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?
128x128hilde45
@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
sokogear:  Thanks for your thoughts.  You might review my post higher up on the thread, where I use the example of finding a bargain at an estate sale and flipping for profit to make a point very similar to the one you've just made.  I suspect us of being in heated agreement!