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 4 responses by jmcgrogan2

It depends on the market, and how quickly I want to sell. Many times it's just a matter of timing. If I'm in no hurry, I'll place what I feel is a fair price. If I want to move it quickly, I'll lower the price. If priced right, it'll move quickly.
To answer your question, yes, I've paid full price. If I see something I want at a fair price, I jump on it, no questions asked. I find items are usually sold in the first 24 hours, and many times less.

There are some here who are looking for the best deal, and there is nothing wrong with that. If you don't want to haggle, price the item accordingly. The market will dictate the items value. If you price it at a no-haggle price, it'll be sold within 24 hours. If no one wants to pay your asking price, you may be placing more value on the item then the general public, and maybe you shouldn't sell it.
Driver, you're right! I'm 12 transactions behind you.
Time to sell off the system and start over.
I'll pass you yet!

FWIW, I just replied to a ad last night and offered full price, no questions asked. When someone lists a $2500 amp for $785, you don't try to lowball them. I saw it about an hour after he posted it....too late. I came in second, again. I came in second on a preamp, similar situation about two weeks ago.
It's very rare to get a chance to buy an item if it really is priced to move. Why haggle?
Ncsercs, I agree with your take on lowballers. Some are downright comical though. I don't get insulted, I actually have a good laugh.

As for the Paypal, I see it the other way. I, as the seller am happy to wait for the money order to arrive. I'll usually even take personal checks and wait another two weeks to ship. I find it's the buyer who cannot wait for the item that wishes to use Paypal for quicker delivery. If the buyer chooses to use Paypal, he should pick up the fee. If the fee bothers him, just send a money order. It doesn't matter to me how I get the money. Although Paypal fees, like shipping, can be negotiated into the deal.
I've bought and sold both ways. I don't expect the seller to pick up Paypal fees if I'm the one who wants to use Paypal. The seller does, after all, usually does have other payment options. Now if the seller's asking price is too high, I have made lower offers, in which I'll usually state 'including shipping and Paypal fees'. If the seller takes it, fine, if he doesn't fine. That's just negotiating.

Like I said earlier, if the price is right, I don't haggle at all. I'll jump on it and pay all fees. This is rare anymore though. I still see it happen, but the items sells so quickly you almost have to be watching 24/7 to get a steal nowadays. If priced right, it's sold within an hour.
Plinko, yes, the person who wants to use Paypal should pay the fee. That means if the sellers only form of payment accepted is Paypal, the seller should pay the fee. However, if the seller has other payment options, such as money order, personal check, COD, etc, in addition to Paypal, and the buyer chooses to use the Paypal option, then the buyer should accept the fees, unless he can negotiate it into the sale price, like is sometimes done with shipping.

Sailfishben, I agree. I too have acted quickly, but not fast enough. I find when a real deal is there, you need to recognize it and move quickly. Twice in the last month I responded to an ad with a simple 'I'll take it', no questions asked. Both times I came in second, the item was sold within minutes. When the price is right, do not hesitate, it'll go very quickly. While doing your homework is a great suggestion, it cannot prepare you for the best deals. I always find the best deals on items I'm not looking for. I find that what I'm researching/looking for, never pops up in a great deal. By the time I research something I wasn't looking for, just because of what appears to be a great price, it's either sold, because the price was too good, or not sold, because I found out the item didn't have the value I thought it had.

If only that great price would pop up on exactly what I was looking for, exactly when I was looking......then I know it'd be time to head for Vegas!

Cheers,
John