Why it matters, and...
Willing To Pay - The amount a buyer is 'willing to pay' is the unofficial price at the time an item is reported sold.
Basically, it's the reported selling price both a buyer and seller have agreed upon.
There's a time gap between the reported price and when a seller pays.
Because of this, sold prices are not 'official' until the buyer has paid.
On very rare occasions for most venues. A buyer or seller may back out, causing a sale to fall through.
Rather than relying on one sale to determine values. Experts often recommend the following, as a path to find the most probable value for most items:
- Gather as many selling (sold) prices as possible from multiple venues, to find a ballpark value.
- Then get help from reputable specialist to verify your DIY ballpark value. Or, for any important buy or sell decisions.
DO YOUR OWN RESEARCH
All Items Shared by What Sells Best - Are strictly for Informational and Entertainment Purposes only.
Always Consult with Reputable Specialist - Before making important buy or sell decisions.