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03-07-2017, 05:47 PM #10
Listing a high dollar item at the asking price can turn buyers away from jump street. Starting low can generate interest. With the reserve in place to protect the seller’s investment.
More guys having the listing in their watch list, or their bidding list, will keep them looking at it and eventually could wear the potential buyer's resistance down. That is the strategy as I understand it. I generally just flat price stuff and figure if there is someone out there that wants it they'll buy it. Below, the original listing. You can see that his minimum is high. Not saying it isn't worth it, or that it is. Worth whatever someone is willing to pay I guess.
Be careful how you treat people on your way up, you may meet them again on your way back down.
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Mrchick (03-07-2017)