GPA Analysis and Past eBay Sales No Longer Accurate, Warning! 4 4

[Buzzetta]

I just list at the prices I want to sell at albeit a slight bit high.

When someone writes me if I would offer free shipping or lower the price I simply reply that I am comfortable with the price point that I have attached to the book.  

If it sells... great.  If not... it eventually will.  

Sold a few books last week under that rule of thumb.

 

As you can tell I am not a fan of negotiations... it's priced at what it is priced at.  Sometimes I will lower it but I usually never do the negotiation thing on eBay.  On eBay it is priced at what it is priced. 

Edited August 25, 2017 by Buzzetta

[Crowzilla]

5 hours ago, comicwiz said:

Note: Click here to open a new session, but you will need to locate the item number in the search string and replace it with the item number you want to check:

tried this with the Spidey #3 that was mentioned in the thread, but it is still showing the $1399 buy it now price, not two hyphens.

 

[comicwiz]

3 hours ago, Crowzilla said:

tried this with the Spidey #3 that was mentioned in the thread, but it is still showing the $1399 buy it now price, not two hyphens.

 

Yes, I considered this example, but I asked for screenshots of payment and when the member reached out, I was told by the buyer he paid for a few books and that is what might have been throwing it off.  For now I'm considering it more an outlier sale, but I'd like to continue seeing if there are other examples we can use to test this method. So far, I've used it on three examples where it is known the accepted offer was lower than the reported full asking price, and all three cases show the two hyphens.

[comicwiz]

The three unique eBay item ID sessions tested using this method are here, here and here. Screenshots were provided to prove an offer was accepted lower than the posted full asking price. What I'm unsure of his how long eBay keeps these active, and will likely expire in the 90 days eBay usually keeps a listing active or sooner.

If there are any others with examples members can send, I'd like to continue testing this method. It wouldn't take much for a site tracking software to code this as a verification step to ensure the sales are legitimate.

It is a nested data field within the listing, because most people would look at the original listing page, but it would be counter-intuitive to not use the purchase history as a verification step to ensure the sale was legit.

Edited August 25, 2017 by comicwiz

[Crowzilla]

4 hours ago, comicwiz said:

Yes, I considered this example, but I asked for screenshots of payment and when the member reached out, I was told by the buyer he paid for a few books and that is what might have been throwing it off.  For now I'm considering it more an outlier sale, but I'd like to continue seeing if there are other examples we can use to test this method. So far, I've used it on three examples where it is known the accepted offer was lower than the reported full asking price, and all three cases show the two hyphens.

Cool. Great work

[WoWitHurts]

6 hours ago, comicwiz said:

Yes, I considered this example, but I asked for screenshots of payment and when the member reached out, I was told by the buyer he paid for a few books and that is what might have been throwing it off.  For now I'm considering it more an outlier sale, but I'd like to continue seeing if there are other examples we can use to test this method. So far, I've used it on three examples where it is known the accepted offer was lower than the reported full asking price, and all three cases show the two hyphens.

I can confirm what you are saying.  Item 142456714238 I purchased below the listed $199.

[VintageComics]

On 8/21/2017 at 7:50 AM, Squad008 said:

So if anyone has already written about this then I apologize for missing it, I just thought that this was important to discuss.

 

The short version: eBay recently made some changes to their site which significantly skew the sales prices of CGC graded comics on GPA Analysis and eBay past sales listings for all sold comics (both CGC and Raw).  I explain below if you care to read the longer explanation.

Spoiler

 

Recently, probably 3-4 weeks, eBay made some slight changes to their site.  One new feature that they added is causing the issue and it leaves A TON of room for manipulation, which I think is starting to happen.  The new feature I am talking about is the added ability for a seller to send an offer directly to a buyer on any Buy It Now listing (note this is different then a Buy It Now or Best Offer item).  

So a potential buyer messages a seller that has an item listed strictly as Buy It Now.  They give an offer in the message, nothing new.  In the past, the Seller would either have to lower the price the item was listed at in order to accept the offer or revise the item and make it a Buy It Now or Best Offer.  Now, sellers have the ability to respond to messages received from potential buyers with direct offers.  I believe the button says "send offer."

So whats the big deal? Well, when a seller was forced to lower the price on the listing, or change the listing to Buy It Now or Best Offer, then both GPA Analysis and eBay sold items records would reflect the final sales price.  This made it possible to accurately track all sales.  However, and this is a HUGE however, sales of items that are listed strictly as Buy It Now which are sold via the new "send offer" button are recorded in eBay sold item history as being sold for the FULL LISTING PRICE.  GPA Analysis is also recording these sales at full listing price severely skewing all sales data.

