Not if you price your second hand goods reasonably, other than bags I still manage to sell off my stuff easily enough.
Exactly, if not its just flooding the BNS forum for months with the same items and "No Lowballers" LOL
Lowball vs Genuine Nego
- Thread starter drcanonnikon
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Exactly, if not its just flooding the BNS forum for months with the same items and "No Lowballers" LOL
darrrrrrrrrr
Senior Member
I'd like to think that I've priced my stuff reasonably based on researching market rates, and understand that gear doesn't sell so fast these days. There'll be plenty of random people offering all sorts of prices, especially the Carousell types. I'm not rushing to sell most of the time, so if it's not the price I had in mind, I'll just politely decline and not take things personally, have a laugh about it even. 
I've had instances when ppl PM me with a lowball offer, they themselves also know its lowballing, but they try to justify by "i got no budget but i really wanna try this lens" and want to quibble over a small bit of money. Photography can be an expensive hobby, and if one wants to indulge in high-end gear, don't expect any charities from sellers if you can't pay to play.
I've also had other instances when ppl quote "oh one copy of the lens sold for xxx few weeks ago" so I shd also lower to that price. Maybe the seller was trying to offload gear fast at a steep discount, but one single case still doesn't change the market rate. You guys missed a good deal while it lasted, so don't expect others to match the price.
Worse still, a few guys mentioned there was this WTS thread at xxx price, but when I asked them to send me the URL so I can review my asking price, they all went silent on me. I tried to search but cannot find, I think they're trying to fake me into lowering my price.
I've had instances when ppl PM me with a lowball offer, they themselves also know its lowballing, but they try to justify by "i got no budget but i really wanna try this lens" and want to quibble over a small bit of money. Photography can be an expensive hobby, and if one wants to indulge in high-end gear, don't expect any charities from sellers if you can't pay to play.
I've also had other instances when ppl quote "oh one copy of the lens sold for xxx few weeks ago" so I shd also lower to that price. Maybe the seller was trying to offload gear fast at a steep discount, but one single case still doesn't change the market rate. You guys missed a good deal while it lasted, so don't expect others to match the price.
Worse still, a few guys mentioned there was this WTS thread at xxx price, but when I asked them to send me the URL so I can review my asking price, they all went silent on me. I tried to search but cannot find, I think they're trying to fake me into lowering my price.
richiemccaw1
Senior Member
I have had a nice laugh looking at this particular two guys selling their 5D3 and Canon lenses over the past year or so.
drcanonnikon
Member
It's regrettable reading about all these mismatched instances coupled with usual "lowball Buyer"
and "highball Seller" experiences which in the long run will make this Community a wholly unreliable
And untrustworthy forum.
Going forward, if left in its current stalemate, surely serious Buyers and Sellers will gravitate to
other Forums and listings as Club Snap whittle to a standstill.
Am confident there can be a pricing mechanism which is fair and reasonable to All stakeholders
that serve all interests so that all Seller posts are adjudicated prior to publication. Buyers can then
Buy with Confidence and Transaction Activity will flourish.
This discipline will restore faith in an otherwise languishing forum governed by Cowboys taking
Pot shots at every Post .. And remove riff raffs from within our midst.
and "highball Seller" experiences which in the long run will make this Community a wholly unreliable
And untrustworthy forum.
Going forward, if left in its current stalemate, surely serious Buyers and Sellers will gravitate to
other Forums and listings as Club Snap whittle to a standstill.
Am confident there can be a pricing mechanism which is fair and reasonable to All stakeholders
that serve all interests so that all Seller posts are adjudicated prior to publication. Buyers can then
Buy with Confidence and Transaction Activity will flourish.
This discipline will restore faith in an otherwise languishing forum governed by Cowboys taking
Pot shots at every Post .. And remove riff raffs from within our midst.
richiemccaw1
Senior Member
Good intentions though I doubt the moderators and admins want to be involved in the pricing of items sold in BnS. Every method has its pros and cons - whether it is a free market method or a moderated one.
