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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
sogood51
2,157 posts
 
There is the obo option when a component is listed. When I respond to a for-sale with this option, I simply ask: " what is your bottom dollar" on this item...why beat around the bush.

Components listed without the obo option I take as being somewhat firm in price...an offer 75% of my asking price would be taken by me as a "lowball" offer...I would respond though with a polite no thanks and have always responded to all offers from any adds I have listed.

I would think that we all "do our homework" before we go shopping. What an item is worth and the price range that item has been selling at is part of that homework...as such, you should know if you have just made a "lowball" offer.

Dave
sbank's avatar
sbank
3,378 posts
 
search the archives, this has been recently discussed ad nauseum...Cheers,
Spencer
carmantom
17 posts
 
Mthieme
You might find this thread helpful regarding your question.

http://forum.audiogon.com/cgi-bin/fr_memb.pl?&&listthrd&zzCarmantom
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czbbcl's avatar
czbbcl
1,752 posts
 
An ignored offer to me is rude and inconsiderate when a simple no thanks is all that is required. I agree that lowball offers are upsetting but they are a part of the buying and selling process. I would provide a response such as "No Thank You" even if the ad is marked price is firm. Simple courtesy.
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