Are you allowed to increase the selling price ?


This morning I noticed an item listed in the new today for $9500. This afternoon I notice the same item has increased to $10,000.. Does that seem funny to anyone else. I know that stores have to honor an advertised price . Do the same rules apply online?
128x128artemus_5

Showing 1 response by bob_bundus

as I understand the Audiogon rules, an auction cannot run simultaneous with a for-sale ad for the same item. Nevertheless I've seen this being done (perhaps inadvertently - I hope?) on several occasions.
Of course the seller can price a sale item however he desires to & can change it as well, but an auction cannot be changed once it goes up. I've done this myself but have always *lowered* the price when the ad didn't generate the desired interest; no one has ever complained about that! But if I had an ad posted & found that I was underpriced, of course I would update the asking price.