

Winger Ed.
11-15-2021, 03:07 PM
[QUOTE=country gent;5299091]My question is when an auctioneer charges a percentage to sell and a buyers premium just who is he representing in the deal. ][QUOTE]

The short answer is the auctioneer represents himself by collecting a fee, or percentage from both buyer and seller.

The seller gets more than he could sell the item for by himself.
The buyer gets a cheaper price than he could quickly find the item for himself.

The higher a price the auctioneer gets, the more he makes on the sale.
So,,,, He represents himself by getting as high a price as he can and collects from both parties.

JonB_in_Glencoe
11-15-2021, 03:10 PM
My question is when an auctioneer charges a percentage to sell and a buyers premium just who is he representing in the deal. Used to be the seller commissioned the auctioneer to sell at a percentage and the auctioneer worked ti get as much as possible.

I recently seen a on line auction with a buyers premium, and you had to have funds on account to cover the cost BEFORE bidding. I have seen land auctions where proof of financing was required, but this was a machine auction ( a lot of cnc machines and big lathes all fairly new).

When looking at bigger items you also need to make sure where they are located at in relation to where you are. Having a big item delivered to far can eat up any savings you got.
I have seen that as well.
BUT, the one time I bid on (and bought) a House on a auction, proof of financing wasn't required...but they wanted verbal acknowledgment. In 1986, right after my Job moved me to a new location in a new to me County, I happened onto an Estate Auction in Arlington, MN where they were also selling the house and 3 lots (two lots were landlocked, the house was situated on two lots, but basically it was like one triple sized lot).

I was a stranger in this small town (pop. 1500 at that time). When they started the bidding on the house, the bids were a crazy low number. I decided to make a bid. Now I hadn't talked to the auctioneer prior to this, and didn't know that they wanted "verbal acknowledgment" of finances. The auctioneer stopped the auction and walked over to me, put his arm around me and said, "Son, you do understand that you need $2500 cash today if you win this auction, then pay the balance within 30 days, are you sure you have the funds available? I want to sell you this house, but I need to know before I continue this auction, because if the other bidder drops out after you made several bids, and you don't have these funds, I don't want to have to start this auction over at a later time or date."

I said yes, which was a true statement. He started the Auction back up. The bidding continued for a few minutes, and the other bidder dropped out, so I won the House. I hadn't even did a walk through. The house had been listed for sale for several months prior to this auction. The owner was in a institution. The owners kids were furious that the house sold so cheap, and were yelling that they'd buy it for that. Luckily for me, the Auctioneer was able to calm down the situation, as the owners kids weren't able to finance buying the house. This was all quite nerve-racking and exciting for the 20 yr old JonB, buying his first house.

savagetactical
11-16-2021, 12:27 PM
These threads usually amuse me / are a good demonstration of how many people really do not like capitalism. Other's have correctly pointed out that if you factor what the actual costs are for the services provided . It's pretty small truthfully given what you are getting in return . The secure payment platform, a place to list the item , oh and a discounted shipping rate .


Sometimes eBay is the best option to sell an item you have if you want a fair price. Keep in mind I said fair, and while there is some subjectivity on what fair is , the market ultimately determines what constitutes a fair price .

Why would an individual want to sell a long since discontinued and desirable mold for $20 on a board when the same mold regularly sells for $100 on eBay ?

Murphy
11-16-2021, 09:50 PM
Ahhhhhh ~ The Bay ~. It was once truly a great place, not so much anymore. I can't remember which came first, their forcing people to have PayPal or coming out of the closet as anti 2A. Either way, I began using it less and less. I sold a fair amount of things on their site and still have an account with them. I stopped when they forced the PayPal issue on us. On rare occasions, I'll purchase on The Bay when it seems my only option. Selling? When they change, I'll change and 'maybe' part with a few things there.

Murphy