When do YOU cut your losses?

I used to believe that everything would eventually sell, given enough time, if it's priced correctly. I  came across a great deal about 4 months ago. It was four identical oak king size headboards with posts and two twin size oak kids beds. Paid $20 for the lot. Finally sold the kids beds for $30. I have the headboards priced ridiculously cheap. Had several calls, but no bites yet. These things take up a pretty good amount of space in my storage shed so I really want them gone. Even considered giving them away to free up space. Anyone else had hard to sell items? If so, when do you cut your losses?

Ironically, the other beds ended up selling the day after I posted this. Made a $60 profit. I asked the guy who bought the beds what he was planning on doing with them (there were 4 identical king size headboards) and he replied "I don't know, something just told me to come buy them."

That is kind of freaky what the buyer told you about his purchase. Well, I guess it was just your "luck" that told him to do so. Nevertheless, as for me, I would often wait 3 months if I really need to clear that storage shed. If I just need to get rid of it but not anytime soon, then a year seems fine. It really depends on your situation I guess. I would not cut back on my losses too soon if I do not need that space though.

It depends on how much I have invested, if the unit the item came from is all ready in profit, & whats the most the item will realistically bring compared to how much storage space it takes up. A standard piece of furniture that wont bring $50 or more is gone after the first run through the flea market. The more space it takes up, the more inclined I am to chit'can it.

I would analyze my current situation and decide if I really need the money or do I really need the space? If I need to clear the space and room as soon as possible, then I wouldn't mind to cut back on my losses. I wouldn't mind even if I get just a few bucks as long as I have the space that I really need which is my main intention of the sale afterall.