From Brian Willoughby Sent Mon, Oct 1st 2018, 04:30
From Brian Willoughby Sent Mon, Oct 1st 2018, 04:30
On Sep 30, 2018, at 8:38 PM, Tomislav Babic <xxxxxxxx.xxxxx@xxxxx.xxx> = wrote: > 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 = offers being made under the asking price. >=20 > i see vintage stuff is grossly overpriced. waiting for the right = impatient sucker=20 > with more money than brains. >=20 > also, i see lot of sellers asking twice or more the going prices. = probably trying to artificially=20 > raise the perceived "asking price" to the uninitiated, only to later = offer another unit under=20 > another monikker, for slightly less. and then if you are naive, you = feel lucky you got it=20 > "cheaper" and snag it.. >=20 > same goes as on ebay. 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 price may need to be ridiculously high to find out what a = buyer is willing to spend. Smart buyers will either skip the auction = entirely, or make an offer. Smart sellers will adjust the price down = when the auction fails to succeed, and 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 waste a bunch of time trying = over and over to sell an item above what people are willing to pay, = because their profits will eventually be lost to listing fees. 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 actual market price than the asking prices of active auctions = (which may never complete at the asking price). Smart buyers will look = at how often a particular item becomes available, and what prices it = sells for. I=E2=80=99ve waited ten years for a specific MIDI device to = even be available, and I had to accept the asking price because there = really wouldn=E2=80=99t be a second chance. This SPV-355 isn=E2=80=99t even listed on Vintage Synth under the Roland = section, so it is probably more rare than the ARP AVATAR. Brian