Flipping a good deal from a Polkie for a profit

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Comments

  • wz2p7j
    wz2p7j Posts: 840
    edited September 2009
    ben62670 wrote: »
    Another tard. He was seeling a bunch of gear, and he sold it at what it cost him most likely because it left a bad taste in his mouth, and Polkies tend to sell stuff for what they paid for it. He wasn't looking to make a profit off of Polkies. You don't seem to get too much do you?

    Hey Ben,

    You and I pretty much said the exact same thing in different ways, so I'm not sure if the "You don't seem to get too much do you?" comment was directed at me or maybe you didn't read my post entirely. :p:p

    Heiney,

    I'm cool, with it. Don't need a big biff over a little thing, eh? In Australia after a big fight they say "No hard feelings mate." :D:D

    I'm still in the camp that if each buyer/seller got what they needed out of the deal, no harm no foul. Sounds to me like Heiney's bro wanted to get this behind him.

    Take care you guys. Chris
  • dee1949
    dee1949 Posts: 1,425
    edited September 2009
    ...there are 2 SIDES to every STORY.

    Granted - this is a FRIENDLY forum - for better or worse. It is also a free MARKET economy...good ole USA.

    Should we cut the BABY in half????

    ...would a percentage of the profits quell this rift???

    ...SHOULD we only offer CP deals to a select few???

    ..."Don't throw the "BABY" out with the bathwater"???(HUMOR)???? Keep CP "friendly" and alive. Work it OUT!!!
  • danger boy
    danger boy Posts: 15,722
    edited September 2009
    deleted

    +1 on your delete.

    I have no idea what you wrote though. :p

    wow this thread has gone on for 4 pages. a hour or two ago it was only two pages. :eek:
    PolkFest 2012, who's going>?
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  • nooshinjohn
    nooshinjohn Posts: 25,447
    edited September 2009
    danger boy wrote: »
    +1 on your delete.

    I have no idea what you wrote though. :p

    wow this thread has gone on for 4 pages. a hour or two ago it was only two pages. :eek:

    thanks;) I felt it best to hold off on commenting further until all the facts were known. Now that they have come to light my opinion changed on the matter quite a bit. I still feel this entire thread needs to be deleted, as it is not in keeping with the spirit of the forum.
    The Gear... Carver "Statement" Mono-blocks, Mcintosh C2300 Arcam AVR20, Oppo UDP-203 4K Blu-ray player, Sony XBR70x850B 4k, Polk Audio Legend L800 with height modules, L400 Center Channel Polk audio AB800 "in-wall" surrounds. Marantz MM7025 stereo amp. Simaudio Moon 680d DSD

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  • Tony M
    Tony M Posts: 11,163
    edited September 2009
    Nguyindot, is it too late to have first offer rights on those Bostons?:D
    I should have stated but I think I made myself pretty clear I wanted to know your intentions.

    BUT life does happen and I'm pretty understanding!;)

    I sold stuff to a guy knowing he was going to put them on Ebay. I'd watch his ads and say damn, he made 200.00 off me. Well he did alot of work for his extra $$. He came back and bought more and I told him I watched and I didn't care that he made $$ and that he was on my favorite seller list. That guy took offense or something and had me blocked from being able to list him in my fav. seller memory. I still watched his second purchases from me and yes he made alittle $ again and that's fine. He hasn't been back but who knows.

    This thread should stay just to show there's two sides and always different ways of looking at a transaction.Hell ,I sold a set of rt800's to a friend and a day later I see them on CL. Yea, I was pissed because I didn't ask his intentions. He bought another set later but I didn't give him such a break that time. I've written enough ......
    Most people just listen to music and watch movies. I EXPERIENCE them.
  • dorokusai
    dorokusai Posts: 25,577
    edited September 2009
    heiney9 wrote: »
    So is there an unwritten rule that within a few days if you purchase something on FM from a fellow Polkie that you shouldn't turn around and try to almost double your profit on Audiogon.

    I think it's really, really poor form to buy something at a very good price and then within a week flip it for a large gain w/o even offering it back to fellow Polkies first.

    Perhaps I'm way off base here, but this really, really irks me. That particular sale could have gone for more, but the seller simply sold it for what they bought it for right here on the forum. The buyer is now selling it on Audiogon for a whole lot more.

    Discuss

    {end rant}

    H9

    P.s. actually double and then some.

    That's been done to right in front of me in the Flea Market and on Audiogon by Polkies. Needless to say, they're persona non grata. Oh well...I felt worse for the people who bought the stuff.
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  • shack
    shack Posts: 11,154
    edited September 2009
    This thread does NOT need to be deleted...both parties involved have stated as such.

