Deleted
Deleted Member
Member since January 1970
Posts: 0
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Post by Deleted on Mar 3, 2016 1:15:11 GMT -5
Do these clams have an actual normal and customary marketplace?
If so the price is pretty well found.
If not, a discussion must be had. An honest representation of what is being offered (building value) and during this discussion you may well get an offer.
If no offer or price discussion happens we are back to square one, except we built some value in these clams.
Aside from value you also must build urgency. If the value and urgency discussions don't answer your question, personally, I name my price and never dicker.
Your query is certainly a seller's dilemma. One off sales are difficult to price.
Re: haggling cultures
When I had my reptile store I never priced the turtles. One particular ethnicity loves turtles and loves to haggle.
I knew my price for the turtles, say $1000. If a buyer of this persuasion asked, I added 20%. Now it's $1200. They then asked for a 'better price' so i say $1100. They buy. At 10% over what they would have paid if they didn't ask for a discount
every
single
time.
Good luck selling your clams.
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rastageezer
starting to spend too much on rocks
Member since December 2013
Posts: 169
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Post by rastageezer on Mar 3, 2016 1:21:42 GMT -5
Every time I sell things I regret it.
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jamesp
Cave Dweller
Member since October 2012
Posts: 36,179
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Post by jamesp on Mar 3, 2016 6:25:21 GMT -5
Always sold from a manufacturer's standpoint. Never a broker's position. Buying A and reselling A for a profit is often low margin and for some reason boring.
Buying A+B+C+D and making something out of them and selling final product E intrigues the crap out of me when profit ratio is 4:1 to 8:1
Alternatively, buying property A and subdividing to B+C+D+E and then selling really intrigues when profit ratio is 2:1 to 5:1 Property in particular. 2:1 profit is usually a big chunk for minimal effort. But risk is high on property.
Best property project: Bought 30 acres on Lake Rodman Fl. in 2005 for 150K. Split into 10,7.5,1.8,3.3,3,3 acre lake front lots and sold them from 2005-2007 excepting 1.8 acre lot. Legal, surveying, commissions, initial property cost, added to 350K. Gross sales added to 970K. Did 4 other property deals not as lucrative and had 400-500 hours invested total on land deals. Easiest money ever but stressful.
Best widget project: Potted aquatic plants, 1$-2$ cost and 5$-15$ sell price. 6 month season and hard work. Gross sales 25 years 2 million and 5 orthopedic surgeries, nice case of arthritis. Survived and still fairly healthy. ----No possibility of import competition----Starting 26th year. Bring it on.
Thousands of hours over a 25 year period doing aquatics yielded less money than 500 hours doing real estate, go figure. The real estate profits about all from the boom from 2004 to 2007. Got left holding two hard to sell 10 acre lots that cost 270K. Annual taxes $7000/year. Will lose on those two. Held a 4.7 acre retreat lot on Lake George, an easy sell.
Buy and resale, my father did commodities and stocks. Watched him and found it boring and lonely. Aquatics and real estate provided great experiences and meeting lots of cool people. Aquatics took me all over the tropical world and SE US, mostly Florida. I feel very blessed.
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