Removing your sold price after you've sold the knife?

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expidia1

expidia1

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Whats with this practice of doing so? I did not see this in the selling rules (I could have missed it there).

I noticed (being new) that when I just miss buying a particular knife the seller changes his price to $Sold or something like this real quick. Maybe its just the dealers who do this (I dunno).

Is it to protect other pending sellers asking prices of similar knives?

I find it annoying (but if its a rule here, then so be it).
My reasoning why I like to see the selling price still up there after its sold at least for a short time is that it gives perspective knife buyers a general idea of what the aftermarket prices are from high to low, before making our decisions to buy.

No big deal, but it does force me to do a little more research if the knife is being over priced in the current marketplace by the seller and by that time the knife is already gone.

What say you?
 
It's NOT a rule. Some sellers remove it; some do not. Once sold, the purchase is a private transaction between seller and buyer, so some seek to retain their privacy.
Just try to do your research IN ADVANCE...on the folder you might be interested in, so you can "jump" in quickly when you see one listed in an acceptable (to you) condition.
One rule of thumb: GOOD BUYS, on POPULAR KNIVES, GO QUICKLY....often within one or two minutes. You can click on "NEW POSTS" at the top when you are sitting on the Exchange, in order to see the newest "arrivals."
 
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Mo2 said:
Wish they didn't remove it. It's so annoying when they do.
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I know. As a new member trying to build up a collection, it makes me leery of sellers when they do that. Seems to me dealers might do it to protect similar inventory for future sales, but it also seems to me others just follow their lead and think its the "thing to do" as soon as your sell your knife. If its not a rule, then its probably a sheep thing as in they are just "following the herd" :rolleyes:
 
It keeps the buyer from being hassled with offers by those who missed the sale - I’ve been in that situation, and asked the seller to remove the price.

It sucks for the purposes of researching knife prices, but, the side-effect of that is that it keeps people from being shackled to the prices other people have chosen for a given item. Maybe someone set the price very low for a fast sale previously, or the value of the item has gone up, or someone is just not in a hurry to move the item.

I’m not sure where I stand on it anymore. I’m just playing devil’s advocate at the moment despite my undecided position.
 
Thx for that reply. It opened another train of thought as to their reasoning, if any.
 
Options to indicate the knife sold include editing the thread title or post with SOLD (use large font), locking the thread, using strike through formatting on the price, adding a post that says sold, etc.

Leaving the price is helpful and I wish everyone would do it. There are plenty of ways to show the knife sold. Locking the thread is a very clear indicator.
 
Comeuppance said:
It keeps the buyer from being hassled with offers by those who missed the sale - I’ve been in that situation, and asked the seller to remove the price.

It sucks for the purposes of researching knife prices, but, the side-effect of that is that it keeps people from being shackled to the prices other people have chosen for a given item. Maybe someone set the price very low for a fast sale previously, or the value of the item has gone up, or someone is just not in a hurry to move the item.

I’m not sure where I stand on it anymore. I’m just playing devil’s advocate at the moment despite my undecided position.
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Also, I see you are looking for a grip 550-1. There is a 551-1 in a recent post for sale. I don't know how different they are without comparing them though: https://www.bladeforums.com/threads/benchmade-940-osborne-551-1-griptilian.1561204/#post-17928106
 
This has been discussed countless times and most likely this thread is going to get moved as soon as a mod sees it.

At any rate, since there are no rules about the matter, sellers are free to do whatever they want. In fact, I could sell a BNIB Shirogorov F95R for $1200 and then change the asking price to $200 and mark it as sold. Not sure what motivation someone would have to do that, other than to troll people, but it's just an example of how (without a rule in place) the sold price can be a poor indicator. Not to mention the fact that the seller/buyer may have come to an agreement via PM for a different price.

Why do sellers remove the sold price though? Because the secondary market is absurdly temperamental, especially when it comes to sprint runs/limited editions. For instance, right after a Spyderco sprint sells out, there are bound to be a lot of people that missed out. Apparently some folks have more money than sense and don't have an issue paying nearly double the retail price in order to avoid the feeling of missing out. Frequently, after the hype dies down, the secondary prices level out to more reasonable levels. So in a way, it's better that these inflated prices are kept secret. I'm no economics expert, so I'm sure there are some that could provide a more cohesive argument.

