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


I LOVE Audiogon. I have purchased and sold many items here and it is a wonderful resource for audio nuts of every variety. Big solid state, tubes, analog, vinyl? Sure it all goes.

So I see posts that are make offer but the seller says "lowballers" will be ignored, vilified, cursed and cussed. So why have a make offer sale? Something is worth what someone is willing to pay for it. It doesn't matter what you paid for it, or how much you love it. And why be upset? Declining requires one mouse click. Countering maybe five or six clicks or keystrokes. Just curious as this is a commerce site.

I have received offers that seemed really low to me, but I am still happy to have interest and I always counter offer. I recently sold a Clearaudio TT for a lot less than I thought it was worth. But all the offers were low and I had to rethink my view. It ultimately sold as a real bargin but I'm happy and so is the buyer.

Your thoughts?
superbike

Showing 15 responses by orelayer

"Lowballers are bums" I don't get it. Seriously, what is a lowball offer to you? Less 10%, 20%....? What defines a lowball offer?
Is offering a lower than asked amount offensive to you?
This lowball issue is very interesting to me and have yet to have anybody define what exactly a "lowball offer" is.
I have heard a lowball offer is substantially less but that is up to interpretation. So, someone please tell what defines a lowball offer!
What do you consider "a little less?" If you define lowballers as bums then you must define what a lowball offer is.
Do you pay the sticker price for a car?
I would say that when people make offers whether you call it a lowball offer or not they are just letting the seller know how much they are willing to spend. Just like you do at the car dealership.
Maybe your self worth is tied into your HiFi gear so offering less than what you are asking impacts how you feel about yourself....makes sense
Sebrof,
Your comment about financially well off people is spot on.
As for Polk432, you take low offes WAY to personal and that is evident by your comment about not caving in. You are also WAY off base with your comment about people lowballing (your definition) because they don't have the means...really. If you would rather spend $1000 for an item than pay $800 for it, well thats just.....silly.
Also, what does "deserving" have to to with dollars? Using your logic people that can't afford food don't deserve food. All I can say is wow..........
Polk432
If this forum is as you call it, a "joke", Why do you bother to respond? BTW what does retiring at 49 have to do with anything here? If you have the time to post on this "silly blog" maybe you should go back to work!?
Zydo,
You have wasted more time commenting on this issue than you would have ignoring 100 "lowball" offers.
Polk432
"People that can't afford food are not on this site"....you my friend are a genius!
Polk432,
Your analogy regarding gas etc is way off base. Audiogon is not a retail store or any type of store for that matter. It is a forum to connect buyers and sellers "There are plenty of buyers that understand the difference between buy it now, auction, and make offer". Who is debating that?
"Find a complaint on here or ebay as far as feedback goes from a buyer or a seller". Not sure what that has to do with anything regarding this subject...? Quite frankly you really don't have many transaction on this site
Zydo,
I am in total agreement with your post. The problem arises when you try to define a lowball offer. Take Polk432 for example, to him making an offer of 8-10% less than asking price is "lowballing" My offers usually start at 25-30% less than asking price and work up from there. I consider it the art of negotiating.
Polk432,
What makes you think I do not "have the means?"
"Orelayer, compared to you I am a Genius" Do you walk sideways through doors?
Polk432,
I have 665 transactions on ebay without a complaint and 40 on this site....big deal. What does that prove? Using your logic, it means "I know how to deal fairly with good people and not let a lowballer take advantage of me." Whah...that bum offered me to little! He must be out to rip me off. That bad man is trying to take advantage of poor little me.
Polk432
"If you had the means you wouldn't lowball." That is by your definition of lowball and so wrong on so many levels.
You keep bringing up "buy it now" offers.. Why? Who is talking about that? You probably could get ahead of me in a revolving door...only you would be going in the wrong direction.
"Get well soon Orelayer" Thats the best you got?
Please explain why making a low offer is trying to cheat someone? People know what their gear is worth. If sellers want to sell for less you call that cheating someone? You seem to have an issue with thinking people are out to get you. It is a common theme in your posts regarding this issue
Dear Polk432,
How sad you are. All you do is talk about yourself and try to defend yourself. I am just talking about the issue of "lowballing".. Retiring at 49 means ABSOLUTELY nothing. Why do insist on making this about you? Did you retire at 49 so you could live in your parents basement?
BTW Your sophomoric attempts at humor failed.
"You seem to have a big problem paying a fair price for things, and seem to have self entitlement issues. See a doctor. Maybe you can lowball him for his charges. Get well soon."
Polk432,
I do not really care about your transactions. YOU DON"T SEEM TO GET IT!!
You have NO idea what I pay for things... Your attempts at justifying your contempt towards "lowballers" is amusing.
Nobody is telling you how or who to sell your precious gear.
My IQ has dropped significantly since this debate started with you so... goodbye, good luck and I hope your understanding of the written word takes a turn for the better...although I doubt it.