Not posting a price for a item being auctioned, why?

[Petrified Wood]

As the title says I am just curious if there is a actual, reasonable explanation for not posting the price of a item you are trying to sell on the forums? Honestly tho I'm not saying its so wrong or anything of that nature. I always say, you do you and all. For myself being a very curious and inquisitive individual, knowledge is true power and it leaves me anxious to learn more and more. In Norrath or elsewhere this is the case for me.

I'd just like to understand if there is a point to leaving a price out or not. If anything I would think it would streamline a sale better if you did post a starting bid, that way you don't have so many people PM you with question that could of been answered without further communication and time wasted. They might not even be in the price range at all but if a price is not posted you will get many more PM that could of been avoided, saving time for the poster and the potential buyer.

Anyways, if you have anything you could add let me know in this thread. For all I know at this point each person could have a different reason for not posting a price so let me know what yours is and hopefully I will learn something new. Cheers!

[kitao]

https://www.pon.harvard.edu/daily/de...-negotiations/

Advantages of Using Anchoring in Negotiation

If you value only the economic outcome of your deal, make the first offer in order to anchor the negotiation in your favor. But if you value satisfaction with the negotiation process more than the outcome itself, you may want to avoid the stress and anxiety of making the first offer.

[Topgunben]

Originally Posted by kitao [You must be logged in to view images. Log in or Register.]

https://www.pon.harvard.edu/daily/de...-negotiations/

Advantages of Using Anchoring in Negotiation

If you value only the economic outcome of your deal, make the first offer in order to anchor the negotiation in your favor. But if you value satisfaction with the negotiation process more than the outcome itself, you may want to avoid the stress and anxiety of making the first offer.

Pretty dead on about making the first offer. Occasionally I run into someone that is as stubborn as I am, and we walk around for 30 minutes trying to figure out what the other person wants for the property/service.

But when it comes to tunnelquest, just post the price that you want, and drop it 10% of its original sale price every so often till it sells. Higher price items take longer to sell of course.

[sacman08]

because the wiki lists a lot of recent prices of items. Also I assume when someone does not list the price they might be open to negotiation.

[Lotxi]

By not posting a price there is a chance people will offer you more than what you would have asked for. Also if you post a price people will almost always offer you less than your asking price because people like to feel like they got the better end of a deal.

[Videri]

Sometimes, people do that if they aren't sure how much they can get, or they are fishing for a random high offer. They also do it to avoid the stress of choosing a price to post, posting it, and possibly getting a counter-offer that is lower than they want, then being forced to say "no" (hard sometimes) or "how about X" (also hard) or "ok fine."

Rather than be annoyed by auction posts without price, you should use them as opportunities to practice making an offer that you would be willing to pay. You could lowball to some extent.

[kaizersoze]

Originally Posted by Videri [You must be logged in to view images. Log in or Register.]

Sometimes, people do that if they aren't sure how much they can get, or they are fishing for a random high offer. They also do it to avoid the stress of choosing a price to post, posting it, and possibly getting a counter-offer that is lower than they want, then being forced to say "no" (hard sometimes) or "how about X" (also hard) or "ok fine."

Rather than be annoyed by auction posts without price, you should use them as opportunities to practice making an offer that you would be willing to pay. You could lowball to some extent.

i recently had someone offer me an entire bag of garbage for a tola robe. Like 800 plat and a menagerie of gear worth like 150pp insisting it was "good stuf". Dont be like this guy.

[Daldolma]

If you post a price too high, you may discourage otherwise interested buyers. If you post a price too low, you leave money on the table. Rather than trying to play Goldilocks, you’re better off getting in contact with everyone interested in the item and then starting the negotiation process.

[the_coyote]

Because i'm lazy : I log on my mule , link stuff in my bag , hang around a bit and if no one is interested i log out. I dont want to check on wiki the average price on those 20 items, send me a tell asking for the price and i'll go take a look.

[Arcticflava]

Personally, i will send one tell asking for the price sought, if the reply does not include a price i never respond again.