You list an item on eBay and then the offers start coming in to end the listing early. Ask yourself - who is this more likely to benefit - the buyer or the seller?
I had a iron sculpture one time listed for $400.00 on Ebay and I had a guy emailing me and busting my chops about how I was nuts and telling me how he has a whole bunch and how he finds them all the time for $35.00 or less, so I told him I don't know what he was driving at, but if if he was willing to sell them at $40.00, I'll buy them all. Anyway, he emailed me back with a " ha-ha " because he didn't like having his chops busted and me throwing it back at him. Also, I did sell the sculpture for $400.00, although it did take a while.
Will, great advice on not ending your auction early. I was thinking about what you said, "why don't people offer more than the asking price". Many of these people like you are flippers and they think, what will work at yard/estate sale negotiations, will work at Ebay auctions. I'm a subscriber and have watched many of your finds, with you offering much lower offers than the true value. You have to ask yourself, why don't I offer more at yard/estate sales, when the person behind you could buy it in the next second. I think it's as you stated many times in your videos, Caveat emptor or "Let the buyer beware" and "Let the seller beware"too. I don't fault them for doing it, but at least make a respectable offer and not one that insults the seller's intelligence. I can see someone new to Ebay auctions needing the money quickly or think they may have overpriced an item and is willing to sell it for less because they have so little invested in it. I think the bottom-line is, do your homework on items you sell so you have a good idea of its value and by doing so, sell for the best price possible.
You have to have a thick skin when dealing with the public and even more so when dealing with the public online. Some people say things online that they would never say in person. If I found an item that was listed at auction for $900 and thought it might bring $1500, it makes more sense to me to entice the seller with a $1000 offer to end the listing now. It always pays to do your homework as a seller so you know exactly what you have and there will be no second guessing. Happy New Year! Will
I really loved that statue, and it will only go up in value. The buyer made a smart investment in a beautiful piece of art! And you can go out and find more treasures with that money! (Maybe in something's you do collect or to resell) 12 watchers on a rare collector piece = one was going to bid! Congratz!
I sold it to a dealer in California. He is going to resell it. That's fine with me and I wish him all the luck. Watchers don't always mean there will be a buyer. One time I had a Schwinn Stingray bike that had 35 watchers. It ended without a bid.
I agree with you 100 percent. I bet the persistent guy was a dealer, too lazy to go out in the field to find one himself. I bet that if you had sold it to him, he'd have re-listed it for $900 or more. It was a cool piece, for sure. You have a great eye. Keep the videos coming. I have learned a lot from you.
I guess Im asking randomly but does someone know of a tool to get back into an instagram account?? I stupidly forgot my account password. I appreciate any assistance you can give me!
@Frederick Billy Thanks for your reply. I got to the site on google and I'm trying it out now. Looks like it's gonna take quite some time so I will get back to you later with my results.
Before I list an item, I figure out the price I want to get for it. Instead of then listing it at that price as a buy it now, I put it on 5 day auction at that price. Being on auction is a safety check. If my research was wrong and the item is worth more than I expect, people will bid on it. Also if there is an error in the listing such as a $200 item listed at $20, I get the chance to review and correct the listing. If I get one bid, I'm happy. If not, I convert the ended auction to buy it now at good till cancelled and usually add in make an offer.
That's interesting. I've been listing buy it now at my researched price with a buy it now option. I use buy it now to let me know if I'm off on the market value. For example, if I list an item at $200 and I get 3 offers around $125, I know I'm high on the market.. I very rarely run auctions. I haven't run an auction in about 3 years. However, your process now has me thinking..
There is no downside to this listing method. If I get one bid, I'm happy and it leaves the door open for me to get more than I expect. I always wonder why people brag that they sold an item within 15 minutes of listing it. A super quick sale usually means that the seller underpriced the item.
Most buyers will wait until the last seconds of an auction to bid. There have been many items I've watched - waiting until the end only to have the listing end before hand.
Ebay is getting to be like Craigslist with people offering "cash right now" sight unseen. Always way below what you are asking like you are desperate for the money. My guess is they are all flippers and dealers looking to take advantage of others. If you like a piece, and the price is reasonable, buy it for crying out loud..
