bad time to of year to sell?

[Discus]

Trying to sell one of my tanks for a new project. Wondering if its just not a good time to sell the tank and maybe I should put it in storage for spring. Had little to no interest so ya thinking my self that it is a bad time but could be as good as any.

[monkE]

Well, it's far from the ideal time, but that being said, just keep updating your post, even if you put the tank away and eventually someone will want to take it off your hands

[taureandragon76]

I have found that not only is it the time of year but it seems to be alot harder to sell stuff here these days, I remember when a big tank would come up it would never last long. I have been trying to sell my setups since last summer and get nothing but lowball offers.

[Tarobot]

ya i'm not sure if used equipment really depreciate in value that much or people are just lowballing, i've had some really bad offers on used heaters and considering they are 40+ brand new.

[The Guy]

Yep! seems to be a slump in all product sales, not only aquarium related.

[2wheelsx2]

As others have said, I think it's just a tough time of year to sell anything, right after the holidays and people are starting to think income tax. Real estate is slumping a bit too.

But in general, what I've noticed is that people are less flexible in their selling, ie, no part outs. So unless the buyer wants to buy your vision, then they don't want it. It would be no different than trying to sell a lime green car vs. a black or white car. A generic product sells easier because more people want to own it.

So if you're having trouble selling your whole setup, perhaps part it out with a premium on the pricing on the good stuff to cover the not so good stuff. That's what I would consider doing.

[SeaHorse_Fanatic]

We're in a down economy, with lots of people worried about how they're going to pay for rent/mortgages since we live in the most expensive area in Canada. This has a huge negative effect on how much people are willing to pay and how quickly people are able to sell off their stuff.

When I sold my 210g reef setup, I parted out right away and the guy who bought the tank, stand, and sump, bought most of my other stuff as well. As sellers, we want the convenience of selling everything all at once, so we're not stuck with the less desirable pieces or have 8-10 people coming over to pick up one or two items each. However, not too many members nowadays can drop a big chunk of cash into buying an entire setup unless it is priced to sell.

When I am ready to sell off a tank setup, I usually price it to sell (ie. $500 for a 210 reef-ready, stand, sump & plumbing). My rule of thumb is that I price it at a level that I would be interested in paying for it myself. I had three potential buyers pm me in the first 24 hours.

Another factor is that IPU and KE are still having their Boxing "week" sales, and stuff like new heaters are priced lower than normal, which again drives down how much a member is willing to pay for someone else's used equipment.

So there are many factors affecting this issue and making it harder to sell at what we would like to make on our used equipment or livestock.

Anthony

[Casey8]

When I am ready to sell off a tank setup, I usually price it to sell (ie. $500 for a 210 reef-ready, stand, sump & plumbing). My rule of thumb is that I price it at a level that I would be interested in paying for it myself. I had three potential buyers pm me in the first 24 hours.

Good point there, Anthony. No wonder people love you so much.

[zhasan]

I'm in 100% agreement with Anthony!

[SeaHorse_Fanatic]

Good point there, Anthony. No wonder people love you so much.

Awww, now you're making me blush