Just because I have run into it a few times recently. It's something I have run across frequently, although not much here at the Museum.
I'd like to hear everyone's opinion on who should throw the first number out in a sale. Buyer or seller?
And by that I mean situations where a seller has things for sale, and maybe even hard to find stuff, and they tell you they are selling it, but they do not give you a price they want for it. They want you to make an offer. Now I know why they do it. They don't want to float a number out and have a buyer take it, never knowing if the buyer would have been willing to pay more, maybe much more. The buyer, of course, doesn't want to throw out a number in case they do and the seller accepts it but might have accepted less, maybe a lot less.
What is your opinion? There is no right or wrong as far as I am concerned, just opinions and how you work deals. I personally feel it is the seller's responsibility to come up with a price they want to sell for and clearly state it. Then they can negotiate if they so desire. But to tell a group of people that you have something for sale and then ask for offers, leans too much towards an auction to me. And (again in my opinion), if you want to do that, then list it on ebay.
I'd like to hear everyone's opinion on who should throw the first number out in a sale. Buyer or seller?
And by that I mean situations where a seller has things for sale, and maybe even hard to find stuff, and they tell you they are selling it, but they do not give you a price they want for it. They want you to make an offer. Now I know why they do it. They don't want to float a number out and have a buyer take it, never knowing if the buyer would have been willing to pay more, maybe much more. The buyer, of course, doesn't want to throw out a number in case they do and the seller accepts it but might have accepted less, maybe a lot less.
What is your opinion? There is no right or wrong as far as I am concerned, just opinions and how you work deals. I personally feel it is the seller's responsibility to come up with a price they want to sell for and clearly state it. Then they can negotiate if they so desire. But to tell a group of people that you have something for sale and then ask for offers, leans too much towards an auction to me. And (again in my opinion), if you want to do that, then list it on ebay.
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