Selling on Audiogon


It appears that it has become more difficult for individuals to sell equipment on Audiogon. com. Has anyone else had that experience. PayPal requires you to set up a business and the other available option also appears difficult. Am I alone in such an experience? Any other alternative that can be suggested?
joscow

Showing 5 responses by grannyring

For the first time since being a very active Agon poster and seller for some two decades I must say it has become too expensive to sell higher dollar gear. Anything I sell for over $500 I sell in a couple of days on the free sites, I actually find gear sells as fast or faster on Audio Circles and US Audio Mart. No reason to pay the high Agon fees on these bigger dollar items.

I sell my cables here as they all sell for under $500. I find Agon a decent value for these lower ticket items. The community here is great, but I wish Agon would lower the fees for higher dollar gear.
Actually the seller is often covering the extra Agon cost.  I make more money on the no fee sites due to lower costs. The buyer pays the same price however.  That how it usually goes. 
That used to me my experience. It has changed just recently. I would think both you and your tweaks are much better known here on the Gon? 
Don’t forget Audio Circle Trader. The platform is dated and cumbersome to work with, but I have sold a lot of gear there.  

Does this mean if a buy an amp new for $10,000 and pay the $900 state tax and then sell it used for $7,000 that I now must pay income tax on the $7000 sale? Some 20-30% of additional tax beyond the initial tax paid? 
 

Double taxation?

 

I sell a used table we no longer need on our local Buy, Sell, Trade Facebook neighborhood site for $600 and now must pay federal income on this sale? We already paid the tax sales tax on the table 10 years ago and sold the darn thing for 1/10 of what I paid. Now I pay income on this yard sale type of sale. 
 

This seems so wrong.  Just me?