Comments on: Insider: A Call for a Moral Compass https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:56:36 +0000 hourly 1 By: @adamzak https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31504 Thu, 03 May 2012 22:10:02 +0000 http://www.quietspeculation.com/?p=27095#comment-31504 It's a scarcely known fact in the sales industry that haggling makes for happier parties on both ends. If I post CardX for $10 and someone snaps it up, I immediately think to myself, "Damn, I should have listed it for $12!" If someone comes back and offers me $8 and we settle on $9, then we both walk away thinking we got the best price we could.

I think people taking offence at haggling is a purely western phenomenon derived from what is being perceived as politeness. Saying, "I won't make an offer because I don't want to offend him," is like saying, "I won't tell him he has spinach between his teeth because I don't want to embarrass him."

Western culture is pre-programmed to avoid ever putting someone in a position where the other person may say, "No." This means we capitulate prematurely, often ending in a result that is not ideal to either party. Why do people get apprehensive about asking someone on a date? We're worried they'll say no and that will be uncomfortable. The same theory applies to haggling about price. Never ever be afraid to ask, "Is that your best price." Similarly, never be afraid to ask someone out on a date ;).

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31408 Wed, 25 Apr 2012 19:58:49 +0000 http://www.quietspeculation.com/?p=27095#comment-31408 In reply to Sven.

Your small example is exactly how I like to build good relationships within the MTG community. Even online, where I may never meet these people, I still see repeat names and through back and forth messaging we could become virtual "friends". So any time there's a chance of working with repeat customers, is it not rewarding to be polite and honest even at the risk of not maximizing profit every time?

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By: Sven https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31407 Wed, 25 Apr 2012 19:50:48 +0000 http://www.quietspeculation.com/?p=27095#comment-31407 In reply to Sigmund Ausfresser.

True.

I do believe there is a big difference in trading or buying online (forums, auction sites, market places, …) vs doing it in public (events, …).

Online I know everyone else is able to find what is going on -> I know I am not the only one seeing the auction or reading the topics. If I am able to buy the cards for less that what I hope, I will not hesitate.

If I am trading/dealing in person, I will honestly tell that I prefer to up trade (as a shop owner), but I will always be honest.

Small example = I had a request last week from one of the players around here if I could get him a playset of Food Chains, while I was actually out of stock. I said that I was going to look around and if I was able to find the cards for the current selling price, I would do so. I was able to find them, but in the mean time the price went up. Although I could sell those cards easily for more money now, I will charge that customer the price the cards were on the day he requested them. I still make money and he is a very happy (returning) customer.

Some of those customers are becoming good friends, and that's where the line gets (very) thin though 🙂

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By: pi https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31398 Wed, 25 Apr 2012 13:51:18 +0000 http://www.quietspeculation.com/?p=27095#comment-31398 In reply to Sigmund Ausfresser.

Ok, then I may have misinterpreted something. No problem then.

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31397 Wed, 25 Apr 2012 12:05:04 +0000 http://www.quietspeculation.com/?p=27095#comment-31397 In reply to Sven.

It's not easy, that's for sure! I don't even have a "vendor mode", but I do have a normal trading mode and a trading amongst friends mode. Even switching between these two is difficult. Sometimes nice people give me great deals – should I not try to repay the favor on occasion? If I always take and never give, that can't be healthy for the MTG community, can it?

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31396 Wed, 25 Apr 2012 12:03:03 +0000 http://www.quietspeculation.com/?p=27095#comment-31396 In reply to pi.

I didn't lie one bit, though. I DO want to keep the Vendilion Clique. All the other cards I bought, I hope to sell for profit. But not all of them – that was the point I tried to make to the seller.

The Tutor was not NM, it was EX+ or so. And I use the term "was" because I finally did find a buyer. Ended up pretty much breaking even.

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By: Sven https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31393 Wed, 25 Apr 2012 08:57:01 +0000 http://www.quietspeculation.com/?p=27095#comment-31393 According to me value traders will always have to work in the "grey" area. If they step out of that area, they become vendors (cash flow, taxes, costs, …) and I believe most value traders would not be comfortable with that.

I am somewhere in the middle of that (trader – vendor) and it's a tricky position.
I have an online shop, but I do trade a lot. I do offer money as well, but the most frustrating thing that can happen is that some-one is offering a bit more than me.
Most people can as they don't have to take into account costs (mostly taxes) while I have to…
I know that the other guy will probably sell or trade those cards again for (more) value though.

When I am in "vendor mode" I will ask how much they value their cards/collections. I will always counter propose a lower value. Even if the offer is way too low to begin with. Can't help it… I recently bought P9 cards for less than 30% their actual value by doing that.

When I am in "trader mode" I will always make a decent deal. I am amongst friends, players, trader colleagues and I believe it's the fair thing to do.

