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[OM] Olympus remote controller & some thoughts on selling

Subject: [OM] Olympus remote controller & some thoughts on selling
From: "George Themelis" <george@xxxxxxxxx>
Date: Sun, 16 Jan 2011 20:03:47 -0500
Hi Guys.

I ended up putting the controller in ebay with $125 "buy it now" and "make
offer".  Someone (in UK) quickly offered $90. I counter-offered $110.  He
replied with $100 and this sealed the deal.

I checked my records and I see that I paid $38.30 (with shipping included)
to buy this in ebay on Aug. 15, 2009.  I remember I posted about this here.
I was very happy at the time.

What is this tell us (other that I am a lucky buyer or a greedy seller :))
No, seriously, it is telling me that selling at auctions that start at $0.01
(as I often do) is much better for the SELLER.  I am willing to bet that if
this controller had gone to a regular one cent auction, it would have not
closed for more than $50.  Just like I bought mine in 2009 in a regular
auction.

The fact that I start my auctions low without bothering to research the item
and establish a fixed price, is a result of my laziness.  I trust the open
market to give me what the item is worth in the open market.  But, I think I
am hurting myself by doing this.

In any case, I will continue my one cent auctions of my OM gear. Every week
or two I will summarize the results.  This information is, I think, is of
interest to you, if you want to know what your OM gear is worth in the open
market (as a result of buyers bidding and not paying a fixed price)

George 

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