This is a great thread. I'm considering making an offer on a pair of speakers. It's good to know how people think.
Why do so many sellers take offense to offers on their listings?
If you have the 'offer' feature activated then what's the problem with any offer. Comments like 'lowball' offers will be ignored just gives me a bad vibe. If your item has been up for sale then there is no insulting offer. I've made deals with people starting far apart and coming together. If you haven't noticed the audio market seems to have come to a standstill. Any opinions?
I can’t remember ever “taking offense” to a low offer or being inundated by low offers to the point of irritation. You list something for sale, you should expect responses. At least they are looking at the ad. I might not take an offer on day 2 that I would take after 3 weeks. It is a simple yes or no, and “thanks for your offer.” I am usually more interested in the quality of the buyer so as to avoid the risk of problems after the sale, which is a practice that has served me well here for over 20 years. |
Since this is a used gear site, the art of bargaining and negotiating is in full swing. If I list a unit for, say, $2K, and someone offers $1100. I'm not insulted; I just counter with $1950. That either silences them or they climb the steep hill and offer something closer to the asking price. But if I want $2K for my unit, then I'm not going to list it for $2K. |
I price my items according to what others have sold for. If I get an offer that is ridiculous to me, I don’t respond. I’ve gotten ridiculous offers hours after I posted things for sale which I would never accept. It’s not like going to a swap meet! I don’t mind sitting on things for sale for months. |
I try to price an item low enough to my willing to sell for price so that I attract a buyer. I think 30% over that may keep people from bidding. So I guess a 30% lower than my willing to sell for price offer would be too low a starting point. I guess it’s a balancing act of close enough to my price without turning away a serious potential buyer, but close enough to my price so an actual deal can be struck. My 2¢ |
If I see an ad and I feel the asking price is out of line, I disregard it. I have "low balled" auctions on ebay, "not tested" "not working" "sold for parts". Even if they do not state "open to offers", I send them a message. I state the possible problems it may have and cost to repair. Hopefully justifying my low offered gamble. I low balled one Mark Levinson power amp. It was the Seller father’s amplifier, and he knew nothing about it. A gamble purchase for me. I suggested for he to take the unit to a reputable "highend" stereo shop to have it checked out. Limo connections. He might get more money and faster sale if the position or disposition is known. "Who knows. They may give you an offer for it right then and there for it." |
@mikelavigne You probably nailed it. Most audio dealers couldn’t use their ‘sales’ technique in any other vocation. They certainly wouldn’t sell many cars. |
i’m the GM of a large Honda Automobile Dealership. over 48 years in the car business i’ve managed the sale of around 150,000 cars......one at a time. i don’t take low offers personally. OTOH many of my customers take everything personally. so when civilians can’t deal with a low offer when they are selling things, that is normal human nature to me. buyers simply need to be the adult in the room, give sellers space, and time to react and calm down. games of chicken can develop stopping logical communications. buyers need to find common ground with the seller to somehow move things along. but there does need to be good faith on both sides for progress to happen. sometimes good faith is missing. and so failure to launch. if a low offer is made that is just a trial balloon that is not in good faith, that is an insult. so the seller will see it as just a ruse to get a lower starting figure. in the car business we just tell that game player that we are close but we ’just can’t quite stretch to it’. the ball is back in the buyer’s court to see if they get ’real’ or go bother someone else. good faith is good faith. if your offer is not realistic then you are the problem. |
99% of your first post proves you will fit right in @vivivisrth8 |
The only time it's a problem is when a seller thinks his stuff is worth 95% of retail and a buyer that thinks 50% of retail is a good starting point. Anybody that starts off with NO LOWBALLS is just wasting my time. If you get a low offer, just say it's too low, you don't have to make a big deal out of it. |
Of course it's not always about a buyer thinking they deserve a discount. Sometimes it's just about having limited means. For example, knocking a few hundred dollars off a $5k amp might make a big difference to some people. It goes without saying that the seller doesn't have to sell. |
not so, sir! They do walk among us… and yes, there ARE some selective very insulting offers. This forum used to have an embedded honor code for members, that’s regrettably long gone now. Some older members (me included) don’t share in any positive manner of “throw all the lowball shite against the wall, and WTF…let’s see what sticks”. Capriciously throwing around nickels like they are manhole covers can ( and frequently will…) be received by Seller as very insulting to Seller’s knowledge of market price, sense of mutual fair play, and trashing of respect for a fellow hobbyist. These events can degrade it to a big insulting time waster. With the massive gap between parties, it’s a big clash that is largely insurmountable, and I have yet to see either party walking it back.[ Note: I’m assuming that the unit is fairly priced supported by empirical market precedent and excludes any dufus Seller stunt who grossly inflates his asking price out of greed or ignorance) I sell mostly on CAM, and the occasional insulting offers from perceived bottom feeders are getting more common . After getting them simply blocked out of the listing and also from all future communication with Seller, it may also be stapled with an implied pejorative slang profanity derived from GENESIS 9:7.
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Who hasn't watched "Pawn Stars"? People come in asking the moon for their stuff, and then Rick brings them back to earth. It's not uncommon for someone to ask $25K for a vehicle or some collectable, then settle for $12K after the smoke clears. I'm no cheapskate, and I'm happy to pay up for the right item, but you never know until you ask. How do you feel when you offer 10 or 20% off, and the seller snaps it up? Don't you wonder if you could have gotten it for less? An offer is just the beginning of negotiation. |
I’m not gonna offer someone 35% of their ask but I will offer 30% off their ask sometimes. I think that’s an ok place to start but some of these guys act like you insulted their Mom. Not to mention if your item has been for sale for months nothi g is an insult. Half the dealers on here won’t answer you. |
I guess unless you've sold for a long period of time you don't get it...but offers of 25 30 or even 40% of the sellers asking is bullsheet...it's like making an offer on a home...if it's 100k you don't offer 35k..well maybe you do but I'm guessing you get the big screw off dude comment......imo if making an offer be realistic and if the asking price is too high to start keep looking . |
I’ve thought of getting into audio sales just because the salesmen seem so deficient. If the price is firm don’t leave the offer option available. I have bought quite a bit of audio gear in the last 10 years. I bought from the sellers because they were ready to make a deal. They gave a quick response and didn’t play games. I’m sure It’s a frustrating business with the high price of the items but negotiations have to start somewhere. |
What I’ve learned in sales / management long ago is how to read people quickly, and that same technic is applied when purchasing, even online. Having said, you have (some) legitimate questions. My best advice, sure you feel it’s a two-way street though clearly not always the case from others perspective. But to many variables at play here for a burned out dude like myself to explain. People have their reasons :-) Had someone call me zealot once in my lifetime … I likely deserved it. And yes, related to audio purchase that worked out in my favor. |