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
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).
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).