    Buyer and seller consummated the transaction...payment made...merchandise delivered...done deal.

    While there are "unwritten" rules that many here feel are paramount to the forum... obviously not everyone has the same understanding nor is compelled to follow them. Rule? Karma? Tradition? Right Thing? Whatever? It is not a prerequisite for participation. To be universally accepted...maybe...but it is not a requirement. Until it is everyone is free to do whatever they choose as long as no formal rules are broken. Don’t like what the buyer did? Ignore him and never sell him anything. That is your right.

    In this case, just because the seller did something admirable (and he should be commended for that given the circumstances) the buyer should not be chastised for what he did IMO. He did the "right thing" by honoring his commitment to pay for the item in a timely manner. That is often not always the case here...even among “respected” members. After that, he could have thrown it in the river if he chose, given it away or sold it for a million dollars...I don’t care…It was his.

    While I think it would have been a nice gesture to offer it back to the forum...I didn't see a group offering to take the buyers place if he reneged. It could have been a condition of the sale...it wasn't. Someone could have sent the buyer a PM requesting the item if he ever sold it. It may not have been that "hot" of an item.

    Of course all of this is JMO. Everyone is free to have their opinion. THAT is the spirit of the forum.

    Now...

    "Breathe in...Breathe out...Move on." JB
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  • Demiurge
    Demiurge Posts: 10,874
    edited September 2009
    Not everyone here at Club Polk is slinging deals to people for the love of the community. That's a nice thought and all, but it's not reality. It's also true that many people are, no doubt about it, and we know who they are. Most of the stuff I have bought here has been at a steal when much more could be commanded elsewhere, and I'm thankful for it, but that's just me. I think the sellers keep that in the back of their mind, too. I would.

    If you do wrong, even if there's no official rule/law, people remember that, too.
  • vmaxer
    vmaxer Posts: 5,117
    edited September 2009
    I will probably regret making a comment here, but here goes...
    thanks;) I felt it best to hold off on commenting further until all the facts were known. Now that they have come to light my opinion changed on the matter quite a bit. I still feel this entire thread needs to be deleted, as it is not in keeping with the spirit of the forum.

    I think it is either right or wrong, it doesn't matter who did it or why...Maybe right or wrong should be good or bad...everyone will have to decide for themselves I guess.
    Demiurge wrote: »
    Not everyone here at Club Polk is slinging deals to people for the love of the community. That's a nice thought and all, but it's not reality. It's also true that many people are, no doubt about it, and we know who they are. Most of the stuff I have bought here has been at a steal when much more could be commanded elsewhere, and I'm thankful for it, but that's just me. I think the sellers keep that in the back of their mind, too. I would.

    If you do wrong, even if there's no official rule/law, people remember that, too.


    I agree, I bought a set of LSI 15's from a member here that had the crossovers updated by Ben for what I thought was a great deal. When I went to pick them up the seller had started having second thoughts. I told him he didn't have to sell if he didn't want to, but he did stick to the deal he had offered. He did ask that if I was ever to sell them he wanted first shot. I then came across a set of SDA SRS 1.2tl's for a good deal and bought them. This left me with not needing the LSI 15's. I told the seller and he had since upgraded a lot of stuff and was unsure about buying them back to which I said was okay, no hurry on my part. He later called me and said he had told another member about them and asked if the other member could contact me abut them, and we agreed to let him have them if he wanted them...

    Long story, I know,,,but I felt strongly that I could have made 2 or 3 hundred dollars on them if I wanted to, but knowing the way things work here on the forum I didn't think it would be the right thing to do. I have been helped a lot by others here and felt passing them along was best.
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  • michaeljhsda2
    michaeljhsda2 Posts: 2,185
    edited September 2009
    "I agree, I bought a set of LSI 15's from a member here that had the crossovers updated by Ben for what I thought was a great deal. When I went to pick them up the seller had started having second thoughts. I told him he didn't have to sell if he didn't want to, but he did stick to the deal he had offered. He did ask that if I was ever to sell them he wanted first shot. I then came across a set of SDA SRS 1.2tl's for a good deal and bought them. This left me with not needing the LSI 15's. I told the seller and he had since upgraded a lot of stuff and was unsure about buying them back to which I said was okay, no hurry on my part. He later called me and said he had told another member about them and asked if the other member could contact me abut them, and we agreed to let him have them if he wanted them...

    Long story, I know,,,but I felt strongly that I could have made 2 or 3 hundred dollars on them if I wanted to, but knowing the way things work here on the forum I didn't think it would be the right thing to do. I have been helped a lot by others here and felt passing them along was best."


