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I frequently see items for sale on here that I am interested in, but the seller is asking way too much, so I just pass the items up. Then after a couple of weeks of no buyers, the seller lowers the price -- and does so again in a couple more weeks. Sellers, you are making a big mistake by doing this -- Why, because most people are impulse buyers. A lot of people are like me: when I see items overpriced and pass them up, I rarely ever give them a second look, even when I see the seller has come down -- sometimes way, way down -- on the price. The reason why I don't give those items a second look is because you, the seller, have given me time to think, do I really want this item? Basically, by overpricing, you are losing sales.
Posted in: Housing & Real Estate.
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