What's up with the ridiculous offers?!?


Is it just me or are the high volume of low-ball offers surprising anyone else?

Example: I list an item at 60% off what a current, desirable  component sold for new, and I get an offer for half (or less) of what I am asking! I've have been buying and selling high end audio & video gear for over 40 years and I know the value of gear, but I have never experienced such an destructive trend. I expect it from Craigslst or at a garage sale, but not from Audiogon.

I understand an occasional low offer, and it's usually accompanied with an explanation or apology for the balz it takes to make such an offer, but I am getting absolutely offensive offers for more than 75% of what I list.  

Are there any other sellers that would like to commiserate with me? Am I missing something? Is it just me?

- REV
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Showing 2 responses by oblgny

I think that the spate of lowball offers is derived from a recent article regarding the markup on "consumer electronics" and a pending lawsuit by Radio Shack against its suppliers.  There's a post somewhere on here about that...

While I don't begrudge any dealer from making a return on investment, I am curious as to why there appears to be what in other industries would be termed price-fixing by the manufacturers.  A manufacturer that restricts its dealer network from advertising prices anywhere should be questioned about such policies because MY money is just as important as their's is.  

Back to subject:  When I tender an offer to a fellow member I explain in detail my reasons why;  bluebook reference,  Paypal fees,  shipping, and anything else I feel is pertinent to the item itself.  I've had perhaps two or three offers rejected,  then countered,  usually resulting in a purchase.  

Most members here belong for a reason.  That reason is that most members here take care of their gear,  some even give up children,  spouses,  smoking and drinking to ensure the condition of it. 

Many ads here do contain the caveat that "lowballers will be ignored" or "not responded to."  It's worked for me.