What is "low ball"


A lot of ads say something to the effect "no lowballers please". So I'm curious what people think is "lowball".

I'm looking for a percentage from people. I'm thinking less than 75% of asking price is where "low ball" kicks in, but I'm interested in what the general consensus is (if there is one).
jaxwired

Showing 2 responses by cyclonicman

In many cases, it's subjective but overall, I think lowballing is when a buyer offers a price for a product that because it is so far below the current market value, it is actually kind of insulting to the seller. The flip side is that some sellers are so out of touch with their asking prices that maybe we should call them highballers. LOL
Herman, if you are referring to my post, I myself am not offended by any offers of items I have sold in the past. Like another poster mentioned, some of these offers are so ridiculous, you just have to laugh. I was recounting an episode that happened to me when I was making an $1100 offer on speaker cables and the seller was asking for $1200. The seller was upset and let me know about it. Apparently an 8% reduction was a big thing to him. As a buyer, I have never asked the seller to pay for shipping and have even haggled over the Pay Pal fees which many sellers pass to the buyer. As a seller, I did not ask for the buyer to pay the Pay Pal fees, only the shipping cost.