So this is something I didn't anticipate. I just had my second person today tell me I'm lying about my rental numbers because they are higher than their numbers and they have larger accounts.
Now I've had others ask me how I got them that high or what cards I mainly rent out to get them that high which is fine but this is the first time I've had people tell me I'm blatantly lying.
I'd like to say it doesn't bother me but it does. Mainly because I'm on here to help people become better at the market. I want people to understand that its not about the cards you choose but how you manage and list them that matters. If we al managed our cards and listed them better, every card would be more profitable.
Honestly, right now there are so few cards that consistently work because the markets are filled with people who crush down the price of whatever is working in order to beat out the next guy.
It's 90% of what I write about here.
So I'm going to tell you the difference between what I do to get my numbers and what I see here non-stop.
First, I choose the cards I buy based on the rental market. While that hasn't mattered much lately since markets keep getting crushed, it does mean I'm not holding a bunch of expensive lvl 1 cards that are pinned to the .1 floor. If they ever do touch the floor, I don't list mine until they come back off so I don't help pin it to the floor.
Next, I spend a good chunk of my day analyzing the market. Determining where prices are, what the listing patterns are, looking at my active listings to see how they compare with the market, cancelling the ones that are really out of wack to reprice them, comparing the actual market to Peakmonsters to get more info and figure out if what I'm seeing on Peakmonsters is real or not since they show limited data when it comes to actual market structure.
Next, I'm very picky about prices I list my cards at. Here's an example. I need to list a gold Nightmare. Here's the market...
Take a look at that. Where would you list? I watch everyone all day make this decision and I can tell you that about 90% of you would list somewhere below, and probably quite far below 2.43. I listed at 2.99 and most likely, based on what I know about the gold nightmare market, it will likely get hit within 2 hours. So my listing is at least 25% more profitable than most of yours would be.
I do this over and over again all day long because when I say I want to do this for a living, I mean it.
If more of you just learned to list better, you'd instantly make 20% more. And if enough of you did it, the markets would stabilize and we'd all start making 30-40% more.
Sorry. I don't mean to be bitter but this isn't magic. It's just paying attention and putting in the work. I understand I currently have more time than some of you to do this and its higher on my priorities list but please don't come at me saying I'm lying because I'm doing better than your set it where ever and forget it formula.
I'm literally telling you how I do it right here for free.
