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Archive 2013 · Questions concerning possibly selling my 24-70II

jstntym
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p.1 #1 · p.1 #1 · Questions concerning possibly selling my 24-70II

I'm relatively an amateur photographer and often get caught up in first adopters fever. I purchased this lens new last year from One Call of which I had been on a pre-order list for some time until they started being sold here in the states. Already having a 17-40, 16-35II, 24-105 and the 100 macro, I figured this would be a great walk about lens, a one-time purchase. I found it to be light and compact just right for me. I too have a 70-200 f/4 IS that I bought instead of the f/2.8 because of the additional weight...I just can't carry the extra weight these days due to age/health. I snapped off less than 10 images, just enough to check the IQ of the lens. Being more familiar with the 24-105 I packed up the new lens and put it in the bag. I use honestly the 24-105 and my 100 macro almost exclusively. I've since had a health decline which has for the most part put all my photography on the back burner and currently just dealing with much more important issues these days..

Long story short, I'm not really trolling for buyers but would like some practical advice. If I do decide to sell this lens, having never sold anything here on FM, how do you give folks any assurances of my credibility without any feedback. I have 100% feedback on fleabay but I try not selling things there because of the higher fees. The lens is immaculate and have all the original packaging, box, warranty and my original receipt from One Call. Because of my health situation as of late, my wife and I decided to take a portion of my pension and do some things that we've been putting on hold for some time to enjoy some of the fruits of my hard labors, buying cars, fixing some outstanding house repairs, taking an overdue trip etc. Stuff just happens in life that you cannot recover as quickly as you'd like.

Since I already have a few good lenses to cover the focal lengths of the 24-70, I always thought that I would just let go of the 24-105 with this purchase. But honestly at this point even if the health issue would turn around, I don't use this lens at all anyway. I'm really not quite sure of what to do, or how to go about it if I did. Since I've no feedback here, what would you do to assure potential buyers...link to my fleabay feedback? Sell something else instead...perhaps another lens? I guess I'm just looking for advise if you were in my shoes. Stuff happens in life, I've no regrets, had a great life to this point and anything else would just be a bonus. Thanks!

Jul 18, 2013 at 12:05 PM

ggreene
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p.1 #2 · p.1 #2 · Questions concerning possibly selling my 24-70II

I think if you price it right, display good images of the lens, and explain your situation, you'll get interest in the lens. Follow that up with good communication with the prospective buyer and things will probably be fine. Canon currently has refurbished ones in stock for $1839 so you will probably have to be under that in price.

Jul 18, 2013 at 12:39 PM

Anoop Shah
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p.1 #3 · p.1 #3 · Questions concerning possibly selling my 24-70II

When I sold my first item here on FM I got real lucky. The buyer was experienced and very nice.

As for listing. I posted my fleabay ID the first couple of listings so people could look me up there. I offered what I thought was a "fair" return policy and having good quality pictures of the lens is important.

Do a bit of research to find a happy price for you as well as a fair price for the buyers. You'll get some lowball offers but most people will know what the lens is worth and you'll most likely find a happy medium.

Hope that helps. Hope your health turns around for the better.

Anoop

Jul 18, 2013 at 12:47 PM

Jo Dilbeck
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p.1 #4 · p.1 #4 · Questions concerning possibly selling my 24-70II

Everyone has to start somewhere! Complete and prompt communication, offering a 100% money back guarantee within 3 days of receipt if buyer unstatisfied for some reason, meeting in person if local, these are some things that will help. I personally did my first sale with a well established FM member and I shipped the lens prior to funds being sent ( I wouldn't do that with a new member). Also, talking over the phone with the potential buyer can be very helpful as well.

Good Luck with Sale, and take care of yourself!

Jo

Jul 18, 2013 at 12:52 PM

Gochugogi
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p.1 #5 · p.1 #5 · Questions concerning possibly selling my 24-70II

A few years back I sold my first few items quickly here on FM without any feedback. It's all about the right item selling for the right price. Besides, lots of buyers don't bother to leave feedback even if you ask them. I only have 28 feedbacks and yet have sold three times that over the years.

However, the B&S forum is a bit slow lately and is filled with stuff. You might get a faster sale after labor day.

Jul 18, 2013 at 01:07 PM

kezeka
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p.1 #6 · p.1 #6 · Questions concerning possibly selling my 24-70II

Jo Dilbeck wrote:
Everyone has to start somewhere! Complete and prompt communication, offering a 100% money back guarantee within 3 days of receipt if buyer unstatisfied for some reason, meeting in person if local, these are some things that will help. I personally did my first sale with a well established FM member and I shipped the lens prior to funds being sent ( I wouldn't do that with a new member). Also, talking over the phone with the potential buyer can be very helpful as well.

