Selling gear with TMR


I’m at the point of wanting to sell some gear and am seeking any experiences of selling with The Music Room. Did it make things easier? Did you get what you thought was a reasonable offer? Other benefits or detriments you might share?

128x128hilde45

Showing 5 responses by decooney

As a former buyer/seller with them, make sure you do your own research on the historical sales of any product you are attempting to buy or sell to TMR. If you are willing to take less and want convenience, it's one option. The other option is list it yourself, be patient, and pass along savings to the buyer directly.

They seem to try their best to learn the market values on mainstream stuff, however if you are dealing with less known, custom, or boutique products they are not familiar with, and have no data on yet, keep your expectations in check. 

@ozzy agree with you and @hilde45 if the items are we are trying to sell to them are (boutique) not mainstream or regularly bought/sold, there is less appreciable market data available for them to go off, and (more perceived risk) to make a reasonable offer. I did talk to them about this some, and the main buyer there said they buy a ton of stuff and watch market and buy/sale values continuously trying to keep up, and working to not get stuck with something they don’t have much data on or have no personal experiences on within their teams. They must be doing something right with up to 40 staffers now. Not a 10 person operation any more.

@pmotz ...They offered $500 which I thought was probably about half what I could get for it and I did not have original packaging so I thought, oh well save me the trouble. They listed it for $1500 and it sold in a few days from their website, never made it to Audiogon. I’m pretty disillusioned with them right now.

 

They offered you 33% of selling price, and 200% profit for them in two days.

Accepting their offer and determining "Value Received" is a learned experience,

Now you know more, and can sell it yourself if that makes better sense next time.

@pmotz ..."I will not sell to them again, not sure about buying. It’s good to hear others have had good transactions, it just didn’t work out for me."

Just to clarify, as a buyer and seller, 2/3 of my experiences have been fair. I regret one of the components I sold, and another odd transaction they later apologized for. When I followed up that buyer was gone. Mistakes happen. Live and learn.

 

 

 

 

Had a really good experience with TMR recently on a sell and buy situation.  Fair price on a trade-in and a fair price on a secondary purchase. Fifth transaction so far over the past few years.   

One of the buyers there was very helpful, and sharing there are like three buyers and forty employees running the place. They can't overpay and sit on stuff either, and you are paying for the convenience on trade-ins yet it can be helpful if you are trying to move stuff along.