Comc question

[Grid]

But I'm in the minority here it seems so I'm backing out of this thread. Most people don't mind having their money sitting in an account for days waiting to hear back on an offer I guess. And excluding the casual user of that website seems just fine for most sellers who don't want to be bothered with a potential sale.

I get it that COMC is set up for sellers not buyers. But since I buy and don't sell on there apparently its not catering to me. Foolishly I thought any business could use more customers. But if this is the mindset of sellers on that site I'm not shocked to see the same cards sitting in their "store" for months and years.

The silliest of all to me is that these sellers are just pitted against each other. So its not the buyers looking to low ball them on standard listings. Its who is willing to slit their own throat to make a sale. So many cards are the same. And you'll see one listed for $9.99 and the identical one next to it is $9.98. So the next seller that lists that card is going for $9.97 or just dump the floor and sell theirs for $5.00. Would you buy one for $9.99 when you can have the same card for half that? Buyers are your friends sellers. Some friends are foolish and give you a hard time but dont lock yourself in a room to avoid all of them. Its the other sellers you have to watch out for!

Same card, same swatch, mostlyu the same sig. So when I'm shopping why would I buy the $13.25 version when i can have the same card for $6.26?
2014 Panini Select #212 - Marqise Lee /149 - COMC Card Marketplace

Clearly everyone thats saying the current system on this thread is awesome are sellers. It reminds me of that card show at your local Holiday Inn that takes place every weekend. Its the same 10 guys trying to get a buck each for their Topps base cards and grumbling that the internet is ruining card prices and wondering why no one is showing up to their shows any more... Just like in any business sometimes you have to tickle the buttholes of the buyer to get them to spend some dough. You might not like doing it but if it means more money for you...

[Grid]

Originally Posted by ernieren

Ok again here's the issue you have 30 days to get money back so why not leave it in comc until say day 25? Then no reason to keep putting money in or taking it out. It's an issue you are creating . Then the guy who puts 500 in to make an offer might find out that said buyer isn't taking offers .

So here is one thought COMC can make one change add to the sellers name what percentage off they take on a daily basis ? That way you would at least know if they would even take your offer.

Because i don't want some card site holding my money for 25 days. I dont want to worry about it. Why would I? Are they paying me interest? Or are they holding up my money from being used on something else? Thats what my issue is. I'm pulling my money back out to spend on another site. Then something new might pop up on COMC so I put my money back in. But something there might not be something new for months so I wont let my money sit. And if does sit for 31 days I pay a penalty to get it back.

The % off wouldn't help. I have no issues with how they allow offers to be made outside of them making me put money in their site just in case.

[JustMoe]

Originally Posted by COMCMax

I'd be ok with them setting up offer system for higher end items without the funds.

COMC actually had something like this in place, when the Vault was up and running; buyers could offer a "down payment" on a high-end card, then pay the rest within a specific time-frame.

The card was put "on hold" and if the balance was added by the buyer, then the transaction was completed. If the buyer bailed, then the card owner received the down payment and the card was put back on the market...

[ernieren]

Haha its really a no win with you. Comc came up with a service to protect both the buy and seller from the ebay issues. You would much rather deal with ebay issues it seems . Even if i didn't sell on COMC if i added money in for cards i wanted i would leave it there because possibly one day that week , month (s) from now i would want to get and guess what that money is in my acct . I would also look into making money from the site by looking for deals either to sell on the site at more money or have returned to me to sell on ebay or other sites. You have so many options by leaving money in your acct shoot if you have money in your bank what kind of return are you really getting?

[Grid]

Originally Posted by ernieren

Haha its really a no win with you. Comc came up with a service to protect both the buy and seller from the ebay issues. You would much rather deal with ebay issues it seems . Even if i didn't sell on COMC if i added money in for cards i wanted i would leave it there because possibly one day that week , month (s) from now i would want to get and guess what that money is in my acct . I would also look into making money from the site by looking for deals either to sell on the site at more money or have returned to me to sell on ebay or other sites. You have so many options by leaving money in your acct shoot if you have money in your bank what kind of return are you really getting?

Not trying to win anything here. I was just sharing the same frustrations that the OP had. But to answer your question I do gain a fraction of penny for each dollar I leave in the bank. But my bank doesn't charge me a 20% fee like COMC does when I go to pull my money back out on the 31st day

You might be fine leaving money in your account. But if I suddenly needed my money for something else and I had to forfeit $20 for every $100 I had in there I wouldn't be OK with that. Its an unneeded and unwanted risk that I, the buyer, just doesn't want to shoulder.

