Why don't people understand this?

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Steveo McNello

Plecostomus
MFK Member
Dec 30, 2010
2,009
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SW Burbs of Chicago
Over any given time frame of let's say, a few weeks, a fish is only worth your highest offer.

Nobody can buy your 30" RTC or your 16" pacu because nobody can house them without A) spending thousands on a new tank, or B) drastically changing their current stock.

Is it worth it to buy 6 fish at $30 a piece, in hopes to get $40-45 out of them, but you have to keep them for 3+ months?

Of course not. Not unless you're selling mass quantities. Take the small hit and sell your fish to someone who wants to give them good homes and care for them.

If your 16" pacu you have listed for $75 on your thread you've bumped 25 times since last year only gets an offer of $50. Guess what? That's all it's worth.

This isn't out of spite, just a simple MFK observation.

Thoughts?


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oneyedfish said:
That's life. Something is only worth what someone else is willing to pay.
Click to expand...

This. I find it funny when people demand an absurd amount of money for things based on what *they* think it's worth, because of all the time and money they put into said item. It's only ever worth the average price people are willing to pay.
 
same here, why would they price up crazy prices for the hobby of theirs passing on to someone.
 
I guess in a way people probably think i've invested "x" amount of time and money to grow out said fish so i want more money...

But at the same time these people tend not to realize only certain fish are worth more money as they grow due to that species reasons... While others are worth much less...


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Why don't people understand that an item will only be sold when the price is acceptable to both buyer and seller. Seller wants too much so item doesn't sell...or maybe it does. There's a sucker born every minute.

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A friend of mine was looking to buy a house and found one she loved. Unfortunately as we (she, me and her agent) looked at the comps, we saw that it was about $70K over priced. Then we saw that the same owner had put it up for sale literally a dozen times in the past 4 years.

Some people aren't really trying to sell something. They're asking for a lot more than the market because they hope someone bites. As long as it costs little to ask, they lose nothing. Motivated sellers who aren't dumb will adjust the price once they recognize they are above the market.
 
most people who only collect common fish have tanks that are between 10 - 55 gallon tanks. that is the vast majority of hobbiest. If you want to make money growing fish you have to buy baby rare fish like black arrowanas, discus, stingrays, piranhas, ornamental goldfish, koi, flowerhorns,,,,, when you grow them out to a nice size there is always someone who will spend the little extra to get it. the die hard collectors dont mind spending more money because they dont worry about that fish dying. they look at it as an investment. you have to invest a little more money to make more money easier.
theres my 2 cents for what its worth. (:

or am i wrong?
 
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