The most difficult thing is to switch between those modes 🙁

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By: pi https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31392 Wed, 25 Apr 2012 08:24:55 +0000 http://www.quietspeculation.com/?p=27095#comment-31392 Let me clarify my earlier point, I don't feel you are required to tell people why you need a card. It's just that when you do tell them one thing and then do another it feels wrong to me (unless of course the situation changed, but I did not get the impression that it did). I guess when someone is asking it's hard to not answer the question though, so when you do answer I think you should answer honestly.

No interest in selling the Tutor to me? (or isn't it in the right condition?)

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By: pi https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31391 Wed, 25 Apr 2012 08:24:55 +0000 http://www.quietspeculation.com/?p=27095#comment-31391 Let me clarify my earlier point, I don't feel you are required to tell people why you need a card. It's just that when you do tell them one thing and then do another it feels wrong to me (unless of course the situation changed, but I did not get the impression that it did). I guess when someone is asking it's hard to not answer the question though, so when you do answer I think you should answer honestly.

No interest in selling the Tutor to me? (or isn't it in the right condition?)

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By: Wade https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31386 Wed, 25 Apr 2012 04:01:23 +0000 http://www.quietspeculation.com/?p=27095#comment-31386 I love that this article has so many passionate replies. I don't feel like you did anything wrong in any of these cases. I also agree that why you are trading for a card should not be relevant. If I have a card for trade and you have something I want we agree on value and that should be it. Why I, or you for that matter, want the card (for a deck, to sell, to trade for another card you need) really shouldn't matter so much. I personally feel like trading got much more difficult when mythics came about. Many people say access to online content and decklist affect it but honestly the "Jace 2.0 worry" as I like to call it makes people trade differently. Nothing jumps as drastically as a mythic when it jumps and there are always 1-3 clear cut cards that cost WAY more than everything else (almost always mythic) and people are more picky about trading those cards. They freak because they think you are trading for it speculatively and they are going to loose tons of value and need it for a deck later. That is the real reason people want to know what you want a card for…. just IMHO…for what that is worth.

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31383 Wed, 25 Apr 2012 00:53:10 +0000 http://www.quietspeculation.com/?p=27095#comment-31383 In reply to @wilkc.

I think your point is an interesting one. You are proposing, in essence, that the fact that value traders aren't allowed to deal in cash at tournaments that this "shadiness" exists. Almost like it's an artifact of these rules rather than a personality trait of the traders. When this happens, it seems unfair in a way that the exchange of cardboard should result in monetary gains as opposed to the obvious exchange of cash for cards.

If only there was a convenient way for all those backpack guys to convene near a large tournament location (but off site) to deal in cash without breaking rules.

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By: @wilkc https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31381 Tue, 24 Apr 2012 22:39:31 +0000 http://www.quietspeculation.com/?p=27095#comment-31381 I think the biggest reason to how the IO of the magic trading community is structured is due to the limitations imposed on backpack traders at large events. There should be virtually no difference for people who deal with backpack-for-business and vendors at an event. But there is a huge difference: no cash transactions unless you pay a pretty penny to the TO and get a booth. It is hard for someone to become a respectable businessman when the only transactions they perform by their very nature are "shady". When taking the same approach to "trading" for profit (as opposed to transactions for profit) in general, it seems a bit "standoff-ish" and weird for two people who make an exchange of cardboard that one person has to come out on ahead and its vital to their bottom-line to do so.

If instead cash transactions were allowed to happen, it should allow for some healthy competition between business and backpack traders. In theory, a B&M with large amounts of cards and overhead should always be able to out offer what a backpack vendor can give in cash value on any given card. This is merely an assumption but it seems plausible that the awkwardness of the Magic secondary market is caused by stores with large market power exerting monopolistic control over the market.

This is just a hypothesis of mine. I hope it makes some sense.

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31380 Tue, 24 Apr 2012 22:24:55 +0000 http://www.quietspeculation.com/?p=27095#comment-31380 In reply to Gus Landt.

There is a worse case than the one you cited – if dealing with someone who is perhaps in a bad mood, or emotional, or what have you. Then you may get snapped at if you're too aggressive. You've never had that happen before? Maybe it's something that happens more frequently on MOTL because there is no face-to-face interaction and people tend to be more abrasive online.

Glad to have your support though, I agree the cards are mine to do with what I please 🙂

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By: Sigmund Ausfresser https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31379 Tue, 24 Apr 2012 22:22:36 +0000 http://www.quietspeculation.com/?p=27095#comment-31379 I love all the discussion so far. Thanks everyone for their comments!

To clarify one thing on the Clique – I meant to say that the Vendilion Clique WAS in fact a 4th card for my set. In fact, it was the only card in the lot that I DID want to keep. The rest I hope to sell. So I told the seller I wasn't planning on buying his cards just to make profit – I in fact wanted at least one of the cards for myself. At the time this seemed reassuring to the seller, though after the transaction was complete he was a good sport about it.

As for the Grim Tutor situation, I did get snapped at for making an aggressive offer on an already-fairly priced card. This upset me, and I'm glad to hear from people that I was not in the wrong for attempting to negotiate further.

I never lie about values and the like. I often encourage people to look up cards when they don't know their value. I'm not out to find the ignorant trader who values their personal tutor at $15…to me that's "grey". I'd rather trade based on accurate values and grind out value more transparently, or by picking up cards on the up swing.

