This. If anyone is determined they can find it out. I won't call hiding the price futile, it rewards the person who does his due diligence.
Market Feedback Reg: Hiding the price in the bill
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kartikoli
Innovator
Exactly, the same people will suggest higher prize if someone asks for a price quote but if they see an invoice they will start negotiating from that point and forget all current treads.
I saw an argument in price suggestion thread where people were talking ethics and asking to sell at low (justified) price, why man? see the current market and let the seller enjoy the extra cash because thats what it is. When the situation changes No one will think about sellers who sell at 50~60% losses.
Regarding masking the invoice price, I don't do it and don't like it either but its sellers choice and until he is not doing anything unethical he can do it.
ashish
Galvanizer
Losses? Man we aren't trading or selling gold or properties here, are we?
What you call as a loss is a mere natural depreciation value in biz world.
Even if you buy a brand new stuff just a day ago you cannot expect to sell at same mrp, buyer will naturally bargain for at least 100 bucks less.
If you wish to sell at only profits then better grab some bakra or noob kid.
rdst_1
Juggernaut
I don't understand this logic.
Are you saying only gold or properties can appreciate? Yes, it is the first time that electronics items have appreciated. I can understand everyone having a hard time adjusting to that, but starting to call people unethical or cheats just because they are trying to sell products at market prices is ridiculous.
Buyer will always buy according to the current price ,
They don't & shouldn't care about the price at which it is bought provided item is procured by genuine means (GST Bills etc.)
What about someone buys new item at supply crunch where the price of product is jacked by 50-70%. And then sells it when supply normalize , will anybody be paying w.r.t. to original paid. I don't think so .
There is no NOTA else I would have voted for that. Personally I would not be bothered about the purchase price unless its such an exotic product which is no longer in the market or doesn't have a proxy. I would be more concerned about the other product features - condition, warranty, usage, etc. but then look at current market prices. If it was such an important attribute, it would have been mandated to be filled in the sale post. Besides if one really needed to know the purchase price, they can always ask and/or take the PM route.
+1 to @t3chg33k's post.
I see no one brought this up: What about cases where the seller has no invoice? I don't think sellers always mention their buying price in such cases and neither do potential buyer's ask for it (or maybe they do, I'm not aware).
I'm all for transparency, but I'm not sure if enforcing this will add additional work for the mods or upset the MP ecosystem here. I mean, it's not difficult to ban masking, but handling what follows probably is. If a person is selling above/at his buying price, a bunch of users will crap on his thread for doing so and this will affect the sale temporarily. It's not his fault that he bought it during a sale or the market went downhill afterwards.
People are always going to sell according to the current market condition and that's not unfair of sorts. I fully respect the good samaritans who are not out to make a profit and stick to their principles (don't ask me what those are, it is theirs), but they are far and few between. There's nothing wrong in someone trying to get a better price for their product than they otherwise would in a normal situation.
As long as buyers are ready to pay more, there will be sellers aiming to accommodate them. If someone is selling something with a huge markup I just judge him and ignore him, but potential buyers should be warned—this, IMO, is more important.
But I vote for not hiding the price, unless there's a bunch of other things that's not relevant to the sale. (I didn't actually vote tho.) And frankly it's just much easier to trust the seller too, than someone with a heavily redacted invoice.
I'm saying this as a buyer who's out hunting for a GPU.
I see no one brought this up: What about cases where the seller has no invoice? I don't think sellers always mention their buying price in such cases and neither do potential buyer's ask for it (or maybe they do, I'm not aware).
I'm all for transparency, but I'm not sure if enforcing this will add additional work for the mods or upset the MP ecosystem here. I mean, it's not difficult to ban masking, but handling what follows probably is. If a person is selling above/at his buying price, a bunch of users will crap on his thread for doing so and this will affect the sale temporarily. It's not his fault that he bought it during a sale or the market went downhill afterwards.
People are always going to sell according to the current market condition and that's not unfair of sorts. I fully respect the good samaritans who are not out to make a profit and stick to their principles (don't ask me what those are, it is theirs), but they are far and few between. There's nothing wrong in someone trying to get a better price for their product than they otherwise would in a normal situation.
As long as buyers are ready to pay more, there will be sellers aiming to accommodate them. If someone is selling something with a huge markup I just judge him and ignore him, but potential buyers should be warned—this, IMO, is more important.
But I vote for not hiding the price, unless there's a bunch of other things that's not relevant to the sale. (I didn't actually vote tho.) And frankly it's just much easier to trust the seller too, than someone with a heavily redacted invoice.
I'm saying this as a buyer who's out hunting for a GPU.
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I voted No. I'm in for the transparency, not just the transparency but I also feel that it says a lot about the seller's reputation or pride for being transparent in deals and that the seller has nothing to hide. I don't know about you guys but I'm personally more willing to deal with such members than those hiding the pieces.
But I'm also aware of the fact that price trolling and policing are abundant here. So the only reason why I think sellers do it is to possibly avoid such members.
