What qualifies a "low baller"


I see this often, but when is a bid fit that category?
30%, 40%, 50% off the offered price?
umaasa
No set rules for me, but I don't humor buyers when the offer 20% or less then asking price. Guess I don't deal with that sort of thing to well :) Though once I made an offer on something that was for sale after talking to the fellow for a few days, and it was super low- more like a joke- but he accepted it! I was shocked, almost felt bad too. Answering the question at hand low baller comes into play when the deal is only beneficial to the buyer and seems to be screwing the seller- ie not fair market value. ~Tim
some of these guys are resellers looking to pick up your component very cheaply so they can resell elsewhere at a profit. While their offers are indeed insulting at times, I'll normally politely respond "your offer may be considered if no others are received within a reasonable time, meanwhile please consider a more reasonable offer". So far though I haven't taken any of them, as a legitimate buyer has eventually surfaced every time.
I used to be bothered by bottom feeders but I have come to enjoy the humor and creativity that many evince when forewarding an offer that is truly incredible. Many seem to be lonely and more interested in correspondence than in actually buying anything; some try to use the presumptive close like the one who e-mailed me last week: "What is your best price, I don't have time to haggle and kind of wanted to try your Dyna ST-70 Series 2. When can you ship it?" Excuse me, isn't asking for a best price haggleing?Apparently not on planet Audiogon. Bottom feeders as entertainment.
I too try to price fairly, and when these offers come in I am usually already corresponding with qualified buyers who understand value. But ya gotta laugh to keep from cryin'.
I agree with Ozfly and Tireguy that there is no specific
deffinition for low-ball offers. If I feel I have priced an
item fairly - considering condition and what similar items
are being listed at - and I receive an offer say 15% or more
below my asking price, I do consider that a low ball offer.
I rarely consider such offers, as in most cases the item I
have for sale has already been replaced with a better item.
And since I buy all my equipment for cash; I'm usually in
no big hurry to unload anything.
I've also had a number of truly low-ball offers from
dealers who are obviously looking to get some nice gear at
cut-rate prices. I have no problem letting them know they
can get it at their price when hell freezes over!
I think some of the posters need to lighten up . Remember for most of us this is for fun. The Value or selling price of an item is subject to many variables including buyer and sellers motavation. Are they in a hurry to buy or sell? Are there 6 of this item for sale this week? Is the piece mint or flawed? Is the piece out dated ? I am not offended by a low ball offer. If you write firm then don't respond . I like to be curtious and respectivly decline offers that are below my needs and wait for a better offer ! Sometimes the "new" piece is already on its way so I may be inclined to move a piece faster. I am very thankful that places like Audiogon and others exsist, they have helped me grow my system to near State of the Art on a Beer budget.