We don't have a forum labeled "Old Men Grousing" so I'll put it here since it does relate to terrible band management.
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Here is the ad:
"Working Band Here Looking for Our New Lead Guitarist."
Nothing about genre, ages, instrumentation, how often they play out, etc., etc., etc. There are a lot of ads like that on BandMix too. They give NO information at all.
I'm not saying you should write War and Peace, but how about enough to know if it's worth an email or a phone call???
Would you answer an ad like this? What do you put in your ads?
I'll start - no, I wouldn't answer an ad like this. My ads contain genre, ages, instrumentation (including who sings), where located, short list of groups we cover, how often we intend to play out.
I've seen ones even more vague than that. Honestly, I don't know what people expect to lure in with ads like those, but I see them.
what's worse? I've posted a solid ad "bassist looking" sort of thing. I'm specific as to who I am, how I look, what I want (no start-ups, original bands, or country bands please!), and what information I would like to get back from anyone responding. just 4 simple questions such as, where do you practice out of? Does your band have a FB or webpage and where are they? What are you looking for in a bassist? How often are you gigging out per month?
pretty simple stuff. 90% of the time, I get a very vague inquiry back that fails to answer any of those questions or ignores the fact that I don't want to be in a start-up or original band. it's like people simply don't put a lot of time into these on either end.
that being said, I did find my most current band through craigslist. It's a crapshoot, but it can work. but like a dating site, you have to be willing to wade through a lot of losers and fat chicks before you find the hottie
That's about right. I swear, no matter how you price an item on CL someone is gonna offer you 50% less than you ask. Even if it's free you can't depend on anyone who says they want it to actually show up for it. 
