I would say it depends on what the buyers asking price is. If the asking price is close to what other similar items have sold for recently, then approx. 20% less than that amount or more might be considered "low". If the buyer is asking say, $1000 for an item that usually sells for $800, then an offer of $750 would not be considered a "lowball" offer, because his price is too high to start with.
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).
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).
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- 164 posts total
- 164 posts total