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Does it make sense to "ignore low ball offers"?

Assuming the person wants to sell the item and is accepting offers (since he didn’t say the "price is firm") then why say "I will gladly ignore low ball offers" ?

Why not make a counteroffer to the low ball offer? Thats how cars, houses and most anything that doesn’t have a "firm" price is purchased.

If its because the seller doesn’t want to waste their time negotiating they should say so or simply grow-up a little bit and not get so easily offended by a low offer. Besides, a buyer has no idea what the seller is willing to accept unless you negotiate it.

I’ve sold and purchased a number items after negotiating from a low first offer.

128x128sbayne
noromance's avatar
noromance
9,470 posts
 

I tried low-balling a house for sale that was 40% cheaper 2 years ago. Realtors Inc. conspired to increase home prices by ludicrous amounts after Covid. Needless to say, I got no reply.

mitch2
3,694 posts
 

@sbayne 

It comes down to personal style and preference, we all have our own personal operating code that works for each of us - it doesn’t need to be one size fits all.

willgolf
933 posts
 

If the offer was a total insult I ignore it.  However, for the most part, I will counter.  What really pisses me off is when I counter and they accept and then they say I will send the money after my check clears in two days and then they go dark.  Why waste my time if you are really not going to buy the component?  This happened to me last month.  

roxy54's avatar
roxy54
7,694 posts
 

@noromance 

Respectfully, I don't believe that any realty company, no matter how large can control the real estate market. There are many factors that affect pricing; supply and demand being one of the biggest.

theflattire
131 posts
 

"sorry, but no" or "sorry, but thanks for the offer"

I try to acknowledge.  You never know, they might come to their senses.

More than a few have comeback with better offers.

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