Example: Seller A lists a CGC graded comic as Buy It Now or Best Offer.  Seller A gets an offer, it is accepted, and the ACTUAL sales price gets recorded in eBay sold items history and GPA Analysis.  Seller B lists a CGC graded comic as Buy It Now only for $200.  An interested buyer messages him saying will you take $100 for the comic.  Seller B responds to the message by clicking the new "send offer" button with an offer price of $125.  The buyer accepts and the item is sold for $125.  eBay sold items history will show that the item sold for the full $200 listing price and GPA Analysis is also recording the sale at the full asking price.  

How do I know: I know because I recently sold two of the same exact modern comics on eBay within a 7 day period.  Out of curiosity, or possibly procrastination at work, I sometimes check up on comics I sold to see if it was a good/bad transaction.  The comic is relatively new so there are only a few sales.  I noticed the last sale was pretty decent so I click on the GPA 9.8 link to see when the sale happened and realized that there are only two transactions for this comic record, i.e. both of my sales.  The prices listed by GPA were the full listing prices at the time of the sale, they were not the price paid by the buyer.  I then went back on eBay, did a search for the comic, looked up sales history, and sure enough, eBay has it listed as if it sold for full listing price without any indication otherwise.  Best Offer listings of course have the slash when a seller accepts a best offer for less then listing price.

I thought that this was very odd and then a recent trend that didn't make sense to me popped into my head.  I had been noticing that a lot of hotter modern raw books were selling for 50% to 60% of listed 9.8 CGC copies that are for sale on eBay.  I've noticed a ton of raw books selling for way more than they ever should based on current 9.8 prices.  I kept looking at the listings and seeing that they were not Best Offer listings and that they didn't have any slash.  Then copies of the same book is listed by the same seller or other sellers asking for more than the last sale and they kept selling with prices going up really quickly.  

I was very confused, it just made no sense that some raw books were selling for upwards of 75 to 80% of the asking price for 9.8 graded copies of the book that were listed.  Now it makes sense and it smells of a new shill bidding scheme on both raw and cgc books:

Example: Shiller A realized the flaw in the eBay sold listings and has 25 copies of a hot modern that has been slowly going up, say went from $25 to $40 for raw NM copies over the past four months.  He lists one at $60 and a buyer emails him asking if he will take $35 and he responds with a "send offer" for the $35.  Now he realizes that all potential buyers see the $60 sale listed on eBays sold listing history and he lists another one for $70, has a friend or his shill account message about the item, sends an offer for basically nothing but now has the last sale listed at $70.  Other sellers raise their prices and buyers start to buy at higher price points thinking the comic is about to take off.

GPA Analysis is Very Dangerous Right Now: this trend holds true for all CGC graded comics recorded by GPA Analysis.  I noticed that hot moderns, one in particular, that had been rising fast over the last six months from about $250 up to about $500 had leveled off.  Then it just skyrocketed over the past two to three weeks breaking that $500 mark with multiple $600, $650 and a $700 sale.  This made raw copies start to skyrocket from the low to mid $100's to NM copies consistently selling for around $230 (on auction and some even higher on Buy It Now).  Combine average sellers thinking that they will list their hot comic at an astronomical price, getting a very good offer via message on their Buy It Now Item and choosing to sell using the "send offer" button, and then throw in Shill sellers that have multiple copies, and you have a very unstable and unreliable market.

So that trend i was noticing with raw books selling for upwards of 50-60% of listed 9.8 CGC books now makes sense.  They aren't selling for that much, sellers are using the "send offer" button and selling for much less.  Although, there are definitely going to be some novice and new collectors that are going to over pay and get severely burned.  Same holds true for CGC graded comics and GPA Analysis prices.  Any seller can list any CGC graded comic on eBay for 10-20% over last GPA listed sales price thinking that if someone is willing to pay that high then it is worth selling. They will get messages with offer prices from buyers and some will sell for much lower than their recorded sales prices.

eBay was getting a lot of heat from their sellers regarding the recording of the or best offer sales prices.  Tons of websites with tutorials on how to be a smart purchaser on eBay directed buyers to find the item they want, find a seller that had it up with a best offer listing, go to the sellers profile and look at past sales to see how much the seller typically would accept below the listed asking price.  A lot of sellers felt like this information being available on eBay created a mindset with potential buyers only willing to make offers at or below previous discounted prices.

