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Buying On Fixed Price
Updated over a week ago

Participation Requirements

You must have an Alt account to participate in the Fixed Price Marketplace.

Marketplaces

Alt's Fixed Price search is one of the most comprehensive searches in the hobby. Find active listings now across online marketplaces.

  • Alt

  • eBay

  • PWCC

Dual Listings

When you list your cards for sale on Alt at a Fixed Price, you can cross-list them on eBay, reaching a wider audience without extra effort. Alt handles everything from listing to payouts and shipping, ensuring sellers receive the same payout regardless of the sale's platform.

To sell a card, send it to the Alt Vault. Our standardized naming algorithm and high-quality imaging help your card stand out and be easily found by potential buyers.

Placing an Offer

Buyers and sellers can negotiate directly with each other during a Fixed-Price transaction. Negotiating through offers and counteroffers makes it easy to close deals without lowering the list price within the market.

How do counteroffers work?

A: When an offer is placed on a Fixed Price listing, the seller is notified that there is a new offer that is eligible for counteroffer. The seller then has the option to accept or privately counter at a price higher than the buyer's offer but lower than their list price. This counteroffer is only available for 24 hours and is visible only to the individual buyer. During this 24-hour window, the buyer can accept the counteroffer or privately increase their offer price until the counteroffer expires. This will continue until both parties agree on a price or the offers expire. Once in negotiations, neither party can withdraw a counteroffer.

What happens if the buyer or seller accepts a counteroffer?

A: If either the buyer or seller accepts a counteroffer, the transaction will automatically execute at the agreed-upon price. If the buyer accepts the offer, they will be prompted to make payment immediately. If the seller accepts the offer, the buyer will be notified and have 4 days to initiate payment.

Can I accept a counteroffer without committing to buy the item?

A: No. If you accept a counteroffer, you are committing to purchasing the item. You will need to complete the payment promptly, similar to any other purchase on Alt.

Is there a time limit for negotiations using counteroffers?

A: The initial offer window is 24 hours. If the seller counters the offer, the window will extend for an additional 24 hours. If the buyer counters again, the timeframe will restart for another 24 hours. This will continue until a price is agreed upon or the offer expires. There is no predetermined limit to the number of counteroffers that can be exchanged back and forth.

Is there an offer limit?

A: The buyer can make up to 5 offers on a card. Once that limit is reached, negotiations will reset after 30 days unless the seller cancels and relists the card.

Fees

For all sales on our Fixed Price marketplace, including counteroffers and cards listed on eBay, the seller fee will be based on the final sale price of the card.

See the table below for our current fee structure:

Sale Price

Selling Fee

$0 - $7,499

10%

$7,500 - $9,999

8%

$10,000 +

5%

Here are a couple of different fee scenarios to further explain:

Scenario 1:

  • You sell a card for $7,499.00, the sale falls into the 10% tier. The fee for the sale is $749.90 ($7,499.00 x 10% = $749.90). As the seller, your payout would be $6,749.10 ($7,499.00 - 749.90 = $6,749.10)

Scenario 2:

  • You sell a card for $7,550.00, the sale falls into the 8% tier. The fee for the sale is $604.00 ($7,550.00 x 8% = $604.00). As the seller, your payout would be $6,946.00 ($7,550 - 604 = $6,946)

Payment

Buyers who accept an offer on the Fixed Price Exchange must initiate payment within 4 days of the acceptance. If payment is not initiated by the deadline, the sale will be canceled.

Consequences of Non-Payment:

If a buyer fails to initiate payment by the deadline:

  • The sale will be canceled.

  • The non-payment incident will be recorded on the buyer's account with possibility of account suspension.

  • If a buyer fails to pay for two items or a single item valued at over $1,000, their account will be suspended.

Account Reinstatement

If an account is suspended due to violations of the Buyer's Policy:

  • To reinstate the account after the first occurrence, an abusive behavior charge may be applied, which the account owner is responsible for paying prior to reinstatement.

  • Alt retains the authority to reinstate an account based on its own judgment, and additional measures may be implemented as determined by the outcome of the assessment by Alt's team.

Alt reserves the right to suspend their account and freeze ownership of any assets purchased.

Transfer of Ownership

Once a buyer's payment has successfully settled, the asset will automatically be transferred into their Alt Vault for storage and will appear digitally within their Alt Collection.

When you purchase a card on Alt, it is physically stored within our secure Vault facilities, which are located in the state of Delaware. Since all cards must be stored at our Vault in order to be eligible for sale on our platform, they will already be located there prior to an auction purchase. Our Vault team then simply moves the asset into the buyer's name upon completion of the transaction, where it will then automatically appear digitally within their Alt Collection.
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If desired, the new owner of the card can then request for the card to be physically shipped to the address of their choice:

  1. Select the Menu dropdown (two horizontal lines on the top right of the homepage)

  2. Select 'My Account'

  3. Select 'Shipments'

  4. During this process, customers will be prompted to enter the mailing address that they would like the card(s) to be shipped to

When completing an outtake request, destination, carrier rates, and signature requirements are gathered. Subsequent shipping charges for the outtake can be paid using a credit or debit card. Customers will be asked to enter their card details on the final confirmation of all the shipping information. All cards shipped out of the Vault will be charged an insurance fee based on their Alt Value at the time of outtake. Review our help center article Vault Outtake Shipping Requests for more information.

Compliance

Although alternative assets, such as collectible cards, are not a regulated security, our mission at Alt is to treat these assets as a true financial asset class, including holding ourselves to a high standard of compliance. Alt's Fixed Price Marketplace is meant to provide an experience that is transparent and that customers can trust. To achieve this, the product has been built with controls in place that disallow disingenuous participation. We have also taken additional steps by laying out guidelines for employee engagement within the Fixed Price Marketplace.

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