Turbonetics
Senior Member
how to debate this topic?
it is subjective to individual lah.
and how do we know if the seller is the first owner or 2nd,3rd,4th??
it is subjective to individual lah.
and how do we know if the seller is the first owner or 2nd,3rd,4th??
Turbonetics
Senior Member
u think the average price is hovering at around $1.85-1.9k.
Turbonetics
Senior Member
Typo* should be I think the price is hovering at around $1.85-1.9k.
I bought it 3 years back at $3.3k and sold last year at a big loss too.
Ehm.. There are lots of reason to sell one's gear. Even though no negative feedback, buying a 2nd hand equipment still comes with risk. You might have good reputation, but the issue here is the risk of buying 2nd hand gear. I just feel that the buyer needs to understand there are risks, such as wear and tear, regardless who is the seller. If you are selling new gears, then ur reputation will affect definitely. So i still think the write-up still apply. 
.
. Lotsa people view the BNS forum everyday, I think if the individual threads can have a "star" rating system, something like a flag up or down, like or dislike like youtube, etc, it will goes to help the naive and innocent buyers and sellers to calibrate their expectations properly.
In other words: you are asking for some form of government that controls and sets the prices? :think:
If you read the sticky threads with the Buy & Sell Guidelines you will hopefully notice a few clear facts:
- Buyers and Sellers are private persons, just like you. (Commercial sellers have to subscribe and get a special status as 'Advertiser'.)
- All transactions happen between private people
- ClubSNAP provides the technical platform to place offers and requests
- Neither the owner nor any moderator of ClubSNAP are involved in any transaction
- ClubSNAP has set out guidelines for Buy & Sell, which are enforced in the time that the moderators can spend
Since you calling that loudly for further regulations, I would like you to draft them, please, and post into the Consumer Corner for further discussion. We moderators will have a look and see what is useful within the legal framework of Singapore Laws and the purpose and scope of this forum.
Finally: keep in mind that any regulation you are calling for will be applied to you as well.
drcanonnikon
Member
Think if current dilemma with Lowballing Buyers and Highballing Sellers can be minimised or better
Still, completely eradicated, then the whole Marketplace Experience on ClubSnap will be enhanced.
Just to kickstart and brainstorm possible alternatives, if All Seller Posts are , in the first instance,
Scrutinised by a moderating panel to align the advertisement and prices to be in conformity with
some checklist criteria, then ClubSnap would already have gone a long way to resolution.
Even if it means a 24-48 hour delay before Sell Requests are finally Listed on Forum pages, it is a
Small inconvenience to eliminate lowballers and highballers.
Needless to say, prices in scrutinised and moderated Sell Advertisements are Fixed and Final and
No bargaining of any kind will be tolerated. Only exception be where parties agree to deal without all
The peripheral items in the Post and then a corresponding discount maybe considered.
Sellers have an obligation to Report all concluded Sales so to provide the Moderating Panel with a
History of transactional data to facilitate their scrutineering works downstream.
The legalese can be easily spelt out but there must be agreement first on how best to achieve the
objectives of providing a very transparent and fuss-free marketplace free from price manipulation.
A token fee can be levied for each Post so that many who persistently default the 3-day repeat Ad
Rule can be more circumspect and Posts in Forums not flooded by blatant repeats.
Ultimately it's about self-governance , if we as a community do not take steps to regulate our
affairs, then why should anyone else bother ?
It's a crying shame when Sellers have to remark in their Posts : Please Do Not Lowball !!
Still, completely eradicated, then the whole Marketplace Experience on ClubSnap will be enhanced.
Just to kickstart and brainstorm possible alternatives, if All Seller Posts are , in the first instance,
Scrutinised by a moderating panel to align the advertisement and prices to be in conformity with
some checklist criteria, then ClubSnap would already have gone a long way to resolution.
Even if it means a 24-48 hour delay before Sell Requests are finally Listed on Forum pages, it is a
Small inconvenience to eliminate lowballers and highballers.
