RoyinNC said:
An item is worth whatever buyers are willing to pay. I don't see how what the seller NETS is relevant in any way.
What the seller nets via a third party sale is relevant for exactly this reason, and if more people were savvy to this, we'd all be doing each other a favor:
Seller has item, doesnt know the value, posts on here, looks at closing prices on ebay. Sees on ebay that 10 such items all close at X. So now seller turns around and says, I need X, these all closed on ebay for X, so thats the price. And high five to that guy all day long if he can get X.
The savvy purchaser however should be responding with, oh it closed at X on ebay, go sell it for that on ebay, or I'll give you X-%12 right now, which is what you'll net at X on ebay.
Granted, this doesnt effect much of our business here as you cant sell firearms on ebay, but for the average thing you'll purchase on ebay, there you go. So in the end, ebay drives the price up on everything and in the process it screws the buyer AND the seller.
Drawing a parallel to what a gas station nets is somewhat not understanding the issue as you are forced more or less to purchase gas from a gas station, its not like there is a good option to get gas without them. There is however plenty of good option to purchase goods without ebay and many times those goods outside of ebay are priced based upon a barometer that ebay sets, yet very few buyers and worse, sellers take that %12 percent into mind.
Anyway, this is wildly off topic and apologize for derailing discussion, just thought it important to clarify that. In the end absolutely, something is only worth what someone else will pay.