Good Luck with Sale, and take care of yourself!

Jo

I wouldn't even consider shipping to someone without funds even if they have all of the great responses the world could offer. Particularly with all of the scamming going on in the buy/sell forum due to the phishing emails lately that seem to target some of the users with the best ratings.

I always follow this checklist of sorts
1) Do they seem knowledgeable regarding the lens?
2) Is their writing of an appropriate level to indicate that they aren't scamming me? (Grammar should be excellent and so should spelling - I don't do business with people who aren't willing to at least put this bare minimum amount of effort into a response).
3) Make sure they give their full name. Run this through google and make sure it checks out. Run their email address through a google search to check and see if it is on any lists of spammers.
4) Responds to all emails/PMs within 24 hours
5) "joo joo" - If I have a bad feeling about the sale I back out. It is never worth losing $1000 to trust someone who I get bad vibes from.

It is a checklist stacked against the buyer but if a buyer fails any one of those things then I back out. The one time I forgave #2 I later backed out because the seller was the rudest person I have encountered on FM in the last few years.

If you want to make a larger profit on your lens I highly recommend putting an ad on craigslist - I have found that I make a significant more selling items there than on FM. A high profile lens like the 24-70 II should have decent odds of selling on craigslist!

Good luck with your sale and just play it safe, you should be fine.

Jul 18, 2013 at 05:27 PM

bin
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p.1 #7 · p.1 #7 · Questions concerning possibly selling my 24-70II

Try to sell it locally first and price it well.

Also to all those people saying refurb is priced $XXX, make sure you add tax to it. I see that BS all the time on the Buy/Sell board saying "refurb is only $XXX so I want it lower than that". Unless you live in sales tax free state, any refurb you buy from Canon - you will need to add tax so don't try to gloss that over because depending on the item's price, tax could be some chunk of money.

Jul 18, 2013 at 05:41 PM

jstntym
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p.1 #8 · p.1 #8 · Questions concerning possibly selling my 24-70II

Thanks all for the replies. Good advice should I choose to sell it here in the near future!

Jul 18, 2013 at 07:47 PM

TMaG82
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p.1 #9 · p.1 #9 · Questions concerning possibly selling my 24-70II

jstntym wrote:
Thanks all for the replies. Good advice should I choose to sell it here in the near future!

You got some great advice here from others. Just wanted to add

- I understand that your gear is very valuable to you, but also place a value on your time. I'm not saying accept low ball offers, but if its in the range you're looking for, taking a few dollars less may be worth it.

- I would advise against the gift option of PayPal. Either price the fee into your asking price, eat the 3%, or offer alternate means of payment.

- And lastly enjoy the time you have with your family. The time you have is precious and while no one knows how much time we all have left to spend with our loved ones, we all remember the good times we had.

Here's to a speedy recovery.

Jul 18, 2013 at 08:23 PM

twistedlim
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p.1 #10 · p.1 #10 · Questions concerning possibly selling my 24-70II

Stick with someone who has a lot of postitive feedback and you will be fine. As others have mentioned keep good communication with the prospective buyer.
I always look at the going rates and drop my price a tad and get good action. Say if a 35L is going for $1100 I would put my add at $1000 and it sells quickly and you will have a number of buyers to pick from. I do not answer lowball offers but will negotiate if someone is close. Just be up front and keep the lines of communication open.
Do you have a paypal account? If not get one. As mentioned, avoid paypal "gift" as there are no assurances for the buyer. Some may argue this point but I feel cutting corners can lead to problems down the line. Good luck with your sale!
Don't feel pressured to sell, take your time and you will find a buyer. As noted earlier you may even find a local buyer which is a great opportunity for both of you. FM'ers are everwhere!

Jul 19, 2013 at 05:48 AM

kevindar
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p.1 #11 · p.1 #11 · Questions concerning possibly selling my 24-70II

If you live in a big city, Craigslist is another option. You avoid shipping and transaction fees, the person checks the lens out, and you don't have to deal with people having buyers remorse. however, it can be a hassle to meet in person, and that's full of scammers also. as another said, it is also how much value you place on your time. the good news is that used camera equipment sells better than just about anything else used, in terms of keeping its value. Of course, you bought high by being an early adopter, but at 1850, you would be recapturing 80% of what you paid for it, and about 90% of what a new one can be had during rebates. If you look at it that way, and how much utility you will get from the money, you will not get as much hung up over a few dollars.

Jul 19, 2013 at 09:02 AM

ggreene
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p.1 #12 · p.1 #12 · Questions concerning possibly selling my 24-70II

If you can sell it for $1850 more power to you but I would think most people would rather pay Canon the $1840 for the refurb and get the warranty with it.

