What is "low ball"

Seller sets the price. No offers. It's the sellers that buy something they can't afford to keep that help out the bottom feeders, as long as the price is fair, especially if the item has always been handled with gloves and treated with the utmost care. If a buyer doesn't like a price, they can pay retail.

I don't use the make offer option any more because of all the bottom feeders that want to offer 1/3 of the asking price. Any comments that disagree with lowballers = bottom feeders must be offended because they are guilty of it. I have always gave asking price and never asked for anything less.

Come on guys, you know what a lowball offer is.

" I'm thinking less than 75% of asking price is where "low ball" kicks in....."

Really? Geesh

Apparently Elizabeth has never used audiogon to sell anything. Her stance is ridiculous.
Jaxwired

You are only half right as Elizabeth has sold items. ;)

I agree with the first poster in that it depends on the asking price and how realistic the asking price is. I just sold an item which I listed for $650 OBO. I received three offers, $400 (lowball), $550 and $600. I accepted the $600 offer as that was my target. Unfortunately, with the new system I could not communicate with the other potential buyers once the offer was accepted. Oh yeah, the item sold the day it was listed.

Ah, one of the eternal questions; quite a few past threads on this.

As everyone is noting, this is pretty subjective, but I'm quite sure that 75% is too high for the lowball line; for example, pristine dealer demos, b-stock, or just sale items often come in with markdowns more than 25%, with warranty. I think it pretty reasonable to look for 60% of msrp for used electronics, and sometimes less for hard to ship speakers.

I've both bought and sold for 60% with no cries of lowballing, but this may be due the fact that I tend to ignore adds with things like "lowballers will be politely ignored," "no tirekickers," etc, because I prefer not to trade with people who initiate transactions by insulting potential buyers. If the seller has a firm limit, they should say so. If the seller doesn't want to list a firm price (thus leaving wiggle room in order to maximize their return), they should entertain offers.

Just my 2c. Takes all kinds.

John