Sellers: When do you drop your price?

It depends on three things:
Do you care how long it takes to sell?
Finding someone that wants it.
Price.
If you don't care how long it takes to sell then interested party & price are your only hurdles. If it is not a high demand item, might take longer, 5 days is too soon. Two years old, no box and 1/3 off  is not a bad start, however you are not going to get the bargain hunters with that. Personally, I rarely drop my price as I don't care how long it takes to sell. I have had items on Craigslist for up to a year without selling. Things do eventually sell at or near my asking price. If you are in the ballpark pricewise with other sales of your gear, there is nothing wrong with waiting for the price you want.

I would also include a closeup photo of the remote.

" You said this was your first sale on Audiogon.  I didn’t check but I assume you don’t have any feedback ratings."

The OP did not say it was his first sale on AG, he said it was his first sale. He does have AG feedback and the ad is on AudioMart.

gano said: "If I inherit a piece of let’s say [furniture], I would look up the going price and put it on craigslist."

So, using your "moral compass" as a guide, why don't you just give the piece away instead of selling it for money on Craigslist?

Yea, well but no. The item that the OP sold was listed and sold on AudioMart, not on AudiogoN.

You did nothing wrong. You completed a sale, something that is done millions of times on this planet everyday. You had a good product at a good price and a buyer that agreed, that is what it is all about, a business deal. You exchanged an item of value for an amount of money, that both of you agreed on. gano is just being judgmental, hard to believe he has never sold something for more than he paid for it.

Good for you, congratulations!

" Wow someone else’s loss is your gain,"

Why do you think the buyer suffered a loss?

No, actually, this is a thread that you would have been better off not contributing to at all. Use some discretion, as it really doesn't deserve or ask for your personal views.

-You are making way too many assumptions.
" The fact that my relative bought it, stole it, built it - irrelevant if I don’t know the source."
-Now you are saying:
" S/he worked hard knowing full well someone would inherit it, and would want me to benefit, hence I WAS THE BENEFICIARY on his will, inheriting"
So, which is is? You really don't have an argument to ignore. Other then maybe some taxes, the inheritance is free to you or did you work for it?