Why get worked up over this? There are plenty of unreasonable sellers also, which are attempting to get close to new prices or well above fair market value. Do you email each seller also just to prove a point? It's your choice to engage...or not.
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. |
Ignore it or send a note of appreciation but no interest at the price they are willing to bid especially if in excellent/mint condition. I do this all the time and have sold many pieces over many years. Also the variable of how long you want to wait to sell the piece has to be considered. If they want it they will let you know. |
- 98 posts total