Apparently even though I buy something at least 10 times a week online I am incompetent when it comes to buying concert tickets. Because of this incompetency I have 1 ticket that I am auctioning. It is for Paul McCartney in Salt Lake City. The concert is August 7th, quite a bit off.
Do I take the current bid which is almost exactly what I am asking or will the value of this ticket increase and I should be patient? I have no clue and would like to make the best of of this stupid situation.
Do you expect the concert to be sold out? If so I would think you should be able to get the highest price just before the concert. Supply and demand.
One ticket will always be tougher to sell - people like to sit with friends.
I’m hoping that Paul is still popular enough that it will sell out and maybe my ticket will be worth more than I paid for. That would be very nice. And I agree that ONE ticket is a bummer. But I’ve had two bids and one for the asking price minus a penny.
McCartney in Salt Lake? Take the money and run! 
Seriously, it might sell out and you could get more, but you could also loose your shirt. Take what you can get (asking price) and call it a day. I used to scalp tickets in Vegas, and the only show I ever lost money on was Sir Paul! Go figure.
Unless all those sold-out tickets go on stubhub, in which case supply rises and the prices drop. Right now there’s over 200 tickets available for the show on StubHub. Even 3 months away, I doubt the supply will drop that much.
I’d take the one that gets your money back minus a penny (plus fees of course). Trust me, there are people out there with handfuls of tickets looking to profit on this or any other concert that’s going on. Cut your losses now or you could end of thinking about it to much, especially the closer it gets to the date. StubHub alone has over 2178 tickets available and most of those are in two’s and four’s. Single tickets usually go cheap, I know because I usually buy them even when I am going with someone.
Do you want your money back or a profit? Myself, I like selling at purchase price because I only buy tickets for performers I like and wouldn’t want to overcharge another fan.
Try Stubhub. It’s a legitimate, legal ticket reseller. They take a cut and you never deal with the other person (although they’ll be sitting next to you). They show a couple thousand tickets available starting at $88 and going up to $11,000 (I have a feeling that will drop closer to the show).
ETA - Or, you know, what everyone else already said.
So I was taking everyone’s advice and decided to cash in for the bid just below the price of what I actually paid. I wouldn’t be out a lot of money.
Yeah, the bid failed because the person’s payment failed. I still have a bid active for less than half price. It expires tomorrow. I really don’t think this is much fun. :rolleyes:
Moderator Action
This is more of an advice question than a factual question.
Moving thread from General Questions to In My Humble Opinion.
Contact the bidder–he may have another payment method. What auction site are you selling this on? eBay? Do you have a reserve? Note the rules on when you can close auctions before the end.
It is Flash Seats. That’s where SmithTix sends your tickets if you choose electronic tickets.
I don’t have the bidder’s info, it’s all done behind the scenes.