Archive of the former Yahoo!Groups mailing list: MOTM

previous by date index next by date
previous in topic topic list next in topic

Subject: Re: [motm] modules for sale

From: Mike Estee <mikest@...>
Date: 2003-12-27

> All the auctions are for built kits, they’re all for 7 days, the
> reserve prices are set at 66% of the assembled price with a buy it now
> option of the assembled price minus 20 dollars.

As someone who buys a fair amount of kit on ebay, I feel compelled to
offer a few pointers about what (personally) makes me comfortable about
buying. Maybe others on the list will find this interesting.

First off, if you must sell a MOTM system (lost your job, back to
school, and medical expenses, are the only legitimate excuses!) Try
selling it here before you put it up on ebay. Identity verification is
a bit of a throny issue, so having a paypal account is a good idea. I
would never send cash or a check to just any Joe Modular.

As a general rule it's a good idea to mention that the kits where built
by you, and to place a picture of your solder work up when running an
auction on ebay, or a description of your soldering skills
(professional, nonprofessional, be prepared to back your self up here.)
From your text it would be easy for me to assume that these where
originally bought assembled as you quote the original assembled price
in your auction copy, when in fact you state that this is not true.

I have to say I'm also not a big fan of reading website literature in
auctions. It's much more reassuring to hear about the history of the
piece in question than to read the specs. (Smoke free studio, etc.) For
me, it's also an indicator of how serious an individual is about
selling. A proper history and description of working/visual condition
denotes an air of professionalism, and i'd rather read specs at the
original website. Leave a llink.

As a seller, I've found that BuyItNow works wonders for moving
equipment quickly. I usually try and gauge what the median price is and
set the buy it now at the median, and the auction start a percentage
below that. Don't bother with reserves. People tend to purchase
impulsively (for most things it turns out...), BuyItNow panders to that
tendency. MOTM modules seem to retain there value pretty well, even
customer assembled ones, though those are more variable. I would say a
Paul built MOTM module is probably worth more than the original kit
price.

Good luck, and hope to see you back after college!

--mikes