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 1 response by jaxwired

Apparently Elizabeth has never used audiogon to sell anything. Her stance is ridiculous.

If a person says "no lowball" and also allows the "make offer" button, they are clearly willing to accept less than their asking price. It's just not clear what is too low.

When I sell, I usually price below the going rate and do not allow the "make offer" button. So I clearly communicate my bottom line. But many sellers prefer the "start high and take offers" approach. Which is fine with me, but then they add this "no lowball" thing which requires the buyers to guess what that means.

And then you have people that won't respond to your offer if they deem it below this unnamed low ball line. That's really offensive. How is the buyer suppose to know you would deem the offer beneath your dignity to even reply to?