Put Some Allis Stuff For Sale...
Printed From: Unofficial Allis
Category: Allis Chalmers
Forum Name: Farm Equipment
Forum Description: everything about Allis-Chalmers farm equipment
URL: https://www.allischalmers.com/forum/forum_posts.asp?TID=27567
Printed Date: 27 Feb 2025 at 11:52pm
Software Version: Web Wiz Forums 11.10 - http://www.webwizforums.com
Topic: Put Some Allis Stuff For Sale...
Posted By: Steve-Ohio
Subject: Put Some Allis Stuff For Sale...
Date Posted: 19 Mar 2011 at 4:10pm
|
Selling at no reserve:
http://cgi.ebay.com/Allis-Chalmers-Snap-Coupler-Dirt-Scoop-/200588626805?pt=LH_DefaultDomain_0&hash=item2eb4038b75 - http://cgi.ebay.com/Allis-Chalmers-Snap-Coupler-Dirt-Scoop-/200588626805?pt=LH_DefaultDomain_0&hash=item2eb4038b75
http://cgi.ebay.com/Allis-Chalmers-Snap-Coupler-3-Btm-Plow-w-Yetter-Coult-/200588629620?pt=LH_DefaultDomain_0&hash=item2eb4039674 - http://cgi.ebay.com/Allis-Chalmers-Snap-Coupler-3-Btm-Plow-w-Yetter-Coult-/200588629620?pt=LH_DefaultDomain_0&hash=item2eb4039674
|
Replies:
Posted By: jaybmiller
Date Posted: 19 Mar 2011 at 5:35pm
|
Can you explain to me what the difference is between 'no reserve' and yet have a 'starting bid' posted ? I asked ebay many moons ago, don't remember what if anything they said.
My way of thinking is that 'no reserve' means if I bid 2 bucks and no one else outbids me I'd get it for $2.To me a 'reserve' ,in this case the $425 'starting bid', means that's the lowest amount I can bid.
Am I looking at this wrong ???
Just looking for some idea of where I'm going wrong in my thinking process....
------------- 3 D-14s,A-C forklift, B-112 Kubota BX23S lil' TOOT( The Other Orange Tractor) Never burn your bridges, unless you can walk on water |
Posted By: Lester
Date Posted: 19 Mar 2011 at 5:53pm
| I would say 425.00 is a reserve !! |
Posted By: Steve-Ohio
Date Posted: 19 Mar 2011 at 7:00pm
|
The way I understand the term "reserve" (but by far I am no expert) is that there is a secret price that the item must bring in order for it to sell, if item doesn't bring that price it does not sell. No reserve is that once a bidder bids the minimum starting bid the seller has put on the item, the item is going to sell to whoever is the highest bidder.
Basically when I sell something I just want to start it at the least I would take for the item, that way I don't have to fool around with paying extra to ebay for a "secret reserve", as ebay fees already eat me up as it is.
Lester-They don't make them anymore brother!!!
|
Posted By: Chris/CT
Date Posted: 19 Mar 2011 at 7:09pm
| With my somewhat limited EBay knowledge, Does posting with a "reserve" cost more in EBay fees? I'll answer my own question here, yes, based on what I just read. Now if I start the bidding at my minimum acceptable price and someone pay's it, the fee is same or less than "reserve", I'll assume it is less. If so, best option is not using a "reserve". I don't care about EBay fee's, how can I expect them to run this operation for free? Options for selling items are limited, you have to use all the options available to oneself. |
Posted By: GlenninPA
Date Posted: 19 Mar 2011 at 7:58pm
|
A reserve is just a way to gauge buyer interest. When a reserve is set, the starting bid means nothing. In fact, no bid under the reserve means anything, except to tell the seller if they have a market at some price.
When using a minimum bid, with no reserve price specified, the minimum bid becomes the "de facto" reserve, and it is met by the first bid.
If you are trying to find out what buyers are willing to pay, and you set the minimum bid too high, you get no bids, no information, and have just wasted the listing fees.
