Here's one thing I find ironic. We have one thread going about dealers asking ridiculous prices at shows, and another thread going about dealers asking ridiculous prices for BINs on Ebay.
It seems to me that these are often the same guys, and they are the first and loudest to tell you how bad business is!
As someone who spent 20+ years in the retail business, there is a relationship between price and time, when you try to sell anything. The seller holds the key however.
If I list the T206 Gretzky Wagner for sale tomorrow for $5,000,000, it won't sell. If I listed it for $100,000, it would sell immediately. Somewhere in between those two extremes is the point where it will sell at a reasonable price, in an acceptable time frame.
A seller who prices too high, doesn't adjust, and then complains about poor sales, doesn't understand the relationship, and probably never will.
This industry was easy for years, for some guys to make a living without actually having to be good at it. As things slowed down, some haven't figured it out.
|