How low do you have to go for it to be considered lowballing? (w/ poll)

[notfred]

See poll: what do you consider to be a lowball offer.

 

[BigJ]

20% below asking price on smaller items. Usually I price my items on FS/FT pretty damn well, but when I ask $50 for an item and they offer $40 I don't even bother responding

If it's a larger item, > 10% off is lowballing.

 

[tm37]

I respond to everyone.

I had had quite a few people tell me they can buy the laptop I am selling for $500

I ask them where because I would like to buy a couple.

 

[mugs]

I guess it depends on how well they price their items.

 

[BurnItDwn]

Depends on teh asking price ...

If the asking price is basicly the normal going price for the item, then anything more than 20% is lowballing ....

If someones asking more for something used, then it costs to buy new, then you can go more then 20% down without lowballing ....

If someones asking a lot less then the going rate, and/or they say "firm" anywhere in the post, then I'd say it may be safe to go 10%, but I wouldn't suggest it ....

 

[notfred]

Originally posted by: BigJ
20% below asking price on smaller items. Usually I price my items on FS/FT pretty damn well, but when I ask $50 for an item and they offer $40 I don't even bother responding

If it's a larger item, > 10% off is lowballing.

You really think it's lowballing if you offer a laptop for sale for $1000 and someone offers you $890 for it? Why not just put "FIRM" in all your prices then, since you really don't seem to want to deal at all.

 

[shilala]

I like haggling. If I come out of the gate and offer what someone is asking, it's because I don't have time to haggle.
I just bought a Blockbuster card at FS/T and only managed to drive the seller down $.02. Literally. It was fun, he was cool, and we're both happy.
I'm not upset regardless of how low someone makes an offer. I'll just counter with something else. We go back and forth until someone moves.
I do wonder why someone would lowball at $700 for a $1000 item and not counter offer a reasonable counter.
I suppose it's genetic.

 

[BigJ]

Originally posted by: notfred

Originally posted by: BigJ
20% below asking price on smaller items. Usually I price my items on FS/FT pretty damn well, but when I ask $50 for an item and they offer $40 I don't even bother responding

If it's a larger item, > 10% off is lowballing.

You really think it's lowballing if you offer a laptop for sale for $1000 and someone offers you $890 for it? Why not just put "FIRM" in all your prices then, since you really don't seem to want to deal at all.

I really don't try to get more money than I should on stuff that I sell. I want to sell it almost as quickly as possible, and it's usually a pretty good deal for the buyer.

If I put up a laptop for sale for $1,000, you better believe it's pretty much worth every bit of that $1,000. Maybe I'll wind up selling it to a person that offers $925-$950, especially if they have good heat and have a good standing in the community.

Depending on how badly I need the money and how long it's been for sale, I may take that $890, but there's a very good chance it's not happening.

 

[olds]

Originally posted by: mugs
I guess it depends on how well they price their items.

 

[notfred]

Originally posted by: BigJ

Originally posted by: notfred

Originally posted by: BigJ
20% below asking price on smaller items. Usually I price my items on FS/FT pretty damn well, but when I ask $50 for an item and they offer $40 I don't even bother responding

If it's a larger item, > 10% off is lowballing.

You really think it's lowballing if you offer a laptop for sale for $1000 and someone offers you $890 for it? Why not just put "FIRM" in all your prices then, since you really don't seem to want to deal at all.

I really don't try to get more money than I should on stuff that I sell. I want to sell it almost as quickly as possible, and it's usually a pretty good deal for the buyer.

If I put up a laptop for sale for $1,000, you better believe it's pretty much worth every bit of that $1,000. Maybe I'll wind up selling it to a person that offers $925-$950, especially if they have good heat and have a good standing in the community.

Depending on how badly I need the money and how long it's been for sale, I may take that $890, but there's a very good chance it's not happening.

Just because you won't take the offer doesn't mean it was a lowball offer.