    Nice example of why I like this forum. YMMV
    Mike
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  • wz2p7j
    wz2p7j Posts: 840
    edited September 2009
    A survey of recent selling on CP is below.
    In all fairness, I did find 3 instances where the CP deal was better (slightly) than the eBay deal (not shown below).

    While I'm sure there have been some good deals shared among members here, overall the data suggests the Polk "flea market" tracks (albeit, a little high) the normal laws of supply and demand seen in more liquid markets such as eBay.

    Adcom 545
    CP ask $150
    Average selling price on eBay (sold auctions) $131

    Samsung LN52A650
    CP ask $2500
    Average selling price on eBay (sold auctions) $1644

    Adcom GFA-555II
    CP ask $325
    Average selling price on eBay (sold auctions) $283

    Panasonic PT-AE900U
    CP ask $400
    Average selling price on eBay (sold auctions) $298

    TX-SR876
    CP ask $850 (firm)
    Average selling price on eBay (sold auctions) $849

    Marantz SR8002
    CP ask $1200
    Average selling price on eBay (sold auctions) $1339 (1 sale)
    Current eBay “buy it now price” $999 (refurbished)

    Marantz SR9200
    CP ask $1050
    Average selling price on eBay (sold auctions) $610

    Onkyo TX-SR602
    CP ask $170
    Average selling price on eBay (sold auctions) $101

    Onkyo TX-SR503
    CP ask $130
    Average selling price on eBay (sold auctions) $50
  • strider
    strider Posts: 2,568
    edited September 2009
    Did you think of sending him a PM and asking about it before throwing him to the wolves? As I said in my response, he has earned the respect of all here and is as class an act as I have witnessed here on the forum. For this reason alone, I would ask that at least the "not guilty til proven otherwise" would most certainly be applied.

    I have asked the mods to remove this thread as I believe he is entitled to that.

    Who the hell are you to decide what post stays and what goes? Brock sure as hell didn't "throw anyone to the wolves".

    Solid added his name to the post which, to me, gives more credence to the fact that he wasn't in it to flip it for profit. Even if he was, so be it, there's not a rule that says he can't.

    As has been said, today and in the past, the FM isn't here for people to make money in. It's here to help fellow Polkies out to try new things for a good deal. It's up to the individual to decide if they're a true Polkie, however.
    Wristwatch--->Crisco
  • heiney9
    heiney9 Posts: 25,197
    edited September 2009
    wz2p7j wrote: »
    A survey of recent selling on CP is below.
    In all fairness, I did find 3 instances where the CP deal was better (slightly) than the eBay deal (not shown below).

    While I'm sure there have been some good deals shared among members here, overall the data suggests the Polk "flea market" tracks (albeit, a little high) the normal laws of supply and demand seen in more liquid markets such as eBay.

    Adcom 545
    CP ask $150
    Average selling price on eBay (sold auctions) $131

    Samsung LN52A650
    CP ask $2500
    Average selling price on eBay (sold auctions) $1644

    Adcom GFA-555II
    CP ask $325
    Average selling price on eBay (sold auctions) $283

    Panasonic PT-AE900U
    CP ask $400
    Average selling price on eBay (sold auctions) $298

    TX-SR876
    CP ask $850 (firm)
    Average selling price on eBay (sold auctions) $849

    Marantz SR8002
    CP ask $1200
    Average selling price on eBay (sold auctions) $1339 (1 sale)
    Current eBay “buy it now price” $999 (refurbished)

    Marantz SR9200
    CP ask $1050
    Average selling price on eBay (sold auctions) $610

    Onkyo TX-SR602
    CP ask $170
    Average selling price on eBay (sold auctions) $101

    Onkyo TX-SR503
    CP ask $130
    Average selling price on eBay (sold auctions) $50

    WTF is this? Are you deliberately trying to drag this thread through the mud? Come back when you've sampled more heavily contributing members and their respective sales, say over a 5 year period.

    More complete BS. Not every sale from every person on the FM is an outstanding deal and your info has nothing whatsoever to do with this thread. :rolleyes:
    "Appreciation of audio is a completely subjective human experience. Measurements can provide a measure of insight, but are no substitute for human judgment. Why are we looking to reduce a subjective experience to objective criteria anyway? The subtleties of music and audio reproduction are for those who appreciate it. Differentiation by numbers is for those who do not".--Nelson Pass Pass Labs XA25 | EE Avant Pre | EE Mini Max Supreme DAC | MIT Shotgun S1 | Pangea AC14SE MKII | Legend L600 | BlueSound Node 3 - Tubes add soul!
  • wz2p7j
    wz2p7j Posts: 840
    edited September 2009
    Heiney,

    In answer to your question "WTF is this?" I would answer that it's called data. Without data, all you have is an opinion. You are certainly entitled to yours, and I respect that. Although it's far less enjoyable debating and discussing with you if you can't present same. Why don't YOU go back 5 years and prove me WRONG (laughing).

