Members helping members

[one_dusty_hoot]

You are so right Bruce.

Something else happens from overpricing also, I have heard it
called "shop worn". It is the dimished value a product gets by
being visible FOR SALE for such a long time. Many potential buyers
saw it at a higher price, then when the price has dropped, they
consider something wrong because no one has boughtit, hence no one
wants it.

Bob Janes, Greenville, SC

--- In WanderlodgeForum@yahoogroups.com, "birdshill123"
wrote:
>
> This has been an interesting discussion. One thing that has not
been
> mentioned is that the buyer determines the final price not the
seller.
> I may think my unit is worth $60,000 because I have new tires,
> transmission ,etc. But if the potential buyers balk at this price
and I
> get no offers then I am wrong. As BB owners we all know that there
is
> more value in one of our units than an old Pace Arrow. But just
what is
> that premium? If I reduce my price to $45,000 and there are still
no
> offers then that price is also too high. If I get a few offers of
say
> $38,000 to $40,000 then maybe that is the actual value. I am not
> suggesting that one should reduce the price after a few weeks or
even
> months but a simple search of some of the BB sites will reveal
units
> that have been for sale for a year or more. These are not houses
they
> are depreciating assets. If a unit did not draw it's asking price a
> year ago it is unlikely it will get that price today. As a seller
you
> have the option of not selling your unit at what you might consider
a
> very low offer. Remember your price is an ASKING price. Sometimes
it is
> better to let go and move on. I had a restored Clark Cortez many
years
> ago. When it came time to sell I thought it was worth $10,000. I
had
> spent more than that on upgrades and spare parts. I did not get one
> offer. Finally a fellow that restored antique aircraft came to see
the
> unit. He loved it and offered $5000. I managed to get $6000 and it
> killed me but that was it's value.
>
>
> Bruce 1988 FC35
>