Comprehensivist
Platinum Member
- Joined
- Aug 23, 2008
- Messages
- 3,200
In the last week I have sold two knives here. One for my asking price and the other for a negotiated $10 off. I have two more still listed at fair prices that will sit there unbumped until someone buys them, offers a reasonable discount, or a long time goes by with no activity. I think the two-week before bumping policy on the general Exchange makes a lot of sense to provide some pricing stability to the market and save desperate sellers from being their own worst enemy.
It has been said that a wolf or coyote will chew off its own leg to escape a trap. Some sellers seem that desperate and it hurts the overall market. I encourage sellers to not behave like panicked animals and figure out the right price to post something at and be patient. Unfortunately, patient sellers are more rare than Electric Orange burlap around these parts. My advice is to buy smart for desirable configurations and sell reluctantly for close to the original price. There is no logical reason why unused knives are valued way less than new prices on a Friday other than desperate seller behavior that modifies the norm.
That's my take on things. Be wise on purchases. Be reluctant to sell. Be patient when you want to sell.
Phil
It has been said that a wolf or coyote will chew off its own leg to escape a trap. Some sellers seem that desperate and it hurts the overall market. I encourage sellers to not behave like panicked animals and figure out the right price to post something at and be patient. Unfortunately, patient sellers are more rare than Electric Orange burlap around these parts. My advice is to buy smart for desirable configurations and sell reluctantly for close to the original price. There is no logical reason why unused knives are valued way less than new prices on a Friday other than desperate seller behavior that modifies the norm.
That's my take on things. Be wise on purchases. Be reluctant to sell. Be patient when you want to sell.
Phil
