myslabs.com , has anyone bought / sold on here ?

nauvcire1

Ran across this new site a few weeks. Just curious if anyone has had any experience buying / selling on here

Looks like they post stuff from newest to oldest ?

https://myslabs.com/

rexvos

Yes both. 1% seller fees. Search is terrible. No returns. Great to sell. Should be about 6-8% cheaper than eBay as well.

nauvcire1

@rexvos said:
Yes both. 1% seller fees. Search is terrible. No returns. Great to sell. Should be about 6-8% cheaper than eBay as well.

Thank you. I was thinking about selling a few cards on there to see how it went. Looks like they just list from newest on.. hopefully when they get more Inventory the search will be better navigated

rexvos

@nauvcire1 said:

@rexvos said:
Yes both. 1% seller fees. Search is terrible. No returns. Great to sell. Should be about 6-8% cheaper than eBay as well.

Thank you. I was thinking about selling a few cards on there to see how it went. Looks like they just list from newest on.. hopefully when they get more Inventory the search will be better navigated

>

Matthew Greaney runs the site. Their is a Facebook group for it. They also do a background check on all sellers and a 1 strike and your out policy for non paying buyers

blurryface

@rexvos said:
Yes both. 1% seller fees. Search is terrible. No returns. Great to sell. Should be about 6-8% cheaper than eBay as well.

Currently looking at other avenues for distribution as well.

Slabs stay at home with you vs Comc?
Paypal payments?
Do they charge tax and if so, is that collected and paid for you?
Shipping labels done thru in-house service or do you have to copy and paste to your own platform?

dictoresno1

@blurryface said:

@rexvos said:
Yes both. 1% seller fees. Search is terrible. No returns. Great to sell. Should be about 6-8% cheaper than eBay as well.

Currently looking at other avenues for distribution as well.

Slabs stay at home with you vs Comc?
Paypal payments?
Do they charge tax and if so, is that collected and paid for you?
Shipping labels done thru in-house service or do you have to copy and paste to your own platform?

its simply just an avenue that lets people sell on their platform. its no different than posting your cards up for sale on Facebook in the card groups, then connecting through messenger to pay. its just a website dedicated to nothing but cards. I sell on there, just like I do on ebay and Facebook groups. its slowly picking up steam. the site owner shows recently completed sales every now and then on Facebook and Instagram, and theres definitely some big cards being moved.

yes, theres a vetting process, and its with the site owner I think. they review your ebay selling history and everything to make sure you're legit and also presence on the forums. honestly, I think its a great alternative to ebay and other sites. its simple to search, just by player name, and then I do think its newest to oldest. I think its two fold. you can't list card specifics really, its just meant to group all of that players cards and allow you to just browse. but yea, makes It tough to search more specific for a certain card. but it makes uploading them a breeze. you can also post your personal link on other platforms, like in instagram accounts, to advertise your myslabs "store". you can also upload all of your cards and mark them for sale or NFS at any time you see fit. cards NFS are just shown, so others can see your stuff.

to answer your questions.....

1.) yes, slabs stay with you just like you're selling on any other site. it just allows potential buyers to find your cards in one location.
2.) payments through PayPal goods and services. your email address is linked to the account. PayPal sends them an invoice on your behalf and then they pay. its all automated.
3.) no taxes charged
4.) shipping labels are done any way you want. easiest, most common way, would to just print a label directly through PayPal on the transaction summary. easy peasy. the price of the card is inclusive of shipping, there is no separate fee. so if you sell on there, just be aware that the price of the card is assumed as "shipped" price.

ive sold 5 cards through there this week alone. and was charged like $4 in fees vs ebay. like I said, its no different than buying a card through a Facebook group or forum. the website is just a way for buyers to find sellers. I like the vetting process and the fact they require good scans and pics of the cards. I think the owner is doing a great job so far.

burghman

There are links at the bottom of some of their pages with guidelines on how to buy and sell. There are taxes charged if you’re in the same state as the person you’re buying from/selling to.
https://myslabs.com/static/seller/

Sales Tax
If a Buyer resides in the same state as Seller, state Sales Tax will automatically appear on Buyers Invoice. Buyer must pay entire invoice immediately. However, if Buyer sends Seller a Valid Resellers Permit, Seller is obligated to refund any Sales Tax paid. Seller should NEVER reissue an invoice in order to eliminate tax, even for a Buyer who claims a valid resale permit. Sales Tax should be refunded AFTER the buyer PAYS for the item, and Seller has verified the validity of Buyers permit. The following site may provide helpful information with regards to validating a Reseller Permit https://blog.taxjar.com/verify-a-resale-certificate/

I like a lot of what they monitor - the buyer guidelines have several fairly common eBay situations that result in suspension or banning at myslabs.

