Reverbs Best kept secret! You should be using this feature!

[@TweedTones]

The best thing to do on reverb is to find the shop/person and call the shop directly or find a way to contact the seller directly for a local pickup etc. This way you avoid all taxes and horrible reverb fees. Especially as a seller, you take a hit so hard and you get a nice 1099-K tax form you have to pay the government if you made more than $600. As a buyer you always get a better deal buying directly and not through reverb, call the shop and they almost always waive the reverb fee they’d have to pay if it were bought through reverb.

[@ivanrosemusic]

Still have to pay fed tax if you sold at a loss relative to your basis?

I have never sold anything on Reverb. Don't want the 1099K. Sell it locally via other methods. Reverb is great to locate the sellers and call them and do the sale off this expensive sellers fee tyrant money grubbing Reverb!!

[@homegrownson]

Might be some tax changes with new administration, if so a repeal f Bidens tax and 1099 might disappear

[@TweedTones]

@ it varies per state. In my state it’s $600. Reverb has a detailed amount including the states that have different caps

[@maverick_trail]

This is true and I've done it many times. I've found that business sellers are cool with it, but many individual sellers either think you're going to scam them or lack the capacity to understand tax/fee avoidance. Instead they'll stick with their high price and wait instead of taking the quick/easy sale.

[@richardculver5273]

That 11 year old is surprisingly knowledgeable and so well spoken.

[@archer4556]

Evening boys, I have all of my gear in Reverb under the collection. I always use my price out the door instead of Reverbs estimate. I also scan the receipts and put the scans in with the pics. I use ALL of the manufacturer's specs in the website description, ser #'s ect. Awesome tool on Reverb.

[@southernpanda33]

They’ve had that for at least as long as I’ve been using Reverb and I started about a year and a half ago.

[@TheChristafershawn]

Yeah, it’s been a couple years now. I’m not interested in it personally.

[@holstorrsceadus1990]

It's been up at least since the last time I bought a guitar on the site so at least a year or two. The best part of the feature is it let's you view other collections that have been made public so you know whose house to rob. 😅

[@travismccartney]

I use it for all my guitars and amps. I have also used the feature to list stuff before. I have found that it doesn't do too well with vintage/custom shop/boutique guitars and amps for automatically finding the estimated value however, so those have been manual inputs.

[@BobbyJohnson-le8vw]

That sounds like a very useful feature. I never knew about it. Thanks for the heads up

[@jeremyversusjazz]

Yeah i need to finish filling mine out in case something happens. It is a cool feature.

[@MarioMicheliAZ]

This is very cool. Thank you much guys. Look forward to finding out whether or not a link to one's collection can be shared.

[@scottgrady1529]

That has been around a while

[@tomeasley3538]

That feature has been available for several years I had chose not to use it for many reasons but I can see where it could be a great tool for valuation

[@bks252]

Had no idea. Thanks guys! I do have all my serial numbers and model for all of my stuff, including PA, microphones (yes I know they don’t have s/n) so in case of fire or theft.

[@jedisparky]

I did not know about this. It's cool, I think I'll use it just to have a catalog of my equipment. It does give Reverb a point in the "Value to use" scale. More from them like this, I might start using it more.

[@umrmech84]

And, when it inevitably gets hacked, it will make a great shopping list for thieves!!!

[@allend3127]

My thoughts exactly!

[@Zundfolge]

Guitars are only one of my expensive hobbies, the other major one increases the risk level to would-be thieves exponentially. FAFO thieves.

[@LucasJRice]

Make sure I’m asleep or at work. Period.

[@chasinguitars]

You guys need to bring your guitars in and let see what you guys have in your guitar collections and what you like about each guitar..May inspire us to make some new purchases.😊

[@LucasJRice]

I’m just now realizing that the biggest most unused feature of reverb is sales records/charting. Most common instruments will show you how much everyone has sold for on reverb… graphed and listed with dates.

[@DragnWolfe]

The last thing I need is a website to verify that I would need to pay someone to take any of my beloved gear.

[@jameswhite1450]

I didn't know about it. I just set mine up, very cool.

[@matthewcalleri8239]

This is several years old.

[@andrewbecker3700]

After about 6 years of planning to do it. I've finally gotten around to getting a picture of all my guitars. Had individual pics, but wanted to get an inventory shot of them all together. Its nice to have them for your records, in case of tragedy or theft. Never thought about having the collection assessed. But how can that be done accurately with guitars? Only 2 of the 11 I'm currently hoarding, are 100% percent original besides straplocks. If your into vintage all original guitars, that might be plausible. But most of us have a bunch of hot rodded and heavily modded, modern spec'd guitars. It sounds like a way for your personal stuff to get its privacy invaded. I'd be very leary of putting my babies out for the pimps to judge. I know what they're worth. Nobody else can possibly know with any degree of accuracy what your guitars are worth. Unless they all happen to be run of the mill, completely bone factory stock. Sounds like a great tool for the sheeple. I'm good. Peace!

[@PeterMoore350]

dont compromise. i sold a guitar virtually half price because i had health issues.. not going into that but hey. be sane and not drunk when accepting offers

[@LucasJRice]

Tons of generalizations here.

[@srt8speed]

Wow! Always enjoy your show and wanted to buy a T shirt to support in a small way, but 27 for the T and 17 bucks to ship to CT? $44 too rich for my blood for a T shirt..

[@Scaredycat-dad]

I like the idea of this, I’m going to try it.

