Anyone pay 1st price, Even if it's fair ? Poll


As I peruse the ads all too much on Audiogon, I have flat out come to the conclusion, I am better off listing something higher than what it value is, than to list a fair price and list it as a firm price. All too often firm prices get views not offers.

It seems everyone wants to get a deal. I know the very term "fair" will spark some controversy, since the term alone is very subjective.

I'd like to know how others view this. Do you pay a fair price when it is fair to you, or do you still try to get a few bucks off?
Do you list higher than fair,knowing you will be asked to go to your lowere (fair) price?
Just curious,
Tom
carmantom

Showing 1 response by drewfidelity

The answer to your post question is yes. I have at times paid full asking price for components on Audiogon. This has only happened when the asking price is so low that I feel confident that if I want to resell the item that I will have no problem reselling at or above the price that I paid.

More often than not I try to negotiate the best price that I can on any particular component that I am interested in purchasing. I have found that whenever I list an item the same process takes place. I love lowball offers. Often times these turn into better offers that lead to sales. I do not know if any of us can really tell who a tirekicker is by first Email transmission.

My personal advice, take it for what it is worth, is that in the free market that Audiogon is it is in the best interest of sellers to never isolate any potential purchaser. You never know when that person is ready to make the leap to whatever you are selling, which may be the next item that you list. Also, conservatively grade your components on the Audiogon scale and insure everything that you ship for at least its full replacement value.

Fair price is in the eye of the two people involved in any Audiogon transaction. The free market dictates that supply and demand will meet at that juncture. That is the beauty of Audiogon.