Sellers: When do you drop your price?


Selling my first piece of gear.  I've had a lot of views but no offers. It's been about 5 days. Great condition, 2 years old, offering about about 1/3rd off. No original box.

Perhaps all gear is particular, so if that's so, we can end this thread right here. But in case there's a general bit of advice, How long do you let an ad marinate before adjusting the price?
128x128hilde45
@sokogear
if let's say I found something on the street, that I would be sure no one is looking for, I would sell it for fair used price and I would try to use the money in ways that would benefit others, take a friend out to lunch, leave a big tip, save the dolphins, whatever. 
If it's an inheritance, I can't find any hook to your logic that "I got it for free". The person I inherited it from paid for it or someone he inherited it from paid for it, why would I give it away? Unless it's an uncle I never knew about, I work very hard for my inheritance, so I deserve to benefit for it. I.e. I support my mother financially and in every aspect and my contribution to her well being way exceeded what I will ever inherit. If my neighbor gives me his old speaker, and I don't need it anymore, I will ask him if he wants it back, if he doesn't, I will sell it on craigslist and tell him about it and split it fairly with him. I don't have a rule for everything, it's how I feel it would be fair and let me sleep well.  
@gano - it’s nice that you support your mother and are charitable. The inheritance could come from your father’s side. Someone maybe you didn’t know existed. That has nothing to do with the subject at hand. The question is whether @hilde45 could make profit off of a sale on Audiogon.

You contradict yourself saying you would do what is fair and let’s you sleep at night. Sounds like you might make money off of an inherited piece selling it for what you consider is fair, which I guess would be based on what they typically sell for.

Hilde - you did good and it sounds like you had a fair, market based, mutually beneficial transaction with everybody being happy. Congratulations- you should have absolutely no second thoughts about making $75.
@sokogear
you are asking hypotheticals but the original sale I disagreed with has nothing to do with those hypotheticals. I don’t see any place I contradicted myself. I would do in any situation what I think is fair and there are endless types of situations. I have a moral compass that tells me what’s fair, so calling any outcome a contradiction is an oxymoron.
If I inherit a piece of let’s say [furniture], I would look up the going price and put it on craigslist. The fact that my relative bought it, stole it, built it - irrelevant if I don’t know the source. I will do what I feel is fair based on my knowledge of the situation. If that same piece of furniture was sold to me by neighbor for x, that will be a different set of parameters determining fair price. You can argue that fair price in your view is formula x, and that’s your approach and that’s fine. For me the balance of the Universe depends on my formula, and there is nothing else to it.

I have sold on here, if you want to wait until you are old and gray for it to sell then do so....too many nit- pickies...otherwise, sell on Ebay. Also be advised you WILL receive a 1099 from the government for your sale on here and elsewhere if paid via PayPal. 
@audioguy85  My unit was listed for 7 days at a price which was likely too high. Hours after I dropped the price it sold. In 8 days, I didn't get that much grayer, though I admit watching it sit there felt longer than it actually was! 

The other debate about selling and profit is one I'm comfortable to watch from the sidelines. It is a fairly deep topic, since it would encompass not just the sale of an audio device but any resources a person possesses. What do we owe each other, is the fundamental question at issue. There is a wide range of philosophical and spiritual belief systems meant to deal with this issue, and once some general principles are accepted, minor examples like selling gear or furniture are easily handled. Working back toward those general principles using small examples is (in my view) a wild goose chase.
gano said: "If I inherit a piece of let’s say [furniture], I would look up the going price and put it on craigslist."

So, using your "moral compass" as a guide, why don't you just give the piece away instead of selling it for money on Craigslist?
@dill - that was my point, but you said it a lot more directly and clearly than I did....his compass makes no sense to me, but he said it's on a case by case basis, so I guess he shoots from the hip.
@dill, @sokogear,
seriously???
I wrote extensively about the nature of the inheritance, I listed examples, I explained that inheritance is not free, someone paid for it, etc. .It would not only be stupid but immoral to give it away to the person I inherited from. S/he worked hard knowing full well someone would inherit it, and would want me to benefit, hence I WAS THE BENEFICIARY on his will, inheriting. By your logic.... wait.... you have no logic. Are you really this ignorant to not read my responses? .We are now at 3rd grade level. I think you just don't want to understand. Please judge me however you want, I am done explaining. We are going in circles and you are ignoring my arguments. 
-You are making way too many assumptions.
" The fact that my relative bought it, stole it, built it - irrelevant if I don’t know the source."
-Now you are saying:
" S/he worked hard knowing full well someone would inherit it, and would want me to benefit, hence I WAS THE BENEFICIARY on his will, inheriting"
So, which is is? You really don't have an argument to ignore. Other then maybe some taxes, the inheritance is free to you or did you work for it?