Would you raise a price on B & S after an IC

[rnoldh]

I'm going to call this the connemara#2 poll.

If you had posted an IC post in the B & S forum with a price quoted, would you raise the price if you found out some things about the item that would definitely add to it's value. Things like a celebrity owner (though this is a new item), and a special and personal warranty/offer by the owner of the company that made the item.

I remember 2 pertinent instances similar to this. LabelKing did an interest check, IC, on a suit, I think that was by Cable Car Clothiers or something like that. He said something like it would be priced at around $125 or something close to that. He then got such a big response that he raised the price to about $175 and no one seemed to care.

If you are out there LK. please vote and comment.

And then there is the famous/infamous connemara "Pink Cashmere Tie" thread. Basically conne raised the price after it was sold and after he realized that he could get a higher price. The shitstorm that resulted was something like a 17 page thread. I think part of the problem was that conne had received the tie as a gift, had already accepted another offer, and some had thought he had done similar things previously.

If you are out there conne, please vote and comment.


I can say right now that my inclination is not to raise the price even though I realized that I probably priced it too low. "Do unto others!".

How would you guys handle something like this?

 

[Connemara]

Originally Posted by rnoldh

I'm going to call this the connemara#2 poll. If you had posted an IC post in the B & S forum with a price quoted, would you raise the price if you found out some things about the item that would definitely add to it's value. Things like a celebrity owner (though this is a new item), and a special and personal warranty/offer by the owner of the company that made the item. I remember 2 pertinent instances similar to this. LabelKing did an interest check, IC, on a suit, I think that was by Cable Car Clothiers or something like that. He said something like it would be priced at around $125 or something close to that. He then got such a big response that he raised the price to about $175 and no one seemed to care. If you are out there LK. please vote and comment. And then there is the famous/infamous connemara "Pink Cashmere Tie" thread. Basically conne raised the price after it was sold and after he realized that he could get a higher price. The shitstorm that resulted was something like a 17 page thread. I think part of the problem was that conne had received the tie as a gift, had already accepted another offer, and some had thought he had done similar things previously. If you are out there conne, please vote and comment. I can say right now that my inclination is not to raise the price even though I realized that I probably priced it too low. "Do unto others!". How would you guys handle something like this?
That is incorrect. I did not accept the offer before I raised the price.

 

[grimslade]

 

[Brad]

rnoldh, will you take a bath if you don't raise the price?

 

[Concordia]

Happens all the time with houses. A listing is made, feelers are put out, and the owner pulls it from the market. Re-lists with a new, improved price. Or at least, that's how it used to be.

If your first price was way under market, there's only one person who has a right to be peeved, and that is the one who almost made the offer that would have been accepted. For everyone else, this falls under the category of $100 bills that lie on sidewalks for a long time. A pleasant fantasy.

 

[Matt]

Disclaimer: matt's opinion follows, not officially-sanctioned-moderator-position:

I think as long as there has been no offer at the lower price, it is fine...if you are screwing over some guy who had agreed to the earlier price before the seller knew what he now does, then I would say that is unfair.

I have no idea if we would allow a thread to be bumped for a price hike though.....

 

[DocHolliday]

Once someone sends a PM, the seller's offer is accepted, whether Conne likes it or not. At that point, the item should sell at the advertised price.

If that hasn't happened, I'd say it would be fair to simply remove the item from the sales forum and possibly relist it later, or on eBay.

 

[tiecollector]

I think it is unfair unless the product is grossly undervalued in the asking price.

There was a court case I was reading where some guy's ex-wife sold his BMW for $5. She was part owner and the whole deal was technically legit, however the court overruled the sale later because the price lacked consideration.

Unless B&S is allowed to go auction style, at which point, the highest bidder is always acceptable.

 

[rnoldh]

Originally Posted by Connemara

That is incorrect. I did not accept the offer before I raised the price.

Sorry about that. I thought someone had made you an offer that you accepted.

I never did post a firm price and I've certainly accepted no offers. It's so nice I just might keep it myself.

My feelings are very much like Concordia has posted.

"Happens all the time with houses. A listing is made, feelers are put out, and the owner pulls it from the market. Re-lists with a new, improved price. Or at least, that's how it used to be.

If your first price was way under market, there's only one person who has a right to be peeved, and that is the one who almost made the offer that would have been accepted. For everyone else, this falls under the category of $100 bills that lie on sidewalks for a long time. A pleasant fantasy."