    By the way, do you have a name other than Heiney? (Mike or Joe or something?)

    Best regards, Chris
  • dee1949
    dee1949 Posts: 1,425
    edited September 2009
    ...Hey....is this like the "CIViL WAR"....every one take sides. IT is what it is....let it go. Let the concerned parties work it out.

    ...Get back to business.
  • Ricardo
    Ricardo Posts: 10,636
    edited September 2009
    Great thread here. Shows who's who.
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  • Ricardo
    Ricardo Posts: 10,636
    edited September 2009
    And for the records, the "FM" concept only lives in a few members. I'm one of them, but there's fewer and fewer each day.
    _________________________________________________
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  • Ricardo
    Ricardo Posts: 10,636
    edited September 2009
    I've been planning on a little karma. haven't done one in a while. It will be fun to watch people say "in" thinking they have a chance.
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  • BeRad
    BeRad Posts: 736
    edited September 2009
    wz2p7j wrote: »
    A survey of recent selling on CP is below.
    In all fairness, I did find 3 instances where the CP deal was better (slightly) than the eBay deal (not shown below).

    While I'm sure there have been some good deals shared among members here, overall the data suggests the Polk "flea market" tracks (albeit, a little high) the normal laws of supply and demand seen in more liquid markets such as eBay.
    ... bunch of bs ...

    That is one of the most classless and irrelevant things I have seen on this forum.

    On topic: SS didn't try to hide and cower, but instead admitted what he did/wanted to do, and backed it up with a vague reason. That right there is respectable.

    Is it wrong to buy something at CP FM intentionally just to flip it and make some coin: definitely
    This doesn't appear to be the motive behind the A-gon listing mentioned. I wouldn't doubt that there is a very good and dire reason that a veteran member would do this. I know that if I needed a certain amount of money, I'd find the most useless (..to me and desirable to others) item I had and try to get what I could for it. (Although I personally have way more non-audio related items I'd ditch before touching anything relating to my rig. Anybody need a '96 Intrepid?)
  • Ricardo
    Ricardo Posts: 10,636
    edited September 2009
    And no, it's not the pain killers talking.
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  • blakeh
    blakeh Posts: 491
    edited September 2009
    Ricardo wrote: »
    Great thread here. Shows who's who.

    Probably the best summation of this thread.

    Though I particularly enjoyed nooshie "deciding" that this thread needs to be deleted. That was good for a laugh for sure! :rolleyes:
  • daboyz
    daboyz Posts: 5,207
    edited September 2009
    In?;)

    Ricardo recently gave me an excellent karma and i wouldn't even DREAM of selling it. I'd re-karma it. The one karma I won I did give back away in the forum.

    I believe the FM has many unwritten rules that we should all get and adhere to. Unfortunately, alot have been trampled lately and that's just not right.

    This case,IMHO,reeks of impropriety and is just wrong within the bounds of the Club.
  • Ricardo
    Ricardo Posts: 10,636
    edited September 2009
    As I said in my response, he has earned the respect of all here and is as class an act as I have witnessed here on the forum. For this reason alone, I would ask that at least the "not guilty til proven otherwise" would most certainly be applied.

    I have asked the mods to remove this thread as I believe he is entitled to that.



    Excuse me. And who are you?
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  • megasat16
    megasat16 Posts: 3,521
    edited September 2009
    Ricardo wrote: »
    And no, it's not the pain killers talking.

    I am in for Pass Labs X250 Karma! :D
    Trying out Different Audio Cables is a Religious Affair. You don't discuss it with anyone. :redface::biggrin:
  • heiney9
    heiney9 Posts: 25,197
    edited September 2009
    wz2p7j wrote: »
    Heiney,

    In answer to your question "WTF is this?" I would answer that it's called data. Without data, all you have is an opinion. You are certainly entitled to yours, and I respect that. Although it's far less enjoyable debating and discussing with you if you can't present same. Why don't YOU go back 5 years and prove me WRONG (laughing).

    By the way, do you have a name other than Heiney? (Mike or Joe or something?)

    Best regards, Chris

    So you take 10 or so random posts out of thousands and that 'data' somehow represents the FM? The type of data you compiled has nothing whatsoever to do with the issue. I don;t need to prove you wrong because I know what the real answer is............and Ricardo hit it on the head perfectly.

