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Old 04-29-2015, 11:42 AM   #1
edn88
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Default So I sold my tickets to Game #3...

I am a season ticket holder, and am not going to Game #3 of the Flames/Ducks series, so listed them on Ticketsnow.com (Flames authorized scalping site).

I listed them for what I guessed would be going rate based on what I had heard tickets were selling for for game 6 of previous round and what other tickets on Stubhub and Ticketsnow were listed for.

My tickets sold almost immediately (happy for me), but oddly they were listed right away for great than 50% higher than I had sold them for. I am not concerned that I left money on the table - I am pretty sure I priced them right, but just found it odd that someone would buy them and relist them for what seems like a very high price - especially since TM takes their 10%. In order to break even they have to sell at least 10% higher than I sold for.

Anyway - thoughts from the rest of CP?
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Old 04-29-2015, 12:06 PM   #2
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Sell through CP duh.
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Old 04-29-2015, 12:09 PM   #3
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What do you want thoughts on exactly?
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Old 04-29-2015, 12:13 PM   #4
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So they're basically scalping their scalped tickets. I don't really see anything wrong with it as long as they're legit tickets.
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Old 04-29-2015, 12:15 PM   #5
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Common practice
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Old 04-29-2015, 12:20 PM   #6
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Good for you for selling your ticket and making some extra cash. I've been thinking about doing the same.
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Old 04-29-2015, 12:37 PM   #7
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Quote:
Originally Posted by edn88 View Post
found it odd that someone would buy them and relist them for what seems like a very high price
Relative to face value, isn't that the same thing you did?
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Old 04-29-2015, 12:39 PM   #8
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This has nothing to do with flames tickets, but I have a funny (Interesting?) story that is similar to this.

I sold a car through kijiji to a guy who turned around the next day and tried to sell it for more (good on him I guess for trying). The funny part was that he used my exact ad to try and sell it. The only reason I knew this was that some other guy that was looking at buying it asked my why I raised the price, lol.
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Old 04-29-2015, 12:58 PM   #9
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maybe the guy is somewhat itnerested in going to the game, unless he can sell his tickets at a certain price....persoanlly, i am surprised that there is not a "reality" tv show on A&E about guys that do this sort of thing for a living - becasue they lead such interesting lives, right?
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Old 04-29-2015, 01:05 PM   #10
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Meh, this is normal greed with no moral strings attached. We've had a lottery in the office for 2 playoff tickets and the guy winning the lottery sold his pair of tickets for $1,000 immediately. The general office verdict was that he's an a...hole. He thought he was perfectly entitled to do so morally. Here's an ethical dilemma for you.
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Old 04-29-2015, 01:08 PM   #11
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Quote:
Originally Posted by CaptainYooh View Post
Meh, this is normal greed with no moral strings attached. We've had a lottery in the office for 2 playoff tickets and the guy winning the lottery sold his pair of tickets for $1,000 immediately. The general office verdict was that he's an a...hole. He thought he was perfectly entitled to do so morally. Here's an ethical dilemma for you.
Interesting scenario. I'd argue he's an a**hole that's perfectly entitled to do so.

As for the OP, I'd say you probably didn't sell for high enough, but as long as you're happy with what you got there's nothing sketchy going on.
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Old 04-29-2015, 01:14 PM   #12
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Originally Posted by Five-hole View Post
What do you want thoughts on exactly?
Sorry - I was not clear. I found his pricing strategy odd (or surprising).

Average ticket price in the section was just north of $500 per ticket (second bowl, centre ice), and mine were at the very top of the section.

After mine sold, the buyer listed them for $770/ticket, then ultimately $800, and now they are listed at $650. I wouldn't have even noticed they were my tickets except I was showing a friend what the top price in the section was (he has tickets in the same section) and he noted that it was my tickets that I just sold. We both thought it odd, and best we could come up with.

1. Someone bought tickets, with intent to go, but thought, if they could make a buck why not
2. Someone believes that I had significantly undervalued my tickets (possible) and was trying for arbitrage

Again, I find it odd, because now at $1300 for the pair (minus $130 for TM) he is only going to make $120 (and the cheapest tickets in the section are now $420 - and you can get lower bowl for $550/ticket)

And part of me is wondering what is up for someone to price them so badly (I don't think I can be scammed, I believe the risk is on TM).
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Old 04-29-2015, 01:16 PM   #13
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Hmm kind of an odd thing for a broker/scalper to do... but for a professional it's really just a matter of inventory. Tickets are his inventory, and he saw the opportunity to purchase some for less then he has the market rate pegged at.

Wonder if it's using bots perhaps? "If anything listed below [X] purchase and repost at [Y]". Obviously makes them money or they wouldn't do it.
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Old 04-29-2015, 01:24 PM   #14
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I've noticed game 6 and game 7 prices go way up on the secondary market once a series starts gathering steam and emotion and once the games are guaranteed to happen. Especially in a place like Calgary with a rabid fanbase who isn't used to hockey in May.

If the game doesn't happen, everyone gets their money back. If it does, then the price will peak about a day before the game.
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Old 04-29-2015, 01:25 PM   #15
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Who was it that got shunned on CP for selling tickets above face value years ago? I want to say flameswin?
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Old 04-29-2015, 01:28 PM   #16
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nm

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Old 04-29-2015, 01:35 PM   #17
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Quote:
Originally Posted by CaptainYooh View Post
Meh, this is normal greed with no moral strings attached. We've had a lottery in the office for 2 playoff tickets and the guy winning the lottery sold his pair of tickets for $1,000 immediately. The general office verdict was that he's an a...hole. He thought he was perfectly entitled to do so morally. Here's an ethical dilemma for you.
I'd say he's not morally right here. The intention of the office lottery is to give someone in the office the chance to go to a game who may not have had a chance otherwise, given the demand for tickets. He had no intention of going, so should not have been in the lottery.
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Old 04-29-2015, 01:41 PM   #18
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That was the general consensus around the office. The guy said the rules did not specify no re-selling and he was right too, they didn't.
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Old 04-29-2015, 01:47 PM   #19
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Regardless, the guy is a dumbarse, he basically just pissed off and alienated himself from his coworkers and possibly his boss. People will remember that kind of stuff. Might as well look for a new job.
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Old 04-29-2015, 01:53 PM   #20
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Quote:
Originally Posted by CaptainYooh View Post
That was the general consensus around the office. The guy said the rules did not specify no re-selling and he was right too, they didn't.
We have company tickets that are given out to employees, usually to take customers to games but when we cant fill the seats they are just given away. It has never happened but I am sure it it was found out that someone sold these without permission of the company they would be in huge trouble, we consider the tickets company property and they cant just be sold at the benefit of the employee. Not Cool.
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