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I think brand new it goes for $2500, so $90] was more than reasonable for a trailernthat sat in the garage and probably only got dunked a couple times. It looks brand new even for a 2017 model
why do people post a higher price than what they'll accept when selling?
- Thread starter The motor guy
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Because no matter what you list it at, people will offer less. If you do the "price is firm" thing, it kind of paints you as a bag (IMO) and you'll still get offers at less than the price.
This! ^^^^^ This is why I no longer list anything for what I think is a fair price, for both me and the buyer.
When I sold cars I regularly got asked by customers, "what's your best price?" I can tell you that that statement means absolutely nothing because it is entirely subjective and ambiguous. So when somebody asks me that I jack the price up because that's what I perceive the best price to be.
People don't want to believe this but the happiest customers are always the ones who spend the most money and I completely understand that psychology behind this. On the flip side of the coin the most miserable people are always the ones who are trying to chase some better deal and usually end up costing themselves more money than they think they have "saved."
Because they know what they got and they aint gonna be low-balled...
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I sold a like new z-turn commercial mower a few years ago. I listed it for $8,000 (brand new listed for over $11,000) and said in the add I would not take a penny less. A guy calls me and asks if I would take less. I told him no. He says, ok I want to buy it anyway. He shows up on the arranged pick up day with only $7,900. He gets PO'd when I tell him no deal, $8,000 or no sale. Not sure what he was expecting when it was clearly stated that the price was the price and nothing less. Some people.
You could have just sent in Bobby 'The Giant Brain' Heenan and his manager Andre 'The Average Size Guy' to shake down customers.
Basic human psychology. You ask for ~20% more than what you really want for it. Let a buyer "talk you down" on price so they're more tempted to jump on it. The buyer feels like he got a win while the seller still gets what he actually wanted for it. Everybody is happy.
I personally don't do this very often. When someone asks "What's the lowest you'll take?", I often respond with a price that's slightly higher than what I'm asking. When they point it out, I tell them the extra is a fee for having to deal with such a stupid question.
I personally don't do this very often. When someone asks "What's the lowest you'll take?", I often respond with a price that's slightly higher than what I'm asking. When they point it out, I tell them the extra is a fee for having to deal with such a stupid question.
I don't claim to be any expert at negotiating prices for a purchase/sale, but it is my understanding that the first one to offer a price always loses the negotiation. So when someone asks me the "What's the lowest you will take?" question, I always weasel out of giving an answer. I've seen where some will turn it around, and ask the buyer what it is worth to them.
People always want to get a "deal" , so when selling, you price what you are selling a bit higher than what you actually want to get for the item so when playing the sales game with Joe Bob and his low ball offer, you can counter with the price you want .
One normally prices something at the high end of its likely value leaving room for negotiation.
It is normal for a prospect to offer less than the advertised price, so pricing a little high gives the seller room to come down.
Just how things work, although not typically in US retail stores.
Not in other countries either, but in the large markets with many vendors we don't typically have here, absolutely.
It is normal for a prospect to offer less than the advertised price, so pricing a little high gives the seller room to come down.
Just how things work, although not typically in US retail stores.
Not in other countries either, but in the large markets with many vendors we don't typically have here, absolutely.
I don't grind hard- but I have to ask what you can do on the price.....but I list a little high, tough to come up in price when negotiating.
One time, I had a buyer raise the price on me. I sold an old Lincoln Town Car to a PFC in my platoon. I gave him a good deal on it of just $1,200 being a buddy. The next day, he shows up with $1,800 saying he checked KBB and saw what it's worth in fair condition and didn't feel right paying me less than that. We went back and forth for a good 10 minutes with me trying to convince him to keep the extra $600 but he was insistent.
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Did he come back with the other $100?
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I did that once. He asked me how much I was selling said item for, so I assume that meant he forgot what I told him earlier, so I went up. Somehow he remembered what the price was 2 weeks prior instantly lol. But you said $280 two weeks ago, why is it $300 now? Haggling as a 12 year old.... those were the good days lol. I swear I was smarter back then too.
Owen Lucas
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I do "Priced Firm" and stick to my guns.
There's a butt for every seat.
Paid Craigslist ads worked the best for me. Facebook is a crapshoot with people from Albania messaging you and getting into arguments with weirdos.
There's a butt for every seat.
Paid Craigslist ads worked the best for me. Facebook is a crapshoot with people from Albania messaging you and getting into arguments with weirdos.
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Nope. Sold it to the next guy that called.
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