2. misc-audio
  3. 1106828708

What is " lowball"

Do any of you have an idea of what constitutes lowball as a general rule. I have purchased things at 75% of asking price and have been ignored at 90%. All my sales have involved some haggling to find a middle ground and some started at what I thought was a lowball, so it annoys me when I am ignored. I guess it is better than getting involved with someone too busy to type NO THANKS and hit send. I'm just curious what everyone considers a rule of thumb in regards to making offers.
mthieme

Showing 1 response by jedinite24

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jedinite24
1,503 posts
 
Sorry if this is a dupe posting to this thread. I'm trying to get this out there as I'm tired of getting hit with lowballers.

FYI

Audiogon has now defined lowball offers to be 55% off of what you list.

I don’t know if you all saw this but I got an e-mail from A’gon stating they have a new feature in place to hinder insane lowball offers.

After you log in go to your Account and select Edit Account. Then scroll down in the Policies section there is a check box to automatically reject lowball offers.


Policies

Lowball offers

Automatically reject offers below 55% of your asking price.

I wish this could be user specific. I would have set this to 45% off of listing price for my tastes but it is a start for Audiogon. I hope this button works and deters the stupidity of the lowball offers some people send.

Thanks
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