Audiogon Anti-Lowball Offer setting


Hey everyone,

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.

Thanks
128x128jedinite24
Post removed 
@jedinite24 ~ I am usually quite tolerant of low ball offers.  Not too long ago a buyer in California, who happens to be a Doctor sent me a $500 offer on a speaker advertised for $1799.00. I blocked his sorry ass from bidding on my stuff :-)

I sold that speaker at my asking price to a very nice gentleman in Oregon a month later. 

Hi Lalitk,

I'm going to message you on how to block a lowballer from bidding on your stuff. I haven't found that option yet on Audiogon. And here I thought the lowball offer I got was bad. $500 on a pair of $1799 speakers. Whew. That is some crap. I really think people that make these offers really take advantage of them not being face to face in person. I remember I said to one lowballer. Would you make that offer to a small business if you were face to face in front of them? They never replied again.
The sad fact is that they would not be doing this if it were not a successful buying method for them. For every 20 ads they throw a lowball offer at and get laughed at or yelled at, they probably will get one desperate seller to bite.

It's very similar to the young guy who has too much self esteem issues, just asking 100 women to sleep with him. Sure, he may get spit on and slapped dozens of times......but the payoff is worth it to him if 1 or 2 of them say yes.

Some people just have no problem handling rejection.
Either they enjoy the rejection, or they must catch some fish using their buying methodology.
Part of the problem is many jack up their asking prices past market value  . Someone makes  what they think low ball offer and that offer gets accepted . They do the same on the next item for sale that is priced right and bam ! you have your low ball . Some blame can be attributed to the high price listings .