Anyone else receive low offers right away ?

We're in a recession, it's a buyer's market. It's not outrageous for a 10 year old piece of equipment to go for 80% of list price.

?

I'm not insulted by lowball offers, but I do wonder about outrageously low offers within minutes of a posting with a low price (eg, 40% off an item listed at the lowest price ever on the 'Gon). Kind of weird: does the buyer expect the seller to panic within minutes?

It is another matter, when an item has been up a month or two, since there is some indication that the market will not bear the asking price. At this point, I think it perfectly appropriate to offer a "would you consider" reduced price, and I sometimes do this myself.

Perhaps the trigger happy lowballers could exercise a bit of patience; that way, they wouldn't seem so ridiculous, and they might find a deal.

John

Invenio:

I just thought there might be a typo in the bit I quoted. Maybe of --> off?

FWIW, my experiences lately, both selling and buying, suggest a buyers market

J