Sellers: When do you drop your price?


Selling my first piece of gear.  I've had a lot of views but no offers. It's been about 5 days. Great condition, 2 years old, offering about about 1/3rd off. No original box.

Perhaps all gear is particular, so if that's so, we can end this thread right here. But in case there's a general bit of advice, How long do you let an ad marinate before adjusting the price?
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When I purchase here on Audiogon, I will never pay more than 50% of retail price and if there is no original box, I don’t put in an offer.  Not trying to hurt feelings but you won’t sell it at that price.  It is not a well known brand and I see nothing that would make me want to buy a 2 owner piece of equipment at only a third off. If you are a motivated seller, drop the price and edit the ad title to say new lower price.  That in itself will get you more looks.
You’re using Audiogon to sell what you have listed on another site. Brilliant move!
Others have covered the ground. My approach to selling begins with buying. The last time I bought something not in original shipping cartons it arrived on a pallet with bits of cardboard held together by twine. You could literally see more of the speaker than the box it was supposed to be in. Always keep your shipping cartons, always take lots of clear pictures, and always clearly state it will be safely and securely packaged in original shipping containers. These few things are worth big money in my experience. You don't have any of them. 

My psychology is quite different than most. I do sometimes put a little extra in the price but mostly I look around see what there is and price mine to sell. Because you can be sure someone out there is watching and waiting (what I do!) and when they see the price drop they don't leap they drool at the thought of..... the next price drop! Price drops are weakness. They show you are weak, the market is weak, maybe the piece for sale is weak too. Don't kid yourself, that is how it works. 


"There's actually a legal standard for this, which is applied in cases such as condemnation and eminent domain disputes."

cleeds -it's just audio gear. Pricing a 2nd owner piece of audio gear just 33% off retail and WITHOUT original packing is likely to  remain.....listed.