My thoughts with regard to this is, increase your price if you want. But don't hide the price on the invoice. Ignore "low ballers" or any member who go too low for you. Getting it at a deal doesn't mean interested buyers have the full right to get it at that same price too imo. Members here really need to respect the deals.
And if someone, I don't care who, brings up "but you bought for this x much" then our dear Puns or Vyral can issue a warning.
FS threads without invoices are a different case though. Again it doesn't show them in good light but we can't do anything about that can we?
It's all about the conscience and ethics guys.
But I'm also aware of the fact that price trolling and policing are abundant here. So the only reason why I think sellers do it is to possibly avoid such members.
My thoughts with regard to this is, increase your price if you want. But don't hide the price on the invoice. Ignore "low ballers" or any member who go too low for you. Getting it at a deal doesn't mean interested buyers have the full right to get it at that same price too imo. Members here really need to respect the deals.
And if someone, I don't care who, brings up "but you bought for this x much" then our dear Puns or Vyral can issue a warning.
FS threads without invoices are a different case though. Again it doesn't show them in good light but we can't do anything about that can we?
It's all about the conscience and ethics guys.
It does not matter anyways. Those who want to buy something will take if the price is right. The final onus should be on the buyer, he can ask for the seller to share the unmasked invoice before transferring funds and doing his due diligence.
I think we can use this to highlight the other issues as well.
I think we can use this to highlight the other issues as well.
- Often the sold price is edited out. Should not be, we can use this to get an idea as to what price XYZ was sold at. Conditions change, but its a decent indicator.
- Secondly, anyone should be able to point out that the pricing is high or low with valid links or screenshots. Finally, resellers, lets be frank, they are here to make a profit - give them a different tag.
rkkaranrk
Innovator
I personally don't think it makes a difference, If the asking price suits me I'll buy it.
Take it this way
Someone bought 1kg gold with a invoice value of 5lac and now today this guy wants to sell it and he reaches a gold dealer/interested buyer with the gold and invoice will that guy say this is wrong u bought it for 5Lac and now ur selling it for 40lac, U cannot sell it for 40lac. Sound stupid
So if the asking price matches the current price for the new/used goods its fine.
Take it this way
Someone bought 1kg gold with a invoice value of 5lac and now today this guy wants to sell it and he reaches a gold dealer/interested buyer with the gold and invoice will that guy say this is wrong u bought it for 5Lac and now ur selling it for 40lac, U cannot sell it for 40lac. Sound stupid
So if the asking price matches the current price for the new/used goods its fine.
I don't know if Admins are keeping tap on this or not, have been on TE since 2008 and never did I see anyone selling a Product higher than what he/she bought it for. If TE is allowing to do that then in a way its promoting scalping. No matter what the current price is, no one should be allowed to sell a product higher than one has bought it for, that is why I am in favor of not hiding the pricing on the bill.
superczar
Keymaster
Personally, I have never liked the idea of selling a used product at a price higher that what I purchased it at.
AT the same time, I have zero issues if someone wants to do the same - and I will gladly buy something I want from a seller here as long as his selling price is reasonably discounted against current market prices - and assuming i need it now.
Its absolutely irrelevant what price he/she paid for it as long as it was legally purchased
AT the same time, I have zero issues if someone wants to do the same - and I will gladly buy something I want from a seller here as long as his selling price is reasonably discounted against current market prices - and assuming i need it now.
Its absolutely irrelevant what price he/she paid for it as long as it was legally purchased
Pointless discussion which will lead to nowhere. I voted no but that's solely for transparency's sake and not "to prevent scalping or lowballing." I'm not against sellers selling things at higher price or lower price. But I can't say anything or do anything about if such a rule is implemented. So till then I would like for sellers to not hide the price but still still at whatever price he wishes.
rdst_1
Juggernaut
But what if the product has appreciated in price in the market. Do you have the same opinion for gold?
I know, it hasn't happened before and that is why people are having a problem getting used to it, but prices of some electronic items have appreciated in the recent past (due to whatever reasons).
I could understand price regulation if these were essential commodities, but I don't see why would anyone feel the need to regulate prices for graphics cards.
Now, I will ask you a question. The value of Jewelry/Property never diminishes but an electronic equipment does. So do you think, is it fair to compare GPU (and I am being Particular) with Gold or Property ? And you are trying to compare an Item that has never been sold here.
Has anyone sold Gold or Property on TE ?
Panda
Forerunner
I've already replied to the gold argument but they don't seem to agree and keep bringing it up again & again.
jinx
Forerunner
That wouldn't be a universal truth. If someone finds a way to manufacture gold artificially at scale and at a lower cost, the price of gold will definitely come down.
The nature or property of the item doesn't dictate the value, it's current supply and demand does.
The ethics of selling at a higher price here is a whole another question(and a very subjective one) and I'm pretty sure we'll never find an answer for that.
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