As a business, the new "send offer" button is a huge win-win for eBay. Sellers now don't have to worry about previous best offers that were accepted being public knowledge and sellers that only listed their items as Buy It Now will be more likely to accept offers below full listing price if the item has been listed for a while, they need money or get a good offer.  It also makes it appear as though items are selling at full price influencing buyers to be more content with paying the asking prices listed on other listings.  eBay is a volume business, more sales is a win, happier sellers is a win, and higher selling prices is a win.  

So the "send offer" button is relatively new.  Maybe 3-4 weeks old?  I can't remember exactly.  eBay also recently changed the way they display accepted or best offer listings.  You used to be able to see the exact sales price but now it seems as though you just see the slash indicating that a best offer was accepted.  I have made a few sales with or best offer on CGC graded comics recently and although it doesn't appear that you can see the exact sales price on eBay sales history (again, the slash is there indicated a best offer was accepted) GPA Analysis is accurately recording the final sales price on these sales.  I went on and check that the sales price I accepted was accurately recorded.

I don't know how GPA can sort this out, possibly all Buy It Now items should be excluded for the time being until there is a resolution, but that isn't for me to decide or figure out.

Sorry for the novel, I just realized about the wrong sales price being recorded on GPA and then realized that is why some of these prices are going crazy for both raw and CGC books.  Just be careful when looking at recent CGC and raw sales on eBay and GPA Analysis if they are standard Buy It Now listings.  The prices can be way off on what the actual sale was or it could be a new Shill bidding type tool to pump up the price of a particular comic that a seller has multiple copies of.

Unless I'm completely missing something, then you all have fair warning and watch out for any raw or cgc book that has jumped up in price the last 3-4 weeks.  When the dust settles and real sales prices are available, there could be a huge drop on some of these moderns or other more common books that are taking off, thinking 90's type drop on some of these.

P.S. if I did completely miss anything, or if there is more to this, would love to know.

 

 

Just bumping this thread to see if this was ever addressed or if anyone has continued to track the differences in sales between BIN and actual sales prices?

[VintageComics]

On 8/25/2017 at 7:58 AM, comicwiz said:

The three unique eBay item ID sessions tested using this method are here, here and here. Screenshots were provided to prove an offer was accepted lower than the posted full asking price. What I'm unsure of his how long eBay keeps these active, and will likely expire in the 90 days eBay usually keeps a listing active or sooner.

If there are any others with examples members can send, I'd like to continue testing this method. It wouldn't take much for a site tracking software to code this as a verification step to ensure the sales are legitimate.

It is a nested data field within the listing, because most people would look at the original listing page, but it would be counter-intuitive to not use the purchase history as a verification step to ensure the sale was legit.

Any updates on this or did the conversation just die off?

I think the topic is worth revisiting.

I've noticed an definite increase in upticks (upward green arrows) in GPA recorded sales numbers since this topic was started last year.

My worry as both a dealer and a lifetime collector (since 1975) is obvious: an ever escalating price point at this rate creates an unsustainable market and will cause the market to crash back on itself because

a) incorrectly reported sales prices are not based on actual sales prices created a market without actual fundamental support

b) uneducated buyers will be left holding the bag when paying inflated prices and when they turn around and try to sell will be disappointed. We've seen this time and time again where people overpay because they are talking to the sale price by salesmanship and then leave the hobby in disappointment, never to return

c) it ultimately creates a hindrance in future growth if the market corrects greatly in the future (comic's version of Black October) when pricing and actual sales are too far apart to reconcile.

 

It's true (as noted earlier in the thread) that slow moving or rare books would be difficult to value because a high BIN could throw off a small data set of just a few books for a particular issue and the initial replies felt that just a few sales here and there were not a big deal. I agree.

But I think the more serious problem is that high volume books like keys and hot issues (like copper and modern keys) will climb in price much faster if there is incorrect sales data recorded as for these books it happens on a daily basis, exacerbating the problem and since I see so many uptick / green arrows it worries me whether this is still happening or not.

George (or anyone else), do you have any insight?

@gpanalysis

[comicwiz]

@VintageComics Roy, it looks to still be happening. I'm working on an extensive collection appraisal and while looking for comparables through a results array of "completed/sold" items on feeBay (I guess @Architecht doesn't see it as an issue that any mention of them is hyper-linked, and we are advertising mules for them, so I'm going to call them for what they are), you have to check ever BIN even if the item isn't crossed-out showing a lower offer was accepted. It's a PIA because you have to capture multiple screens for back-up, otherwise it looks like you are undervaluing the item. I can't imagine anyone offering an automated online price guide or index is having to manually handle/modify these listings, so it's going to have to come down to each individual vetting every one of the BIN's that have sold if they plan to use it as a data point.

