What is "low ball"

I basically list everything at my lowest possible price. On very rare occasions I will take a little less. Unless I'm missing it somewhere when I list, there is no way to list it as "firm" anymore. Even when that feature was available on the old system, I still would get offers. Now, I usually have to list things as "buyer can only make offers" It doesn't mean I will take less. I do this because we sell retail, and at other sites. If I have one player, and it sells somewhere else, I don't want someone on Agon hitting buy it now, only to find out I don't have the piece any longer. With the way the wording is now, and they way I have to list, it's just a green light for people to make crazy offers. I get more "lowball" offers now than I care to think about. I sure miss the old system, but I won't even get started on that.

Timhru, with the new Audiogon format I have not seen "OBO" on any ads. Did you write that in yourself?

In many cases, it's subjective but overall, I think lowballing is when a buyer offers a price for a product that because it is so far below the current market value, it is actually kind of insulting to the seller. The flip side is that some sellers are so out of touch with their asking prices that maybe we should call them highballers. LOL

I would guess (if we were all to be ruthlessly honest) that the deviding line between what we consider to be fair and what is "low-balling" has a great deal do with wether we are the seller or the buyer. Having said that, I agree with Jdoris. I pay less attention to what the seller hopes to get and more attention to my "rule of thumb", as recommended by pre-Audiogon "Audiomart". Non-dealer, current production items: 60% of list price. Items one model removed from current model: 40% of original list. And let the chips fall where they may. Of course some flexibility is in order, taking into account condition of item, and desirability.

Audiomart... They'd recommend even less if they thought it would make them more sales fees. Think about it.