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Old 04-24-2014, 05:29 PM
drktmplr12 drktmplr12 is offline
Sarnak

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Join Date: Feb 2012
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Quote:
Originally Posted by Yonkec [You must be logged in to view images. Log in or Register.]
One day you will realize that you are not god. Items are not worth what you think they are worth, they are worth what the highest bidder will give you. You either take the best offer you can find, or you can sit on the item until the sun burns out. The rest of this discussion is just us throwing poo.
Fair market value (FMV) is an estimate of the market value of property, based on what a knowledgeable, willing, and unpressured buyer would probably pay to a knowledgeable, willing, and unpressured seller in the market.

Items are not simply worth what a buyer is willing to pay as you are suggesting.

They are also not worth what the auctioneer is willing to sell it for.

They are worth exactly the amount at the intersection where buyer and seller are willing to accept the amount.... markets are not one sided.

Also, I'm pretty sure he isn't claiming to be god by stating: I don't feel the need to negotiate my already fair price.
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