[TenTec] Reasonable Price for Paragon II with PS

Richards jrichards at k8jhr.com
Fri Feb 7 17:42:21 EST 2014



On 2/7/2014 3:27 PM, Woody Demitz wrote:
   I too have been at many estate sales, and the
> good ones all have listed prices.  What this gentleman seems to want to run
> is not an estate sale, but a silent auction.

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I agree... or...perhaps a closely related thought:  he may be trying to 
get YOU to appraise
it for him!     ;-)

Estate sales come in various forms.  Some are private sales where each 
item may be sold seriatim.  Other sales are true auctions, with or 
without reserve.   Still others are like garage sales, where you are 
expected to negotiate and dicker from the outset, while another form is 
known as a "tag sale" where the seller sets a specific price for the 
goods prior to opening a public sale.   Often, in a tag sale, the tagged 
priced may be reduced by a percentage certain on each successive day of 
the sale, and a fun variation on that theme sometimes buyers is to allow 
prospective buyers to make offers or place bids at the close of each 
day, as to what amount they are willing to pay more than the next day's 
reduce price, with the highest offer closing the the deal.   Of course 
there are regional and local conventions that vary all such themes, but 
this is the typical range.

--------------------- K8JHR ------------------------


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