Monday, February 7, 2011

Leaving eBay Sale in Progress

So here is the deal... After more than a decade on eBay, most of it as a power seller in one form or another, the system has finally worn me down. The fees are through the roof, the feedback system screwy, and the ratio of wonderful buyers to those who cause migranes has been steadily dropping. Plain and simple, more and more it wears on me, and it is just not worth my mental health, especially when I look at how much fun and enjoyment I have been having as an amateur photographer.

I also know there are a lot of people who watch my items, and wait and wait, hoping that on many pieces I will drop my already low prices. Everyone loves a great bargain, me included. What many don't realize, is that in many cases it is actually MORE profitable for me to give the items away. Yes. I said give them away. While some offers may seem fine from the buyer's side, they don't see the eBay fees, PayPal fees, and other costs including $50 every couple of months for large tissue paper, etc. On a $700 offer on a coat that retailed for $700 and I am looking at closer to $1200, by the time eBay and the rest is done, my net is around $550 or less... And trust me... Come end of the month when I have a $1000 invoice from eBay and PayPal, I value that in which items I gave away for the right to sell. Add the headaches, time, and it quickly drops.

Take the same said coat. I can show its retail of $7K, show where others list it at $1995, as well as even show where it or similar ones have sold for $1500 - $1800 recently. I can just as easily donate that coat to one of numerous charities, document its value, and voila! I actually net more on my tax return through donations... as well it is far more convenient and gives me a warm feeling that these beautiful items will go to a great home and help the less fortunate... WIN! WIN!

Granted, I would prefer to sell for $900 - $1200, but it does show that I have far better options than accepting very low-ball offers.

The long and short... I want to be cleared out and liquidated by spring or so. If you have an item that you have been coveting but waiting hoping for a lower price... Make a serious offer and lets see if we can work a deal. If not, especially with the rarer pieces... best of luck. Maybe my donations will make their way back on here, or more than likely a fashionista will scoop up the find... I win in multiple ways since the transaction is painless, I still make out with a decent valuation, and more enjoyably actually, eBay is not pimping out my time and sanity. That to me is a huge win on its own.

At some point, I am just going to start pulling items and making regular trips to drop them off. It is something that I am in no hurry to do, but I also don't want to drag it out either.

Don't miss your chance. Many items I have only seen once or twice over a decade.

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