Re: 2012 Bang or Bucks
OK... You say "A Free Agent Card can not sell more than it's value." So, say I put up a card that was bought at $25k... Basically, nobody is allowed to bid over $25k for that card and if someone bids exactly $25k, they win automatically then...? Guess I just don't get that, if someone wants to pay more for it, why they aren't allowed to...
Another question I had pop up in my head: If we decide to sell a card via Free Agency, would we be allowed to put a "Reserve" on it, if we wish? In other words, if we are selling a $25k card, can we put a reserve on it saying that, if bidding doesn't go over $15k, we reserve the right to not sell the card? If that doesn't make sense, hopefully this clip from Ebay will better explain what I'm sayng:
Except, in our case, I assume we'd have to make the reserve price known.
-Bill
OK... You say "A Free Agent Card can not sell more than it's value." So, say I put up a card that was bought at $25k... Basically, nobody is allowed to bid over $25k for that card and if someone bids exactly $25k, they win automatically then...? Guess I just don't get that, if someone wants to pay more for it, why they aren't allowed to...
Another question I had pop up in my head: If we decide to sell a card via Free Agency, would we be allowed to put a "Reserve" on it, if we wish? In other words, if we are selling a $25k card, can we put a reserve on it saying that, if bidding doesn't go over $15k, we reserve the right to not sell the card? If that doesn't make sense, hopefully this clip from Ebay will better explain what I'm sayng:
If you don't want to sell your item below a certain price, you can create an auction-style listing and a set a reserve price. The amount of your reserve price isn't shown to your bidders, but they will see that your listing has a reserve. If you don't receive a bid for at least the amount of your reserve, you aren't obliged to sell your item. Once the reserve price has been met, the reserve price is no longer displayed, and you're obligated to sell your item to the winning bidder.
-Bill
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