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Reverb prices
- Thread starter nigel65nigel
- Start date
$600 cab $500 shipping. I know shipping is expensive these days, but 83% of the cost of the item? Pass.
Depending on the cab and the distance, that could be accurate.
I think a lot of reverb sellers are honest people who sell the odd guitar at a resonable price. But theyre probably victims too. Their guitars are being bought up by the swindlers who add 20% and try and flip it. Theyre the ones who have dozens of guitars for sale at exorbitant prices. See i knew id suss it in the end.
For every thread about the overpricing on Reverb, there is another thread about the shameless lowballing on Reverb.
I sold a bunch of stuff on Reverb a few years ago. I swear everyone was in some tiny town on the East Coast. I think I had listed shipping as $50 for the 48 states, but I’d take a hit shipping to Maine and South Carolina, etc. I think one buyer out of the 15 things I sold was on the West coast, and he was all the way up in Washington.
Those are just people that want to flip items for profit. 98% will blow them off, but 2% will say yes and that's where profit can be made.
I actually hate when people complain about the lowballing. “How dare they?!?!”. Like, how are you above fielding an offer below what you hoped for? Are you the king of Reverb or something? If you allow people to make offers, thats what will happen.
The truth is if you really want it, you’ll pay the price. We’re not talking multiples of a fair price, just additional fractions. That’s how prices creep up.
Sold a bass on Reverb recently.
I didn't price the listing based on what similar basses had sold for over the past 6 months - I priced it in line with what other people were currently selling it for. With all of the recent inflation you're effectively ripping yourself off if you price on historical data - you have to price with the market - it unfortunately is what it is.
If you sell lower, you're having to buy the next thing at a higher price, again shooting yourself in the foot. It's best to just avoid buying gear right now if you're not comfortable with the market. Then again... prices could continue to climb. No one has a crystal ball.
Regarding shipping - In the US it's currently $80-120 just to ship (if you're lucky). If someone wants to factor in a box, good packing material, etc. you're easily looking at well over $150. Instead, some people are listing the bass at a higher price, but then putting $50 for shipping so Steve feels like he, "got a deal" on the shipping. It's the same reason people get scammed by car salesman - they don't do the math. They give you an extra $4,000 on the trade in, sure, but then they slapped $4,000 extra on the new car price.
It's always best just to look at the, "out the door" price. Too much? Walk away.
I didn't price the listing based on what similar basses had sold for over the past 6 months - I priced it in line with what other people were currently selling it for. With all of the recent inflation you're effectively ripping yourself off if you price on historical data - you have to price with the market - it unfortunately is what it is.
If you sell lower, you're having to buy the next thing at a higher price, again shooting yourself in the foot. It's best to just avoid buying gear right now if you're not comfortable with the market. Then again... prices could continue to climb. No one has a crystal ball.
Regarding shipping - In the US it's currently $80-120 just to ship (if you're lucky). If someone wants to factor in a box, good packing material, etc. you're easily looking at well over $150. Instead, some people are listing the bass at a higher price, but then putting $50 for shipping so Steve feels like he, "got a deal" on the shipping. It's the same reason people get scammed by car salesman - they don't do the math. They give you an extra $4,000 on the trade in, sure, but then they slapped $4,000 extra on the new car price.
It's always best just to look at the, "out the door" price. Too much? Walk away.
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OP, if you have access to Reverb you have access to a ridiculous amount of pricing information, more than ever in the history of humankind. No one is "swindling" anyone by asking high prices.
Yes - Reverb prices seem particularly inflated as of late.
Also, OP has the worst avatar on Talkbass, and it's a competitive field...
Also, OP has the worst avatar on Talkbass, and it's a competitive field...
