PS3 News: Gamestaq: Fair Buying And Selling For Hardcore Gamers - PS3 News

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Gamestaq: Fair Buying And Selling For Hardcore Gamers

Raise your hand if you're annoyed at the current trade-in prices for games...yeah, we see a lot of hands raised.

At best, GameStop will give you about 1/3 of what you paid for a game, and we all know they'll turn around and sell it for only $5 less than the cost of new. It's why many hardcore gamers simply won't partake of the program. But a better deal seems to have emerged: enter Gamestaq, a "streamlined peer-to-peer marketplace for buyers and sellers of video games," which only recently went live on December 16, 2010. With gaming as the top grossing entertainment medium, there is always a demand for a used game marketplace, and one that doesn't make the consumer frown in discontent after making what appears to be an unfair trade.

At Gamestaq, they will initially focus on titles released in the past 12 to 14 months and they will continue to expand their database of titles as time goes on. The beta was launched during the second half of 2009 and about 2,000 hardcore gamers gave it a shot. It was "very well received by this critical audience that provided many positive comments and reviews." Created by co-founders Joseph Gindi and David Faham (both experienced gamers), the duo wanted to "bring together sellers and buyers to complete equitable fair market trades." Said Gindi:

"We created Gamestaq because of our personal frustration with selling games. Brick and mortar competitors will buy a game for $25 and sell it 15 minutes later for $55. Gamestaq gives both parties the real market value for games through our secure and guaranteed marketplace."

The way it works is that Gamestaq utilizes a "proprietary algorithm that pulls in average pricing all across the web," and then they set the price for both the personal sale and purchase of the game. Basically, you offer to sell your game via Gamestaq, and they match you with a buyer looking for that specific title, so there's no "bulky auction process." Buyers and sellers need not interact; Gamestaq handles it and guarantees all transactions and ensures payment data security. Here's the rest of the description, for those of you who are interested:

"Once shipping is confirmed by Gamestaq’s unique pre-issued tracking number, their funds are released by Gamestaq into their own personal account. Each Gamestaq customer has a unique dashboard where they can control account and social information. Sellers can choose to use the money in their account to purchase a game via Gamestaq or can choose to cash out via PayPal or other methods. Revenue for Gamestaq comes from a small commission for each transaction that is payable by both buyer and seller. Gamestaq also does not require any additional posting fees for sellers."

As Gindi noted, "used video game consumers have been clamoring for a better way for years, and Gamestaq fills that need perfectly." I still remember working at EB about ten years ago, when they'd actually give you half of what they'd turn around and sell it for. But the gap has widened and many gamers won't do trade-ins at all, anymore. Well, Gamestaq might be a great solution; it sounds easy and both buyer and seller should be satisfied.

Tags: gamestaq, used games, gaming industry, buy and sell games

1/14/2011 10:06:13 AM Ben Dutka

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Comments (35 posts)

Feregrin
Friday, January 14, 2011 @ 10:41:13 AM
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Looks good. A shame they don't ship to Europe though.

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Shams
Friday, January 14, 2011 @ 10:46:45 AM

A shame for them. But, a business opportunity for someone else.

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Temjin001
Friday, January 14, 2011 @ 11:10:21 AM
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Good news.
I'd imagine gamers are still letting themselves get ripped off by trading into Gamestop because there's always mountains of used games at Gamestop.
But I don't sell to Gamestop.
I did pick up SC: Double Agent(360) for $9.99 there the other day. Playing COnviction inspired me to go back and value the way SC was original meant to be played.

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RadioHeader
Friday, January 14, 2011 @ 11:18:52 AM
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Hallelujah praise Jebus! This MUST catch on, and hopefully world-wide.

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marcusfrommo
Friday, January 14, 2011 @ 11:33:32 AM
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What's the difference between this and Gamefly. I tell people here, best buy, and at gamestop that Gamestop is a trip. They only sell a 1 year warranty for there consoles, for 50 bucks and no return policy for open accessories.

There program is somewhat of a joke. I see anywhere from 2 to 50 people in line trading there games up there. You'd think that there were the only business selling games or collector's editions.

At gamefly, the most you would pay for a used game if you rented from them would be 40 bucks for the ps3 or xbox 360. You just pay the tax, there's no shipping either. They don't do collectors editions or dc universe for example.

But hey, it's up to you.

