Hi

….. but will the sale actually complete?

It is not at all unusual for folks to put in a crazy bid (for a number of reasons).
What often happens is they back out of the deal. The seller goes back to the
second bidder, turns out they also “made a mistake” and they back out. A day or
two later … in comes an email to the number 3 bidder. That’s happened to me on
multiple occasions.

Bob

> On Dec 15, 2023, at 6:36 AM, David Stinson <arc5@ix.netcom.com> wrote:
>
> You know, we can talk about how people list
> stuff on Ebay, pricing them by what they see
> the rest of the herd do, then wonder why
> their listings fail.
>
> But then, something like this comes along:
> https://www.ebay.com/itm/145485197776
> Which means there were at least two people
> able and willing to pay
> such an eye-popping price.
>
> Yes- it's in pristine shape.  It has the rack.
> It has the dynamotor.  But if you took this
> to any Hamfest or even a local auction,
> I think you'd be lucky to get $25 for it.
>
> This is one reason I no longer answer the
> "what's it worth" questions.  When the world
> is this nuts, why even try?
>
> The unfortunate problem is that the
> rare listings with nutty pricing which
> actually succeed spread the virus
> of unrealistic pricing for common,
> unpopular or trashed-out items.
> This ends with those items in the landfill
> after Grandpa, who will dig his heels in
> if he can't get $500 for his whacked BC-453
> "like all the others did!",
> joins the choir invisible.
> Trouble is, you can't convince Grandpa
> that the listing prices
> are NOT the sale prices.
> He will not give up on his delusion.
>
> Sadly, most of us Grandpas seem to suffer
> from the same "price-by-listing" error,
> rather than "price by sales."
>
> We can tell people that the correct way to
> successfully price an Ebay listing is to
> look at "SOLD" item prices, and also
> "COMPLETED" to see what works
> and what doesn't.
>
> Sadly, Group Dynamics are more powerful
> than logic, reason or common sense.
> The result is more of our treasures
> in the dump,
> and no way I know to stem the tide.
>
> GL OM ES 73 DE Dave AB5S.
>
> --
> This email has been checked for viruses by Avast antivirus software.
> www.avast.com
> ______________________________________________________________
> ARC5 mailing list
> Home: http://mailman.qth.net/mailman/listinfo/arc5
> Help: http://mailman.qth.net/mmfaq.htm
> Post: mailto:ARC5@mailman.qth.net
>
> This list hosted by: http://www.qsl.net
> Please help support this email list: https://www.qsl.net/donate.html

______________________________________________________________
ARC5 mailing list
Home: http://mailman.qth.net/mailman/listinfo/arc5
Help: http://mailman.qth.net/mmfaq.htm
Post: mailto:ARC5@mailman.qth.net

This list hosted by: http://www.qsl.net
Please help support this email list: https://www.qsl.net/donate.html