When does an offer below the asking price become a "lowball" offer?
That is rhetorical question, right? As obviously "lowball" means many different things to many different people. I think everyone can agree that offering less than 55% of asking price is a "lowball" offer though.
I'll admit that 45%-55% below the asking price is ridiculous, but so are
some of the asking prices I see here and on other sites.
What makes an asking price ridiculous? Another rhetorical question.
Let's face it, once you decide to sell any piece of equipment you just want it gone.
Not true. Maybe in my younger years I panicked , but I've learned that patience is a virtue, as a buyer or a seller. Just as some buyers will panic and overpay, some sellers will panic and undersell as well. It's human nature to want to take advantage of an impatient buyer/seller.
It may take me months to sell an item, but I would rather wait than give it away. I approach buying the same way.
In fact I will usually try to sell an item on another site for a couple of months before I break down and buy an ad on Audiogon.
Audio Asylum Trader and USAudiomart have lower traffic, but lower scammers too, and they are free.
Some items have even taken me years to sell. Almost everything sells eventually though.