After selling on the Exchange for a number of years, I can tell you that the secondary market can be an unwieldy beast. I've had knives listed for great prices just sit for weeks, then relist them at a higher price to be sold immediately. As a buyer, I've seen once hyped up and sought after new models flood the Exchange, only to remain unsold while the tried and true models continue to sell immediately.

All that being said, while it might be a good idea to make a rule to keep the prices in place, the time and effort placed on the mods would yield such an intangible result that it likely wouldn't be deemed worthwhile.
 
I prefer is being changed. As said before it keeps the extraneous replies for people who can't read out.

It also is more beneficial than most people think. People think that being able to research the prices of knives will help.

How do you know that if I advertise a knife for sale for $200, I didn't accept $150 for it. How about when a new limited edition comes out and the first person flips it for double the price. Leaving the price up there gives the impression that it's the current going price. What about when prices of knives start to trend down. If I was able to research sold prices, I might think that they were still selling for a premium. Also, what is to prevent a seller from raising or lowering the posted price after the sale when they go to edit it as sold. Suddenly a knife that sold for $200 could be changed to $100 to poison the market for other sellers or could be raised to $400 if they seller had multiples.

There is just too much manipulation and misinformation that would be spread by not changing it.

Do your research as best as you can and only pay what you are comfortable with.
 
I use sold prices to research knives I'm thinking about buying or selling here, and find them tremendously useful. I want other folks to find my posts useful, so I leave prices in my sold listings.

In three years of selling knives here, I've been asked to remove a price once. After chatting with the member about their reasoning (basically, they thought my price was "too low" and would bring down the market for future sellers), I removed the price as a favor to that member. I'm still not sure how I feel about doing that, or whether I'd do it again.
 
Sonnydaze said:
It's NOT a rule. Some sellers remove it; some do not. Once sold, the purchase is a private transaction between seller and buyer, so some seek to retain their privacy.
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I also find the practice annoying. Private..... who really cares? If you want private, buy from a regular dealer. This thread will probably get moved by the moderators.
 
Lol there was a thread about this last week or the one before that.

Welcome to BF, but get used to it. There are no rules governing the removal of the price just as there are no rules governing asking for F&F. Some people do it, some don't. Lurk the sales forums long enough and you will see prices, or you can always just search past sales posts that mightve left the price up.
 
lieferung said:
Lol there was a thread about this last week or the one before that.

Welcome to BF, but get used to it. There are no rules governing the removal of the price just as there are no rules governing asking for F&F. Some people do it, some don't. Lurk the sales forums long enough and you will see prices, or you can always just search past sales posts that mightve left the price up.
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Ya thats what I've been doing, but past prices seem few and far between . . . Leave um up people!
 
expidia1 expidia1 , nothing wrong with asking, but this horse has been beat to death.

Gonna post this quote, move the thread to GBU, then lock the thread.

mqqn said:
This subject is discussed regularly here.

https://www.bladeforums.com/posts/11403898/

https://www.bladeforums.com/threads/why-remove-price-after-item-is-sold.1045642/

https://www.bladeforums.com/posts/12679875/

https://www.bladeforums.com/posts/11527802/

https://www.bladeforums.com/posts/17899319/

https://www.bladeforums.com/posts/11048237/

https://www.bladeforums.com/posts/14858350/

https://www.bladeforums.com/posts/5186374/

https://www.bladeforums.com/posts/13460360/

http://www.bladeforums.com/forums/showthread.php/1280915-An-argument-against-redacting-prices-of-sold-knives?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/1251059-Why-do-people-nuke-prices-after-an-item-is-sold?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/1175417-Leave-the-sale-price-on-sold-threads?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/1055554-Was-I-out-of-line-Sharing-Sales-Prices-from-the-Exchange?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/1033469-Why-do-prices-get-removed-after-sales?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/1001858-Why-remove-asking-price?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/980666-Why-is-the-price-removed-in-the-exchange-after-a-knife-is-sold?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/687714-Why-delete-the-sold-price-in-the-exchange?highlight=why+remove+selling+price+when+sold?

http://www.bladeforums.com/forums/showthread.php/521679-Why-is-the-price-often-removed?highlight=why+remove+selling+price+when+sold?

best

mqqn
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