Anyone else receive low offers right away ?


Seem like everytime i list something for sale i get offers within the first hour . They are hundreds less than asking price . Are people looking for flipping oppertunities here or what ? so annoying .
maplegrovemusic

Showing 2 responses by crwindy

There is also a cultural aspect to trading.
New Englanders tend to want to get their asking price.
As a New Yorker, the asking price is a starting point for negotiation. This is not disrespectful, but cultural.
I once was looking at a house in New England, and the owners would not budge on the price. A month later I got a call from the realtor saying that they had lowered their price. I made another offer, and the realtor said 'why are you doing that, they just lowered their price.'
I replied that they just gave me a new starting point.
We finally reached a deal.
If they had negotiated from their original price, I would have paid more.
Some people just won't pay retail even if that means the asking price on Audiogon.
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Sellers are also being ridiculous. I have seen a few amplifiers that didn't sell. When they were re-listed, the asking price was higher rather than lower than the original. A rational person would then offer a percent off the ORIGINAL asking price.
Do these sellers think we are stupid and don't do our homework??? Even with an expired listing, you can find the original by doing a google search.