Thread: Zowada Tamahagane/Meteor Straight

It's why the 30 day listing is nice, it sends the message that someone is in no rush to sell something unless they get what they want for it. I think the relisting at a higher price is rooted in that also.

Originally Posted by JimmyHAD

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.

For me, if its an item that I dont really care if I sell it or not, I list it with a starting bid at the lowest amount that I am willing to allow it to go for. If nobody bids that number, so be it. I keep it. But its true that this does rule out any chance of a bidding frenzy. The "dammit, I've been outbid! I'll show him, I'll go 10 dollars higher!"

I think reserve prices are good for some items, not so much for others. I would say the more expensive it is, the more reasonable having a reserve becomes.

The market for an item like this is limited, very limited. I would imagine the buyer might be a dedicated Zowada collector.

Originally Posted by Magpie

For me, if its an item that I dont really care if I sell it or not, I list it with a starting bid at the lowest amount that I am willing to allow it to go for. If nobody bids that number, so be it. I keep it. But its true that this does rule out any chance of a bidding frenzy. The "dammit, I've been outbid! I'll show him, I'll go 10 dollars higher!"

I think reserve prices are good for some items, not so much for others. I would say the more expensive it is, the more reasonable having a reserve becomes.

Anyone who puts up an expensive item at a low price without a reserve is asking for a shellacking. It is possible that the item will bring the desired amount, but equally possible that the seller will lose out on his investment. I'd rather just put my desired top price in a BIN, with a best offer option if I'm willing to take less. To each his own, that is my policy.