Needless to say, prices in scrutinised and moderated Sell Advertisements are Fixed and Final and
No bargaining of any kind will be tolerated. Only exception be where parties agree to deal without all
The peripheral items in the Post and then a corresponding discount maybe considered.
Sellers have an obligation to Report all concluded Sales so to provide the Moderating Panel with a
History of transactional data to facilitate their scrutineering works downstream.
The legalese can be easily spelt out but there must be agreement first on how best to achieve the
objectives of providing a very transparent and fuss-free marketplace free from price manipulation.
A token fee can be levied for each Post so that many who persistently default the 3-day repeat Ad
Rule can be more circumspect and Posts in Forums not flooded by blatant repeats.
Ultimately it's about self-governance , if we as a community do not take steps to regulate our
affairs, then why should anyone else bother ?
It's a crying shame when Sellers have to remark in their Posts : Please Do Not Lowball !!
shierwin
Senior Member
Would you take up the job to monitor the feedbacks and moderate selelrs' expectation - an onerous task?
CASE may get on you if you regulate the price...
Free market - low ball or high ball let it be. Why fuzz over such matters..........
it will be a part time job at least, and he will be the most dislike person in ClubSNAP.
ClubSNAP and the moderator community has no jurisdiction nor right to regulate prices. Why you may ask?
1. Singapore's market is a free market. It is illegal to price fix.
2. Personal items are owned by private parties. As such, they have every right to decide what price they want to sell their items. Buyers also have the right to not buy.
3. Self governance means the buyers and sellers have to do it themselves, it is up to each personal value system. Once another party gets involved in making the decisions, it is no longer self governance. We cannot and will not impose our will on others, nor do we believe in infringing the rights of others.
4. Personal classifieds is just a posting service where sellers and buyers can post up their WTS or WTB. Nothing more, nothing less. ClubSNAP does this as a free service and does not make a single cent off Personal classifieds.
5. To build a system like what you mentioned, resources and manpower are needed. On top of what you mentioned, a panel, appeals, complaint, mediation, customer support channels and processes all need to be set up. Full time staff needs to be hired. Office needs to be rented. Computers, PBX phone systems, everything needs to be set up. Forum also needs to be modified with new design and custom coding. Lawyers need to be hired to come up with all the legal terms and fine tune the processes to make sure we do not break the law. As ClubSNAP does not make a single cent off this. who is going to foot the bill on all these? Will you be willing to head this project and come up with the initial investments?
Talk is easy. Each one of us needs to think deeper of what is really involved, be it legality, costs and work needed to get all these in place.
In the end, the fundamental issue also not solved. Who are we to tell others what they can sell their property at? How can we force on others what we think is fair, when it is their property not ours?
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Especially if the payment for this person is coming from fee that are suggested 😄it will be a part time job at least, and he will be the most dislike person in ClubSNAP.
richiemccaw1
Senior Member
For all the alarmist talk predicting the downfall of Clubsnap (and maybe London Bridge falling) because of a unregulated BnS, I think theres more to this forum than BnS.
If people choose not to trade via Clubsnap as the platform, so be it. Life would go on. People would probably still come here to share pictures, experience or learn more about what camera to buy.
If people choose not to trade via Clubsnap as the platform, so be it. Life would go on. People would probably still come here to share pictures, experience or learn more about what camera to buy.
naysayers have been talking about BNS for many years. But lo and behold, traffic to BNS is still as high as ever, and maintained as the highest traffic area in ClubSNAP.
There are indeed a lot more to ClubSNAP. We have events, talks, reviews etc... But it is up to the individual to see how much they want to participate and that will determine how much they will gain from ClubSNAP.
Reminds me on the 'official' high balling system in property market: CoV.
Some property agent rated the property and set the price but in the end the price was higher. And it was legally clean.
That is different bro. The agent has a standing contract to act on the owner's behalf. That, in itself, is a lot different in concept to what TS has suggested.
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