Lately I’ve been seeing an increase in offers on my 4L .COMs, in Q4 it felt like most of the interest was coming from China, now it seems to be split 50/50 with North America. I’ve seen the offer velocity increase (i.e. more offers coming in this month than last month) but prices decrease.
Read MoreMost of the offers I get on my 4L .COMs are in the $200 – $2,000 range but the vast majority are under $1,000. In most cases, like you and me, these are investors looking to buy at a wholesale price, and I can understand that. So I’ve been thinking, what can these offers tell us about how the market dynamics are changing over time?..