Port Sale Offers

By popular demand we have created a new Port Sale offer system. The old system had some limitations for dealing with large offers. Now it is pretty slick and completely automated. So feel free to start posting Port Sale ads again.

All Port Sale ads will get the new Send Offer button.

Port Sale offers must be at least 20% of the total asking price or 10% of the total book price. If the buyer does not have enough funds in their account to cover the offer, the seller will recieve a Request For Proposal (RFP) instead of a traditional offer.

New Offer Related Functionality

RFP – This is a Request for Proposal. It could be thought of as an unfunded offer. This allows people to make offers on entire ports without first having the required store credit in their account. When the sellers accepts an RFP, it doesn’t immediately execute the transaction. Instead it goes back to the buyer as a proposal. The buyer will have to acquire the required store credit before the proposal can be accepted and the transaction executed. Just like normal offers, RFPs can be negotiated back and forth. The only difference is that the buyer’s store credit is not locked while the transaction is still open.

Less than 50% offers – When making an offer on a Port Sale, we allow you to offer less than 50% of the total asking price.

Accepting offers with sold items – When an offer has one or more items sold we only allow you to send a counteroffer. However, if you are the buyer and you counteroffer with the seller’s originally proposed price, we will now automatically push the offer through. This is particularly useful when trying to negotiate Port Sale offers or other large offers.

Removed Items – If items sell before a buyer or seller gets a chance to respond to an offer, those sold items must be removed from any counteroffers. In the past we didn’t make it obvious which items had been removed from previous offers. Now if that is the case, we show you a list of any removed items when viewing an offer. This is enable for open offers as well as all historical offers.

Paged Offer Details – We used to always show all items in an offer on the historical offer details pages. Unfortunately this made the Offer Details page useless when an offer had thousands of items. Now we show 10 items per page just like any of the Make Offer or View Offer pages.

14 thoughts on “Port Sale Offers

    • I’m confused, “Port Sale offers must be at least 20% of the total asking price or 10% of the total book price.” but…. “Less than 50% offers – When making an offer on a Port Sale, we allow you to offer less than 50% of the total asking price.”

      Example, port with total BV of $20K, asking price of $12K, but mention that they will accept a $5K offer. $5K is obviously a lot of less than the stated 20% off that your offer must be ($9,600 would be the minimum offer allowed through by the system if going by the 20% rule).

      Can someone clarify?

      • We simply lower the bottom limit for offers we allow to the lesser of 10% of the book price and 20% of the total asking price when making a port sale offer. The seller is still in total control of what offers they accept.

  1. Like it a lot, that will definitely help the process. Will there be a way to just sell a portion of your port in the future as well? For example, if one wanted to just sell off all their football or baseball?

    • I have been thinking about this. I really like the idea. I was thinking of letting people specify a sport and possibly a range of years. This would create a “partial port sale”.

      • Taking it a step further, perhaps you could offer personalized partial ports. They wouldn’t partial ports so much as lots, like if I want to sell off all my Albert Pujols cards or my 2009 Topps Gold or whatever else.

        I imagine this would take considerable effort on your end to implement, though.

        Also, does one have to place an ad to field port offers? I have no plans to put mine on the market, but that doesn’t mean I wouldn’t seriously consider fair offers….

      • Tim,

        Anything on partial port sales? Some hockey collectors don’t collect basketball etc. Vintage collectors don’t buy newer cards.

    • I’m on board with a “partial port” idea… I think it gets tougher to sell large ports because buyers don’t have (or want to spend) thousands of dollars on the big ones, they want to buy smaller ports for a couple hundred up to a couple thousand dollars…
      Maybe if we could earmark certain cards to go into a port sale rather than all of them

  2. Thanks for the improvements so far. What I would like to see is the ability to sell of one section of your port based on when you shipped the cards in. For example you could sell off everything that you have left in a specific lot that you sent in. This would allow sellers to keep their ports “fresh” without completely wiping them out.

  3. Already sold my port…..very happy!! Of course I have more cards being processed, but it is good to have a fresh start!! Thanks for all the great improvements you guys have added over the past few years.

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