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
Look at the shape of the entire country. Most don't realize how much sacrifice it takes to have nice things, and are not going to deny themselves anything since they seem to think that people that have nice things had them handed to them. I'm all for a good deal, but I'll destroy something first or donate it to the needy before caving in to bottom feeders. Even though I retired early, there will be lots of things I won't be able to have, and I really don't care. I did without a new car till I was 44 and had no credit card till I was 45. Maybe it worked out for the better.
I'm all for a good deal, but I'll destroy something first or donate it to the needy before caving in to bottom feeders.

I'm needy, what ya got?
I said needy not greedy! Unempolyment, food stamps, and welfare (for those 88% that don't need it) get a crystal radio. Get a haircut and get real job, and maybe get a tube crystal radio instead of ss.
If you offer less than the selling price and don't get a reply, take the hint.
If you offer less than the selling price and don't get a reply, take the hint.
Polk432
Hell, I've offered asking price and not received an answer more than once.

I was called a lowballer by a seller once. My offer was asking price but stipulated seller pay shipping and absorb paypal fees. The item was marked OBO. Maybe he thought best offer would be more than his asking price.
It takes all kinds. Some think OBO means or best over. Go figure. Some people are still trying to figure out how to follow someone into a revolving door and come out ahead of them.
Just think of how much good this blog will do lowballers when they try to show their bosses this blog trying to get paid more. Even if they get a raise (which I doubt) they'll still find an excuse to lowball. How can their bosses be so cruel?
Polk432 is my new hero!

Mine too! I think he should replace Newt "Let's put Tiffany's franchises on the moon" Gingrich as the Un-Romney!
I don't like any of um. Just think of how bad they'd try to lowball us on agon? And with the taxpayers money too. Maybe all of Greenspans screw ups were to intentionally force us to go back to the gold standard!? Something that actually backs money. I guess responsibility by our Government is too much to wish for.
I got this email regarding a pair of cables I'm selling. Not low ball but worse in my opinion. Looks like phishing:

Good Morning, Thanks for your response to my mail, I hope it is in good condition like it stated because I have taken a close look at the advert and am completely satisfied, . I'll want you to remove the advert from web and consider this item is sold to me, I'll be paying via Certified check and the check will deliver to you in next two days .So i want to be the best offer by adding $50 to your money and i hope you will keep this item for me Your Full Name: Contact Physical Address not p.o box: City and State with Zip Code: Cell phone number: amount: I will like you to know that you will not be responsible for shipping i will have my mover to come over as soon as you have the check,and i will get back to you once my secretary made the payment out to you.(Pls send your reply to (left his secretary's email) Thanks

Dicey? or am I over reacting to this one? Buyer has 0 feedback.
I wouldn't ship the item until the check clears at least 30 days (in case it's a phoney ) this way you'll still have your item. Don't ship until you cash the check. Even a money order can be reversed if a person pays for it by check and not cash. Be careful. Have you got the all of the buyers info? I'm just sayin'..............
I don't see anything fishy at all. I'd give him all the personal information he wants to know and throw in my PayPal password just in case he might need that as he was ripping me off.
Just make sure your bank can process checks FROM NIGERIA!
I didn't engage him at all. Just too many oddities in a generic email. Offering $50 more and telling me to cancel the ad. Having his mover pick it up? Just seems like someone looking to cause trouble. Will his mover need my social?

In regards to low balling, if the buyer has a decent price but says B/O, I think it's fair to ask them to include shipping or to go for 5-10% less.

