How PriceBot Finds the Right Price
Deep pricing from 42 marketplace data sources with local, national, and best-market estimates.
PriceBot runs automatically after AnalyzeBot identifies your item. It searches across 42 marketplace data sources to find comparable sales and calculate a fair market price. Here is how the pricing engine works.
Data Sources: PriceBot pulls data from eBay completed sales, auction house results, dealer pricing guides, and marketplace listings. It looks at items that have actually sold (not just listed prices) to give you realistic expectations.
Three Price Points: PriceBot gives you three different estimates:
- Local Pickup Price: What the item is likely to sell for in your area. PriceBot uses your zip code to look up local market demand. High-demand areas (major cities, affluent suburbs) see higher prices. Rural areas typically see 10-30 percent lower prices for the same item.
- Ship Nationwide Price: The price when you open sales to the entire country. This removes the local demand factor and reflects the full national market. It is almost always higher than the local price.
- Best Market Price: PriceBot identifies which metro area would pay the most for your specific item. Mid-century furniture does best in Brooklyn and San Francisco. Antique tools sell highest in the Midwest. Southern pottery commands top prices in the Southeast. PriceBot tells you the best market, the estimated price there, and the shipping cost to reach it.
Confidence Score: Every estimate comes with a confidence score from 1 to 100. High confidence (75+) means PriceBot found many recent comparable sales at consistent prices. Low confidence (below 50) means the item is unusual or has limited sales data. For low-confidence items, we recommend running MegaBot for a second opinion.
Location Intelligence: PriceBot uses a sophisticated zip-code-based market multiplier system. It knows that a Tiffany lamp sells for 35 percent more in New York than the national average, while vintage farm equipment sells better in rural agricultural areas. This location awareness makes LegacyLoop pricing significantly more accurate than one-size-fits-all estimates.
Tip: If PriceBot's confidence is below 50, add more photos showing labels and markings, then re-run the analysis. Better identification leads to better pricing data.