    Again, that's why I chose to sell an amp and a pair of tubes behind the scenes to people I can trust and enjoy passing on a great deal which I know they will appreciate and not try to turn around and flip it for a profit. If I wanted to make money on these items I would have gone to ebay or audiogon where I could have made 40-70% more.

    Best regards--H9
    "Appreciation of audio is a completely subjective human experience. Measurements can provide a measure of insight, but are no substitute for human judgment. Why are we looking to reduce a subjective experience to objective criteria anyway? The subtleties of music and audio reproduction are for those who appreciate it. Differentiation by numbers is for those who do not".--Nelson Pass Pass Labs XA25 | EE Avant Pre | EE Mini Max Supreme DAC | MIT Shotgun S1 | Pangea AC14SE MKII | Legend L600 | BlueSound Node 3 - Tubes add soul!
  • thsmith
    thsmith Posts: 6,082
    edited September 2009
    A bit off topic but I prefer to sell stuff here over other places because it is just easier. People know what they want and don't back out. I feel lucky if I can just come close to breaking even.

    Also, I have sold stuff that ended being bought by local Polkies and have new friends.

    The karma's I have GIVEN away have come back in spades.

    Getting back on topic, If the attitude of buy low here and sell higher at other places will kill the FM for good deals and that will be a shame.

    Not knowing or caring who did this I will give them the benifit of doubt that they used the extra cash to feed their kids otherwise poor taste.
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  • megasat16
    megasat16 Posts: 3,521
    edited September 2009
    Generally speaking guys, If you buy something from Polk FM, it's probably the best idea to offer it back in the Polk FM to see if a fellow polkie is interested. If not, move on to other venues.

    I have a lot more confident buying from a Polkie than an eBayer. But there are tons of great eBayers out there.
    Trying out Different Audio Cables is a Religious Affair. You don't discuss it with anyone. :redface::biggrin:
  • Norm Apter
    Norm Apter Posts: 1,036
    edited September 2009
    Ricardo wrote: »
    Great thread here. Shows who's who.

    I agree with Ricardo. The idea of eliminating this thread for whatever reason would be the worst thing to do. There's a very basic division of ideas on the topic of the FM that extends way beyond the transaction between the individuals involved in this case. I've only been here a short time, but I have heard two common refrains ever since I joined: CP is like a family where everybody looks out for one another and, in a related vein, the FM is a place unlike other zones of transaction (e.g. CL, Ebay) where gear changes hands without a profit motive. Thats the basic ethic I've learned during my short time here and its the one I've tried to embrace in my dealings.

    Now, I'm certainly not going to accuse Mike of profit-seeking, but more importantly some of the respondents to this thread have shown that they have no problem with a profit motive and that fact should be made known, regardless of how I or anybody else feels about it.
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  • megasat16
    megasat16 Posts: 3,521
    edited September 2009
    wz2p7j wrote: »
    I would answer that it's called data. Without data, all you have is an opinion.

    I think I can see your good intention of providing the data to backup how the prices in Polk FM is not better than those from FM.

    But you are missing some very important things - the stuff offered in FM may be a lot better cosmetics and working condition than those on eBay. Also, the seller is a polkie so it's a lot easier to work things out in case of problems. Besides, most eBay items are SOLD AS-IS and does not accept returns.

    For those reasons alone, the price of the stuff in our FM is well worth considering.
    Trying out Different Audio Cables is a Religious Affair. You don't discuss it with anyone. :redface::biggrin:
  • heiney9
    heiney9 Posts: 25,197
    edited September 2009
    No one says you even have to give a good deal in the forum. It's nice if someone thru goodwill can offer a nice piece lower than typical market value. The issue at hand is buying at nice low price and then turning around and flipping it for a huge profit.

    I understand not everyone can afford to be generous when they are selling something. If the price is way too high it will just sit in the FM. The issue is buying low and then selling high somewhere else within a week or two. Some of you are forgetting the issue and introducing tangents that are outside the scope of this thread.

    Ok, we've beaten this death......I'm pretty much done.

    H9
    "Appreciation of audio is a completely subjective human experience. Measurements can provide a measure of insight, but are no substitute for human judgment. Why are we looking to reduce a subjective experience to objective criteria anyway? The subtleties of music and audio reproduction are for those who appreciate it. Differentiation by numbers is for those who do not".--Nelson Pass Pass Labs XA25 | EE Avant Pre | EE Mini Max Supreme DAC | MIT Shotgun S1 | Pangea AC14SE MKII | Legend L600 | BlueSound Node 3 - Tubes add soul!
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