I've listed nice gear in the $4k range that sold in hours with a few $1500 offers in there. Wishful thinking, but I also think that some of these people are just looking for interaction. Maybe they don't get out much.
Classic scam to procure your personal information. Do not even respond to it.
Yes, yet another of the classic scam formats, and a great opportunity for you to relinquish a barrage of creative expletives you've been reserving for your final day of employment.
Many prices listed by Sellers on Gon are absurdly high, for used stuff - especially cartridges or tubes "with only 200 hours" on them - with no warranty or realistic return option, and considerable legal risk. You see the same things which haven't sold listed repeatedly with only trivial reductions in the asking price. This is a tiny market, the offerer may suspect that there may be few if any potential buyers for old, obscure gear, and it is not uncommon to get no offers at all. A buyer has almost no legal recourse (sue in another state? get real) on a bad deal, and the aomunts involved are too low to justify suit in any event. The risk to the seller, who doesn't ship until payment is received, is relatively small, but the risk to the buyer is rarely factored into the equation in a reasonable way. So if someone responds to a price that's too high with an offer that's too low, that is not unreasonable. People can offer whatever they want, it's still a free country! You never know, the Seller may be more interested in unloading something he doesn't use and moving on, than messing around trying to squeeze a few more bucks out of the deal. A seller can ignore the offer and let it die on the vine, or make a counter-offer. Give the stuff away if you can't get what you think it's worth. Whining about "lowballers" is pathetic. It's just spam, delete it. Besides, deals are governed by the "Golden Rule" - the one with the gold makes the rules, not the silly seller.
Low ball is, simply, the price where the seller thinks ''ridiculous'' in his mind when he sees it. Not even worth a reply if you asked me. And if you feel it is ridiculous, you can bet the "potential buyer" knows it too. Shame.
If a buyer thinks they can pay whatever they want, then step up to the plate and pay retail...unless you don't have enough to be in the hobby to begin with. If something is priced too high the seller is a bad guy, but if the seller steps down to a lowball price, he's now a good guy. There are enough freeloaders in the world already.
When the seller refuses to lower their price, they ARE tyhe ones with the gold, not the buyer that can't pay retail.
wow,

You've posted 36 times to this thread so far, repeating the same theme multiple times. Freud would have a field day with you.

We get it, you've got yours and to hell with anybody who does not. You are a superior being because you made a lot of money and people who are struggling should not be bothering you.

BTW, how did you calculate 88% of those on welfare don't need it?

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Herman, I do not have any more than anyone else. This is supposed to be about unacceptable lowballing. The reason some people have less than others is because they can't control their spending and expext someone else to make up the difference. Not that I feel that I have to explain to you or anyone else, but if you don't manage your money, it'll manage you. As far as the few that really deserve to be on welfare, (ask anyone that collects) the Gov. makes it too easy. They people that can work feel it is not in their best interest to work 40 hours a week just to make a few extra dollars. 88% is a lowball figure. Happy listening.
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First reaction is how can you say you have no more than others when you retire at 49 and most people live in debt? I'm doing OK myself but realize how fortunate I am to be in the situation I'm in.

So I'm thinking;;; I really don't know you, maybe I'm taking your rants about welfare cheats, whiners, and bottom feeders the wrong way so I look at your other responses and find this response about dealing with wives and girlfriends.

Stay out of debt, always make sure you have more money than her (so you can stick it to her how much more responsible you are than her) and keep separate bank accounts. Then go out and buy what ever the hell you want. Remember to hide your gold. Happy listening.

When I got to that I understood. No wonder you have such contempt for lowballers when your idea of a good relationship is one built on dominance and deception. If you don't see how that is wrong on so many levels we will never be able to see eye to eye.

Wish I had seen that earlier so wouldn't have wasted my time trying to reason with you.

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Money means nothing. You can't buy your health with it. I feel rich because I have use of both my eyes, ears, and have use of all of my limbs. I've seen my share of those who don't, and they're still standing if you know what I mean. As far as relationships go, domination is only a bedroom thing for some. People don't come with guarantees, so if things don't work out, I don't want to be out any more than my ex. Why should I? Some people are just screw ups when it comes to money and/ or responsibilities. If I want big ugly speakers and pay for them, why not. If she pays for ugly drapes and likes them, I'm not going to complain. I may not have as much as a lot of people, but I'm happy for what I do have. I sure hope all the bad guys on Smackdown win tonight. Happy listening.
I've had multiple low offers that have ended up resulting in a sale thru negotiation. As others have said, you never know. I alway leave myself some wiggle room between what I would like to get and what I am willing to accept. I pay attention to listing prices for gear I own on the chance that I may sell it. I price items near the middle of the going range and allow for condition.

I've only been low balled by one potential buyer. I had an item for sale and was asked the dreaded "What's your best price?" question. I gave an answer which was about $300 less (for a $2000 item) than what I was asking and was lower than I had ever seen it go for. This person responded with an offer that was 25% lower than my offer. I did not respond back. After several days I was asked if I received the offer. I responded by asking if my lowest offer had been received. I never heard from that person again. Certainly, that was both low ball and offensive. I have no desire to deal with people like that but realize that to a certain extent it goes with the territory of buying and selling online.
I'm glad you were able to stick to your guns. If 2K was a fair price to begin with, your 300.00 discount was more than generous. Best of luck.
I was able to sell for between my original asking price and my offer to the other "buyer". The person that bought was happy with the deal they got, go figure.
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Csmgolf, "offensive" ?????