Jul 19, 2013 at 10:14 AM

kevindar
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p.1 #13 · p.1 #13 · Questions concerning possibly selling my 24-70II

tax kills canon refurb for many. I am in cali. its 10% here. If I lived in Oregon, then yes. come to think of it, I need to find a friend in Oregon to ship me stuff.

Jul 19, 2013 at 10:24 AM

onesickpuppy
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p.1 #14 · p.1 #14 · Questions concerning possibly selling my 24-70II

to the original poster....

first...you've been a member for some time...this will help establish credibility
second..on your first sale...place a paper with your user name next to the item for sale..this helps take away any disbelief of ownership
third...(my opinion) take the refurb cost...half of the sales tax of buyers state..and that would be a fair minimum price...plus shiping/PP fees.....AND NEVER DO GIFT!!!
forth....take your time....you have pointed out that your not really "hurting" but would like to move the item....don't jump at first offers....hold in there for your price...until you feel you have to give in

Sorry to hear of the health issues...we are all in the same boat...sooner or later we will face issues as we get older and begin to be susceptible to issues health wise.....hang in there and I applaud you on getting started at "living" some of the bucket list items...go for it while you can!!

Jul 19, 2013 at 12:12 PM

ggreene
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p.1 #15 · p.1 #15 · Questions concerning possibly selling my 24-70II

kevindar wrote:
tax kills canon refurb for many. I am in cali. its 10% here. If I lived in Oregon, then yes. come to think of it, I need to find a friend in Oregon to ship me stuff.

Ah yes, spoiled by living in NH.

Jul 19, 2013 at 02:39 PM

jstntym
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p.1 #16 · p.1 #16 · Questions concerning possibly selling my 24-70II

Sorry for digging this back up folks. I've given it some slow and careful thought and most likely will be snapping off a few images and joining the buy and sell option. I only have a question referred to as "Paypal Gift"...I do have a Paypal account from being on fleabay for several years but not at all familiar with this gift thing. Can somebody explain why it isn't too beneficial to putting this in the ad? I see a few ads with this gift option offered. I am however familiar with the % taken by Paypal whether I like it or not it's the price paid to use this service. I just cannot take the big hit from fleabay fees selling this lens. I will be able to snap some images, nothing fancy with the lightbox, if more needed I can use the 100 macro and snap some close-ups. I will add my user id on a piece of paper...I was actually thinking of using my original One Call receipt and write my id on to it in the image. Will offer a few days to check the lens with return. And completely encourage a face to face here in Miami, I'd actually feel better about this kind of transaction, better for us both. I'll include my fleabay link to my feedback which is 100%..

Can't think of anything else at the moment, just the Paypal "gift" option question? And again thanks for the great advice as it's helped with giving the greenlight to do this. And my price will be slightly under those that were mentioned in this thread for those who feel the refirb is the way to go. I just cannot take a huge hit seeing that I paid full price (my fault) and the super mint condition it's in. Additionally I'll be offering a discount to do a face to face transaction as shipping won't be needed in the price and this method is preferred..Thanks again!

One more thing..I've the unsigned US warranty card to be included also. Won't Canon repair this lens if something in the future happens to it with the new owner?

Jul 30, 2013 at 09:40 AM

Anoop Shah
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p.1 #17 · p.1 #17 · Questions concerning possibly selling my 24-70II

I'm not a fan of the Paypal Gift option. I don't understand why buyers would do this to save 3%.

As a buyer you lose all safety nets when you send the money as a "gift". If the seller does not send you the item they have no recourse. In Paypal's eyes you sent a gift expecting nothing in return - there can be no complaints associated with it.

As a seller I feel awkward asking for money for the "protection" of the transaction... Give me 3% more so you know I won't just take your money and run.

Price it with the fees included. There will be negotiations so eventually the price will balance out.

Anoop

Jul 30, 2013 at 12:06 PM

jstntym
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p.1 #18 · p.1 #18 · Questions concerning possibly selling my 24-70II

Thanks for the explanation Anoop, I appreciate it!

Jul 30, 2013 at 01:26 PM

mitesh
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p.1 #19 · p.1 #19 · Questions concerning possibly selling my 24-70II

A lot of scams originate from the "gift" payment option. There are quite a few threads on this site about some of those scams - see this thread for a recent example. As a seller, you can be scammed by receiving a gift payment.

With regard to the warranty card, go ahead and include it since you have it, but know that the dated sales receipt is what will establish warranty status. Canon warranties do not transfer on sale, FYI. Good luck with your sale.

Jul 30, 2013 at 01:36 PM

Kid5240
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p.1 #20 · p.1 #20 · Questions concerning possibly selling my 24-70II

interested if you are ready. Pmed.

Jul 30, 2013 at 01:59 PM

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