I am not trying to convince you to not buy the bow I am just trying to give you a little info. I don't want to see you overpay is all.
My local pro shop sells the "bare" bow for 319.99 04 Hoyt ultra sport. (Acorn Archery in New Castle PA) That price includes a pro shop set up.
What I am trying to say is he is charging you $180 for a sight and rest.
For $500 you should be getting the bow, sights, quiver, rest, stabilizer, a release and possibly a half dozen arrows.
Asking price is $500. Is that a good price? This will be my first bow and I really don't know what most bows go for in prices, and I don't want to be getting ripped off.
My answer is no its not a good price, you would be getting ripped off. JMHO!!