@uberwaltz....totally agree with your post. I have a couple of items for sale where I believe my asking price is quite fair. I’m getting no offers, lowball ones and just a lot of views. Just because times are tough for sales/sellers doesn’t mean I’m going to lower my asking price to whatever a potential buyer will pay.
I understand simple economics and that it’s currently a “buyers market “. Some would say my items “are worth whatever the market will bear.” This Economics 101 philosophy is rather simplistic and fails to consider all variables. My item has a certain worth to me as I’m the one who worked hard to buy it after deciding it was the right product for me. I believe a potential buyer of my item should have to work hard to acquire it also, albeit at a lower price as it’s used. It has to have a certain worth to him/her as well, otherwise they’ll simply submit a lowball offer. Ultimately the price is not so much about the economy status as it is about simple fairness. Fairness based on buyer/seller experience and consideration.
Let’s be honest, there are some buyers who are just plain cheap regardless of what the economy is doing; wanting something for nothing. Others simply want to flip an item. There is a fine line between lowering our asking prices to accommodate the market and plain foolishness/idiocy on our part. I’m not giving my items away as I’m not desperate. I’ll hold on to them until the market picks up again. If it doesn’t, then I guess I’ll have more than one amp, set of speakers etc. to listen to. Best regards.
