From Edward Schultheis Sent Mon, Oct 1st 2018, 04:37
From Edward Schultheis Sent Mon, Oct 1st 2018, 04:37
What was the midi device? > On Sep 30, 2018, at 9:32 PM, Brian Willoughby <xxxxxx@xxxxxxxxxxxx.xxx> wr= ote: >=20 >=20 >> On Sep 30, 2018, at 8:38 PM, Tomislav Babic <xxxxxxxx.xxxxx@xxxxx.xxx> wr= ote: >>> On Mon, Oct 1, 2018 at 5:17 AM David Bivins <xxxxxxxx@xxxxx.xxx> wrote: >>> In my experience, a lot of gear sells for considerably less due to offer= s being made under the asking price. >>=20 >> i see vintage stuff is grossly overpriced. waiting for the right impati= ent sucker=20 >> with more money than brains. >>=20 >> also, i see lot of sellers asking twice or more the going prices. probabl= y trying to artificially=20 >> raise the perceived "asking price" to the uninitiated, only to later off= er another unit under=20 >> another monikker, for slightly less. and then if you are naive, you feel l= ucky you got it=20 >> "cheaper" and snag it.. >>=20 >> same goes as on ebay. >=20 > It=E2=80=99s called =E2=80=9Cclearing the market.=E2=80=9D Basic Economics= 101. No buyer offers more than the asking price, so the initial asking pric= e may need to be ridiculously high to find out what a buyer is willing to sp= end. Smart buyers will either skip the auction entirely, or make an offer. S= mart sellers will adjust the price down when the auction fails to succeed, a= nd they have to eat any costs of listing the item (not all listings are free= if the item doesn=E2=80=99t sell). So it=E2=80=99s not like sellers can was= te a bunch of time trying over and over to sell an item above what people ar= e willing to pay, because their profits will eventually be lost to listing f= ees. >=20 > I wish eBay were more active with legitimate sales, because the history of= prices in the Completed Auctions search results tells a lot more about the a= ctual market price than the asking prices of active auctions (which may neve= r complete at the asking price). Smart buyers will look at how often a parti= cular item becomes available, and what prices it sells for. I=E2=80=99ve wai= ted ten years for a specific MIDI device to even be available, and I had to a= ccept the asking price because there really wouldn=E2=80=99t be a second cha= nce. >=20 > This SPV-355 isn=E2=80=99t even listed on Vintage Synth under the Roland s= ection, so it is probably more rare than the ARP AVATAR. >=20 > Brian >=20