CdnOsfan

Ridiculous prices on most of it that I searched....

dictoresno1

@burghman said:
There are links at the bottom of some of their pages with guidelines on how to buy and sell. There are taxes charged if you’re in the same state as the person you’re buying from/selling to.
https://myslabs.com/static/seller/

Sales Tax
If a Buyer resides in the same state as Seller, state Sales Tax will automatically appear on Buyers Invoice. Buyer must pay entire invoice immediately. However, if Buyer sends Seller a Valid Resellers Permit, Seller is obligated to refund any Sales Tax paid. Seller should NEVER reissue an invoice in order to eliminate tax, even for a Buyer who claims a valid resale permit. Sales Tax should be refunded AFTER the buyer PAYS for the item, and Seller has verified the validity of Buyers permit. The following site may provide helpful information with regards to validating a Reseller Permit https://blog.taxjar.com/verify-a-resale-certificate/

I like a lot of what they monitor - the buyer guidelines have several fairly common eBay situations that result in suspension or banning at myslabs.

totally missed that, oops!

dictoresno1

@CdnOsfan said:
Ridiculous prices on most of it that I searched....

they are user set. some can be, some aren't.

blurryface

@dictoresno1 said:

@blurryface said:

@rexvos said:
Yes both. 1% seller fees. Search is terrible. No returns. Great to sell. Should be about 6-8% cheaper than eBay as well.

Currently looking at other avenues for distribution as well.

Slabs stay at home with you vs Comc?
Paypal payments?
Do they charge tax and if so, is that collected and paid for you?
Shipping labels done thru in-house service or do you have to copy and paste to your own platform?

its simply just an avenue that lets people sell on their platform. its no different than posting your cards up for sale on Facebook in the card groups, then connecting through messenger to pay. its just a website dedicated to nothing but cards. I sell on there, just like I do on ebay and Facebook groups. its slowly picking up steam. the site owner shows recently completed sales every now and then on Facebook and Instagram, and theres definitely some big cards being moved.

yes, theres a vetting process, and its with the site owner I think. they review your ebay selling history and everything to make sure you're legit and also presence on the forums. honestly, I think its a great alternative to ebay and other sites. its simple to search, just by player name, and then I do think its newest to oldest. I think its two fold. you can't list card specifics really, its just meant to group all of that players cards and allow you to just browse. but yea, makes It tough to search more specific for a certain card. but it makes uploading them a breeze. you can also post your personal link on other platforms, like in instagram accounts, to advertise your myslabs "store". you can also upload all of your cards and mark them for sale or NFS at any time you see fit. cards NFS are just shown, so others can see your stuff.

to answer your questions.....

1.) yes, slabs stay with you just like you're selling on any other site. it just allows potential buyers to find your cards in one location.
2.) payments through PayPal goods and services. your email address is linked to the account. PayPal sends them an invoice on your behalf and then they pay. its all automated.
3.) no taxes charged
4.) shipping labels are done any way you want. easiest, most common way, would to just print a label directly through PayPal on the transaction summary. easy peasy. the price of the card is inclusive of shipping, there is no separate fee. so if you sell on there, just be aware that the price of the card is assumed as "shipped" price.

ive sold 5 cards through there this week alone. and was charged like $4 in fees vs ebay. like I said, its no different than buying a card through a Facebook group or forum. the website is just a way for buyers to find sellers. I like the vetting process and the fact they require good scans and pics of the cards. I think the owner is doing a great job so far.

Thank you very much for taking the time to go into detail! It is sincerely appreciated!

rexvos

@blurryface said:

@rexvos said:
Yes both. 1% seller fees. Search is terrible. No returns. Great to sell. Should be about 6-8% cheaper than eBay as well.

Currently looking at other avenues for distribution as well.

Slabs stay at home with you vs Comc? YES
Paypal payments? YES
Do they charge tax and if so, is that collected and paid for you? NO
Shipping labels done thru in-house service or do you have to copy and paste to your own platform? EITHER WAY.

I just stick it in via PayPal