frank theriault wrote: > > Excellent advice all around, Patrick! > > If an item has a reserve on it, I usually don't bid. Why bother? I'm looking > for a bargain, not something with a reserve set at around the KEH price! > > That's doubly true if it has a BIN and a reserve, since the reserve is > inevitably set at the same price as the BIN. I don't know why these people go > through the sham of an "auction". Have the starting price, the BIN and the > reserve as the same price, and stop wasting everyone's time!
Well, I'd say it's because they don't want to sell their spare camera parts at fire sale prices, like it's damaged goods! You don't want just a bargain, you want a steal! If you don't put a reasonable floor on the price, a flawless SMC Pentax 50mm f/1.4 lens could sell for $20, when we all know a prime example of that lens is easily worth triple, perhaps 4 times that price. Yet, you'd have the seller take anything s/he could get and probably have to pay shipping on top of everything else, right? I'm definitely not in favor of asking Abercrombie and Fitch premium prices for everything, but to offer my pretty little camera part, babied and tended as such for years, is hardly worth lowering to the junk table at the Good Will Store prices. keith whaley > cheers, > frank > > Patrick Wunsch wrote: > > > 9 times out of 10, you will garner a higher selling price by not having any > > reserve. When you set a reserve, most people, including myself, assume > > that the price you set is what it's worth and not a whole lot more. This > > keeps people from bidding on your item. The single driving force to get the > > most money from your item is having all the more people bidding on it. > > > > As far as selling "as-is" or not. I would do the opposite. If your fairly > > confidant in your product, do the opposite and guarantee that the item is as > > described and offer a refund if it isn't. This will surely raise the final > > price. Of coarse you would have to honor that guarantee but that's only the > > right thing to do. > > > > Just my opinion but also my experience from consistently getting a much > > higher than average price for some of the items I have listed. Good luck > > > > Pat
