Re: UAU ! :-) Message #10 Posted by Alex L on 5 Sept 2007, 11:53 a.m., in response to message #9 by Howard Owen
Howard, I agree that the seller is likely to be disappointed on this listing. BUT - suppose he gets some offers, declines them all, then uses them to figure out a new Buy It Now price for the next Buy It Now or Best Offer listing. One that is still above the "book" value, but not so high as to scare off those in the know, and maybe, just maybe, low enough to snare that one shopper who just has to have it and doesn't want to risk letting it fall to offers.
If you view it as an iterative non-auction auction process, it's labor-intensive but possibly effective.
[edited typo]
Edited: 5 Sept 2007, 11:53 a.m.
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