My list of seller red flags

Several important issues were brought up on this forum.  Some people have nits, but lets get real.  There is no one out there forcing anyone to buy any equipment.  that is all on you.  There is a '"blue book" that most shops use (I've seen it many times) that shows prices of used equipment.

Same as with cars, watches, etc.  I typically price items to sell.  Meaning that I price at or slightly below blue book value.  most times below.  This does not mean that I am desperate. It means that I am trying to convey  to potential buyers that I have priced correctly.  However, many potential buyers take that as a weakness on my part and still lowball the hell out of the price.  I used to get insulted, but now I ignore completely lowballers.

I really don't care a lick if a lowballer got insulted that I ignored  their offer.   I prefer local pickup because that means that the buyer will pay with cash and more  importantly, the buyer will see  and hear the unit actually operate.  This way they can't be a paypal lookie loo where they receive a unit under paypal, realize that even though it looks and operates as advertised (always do),  they can make some outrageous claim on paypal and get their money back.  As I have mentioned many times in other posts, I am not a store.  Also, paypal protects the buyer, never the seller.  If the buyer insist on paypal, (never for in-home pickup) that buyer will pay the paypal fee, no me.  Checks are fine (my risk), but I wait until my bank tells me the check clears (yes I know scammers can get around this), before I ship.

I have never had one person come to my home and hear a unit operate and change their mind.  Never.

I am honest, I state clearly the condition of the unit for sale.  They always work correctly. If it was modified, I explain clearly what the modifications were and even why it was done (if at all).

I have purchased many items on audiogon also.  Each Item  I purchased, I researched the price (high, average, low) selling price to know what the market price actually is. also the rarity of the item may make items more valuable.

I can' think of one time where I offered less than the asking price.  Because I am not a flipper and I am buying for my system and enjoyment.  I'm not trying to buy low and flip. 

Most people want a fair deal.  Americans don't like to haggle, like many other countries do.  That is America.  nothing wrong with that.  But, a fair price is a fair price.  Every time I saw an item I was interest in being priced way too high, I simply moved on.  My world wasn't going to end if I didn't purchase that Item at that moment.

Unless it was/is a very rare item, it will come up for sale some other time or some other place.

I sell for two reasons.  1.  I may have too much stuff and it is time to clear some items out, or 2) I am upgrading, bought a new or used item that is better than the  one I own and want to sell the current item.

Look; If you don't like the price or the advertisement, simply move on.  You don't have to buy the item from that person.  What are you, the advertising police?  

In this hobby, unless you are a hoarder, to upgrade, you have to sell your existing item. Do so fairly and move on.

Also, in closing, yes, an item is worth what someone is willing to pay for it. but an item is also worth what I a willing to sell it for. If you don't like that, don't buy the item.  There are times where I will entertain a lower  offer than what I initially advertised, but, if I priced it to sell in the first place, there isn't much room on my part to go much lower, and as long as I'm no desperate, I won't.

enjoy, and stay safe

I don’t really know anyone here, yet I feel that Audiogon would be a good place to purchase high-end audio equipment, especially from familiar names.  People here care about the music and equipment that accurately plays the music.  They enjoy sharing that enthusiasm with like-minded people, including newbies who are pursuing a new found interest,  They don’t seem like the sort that cares mostly for the buck or profiting by hiding a significant flaw in their equipment to get a sale.  The only reason I can think for not buying here is that the equipment and the prices they command are usually out of my league.  It looks like great stuff, but Im on a fixed income budget.  

I bought from a guy without looking at his feedback. Mistake. The item was damaged in shipping, and also obviously was not in good shape to begin with. No response from my complaints. I left neg feedback and noticed he had done the exact same thing to two other people. I left him some more neg feedback. So he left neg feedback on me! Made up a big fake story.  No one know how many people this jerk has ripped off and he has "high status" on audiogon. I’ve bought and sold twice as much as this guy and he gets a "high status" rating? How do I get a high status rating? Not that I need it. Point is, don’t put much faith in audiogon ratings. You may be dealing with a high status seller!

It's the market that determines the price, not what you think it is worth.

The Seller is the other component that makes up a Market. Value is relative to each party. When 2 parties are in agreement on the value, you get the transaction. Doesn't matter if it's records, amps, options or futures.