There is also a cultural aspect to trading.
New Englanders tend to want to get their asking price.
As a New Yorker, the asking price is a starting point for negotiation. This is not disrespectful, but cultural.
I once was looking at a house in New England, and the owners would not budge on the price. A month later I got a call from the realtor saying that they had lowered their price. I made another offer, and the realtor said 'why are you doing that, they just lowered their price.'
I replied that they just gave me a new starting point.
We finally reached a deal.
If they had negotiated from their original price, I would have paid more.
Some people just won't pay retail even if that means the asking price on Audiogon.
.
New Englanders tend to want to get their asking price.
As a New Yorker, the asking price is a starting point for negotiation. This is not disrespectful, but cultural.
I once was looking at a house in New England, and the owners would not budge on the price. A month later I got a call from the realtor saying that they had lowered their price. I made another offer, and the realtor said 'why are you doing that, they just lowered their price.'
I replied that they just gave me a new starting point.
We finally reached a deal.
If they had negotiated from their original price, I would have paid more.
Some people just won't pay retail even if that means the asking price on Audiogon.
.