If you are serious about selling an item, set the minimum at the lowest price you would accept, and let 'er rip. This will minimize the listing fees, and sell your item, if there is a market for it at your price.
Steve is using eBay as it was intended.
|
Posted By: wkpoor
Date Posted: 19 Mar 2011 at 8:32pm
| What I hate is when someone lists something that has obvious value say of 500.00 and they list it for say a dollar no reserve. Thats people cheatin the system. Cause if it really does stay low they will just get their buddy to run it up or make sure it goes to where they want it to. Basically however you slice it or dice it.......there is a reserve. |
Posted By: EricPA
Date Posted: 19 Mar 2011 at 8:57pm
|
GlenninPA wrote:Posted By: NCAllisnut
Date Posted: 19 Mar 2011 at 9:05pm
|
Hey Steve,
That #4 subsoiler behind the plow looks familiar!
Adam
|
Posted By: GBACBFan
Date Posted: 19 Mar 2011 at 9:16pm
|
It will be interesting to see how the scoop sells. My theory is that items with a starting price close to or at market price rarely sell on eBay, but I may be all wet. People bidding at an auction, be it live or electronically, want the opportunity for a "good buy", even though the fever of competition sometimes drives them to pay over market price. We'll see. ------------- "The trouble with quotes on the Internet is that you can never know if they are genuine." - Mark Twain |
Posted By: LouSWPA
Date Posted: 19 Mar 2011 at 9:36pm
I personally know of a fella that was booted from E-Bay for just such practice! He tried to open an account under a new ID and using his wife's credit card, but they traced it back to his IP/MAC address and booted him again! the first time it was a suspension for a given time, second time it was a total ban. ------------- I am still confident of this; I will see the goodness of the Lord in the land of the living. Wait for the Lord; be strong and take heart and wait for the Lord. Ps 27 |
Posted By: FredinInd
Date Posted: 20 Mar 2011 at 12:53am
|
I see at least 4 scoops in one of those pics of the scoop! Ones painted and all prettyed up. I have never sold anything on ebay. Don't even know how or what their charges are for selling an item. The way I understand Steve is selling the scoop is that if someone bids $425 and no other bids above that are bid, it's sold for the $425 min. bid. No different than him setting it out by the road and putting a For Sale sign with the $425. Only difference is it sounds like he makes more money selling it out by the road for $425 than he would selling it on ebay for $425 minus ebay fees. ------------- Oh well, I won't do that again! |
Posted By: GBACBFan
Date Posted: 20 Mar 2011 at 8:39am
|
One difference, Fred. If it's setting beside the road for $425, there is zero chance of selling it for more than $425. On eBay Steve has the opportunity to sell it for more than $425, but he pays eBay fees for the opportunity for profit over $425. If I was selling something like that on eBay I wouldn't want to loose money on it, and that's the honorable way to do it. ------------- "The trouble with quotes on the Internet is that you can never know if they are genuine." - Mark Twain |
Posted By: ChuckLuedtkeSEWI
Date Posted: 20 Mar 2011 at 11:58am
|
Ebay fees are roughly 9% plus the listing fees, so you go from there. Even if he sells it for 425, he's gonna loose 40 bucks off of the top. Maybe even more if he accepts the money through paypal as they get a cut for the transaction too. Ebay has it's pluses and minuses. I agree with GBACBfan, it's fun to bid on things on ebay, that's half the battle. But I can understand having something of value and with local pickup it's a crap shoot to find two bidders that both want to bid on it. If you don't have at least two serious buyers, you can get screwed fast. But Ebay has been on the rise compared to where it was a year ago, so I think that you would be safe. It's just whether or not you want to take the risk. ------------- 1955 WD45 diesel 203322 was my dad's tractor, 1966 D15 23530, 1961 HD3 Crawler 1918, 1966 D17 IV 83495, 1937 WC 41255, 1962 D19 6221 |