When selling I always price things a little higher than I really want. I figure most people do this leaving a little room. I never put a firm price on anything, but I don't care for someone offering half of what I am asking either. That sets the tone right there for not much negotiation then. I won't do that to someone. If it is not worth what they are asking in my opinion, I won't buy it. If there is something I want, and it is firm, if the price is right, I will buy it. If not, I don't even call. If the ad says best offer, I will ask what the person would take for it. I don't like to put a value on someone else's stuff before they put out a price like that. I have asked this and have had people come down considerably and just pay them that price as it seems fair to both.
Usually the best deal for both is when the seller thinks they sold it too cheap, and the buyer feels they paid a little too much. As long as both are happy with the deal then it is fine. And besides, you always have to dicker right?
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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