[DalliLlama11]

Originally Posted by Grid

In the current system money is tied up right away so the seller can hold the money in my account for what, 72 hours while they think about it? So for the next 3 days I cant shop or make any more offers without dumping more money in the account. So if I cant come to an agreement with the seller I now have a ton of my money in this website that i now have to go back in and transfer some of it back out. Not every collector can keeping throwing money around. Some people only use a debit card you tie up my money and that could be a problem. Thats not saying they cant afford what they are trying to buy. But just dumping money into the account for a chance that an offer might work is crazy to me.

I and the OP were talking about high dollar cards. Yes it would be a pain in your $1.00 example. So set a cap. If you are making offers on dollar cards maybe this cap would keep you from doing so.

But the biggest pain is making an offer on a $500 card (like what started this thread) and have all that money tied up for days while the seller thinks about it or if they are on vacation or just plain dragging their feet. Its things like that, and the pain of dumping and pulling money from an account, that turns me off from making offers.

Again though, you are in the minority with that sitatuion. And realistically the company is going to cater to the majority and not the minority. Every company has issues and always sides with the side that will make majority of their customers happy. Yours wouldnt because it essentially becomes Ebay and people can just go to Ebay. comc wants to be its own company with its own lure, so its going to operate differently.

I understand your issue and why it would annoy you. Its just not feasible when the way they operate is why so many of their customers like and use them. They change that and they get a lot of unhappy people. If i was in your situation, I am sure I would be on your side. But I dont have an issue of waiting 3 weeks for money to get back to me from Paypal because my card company works quickly.

[ernieren]

Originally Posted by Grid

Not trying to win anything here. I was just sharing the same frustrations that the OP had. But to answer your question I do gain a fraction of penny for each dollar I leave in the bank. But my bank doesn't charge me a 20% fee like COMC does when I go to pull my money back out on the 31st day

You might be fine leaving money in your account. But if I suddenly needed my money for something else and I had to forfeit $20 for every $100 I had in there I wouldn't be OK with that. Its an unneeded and unwanted risk that I, the buyer, just doesn't want to shoulder.

Well i get where your coming from but at the same time you are making it hard on yourself . and yes your bank gives you very little money to keep it in your acct. at the same time they will gladly charge you a fee on all sorts of things. Comc is not trying to make you keep the money there and to give you 30 days for a return is a long time . Shoot you sell with ebay and they over charge you they don't refund you to your bank acct or paypal they give your acct a credit and you can't buy anything with that just fee credit. Comc has done this for how many yrs now and no issues so a change to this system won't happen. You also have to realize if you pay by paypal to comc they lose money on that but still give you full credit. so they make some of that back when people cash out .

[Grid]

Originally Posted by DalliLlama11

Again though, you are in the minority with that sitatuion. And realistically the company is going to cater to the majority and not the minority. Every company has issues and always sides with the side that will make majority of their customers happy. Yours wouldnt because it essentially becomes Ebay and people can just go to Ebay. comc wants to be its own company with its own lure, so its going to operate differently.

I understand your issue and why it would annoy you. Its just not feasible when the way they operate is why so many of their customers like and use them. They change that and they get a lot of unhappy people. If i was in your situation, I am sure I would be on your side. But I dont have an issue of waiting 3 weeks for money to get back to me from Paypal because my card company works quickly.

I would have to disagree with this completely. I would think the majority of buyers would prefer to not have to overload their account with money in order to make offers if given the option. And what I suggested would simply add more buyers to the pool. So COMC would add new blood and sellers would than get more offers. So they wouldn't "just" be catering to the majority instead they would be implementing a system that would work for the masses. Sure Walmart sells more Coke than Mountain Dew. But by offering both they ensure everyone shops with them. Not sure why anyone would be unhappy with this change if it could lead to more business. Again the card would still be available for the next person to buy it if the buyer wants to risk being banned and doesn't pay. No one is out anything but a few seconds and an email.

And its not just about holding up my money for weeks. Its about me even having to deposit and withdraw at all when an offer doesn't go through. And if I just leave my money in there, like ernieren likes to do, I dont want to lose 20% of my cash on the 31st day if I dont see anything I want and decide to pull out.

Some of you think its great the way it is. I'm just saying I dont so I dont use it. I've said before the site otherwise is awesome and I still use it. Just due to, what I see as a flaw, I dont make offers for the very reason i stated. I'm not trying to start a boycott so I dont see what all the fuss is about. Looking at my eBay bucks I spend about $1K per month on there. I've spent $100 on COMC over the past 90 days. So I have disposable income and that site isn't getting much more of it besides some lowend filler cards.

Moving on now. There is nothing anyone can say about this matter that will make me go "You're right, this is a much better way for me to buy cards". I get it that you all like the feature as a seller. But as a buyer this does not benefit me at all. The rest of the site is great. The offer features, for me, sucks. That is all.

