Reverb's Price Suggestions
Has anyone else noticed that Reverb’s price suggestions seem wildly disconnected from actual market value lately?
I understand they’re probably AI/algorithm driven based on previous sales, but the system seems to completely ignore major value factors like:
- Condition differences
- Included hard cases
- Professional setups/service
- Vintage vs reissue distinctions
- Country of manufacture
- Upgraded pickups/electronics
- Rarity/limited production runs
For example, a guitar in “Good” condition with no case gets lumped into the same pricing logic as a professionally serviced Excellent-condition example with an OEM hard case included.
As a shop, it creates a weird situation where accurately priced instruments sometimes appear “overpriced” simply because the algorithm seems to average everything together.
I actually like the idea of pricing guidance, but Reverb really needs a more nuanced system — maybe weighting condition, included accessories, and seller notes more heavily, or at least separating “with case” vs “no case” comps.
Curious if other sellers are seeing the same thing.