Offer / counter-offer? Audiogon rules


I am a seller. I receive an offer. I immediately counter-offer. The potential buyer declines it. Is the buyer still bound to his original offer for the orignal 48 hrs.?
laughingrabbit

Showing 2 responses by denverfred

Here’s a quick lesson in hi-pressure sales technique that occasionally needs to be employed:

NEVER TALK PAST THE CLOSE!! Accept the offer and say thanks.

If you didn’t want to sell it, you wouldn’t advertise it. Think of how much better the cash will look in your bank statement rather than how that unwanted gear looks collecting dust. When you get a qualified buyer, do NOT allow him/her to escape. Otherwise, like quite a few members with listings currently running, you might as well get a nice cat condo to put your old stuff on while you pet it.
One of the problems here is the obvious disagreement over VALUE.
In my completely unfounded opinion (CUO), the main weakness with bargaining is the implicit admission by both parties that 1) they don’t know how much it’s really worth and 2) they’re both out to screw every last penny out of the other guy. Some people really enjoy it, but most people don’t CUO. Some sellers must be feeling the squeeze by now but I guess their audio slush funds are tied to their stock portfolio and they can’t get off the pony. Used prices are too high. Half of MSRP is really a high price if it’s out of warranty.
Seems like that’s become the new “used list price.” Great for audio consultants in the dealer network who have used a new piece (on accommodation) for effectively no cost. 
So if your big power amp retailed for $2000, it should sell used for a maximum of $1000 for a #10 condition. Then, technological age and condition are the only problems.