[@evalonious]

After this video Reverb will see a noticeable 1% increase in the usage of the "Collections" feature. Im gonna try it now actually, its like window shopping all my gear. Shout out from Asheville

[@srt8speed]

Sorry if you mentioned this, but you can also see how much things actually sold for.. most helpful!!

[@mattonthewater]

My wife said I’ve got to stay off of reverb

[@PeterMoore350]

Happy wife happy life !! Cheers from NZ 😎🎸🤘

[@investingingeorgia8853]

Back to eBay for you I guess

[@Smart-Alex]

You’re better off. Keep your money to weather the economic storm coming sigh

[@huskiesguitarsrockandrolla5881]

Tell her, " you are not the boss of me!"

[@wewin03]

Got like just looking out for you or if you buy one more f***ing guitar I’m leaving?

[@LucasJRice]

I do love the my collection feature, I even use it on Fenders website as they have something similar. Obviously my collection looks more impressive on reverb, than fender. And even more impressive irl, I’m not putting flight cases into my collection on reverb lol.

[@darrennwalters5189]

Good morning!! I hope all is well.

[@homegrownson]

Most people will never recover what they put into an instrument whether in Trade or as Sale, it's the same for Those Upgrading Their Guitar not getting a return for that investment and many times devaluing Guitar by Doing So. Rare does not always Mean Valuable, Condition Does Matter as Does Originality, as The Boomer, Gen Z or Millennials wanting Their Dream Guitar want Their Vison and not Yours. So any tool that can educate the masses is a Winner in my Opinion

[@bluegryp]

Vintage is where you can sustain your investment and even make money. I’ve made a lot of money on vintage amps and guitars. Not so much on my new gear though.

[@jeffhigginbottom9624]

you have to use a computer to access this feature as far as I can tell. I put my stuff on a couple of years ago thinking it would be nice to pull it up when I am in purchasing mode. It doesn't appear to show up in the app. If someone knows how to do this, let us know. Thanks. Love the channel.

[@bluegryp]

I’d like to know this too. Can’t seem to access it on app. Seems dumb to not offer it on the app

[@srt8speed]

You need to access from a pc or mac.. phone doesn’t show it- on mine anyway

[@CraigGriffiths]

If the prices constantly update it could become a guitar version of the stockmarket.

[@deaconddd]

Can you all add more inventory to your website. I always see all these guitars hanging around but the aren’t on your site 🤷🏾‍♂️

[@EdHeinzelman]

assuming that this is secure and private, I would consider using it.

[@friedtaters8940]

Reverb goes crazy

[@PG-ex3kl]

I can’t see if it’s available on the app!

[@DalelCampbell]

That's an odd question st 7:54 🤔

[@mtmusicgear]

Oh snap. Fresh vid. First here. Thank you to the algo.

[@brianwilcox2543]

If you're going to list all of your stuff, make sure that your address is not listed on the internet. Otherwise, Bad Guys will find out what you have and where you live and come help themselves to your stuff.

[@LucasJRice]

I’m not saying it’s completely safe but other users don’t have access to your collection.

[@PeterMoore350]

I did mine about 4 years ago i think. Maybe 3. It’s a great idea but obviously Reverb needs to explicitly match the item for a value. For example my rare Sun Dew Gold Ibanez Pia is an easy match because of the words describing it. It’s for sale by the way $NZD8250 and it’s yours you arrange shipping. But if i describe a Squier Affinity Strat? Well it’s going to apply a generic value despite the fact mine is black gloss, black sparkly pick guard and rosewood (generic term) fretboard HSS. I know that that model is worth more than your “normal” Affinity Squier. Does Reverb ? So be careful. The value Reverb sets or estimates may actually be lower. Do your research Cheers from NZ 😎🎸🤘 EDIT: my sparkly Affinity Strat cost me the least of all of my guitars but it’s a fave and not for sale.

[@MayorMcCheese2000]

This is a pretty cool added feature for reverb! A lot of people might not realize they have enough gear that it merits informing their insurance company for their home or renters insurance, especially renters insurance which normally doesn't cover the value of a big guitar collection.

[@trev3971]

A comprehensive list of gear in a user's possession, tied to their shipping address, all in a web-based database. What could go wrong?

[@gshep42]

Who wants big brother to know what guitars you have?!

[@jryan7932]

Data Collection.

[@jezzer1969]

I live in the U.K. I can’t see this feature on the webpage or the app. The Reverb app is really clunky and needs an update. Also why are we second class citizens in Europe in terms of Reverb features.

[@billybaloney2638]

Data mining

[@PeterMoore350]

i dont mind my data :-) EDIT: threw ya right ? thats my brain, i need work, contact me.

[@maverick_trail]

Correct

[@allend3127]

To answer your question regarding the fees, the answer is no! The fees are way too high.

[@PuttinOnTheRiffs]

Watching this hoping I can change my feed data cause I keep getting suggested acoustics so I guess reverb thinks I’m a girl or somethin

[@matthewsumma]

👌🏽 = 666

[@maverick_trail]

I don't really see a value in this feature, you're better off documenting your own gear in your PC. Then again, I can't stand Reverb...

[@TheChristafershawn]

Agreed

[@benharvey356]

Awesome. Now the government can tax you for the capital gains when you buy a telecaster for $1,000 and sell it 20 years later for $3,000. And don't forget annual personal property tax.

[@keestoft250]

I have expensive taste but zero money, it's a problem.

[@mvp019]

Never.

[@staggerleegoods5075]

Reverb fees are trash! They are driving up the price of guitars. How the hell are we supposed to make $$. It's a loss!