A general question about Selling

[BHPSteel]

Ops and Admins,

I promise that I checked, but I couldn't see anything about whether "Dutch Auctions" are permitted here.

You know, the seller sets an unknown reserve price, sets a selling price above that reserve, and announces that as the price. If it doesn't sell, the seller drops the price by a fixed amount - usually each day - until someone bids and then the sale is made as normal.

If it doesn't sell, when the price is reduced to the reserve - back into the safe it goes.

I can't see why it wouldn't be permitted, but I thought I'd check. To the potential buyers, it won't look much different from a normal sale.

 

[87KJH]

Seems like an auction would be more complicated.
Just post the goods at unrealistic prices and reduce the price until someone buys it.
If no one buys at the expected price, then put it back in the safe.

 

[BHPSteel]

Seems like an auction would be more complicated.
Just post the goods at unrealistic prices and reduce the price until someone buys it.
If no one buys at the expected price, then put it back in the safe.

It pretty much is, except that the price gets reduced at a standard time.

 

[preswick]

I guess it depends on how much you want to sell it. Set it at an attractive price and it will move. Set it unreasonably and it won't sell no matter the method.

 

[BHPSteel]

I guess it depends on how much you want to sell it. Set it at an attractive price and it will move. Set it unreasonably and it won't sell no matter the method.

With a dutch auction, what matters is the reserve price and people's impatience.

 

[preswick]

With a dutch auction, what matters is the reserve price and people's impatience.

Reserve price or advertised price, it it's set too high it's just gonna be pretty pictures on the internet. Besides, haggling is way more fun than auctions.

 

[fast306stang]

Reserve price or advertised price, it it's set too high it's just gonna be pretty pictures on the internet. Besides, haggling is way more fun than auctions.

What about secret auctions?

 

[palmettomoon]

No auctions allowed, period. At least that used to the "official position" of the mods.

It's all bullshyte though. If you're a mod buddy, it's alright.

 

[cmshoot]

No auctions allowed, period. At least that used to the "official position" of the mods.

It's all bullshyte though. If you're a mod buddy, it's alright.

Doesn’t work with me…….I don’t like anyone here…….

 

[Cadcom]

That's a no for me. Ill price my own stuff fairly and just deal with all the low ballerz. I don't trust the freaky deaky Dutch.