How the numbers work
No black boxes. Here's exactly how Tracer turns a raw listing into a profit estimate and a score — in plain language, so you know what you're looking at.
We pull the listing
Every 1–4 hours we scan our sources — HiBid (which itself aggregates hundreds of auction houses), GovDeals and GSA Auctions government surplus, and regional liquidators — and normalize each lot into one consistent format: title, current bid, location, photos, and when the auction ends.
We look up what it really resells for
For each item we find recent comparable sold listings — the same or closest-match product that actually changed hands recently — and take the median. That median is the estimated resale value.
We also show the sample size (how many comps that median is based on) so you can weigh how confident to be. Ten sales tells you more than one.
We subtract every cost — buying it AND selling it
Resale value isn't profit, and neither is resale minus your bid. There are costs on both ends — what it takes to win the lot and what it takes to resell it:
When you win:
- Buyer's premium— the auction's cut on top of your bid, roughly 10–15% depending on the source (Triangle 15%, GovDeals ~10%, HiBid ~15%) — and $0 on GSA Auctions, which sells federal surplus at the hammer.
- Sales tax — charged on your bid plus the premium (e.g. 7.25% in NC).
- Getting it to you — local pickup is free; some lots add freight (e.g. Triangle trucks South Carolina stock to the Raleigh pickup point for a flat $5).
When you resell:
- Marketplace fees — about 13% of the sale price (eBay-style final value fee plus payment processing).
- Shipping to your buyer— a rough estimate based on the item's category and size. A phone ships cheap; a sofa doesn't. An estimate in V1, not a precise quote.
We score it on profit AND demand
A big margin that takes months to sell is not the same as one that flips in a week — so the score weighs both the profit and how quickly similar items actually sell (sell-through rate and average days to sell).
Profit of $250+ and strong demand — at least 60% sell-through and typically selling within 21 days.
Solid profit of $80.00+, or a high margin that sells more slowly. Real opportunities that don't quite clear the top bar.
Below the profit thresholds. We still show these — clearly flagged — so you can judge for yourself rather than having them hidden.
That's why you'll sometimes see a listing with a huge profit number tagged only “Worth a look” — the money is there, but the item tends to sit. The score is honest about that.
Tracer is a discovery tool. It surfaces opportunities and does the math — it never places bids or buys anything on your behalf. Always confirm the details on the source listing before you bid.
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