Quote:
Originally Posted by Rich Klein
a good hobby friend of mine does a daily webcast about hobby stuff. He has done over 1400 episodes now and his primary focus as a seller is through EBay.
He is mostly lower end material but does post some good cards at times.
One of things he always states is he knows he probably priced something too cheaply when an "OBO" is sent almost immediately after he posted an item.
That usually alerts him that something may be worth more than he posted it for,
And I've noticed the same thing over the years as a COMC seller (even long before I worked there)
If you get an offer the second you posted something, you just might want to see what the "Comps" are.
I've always wondered if something is too cheap, why not just buy it instead of negotiating downwards
Rich
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That definitely seems counter-intuitive. I agree with your last line about why wouldn't someone just buy it then if it's already too low, but I don't understand the thought that a quick OBO received means it's too low. Has he confirmed that by taking another look at comps for the item?