The issue of lowballing... What does that mean?

Sorry if this is a dupe posting to this thread. I'm trying to get this out there as I'm tired of getting hit with lowballers.

FYI

Audiogon has now defined lowball offers to be 55%.

I don’t know if you all saw this but I got an e-mail from A’gon stating they have a new feature in place to hinder insane lowball offers.

After you log in go to your Account and select Edit Account. Then scroll down in the Policies section there is a check box to automatically reject lowball offers.


Policies

Lowball offers

Automatically reject offers below 55% of your asking price.

I wish this could be user specific. I would have set this to 45% off of listing price for my tastes but it is a start for Audiogon. I hope this button works and deters the stupidity of the lowball offers some people send.

Thanks

Hi Mechans,

I read the new functionality as offers of 55% below your listing price will automatically be declined. For me I have to get better at the games some buyers will play. I get thin skinned sometimes because I really try to list what I'm selling at a fair MV prices. Then I get these really low offers that I interpret as a slap in the face. It is an issue I have to deal with. As I'm back to selling more now I'm getting used to the low offering process and have to let them slide.

Here is an example of what I've been dealing with. I was selling Shunyata Venom 3 power cords at around $90 per cable plus shipping. The $90 price was in the range of comparable Venom 3 cables that had recently sold on Ebay's sold listings search query. I kept getting offers for $35 to $40 per cable. I guess I was expecting more professionalism from the enthusiasts. 
Whenever I've purchased an item here I'll always make what I believe is a fair offer based on recent completed sales not what I feel I should pay.

I will have to start adding the wording that Ziff says. Pricing is firm.

Thanks again.

IMO I think there is a generation that has the mentality of "The worst they can say is No." so they will just ask away without any care in the world. Then there are the jaded folk who lost money on their gear and now won’t ever pay anything close to full price ever again.

As for ethnicity and lowballing. I have been lowballed by pretty much everyone through the years now that I think of it. Young, old, white, black, brown, yellow and everything in between. Lowballing isn’t based on skin color IMO. Also agree with the point above that there are a lot of different cultures where haggling and getting a deal is commonplace as well as not giving anyone a deal either. Well I'm beginning to toughen up again but still working on not getting as angry. I listed a $700 item on another site and the price was more than comparable to similar items and I get a serious offer of $100. Deleted the message and blocked the schmuck.

Thanks again everyone.