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Newbie question about pricing

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  • #16
    Originally posted by Tammyf View Post
    ....
    However, I have seen 50000+ RCI points units for auction
    on ebay,with bids under $100. $5000 seems too high just
    to have an experienced broker handle it. Any thoughts?
    ...
    Did the auctions actually close at $100? I would very much doubt that. Many eBayers "snipe" (bid in the last few sections of an auction, often using bt automated prorgrams), so you can't tell what an auction actually went for until it actually closes.

    A few years ago, the general consensus used to be that about 4 cents to buy an RCI point was a good price, if the MF was 1 cent a point or less. So, that means 50000 RCI Points would be around $2000.

    There is also a right-to-use RCI Points deal advertised here on this board, that is very inexpensive.

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