mv
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Post by mv on Aug 16, 2015 17:18:04 GMT
Sorry if this has been discussed before but I couldn't find it. Some of you are very analytical and I wonder if anyone has compared volume of sales at par when selling £20 vs £40 loan parts.
I don't trust FC to make loan parts I sell visible to potential buyers when I list them in bulk so I do each one individually.
It would be more efficient if I bought £40 rather than £20 loan parts but my gut instinct says you will have better liquidity at £20. Then I think, what if you sell less parts but at double the value so actually have higher turn over?
Has anyone been methodical with this and come up with an answer?
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Post by goldservice on Aug 16, 2015 17:37:49 GMT
Can I sneak this in: have you compared selling in bulk with selling individually? Verdict? Thanks.
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blender
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Post by blender on Aug 16, 2015 18:41:33 GMT
Can I sneak this in: have you compared selling in bulk with selling individually? Verdict? Thanks. Selling in bulk sounds good. It sometimes happens when you have a chance encounter with a hungry buying bot. But I would love to know how to make it happen. Much better than selling individually.
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Post by goldservice on Aug 16, 2015 19:07:35 GMT
Thanks, blender. Of course, I meant listing for sale, not selling ...
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mv
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Post by mv on Aug 16, 2015 19:19:34 GMT
Just to clarify, by listing individually I still list many parts at the same time, just I tick then press 'sell loan part' separately for each part. Maybe it's just superstition.
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markr
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Post by markr on Aug 16, 2015 19:47:53 GMT
I used to bid a mixture of £20 and £40 parts in property loans, until I noticed that when I was re-listing older ones, I was often only listing £40 parts (even though I bought more than twice as many £20 parts). So now I stick with £20.
Can't say for other loan types since I've never bought anything other than £20 parts in those.
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blender
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Post by blender on Aug 16, 2015 22:00:58 GMT
To make a sensible contribution for once. Of my last 500 sales (11 days) 230 have been £20 parts originally and 270 have been £40. These are not all at par by any means. The great majority are property. EDIT: Of those still for sale some 52% of parts are £20 and 48% are £40. So £40 parts for me sell as frequently as £20 parts but are worth twice as much. I think the £40 parts sell well because fewer people sell them - so please all stick to £20.
I could not imagine listing each one individually.
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TitoPuente
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Post by TitoPuente on Aug 17, 2015 9:21:43 GMT
I have always used £100 parts partly because I don't trust Fractal Calculation's rounding skills. I have been able to sell everything (non-property) I wanted to sell. For property I have tested using smaller parts with non-conclusive results.
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adrianc
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Post by adrianc on Aug 17, 2015 10:30:09 GMT
For AutoBodge to be bidding on £100 parts, you're really narrowing your market - for those who've got 0.5% as their maximum bid, you're looking for somebody with at least £20k in their FC account.
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fasty
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Post by fasty on Aug 17, 2015 10:35:42 GMT
I experimented with £40 parts some time ago and got the impression that they shifted slower on SM at par. Now do everything in £20 lumps.
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TitoPuente
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Post by TitoPuente on Aug 17, 2015 13:22:25 GMT
For AutoBodge to be bidding on £100 parts, you're really narrowing your market - for those who've got 0.5% as their maximum bid, you're looking for somebody with at least £20k in their FC account. You have a valid point even if parts are sold at a premium. I wonder what are the mean and median account sizes.
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Post by GSV3MIaC on Aug 17, 2015 13:56:10 GMT
I sell all sizes from £20 to £100, and haven't seen any significant differences, although I usually don't have £100 property parts trying to shift at par, where the autobid ceiling might be a real issue. I also don't really sell enough for 'significance' to be easily detectable. For non-par sales, some people will hoover up £1k worth in whatever size pieces it happens to come (and then look for more).
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adrianc
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Post by adrianc on Aug 17, 2015 18:07:59 GMT
For non-par sales, some people will hoover up £1k worth in whatever size pieces it happens to come (and then look for more). £960 parts? Are you outing one of your IDs here...?
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Post by GSV3MIaC on Aug 17, 2015 20:29:17 GMT
Nope, no parts above £100 from me, as I said; normally £1k max in total (i.e. 10 * £100), although sometimes 2x that, and sometimes odd sizes (16*£60 and £40, for instance). If I had the tall ones sums of money, I'd find something more amusing to do (buy ReBS for instance); this pond is not really large enough (yet).
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nick
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Post by nick on Aug 18, 2015 17:58:24 GMT
I used to mainly stick to £20 & £40 parts and noticed £20 parts are more liquid and generally quick to sell in £ terms. As a result, I now mostly stick to £20 parts.
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