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Tiki Central / Collecting Tiki / Value of Witco Fountain?

Post #56425 by SugarCaddyDaddy on Wed, Oct 22, 2003 9:43 PM

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Whoa Jax! Hold on a sec....

Personally, I'd never start with $500 right off the top. Ask them (without being overly enthusiastic...and hopefully you haven't been already): "What amount would you feel comfortable selling it for?". Let THEM give you a price. Don't give up if they say "I don't know" the first couple of times. If for some reason, they absolutely won't give you a price and want YOU to come up with a price, then say (in a "Wally from 'Leave it to Beaver" way): "Gee, I dunno...$200?" Then, if they immediately respond back with "No way!" or the like, then, in their mind they DO have a price, and then let them tell YOU what they want. If they think about it for a minute without an immediate negative response, then you are in the ball park with a price they are comfortable with. If they say $300, then it's your call on either taking it, or you can really press it and say "hmmm....is that the absolute final price or would you meet me 1/2 way and take $250?". Negotiate slowly. Make sure it's just you and the person without a bunch of people around. You don't want the seller there thinking in their head "yeah, $200 is good", and then have their friend blurt out "Geez, no way, you could get more", even if the "friend" has no idea as to what it's worth. The seller will then, most likely, go with what their friend says, and will hold out for more. Just make sure it's you two there. Keep $200 in one pocket, $300 in the other...and have your truck ready to take it right then! If he gets you up to the $500 price from your original $200 offer, then he'll feel like the big negotiator. If he takes the $200, then you've got a great deal, and remember it's a price HE/SHE feels comfortable with.

Sounds funny, almost stupid, the way I have it here in written form, but believe me, it works. I've done it many a time. Although, I must admit, I have had lots of practice in many negotiations and (caution: bragging ahead-->) I do have some finesse in negotiating. Just stay cool about it. Of course, now I can NEVER do it to any TC'er! (HA!)

Just my 2 coconuts worth.

Good Luck!

P.S. Gecko would still be paying a good price at $1000 for an original Witco Fountain at 8 feet in height with the 3-stage waterfall...of course, depending on it's condition.