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?
hilde45
Sorry @hilde45 - I just assumed by your alias that you were female. You know what happens when you ASSUME....

I wonder if there are any women on this site. Anyone out there? Bueller....anyone....

@gano - you are confusing honesty with charity ....receiving incorrect change and returning it is honest (although it would be interesting to see what % of people would return it. I bet it would depend on who gave you the extra change, a small businessman or a huge corporation that is publicly held).

Making a profit is not dishonest - leaving money on the table in a business deal is charitable. If you work for someone else, they are paying you for your time and you are taking their money. Do you think that is dishonest? Would you work if they weren't paying you what you consider a market rate? What if you thought you were worth more? Would you look for a different job? We're not talking communism/socialism here. This site is for commerce, not charity.
gano, although I spoke on the other side, I totally hear you.
hilde's 75 bucks is neither here nor there, but  the extent to which one thinks of one's hobby and fellow hobbyists  in terms of profit is something worth thinking about.
No disrespect to dealers here: we're all in their debt. But the cost of "turning pro" in anything, from carpentry to poetry, underscores the point.
@jdoris - selling gear you don't want any more is not turning pro if you happen to make a few bucks. What if you inherited the gear and decided you didn't need it and wanted to sell it? Should you give it away?

2 equally motivated (or unequally motivated) people reaching an agreement is called creating a market. Audiogon is a marketplace. Being a good consumer and seller is knowing the market.
@ sokogear
I am not confusing anything. You are dragging "business" and corporations and employers into this. They work based on the forces of the market and the regulations imposed by the government. It is just about a dude and you, both buying and selling used gear or exchanging fixing your car for a helping him with his son's resume, stuff between regular people. Let's not bring Marx and Friedman into this. I quoted catholic values. But they are just "values" - my values
@ jdoris
interesting point. With audiogear I think of dealers as people too, to some extent - vs as a business. And when I look at ads from private sellers, I always think of if and how I am willing to pay more to a dealer, like +15% or so because it's not their hobby but their source of income. It must be a tough business and must be hard to find the right model. Whichever way I look at it, we are humans who care about each other, it must not always be about transactions and profit