BST Flippers

[Johnny630]

Sometimes people make mistakes and pay to much for an item they’re trying to resell. Yes ECO 101 is relevant to the seller and buyer, making a profit for the seller is nice. That being said just because seller maybe have paid more than he should have for an item doesn’t mean that mistake be passed on to the next buyer who maybe a little more shrewd in it’s value.

It’s all psychological, some people Can’t take a 10-25% loss. They always have to make a profit. I’d rather sell it move on and learn. You win some you lose some.

[ullmandds]

Originally Posted by Johnny630

Sometimes people make mistakes and pay to much for an item they’re trying to resell. Yes ECO 101 is relevant to the seller and buyer, making a profit for the seller is nice. That being said just because seller maybe have paid more than he should have for an item doesn’t mean that mistake be passed on to the next buyer who maybe a little more shrewd in it’s value.

It’s all psychological, some people Can’t take a 10-25% loss. They always have to make a profit. I’d rather sell it move on and learn. You win some you lose some.

YES!!! You can’t win em all!!

[Mark17]

Originally Posted by Johnny630

It’s all psychological, some people Can’t take a 10-25% loss. They always have to make a profit. I’d rather sell it move on and learn. You win some you lose some.

This is one approach. Lose a few dollars here, but make it up on a different transaction elsewhere.

But the way baseball cards and memorabilia has been trending, another way is to just hold onto it for a while until the market rises to your price.

[Johnny630]

Originally Posted by Mark17

This is one approach. Lose a few dollars here, but make it up on a different transaction elsewhere.

But the way baseball cards and memorabilia has been trending, another way is to just hold onto it for a while until the market rises to your price.

Agree :-)

[Peter_Spaeth]

Originally Posted by Johnny630

Sometimes people make mistakes and pay to much for an item they’re trying to resell. Yes ECO 101 is relevant to the seller and buyer, making a profit for the seller is nice. That being said just because seller maybe have paid more than he should have for an item doesn’t mean that mistake be passed on to the next buyer who maybe a little more shrewd in it’s value.

It’s all psychological, some people Can’t take a 10-25% loss. They always have to make a profit. I’d rather sell it move on and learn. You win some you lose some.

If I decide to sell something, I'll take what I can reasonably get for it, what I paid is pretty much irrelevant if I overpaid and can't recoup it.

[Johnny630]

Originally Posted by Peter_Spaeth

If I decide to sell something, I'll take what I can reasonably get for it, what I paid is pretty much irrelevant if I overpaid and can't recoup it.

That’s the way I feel about it.