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

Showing 1 response by brianmgrarcom

From the responses it seems that almost everyone has an opinion that differs slightly.

People say it is rude to not reply to a lowball offer, but is it rude to offer someone a rediculous price? And it does happen. I think if someone is really pushing the envelope on their offer, they shouldn't be surprised if they get no reply. That said, I agree with others that it isn't that hard to simply reply back with a No.

As for OBO or Firm, I wish they would remove it. I generally want close to my asking price, quite frankly I think that option just confuses things.