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WorldEndsWithMe
Friday, January 14, 2011 @ 12:18:33 PM

It's often cheaper to just buy on ebay, because you aren't paying a subscription fee on top of the purchase fee from gamefly.

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AnonWTF
Friday, January 14, 2011 @ 2:13:32 PM

Well, it all depends on the taxes, shipping, video game and deals or sales going on that day for that particular store.

Ebay is not always your best choice and that goes the same for gamestop or any other place that sales video games. It varies.

Also, people usually don't count shipping and always think ebay is always cheaper. Psssh, yeah right. Got to count all of the expansives and sometimes even reliability might come into play.

Btw, if your not paying for taxes on something, you will have to write that down when your doing your taxes in January or whenever you do it.

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WorldEndsWithMe
Friday, January 14, 2011 @ 2:21:03 PM

No, smart people take shipping into account of course as some have it separate and some include it and call it "Free Shipping." Any game that is $40 + tax at Gamestop you can usually find for $30 shipped on ebay.

And nobody is gonna report that in their taxes.

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Jed
Saturday, January 15, 2011 @ 1:49:40 AM

I buy a lot of games from Gamefly, you can get it pretty much brand new, and then buy it for around $30. Also, once you have been a member for a while you get stuff like free shipping and a bonus $5 every few months. It sure beats gamestop.

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WorldEndsWithMe
Friday, January 14, 2011 @ 12:21:28 PM
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This... sounds... awesome! I never trade in at Gamestop, the few times I sell a game I do it on ebay but I might have to look into this. Right now I can't get into Resonance of Fate and it won't go for a fair price on ebay either. I hope this does well. The only thing Gamestop is good for is buying a cheap game now and then but even that has to be WAYY after it released. I can't believe they sell used games for 5 bucks less than new. Sickens me.

Okay, I'm gonna go check out Gamestaq now.

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kraygen
Friday, January 14, 2011 @ 12:26:15 PM
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I followed the link and low and behold it looks like what I would pay for used games, not ridiculously over priced.

One question, any idea if you can tell what condition it's in? Whether it has original case and booklet and all that good stuff?

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DazeOfWar
Saturday, January 15, 2011 @ 12:51:44 AM

In the faq it says games have to be in good condition, no scratches, original manual, and case.

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kraygen
Saturday, January 15, 2011 @ 11:20:24 AM

awesome, thanks!

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Cavan1
Friday, January 14, 2011 @ 12:50:33 PM
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for any uk readers, if you want to trade in your games, go to a big ASDA, i took star wars FU2 into game and they offered me 17 quid, then i took into my local asda which is a one of the big ones, and they gave me 32quid on an asda card along with 7quid for GT5 Prologue. naturally i used both the two cards to get GT5, but since everyone gotta eat, the trade in cards are as good as cash as you can use them on anything inside asda (dont think petrol counts).

They easily give the best value when it comes to trade in.

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Alienange
Friday, January 14, 2011 @ 1:35:42 PM
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Keep in mind that people read their game manuals in the bathroom.

Those who don't read their manuals don't wash their hands either so...

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WorldEndsWithMe
Friday, January 14, 2011 @ 2:16:24 PM

I hope nobody actually does that.

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Rogueagent01
Saturday, January 15, 2011 @ 6:02:15 AM

@Alienange

That is awesome, I never even considered that with used games of any kind. Mind you I'm not a germophobe(sp?) of any kind either. Your comment may make a few people rethink the idea of buying anything used. Ughh the images that went through my head actually made me shed a tear in laughter.

On topic I think anything that can put Gamestop in its place is a good thing. They pretty much rape consumers which is downright appauling. Granted as others have kindly pointed out I don't trade anything in to them(Gamestop) I don't care how bad or how much they are willing to give me. If they would sell the games for less earlier or give a much more substantial amount of trade for the games, accessories, systems and what not then I would have no beef with Gamestop.

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Highbird
Friday, January 14, 2011 @ 2:04:40 PM
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What about Glyde.com? I've been using them since they were in beta! Super simplified and blows Gamestop out of the water!

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WorldEndsWithMe
Friday, January 14, 2011 @ 2:21:44 PM

They are good too, this site did talk about them when they opened.

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AnonWTF
Friday, January 14, 2011 @ 2:20:41 PM
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I have a whole stack of video games to get rid of, but I'm not in no hurry v_v

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Milonakis
Friday, January 14, 2011 @ 2:51:07 PM
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Plus side is this doesn't give you a crappy in store credit either.