Edited May 29, 2018 by comicwiz

[CKinTO]

For what it's worth, I bought a cheap slab off eBay last week using a Best Offer price that seller accepted (listed for $85, offered / accepted $70). When you go to the auction listing itself, it erroneously shows that it sold for $85. If you do Advanced Search for Sold items, it does show the $85 crossed out (and Best Offer Accepted). Most importantly though, GPA is correctly showing that it sold for $70.

Listing:

https://www.ebay.com/itm/God-Country-1-CGC-9-8-SS-Donny-Cates-Image-25th-Blind-Box-Virgin-Color-Variant/263652210284

Sold / Closed Search:

https://www.ebay.com/sch/i.html?_nkw=god+country+1+cgc+9.8+ss&_in_kw=1&_ex_kw=&_sacat=0&LH_Sold=1&_udlo=&_udhi=&_samilow=&_samihi=&_sadis=15&_stpos=10025&_sargn=-1%26saslc%3D1&_salic=1&_sop=12&_dmd=1&_ipg=50&LH_Complete=1

If you search GPA for the God Country #1 9.8 25th Anniversary "Virgin" Edition signed by Donny Cates, it shows correctly the $70 transaction on May 24, 2018. 

So appears that GPA has corrected the API pull to get the right Best Offer price?

 

[grayzr]

I never understood paying for GPA when sites like go collect offer that info free (if you keep making free accounts and get 5 free) and I know GPA has all kinds of indepth features but really? To get an idea of what a book was worth and what it's selling for now isn't all that hard. Go collect data goes back to 2011 which is good enough for me. Heritage archives works great as well and is completely free to anyone who as an account. Heritage has sales all the way back to 2001. This new offer thing isn't really that big of a deal for those experienced in value trends.

[ThothAmon]

6 minutes ago, grayzr said:

I never understood paying for GPA

To itch his own I suppose.  For me the costis minimal and the instant availability of comps is priceless. 

[grayzr]

1 hour ago, ThothAmon said:

To itch his own I suppose.  For me the costis minimal and the instant availability of comps is priceless. 

I guess if your a dealer or someone with a huge budget then yeah its worth it but for most people all the info is available within minutes for free all over the place.

I also just found out that go collect has completely over hauled there site and now it does not require a payed account to see prices over the last 30-760 days across all grades.

[VintageComics]

3 hours ago, grayzr said:

I never understood paying for GPA when sites like go collect offer that info free (if you keep making free accounts and get 5 free) and I know GPA has all kinds of indepth features but really? To get an idea of what a book was worth and what it's selling for now isn't all that hard. Go collect data goes back to 2011 which is good enough for me. Heritage archives works great as well and is completely free to anyone who as an account. Heritage has sales all the way back to 2001. This new offer thing isn't really that big of a deal for those experienced in value trends.

Constantly opening new 'free' accounts is sort of cheating for using any service.

The point of the free offering is to get to test drive the site in the hope that you purchase it to eventually help pay for the costs.

I use both but I don't find $10 a month to be excessive for GPA. If you spend $100's or even $1000's a month on comics like some do, the small investment is invaluable. 

For me convenience is worth the small fee.

 

[CKinTO]

I used GoCollect quite a bit before switching to GPA a few months ago. What I miss the most about GoConnect is being able to click on the individual transactions and see the actual finished sale listing. It really helped to see whether certain outliers (high or low) were due to certain characteristics (ie. high price being Newsstand, lower price being bad wrap / date stamp / writing on front or something else). I get that that may not be possible for all venues, but at least for EBay, it was a great feature that I wish GPA had.

I just looked at GoCollect again in a few months and I see the full site overhaul they've done. It also looks like they're getting data from ComicLink, ComicConnect and Heritage now? Given GoConnect is half the price, I may give them a shot in the future, especially during times when I don't need it as much (eg. long time between cons)

[James J Johnson]

On ‎8‎/‎21‎/‎2017 at 4:50 AM, Squad008 said:

So if anyone has already written about this then I apologize for missing it, I just thought that this was important to discuss.

 

The short version: eBay recently made some changes to their site which significantly skew the sales prices of CGC graded comics on GPA Analysis and eBay past sales listings for all sold comics (both CGC and Raw).  I explain below if you care to read the longer explanation.

