2. misc-audio
  3. 119626-70577

What's up with the ridiculous offers?!?

Is it just me or are the high volume of low-ball offers surprising anyone else?

Example: I list an item at 60% off what a current, desirable  component sold for new, and I get an offer for half (or less) of what I am asking! I've have been buying and selling high end audio & video gear for over 40 years and I know the value of gear, but I have never experienced such an destructive trend. I expect it from Craigslst or at a garage sale, but not from Audiogon.

I understand an occasional low offer, and it's usually accompanied with an explanation or apology for the balz it takes to make such an offer, but I am getting absolutely offensive offers for more than 75% of what I list.  

Are there any other sellers that would like to commiserate with me? Am I missing something? Is it just me?

- REV
va6007

Showing 1 response by lewm

lewm
13,616 posts
 
In part, this trend may be a reaction to the glut of way over-priced new gear on the market, designed to attract those with no taste, no experience, and no knowledge who only think they know that the more something costs, the more they want to have it.

When someone asks me for my "lowest price", I always decline to answer.  Instead, I ask that person, "Why should I bid against myself?  If you are interested, please make an offer, and I will respond to your offer."  That either ends the conversation (fine with me) or leads to negotiation and a reasonable sale price.
More to discover