Reply to thread

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

Message: <blockquote data-quote="Baseline" data-source="post: 917814" data-attributes="member: 14307">So far none of the responses above give a satisfactory alternative for setting an asking price. I am sure that the majority of members here know that "willing buyer / willing seller" is the final arbiter in the matter, but that only comes into affect through negotiation after the item has been offered for sale with an asking price, so an asking price still has to be determined as a starting point.In a comment above and in other places on the forum, members reference "Hifishark", but that is essentially the same as eBay prices. Hifishark simply scans all "for sale" sites and collates the asking prices. It would appear that we in South Africa are simply making it up as we go. Obviously the starting point is to look for local sales records of the same or similar item, but when the item is relatively rare and local records are too few and too long ago or non-existent, we have to turn to overseas markets to find a more current reference.</blockquote>