What is "low ball"


A lot of ads say something to the effect "no lowballers please". So I'm curious what people think is "lowball".

I'm looking for a percentage from people. I'm thinking less than 75% of asking price is where "low ball" kicks in, but I'm interested in what the general consensus is (if there is one).
jaxwired

Showing 3 responses by rrog

Lowballers=bottom feeders? I don't think so. It's the buyers who set the sales price not the sellers. I have been tracking sales prices on certain items and it is the sellers who are continuously trying to jack the prices up. So, if your price is too high and a buyer offers the going price, is the buyer a lowballer? I don't think so.
I agree with Cyclonicman. There are far too many "highballers". Need some examples? A recent listing for an Audio Research SP-8 (not MKII) for $2,200. That's $1,000-$1,200 over market. Maybe more depending on condition. The price was firm. How about a current ad for an Audio Research SP-4 with a scratchy volume pot for $1,600 rated 9/10? That price is about 4 times too high and it's not a 9/10. If you offer the right price will you be considered a lowballer?

I usually offer full price and ask for help with shipping. I recently offered to buy two items advertised by a well known seller. I offered full price for both items asking the seller to contribute $50 towards shipping and the seller declined. I will not waste my time with that seller again. Nor will I waste my time with sellers who are rude and show poor judgement in their responses on this forum since it is surely an indication of their character.

I also agree with Frogman and Digitalaudio. A product's markup also comes into play for used market pricing. If an item has a 50% markup it is likely to be sold at some point for that price as a store demo or to make room for its replacement. Why would you want to pay more for a used one? Cables are a good example.
The truth is, the sellers who complain the most about lowballers probably lowballed someone else when they bought it and are trying to make a profit.