Air Jordan Investment?

[Lurker]

The average person cannot operate their own BG. They lack the knowledge (and for many, the ability to acquire the knowledge). They don't know how to sell/where to sell. They don't want to deal with returns, possible fraudulent transactions, etc etc .
(If they did, they presumably would)

You understand BGs operate because they cannot buy the product themselves? There are restrictions in place that prevent them from doing so. They use you to get around that. Please stop comparing them to doctors or lawyers.

I'm out.

[Fish Tank]

You understand BGs operate because they cannot buy the product themselves?

That's how all the bitter jealous people look at it. The others look at it as an opportunity.

Heck, there are people who buy for BG's and get paid 3% below cost. And they still buy. It's obviously an opportunity for them (for whatever reason)

Bottom line: Market dictates the rates. Not me and you. Every business/store/service would charge twice the price for their product if they would be able to. But the market doesn't allow for it. No one is in business to do a favor for the consumer. They are in it for their own benefit and they will "take advantage" of you to the max.

Plenty of other industries "take advantage" and no one says boo. For some reason BG's are different.
Just like you can't do your own taxes because you lack the knowledge/value you're time/gain from paying someone to do it for you, so too you can't resell your iPads without the BG.

[sddd]

There are 2 types of items and related business models BG have with their deals:

95% of the time it's ipads/laptops/kindles etc. These are merchandise that they resell at profit elsewhere but arent really valuable or limited, just that they are available at a sale price and in volume they can be resold with a profit. Most buyers have no interest would ever buy an ipad to resell somewhere for 15% more.

Then there are the collectibles. These can be worth vastly more than the price paid and the commission offered. We all know about the 2019 silver eagle which went from under 100 to 2k. /sneakers/tickets can fall in this category too. In some cases they are worth many multiples at the time of purchase, many times this unbeknownst to the buyer. This is where it can be viewed that the BG are taking advantage of the buyer. True, in a few cases perhaps the buyer has zero interest to resell, but the vast majority would prefer to keep if they knew the real story.

On that note, the gold coin being offered this thursday already has offers out there (please dont PM me for them) of 2k over cost. and that will rise. Some have sold on ebay in excess of 4k over cost already. Please dont commit to any BG for it. They can be sold on ebay or to any reputable dealer.

[aygart]

There are 2 types of items and related business models BG have with their deals:

95% of the time it's ipads/laptops/kindles etc. These are merchandise that they resell at profit elsewhere but arent really valuable or limited, just that they are available at a sale price and in volume they can be resold with a profit. Most buyers have no interest would ever buy an ipad to resell somewhere for 15% more.

Then there are the collectibles. These can be worth vastly more than the price paid and the commission offered. We all know about the 2019 silver eagle which went from under 100 to 2k. /sneakers/tickets can fall in this category too. In some cases they are worth many multiples at the time of purchase, many times this unbeknownst to the buyer. This is where it can be viewed that the BG are taking advantage of the buyer. True, in a few cases perhaps the buyer has zero interest to resell, but the vast majority would prefer to keep if they knew the real story.

On that note, the gold coin being offered this thursday already has offers out there (please dont PM me for them) of 2k over cost. and that will rise. Some have sold on ebay in excess of 4k over cost already. Please dont commit to any BG for it. They can be sold on ebay or to any reputable dealer.

On the other hand they would never know about it at all l if not for them being told.

[sddd]

On the other hand they would never know about it at all l if not for them being told.

Not always true. and how much is that worth? 95% of the profits?
Consider: would you ask a good friend to buy a coin for you thats already worth 500 or $1000 more on the open market and give him only 10$ for the effort. Likely you'd feel uncomfortable like you're scamming him/ripping him off. Same principle applies to strangers.

[Lurker]

There's nothing wrong with taking advantage of knowledge you have that other people don't. Doesn't change the fact that you are taking advantage, or that there is risk in buying for a BG. They aren't doing you any favors.

[Euclid]

For someone who doesn't have the time/energy/resources to do the necessary research and discovery for one off opportunities (a specific coin; a pair of sneakers), I would have no problem passing it off for minor profit to a BG. It's either that or nothing at all. Like paying for convenience.   

[CountValentine]

For someone who doesn't have the time/energy/resources to do the necessary research and discovery for one off opportunities (a specific coin; a pair of sneakers), I would have no problem passing it off for minor profit to a BG. It's either that or nothing at all. Like paying for convenience.

Minor profit is fine. That is not what we are talking about with these shoes. These BG's AFAIK just started recently with shoes. They have a lot to learn.

[Fish Tank]

Minor profit is fine. That is not what we are talking about with these shoes.

He was referring to he himself as buyer getting a minor profit.

[Fish Tank]

For someone who doesn't have the time/energy/resources to do the necessary research and discovery for one off opportunities (a specific coin; a pair of sneakers), I would have no problem passing it off for minor profit to a BG. It's either that or nothing at all. Like paying for convenience.

+1

[Fish Tank]

There are 2 types of items and related business models BG have with their deals:

95% of the time it's ipads/laptops/kindles etc. These are merchandise that they resell at profit elsewhere but arent really valuable or limited, just that they are available at a sale price and in volume they can be resold with a profit. Most buyers have no interest would ever buy an ipad to resell somewhere for 15% more.

Then there are the collectibles. These can be worth vastly more than the price paid and the commission offered. We all know about the 2019 silver eagle which went from under 100 to 2k. /sneakers/tickets can fall in this category too. In some cases they are worth many multiples at the time of purchase, many times this unbeknownst to the buyer. This is where it can be viewed that the BG are taking advantage of the buyer. True, in a few cases perhaps the buyer has zero interest to resell, but the vast majority would prefer to keep if they knew the real story.

And both are the same for the buyers. They don't when the ipads are on sale without the BG telling them. They don't have time/knowledge/resources to know if the ipads are profitable. They just know that that there is a guaranteed buyer on their end, and they are happy with that.

[Fish Tank]

There's nothing wrong with taking advantage of knowledge you have that other people don't. Doesn't change the fact that you are taking advantage, or that there is risk in buying for a BG. They aren't doing you any favors.

You didn't answer my question above.

The average person cannot file their own taxes correctly. They lack the knowledge (and for many, the ability to acquire the knowledge) to maximize their tax savings. And even if people did have the knowledge, they provide a service. BGs are not a service.

With that being said, is the accountant taking advantage of his clients?