A port (short for "portfolio") sale is a way for a customer to sell multiple cards together in the same bundle. The seller can select to bundle their entire inventory or may narrow it down to a specific sport, and/or range of years. Buyers may then place offers and purchase all the cards together in one transaction.
The minimum offer that buyers can make on port sales by default is 10% of the port sale's total SRP value or 20% of the seller's Asking Price.
Port Sales can be initiated from the Promotions Manager page.
A port sale may be canceled at any time by returning to your Promotions Manager page and selecting Cancel under the Actions column.
The maximum number of items that can be involved in a single Port Sale 2,000 items. If your port is above this number, you will be advised to restrict your port to certain years or sports.
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.
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.
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. A list of removed items is shown if items have since sold when viewing an offer. This is enabled for open offers as well as all historical offers.
Important Notes
- Items you price during an active port sale will be added into the port sale.
- Individual items may continue to sell while you receive offers for your port sale as a whole. If a card sells between the time an offer was sent and when the offer is accepted, the offer will be invalidated and unable to be accepted by the seller, requiring that a new counteroffer be made.
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