Comments on: Insider: Everything You Need to Know About Selling to Dealers, Pt. 2 https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:25:24 +0000 hourly 1 By: Kelly Reid https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-625187 Fri, 24 Apr 2015 13:28:37 +0000 http://www.quietspeculation.com/?p=59238#comment-625187 In reply to David Schumann.

I think the ipad is a fine tool to spot check, but you have to match the speed and rhythm of the buyer. You can tell them to separate cards you want to look up, and while you research, you can keep confirming / denying other offers.

That said, shame on you for not having your stock in Trader Tools so you can just open up the list and check as you go.

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By: Kelly Reid https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-625181 Fri, 24 Apr 2015 13:27:17 +0000 http://www.quietspeculation.com/?p=59238#comment-625181 This is exactly what I’d tell a new trader. Expertly crafted.

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By: David Schumann https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-620669 Thu, 23 Apr 2015 19:35:34 +0000 http://www.quietspeculation.com/?p=59238#comment-620669 In reply to Ben Roome.

I definitely agree with not telling them what you’re looking for immediately. I will say that I’ve sold to quite a few dealers at GPs and I do “Ogre” my stuff ahead of time and usually the good dealers are happy to work with you, sure sometimes they will still try to get something lower, but they rarely push you on anything. However, the one issue I can see with using your phone to check the prices…is that it can add a LOT of time to the transaction and you have to remember the buyers “time” is VERY valuable at a major event. If it takes them 5 seconds to look up a price on a card and you 5 seconds to look up one..that’s 10 seconds per card…or 6 cards per minute…if you’re selling 300 different cards…you’re taking up 50 minutes…and that’s at one dealer..if you’re planning on taking the same stuff to different dealers to get the best offer…you’ll use up a LOT of dealers time.

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By: Ben Roome https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-620367 Thu, 23 Apr 2015 18:45:03 +0000 http://www.quietspeculation.com/?p=59238#comment-620367 I really like the insight about not being totally up front about what you’re looking for. I have always told vendors what I’m looking to get, and I’ve found some of them will low-ball you if you are on the hunt for duals, etc. I also really like the idea of sitting across from them with a phone and a copy of their own buy list. I feel like some people have tried to rush me through a deal, and its awkward. If you are just really friendly and show up with an “I’m gonna give you guys a lot of stuff, but I’m gonna check what I’m not sure about” approach, it makes everything more relaxed and happy.

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By: Wood Young https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-619803 Thu, 23 Apr 2015 16:58:57 +0000 http://www.quietspeculation.com/?p=59238#comment-619803 I’m fairly new to MTG finance and this series was incredibly insightful. Thanks for the effort and I look forward to reading more from you.

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By: thehordling https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-618828 Thu, 23 Apr 2015 14:03:03 +0000 http://www.quietspeculation.com/?p=59238#comment-618828 I hadn’t thought of the psychological part; excellent article thanks!

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By: James Balyszak https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-618532 Thu, 23 Apr 2015 13:02:23 +0000 http://www.quietspeculation.com/?p=59238#comment-618532 Excellent articles! Really great read, and quite helpful for folks who are looking to out cards at events with multiple vendors. Being friendly and striking up a pleasant conversation really does go a long way towards getting the buy prices you are looking for. At the recent SCG in Syracuse, I had a great experience with a smaller vendor just through having a pleasant conversation while selling to them. After our transaction had been completed, I simply asked how much they were offering on Abrupt Decays. The owner quoted $X.xx, which I politely declined. Later, he actually caught up with me at the event and asked what I was looking to get for the Decays. I quoted $Z.zz for 15 Decays (a pre-determined Out price that I was comfortable with to lock in profits), and he accepted. This was above what any other vendor was paying them, and I attribute a lot of this sale to our initial professional and courteous experience.

I have also found that Ogreing Boxes works quite well when selling to vendors at events. By having the cards pre-organized by buy price ($0.05, 0.10, 0.25, 0.50, etc.), the vendor can look through the organized pricing sections and quickly say whether or not they will buy the card at the specified price. One vendor actually thanked me for providing cards in such an organized fashion, as it made the process faster/smoother for them. This can in turn lead to more favorable offers from them ; )

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By: Mike Lanigan https://www.quietspeculation.com/2015/04/insider-everything-you-need-to-know-about-selling-to-dealers-pt-2/#comment-618377 Thu, 23 Apr 2015 12:31:00 +0000 http://www.quietspeculation.com/?p=59238#comment-618377 I’ve been doing most of these things for a long time. They work. You did a great job of summarizing this process and laying it out so it’s easy to see. Great article series.

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