when the offer is super low, I usually play along and respond with an even lower counter.
What to do with very low offer on an item for sale
I am pretty new to selling on Audiogon and with a component I have received an offer of 25% of the price; I had chosen a price, including shipping, at the low end of what I have seen on HiFi shark.
If someone with more experience than I could help; do I ignore it or come back with a sensible (10% perhaps) discount on my price.
Thanks for advice
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- 98 posts total
Let's assume your asking price was in line with fair market value. (For FMV I prefer to use what TMR would pay me plus 10-15%) FWIW I'm a frequent seller and I can tell you from my experience is that the market for used gear is mush right now. If you get a stupid offer that's an insult please consider that some buyers are not WASPS and in their culture an opening bid is how the party starts and not a slap in the face. I sold to an Indian gentleman once that turned out to be a great buyer once we got past his ridiculous initial offer. I typically respond with a polite counteroffer of 3-5% off my ask. Once the dialogue gets going you have a good shot at an acceptable deal. |
@thecarpathian what he said politely is that some of us have class. |
- 98 posts total

