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mswaroopk

Auction

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Selling Inorganic removal stone ...

 

The auction will end next Friday (27th August, 2010) morning 11:00 A.M EST.

 

Starting price - 600k.

 

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Though starting price mentioned as 600k, But I reserve the right not to sell if the amount in less than 660k

Edited by mswaroopk

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Though starting price mentioned as 600k, But I reserve the right not to sell if the amount in less than 660k

 

rofl

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Selling Inorganic removal stone ...

 

The auction will end next Friday (27th August, 2010) morning 11:00 A.M EST.

 

Starting price - 600k.

 

You can leave off-line messages or update this thread.

 

Though starting price mentioned as 600k, But I reserve the right not to sell if the amount in less than 660k

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Something I had notice are some auctions with a starting price and the legend "I reserve the right of not sell it if the price is too low".

 

An ethic behaviour and good marketing rules determinate that if you set a starting price for an auction that is the minimun that you will accept for complete the transaction. It has no sence to not sell it if someone offered the starting price (or more, but not enought as you want).

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True I also agree to this, but unfortunately at the time of putting this auction I had no idea of its price. I came to know of its price after the initial post was made. So I had no option but to take this alternative.

 

My apologies. I would recommend to have a topic of the prices prevailing in the market so as to avoid situation like mine.

Edited by mswaroopk

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