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By: Gus Landt https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31378 Tue, 24 Apr 2012 21:14:09 +0000 http://www.quietspeculation.com/?p=27095#comment-31378 I only see two ways in which a "moral compass" is involved with a magic trade – theft and lying.

Theft is obvious. I don't think anyone could make an argument for stealing cards.

Lying is the only 'grey' area. When you see a Personal Tutor in someone's trade binder and let them know you are interested, and they ask "what's it selling for?", here is, IMO, the only place morality enters into trading. Do you tell the full truth and say "it's actually jumped up to ~$40"? Do you try to skirt the issue and ask "what do you value it at?" Do you deceive and say something like "when i checked last weekend it was at $15"?

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By: Tyler https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31376 Tue, 24 Apr 2012 17:58:42 +0000 http://www.quietspeculation.com/?p=27095#comment-31376 In reply to Michael Wang.

Good point. Having a trade partner complain about a trade (especially while in the process of the trade) is akin to a customer complaining to a dealer or store about how they're trying to making money by selling them cards.

I think that transparency is important. As in, don't lie about card value or why you want the cards. But don't feel ashamed. If people are selling a good at $X and you offer then $X-y and they accept, great. That's called selling something.

If they get upset about the offer, then it seems they aren't cut out for dealing with people. 🙂

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By: Michael Wang https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31372 Tue, 24 Apr 2012 15:25:10 +0000 http://www.quietspeculation.com/?p=27095#comment-31372 I can’t speak as much to the quick sale but as far as trading and being perceived as a shark I’m generally pretty open about telling people that in trading for value unless they have particular cards I’m speculating on/ditching involved. I think what it comes down to is that we are trading on cash/seller prices and we want to trade with people who value their cards as buyers and exploit those discrepancies in value. When I get called out for being a value I respond as Kelly often does that we are providing a service. The trader needs to decide whether or not it is worth his time and effort to find a buyer sell the card and acquired the card he wants at retail or to give up a little and get the card immediately.

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By: Gus Landt https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31368 Tue, 24 Apr 2012 15:15:51 +0000 http://www.quietspeculation.com/?p=27095#comment-31368 I honestly don't understand anything in this article. Why should someone care why I want their Vendilion Clique? If they have one for trade, and value it at $X, why the hell would they care why I want it and what I plan to do with it? If they want to change what they value it at because of who I am, I would be PISSED.

This isn't 1993 anymore. Everyone knows exactly what every card sells for. There is no hidden information.

Same with Grim Tutor. If I walked into a B&M store and saw a Grim Tutor for $20 in their binder, I'd have no problem offing them $15. Why the hell wouldn't you at least try to get an even better deal? When I walk into a Walmart, I know I have to pay the listed price because no one can negotiate. But if I'm in a mom & pop store, and either mom or pop is running the till, obviously I'm going to ask for a lower price. Who wouldn't? All their gonna say is "sorry, I can't go lower".
At the trade tables I constantly hear the following exchanges:
A: "What do you value this card at?"
B: "$20"
A: "could you do $18?"

To me, that's just common sense – always ask for a better price. The worst that should happen is:
B: "Nah, I won't trade it at less than $20"

But the thing I simply can't wrap my head around is why someone would care what you're going to do with the card after you get it. After the trade/sale, the card belongs to me to do with as I please. Are there really people out there who will only trade you cards if they think you are going to play with them? If so, can someone give me an insight into their mind?

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By: pi https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31364 Tue, 24 Apr 2012 09:09:59 +0000 http://www.quietspeculation.com/?p=27095#comment-31364 Regarding the Clique, it feels wrong to me. If you're saying it's for a playset I would expect you to not trade or sell it anytime soon, anywhere. Where you then do move it would not be relevant. I think I would have said something differently in your case, though not sure what, because when I trade or buy a card like that it tends to really be for a playset I won't touch anymore. I'm really not sure what you could have said to not get pigeonholed.

Regarding the Grim Tutor, I think your actions make sense, assuming his price was fair. I would think you're free to try to get more for it than what he asked. If you feel more comfortable selling through oither channels, I am looking for a NM one if the price is right…

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By: pi https://www.quietspeculation.com/2012/04/insider-a-call-for-a-moral-compass/#comment-31363 Tue, 24 Apr 2012 09:09:59 +0000 http://www.quietspeculation.com/?p=27095#comment-31363 Regarding the Clique, it feels wrong to me. If you're saying it's for a playset I would expect you to not trade or sell it anytime soon, anywhere. Where you then do move it would not be relevant. I think I would have said something differently in your case, though not sure what, because when I trade or buy a card like that it tends to really be for a playset I won't touch anymore. I'm really not sure what you could have said to not get pigeonholed.

Regarding the Grim Tutor, I think your actions make sense, assuming his price was fair. I would think you're free to try to get more for it than what he asked. If you feel more comfortable selling through oither channels, I am looking for a NM one if the price is right…

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