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ABUrabad
Friday, January 14, 2011 @ 3:56:47 PM
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I'j just checked Gamestaq and all offers are awesome , better even than ebay but still there is one problem for a guy such me , this web side only supports shipping within the Continental USA.

I would like to see them expanding their market later,

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Weaverpsu
Friday, January 14, 2011 @ 4:35:15 PM
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Um...people, the best place to buy used games is half.com. Go there and click on video game section. I've bought and sold a few times and you can't beat it. I have MLB 10 the show for 17 bucks on there now. I bought grand theft auto for 20 bucks when I first got my PS3 a couple years ago. We don't need any other site.

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Weaverpsu
Friday, January 14, 2011 @ 5:30:08 PM
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Having said that, the site is very slick. However I don't like just clicking to buy with out knowing what condition the game is in or scrubbing is included, etc. Half.com has all of that. Site needs a little work.

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Dealnightfire
Friday, January 14, 2011 @ 6:53:13 PM
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I use Glyde.com and never had a problem doing it that way. Glyde is already better than these guys it seems as they are just trying to do what Glyde does now.

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StangMan80
Friday, January 14, 2011 @ 7:15:30 PM
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My brothers were trading in some games at gamestop, so I let them take my Madden 10. my brothers actually sold it for $1 but if you wanted to buy it you would have to pay $15. I was so pissed, my brother tried to give me the one dollar and just said forget it.
I never take my games any where to trade in on or sell. I use craigslist.

This is sounding perfect, I like it. I'm going to it right know.

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StangMan80
Friday, January 14, 2011 @ 7:44:13 PM

Holy crap, this is awesome. I love it. I listed a few games already. More cash for the amazing 2011 game line up this year.
Thank you.

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A2K78
Friday, January 14, 2011 @ 8:10:14 PM
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Why would I need this when I can just buy/sell my games on ebay or craigslist?

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eLLeJuss
Friday, January 14, 2011 @ 8:49:47 PM

Word.

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___________
Saturday, January 15, 2011 @ 2:53:46 AM

because 9 times out of 10 the buyer does not pay for it!
if i had a penny for every time i sold something on ebay and did not get paid for it........
O, not to mention people on ebay are tight a$$es!
I'm selling my Asus 26 inch full HD monitor on there, bought it for 600 bucks 16 months ago got it on there for 140 and people are complaining its too much!
one guy even offered me 60 for it, yea like im going to sell a 600 dollar monitor for 60 bucks!
why dont i sell you a Ferrari 456 Itallia for 100 bucks while im at it?
140 for a 26 inch monitor that was 600 bucks not even 1.5 years ago is too much?
something that would cost you a easy 400 at the shops!?
yea.


Last edited by ___________ on 1/15/2011 2:57:16 AM

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DazeOfWar
Saturday, January 15, 2011 @ 4:26:09 AM

I just found a brand new Asus 26" fullHD widescreen monitor for $288 with free shipping. It doesn't matter what you paid for it. Most electronics don't hold value. Hell you can't even give a nice tv away for free nowadays.

Your price is pretty good but most people see that it's almost 2 years old. Why not just spend and extra $140 and get a new one.

Last edited by DazeOfWar on 1/15/2011 4:28:11 AM

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DazeOfWar
Saturday, January 15, 2011 @ 12:49:19 AM
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Looks cool but I think I get better deals from Goozex. I just shipped The Sly Collection which gave me 1000($50)points. If I would of used this site I would only get $25. Shipping costs are the same and I don't get charged for trading my games.

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___________
Saturday, January 15, 2011 @ 2:53:03 AM
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your complaining at one third!?
come live here and get 30 bucks for a game you payed 120 bucks for not even 2 weeks ago!
bought darksiders again for my ps3 to keep me busy till ME2 comes out, finished it today, took it back and got 34 bucks for it!
34 bucks for a game i payed 110 bucks for 10 days ago!

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LightShow
Saturday, January 15, 2011 @ 9:34:50 AM
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looks like glyde.com, except glyde does books, cds and movies too.

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spiderboi
Saturday, January 15, 2011 @ 4:04:33 PM
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For selling and buying 2nd hand games, I prefer the online community which is local to our country, and only agree to meetups for transactions. No fear of no payment, and the price is always competitive.

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