[DalliLlama11]

Originally Posted by Grid

I would have to disagree with this completely. I would think the majority of buyers would prefer to not have to overload their account with money in order to make offers if given the option. And what I suggested would simply add more buyers to the pool. So COMC would add new blood and sellers would than get more offers. So they wouldn't "just" be catering to the majority instead they would be implementing a system that would work for the masses. Sure Walmart sells more Coke than Mountain Dew. But by offering both they ensure everyone shops with them. Not sure why anyone would be unhappy with this change if it could lead to more business. Again the card would still be available for the next person to buy it if the buyer wants to risk being banned and doesn't pay. No one is out anything but a few seconds and an email.

And its not just about holding up my money for weeks. Its about me even having to deposit and withdraw at all when an offer doesn't go through. And if I just leave my money in there, like ernieren likes to do, I dont want to lose 20% of my cash on the 31st day if I dont see anything I want and decide to pull out.

Some of you think its great the way it is. I'm just saying I dont so I dont use it. I've said before the site otherwise is awesome and I still use it. Just due to, what I see as a flaw, I dont make offers for the very reason i stated. I'm not trying to start a boycott so I dont see what all the fuss is about. Looking at my eBay bucks I spend about $1K per month on there. I've spent $100 on COMC over the past 90 days. So I have disposable income and that site isn't getting much more of it besides some lowend filler cards.

Moving on now. There is nothing anyone can say about this matter that will make me go "You're right, this is a much better way for me to buy cards". I get it that you all like the feature as a seller. But as a buyer this does not benefit me at all. The rest of the site is great. The offer features, for me, sucks. That is all.

Most of the people don't have to "overload their accounts though. That is what you aren't getting. A ton of the buyers are sellers also. Sure there are some that just buy. But more people seller and use that to buy on there. So they don't have to overload their account, let alone stock it at all.
Your scenario isn't the same as Walmart offering 2 types of soda though, I gave you an example where the buyer loses out on a card simply because a seller was quicker to respond. You didn't address it though because it would be a valid scenario. I offer most of offers at night then go to bed seeing results in the morning. If I lost out on one particular card because the order in which my offers were accepted, I'd be pissed. That is something that should not be held against the buyer, and COMC prevents that by requiring the money to be in the account.

No one is trying to convince you to change your mind (at least I'm not). I understand it doesn't work for you, and that sucks because it is really nice. I just wanted to inform you of why your situation would not really work and may be ideal for you, but again doesn't work for everyone. There is always going to be issues and some people that the system doesn't work well for. Unfortunately, this one is bad for you, yours could be bad or 1,000s of other people. Hopefully I didn't come off like a **** because that wasn't my intention. Have a good day.

[chriscooper40]

Originally Posted by 37Jetson

I like COMC just the way that it is. I am sure the OP would be low balling the subject card and have the offer rejected anyway, but that would be for another thread.

COMC does a very nice job of funneling transactions through their site versus "off Ebay" type sales.

I was going to offer him 350, not a lowball offer

[jcayce]

I think you can only offer 50% off asking price. I maybe mistaken though.

[chriscooper40]

Well here is my opinion on comc.

There business plan is smart but flawed and there's no way you can disagree with that.


i have no facts to back this up but I'm going to guess that of the people that know both eBay and comc exist about 90% use eBay to buy most of their cards online(excluding forums). So if the comc system was set up well I'm pretty sure that people would buy a lot and a majority of their online purchases their.



Just my opinion and I don't mean to bash or offend any1

[MeetJSquared]

I used to be a seller, now I'm only a buyer on COMC. I just add $100 or so at a time, and while I agree with Grid on some points, I do think that changing the current format would probably result in more lost current customers than new ones.

I use both eBay and COMC to buy, just depending on what's available. But I don't go on COMC looking for anything over $10, so that's where I might differ with others. Obviously eBay has the greater selection overall, but I'm almost always going to COMC for anything low-end because of the saved shipping, and no hassle offers.

I've looked for high-end stuff before, but that's when I was selling and had hundreds in my account from sales, not from adding using CC/Bank Account, and wanted to buy cards instead of cashing out. I think part of the problem is the high-end market there. Most of it is overpriced, but I'm sure those sellers are targeting the other sellers looking to buy cards with credit instead of taking the 20% hit. And as far as COMC goes, I don't think there's much of a benefit to them for high-end as the price structure/submission costs reflect a high-volume of low-end cards.

[JustMoe]

Originally Posted by jcayce

I think you can only offer 50% off asking price. I maybe mistaken though.

COMC sellers can determine what percentage offers they'll accept, either automatically or will allow buyers to make. Some sellers won't accept offers at all - everyone is different.