[Milsurplus] Re: Radio Estate Math--WAS: Belton Swapfest

WA5CAB at cs.com WA5CAB at cs.com
Tue Oct 9 00:02:51 EDT 2007


Well, I meant to add, got distracted and hit the send button and didn't.  
Gene Liptek once told me that Phil's father (whom I never knew) had once told him 
that if you're buying a pile, make your best estimate of what you could sell 
the whole pile for one piece at a time over years.  And offer no more than 33% 
of that.  If the owner accepts, fine.  Maybe you'll actually make 2/3 of your 
estimate, which is still probably OK.  If he or she doesn't, thank them 
politely, don't try to convice them they're probably only going to eventually have 
to pay someone to haul it to the dump (they won't believe you) and go on down 
the road.  

Only if you are cherry-picking, which is what the majority on this list would 
of course do, should you consider going above 50-70%.  

In a message dated 10/8/2007 10:36:14 PM Central Daylight Time, jfor at quik.com 
writes: 
> 
> >> [snip] So don't castigate the dealer or two who (if the familiy is lucky) 
>> show up and offer 10 or 20 cents on the dollar to haul the whole mess off 
>> in a few days.  You really don't know what you're talking about. [snip]
>> 
>> 
>  
> 
> What I'm castigating is the dealer who comes in, examines a lot and picks 
> out some high value items, buys them dirt cheap and cheats the widow. If the 
> offer and margin were as Dave said, I would have no argument. 
> BUT, once having seen this behavior is confirmation that at least some 
> dealers are willing to rip off a widow. 

Robert Downs - Houston
<http://www.wa5cab.com> (Web Store)
MVPA 9480
<wa5cab at cs.com> (Primary email)
<wa5cab at comcast.net> (Backup email)
   
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