This post started from a conversation with 2 of my best friends. One was passing along information on a guitar for sale. In short, the seller was asking retail price or more for his used gear.
![Will Smith saying come on, man.](https://i0.wp.com/brentpassmore.com/wp-content/uploads/2024/01/come-on-man.gif?resize=480%2C251&ssl=1)
The price is the price?
One way to determine the price of gear is to search Reverb. Folks fail when they see a price and think:
This is how much my guitar is worth!
Easy peasy, right? Right? Right?
![](https://i0.wp.com/brentpassmore.com/wp-content/uploads/2024/01/wrong-wrong.gif?resize=300%2C201&ssl=1)
Stop looking at Reverb and thinking the price is the price. It’s not.
How to find the price of your gear.
Step 1
Search Reverb for the item you’re wanting to sell.
![Reverb.com search results for a Lucky Dog guitar.](https://i0.wp.com/brentpassmore.com/wp-content/uploads/2024/01/ReverbPricing001.png?resize=2216%2C1558&ssl=1)
Step 2
Filter your search to show only sold items.
![Reverb.com screenshot showing the sold listings search filter checked.](https://i0.wp.com/brentpassmore.com/wp-content/uploads/2024/01/ReverbPricing002.png?resize=1024%2C614&ssl=1)
Step 3
Sort the results so that you see the most recent sales first. This gives you a better idea of the current value of your item.
![Reverb.com screenshot showing search results sorted by most recent sales.](https://i0.wp.com/brentpassmore.com/wp-content/uploads/2024/01/ReverbPricing003.png?resize=1024%2C466&ssl=1)
Step 4
Do the math.
Reverb says their pricing is straightforward.
![Man counting on his fingers.](https://i0.wp.com/brentpassmore.com/wp-content/uploads/2024/01/math-is-hard.gif?resize=480%2C268&ssl=1)
Math makes my head hurt so I just take 10 to 15% off the sold price.
If the seller offered free shipping, also subtract that from the sold price. For a guitar, subtract an additional $80 or more.
The result is a good estimate of what your selling price should be.
![Dennis Rodman holding a dollar bill.](https://i0.wp.com/brentpassmore.com/wp-content/uploads/2024/01/cha-ching.gif?resize=480%2C270&ssl=1)
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