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
Now that 'research' thing should already be done way ahead of time so that should some ad come up, you can act right then. I didn't mean to imply if you find something to then research it... you'd probably be too late to get it. I do agree the best deals I see are always on things I haven't considered. It takes a lot to lay off of those sometimes. My wife comes home from shopping with a few un-needed items and invaribly says 'But it was on Sale'. Anyone need a high quality toaster with a built-in GPS tracking device? But your point on those 'not looking for' items is well taken and could result in a terrific improvement to your system in an overlooked area.
Just so we know--and depending on your Paypal account the fee is over 3%. One % more ain't quite "rip-off" status. (A note for our penny pinching buyers.)
LOL, not many seem to like "lowballers cheerfully ignored".

My last item sold in one day for $100 less than my asking price. The lowballers were out in force once again.

As others have said if you are here at AudioGon and interested in an item, you should also have a fair idea of it's actual market value. Research is the key.

I'm not a professional audio salesman, however I like my music and now have a system if I had to pay retail would top the $100K mark. Audiogon and shrewd buying have allowed me to have the system of my dreams for a fraction of it's new list. Shrewd buying means having a look out the back door while you're going in the front. It is possible to buy and try and recover your investment fully if the piece doesn't work out in your system or if the upgrade bug hits.

As to PayPal, if a buyer wants to use it to get an item quicker, then he/she can pay the fee. I have paid the fees on items I've bought when I wanted them ASAP. I would never ask someone else to do what I would not. Fair is fair.

Otherwise, overnite the check!

Best,

Paul :-)
Do I ever pay 1st price? Yes. It depends, however, on (a) what the item is, (b) how badly I would like to have it, and (c) if it is a "hot" or not. I don't make a practice of paying above fair value for something. I also do not make a practice of paying stupidly for something. But, if I do beleive that the seller has appropriately priced someting and I run the risk of losing the item if I bid below the asking price - I'll pay 1st price. I view things on a case by case basis.

Now, when I sell someting that's an entirely different matter. I will always advertise at a modest premium to fair value. First, it gives you room to work with a good buyer. And second, it acts as a filtering mechanism for all of the low-ballers and fickle buyers who say "my best friend payed $X - 25% for this same thing last week." Strong buyers make themselves known very quickly.