Sold in one day

When I sell, which is not that often, I tend to go well under market, and have several times sold nice pieces for what the 'Gon bluebook indicates is an all time low. I want a quick sale, and I want the buyer, if at all possibble, to be a very happy camper.

I also tend to list most pieces, even very clean ones, as a 7/10; I just don't want any disappointment (obviously, this interacts with my low pricing). A minor pet peeve of mine is people who list older, well-used, pieces at 10/10. Really? Did you turn that sucker on and off with telekinesis?

Philosophically, although I am far from extravagant by the standards here, I expect to spend a little money on the hobby; I feel little compulsion to make money or break even. If I enjoy a piece for a few years, and come a out a bit behind on the sale, I feel just fine.

Of course, I'm a light trader; YMMV.

John

Occasionally I buy or sell in one day or less, but more often than not it takes quite a bit longer. I usually start selling on other free sites first, before throwing money at Audiogon to pay to sell an item.

In this hobby, patience is a virtue, as a buyer and as a seller, and can save one a lot of money. Impulse buying/selling is a luxury that I can rarely afford.

If you know the market, and the item is priced aggressively, than buying quickly makes sense. Just as if you really need to move something quickly, aggresive pricing makes sense.
Just as in many other aspects outside of the audio world time= money. It depends on which you have more of as to your buying/selling strategies.

I think also supply and demand applies here. A few years ago I noticed that certain familiar items were listed for a few hundred dollars less then they are now, as there was more of the same item listed for sale. Now once in awhile they rarely make an appearance on the used market and the seller is asking a premium price.

I can tell you that I have sold and purchased many items over the past few years and more recently, unless you have something rare and special, you can't expect a fast sale anymore like back in the day.

The 'good stuff' doesn't come up often and won't last long, here. I have a few items on my list that if I see them, Im nailing it. My Jeff Rowland preamp came up and I bought it and it was the first day. My email was 10th in but the 1st "I'll take it", so I became the luckiest audiophile in the world that day. Today, it may be you.

I'm with Cerrot. If there is something I'm looking for, and it doesn't come up often - then if the price is reasonable, I just pay the asking price.

A few months ago, a Ref 75 came up, which I'd been looking for for a few weeks. The price was $6000, and I took it - and I know the seller had other offers.

If I wanted to get the amp for $5700 or $5800, then if I were patient, maybe I could find it for that price. Though if I went that way, I'd still be looking for the amp months later - and then if one camp up, I might very well miss out anyway.