Recently, probably 3-4 weeks, eBay made some slight changes to their site.  One new feature that they added is causing the issue and it leaves A TON of room for manipulation, which I think is starting to happen.  The new feature I am talking about is the added ability for a seller to send an offer directly to a buyer on any Buy It Now listing (note this is different then a Buy It Now or Best Offer item).  

So a potential buyer messages a seller that has an item listed strictly as Buy It Now.  They give an offer in the message, nothing new.  In the past, the Seller would either have to lower the price the item was listed at in order to accept the offer or revise the item and make it a Buy It Now or Best Offer.  Now, sellers have the ability to respond to messages received from potential buyers with direct offers.  I believe the button says "send offer."

So whats the big deal? Well, when a seller was forced to lower the price on the listing, or change the listing to Buy It Now or Best Offer, then both GPA Analysis and eBay sold items records would reflect the final sales price.  This made it possible to accurately track all sales.  However, and this is a HUGE however, sales of items that are listed strictly as Buy It Now which are sold via the new "send offer" button are recorded in eBay sold item history as being sold for the FULL LISTING PRICE.  GPA Analysis is also recording these sales at full listing price severely skewing all sales data.

Example: Seller A lists a CGC graded comic as Buy It Now or Best Offer.  Seller A gets an offer, it is accepted, and the ACTUAL sales price gets recorded in eBay sold items history and GPA Analysis.  Seller B lists a CGC graded comic as Buy It Now only for $200.  An interested buyer messages him saying will you take $100 for the comic.  Seller B responds to the message by clicking the new "send offer" button with an offer price of $125.  The buyer accepts and the item is sold for $125.  eBay sold items history will show that the item sold for the full $200 listing price and GPA Analysis is also recording the sale at the full asking price.  

How do I know: I know because I recently sold two of the same exact modern comics on eBay within a 7 day period.  Out of curiosity, or possibly procrastination at work, I sometimes check up on comics I sold to see if it was a good/bad transaction.  The comic is relatively new so there are only a few sales.  I noticed the last sale was pretty decent so I click on the GPA 9.8 link to see when the sale happened and realized that there are only two transactions for this comic record, i.e. both of my sales.  The prices listed by GPA were the full listing prices at the time of the sale, they were not the price paid by the buyer.  I then went back on eBay, did a search for the comic, looked up sales history, and sure enough, eBay has it listed as if it sold for full listing price without any indication otherwise.  Best Offer listings of course have the slash when a seller accepts a best offer for less then listing price.

I thought that this was very odd and then a recent trend that didn't make sense to me popped into my head.  I had been noticing that a lot of hotter modern raw books were selling for 50% to 60% of listed 9.8 CGC copies that are for sale on eBay.  I've noticed a ton of raw books selling for way more than they ever should based on current 9.8 prices.  I kept looking at the listings and seeing that they were not Best Offer listings and that they didn't have any slash.  Then copies of the same book is listed by the same seller or other sellers asking for more than the last sale and they kept selling with prices going up really quickly.  

I was very confused, it just made no sense that some raw books were selling for upwards of 75 to 80% of the asking price for 9.8 graded copies of the book that were listed.  Now it makes sense and it smells of a new shill bidding scheme on both raw and cgc books:

Example: Shiller A realized the flaw in the eBay sold listings and has 25 copies of a hot modern that has been slowly going up, say went from $25 to $40 for raw NM copies over the past four months.  He lists one at $60 and a buyer emails him asking if he will take $35 and he responds with a "send offer" for the $35.  Now he realizes that all potential buyers see the $60 sale listed on eBays sold listing history and he lists another one for $70, has a friend or his shill account message about the item, sends an offer for basically nothing but now has the last sale listed at $70.  Other sellers raise their prices and buyers start to buy at higher price points thinking the comic is about to take off.

GPA Analysis is Very Dangerous Right Now: this trend holds true for all CGC graded comics recorded by GPA Analysis.  I noticed that hot moderns, one in particular, that had been rising fast over the last six months from about $250 up to about $500 had leveled off.  Then it just skyrocketed over the past two to three weeks breaking that $500 mark with multiple $600, $650 and a $700 sale.  This made raw copies start to skyrocket from the low to mid $100's to NM copies consistently selling for around $230 (on auction and some even higher on Buy It Now).  Combine average sellers thinking that they will list their hot comic at an astronomical price, getting a very good offer via message on their Buy It Now Item and choosing to sell using the "send offer" button, and then throw in Shill sellers that have multiple copies, and you have a very unstable and unreliable market.