I don't fault them for doing it, but at least make a respectable offer and not one that insults the seller's intelligence. I can see someone new to Ebay auctions needing the money quickly or think they may have overpriced an item and is willing to sell it for less because they have so little invested in it. I think the bottom-line is, do your homework on items you sell so you have a good idea of its value and by doing so, sell for the best price possible. Show less REPLY I don't fault them for doing it, but at least make a respectable offer and not one that insults the seller's intelligence. I can see someone new to Ebay auctions needing the money quickly or think they may have overpriced an item and is willing to sell it for less because they have so little invested in it. I think the bottom-line is, do your homework on items you sell so you have a good idea of its value and by doing so, sell for the best price possible. Show less REPLY
I don't mind if I get reasonable offer, I actaully like it when I get those aggressive buyers but they have to make a good offer for me to accept it. Also some sellers post things at ridiculous prices even though there is a huge listings of the same item sold for much less.
I literally don't care about people pulling auction early. The fee is bull crap sellers should have the right to pull an item if their not sure what their selling. But James98 the fee is made to unsure trust on eBay. 🐂 💩 eBay could give a rats ass about the buyers they only have that fee just to profit off sellers
@@terminal99 someone bid 35 on my item that I put for 35 & idk how to accept the bid & it says something about if I end early , it will charge me money for ending early
I am in that situation right now. I listed something for $200 and after a couple minutes it got 2 bids, 2 offers, very good offers $500 and $600, I kind of want to take the highest offer but I don't want to get in trouble with Ebay if I end it soon. I have a few hours to decide.
@@terminal99 I took $675 at the end. I didn't want to wait for it to end and didn't want to take the risk of it going for less. As a buyer I have also done offers to people then they reject it but when I bid on their items I ussually get it for less. I believe I have good judgment on some things. Thank you though. I appreciate your advice.
Thank you for taking the time. You are absolutely right. ☝️😏
Great advice and great return on your investment!
Tnx for the info
I have a question if you end the listing early do you get the money from the buyer if he decites to buy it
I had a iron sculpture one time listed for $400.00 on Ebay and I had a guy emailing me and busting my chops about how I was nuts and telling me how he has a whole bunch and how he finds them all the time for $35.00 or less, so I told him I don't know what he was driving at, but if if he was willing to sell them at $40.00, I'll buy them all. Anyway, he emailed me back with a " ha-ha " because he didn't like having his chops busted and me throwing it back at him. Also, I did sell the sculpture for $400.00, although it did take a while.
I think some people give false information to the seller in hopes that the seller lowers the price.
yes, definitely.
Will, great advice on not ending your auction early. I was thinking about what you said, "why don't people offer more than the asking price". Many of these people like you are flippers and they think, what will work at yard/estate sale negotiations, will work at Ebay auctions. I'm a subscriber and have watched many of your finds, with you offering much lower offers than the true value. You have to ask yourself, why don't I offer more at yard/estate sales, when the person behind you could buy it in the next second. I think it's as you stated many times in your videos, Caveat emptor or "Let the buyer beware" and "Let the seller beware"too. I don't fault them for doing it, but at least make a respectable offer and not one that insults the seller's intelligence. I can see someone new to Ebay auctions needing the money quickly or think they may have overpriced an item and is willing to sell it for less because they have so little invested in it. I think the bottom-line is, do your homework on items you sell so you have a good idea of its value and by doing so, sell for the best price possible.
You have to have a thick skin when dealing with the public and even more so when dealing with the public online. Some people say things online that they would never say in person. If I found an item that was listed at auction for $900 and thought it might bring $1500, it makes more sense to me to entice the seller with a $1000 offer to end the listing now. It always pays to do your homework as a seller so you know exactly what you have and there will be no second guessing. Happy New Year! Will
Thank you Will, you have a happy, healthy, and prosperous 2018!!
I really loved that statue, and it will only go up in value. The buyer made a smart investment in a beautiful piece of art! And you can go out and find more treasures with that money! (Maybe in something's you do collect or to resell) 12 watchers on a rare collector piece = one was going to bid! Congratz!
I sold it to a dealer in California. He is going to resell it. That's fine with me and I wish him all the luck. Watchers don't always mean there will be a buyer. One time I had a Schwinn Stingray bike that had 35 watchers. It ended without a bid.
I agree with you 100 percent. I bet the persistent guy was a dealer, too lazy to go out in the field to find one himself. I bet that if you had sold it to him, he'd have re-listed it for $900 or more. It was a cool piece, for sure. You have a great eye. Keep the videos coming. I have learned a lot from you.
You're right - he was probably looking to resell it for $900 or $1000. Glad you like the videos. Happy New Year! Will
I guess Im asking randomly but does someone know of a tool to get back into an instagram account??
I stupidly forgot my account password. I appreciate any assistance you can give me!
@Gatlin Idris instablaster ;)
@Frederick Billy Thanks for your reply. I got to the site on google and I'm trying it out now.
