An IRL buddy of mine who I told to resell Taylor Swift tickets for a profit and who then told me to resell Seattle Comic-con tickets for a profit as well, told me a couple of months ago that he thought Beyonce tickets would be a hot reselling ticket. At first, I told him I didn’t think the Jazy Z / Beyonce show was sold out when it was here in 2014. The reason for that is because they were [and she is now] playing at CenturyLink Field, home of the Seattle Seahawks. That stadium is pretty massive! Even I was hesitant when Taylor Swift decided to perform at CL Field this year.
Anyway, he convinced me to buy tickets since 1) his wife wanted to go and 2) the presale in San Diego sold out quickly. Since SD sold out quickly, I figured Seattle would do the same. Let me stop right here and say – ALWAYS FOLLOW YOUR GUT! If you aren’t 100% confident in a reselling item, just pass. There will be many more opportunities down the road.
Buying 8 tickets
I decided to buy 8 tickets (I can hear you shaking your head.) The problem is that if you look at the floor map, sections 1-10 were priced at $313 per picket, post fees. Sections 11 on were $185 each. That’s a pretty big difference. It’s an even bigger difference when you want to resell it months down the road and normal customers are wondering why one floor ticket costs so much more than the other (and decide to just buy the cheaper floor tickets.) Protip – when buying floor tickets, buy the cheapest floor tickets to resell. It’s like buying the shittiest house in the richest neighborhood. I honestly don’t know why Beyonce priced the closer floor seats $130 more than the other row; that Beyhive premium is too much for casual fans. Anyway, I had 6 seats at $313 and 2 seats at $185. Ugh; I want to vomit just reading that.
Reselling the tickets
After buying the tickets, I immediately tried to resell them on TM. I would have done Stubhub, but my account was blocked because I stupidly added an AGC as my credit card (and keep forgetting to delete it.) I sold the 2 $185 tickets for basically break even (the buyer probably paid $50 more due to TM’s outrageous fees. The other 6 were still listed.
Fast forward 3 months and 2 weeks before concert
I didn’t pay attention to the listings collecting dust. Eventually, my Spidey sense went off, so I could look into the tickets. I checked on Stubhub and sure enough, floor ticket prices plummeted. They were going for about $250 to the buyer (which means $225 to the seller.) I was lucky to offload 2 tickets to a Facebook friend at $250 a piece (ate the $125 loss on that pair.) I then went to fix my Stubhub account since TM’s fees are just way too high. I have the remaining 4 listed at $250 a piece as well and hoping they move. If they don’t, I may attend or go really deep and move them for $200 a piece. At this point, I just want to get out of these damn tickets. This will surely negate my Occulus profits.
Buy the cheapest floor tickets to resell and trust your gut!