Would be interesting to see you do a more detailed video on auctions and how they really work on morph market. Tips and so forth. Great content as always!
I breed cornsnakes and I saw the price last year get so low that it was not even worth my time making new listings. Even the Amelanistic cornsnakes where bottomed out. It was all of the first time breeders selling there first babies last year. They were selling them below production cost
This is currently happening to hognose snakes as well. First time breeders are selling triple genetic animals at "wild type" prices. It's insane. Now I know why breeders at expos get pissed off when someone undercuts them by $25.
@@Justin.HeterodonHome well if wild type prices are still good enough to make some proffit it is not too bad, you just don't make alot of money when you buy the expencive animal that you wanted to breed, but my biggest problem is when people are selling them below the cost of breeding.
@@TesseraCraft the only problem is that it will ultimately drive down the prices of wild types as well once people realize they aren't selling. Why get that normal looking hog when you can get the one that was $600 last year for $250 this year?
I think auction hawks are using auction pricing when thinking about the pricing of these snakes though. It doesn't take that much effort to watch the end pricing. And auction hawks are the most likely to buy snakes in the current economy. If its rare and time constrained it doesn't effect the price. If its extremely common and time constrained it does. *cough clown pied cough*
Your definition of fair market value is flawed. It is the price at which an informed buyer would pay for something, not just the common listing price. Every car dealer in the world wishes it was your definition but that’s not the case lol.
Would be interesting to see you do a more detailed video on auctions and how they really work on morph market. Tips and so forth. Great content as always!
I breed cornsnakes and I saw the price last year get so low that it was not even worth my time making new listings. Even the Amelanistic cornsnakes where bottomed out. It was all of the first time breeders selling there first babies last year. They were selling them below production cost
This is currently happening to hognose snakes as well. First time breeders are selling triple genetic animals at "wild type" prices. It's insane.
Now I know why breeders at expos get pissed off when someone undercuts them by $25.
@@Justin.HeterodonHome well if wild type prices are still good enough to make some proffit it is not too bad, you just don't make alot of money when you buy the expencive animal that you wanted to breed, but my biggest problem is when people are selling them below the cost of breeding.
@@TesseraCraft the only problem is that it will ultimately drive down the prices of wild types as well once people realize they aren't selling. Why get that normal looking hog when you can get the one that was $600 last year for $250 this year?
@@Justin.HeterodonHome well I work with cornsnakes, and cornsnakes are beautiful even as a wild type
@@TesseraCraft So Are hognose snakes. My favorite is the wild pattern individuals. =)
Excellent video! As always, Steven, your analysis is very well supported!
Great delivery and content.
Great video as always 👍🏼
Stop racing toward the bottom. Great content. As usual.
Great video! I love the auctions on MM, I’ve gotten so many BPs for such a great deal on there👌🏼👌🏼
Great content as usual 👍🏻
Great information thank you 😊
I think auction hawks are using auction pricing when thinking about the pricing of these snakes though. It doesn't take that much effort to watch the end pricing. And auction hawks are the most likely to buy snakes in the current economy. If its rare and time constrained it doesn't effect the price. If its extremely common and time constrained it does. *cough clown pied cough*
It’s not a price crash, it’s called capitalism. Its how the world works
Your definition of fair market value is flawed. It is the price at which an informed buyer would pay for something, not just the common listing price. Every car dealer in the world wishes it was your definition but that’s not the case lol.