That is so foreign to me I have no idea how to respond. You get an email for lower than you expect and you are "offended." Very sad really.

Polk, I see we are so far apart on life experiences that further conversation is pointless. I married the love of my life 25 years ago and everything WE have is OURS. I pity someone who goes through life looking over their shoulder worrying about splitting up. We have joint accounts, everything is in both our names, We plan to go to our graves with whoever survives getting whatever there is.

Very sad you feel the need to flaunt what you have to your partner to feel superior and hide what you have to protect it.

very sad

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If someone asks you your bottom line and you give it to them, then don't bother offering lower because it is the bottom line. It is called courtesy. Lack of sourtesy is offensive, period. If you don't get it, sorry. What is sad is thinking lack of courtesy is ok.
Don't be sad Herman, she'll get over it, and I already have. Lowballers have nothing to lose, and I'm just not into the Leave it to Beaver lifstyle. You have to make it with or without someone.
Another lowball part of this thread is the family counseling.

I like to go to urban dictionary for most of my slang:

http://www.urbandictionary.com/define.php?term=lowball
When I list something, I put free shipping and no paypal fee with price firm. This blocks out all lowballers without saying no lowballers. I have always sold listing this way. I think it takes more balls to ask for the buyer to pay for paypal.
Don't be sad Herman, she'll get over it, and I already have. Lowballers have nothing to lose, and I'm just not into the Leave it to Beaver lifstyle. You have to make it with or without someone.
Polk432

Polk, I'm pretty sure Herman is not saying he is sad, meaning unhappy or depressed, over your situation. He's saying your situation/attitude/outlook is sad, meaning pitiful, pathetic or unenviable.
But you ain't gonna get it.
I'm happy the way things are, and hope others are too. There's just no way anyone will convince me that I should cater to lowballers. I really don't feel my attitude is sad pathetic or uneviable at all. Being happy just to be able to see, hear, and use all of my limbs is good enough for me. Making the sacrifices that I have to keep from being a burden to society isn't exactly what I call the sign of a loser. If people are in debt, that was their choice. No lowballers please. I agree with Yogiboy on paypal.
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It is called courtesy.

No, it is called negotiation.

if someone asks you your bottom line and you give it to them, then don't bother offering lower because it is the bottom line.

That's not the way the way the real world works. When you give your bottom line you may be firm, but a lot of people respond with a price higher than they are ultimately willing to take. Since I don't have any idea whether you are firm or not I have to offer lower to find out. Again, it is called a negotiation.

If you are so easily offended then don't negotiate. Say so in the first place and list it firm then ignore anything below your price. Once you open the door to a negotiation it is ridiculous to get "offended" at an offer, any offer.

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Your straw man argument is idiotic. Please quit making things up and attributing them to me.

I said you should not get offended by an offer. I did not suggest you had to accept it.

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Let me put it another way. If that person opened with their offer, I would have negotiated and not had a problem with the offer. We certainly would never have reached an agreement though. The bottom line is not known until you get there. When my best offer is asked, I have already negotiated against myself. Negotiations are done at that point, period. No different than your suggestion of listing a firm price.It is exactly that, firm. If that price is too high, look elsewhere. Don't ask for a significant reduction from the lowest price. That is a lack of courtesy. I have negotiated deals many times on this site without incident. Many were successful, some were not. This was the only incident that I have felt that way, so don't tell me I have thin skin. One thing I certainly do when my best price is asked since that incident, is ask the buyer to make their offer. I will not negotiate against myself again. At that point, we can negotiate or not. If the sale doesn't happen, no big deal. If you still don't understand my POV, I don't really care.
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you completely missed my point.

When my best offer is asked, I have already negotiated against myself. Negotiations are done at that point, period.

Why do you believe everyone negotiates like you do?

Many will not give you their bottom line at first in hopes of getting more.

Unfortunately I am not psychic. How do I know which type you are unless I ask you to reduce your price? It is a process of feeling out the other party to try and discover what their true bottom line is. It has nothing to do with courtesy.

I would love to be the car dealer when you come in. Do you really believe they give you their best price just because you ask for it.

Like I said, if you are offended by negotiations just don't do it.

Amen

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"Folks,
Anybuddy has Accuphase DP75 for $350 ready to buy it tomorrow.
THANKS!"

Got one. Asking $3100.00. That's the lowest I'll go.
But sir, it's valued at over $3000.00. Why such a low offer?
I would be willing to let it go for $3000.00 and no less!