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If it's too good to be true, it isn't. Sellers seek the highest price the market will bear. If the price is unusually low, it's either a scam or there's someth
by Tronno 5y ago
If it's too good to be true, it isn't.
Sellers seek the highest price the market will bear. If the price is unusually low, it's either a scam or there's something wrong with the item. There are some rare exceptions, but it doesn't average out in the buyer's favor.
- muzani 5y agoThere's always trying to sell as fast as possible before they leave the country or get a medical operation. 50% doesn't strike me as exceptionally low. I've sold things for much cheaper because it's better than throwing it away, and still I get faced with tire kickers who keep trying to negotiate it then insist on some other pound of flesh when I don't budge on price. It's why I avoid used item marketplaces.
- deleted 5y ago[deleted]
- K0balt 5y agoI’ve bought several cars at 70 percent of kbb value or lower. Many people sell for just above trade in value because that’s what they are being offered by a car dealership. That’s often 80 percent or less than private sale price. Other times they just need a specific amount of money, which happens to be substantially less than the item they are selling is worth. Other times, the seller is not the one that has to purchase the replacement. Phones are good examples here. A lot of people get a new flagship phone every year. Sometimes it’s just because they are bad with choices, boyfriend, etc. these people often sell their old phone for substantially less than market value. People are frequently not rational actors.