Looks like it's gonna take quite some time so I will get back to you later with my results.
@Frederick Billy it did the trick and I finally got access to my account again. I'm so happy:D
Thanks so much you saved my account !
everytime i ebay stuff, the same thing happens to me,
Hey Will. Do you run 100% auctions? Also, are you running short term or longer term auctions?
Before I list an item, I figure out the price I want to get for it. Instead of then listing it at that price as a buy it now, I put it on 5 day auction at that price. Being on auction is a safety check. If my research was wrong and the item is worth more than I expect, people will bid on it. Also if there is an error in the listing such as a $200 item listed at $20, I get the chance to review and correct the listing. If I get one bid, I'm happy. If not, I convert the ended auction to buy it now at good till cancelled and usually add in make an offer.
That's interesting. I've been listing buy it now at my researched price with a buy it now option. I use buy it now to let me know if I'm off on the market value. For example, if I list an item at $200 and I get 3 offers around $125, I know I'm high on the market.. I very rarely run auctions. I haven't run an auction in about 3 years. However, your process now has me thinking..
There is no downside to this listing method. If I get one bid, I'm happy and it leaves the door open for me to get more than I expect. I always wonder why people brag that they sold an item within 15 minutes of listing it. A super quick sale usually means that the seller underpriced the item.
Nice profit there!
It was a cool piece.
Not to mention the other serious collectors that hate it when someone ends an auction early- good for you!!
Most buyers will wait until the last seconds of an auction to bid. There have been many items I've watched - waiting until the end only to have the listing end before hand.
If it's at the end of an auction is scumbagish but it has 6 days on it I see no problem pulling it
New to eBay. Can I end an auction that has bids if I don’t think it’s fetching what I think it’s worth?
You can cancel the bids and end a listing. Next time just list the item at a starting price you'll be happy with if it only gets one bid.
How do you do this?
That thing needs sledgehammering.
Great advice. Gotta stick to your guns. Quality merchandise brings good money for sure.
It always pays to do your homework so you know exactly what you have so there's no second guessing.
Ebay is getting to be like Craigslist with people offering "cash right now" sight unseen. Always way below what you are asking like you are desperate for the money. My guess is they are all flippers and dealers looking to take advantage of others. If you like a piece, and the price is reasonable, buy it for crying out loud..
I don't fault them for doing it, but at least make a respectable offer and not one that insults the seller's intelligence. I can see someone new to Ebay auctions needing the money quickly or think they may have overpriced an item and is willing to sell it for less because they have so little invested in it. I think the bottom-line is, do your homework on items you sell so you have a good idea of its value and by doing so, sell for the best price possible.
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I don't fault them for doing it, but at least make a respectable offer and not one that insults the seller's intelligence. I can see someone new to Ebay auctions needing the money quickly or think they may have overpriced an item and is willing to sell it for less because they have so little invested in it. I think the bottom-line is, do your homework on items you sell so you have a good idea of its value and by doing so, sell for the best price possible.
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REPLY
I guess sometimes sellers agree. If they make 50 offers and one or two sellers accept - it works out for them.
I don't mind if I get reasonable offer, I actaully like it when I get those aggressive buyers but they have to make a good offer for me to accept it. Also some sellers post things at ridiculous prices even though there is a huge listings of the same item sold for much less.
I literally don't care about people pulling auction early. The fee is bull crap sellers should have the right to pull an item if their not sure what their selling. But James98 the fee is made to unsure trust on eBay. 🐂 💩 eBay could give a rats ass about the buyers they only have that fee just to profit off sellers
I put something for 35 & someone bid 35... as a beginner idk what to do
Let the auction run to the end.
What's the problem?
@@terminal99 someone bid 35 on my item that I put for 35 & idk how to accept the bid & it says something about if I end early , it will charge me money for ending early
@@itmightbeoctober8789 EBay charges more for 1 day listings. Has it been less than 24 hours since you listed it?
@@terminal99 for me yes? wait a lil longer then end listing? but will they still charge me for that?
I am in that situation right now. I listed something for $200 and after a couple minutes it got 2 bids, 2 offers, very good offers $500 and $600, I kind of want to take the highest offer but I don't want to get in trouble with Ebay if I end it soon. I have a few hours to decide.
I would let it ride. The only reason people are offering 500 and 600 is that they think it's worth much more.
@@terminal99 I took $675 at the end. I didn't want to wait for it to end and didn't want to take the risk of it going for less. As a buyer I have also done offers to people then they reject it but when I bid on their items I ussually get it for less. I believe I have good judgment on some things. Thank you though. I appreciate your advice.