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Remove Ebay Bidding sales from counts
Unfortunately there are way too many "bid sales" posted on ebay, which end up counted as "sold" and totally mess with the real average value of an item....
These people post at low price and have an automatic "bot" which bids over real humans. When bidding time ends, if they did not reach their target sale price, their bot "wins" the sale so it is not a real sale, the price is very low, and it lowers average value of the item on pricecharting...
And the worst thing is that they post again using the same process, and you can see occurences of the same item at low price "sold" 3 or 4 times in a row in only a couple of days.
Customer support service by UserEcho
I've never seen this sort of thing myself. Can you give me a link to some examples of this happening? I can definitely look into it more. I'm guessing it is a very small minority of sales on ebay, but we could look into excluding certain sellers or something else to block these. We cannot remove all auctions though.
Here's one right there for the Sega Master system console. Same add, same picture, same day, only a small variation in the title, and all supposedly sold at ridiculous price.
This seller had 6 copies of the system. You can see in the title the "6", "5", "4", etc. The prices are low because the seller listed multiple items to end at the same time. The buyers divided their bidding. They appear to be legitimate sales. The seller just had multiple copies.
I've had the misfortune to experience it myself several times, bidding on a game at a good price, to end up getting overbid by a cent 2 seconds before the end of auction. Hard to show examples as these listings are then totally erased somehow, you can't see the add anymore, but a couple of days later the same ad comes back, same picture, same low price range, same tactic... I'll try to reply here as soon as I see an occurence.
It is definately not happening a lot, but when it does, it has a big negative impact on the average value. Not sure how to handle this, I guess Ebay does not know/want to care and handle it either.
I totally understand "real' auctions count, I just wish there was a way these fake one would not.
To the OP: But the shortest Ebay auction option is 24 hours...How would the same item be sold 3 or 4 times in "only a couple of days?"
To Anonymous: But if you were only outbid by 1 cent--and that is how much you were willing to pay for the game--then wouldn't that actually be a pretty accurate account of how much value the item might hold with potential buyers (especially if the same item keeps getting relisted over and over again without a real person winning the auction)? Surely the 1-cent difference between your max bid amount (which would be a 'real' sale if you weren't outbid by 1 cent) and the reported 'fake' sale price wouldn't be enough to justify spending the time or resources on filtering and removing such sales, right? Even if it was justified, it would seem that removing the 'fake' data over a potential ~$0.01 difference wouldn't have any significant affect on a game's value as reported by VGPC, or so I would think.
Very good point Jesse about the minimal premium vs his bid not causing any significant change in value if we include the sale.
I understand your point, it's quite logical, but unfortunately it does not match with the reality of Ebay sales.
While you can sometimes find a $100+ item at 20$ on marketplace or garage sales (but these can't be tracked), 99% of Ebay sellers know the value of their stuff and never put on sale an item at a small fraction of its value. What I mean is there are actually almost never low price sales like the fake ones I'm pointing out, so including them does in deed negatively impact the real value. Many "maybe could have" bought the item, but the fact is it never really happens.
Anyways, as said previously, there is probably not much to do about it, but still I wanted to point it out and see what other pricecharting users had to say about it :)