So that trend i was noticing with raw books selling for upwards of 50-60% of listed 9.8 CGC books now makes sense.  They aren't selling for that much, sellers are using the "send offer" button and selling for much less.  Although, there are definitely going to be some novice and new collectors that are going to over pay and get severely burned.  Same holds true for CGC graded comics and GPA Analysis prices.  Any seller can list any CGC graded comic on eBay for 10-20% over last GPA listed sales price thinking that if someone is willing to pay that high then it is worth selling. They will get messages with offer prices from buyers and some will sell for much lower than their recorded sales prices.

eBay was getting a lot of heat from their sellers regarding the recording of the or best offer sales prices.  Tons of websites with tutorials on how to be a smart purchaser on eBay directed buyers to find the item they want, find a seller that had it up with a best offer listing, go to the sellers profile and look at past sales to see how much the seller typically would accept below the listed asking price.  A lot of sellers felt like this information being available on eBay created a mindset with potential buyers only willing to make offers at or below previous discounted prices.

As a business, the new "send offer" button is a huge win-win for eBay. Sellers now don't have to worry about previous best offers that were accepted being public knowledge and sellers that only listed their items as Buy It Now will be more likely to accept offers below full listing price if the item has been listed for a while, they need money or get a good offer.  It also makes it appear as though items are selling at full price influencing buyers to be more content with paying the asking prices listed on other listings.  eBay is a volume business, more sales is a win, happier sellers is a win, and higher selling prices is a win.  

So the "send offer" button is relatively new.  Maybe 3-4 weeks old?  I can't remember exactly.  eBay also recently changed the way they display accepted or best offer listings.  You used to be able to see the exact sales price but now it seems as though you just see the slash indicating that a best offer was accepted.  I have made a few sales with or best offer on CGC graded comics recently and although it doesn't appear that you can see the exact sales price on eBay sales history (again, the slash is there indicated a best offer was accepted) GPA Analysis is accurately recording the final sales price on these sales.  I went on and check that the sales price I accepted was accurately recorded.

I don't know how GPA can sort this out, possibly all Buy It Now items should be excluded for the time being until there is a resolution, but that isn't for me to decide or figure out.

Sorry for the novel, I just realized about the wrong sales price being recorded on GPA and then realized that is why some of these prices are going crazy for both raw and CGC books.  Just be careful when looking at recent CGC and raw sales on eBay and GPA Analysis if they are standard Buy It Now listings.  The prices can be way off on what the actual sale was or it could be a new Shill bidding type tool to pump up the price of a particular comic that a seller has multiple copies of.

Unless I'm completely missing something, then you all have fair warning and watch out for any raw or cgc book that has jumped up in price the last 3-4 weeks.  When the dust settles and real sales prices are available, there could be a huge drop on some of these moderns or other more common books that are taking off, thinking 90's type drop on some of these.

P.S. if I did completely miss anything, or if there is more to this, would love to know.

Paypal has had this same feature for decades.20 years of the potential for skewed sales data.

1) Buyer starts a claim: "I don't like it, I want to return it", fo whatever reason.

2) Seller has optional responses:

a) "OK. Send it back": Buyer sends it back, refund issued, or:

b) "Offer the buyer a partial refund".: which can be accepted, claim closed, agreed upon refund initiated by paypal, or declined by the buyer

So, Seller A sells an FF 1 CGC 4.0 to Buyer A for $9000. Buyer starts a claim, messaging the seller, "I don't like it for $9000, but I'll keep it for $6000."

Seller A then fills out the claim form offering a $3000 partial refund, Buyer A accepts, case closed, partial refund automatically issued, Official sale is for $9000 publically, but privately, the book sold for $6000.

Edited May 30, 2018 by James J Johnson

[TheFifthHorseman]

Why is e b a y automatically underlined on the boards?

[valiantman]

On 5/29/2018 at 12:27 PM, ThothAmon said:

To itch his own

I have to scratch my arm every time I read this.

[Mr.Mcknowitall]

32 minutes ago, valiantman said:

I have to scratch my arm every time I read this.

 I don't think that is your arm......

[DavidTheDavid]

On 5/30/2018 at 2:19 PM, TheFifthHorseman said:

Why is e b a y automatically underlined on the boards?

I guess the boards have an advertising arrangement with them and are now autolinking 3bay when it's typed. I don't like it.