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02-14-2015, 09:08 PM #21
- Join Date
- May 2006
- Posts
- 374
Re: Ever make and Offer on somethign that gets denied, then it sells for less than the offer?
I'm not saying all items have to be equal.....................
My point is that it makes sense to ask a higher price for items you're selling at first, and then lower the price as time goes by. So an item you wouldn't sell for $250 today, you might sell for $200 6 months from now.
That's the best I can explain what I'm trying to say...
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02-14-2015, 09:45 PM #22
Re: Ever make and Offer on somethign that gets denied, then it sells for less than the offer?
Makes perfect sense to me, Mark 17.
Let's say you're having a garage sale, and someone arrives when you first open in the morning. They pick out all of the nicer items you have and ask to get a huge discount. Would you do that? I guess you could, but there's a great chance you'll sell most of those items for a higher price when others put eyes on them as the morning wears on.
You may guess wrong on a few items, and still be holding them at the end of the day. Blow 'em out or hold them till the next sale. But overall, if you know what you're doing and have confidence in what your items are worth in the secondary market, you'll come out ahead if you don't fire-sale everything.