Quote:
That's the thing though. Setting prices in such a manner signals information to the market that may result in a price lower than if a lower price had been set in the first place. Ultimately what you're suggesting might result in a lower price to the seller than had he/she quoted a price in the first place. In the face of uncertainty as to the appropriate price to quote in the first place, it is understandable why sellers would rather resort to interest check/offer solicitations.
I mean you can turn the analysis the other way around. Why should buyers get the benefit of such uncertainty by prohibiting interest checks? They should "grow a pair" and make a bid. Neither approach has any normative superiority.
Best,
-Jason
Originally Posted by pawlowski6132 with the original poster. I think it's assinine. You obviously want to sell your product if you're listing it as an IC so, grow a pair and list it as a FS. If you're not sure on the price (which I don't understand unless it's SO unique, rare, etc.) list it high and see what happens. Keep dropping price until someone bites. |
That's the thing though. Setting prices in such a manner signals information to the market that may result in a price lower than if a lower price had been set in the first place. Ultimately what you're suggesting might result in a lower price to the seller than had he/she quoted a price in the first place. In the face of uncertainty as to the appropriate price to quote in the first place, it is understandable why sellers would rather resort to interest check/offer solicitations.
I mean you can turn the analysis the other way around. Why should buyers get the benefit of such uncertainty by prohibiting interest checks? They should "grow a pair" and make a bid. Neither approach has any normative superiority.
Best,
-Jason